Jan 27 Watch 6:45 'Small army' of online investors drives stock market frenzy Part of Wednesday's market frenzy was not just a plunge due to the concerns over the pandemic. There's been major tumult in recent days as individual investors and young day traders upend the market and send prices of a few… Continue watching
Jan 25 Watch 6:39 Biden's relief plan faces resistance from both sides of the aisle Republicans and some Democrats are pushing back against President Biden's $1.9 trillion relief plan meant to address a host of health and economic issues brought on by the pandemic. Heather Boushey, a member of the Biden administration's White House Council… Continue watching
Jan 21 U.S. unemployment claims fall to a still-high 900,000 By Christopher Rugaber, Associated Press Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a raging pandemic. Continue reading
Jan 08 U.S. loses 140,000 jobs, first monthly drop since spring By Christopher Rugaber, Associated Press U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses. Continue reading
Dec 07 Watch 9:23 Amy Walter and Errin Haines on Biden's picks to oversee the pandemic Amy Walter of the Cook Political and Errin Haines of The 19th News join Amna Nawaz to discuss the latest political news, including President-elect Joe Biden's selections for his healthcare team, President Donald Trump's election challenges, and Georgia's U.S. Senate… Continue watching
Nov 12 Watch 4:37 News Wrap: October federal government deficit reaches record $284 billion In our news wrap Thursday, the U.S. Treasury reports the federal government ran up a record $284 billion budget deficit for the month of October. That shortfall is more than double what it was last year. Also, a helicopter carrying… Continue watching
Sep 29 JPMorgan Chase to pay $920M in fines for manipulating bond, metals markets By Ken Sweet, Associated Press JPMorgan Chase admitted Tuesday to manipulating the markets for precious metals and U.S. Treasuries, agreeing to pay $920 million in fines and penalties for the illegal behavior. Continue reading
Sep 03 U.S. trade deficit surged in July to highest in 12 years By Martin Crutsinger, Associated Press The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount. Continue reading
Aug 25 Many Americans shoring up finances amid downturn, poll says By Josh Boak, Emily Swanson, Associated Press A new poll from The Associated Press-NORC Center for Public Affairs Research finds 45% of Americans say they are setting aside more money than usual during the coronavirus pandemic. Continue reading
Aug 11 Virus surges make U.S. weak link in global economic recovery By David McHugh, Paul Wiseman, Joe McDonald, Associated Press China is up and running and Europe is bouncing back. Businesses that sell to the U.S are wondering and hoping when the U.S. economy will get back into the game. Continue reading