Economy

Biden Reframes His Goal on Reopening of Elementary Schools
Education
Biden Reframes His Goal on Reopening of Elementary Schools

MILWAUKEE (AP) — President Joe Biden is promising a majority of elementary schools will be open five days a week by the end of his first 100 days in office, restating his goal after his administration came under fire when... Read More

Biden Extends Ban on Housing Foreclosures
White House
Biden Extends Ban on Housing Foreclosures
2021-02-16 15:39:59
by TWN Staff

President Joe Biden is extending a ban on housing foreclosures to June 30 to help homeowners struggling during the coronavirus pandemic. The moratorium on foreclosures of federally guaranteed mortgages had been set to expire on March 31. On his first... Read More

Vaccine Delays Leave Grocery Workers Feeling Expendable
Health
Vaccine Delays Leave Grocery Workers Feeling Expendable

As panicked Americans cleared supermarkets of toilet paper and food last spring, grocery employees gained recognition as among the most indispensable of the pandemic's front-line workers.A year later, most of those workers are waiting their turn to receive COVID-19 vaccines,... Read More

Black-Owned Businesses Lack Resources Amid Pandemic
Business
Black-Owned Businesses Lack Resources Amid Pandemic
2021-02-12 21:16:10
by Victoria Turner

The pandemic has made clear that broadband access goes hand-in-hand with economic opportunity, exposing the inequities and lack of resources for black-owned businesses across the country, according to Commissioner Geoffrey Starks of the Federal Communications Commission. Since the onset of... Read More

Democrats Pushing Biden's COVID-19 Bill Through House Panels
Congress
Democrats Pushing Biden's COVID-19 Bill Through House Panels

WASHINGTON (AP) — Democrats pushed half of President Joe Biden's $1.9 trillion COVID-19 relief plan through a House committee Thursday, advancing $1,400 payments for millions of Americans and other initiatives that Republicans call too costly, economically damaging and brazenly partisan.The... Read More

Pappas Leads Bipartisan Call For Support for New Hampshire’s Seacoast
Congress
Pappas Leads Bipartisan Call For Support for New Hampshire’s Seacoast
2021-02-11 19:39:32
by TWN Staff

WASHINGTON - Rep. Chris Pappas, D-N.H., led a group of 10 lawmakers this week in a bipartisan call for $100 million in funding for the National Sea Grant College Program in the next COVID relief package. Since the beginning of... Read More

Biden's First Official Trip Will Be to Wisconsin for CNN Town Hall
Political News
Biden's First Official Trip Will Be to Wisconsin for CNN Town Hall
2021-02-10 21:08:45
by TWN Staff

President Joe Biden will visit Wisconsin next week for his first official trip as president, participating in a TV town hall from Milwaukee. Biden will take questions at a socially-distanced, invitation-only event hosted by CNN next Tuesday night, according to... Read More

House Ways and Means Committee Begins Mark Up of COVID Relief Bill
Congress
House Ways and Means Committee Begins Mark Up of COVID Relief Bill
2021-02-10 16:47:30
by Dan McCue

WASHINGTON - The House Ways and Means Committee is meeting Wednesday to mark up sweeping COVID-19 legislation that the panel's chairman, Rep. Richard Neal, of Massachusetts, says will enable Americans from all walks of life to better confront the lingering... Read More

Lockdowns Weigh on German Beer Sales, Hurt Small Brewers
International
Lockdowns Weigh on German Beer Sales, Hurt Small Brewers

COLOGNE, Germany (AP) — Bars have been closed for more than three months, Carnival celebrations are canceled, and it's not clear when things will get better in Germany. That has left the boss of Brauerei Heller, an organic brewery in... Read More

Virus Dims Carnival Joy and Commerce on a New Orleans Street
Cities
Virus Dims Carnival Joy and Commerce on a New Orleans Street

NEW ORLEANS (AP) — During last year's Carnival season, tourists at the Elysian Fields Inn gathered over breakfast to talk about parades from the night before. At NOLA Art Bar, they sipped cocktails and watched a parade go by. At... Read More

