Economy

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

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