Economy

Virus Fatigue is Risk as US Heads Into Fall, Ex-FDA Head Says
Health
Virus Fatigue is Risk as US Heads Into Fall, Ex-FDA Head Says

“Pandemic fatigue” is an additional risk as the U.S. heads into the fall and winter, when infectious diseases traditionally spread more readily, former Food and Drug Administration head Scott Gottlieb said. A coronavirus vaccine is unlikely to be available for... Read More

Mnuchin Says Trump is Pleased with How Recovery is Progressing
Economy
Mnuchin Says Trump is Pleased with How Recovery is Progressing

WASHINGTON — President Donald Trump “couldn’t be more pleased” with how the recovery is progressing but wants more stimulus to move ahead, said U.S. Treasury Secretary Steven Mnuchin, who called on Congress to pass a “targeted” bill. Third-quarter growth will... Read More

Big Problems for Smallest Great Lake: More Precipitation, Warmer Temperatures and Regulation Plan Upend Life Along Lake Ontario
Environment
Big Problems for Smallest Great Lake: More Precipitation, Warmer Temperatures and Regulation Plan Upend Life Along Lake Ontario

SODUS POINT, N.Y. — On Mother’s Day three years ago, Tom Frank was at his bayside restaurant, Captain Jack’s Good Time Tavern, when a brimming Lake Ontario surged onto the back patio. Water spilled across the wooden deck, a sun-soaked... Read More

US Unemployment Rate Falls to 8.4% Even as Hiring Slows
Economy
US Unemployment Rate Falls to 8.4% Even as Hiring Slows

WASHINGTON (AP) — The U.S. unemployment rate fell sharply in August to 8.4% from 10.2% even as hiring slowed, with employers adding the fewest jobs since the pandemic began. Employers added 1.4 million jobs, the Labor Department said, down from... Read More

US Firms Add Fewer Jobs Than Forecast in August, ADP Data Show
Employment
US Firms Add Fewer Jobs Than Forecast in August, ADP Data Show

U.S. companies added fewer jobs than expected in August, suggesting the labor market rebound remains gradual, with employment well below pre-pandemic levels. Businesses’ payrolls increased by 428,000 after an upwardly revised 212,000 in July, according to ADP Research Institute data... Read More

McConnell Raises Doubts on Congress Getting New Stimulus Done
Political News
McConnell Raises Doubts on Congress Getting New Stimulus Done

Senate Majority Leader Mitch McConnell expressed doubts about whether Congress can get a deal on another pandemic relief package when lawmakers return to Washington after a monthlong recess, despite the Trump administration’s push for a quick, targeted stimulus. “I don’t... Read More

Spanberger Urges House to Give Rural Electricity Providers Greater Peace of Mind
Congress
Spanberger Urges House to Give Rural Electricity Providers Greater Peace of Mind
2020-09-02 20:34:55
by Dan McCue

WASHINGTON - Rep. Abigail Spanberger, D-Va., wants to reduce the barriers currently preventing many Rural Utility Service borrowers from refinancing their debt to take advantage of lower market rates. Unlike most private lenders, the Rural Utility Service, a division of... Read More

After Labor Day, Senate Plans to Vote on ‘Skinny’ Coronavirus Stimulus Bill
Congress
After Labor Day, Senate Plans to Vote on ‘Skinny’ Coronavirus Stimulus Bill

Senate Republicans hope to vote next week on a so-called “skinny” coronavirus stimulus package even as the gap between the White House and Democrats remains as wide as ever. Sen. John Barrasso, R-Wyo., a close ally of Majority Leader Mitch... Read More

Congress Demands Treasury Department Monitor Coronavirus Bailout Money Better
Congress
Congress Demands Treasury Department Monitor Coronavirus Bailout Money Better
2020-09-01 21:40:47
by Tom Ramstack

WASHINGTON -- Members of Congress directed tough questions at the U.S. Treasury secretary Tuesday about fraud and abuse in the Trump administration’s coronavirus relief program. They said billions of dollars intended to protect jobs and family homes were being diverted... Read More

O'Halleran Launches Blue Dogs Virtual Rural Opportunity Roundtable Series
Congress
O'Halleran Launches Blue Dogs Virtual Rural Opportunity Roundtable Series
2020-09-01 17:06:34
by Dan McCue

