American Airlines Is Planning Boeing 737 Max Tours as Ungrounding Nears
Business
American Airlines Is Planning Boeing 737 Max Tours as Ungrounding Nears

American Airlines wants to give tours of Boeing 737 Max aircraft at DFW International Airport and other locations before the beleaguered jets return to the skies more than 18 months of being grounded. The Fort Worth-based airline, the second-largest U.S. owner of 737 Max jets, told employees at... Read More

Airlines Face Winter Survival Test After Virus Slows Rebound
Business
Airlines Face Winter Survival Test After Virus Slows Rebound

The resurgent Covid-19 pandemic is pushing back the recovery in air travel, turning winter into a survival test for carriers now pinning hopes on a spring rebound. Airlines are urging governments to introduce more testing and travel bubbles to help... Read More

Fed's Bostic Cautions That US Economic Recovery is Very Uneven
Economy
Fed's Bostic Cautions That US Economic Recovery is Very Uneven

Some parts of the U.S. economy are coming back strongly while others are still struggling because of the coronavirus pandemic, said Federal Reserve Bank of Atlanta President Raphael Bostic. "In some segments the economy is recovering and rebounding in a very robust way," Bostic said... Read More

US Recovery Doesn’t Depend on a Stimulus Deal, Kudlow Says
Economy
US Recovery Doesn’t Depend on a Stimulus Deal, Kudlow Says

A fiscal stimulus deal isn’t essential to the U.S. recovery from the coronavirus pandemic, though the Trump administration and Congressional Democrats will keep talking, White House economic adviser Larry Kudlow said. “Well no, I don’t think it’s dead at all,”... Read More

Vice Presidential Debate Features Fiery Exchanges But Civil Behavior
2020 Elections
Vice Presidential Debate Features Fiery Exchanges But Civil Behavior

SALT LAKE CITY — Vice President Mike Pence struggled to get the Trump campaign back on track Wednesday in a heated but disciplined debate with Sen. Kamala Harris that contrasted sharply with the chaotic clash last week between the presidential... Read More

In Wisconsin, Trump’s Economic Edge is Blunted by COVID
2020 Elections
In Wisconsin, Trump’s Economic Edge is Blunted by COVID

OSHKOSH, Wis. — Shawn Quella can quickly rattle off a litany of economic challenges in his home state: the spike in unemployment this spring as the coronavirus spread, the favorite restaurants that have shut down, local retailers that struggle to... Read More

US Jobless Claims Remain Elevated in Sign of Gradual Recovery
Employment
US Jobless Claims Remain Elevated in Sign of Gradual Recovery

Applications for U.S. unemployment benefits were little changed last week, contrasting with estimates for a decline and highlighting an economic recovery that’s coming in fits and starts. Initial jobless claims in regular state programs increased by 4,000 to 870,000 in... Read More

Fixing Unemployment Insurance for Better Economic Recovery
Economy
Fixing Unemployment Insurance for Better Economic Recovery
2020-09-18 19:05:44
by Kate Michael

WASHINGTON — Emergency expansions to Unemployment Insurance provided critical support to workers across the country during the early months of the pandemic. But the major component of these expansions, an additional $600 in weekly benefits, expired at the end of... Read More

Trump Ditches ‘Law and Order’ for the Economy in New TV Ad Blitz
Political News
Trump Ditches ‘Law and Order’ for the Economy in New TV Ad Blitz

WASHINGTON — Just weeks after a Republican National Convention dominated by calls for “law and order,” President Donald Trump’s campaign has returned to an almost exclusively economic message in its advertising. It’s the latest strategic pivot by the Trump campaign,... Read More

House Republican Campaign Platform Promises a Rebuild from Current Circumstances
Political News
House Republican Campaign Platform Promises a Rebuild from Current Circumstances

WASHINGTON — Less than two months before the November election, House Republicans on Tuesday revealed their agenda, which aims to combat the COVID-19 pandemic, rebuild the economy and increase funding for the police. The House GOP’s “Commitment to America” outlines... Read More

Biden to Unveil Offshoring Plan as Trump’s Edge on Economy Dims
2020 Elections
Biden to Unveil Offshoring Plan as Trump’s Edge on Economy Dims

WASHINGTON — Democratic presidential nominee Joe Biden is launching a new push on economic issues as polls show voters beginning to trust his approach to reversing the job losses and manufacturing contraction brought on by the coronavirus pandemic. Biden opens... 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

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

Think Tank Sees Keeping Economy Tied to COVID-19 Key to Defeating Trump in November
2020 Elections
Think Tank Sees Keeping Economy Tied to COVID-19 Key to Defeating Trump in November
2020-08-28 19:57:53
by Dan McCue

WASHINGTON - Though former Vice President Joe Biden continues to ride high in polls after two weeks of political conventions, the key to defeating President Donald Trump in November will be in the focus on how a booming U.S. economy... 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

Delta Conducting Mass COVID-19 Testing, Providing Pay Protection for Employees Going Forward
Employment
Delta Conducting Mass COVID-19 Testing, Providing Pay Protection for Employees Going Forward
2020-08-26 21:03:15
by Reece Nations

