Associated Press
Latest Stories (411)
AP source: Biden taps ex-Fed chair Yellen to lead treasury
Nov 23, 2020
Yellen, who is widely admired in the financial world, would be the first woman to lead the Treasury Department.
Mnuchin rejects renewal of some Fed emergency loan programs
Nov 19, 2020
Mnuchin said that he is requesting that the Fed return to Treasury the unused funds appropriated by Congress for operation of the programs.
Unemployment claims increase as pandemic worsens
Nov 19, 2020
It's the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy.
Retail sales grew a slower-than-expected 0.3% in October
Nov 17, 2020
Retail sales growth slowed even as retailers offered early holiday discounts online and in stores.
Top central bankers: Economy needs help despite vaccine news
Nov 13, 2020
U.S. Federal Reserve Chair Jerome Powell said Congress “may need to do more” to cushion the blow from the pandemic.
Unemployment claims, still high, fall to lowest level since March
Nov 12, 2020
The figures coincide with a sharp resurgence in confirmed viral infections to an all-time high above 120,000 a day.
EU files antitrust charges against Amazon over use of data
Nov 10, 2020
The EU’s executive commission accuses Amazon of using data to gain an unfair advantage over merchants using its platform.
Stocks surge on vaccine news, Biden victory
Nov 9, 2020
Markets were already sharply higher when Pfizer said that data shows vaccine shots may be 90% effective at preventing COVID-19.
Biden wins White House, vowing new direction for divided U.S.
Nov 7, 2020
Kamala Harris makes history as the first woman and the first person of color vice president-elect.
Unemployment drops to 6.9% and U.S. adds 638,000 jobs
Nov 6, 2020
Eight months after the virus struck, the U.S. economy still has recovered barely half the that were lost to the pandemic.