Economy

McConnell Reveals Senate Relief Bill Will Include Stimulus Checks, School Funds
Congress
McConnell Reveals Senate Relief Bill Will Include Stimulus Checks, School Funds
2020-07-21 17:43:23
by Dan McCue

WASHINGTON - Senate Majority Leader Mitch McConnell, R-Ky., on Tuesday provided the most detailed description yet of what's going to be in the Republican-controlled Senate's next coronavirus relief proposal. Speaking on the floor of the Senate, McConnell said the GOP... Read More

Cisneros Co-Sponsors Bipartisan RESTAURANTS Relief Bill
Business
Cisneros Co-Sponsors Bipartisan RESTAURANTS Relief Bill
2020-07-21 14:10:16
by Sara Wilkerson

WASHINGTON - Rep. Gilbert Cisneros, Jr., D-Calif., is the co-sponsor of a bipartisan bill aimed at providing financial relief for independent, non-chain restaurants within the restaurant industry. The Real Economic Support That Acknowledges Unique Restaurant Assistance Needed to Survive Act... Read More

Trump, Congress Square Off Over Virus Aid as Crisis Worsens
Political News
Trump, Congress Square Off Over Virus Aid as Crisis Worsens

WASHINGTON (AP) — President Donald Trump acknowledged a “big flareup” of COVID-19 cases, but divisions between the White House and Senate Republicans and differences with Democrats posed fresh challenges for a new federal aid package with the U.S. crisis worsening and emergency... Read More

Poll: Pandemic Hurting Americans' Finances in Disparate Ways
Economy
Poll: Pandemic Hurting Americans' Finances in Disparate Ways

BURTON, Mich. (AP) — Crystal and Chris Martin put off some payments on their home in this blue-collar town near Flint and are pinching pennies to make ends meet until they return to work. In Windsor, Connecticut, Anne Druce's family... Read More

EU Nations Clinch $2.1T Budget, Virus Aid Deal After 4 Days
Economy
EU Nations Clinch $2.1T Budget, Virus Aid Deal After 4 Days

BRUSSELS (AP) — Weary but relieved, European Union leaders finally clinched an unprecedented 1.82 trillion euro ($2.1 trillion) budget and coronavirus recovery fund early Tuesday, somehow finding unity after four days and as many nights of fighting and wrangling over... Read More

Cuomo, N.Y. Task Force Head to Georgia to Help in COVID-19 Fight
State News
Cuomo, N.Y. Task Force Head to Georgia to Help in COVID-19 Fight
2020-07-20 19:49:27
by Dan McCue

N.Y. Gov. Andrew Cuomo and members of the state's COVID-19 task force traveled to Savannah, Ga., Monday to help officials there cope with a surge in coronavirus cases. While in Savannah, Cuomo will host a roundtable meeting with the New... Read More

New Dem Coalition Calls for Coronavirus Relief Tied to Economic Conditions
Congress
New Dem Coalition Calls for Coronavirus Relief Tied to Economic Conditions
2020-07-20 18:03:05
by Dan McCue

WASHINGTON - Members of the largest ideological caucus in the House threw down the gauntlet on a new coronavirus relief package Monday, calling on their colleagues on Capitol Hill to strike a deal extending existing benefits now while ensuring continued... Read More

Blue Dogs Pushing for Improved Oversight in Pandemic Response Legislation
Congress
Blue Dogs Pushing for Improved Oversight in Pandemic Response Legislation
2020-07-17 14:32:21
by Reece Nations

WASHINGTON – Members of the Blue Dog Coalition issued a letter urging congressional leaders to include measures to further protect taxpayer dollars in the next round of pandemic response funding.  The coalition, founded on fiscal responsibility and centrist-ideals, highlighted the... Read More

Small Businesses Ask for More Aid to Ward Off COVID’s Economic Disaster
Congress
Small Businesses Ask for More Aid to Ward Off COVID’s Economic Disaster
2020-07-17 14:28:16
by Tom Ramstack

WASHINGTON - Small business representatives made a plea to Congress Thursday for assistance in getting Americans back to work after millions of workers lost their jobs during the COVID-19 pandemic. They said that without financial assistance and retraining of the... Read More

Restaurant Groups Renew Push for Coronavirus Relief Aid
Economy
Restaurant Groups Renew Push for Coronavirus Relief Aid
2020-07-16 13:34:28
by Dan McCue