Biden Pitches COVID Relief Proposal to Business Leaders
White House
Biden Pitches COVID Relief Proposal to Business Leaders
2021-02-09 21:35:59
by TWN Staff

WASHINGTON - President Joe Biden invited a select group of business leaders to the White House Tuesday afternoon to hear their thoughts and hopefully garner their support for his $1.9 trillion COVID relief plan. Sitting with his back to the... Read More

Around the Globe, Virus Cancels Spring Travel for Millions
Economy
Around the Globe, Virus Cancels Spring Travel for Millions

FRANKFURT, Germany (AP) — They are the annual journeys of late winter and early spring: Factory workers in China heading home for the Lunar New Year; American college students going on road trips and hitting the beach over spring break;... Read More

Watchdog Warns Biden COVID Relief Plan Comes with Potential Risks
Economy
Watchdog Warns Biden COVID Relief Plan Comes with Potential Risks
2021-02-05 17:52:58
by Victoria Turner

The new administration’s $1.9 trillion relief plan could potentially lead to longer-term risks of increased public debt, higher inflation, overvaluing of products, an economic crash and dependence on future stimulus funding, according to the Committee for a Responsible Federal Budget.... Read More

New Report Promotes ‘Quiet Climate’ Policies and Job Creation in Post COVID World
Think Tanks
New Report Promotes ‘Quiet Climate’ Policies and Job Creation in Post COVID World
2021-02-05 17:48:16
by Sara Wilkerson

A new report from the Breakthrough Institute, an environmental research center based in California, outlines how Congress can effectively tackle climate change while creating millions of jobs in the process. The report aims to prioritize specific climate change policy goals... Read More

Biden Meets with House Democrats in Push for $1.9T Plan
Economy
Biden Meets with House Democrats in Push for $1.9T Plan

WASHINGTON (AP) — President Joe Biden met Friday with leading House Democrats who aim to put his $1.9 trillion coronavirus relief package on a fast track to becoming law, drawing on new signs of strain in the economy to push... Read More

Businesses Face Hard Decisions on Whether, When to Hire
Economy
Businesses Face Hard Decisions on Whether, When to Hire

NEW YORK (AP) — As the U.S. economy undergoes an uneven recovery from the virus pandemic, many small business owners face a tough decision on whether and when to take on employees. The pandemic forced Meghan Gardner to let go... Read More

Stuck in DC, Biden Team Pitches Rest of US on Big Virus Aid
Political News
Stuck in DC, Biden Team Pitches Rest of US on Big Virus Aid

WASHINGTON (AP) — Even as President Joe Biden gathers with senators and works the phones with Capitol Hill to push for a $1.9 trillion COVID-19 relief package, his team is increasingly focused on selling the plan directly to voters. His administration... Read More

Biden Discussing COVID-19 Aid with Dems, Wants Fast Action
Economy
Biden Discussing COVID-19 Aid with Dems, Wants Fast Action

WASHINGTON (AP) — President Joe Biden panned a Republican alternative to his $1.9 trillion COVID rescue plan as insufficient as Senate Democrats pushed ahead, voting to launch a process that could approve his sweeping rescue package on their own, if Republicans refuse... Read More

New Study Shows State of Charitable Giving During COVID-19 Pandemic
Charitable Giving
New Study Shows State of Charitable Giving During COVID-19 Pandemic
2021-02-02 19:52:38
by Sara Wilkerson

A new study from DealAid.org shows that over 70% of Americans have made a donation to charitable organizations in 2020, a near 10% increase from those who donated to charities in 2019. Over 1,100 Americans were surveyed to determine how... Read More

Biden Meets Republicans on Virus Aid, but No Quick Deal
Political News
Biden Meets Republicans on Virus Aid, but No Quick Deal

WASHINGTON (AP) — President Joe Biden told Republican senators during a two-hour meeting he's unwilling to settle on an insufficient coronavirus aid package after they pitched their slimmed down $618 billion proposal that's a fraction of the $1.9 trillion he is... Read More