ATLANTA – In cooperation with the Mayo Clinic, Delta Air Lines is implementing a widespread COVID-19 testing program for its employees to fortify the safety of passengers and personnel. The partnership between Delta and the Mayo Clinic has been on-going... 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

Fed’s Kashkari Urges Congress to Act, Suggests Fresh Lockdown
Economy
Fed’s Kashkari Urges Congress to Act, Suggests Fresh Lockdown

The surging U.S. savings rate means the country can afford to support Americans laid off due to the coronavirus pandemic, while a “hard” lockdown could deliver a faster economic recovery, a senior Federal Reserve official said on Sunday. Federal Reserve... Read More

Postal Service, Treasury Reach Deal on $10 Billion Pandemic Relief Loan
In The News
Postal Service, Treasury Reach Deal on $10 Billion Pandemic Relief Loan
2020-07-30 14:12:52
by Dan McCue

WASHINGTON - Nearly four months after Congress approved a $10 billion loan for the struggling U.S. Postal Service as part of the CARES Act, the service and the Treasury Department have struck a deal on the terms of the loan.... Read More

Biden Lays Out Plan to Address Racial Injustice, Slams Trump
2020 Elections
Biden Lays Out Plan to Address Racial Injustice, Slams Trump

Joe Biden on Tuesday unveiled plans for addressing systemic racism that has put Black people and other nonwhite communities at an economic disadvantage, promising “bold, practical investments” to rebuild as the country struggles with the impact of the COVID-19 pandemic... Read More

Permanent Closings Possible as UK Arts Sector Faces Ongoing Crisis
Arts
Permanent Closings Possible as UK Arts Sector Faces Ongoing Crisis
2020-07-28 20:36:24
by Sara Wilkerson

As the United Kingdom sets out its plan of guiding and supporting its arts industry amid the pandemic, the sector remains in a state of crisis as freelancers in the British theatre sector consider leaving the profession and theatres face... Read More

As $600-a-Week Benefit Nears End, White House Suggests Short-Term Unemployment Bill
Economy
As $600-a-Week Benefit Nears End, White House Suggests Short-Term Unemployment Bill

WASHINGTON — With a $600-a-week unemployment benefit expiring this week, senior White House aides continued to suggest Sunday that a jobless benefit that was too generous would discourage people from going back to work. The officials said a short-term stopgap... Read More

Senate Confronts China Threat to Beat Out U.S. Economy
Geopolitics
Senate Confronts China Threat to Beat Out U.S. Economy
2020-07-23 20:25:35
by Tom Ramstack

WASHINGTON - The U.S. Senate tried to figure out a response Wednesday to a trade war with China that is taking on new urgency during the coronavirus pandemic. Republican and Democratic senators identified Chinese computer hackers and patent thieves as... Read More

What Happens to the US Economy if the $600 Federal Unemployment Benefit Ends?
Economy
What Happens to the US Economy if the $600 Federal Unemployment Benefit Ends?

WASHINGTON — When the COVID-19 pandemic first drove the country into lockdown and tens of millions of workers lost their jobs, Congress voted to add $600 a week to whatever individual states paid in unemployment insurance. That extra money was... Read More

Senate Republicans, White House Near Agreement on Coronavirus Relief Package
Political News
Senate Republicans, White House Near Agreement on Coronavirus Relief Package

WASHINGTON — Senate Republicans and the Trump administration expect to unveil their COVID-19 relief plan Thursday after reaching agreement on key pieces late Wednesday. That package will no longer be one bill but a series of bills addressing the ongoing... Read More

Biden Calls for Overhauling the Nation’s Caregiving System to Boost the Economy
2020 Elections
Biden Calls for Overhauling the Nation’s Caregiving System to Boost the Economy

Joe Biden proposed on Tuesday a $775 billion overhaul of the nation’s caregiving system, efforts that he argued will create 3 million jobs while freeing up millions of people — largely women and people of color — to enter the... Read More

Trump, Congress Square Off Over Virus Aid as Crisis Worsens
Political News
Trump, Congress Square Off Over Virus Aid as Crisis Worsens

WASHINGTON (AP) — President Donald Trump acknowledged a “big flareup” of COVID-19 cases, but divisions between the White House and Senate Republicans and differences with Democrats posed fresh challenges for a new federal aid package with the U.S. crisis worsening and emergency... Read More

Poll: Pandemic Hurting Americans' Finances in Disparate Ways
Economy
Poll: Pandemic Hurting Americans' Finances in Disparate Ways

BURTON, Mich. (AP) — Crystal and Chris Martin put off some payments on their home in this blue-collar town near Flint and are pinching pennies to make ends meet until they return to work. In Windsor, Connecticut, Anne Druce's family... 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

Biden to Call for Moderate Approach to Reviving US Economy
2020 Elections
Biden to Call for Moderate Approach to Reviving US Economy

WASHINGTON — Joe Biden will call for a moderate approach toward reviving the U.S. economy if elected president that includes spurring manufacturing and encouraging innovation, shelving for now the more ambitious proposals pushed by progressive Democrats, people familiar with his... Read More

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