WASHINGTON - A week before Congress turns its attention to the next coronavirus relief bill, advocates for the nation's restaurants are urging lawmakers to include a number of provisions to specifically bolster the struggling industry. “In just the past two... Read More

Congress Edges Toward Deal to Extend Federal Unemployment Subsidy in Coronavirus Bill
Congress
Congress Edges Toward Deal to Extend Federal Unemployment Subsidy in Coronavirus Bill

WASHINGTON — After initial resistance from some Republicans, Congress is inching closer to an agreement to extend at least some of the $600-a-week federal unemployment insurance subsidy approved this spring to help American workers hurt by the coronavirus crisis. When... Read More

Pandemic-Related Challenges Loom Large Over Those in Arts Sector
Arts
Pandemic-Related Challenges Loom Large Over Those in Arts Sector
2020-07-14 19:30:50
by Sara Wilkerson

Angie Benson, a freelance theatrical musician based in northern Virginia, minced no words about her beliefs during a recent conversation with The Well News. Despite the coronavirus pandemic, “the arts are essential,” she said.  “Now more than ever,” she added.... Read More

Outdoor Entertainment Returns to UK This Weekend
Entertainment
Outdoor Entertainment Returns to UK This Weekend
2020-07-10 19:25:48
by Sara Wilkerson

As governments and businesses across the U.S. continue to struggle with the question of when and how to resume outdoor sports and entertainment events, the United Kingdom is moving ahead with plans to restart this segment of its economy. If... Read More

Biden Pledges New Deal-Like Economic Agenda to Counter Trump
2020 Elections
Biden Pledges New Deal-Like Economic Agenda to Counter Trump

DUNMORE, Pa. (AP) — Democrat Joe Biden turned his campaign against President Donald Trump toward the economy Thursday, introducing a New Deal-like economic agenda while drawing a sharp contrast with a billionaire incumbent he said has abandoned working-class Americans amid cascading crises.... Read More

Corporate Leaders Suggest Bailout for Minority and Women Businesses
Economy
Corporate Leaders Suggest Bailout for Minority and Women Businesses
2020-07-10 14:10:22
by Tom Ramstack

WASHINGTON - Business leaders, during a congressional hearing Thursday, advocated for greater access to financial services for minority and women-owned businesses. They said government bailout money and low-interest loans for businesses during the COVID-19 pandemic are going first to established... Read More

Weekly Jobless Claims Fall, But Still Top 1 Million for 16th Straight Week
Employment
Weekly Jobless Claims Fall, But Still Top 1 Million for 16th Straight Week
2020-07-09 16:03:18
by Dan McCue

WASHINGTON - More than 1.3 million Americans applied for unemployment benefits last week, a pace that suggests employers continue to lay people off in the face of a resurgent coronavirus. The Labor Department said Thursday that the number of jobless... Read More

US Coronavirus Cases Top 3 Million as Multiple States Face Alarming Resurgence
Health
US Coronavirus Cases Top 3 Million as Multiple States Face Alarming Resurgence

The United States has reached another grim milestone in the coronavirus pandemic, with the number of confirmed infections surging past 3 million on Wednesday. The official tally, compiled by Johns Hopkins University, is almost twice as high as the second... Read More

Biden to Call for Moderate Approach to Reviving US Economy
2020 Elections
Biden to Call for Moderate Approach to Reviving US Economy

WASHINGTON — Joe Biden will call for a moderate approach toward reviving the U.S. economy if elected president that includes spurring manufacturing and encouraging innovation, shelving for now the more ambitious proposals pushed by progressive Democrats, people familiar with his... Read More

Pandemic Doesn't Prevent Musician from Completing 'Project of a Lifetime'
Entertainment
Pandemic Doesn't Prevent Musician from Completing 'Project of a Lifetime'
2020-07-08 18:00:48
by Dan McCue

For the musician Nick Parker, a dream 17 years in the making was just coming to fruition when the coronavirus outbreak suddenly brought the world's arts and entertainment industries to a screeching halt. The son of the acclaimed artist Robert... Read More

COVID-19 Meets the 2020 Election: The Perfect Storm for Misinformation
Social Media
COVID-19 Meets the 2020 Election: The Perfect Storm for Misinformation

