Business & Economy
Associated Press/Photo by Matt Slocum

States debate reopening

by Rachel Lynn Aldrich
Posted 4/21/20, 11:36 am

Despite thousands gathering for the country’s largest anti-shutdown protest at the state Capitol in Harrisburg, Pa., Gov. Tom Wolf, a Democrat, said he is extending the state’s stay-at-home order through May 8. But a few states have announced plans to get back to work. Dr. Anthony Fauci, the top U.S.

Read more

Associated Press/Photo by Nam Y. Huh

Millions of Americans unemployed

by Rachel Lynn Aldrich
Posted 4/16/20, 11:06 am

Job losses stemming from the COVID-19 pandemic have reached beyond restaurants, retail, and entertainment, which were the first to suffer from mandatory closures. The government’s most recent figures showed 5.2 million people applied for unemployment benefits last week.

Read more

Associated Press/Photo by Gregory Bull

Fed tries CPR on flatlining economy

by Lynde Langdon
Posted 4/10/20, 11:47 am

The U.S. central bank hopes trillions of dollars in new loans will keep American businesses afloat until the COVID-19 pandemic ends. The Federal Reserve took steps Thursday to pump $2.3 trillion into the economy by buying municipal bonds, making loans to medium-sized businesses, and other similar actions.

Read more