Powell says inflation, though elevated, will likely moderate
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months" before “moderating."
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 8 MONTHS AGO
Powell says inflation, though elevated, will likely moderate
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months" before “moderating."
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 8 MONTHS AGO
Powell says inflation, though elevated, will likely moderate
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months" before “moderating."
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 8 MONTHS AGO
AP FACT CHECK: Biden distorts bipartisan infrastructure deal
WASHINGTON (AP) — President Joe Biden overstated the expected employment gains Tuesday in
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
AP FACT CHECK: Biden distorts bipartisan infrastructure deal
WASHINGTON (AP) — President Joe Biden overstated the expected employment gains Tuesday in
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
AP FACT CHECK: Biden distorts bipartisan infrastructure deal
WASHINGTON (AP) — President Joe Biden overstated the expected employment gains Tuesday in
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 9 MONTHS AGO
AP FACT CHECK: House GOP falsely blames Biden for gas prices
WASHINGTON (AP) — Heading into the Memorial Day travel weekend, House Republican leader Kevin McCarthy and other members of his party are falsely blaming
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
AP FACT CHECK: House GOP falsely blames Biden for gas prices
WASHINGTON (AP) — Heading into the Memorial Day travel weekend, House Republican leader Kevin McCarthy and other members of his party are falsely blaming
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
AP FACT CHECK: House GOP falsely blames Biden for gas prices
WASHINGTON (AP) — Heading into the Memorial Day travel weekend, House Republican leader Kevin McCarthy and other members of his party are falsely blaming
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
AP FACT CHECK: Hyperbole from Biden, GOP on state of economy
WASHINGTON (AP) — President Joe Biden and House Republicans alike are revising history when asserting that the new administration set records in U.S. job creation — either the best ever or among the worst, depending on the vantage point. The truth is in between.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
AP FACT CHECK: Hyperbole from Biden, GOP on state of economy
WASHINGTON (AP) — President Joe Biden and House Republicans alike are revising history when asserting that the new administration set records in U.S. job creation — either the best ever or among the worst, depending on the vantage point. The truth is in between.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
AP FACT CHECK: Hyperbole from Biden, GOP on state of economy
WASHINGTON (AP) — President Joe Biden and House Republicans alike are revising history when asserting that the new administration set records in U.S. job creation — either the best ever or among the worst, depending on the vantage point. The truth is in between.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
AP FACT CHECK: Hyperbole from Biden, GOP on state of economy
WASHINGTON (AP) — President Joe Biden and House Republicans alike are revising history when asserting that the new administration set records in U.S. job creation — either the best ever or among the worst, depending on the vantage point. The truth is in between.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 10 MONTHS AGO
AP FACT CHECK: Biden hails record job growth, skips caveats
WASHINGTON (AP) — Taking a page from his predecessor's boastful ways, President Joe Biden is claiming credit for two months of record job creation as employers bring back many workers sidelined by the pandemic. Though his numbers are right, it's a misleading portrait.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
AP FACT CHECK: Biden hails record job growth, skips caveats
WASHINGTON (AP) — Taking a page from his predecessor's boastful ways, President Joe Biden is claiming credit for two months of record job creation as employers bring back many workers sidelined by the pandemic. Though his numbers are right, it's a misleading portrait.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
AP FACT CHECK: Biden hails record job growth, skips caveats
WASHINGTON (AP) — Taking a page from his predecessor's boastful ways, President Joe Biden is claiming credit for two months of record job creation as employers bring back many workers sidelined by the pandemic. Though his numbers are right, it's a misleading portrait.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
AP FACT CHECK: Biden hails record job growth, skips caveats
WASHINGTON (AP) — Taking a page from his predecessor's boastful ways, President Joe Biden is claiming credit for two months of record job creation as employers bring back many workers sidelined by the pandemic. Though his numbers are right, it's a misleading portrait.