SEATTLE — When a mysterious virus began racing around the globe early this year, scientists at the University of Washington’s newly created Center for an Informed Public described it as the perfect storm for bogus information, both innocent and malicious.... Read More

Voters Growing More Doubtful of Sustained Economic Rebound
Opinion Polls
Voters Growing More Doubtful of Sustained Economic Rebound
2020-07-08 13:40:20
by Dan McCue

WASHINGTON - Voters have grown more pessimistic about a quick "v-shaped" economic recovery in the wake of the coronavirus outbreak, especially in the south and west where the number of new cases have spiked recently, a new poll has found.... Read More

NewDEAL Forum Launches Task Force to Address Rebuilding the Country Following COVID-19
Economy
NewDEAL Forum Launches Task Force to Address Rebuilding the Country Following COVID-19
2020-07-07 19:00:32
by Reece Nations

WASHINGTON – The NewDEAL Forum has established a task force comprised of state and local officials to devise recommendations on a sustainable recovery from the coronavirus outbreak. The Renewing America Task Force will be led by five Democratic co-chairs including... Read More

Rep. Chrissy Houlahan Recognized for Leadership on Behalf of Businesses
Congress
Rep. Chrissy Houlahan Recognized for Leadership on Behalf of Businesses
2020-07-07 18:52:03
by Reece Nations

Rep. Chrissy Houlahan, D-Pa., has been recognized for her support of small business, by the U.S. Chamber of Commerce. Houlahan, who has represented Pennsylvania’s 6th Congressional District since 2018, is not only an Air Force veteran, engineer and educator, she’s... Read More

Senate GOP Aid Package Might Tailor Payments to Low-Income Households, McConnell Suggests
Economy
Senate GOP Aid Package Might Tailor Payments to Low-Income Households, McConnell Suggests

WASHINGTON — Senate Majority Leader Mitch McConnell began to sketch out details of a forthcoming GOP-drafted coronavirus relief package Monday, leaving the door open to another round of direct payments to households as well as more funding for state and... Read More

Trump Support Withering in Areas Where Virus Cases Are Rising
2020 Elections
Trump Support Withering in Areas Where Virus Cases Are Rising

Coronavirus is skyrocketing in Republican-leaning Sunbelt and interior states, where shifting attitudes about the virus and President Donald Trump’s handling of it could spell more trouble for his re-election effort. New cases have exploded in particular in Arizona and Florida,... Read More

1 Ad, 3 Accents: How Democrats Aim to Win Latino Votes
Political News
1 Ad, 3 Accents: How Democrats Aim to Win Latino Votes

WASHINGTON (AP) — The Spanish-language ads for Joe Biden used the same slogan to contrast him with President Donald Trump — “los cuentos no pagan las cuentas,” a play on words that roughly means “telling stories won't pay the bills.”... Read More

From Big Cities to Backyards, July 4 Not Usual Blowout Bash
In The News
From Big Cities to Backyards, July 4 Not Usual Blowout Bash

NEW YORK (AP) — The idea sounds almost un-American. The Fourth of July was always a time for communities to come together, daylong celebrations with patriotic parades in the morning and fireworks finales to cap it off. This year, people... Read More

House Clears Bill Extending Loan Program for Small Businesses to Aug. 8
Economy
House Clears Bill Extending Loan Program for Small Businesses to Aug. 8

WASHINGTON — A day after the Senate passed a last-minute extension of the Paycheck Protection Program loan application deadline, the House did the same Wednesday, clearing the bill for the president.  Somewhat unexpectedly, the Senate by unanimous consent passed a... Read More

Treasury Secretary, Fed Chairman Split on Urgency of Congressional Relief Action
Economy
Treasury Secretary, Fed Chairman Split on Urgency of Congressional Relief Action

WASHINGTON — Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell have worked hand in hand to soften the economic devastation wrought by COVID-19, but they don’t appear to see eye to eye on the potential for a quick... Read More

‘Sin Taxes’ Could Help States in Pandemic Budget Slump — At Least a Little Bit
Economy
‘Sin Taxes’ Could Help States in Pandemic Budget Slump — At Least a Little Bit

WASHINGTON — Gas tax revenue plummeted this spring, income taxes won’t rebound anytime soon and some states are offering a property tax holiday because people can’t pay during the pandemic. But so-called sin taxes are rolling in as liquor stores... Read More

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