Economy
WASHINGTON - A bipartisan quartet of Senators is urging the chamber's leadership to support aid to local newspaper, radio and... Read More
WASHINGTON - A bipartisan quartet of Senators is urging the chamber's leadership to support aid to local newspaper, radio and television stations in the next iteration of the federal Paycheck Protection Program. In a letter sent to Senate Majority Leader... Read More
WASHINGTON (AP) — New White House guidelines outline a phased approach to restoring normal commerce and services, but only for... Read More
WASHINGTON (AP) — New White House guidelines outline a phased approach to restoring normal commerce and services, but only for places with strong testing and seeing a decrease in COVID-19 cases. President Donald Trump unveiled his administration's plans to ease... Read More
WASHINGTON - Reps Derek Kilmer, D-Wash., and Stephanie Murphy, D-Fla., are among the bipartisan group of congressional lawmakers named to... Read More
WASHINGTON - Reps Derek Kilmer, D-Wash., and Stephanie Murphy, D-Fla., are among the bipartisan group of congressional lawmakers named to a White House panel tasked with counseling the White House on when and how to get the economy moving again... Read More
WASHINGTON - Ahead of an expected White House announcement on the easing of restrictions meant to curb the spread of... Read More
WASHINGTON - Ahead of an expected White House announcement on the easing of restrictions meant to curb the spread of the COVID-19 virus, governors across the nation are preparing for a "new normal" that will be quite different from the... Read More
President Donald Trump nudged the nation’s governors on Wednesday to get ready to reopen their economies and dubiously threatened to... Read More
President Donald Trump nudged the nation’s governors on Wednesday to get ready to reopen their economies and dubiously threatened to override them should they refuse, as the country’s coronavirus death toll continued to skyrocket. Speaking from the White House Rose... Read More
WASHINGTON - In an unprecedented move, President Donald Trump's name will be printed on the stimulus checks the Internal Revenue... Read More
WASHINGTON - In an unprecedented move, President Donald Trump's name will be printed on the stimulus checks the Internal Revenue Service is about to start sending to millions of Americans across the country. The inclusion of Trump's name was first... Read More
WASHINGTON — Despite the widespread hoarding of toilet paper, hand sanitizer and other items that continue to leave many store... Read More
WASHINGTON — Despite the widespread hoarding of toilet paper, hand sanitizer and other items that continue to leave many store shelves bare, U.S. retail sales plunged 8.7% in March, an unprecedented decline, the Commerce Department reported Wednesday. The deceleration of... Read More
WASHINGTON - The global economy will likely experience the worst recession since the 1930s as governments around the world fight... Read More
WASHINGTON - The global economy will likely experience the worst recession since the 1930s as governments around the world fight to end the coronavirus outbreak and restart their economies, the International Monetary Fund said Tuesday. The organization, which is headquartered... Read More
When the coronavirus started shutting down livestock markets, Darvin Bentlage knew his farm would take a hit. Springtime cattle sales... Read More
When the coronavirus started shutting down livestock markets, Darvin Bentlage knew his farm would take a hit. Springtime cattle sales usually bring in about a third of his ranching income, and cattle prices were already at a low, he said. ... Read More
The governors of California, Oregon and Washington announced Monday that they've come to an agreement on a shared vision for... Read More
The governors of California, Oregon and Washington announced Monday that they've come to an agreement on a shared vision for reopening their economies and controlling COVID-19 in the future. In a joint statement, Govs. Gavin Newsom, Kate Brown and Jay... Read More
WASHINGTON - House Majority Leader Steny Hoyer urged the National Governors Association Friday to direct its members to collect demographic... Read More
WASHINGTON - House Majority Leader Steny Hoyer urged the National Governors Association Friday to direct its members to collect demographic data on racial disparities and the coronavirus outbreak. Hoyer's request, directed to Govs. Larry Hogan, of Maryland, and Andrew Cuomo,... Read More
WASHINGTON - As Congress considers a fourth coronavirus relief package, it must include direct and flexible funding and resources to... Read More
WASHINGTON - As Congress considers a fourth coronavirus relief package, it must include direct and flexible funding and resources to counties of all sizes, the National Association of Counties said this week. In a lengthy letter sent to the leaders... Read More
WASHINGTON — The Trump administration agreed on Friday to pursue bipartisan talks with members of the House and Senate on... Read More
WASHINGTON — The Trump administration agreed on Friday to pursue bipartisan talks with members of the House and Senate on an interim bill to boost funding to the federal government's $350 million "Paycheck Protection" program. Senate Minority Leader Chuck Schumer... Read More
WASHINGTON - Treasury Secretary Steven Mnuchin said Thursday he believes the U.S. could reopen for business in May, following a... Read More
WASHINGTON - Treasury Secretary Steven Mnuchin said Thursday he believes the U.S. could reopen for business in May, following a near halt caused by the coronavirus outbreak. During an extended interview on CNBC's "Squawk on the Street" program, Mnuchin said... Read More
WASHINGTON — President Donald Trump on Tuesday summarily removed the inspector general who was tapped to chair a special oversight... Read More
WASHINGTON — President Donald Trump on Tuesday summarily removed the inspector general who was tapped to chair a special oversight board of the $2.2 trillion economic package intended to help businesses and individuals affected by the coronavirus. Glenn Fine, the... Read More
