Associated Press
Latest Stories (411)
Justice Dept. files landmark antitrust lawsuit against Google
Oct 20, 2020
It could be an opening salvo ahead of other major government antitrust actions, given ongoing investigations of Apple, Amazon and Facebook.
Awash in red ink: U.S. posts record $3.1T 2020 budget deficit
Oct 16, 2020
The federal deficit for 2020 was three times the size of last year’s deficit. It was the government’s largest annual shortfall in dollar terms.
Weekly unemployment claims inch up to 898,000
Oct 15, 2020
It's another week of evidence that layoffs remain a hindrance to the economy’s recovery.
2 Americans win Nobel prize in economics for auction theory
Oct 12, 2020
Americans Paul R. Milgrom and Robert B. Wilson won the Nobel Prize in economics on Monday for “improvements to auction theory and inventions of new auction formats.”
White House ups offer in virus aid before talks with Pelosi
Oct 9, 2020
House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin resumed negotiations on a new stimulus package Friday afternoon.
Pelosi ‘at the table’ even after Trump scrapped virus talks
Oct 8, 2020
“Lives are at stake,” Pelosi said at the Capitol. “This is deadly serious.”
Layoffs are still way up as 840,000 seek unemployment aid
Oct 8, 2020
The latest sign of a flagging recovery comes two days after President Donald Trump cut off talks over a new rescue aid package.
Stocks rise as Trump tweets on stimulus keep market spinning
Oct 7, 2020
The president appeared to backtrack on his earlier decision to halt talks with Democrats over a new stimulus package.
President Trump calls off stimulus talks, stocks take a dive
Oct 6, 2020
The comments from the president came just hours after Federal Reserve Chair Jerome Powell urged Congress to come through with more aid.
Fed’s Powell: Lack of further stimulus imperils recovery
Oct 6, 2020
Powell said that government support has so far prevented a recessionary “downward spiral."