Rep. Tom O'Halleran, D-Ariz., made a little history on Monday by launching the Blue Dog Democrats' first-ever virtual rural opportunity roundtable series. The discussion with local and tribal leaders focused on the effects of the COVID-19 crisis on rural and... Read More

Where Do Second Stimulus Checks Stand? Here’s What Top Democrats, Republicans Say
Congress
Where Do Second Stimulus Checks Stand? Here’s What Top Democrats, Republicans Say

A second round of coronavirus stimulus checks remains in limbo as August draws to a close without an agreement among lawmakers on a relief package. Talks about the relief package, which is expected to include stimulus checks, resumed last week,... Read More

Where Small Businesses Are Feeling the Most Pandemic Pain
Economy
Where Small Businesses Are Feeling the Most Pandemic Pain

In Austin, Texas, they’re expecting more closures. In New York, they’re struggling to pay the bills. In San Francisco, they worry that the old normal is never coming back. Small businesses are often described as the heart of the U.S.... Read More

Harris Mask Mandate Would Reinforce What 'Responsible People' Should Do
Political News
Harris Mask Mandate Would Reinforce What 'Responsible People' Should Do
2020-08-28 17:42:16
by Dan McCue

WASHINGTON - Democratic vice presidential candidate Sen. Kamala Harris said Friday that a nationwide mask mandate she and running mate Joe Biden have called for would simply reinforce the behavior of "responsible people who love our neighbors." "We have to... Read More

Powell’s Fed Shift Allows for Higher Employment and Inflation
Economy
Powell’s Fed Shift Allows for Higher Employment and Inflation

Federal Reserve Chair Jerome Powell unveiled a new approach to setting U.S. monetary policy, letting inflation and employment run higher in a shift that will likely keep interest rates low for years to come. Following a more than yearlong review,... Read More

DOJ Seeking Data on COVID-19 Nursing Home Deaths From Four States
Political News
DOJ Seeking Data on COVID-19 Nursing Home Deaths From Four States
2020-08-27 21:01:57
by Dan McCue

WASHINGTON - The Justice Department announced Wednesday it is seeking data from the governors of four states that issued orders "which may have resulted in the deaths of thousands of elderly nursing home residents." Officials said Wednesday afternoon that the... Read More

Haunted Houses Vie for Payroll Protection, Enhanced Coronavirus Relief
Economy
Haunted Houses Vie for Payroll Protection, Enhanced Coronavirus Relief
2020-08-25 21:29:34
by Dan McCue

WASHINGTON - A coalition of haunted house operators and others who offer "seasonal" and "location-based" entertainment are pressing Congress to change the Paycheck Protection Program so their industry can take advantage of it. They are also asking that their industry... Read More

Meadows Visits Capitol, Tries to Pressure Democrats on Stimulus
Political News
Meadows Visits Capitol, Tries to Pressure Democrats on Stimulus

White House Chief of Staff Mark Meadows returned to the U.S. Capitol on Saturday in a bid to pressure Democrats into accepting a slimmed-down economic stimulus bill after weeks of deadlock. The House has convened for a rare Saturday session... Read More

US Jobless Claims Increase to More Than 1 Million
Economy
US Jobless Claims Increase to More Than 1 Million

Applications for U.S. unemployment benefits unexpectedly increased last week, a stumble for the labor market in its long road to recovery. Initial jobless claims in regular state programs rose by 135,000 to more than 1.1 million in the week ended... Read More

Existing Home Sales Soar a Record 24.7% in July
Economy
Existing Home Sales Soar a Record 24.7% in July
2020-08-21 15:23:26
by Dan McCue

WASHINGTON - Sales of existing homes in the United States rose by an unprecedented 24.7% in July extending the summer rebound from the coronavirus after the global pandemic hammered the market in late winter and spring. The National Association of... Read More

114 House Democrats Push for Weekend Vote on Jobless Benefits Extension
Congress
114 House Democrats Push for Weekend Vote on Jobless Benefits Extension
2020-08-21 15:20:08
by Dan McCue