WASHINGTON - The U.S. economy lost 701,000 jobs in March as the coronavirus outbreak spread, ending more than a decade... Read More
WASHINGTON - The U.S. economy lost 701,000 jobs in March as the coronavirus outbreak spread, ending more than a decade of uninterrupted employment growth, the Bureau of Labor Statistics reported Friday. The bureau's monthly employment situation report attributed the shedding... Read More
WASHINGTON - The rating agency Moody's downgraded its outlook for non-bank mortgage lenders in the U.S. from "stable" to "negative"... Read More
WASHINGTON - The rating agency Moody's downgraded its outlook for non-bank mortgage lenders in the U.S. from "stable" to "negative" on Thursday, warning the industry faces "intense" liquidity problems due to the ongoing coronavirus outbreak. As previously reported in The... Read More
WASHINGTON (AP) — It may be an odd gesture at a time of social distancing, but President Donald Trump is... Read More
WASHINGTON (AP) — It may be an odd gesture at a time of social distancing, but President Donald Trump is leaning into his plea to Congress to restore full tax benefits prized by business for fine dining and schmoozing. Trump... Read More
WASHINGTON - More than 6.6 million Americans filed new claims for unemployment benefits last week, shattering the record number for... Read More
WASHINGTON - More than 6.6 million Americans filed new claims for unemployment benefits last week, shattering the record number for the second week in a row, the Labor Department announced Thursday. Last week, 3.3 million people filed jobless claims, meaning... Read More
WASHINGTON - Attorneys general nationwide are joining in urging companies that sell online to stop price-gougers trying to take advantage... Read More
WASHINGTON - Attorneys general nationwide are joining in urging companies that sell online to stop price-gougers trying to take advantage of consumers during the coronavirus pandemic. They are selling hand sanitizers, aerosol spray disinfectants, surgical masks and other devices designed to prevent... Read More
WASHINGTON - The Treasury Department provided some guidance Monday night on how it will award grants and loans to airlines... Read More
WASHINGTON - The Treasury Department provided some guidance Monday night on how it will award grants and loans to airlines affected by the coronavirus outbreak, urging them to apply for "payroll support" by Friday. The department said the resources it... Read More
WASHINGTON - Even before Congress had passed the third economic stimulus package of the coronavirus era on Friday, talk had... Read More
WASHINGTON - Even before Congress had passed the third economic stimulus package of the coronavirus era on Friday, talk had turned to what should be included in a currently hypothetical, but no less likely, fourth stimulus bill. Among the welcome... Read More
WASHINGTON - Presidential Donald Trump announced Sunday that federal social distancing guidelines that were set to expire March 30 will... Read More
WASHINGTON - Presidential Donald Trump announced Sunday that federal social distancing guidelines that were set to expire March 30 will be extended another month, this after aggressive lobbying by his coronavirus task force. In recent days President Trump has repeatedly... Read More
WASHINGTON - The U.S. House of Representatives passed a $2.2 trillion economic stimulus package in what had to be record... Read More
WASHINGTON - The U.S. House of Representatives passed a $2.2 trillion economic stimulus package in what had to be record time on Friday, speedily sending the bill on to the White House for the president's signature. “This will deliver urgently... Read More
WASHINGTON - Although it barely caused a ripple given the understandable focus on the worldwide coronavirus outbreak, a historic new... Read More
WASHINGTON - Although it barely caused a ripple given the understandable focus on the worldwide coronavirus outbreak, a historic new chapter in North American commerce began two weeks ago Friday, when Canada became the third and final country to ratify... Read More
WASHINGTON - U.S. unemployment claims reached a historic high of 3.28 million last week due to a wave of layoffs... Read More
WASHINGTON - U.S. unemployment claims reached a historic high of 3.28 million last week due to a wave of layoffs and business closures stemming from the coronavirus outbreak, the Labor Department reported Thursday. The figure shattered the previous record of... Read More
WASHINGTON (AP) — The Senate passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems... Read More
WASHINGTON (AP) — The Senate passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic. The unanimous vote Wednesday came despite misgivings on both sides about whether it goes too far... Read More
WASHINGTON (AP) — The White House and Senate leaders of both major political parties announced agreement early Wednesday on unprecedented... Read More
WASHINGTON (AP) — The White House and Senate leaders of both major political parties announced agreement early Wednesday on unprecedented emergency legislation to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic. The urgently... Read More
WASHINGTON - The Federal Communications Commission's Wireless Telecommunications Bureau has granted requests from AT&T and Verizon to use additional spectrum... Read More
WASHINGTON - The Federal Communications Commission's Wireless Telecommunications Bureau has granted requests from AT&T and Verizon to use additional spectrum to help meet escalating wireless demand during the coronavirus outbreak. AT&T has been granted authority to operate in the AWS-4... Read More
WASHINGTON -- All K-12 schools in Virginia will remain closed "at least" for the remainder of the current academic year,... Read More
WASHINGTON -- All K-12 schools in Virginia will remain closed "at least" for the remainder of the current academic year, and all restaurants must end dine-in service, Gov. Ralph Northam announced Monday. Northam announced the new measures as the number... Read More