Economy

LOS ANGELES — If you had posed the scenario to him as a hypothetical a few months ago — “Your company will be hemorrhaging cash, and you’ll turn to Uncle Sam for emergency funds” — Jim Brady would’ve confidently dismissed... Read More

WASHINGTON — Even as governors ask Congress for more pandemic relief money and more leeway to spend it, critics say some states are pushing the legal limits of how previous emergency federal aid can be spent. South Dakota auditors are... Read More

The number of Americans applying for unemployment benefits fell below 1 million for the first time since the pandemic began in March, a milestone that underscores both the depth of economic damage and long road to recovery from the sharpest... Read More

There were plenty of casualties left in the rubble of failed negotiations on another trillion-dollar-plus rescue package for a U.S. economy mired in a historic, pandemic-induced recession. Worst hit are the families, businesses, and state and local governments that have... Read More

Despite renewed concerns over a summer resurgence of the coronavirus, nearly half of the world’s movie theaters are back in operation, according to new data from the United Kingdom’s Gower Street Analytics. Gower Street, a film tech company that provides... Read More

A day after President Donald Trump took executive action to offer $400 per week in supplemental unemployment benefits, including 25% he said should be kicked in from state coffers, governors are pushing back. The leaders of states including New York... Read More

WASHINGTON — As the United States surpassed 5 million confirmed coronavirus cases, President Trump’s senior aides on Sunday defended his handling of intertwined economic and public health crises, declaring that Democrats would bear the blame for millions of Americans’ financial... Read More

WASHINGTON - A District of Columbia judge’s ruling this week is the latest court judgment that absolves insurers from obligations to cover the losses of businesses during the coronavirus pandemic. A group of restaurants sued their insurer after the company... Read More

ALBANY, N.Y. – The city of Albany has initiated a traveling street fair for residents to socialize at a distance and to learn about local resources. The street fair, called Playstreets, was started last month and its next fair will... Read More

WASHINGTON - As if a global health crisis wasn't enough to have on their plate, wine sellers are bracing for the imposition of another round of tariffs that could raise the price of imported European wines and other products by... Read More

WASHINGTON — Prospects for a quick deal to extend supplemental unemployment benefits and other stimulus for an economy still reeling from the coronavirus pandemic have taken a sharp turn for the worse, leaving millions of Americans in the lurch a... Read More

WASHINGTON — Three months ago, the Committee on House Administration’s ranking member, Rodney Davis, led the GOP opposition to Democrats’ proxy voting rule that allows members to cast votes from their districts during the pandemic. Now the Illinois Republican, stuck... Read More