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 11 MONTHS AGO
AP FACT CHECK: Biden's job inflation on infrastructure
WASHINGTON (AP) — President Joe Biden and his team have offered a vastly inflated projection of how many jobs his infrastructure plan would create, an account his press secretary corrected Tuesday. Biden has also drifted beyond the facts when dismissing the potential downsides of the tax increases needed to pay …
COLUMBIA BASIN HERALD | UPDATED 3 YEARS, 12 MONTHS AGO
Yellen calls for minimum global corporate income tax
WASHINGTON (AP) — U.S. Treasury Secretary Janet Yellen on Monday urged the adoption of a minimum global corporate income tax, an effort to at least partially offset any disadvantages that might arise from the Biden administration's proposed increase in the U.S. corporate tax rate.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
AP FACT CHECK: Biden's job inflation on infrastructure
WASHINGTON (AP) — President Joe Biden and his team have offered a vastly inflated projection of how many jobs his infrastructure plan would create, an account his press secretary corrected Tuesday. Biden has also drifted beyond the facts when dismissing the potential downsides of the tax increases needed to pay …
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
AP FACT CHECK: Biden's job inflation on infrastructure
WASHINGTON (AP) — President Joe Biden and his team have offered a vastly inflated projection of how many jobs his infrastructure plan would create, an account his press secretary corrected Tuesday. Biden has also drifted beyond the facts when dismissing the potential downsides of the tax increases needed to pay …
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Yellen calls for minimum global corporate income tax
WASHINGTON (AP) — U.S. Treasury Secretary Janet Yellen on Monday urged the adoption of a minimum global corporate income tax, an effort to at least partially offset any disadvantages that might arise from the Biden administration's proposed increase in the U.S. corporate tax rate.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Yellen calls for minimum global corporate income tax
WASHINGTON (AP) — U.S. Treasury Secretary Janet Yellen on Monday urged the adoption of a minimum global corporate income tax, an effort to at least partially offset any disadvantages that might arise from the Biden administration's proposed increase in the U.S. corporate tax rate.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Yellen sees room for US to borrow, opens door to tax hike
WASHINGTON (AP) — Treasury Secretary Janet Yellen believes the U.S. government has more room to borrow, but said higher taxes would likely be required in the long run to finance future spending increases.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Yellen sees room for US to borrow, opens door to tax hike
WASHINGTON (AP) — Treasury Secretary Janet Yellen believes the U.S. government has more room to borrow, but said higher taxes would likely be required in the long run to finance future spending increases.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Fed expects to keep its key rate near zero through 2023
WASHINGTON (AP) — The Federal Reserve foresees the economy accelerating quickly this year yet still expects to keep its benchmark interest rate pinned near zero through 2023, despite concerns in financial markets about potentially higher inflation.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Fed expects to keep its key rate near zero through 2023
WASHINGTON (AP) — The Federal Reserve foresees the economy accelerating quickly this year yet still expects to keep its benchmark interest rate pinned near zero through 2023, despite concerns in financial markets about potentially higher inflation.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
Fed expects to keep its key rate near zero through 2023
WASHINGTON (AP) — The Federal Reserve foresees the economy accelerating quickly this year yet still expects to keep its benchmark interest rate pinned near zero through 2023, despite concerns in financial markets about potentially higher inflation.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS AGO
AP FACT CHECK: Biden’s fuzzy math on 1 million new auto jobs
DETROIT (AP) — Casting his climate policy as a jobs plan, President Joe Biden left out important context and used fuzzy math when he announced
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
AP FACT CHECK: Biden’s fuzzy math on 1 million new auto jobs
DETROIT (AP) — Casting his climate policy as a jobs plan, President Joe Biden left out important context and used fuzzy math when he announced
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
AP FACT CHECK: Biden’s fuzzy math on 1 million new auto jobs
DETROIT (AP) — Casting his climate policy as a jobs plan, President Joe Biden left out important context and used fuzzy math when he announced
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
AP FACT CHECK: Biden’s fuzzy math on 1 million new auto jobs
DETROIT (AP) — Casting his climate policy as a jobs plan, President Joe Biden left out important context and used fuzzy math when he announced
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
Biden inherits damaged economy, with signs of hope emerging
WASHINGTON (AP) — President Joe Biden has inherited a badly damaged economy pulverized by the pandemic, with 10 million fewer jobs than a year ago and as many as one in 6 small businesses shut down.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
Biden inherits damaged economy, with signs of hope emerging
WASHINGTON (AP) — President Joe Biden has inherited a badly damaged economy pulverized by the pandemic, with 10 million fewer jobs than a year ago and as many as one in 6 small businesses shut down.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
Biden inherits damaged economy, with signs of hope emerging
WASHINGTON (AP) — President Joe Biden has inherited a badly damaged economy pulverized by the pandemic, with 10 million fewer jobs than a year ago and as many as one in 6 small businesses shut down.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
AP FACT CHECK: Trump's fiction in his goodbye to Washington
WASHINGTON (AP) — In his final remarks as president, Donald Trump tried to take credit for accomplishments of his predecessor and even those to come under President Joe Biden.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
AP FACT CHECK: Trump's fiction in his goodbye to Washington
WASHINGTON (AP) — In his final remarks as president, Donald Trump tried to take credit for accomplishments of his predecessor and even those to come under President Joe Biden.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
