Economy

Kudlow Says Extra Jobless Payments Will End as Planned in July
Economy
Kudlow Says Extra Jobless Payments Will End as Planned in July

The $600-a-week bonus payments made to some Americans laid off during the coronavirus pandemic will end as planned in July, said White House economic director Larry Kudlow. Congress in March approved the extra money on top of state unemployment payments... Read More

Joe Biden Introduces Plan to Restart Economy
2020 Elections
Joe Biden Introduces Plan to Restart Economy

PHILADELPHIA — Joe Biden stopped at the Enterprise Center in West Philadelphia Thursday to debut an eight-part plan for reopening the country safely. “Trump has had a one-point plan — open business. Just open them,” Biden said. “It does nothing... Read More

Americans Say They Struggle to Get Information They Can Trust During Pandemic
Opinion Polls
Americans Say They Struggle to Get Information They Can Trust During Pandemic
2020-06-11 15:20:32
by Sara Wilkerson

Since the onset of the coronavirus pandemic in February, Americans have struggled to find information they believe they can trust on the rate of infection, the death rate and what they should be doing to protect themselves, a new Gallup/Knight... Read More

Majority of Americans Cautious Concerning Return to Normalcy
Opinion Polls
Majority of Americans Cautious Concerning Return to Normalcy
2020-06-11 15:05:53
by Reece Nations

WASHINGTON – As state governors continue to roll back restrictions on gatherings and business brought on by the COVID-19 pandemic, a new Gallup survey indicates at least two-thirds of Americans want to meet specific conditions before they are willing to... Read More

Trump’s 2020 Path Gets Trickier With Tag as ‘Recession’ President
2020 Elections
Trump’s 2020 Path Gets Trickier With Tag as ‘Recession’ President

President Donald Trump faces a new obstacle to his case for reelection: The U.S. is now officially in recession. The “recession” label made official Monday cements the pain many voters are already feeling from the economy — and will feed... Read More

Senate Told That Fraudsters Prey on Pandemic Victims
In The News
Senate Told That Fraudsters Prey on Pandemic Victims
2020-06-10 17:47:03
by Tom Ramstack

WASHINGTON - Federal law enforcement officials pledged a vigorous crackdown Tuesday during a Senate hearing on fraudsters who are trying to make easy money off vulnerable people during the coronavirus pandemic. They accused con artists of selling fake vaccines and... Read More

CBO Says Pandemic Shaved $3.9 Trillion Off US Economy, Slow Down Will Linger
Economy
CBO Says Pandemic Shaved $3.9 Trillion Off US Economy, Slow Down Will Linger
2020-06-09 21:11:39
by Dan McCue

WASHINGTON - The coronavirus pandemic shaved roughly $3.9 trillion from the U.S. economy and will likely prevent the nation's quarterly growth rate from climbing above zero percent through the end of 2021, the nonpartisan Congressional Budget Office said Tuesday. The... Read More

US Officially Entered ‘Unprecedented’ Recession in February
Economy
US Officially Entered ‘Unprecedented’ Recession in February

The U.S. entered an “unprecedented” recession in February as job growth and production began grinding to a halt because of the coronavirus pandemic, a trade group said Monday, ending the country’s longest economic boom on record. The National Bureau of... Read More

Local Governments Tested by Challenges on Multiple Fronts
Cities
Local Governments Tested by Challenges on Multiple Fronts
2020-06-08 13:32:41
by Kate Michael

WASHINGTON - The year 2020 will no doubt be remembered as the year when crisis and turmoil took center stage not just in the U.S., but around the world. From a global pandemic, to upheavals in the economy to social... Read More

Dems Urge Congress To Create “Robust” Recovery Plan For Clean Energy
Health
Dems Urge Congress To Create “Robust” Recovery Plan For Clean Energy
2020-06-05 14:44:20
by Gaspard Le Dem

WASHINGTON - A group of lawmakers in the House and Senate urged congressional leaders on Wednesday to support the clean energy sector in future coronavirus stimulus legislation. In a letter signed by 57 members -- all Democrats or independents --... Read More

Unemployment Rate Falls to 13.3%, Economy Adds 2.5 Million Jobs in May
Employment
Unemployment Rate Falls to 13.3%, Economy Adds 2.5 Million Jobs in May
2020-06-05 13:56:58
by Dan McCue

WASHINGTON - U.S. employers added 2.5 million jobs in May as businesses began to reopen following months of closures ordered at the outset of the coronavirus pandemic. The uptick in hiring dropped the unemployment rate to 13.3%, the Labor Department... Read More

Tester, IAVA Detail Economic and Emotional Toll Coronavirus Taking On U.S. Veterans
Veterans
Tester, IAVA Detail Economic and Emotional Toll Coronavirus Taking On U.S. Veterans
2020-06-04 21:14:05
by Gaspard Le Dem

As the U.S. struggles to fight off a lingering coronavirus pandemic, the full impact of the crisis on the lives of Americans is just starting to come into view. But for the veteran community -- as for many other groups... Read More

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