WASHINGTON - As the House convenes for a rare Saturday session, over 100 Democrats are urging Speaker Nancy Pelosi to open the floor to consideration of a bill to extend an emergency bonus to unemployment benefits due to the coronavirus... Read More

Blue Dogs Urge Leaders to Restart Coronavirus Relief Talks
Congress
Blue Dogs Urge Leaders to Restart Coronavirus Relief Talks
2020-08-21 15:16:15
by Dan McCue

WASHINGTON - The Blue Dog Coalition of House Democrats has begun circulating a letter they plan to send to leaders in the House and Senate, urging them to return to bargaining on a new coronavirus relief bill. Earlier this month,... Read More

Oregon To Start Handing Out $500 Stimulus Checks for the Unemployed This Week
State News
Oregon To Start Handing Out $500 Stimulus Checks for the Unemployed This Week
2020-08-20 19:39:57
by Sara Wilkerson

SALEM, Ore. - Starting this week, those who are unemployed in the state of Oregon can apply for a one-time $500 stimulus check on a first-come-first-served basis at select financial institutions. As many as 77,000 Oregon residents will be eligible... Read More

Senate GOP to Counter House’s Postal Bill with Broader Virus Aid Package
Political News
Senate GOP to Counter House’s Postal Bill with Broader Virus Aid Package

WASHINGTON — Senate Republicans are planning to roll out a “skinny” version of their eight-bill COVID-19 aid package with $10 billion added for the U.S. Postal Service as early as this week. The legislation will be composed of provisions that... Read More

‘I’ve Now Dipped Into the Pie.’ Will COVID-19 Change Americans’ Views of the Social Safety Net?
Economy
‘I’ve Now Dipped Into the Pie.’ Will COVID-19 Change Americans’ Views of the Social Safety Net?

LOS ANGELES — If you had posed the scenario to him as a hypothetical a few months ago — “Your company will be hemorrhaging cash, and you’ll turn to Uncle Sam for emergency funds” — Jim Brady would’ve confidently dismissed... Read More

Critics Question CARES Act Spending in Some States
In The News
Critics Question CARES Act Spending in Some States

WASHINGTON — Even as governors ask Congress for more pandemic relief money and more leeway to spend it, critics say some states are pushing the legal limits of how previous emergency federal aid can be spent. South Dakota auditors are... Read More

US Economic Hole Remains Deep Despite Jobless Claims Milestone
Economy
US Economic Hole Remains Deep Despite Jobless Claims Milestone

The number of Americans applying for unemployment benefits fell below 1 million for the first time since the pandemic began in March, a milestone that underscores both the depth of economic damage and long road to recovery from the sharpest... Read More

Standoff on US Virus Relief Package Leaves Damage All Around
Economy
Standoff on US Virus Relief Package Leaves Damage All Around

There were plenty of casualties left in the rubble of failed negotiations on another trillion-dollar-plus rescue package for a U.S. economy mired in a historic, pandemic-induced recession. Worst hit are the families, businesses, and state and local governments that have... Read More

Nearly Half The World’s Movie Theaters Are Back in Operation, New Data Finds
Arts
Nearly Half The World’s Movie Theaters Are Back in Operation, New Data Finds
2020-08-10 20:09:06
by Sara Wilkerson

Despite renewed concerns over a summer resurgence of the coronavirus, nearly half of the world’s movie theaters are back in operation, according to new data from the United Kingdom’s Gower Street Analytics. Gower Street, a film tech company that provides... Read More

States Wary of Trump’s Move for Them to Kick in on Federal Aid
Economy
States Wary of Trump’s Move for Them to Kick in on Federal Aid

A day after President Donald Trump took executive action to offer $400 per week in supplemental unemployment benefits, including 25% he said should be kicked in from state coffers, governors are pushing back. The leaders of states including New York... Read More

Trump Aides Struggle to Defend His Pandemic Relief Orders as US Cases Reach 5 million
Economy
Trump Aides Struggle to Defend His Pandemic Relief Orders as US Cases Reach 5 million

WASHINGTON — As the United States surpassed 5 million confirmed coronavirus cases, President Trump’s senior aides on Sunday defended his handling of intertwined economic and public health crises, declaring that Democrats would bear the blame for millions of Americans’ financial... Read More

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