AP FACT CHECK: Trump's farewell falsehoods
On his way out, President Donald Trump claimed credit for things he didn't do and twisted his record on jobs, taxes, the pandemic and much more. Falsehoods suffused his farewell remarks to the country.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
AP FACT CHECK: Trump's farewell falsehoods
On his way out, President Donald Trump claimed credit for things he didn't do and twisted his record on jobs, taxes, the pandemic and much more. Falsehoods suffused his farewell remarks to the country.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
Powell signals Fed will keep aiding economy with bond buying
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell sought Thursday to tamp down any concerns that the Fed might soon withdraw some of its support for the U.S. economy and stressed that any such pullback would be signaled far in advance.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
US unemployment claims jump to 965,000 as virus takes toll
WASHINGTON (AP) — The number of people seeking unemployment aid soared last week to 965,000, the most since late August and a sign that the resurgent virus has likely escalated layoffs.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
Job openings down in most industries, while layoffs spike
WASHINGTON (AP) — Layoffs spiked in November compared with the previous month and the number of job openings slipped, signaling that the job market has stalled as the resurgent coronavirus has brought about another wave shutdowns of restaurants and bars and hobbled consumer spending.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
Job openings down in most industries, while layoffs spike
WASHINGTON (AP) — Layoffs spiked in November compared with the previous month and the number of job openings slipped, signaling that the job market has stalled as the resurgent coronavirus has brought about another wave shutdowns of restaurants and bars and hobbled consumer spending.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
Once again, job losses fall unequally across the US economy
WASHINGTON (AP) — Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses — an unusual and harsh feature of the pandemic recession that flattened the economy last spring.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
Once again, job losses fall unequally across the US economy
WASHINGTON (AP) — Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses — an unusual and harsh feature of the pandemic recession that flattened the economy last spring.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
US loses 140,000 jobs, first monthly drop since spring
WASHINGTON (AP) — U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
Once again, job losses fall unequally across the US economy
WASHINGTON (AP) — Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses — an unusual and harsh feature of the pandemic recession that flattened the economy last spring.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
US loses 140,000 jobs, first monthly drop since spring
WASHINGTON (AP) — U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
US loses 140,000 jobs, first monthly drop since spring
WASHINGTON (AP) — U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
US loses 140,000 jobs, first monthly loss since spring
WASHINGTON (AP) — U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
US unemployment claims slip to still-high 787,000
WASHINGTON (AP) — The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
Hiring likely weakened in December amid resurgent virus
WASHINGTON (AP) — America's employers likely cut back again on hiring last month — and might even have shed jobs — with the economy under pressure from a resurgent virus that has led many consumers to reduce spending and states and cities to reimpose business restrictions.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
Hiring likely weakened in December amid resurgent virus
WASHINGTON (AP) — America's employers likely cut back again on hiring last month — and might even have shed jobs — with the economy under pressure from a resurgent virus that has led many consumers to reduce spending and states and cities to reimpose business restrictions.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 2 MONTHS AGO
US unemployment claims slip to still-high 787,000
WASHINGTON (AP) — The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
US home prices rise at fastest pace in more than 6 years
WASHINGTON (AP) — U.S. home prices jumped in October by the most in more than six years as a pandemic-fueled buying rush drives the number of available properties for sale to record lows.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Trump's hesitation on relief bill will delay aid payments
WASHINGTON (AP) — The $900 billion economic relief package that President Donald Trump
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
US home prices rise at fastest pace in more than 6 years
WASHINGTON (AP) — U.S. home prices jumped in October by the most in more than six years as a pandemic-fueled buying rush drives the number of available properties for sale to record lows.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Trump's hesitation on relief bill will delay aid payments
WASHINGTON (AP) — The $900 billion economic relief package that President Donald Trump
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Trump's hesitation on relief bill will delay aid payments
WASHINGTON (AP) — The $900 billion economic relief package that President Donald Trump
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
'We are struggling': A bleak Christmas for America's jobless
NEW YORK (AP) — Last Christmas, Shanita Matthews cooked up a feast for her family of three: Roast chicken, barbecue spareribs, spinach, macaroni and cheese.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
'We are struggling': A bleak Christmas for America's jobless
NEW YORK (AP) — Last Christmas, Shanita Matthews cooked up a feast for her family of three: Roast chicken, barbecue spareribs, spinach, macaroni and cheese.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
'We are struggling': A bleak Christmas for America's jobless
NEW YORK (AP) — Last Christmas, Shanita Matthews cooked up a feast for her family of three: Roast chicken, barbecue spareribs, spinach, macaroni and cheese.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
'We are struggling': A bleak Christmas for America's jobless
NEW YORK (AP) — Last Christmas, Shanita Matthews cooked up a feast for her family of three: Roast chicken, barbecue spareribs, spinach, macaroni and cheese.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Congress' rescue aid: A dose of support, but is it enough?