Pelosi, Schumer Move Budget Resolution, Paving Way for COVID Relief Passage Via Reconciliation
Congress
Pelosi, Schumer Move Budget Resolution, Paving Way for COVID Relief Passage Via Reconciliation
2021-02-01 21:15:36
by Dan McCue

WASHINGTON - House Speaker Nancy Pelosi and Senate Majority Leader Charles Schumer filed a joint budget resolution Monday, paving the way to enabling Democrats to pass President Joe Biden's $1.9 trillion COVID Relief Package without a single Republican vote. The... Read More

CBO Report Says US Economy to Return to Pre-Pandemic Levels by Mid-2021
Economy
CBO Report Says US Economy to Return to Pre-Pandemic Levels by Mid-2021
2021-02-01 20:59:56
by Victoria Turner

WASHINGTON - The Congressional Budget Office estimates that the U.S. economy will return to its pre-pandemic level by mid-2021, but employment levels will not fully return to normalcy until 2024. The nonpartisan federal agency that provides budget and economic analyses... Read More

Fight The Man: What GameStop's Surge Says About Online Mobs
Wall Street
Fight The Man: What GameStop's Surge Says About Online Mobs

It's a fable for our times: Small-time investors band together to take down greedy Wall Street hedge funds using the stock of a troubled video-game store. But the revolt of online stock-traders suggests much more. The internet is shifting society’s balance of... Read More

Biden to Meet with GOP Lawmakers to Discuss Virus Relief
White House
Biden to Meet with GOP Lawmakers to Discuss Virus Relief

WASHINGTON (AP) — President Joe Biden is set to meet Monday with a group of 10 Republican senators who have proposed spending about one-third of the $1.9 trillion he is seeking in coronavirus aid, though congressional Democrats are poised to move... Read More

US Consumer Spending Fell 0.2% in December in Face of Virus
Economy
US Consumer Spending Fell 0.2% in December in Face of Virus

WASHINGTON (AP) — U.S. consumers slowed their spending by 0.2% in December, cutting back for a second straight month in a worrisome sign for an economy struggling under the weight of a still out-of-control pandemic. The decline reported Friday by... Read More

Democrats to 'Act Big' on $1.9T Aid; GOP Wants Plan Split
Economy
Democrats to 'Act Big' on $1.9T Aid; GOP Wants Plan Split

WASHINGTON (AP) — Democrats in Congress and the White House have rejected a Republican pitch to split President Joe Biden's $1.9 trillion COVID-19 rescue plan into smaller chunks, with lawmakers appearing primed to muscle the sweeping economic and virus aid forward without... Read More

Biden Says He's ‘Bringing Back the Pros’ for Virus Briefings
Health
Biden Says He's ‘Bringing Back the Pros’ for Virus Briefings

WASHINGTON (AP) — For nearly a year it was the Trump show. Now President Joe Biden is calling up the nation’s top scientists and public health experts to regularly brief the American public about the pandemic that has claimed more than 425,000... Read More

Biden’s Buy American Order Gets Mixed Industry Reaction
Economy
Biden’s Buy American Order Gets Mixed Industry Reaction
2021-01-26 20:24:03
by Tom Ramstack

WASHINGTON -- President Joe Biden’s executive order Monday to boost American manufacturing is receiving a warm welcome from some major industry associations but words of caution from U.S. trade partners. The order requires federal agencies to purchase more of their... Read More

Janet Yellen Wins Senate Approval as Treasury Secretary
Treasury
Janet Yellen Wins Senate Approval as Treasury Secretary

WASHINGTON (AP) — The Senate on Monday approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th treasury secretary, making her the first woman to hold the job in the department's 232-year history. Yellen, a former chair... Read More

White House Begins Talks with Lawmakers on COVID-19 Relief
Economy
White House Begins Talks with Lawmakers on COVID-19 Relief

WASHINGTON (AP) — Top aides to President Joe Biden have begun talks with a group of moderate Senate Republicans and Democrats on a $1.9 trillion coronavirus relief package as Biden faces increasing headwinds in his effort to win bipartisan backing... Read More

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