WASHINGTON (AP) — The $900 billion economic relief package that emerged from Congress over the weekend will deliver vital aid to millions of households and businesses that have struggled for months to survive. Yet with the economy still in the grip of a pandemic that has increasingly tightened curbs on …
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Congress' rescue aid: A dose of support, but is it enough?
WASHINGTON (AP) — The $900 billion economic relief package that emerged from Congress over the weekend will deliver vital aid to millions of households and businesses that have struggled for months to survive. Yet with the economy still in the grip of a pandemic that has increasingly tightened curbs on …
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Fight over Fed powers stalls $900 billion aid plan
WASHINGTON (AP) — An arcane battle over emergency Federal Reserve powers foiled efforts on Saturday to lock down an agreement on an almost $1 trillion COVID-19 economic relief package. The deadlock was just the latest stumble in a partisan, months-long fight over pandemic relief and the lack of progress is …
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Fight over Fed powers stalls $900 billion aid plan
WASHINGTON (AP) — An arcane battle over emergency Federal Reserve powers foiled efforts on Saturday to lock down an agreement on an almost $1 trillion COVID-19 economic relief package. The deadlock was just the latest stumble in a partisan, months-long fight over pandemic relief and the lack of progress is …
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Deal on Fed removes obstacle to agreement on virus aid bill
WASHINGTON (AP) — Top congressional lawmakers struck a late-night agreement on the last major obstacle to a COVID-19 economic relief package costing nearly $1 trillion, clearing the way for votes as early as Sunday.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Deal on Fed removes obstacle to agreement on COVID relief
WASHINGTON (AP) — Top congressional lawmakers struck a late-night agreement on the last major obstacle to a COVID-19 economic relief package costing nearly $1 trillion, clearing the way for votes as early as Sunday.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Fight over Fed powers stalls $900 billion aid plan
WASHINGTON (AP) — An arcane battle over emergency Federal Reserve powers foiled efforts on Saturday to lock down an agreement on an almost $1 trillion COVID-19 economic relief package. The deadlock was just the latest stumble in a partisan, months-long fight over pandemic relief and the lack of progress is …
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Fed keeps rate near zero but sees brighter economy in 2021
WASHINGTON (AP) — The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress — a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Fed keeps rate near zero but sees brighter economy in 2021
WASHINGTON (AP) — The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress — a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Fed to weigh further options for aiding US economy in peril
WASHINGTON (AP) — The Federal Reserve's policymakers face an unusual conundrum as they meet this week: A short-term economic outlook that is worsening even while the longer-term picture is brightening thanks to the emergence of coronavirus vaccines.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Fed to weigh further options for aiding US economy in peril
WASHINGTON (AP) — The Federal Reserve's policymakers face an unusual conundrum as they meet this week: A short-term economic outlook that is worsening even while the longer-term picture is brightening thanks to the emergence of coronavirus vaccines.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Across US and Europe, pandemic's grip on economies tightens
WASHINGTON (AP) — The worsening of the viral pandemic across the United States and Europe is threatening their economies and intensifying pressure on governments and central banks on both continents to intervene aggressively.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
Across US and Europe, pandemic's grip on economies tightens
WASHINGTON (AP) — The worsening of the viral pandemic across the United States and Europe is threatening their economies and intensifying pressure on governments and central banks on both continents to intervene aggressively.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
US jobless claims jump to 853,000 amid resurgence of virus
WASHINGTON (AP) — The number of people applying for unemployment aid jumped last week to 853,000, the most since September, evidence that companies are cutting more jobs as new virus cases spiral higher.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 3 MONTHS AGO
US credit card balances fall, though overall borrowing rises
WASHINGTON (AP) — U.S. consumers took out more auto and student loans in October, but cut back on credit card borrowing, a sign that they remain cautious about spending amid a spike in virus cases.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
US credit card balances fall, though overall borrowing rises
WASHINGTON (AP) — U.S. consumers took out more auto and student loans in October, but cut back on credit card borrowing, a sign that they remain cautious about spending amid a spike in virus cases.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
A bleak outlook for millions facing cutoff of US jobless aid
INDIANAPOLIS (AP) — Tina Morton recently faced a choice: Pay bills — or buy a birthday gift for a child? Derrisa Green is falling further behind on rent. Sylvia Soliz has had her electricity cut off.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
A bleak outlook for millions facing cutoff of US jobless aid
INDIANAPOLIS (AP) — Tina Morton recently faced a choice: Pay bills — or buy a birthday gift for a child? Derrisa Green is falling further behind on rent. Sylvia Soliz has had her electricity cut off.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Gripped by surging pandemic, US employers cut back on hiring
WASHINGTON (AP) — With the viral pandemic accelerating across the country, America’s employers sharply scaled back their hiring last month, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
A bleak outlook for millions facing cutoff of US jobless aid
INDIANAPOLIS (AP) — Tina Morton recently faced a choice: Pay bills — or buy a birthday gift for a child? Derrisa Green is falling further behind on rent. Sylvia Soliz has had her electricity cut off.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Gripped by surging pandemic, US employers cut back on hiring
WASHINGTON (AP) — With the viral pandemic accelerating across the country, America’s employers sharply scaled back their hiring last month, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Gripped by surging pandemic, US employers cut back on hiring
WASHINGTON (AP) — With the viral pandemic accelerating across the country, America’s employers sharply scaled back their hiring last month, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
US hiring slows sharply to 245,000 jobs as virus intensifies
WASHINGTON (AP) — America’s employers sharply scaled back their hiring last month as the viral pandemic accelerated across the country, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Jobs report will show how much pandemic is squeezing hiring
WASHINGTON (AP) — Friday's monthly U.S. jobs report will help answer a key question overhanging the economy: Just how much damage is being caused by the resurgent coronavirus, the resulting curbs on businesses and the reluctance of consumers to shop, travel and dine out?
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Senate confirms Christopher Waller to serve on Fed's board
WASHINGTON (AP) — The Senate on Thursday narrowly confirmed the nomination of Christopher Waller for the Federal Reserve's Board of Governors, placing another of President Donald Trump's picks on the Fed's influential board after a string of high-profile rejections.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Jobs report will show how much pandemic is squeezing hiring
WASHINGTON (AP) — Friday's monthly U.S. jobs report will help answer a key question overhanging the economy: Just how much damage is being caused by the resurgent coronavirus, the resulting curbs on businesses and the reluctance of consumers to shop, travel and dine out?
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Senate confirms Christopher Waller to serve on Fed's board
WASHINGTON (AP) — The Senate on Thursday narrowly confirmed the nomination of Christopher Waller for the Federal Reserve's Board of Governors, placing another of President Donald Trump's picks on the Fed's influential board after a string of high-profile rejections.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Biden names liberal econ team as pandemic threatens workers
WILMINGTON, Del. (AP) — With unemployment still high and the pandemic threatening yet another economic slump, President-elect Joe Biden is assembling a team of liberal advisers who have long focused on the nation’s workers and government efforts to address economic inequality.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Biden names liberal econ team as pandemic threatens workers
WILMINGTON, Del. (AP) — With unemployment still high and the pandemic threatening yet another economic slump, President-elect Joe Biden is assembling a team of liberal advisers who have long focused on the nation’s workers and government efforts to address economic inequality.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
US home price gains accelerate as pandemic shakes up housing
WASHINGTON (AP) — U.S. home prices jumped in September as strong demand, low interest rates and the smallest number of available homes on record combined to push up housing costs.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
US home price gains accelerate as pandemic shakes up housing
WASHINGTON (AP) — U.S. home prices jumped in September as strong demand, low interest rates and the smallest number of available homes on record combined to push up housing costs.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Awaiting Yellen at Treasury: Yet another daunting crisis
WASHINGTON (AP) — Janet Yellen is in line for another top economic policy job — just in time to confront yet another crisis.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Awaiting Yellen at Treasury: Yet another daunting crisis
WASHINGTON (AP) — Janet Yellen is in line for another top economic policy job — just in time to confront yet another crisis.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
AP source: Biden taps ex-Fed chair Yellen to lead treasury
WASHINGTON (AP) — President-elect Joe Biden has chosen former Federal Reserve Chair Janet Yellen to serve as treasury secretary, a pivotal role in which she would help shape and direct his economic policies at a perilous time, according to a person familiar with the transition plans.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Mnuchin denies trying to limit Biden's economic options
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied on Friday that he is attempting to limit President-elect Joe Biden's options for reviving the pandemic-damaged economy by ending several emergency loan programs being run by the Federal Reserve.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Retailers brace as virus bears down on consumers and economy
WASHINGTON (AP) — LaTonya Story is every retailer’s worst fear.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Mnuchin rejects renewal of some Fed emergency loan programs
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Thursday he will not extend several emergency loan programs set up with the Federal Reserve, an action that could hamper the ability of the incoming Biden administration to gain important economic support from the central bank to deal with the ongoing pandemic.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Biden says he's decided on treasury secretary nomination
WASHINGTON (AP) — President-elect Joe Biden said Thursday that he has decided whom to nominate as his secretary of the Treasury Department.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Mnuchin denies trying to limit Biden's economic options
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied on Friday that he is attempting to limit President-elect Joe Biden's options for reviving the pandemic-damaged economy by ending several emergency loan programs being run by the Federal Reserve.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Retailers brace as virus bears down on consumers and economy
WASHINGTON (AP) — LaTonya Story is every retailer’s worst fear.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Retailers brace as virus bears down on consumers and economy
WASHINGTON (AP) — LaTonya Story is every retailer’s worst fear.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Mnuchin rejects renewal of some Fed emergency loan programs
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Thursday he will not extend several emergency loan programs set up with the Federal Reserve, an action that could hamper the ability of the incoming Biden administration to gain important economic support from the central bank to deal with the ongoing pandemic.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Biden says he's decided on treasury secretary nomination
WASHINGTON (AP) — President-elect Joe Biden said Thursday that he has decided whom to nominate as his secretary of the Treasury Department.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Mnuchin denies trying to limit Biden's economic options
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied on Friday that he is attempting to limit President-elect Joe Biden's options for reviving the pandemic-damaged economy by ending several emergency loan programs being run by the Federal Reserve.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Mnuchin denies trying to limit Biden's economic options
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied on Friday that he is attempting to limit President-elect Joe Biden's options for reviving the pandemic-damaged economy by ending several emergency loan programs being run by the Federal Reserve.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Mnuchin denies trying to hinder incoming administration
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied that he is attempting to limit the choices President-elect Joe Biden will have to promote an economic recovery by ending several emergency loan programs being run by the Federal Reserve.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Mnuchin denies he's trying to hinder incoming administration
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin denied that he is attempting to limit the choices President-elect Joe Biden will have to promote an economic recovery by ending several emergency loan programs being run by the Federal Reserve.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Mnuchin rejects renewal of some Fed emergency loan programs
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Thursday he will not extend several emergency loan programs set up with the Federal Reserve, an action that could hamper the ability of the incoming Biden administration to gain important economic support from the central bank to deal with the ongoing pandemic.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Biden says he's decided on treasury secretary nomination
WASHINGTON (AP) — President-elect Joe Biden said Thursday that he has decided whom to nominate as his secretary of the Treasury Department.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
US jobless claims rise to 742,000; millions to lose aid
WASHINGTON (AP) — The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Biden says he's decided on treasury secretary nomination
WASHINGTON (AP) — President-elect Joe Biden said Thursday that he has decided whom to nominate as his secretary of the Treasury Department.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Mnuchin rejects renewal of some Fed emergency loan programs
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Thursday he will not extend several emergency loan programs set up with the Federal Reserve, an action that could hamper the ability of the incoming Biden administration to gain important economic support from the central bank to deal with the ongoing pandemic.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
US jobless claims rise to 742,000; millions to lose aid
WASHINGTON (AP) — The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
US jobless claims increase to 742,000 as pandemic worsens
WASHINGTON (AP) — The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Controversial Fed nominee Shelton stalls in Senate test vote
WASHINGTON (AP) — The nomination of Judy Shelton, President Donald Trump's controversial pick for the Federal Reserve, is stalled in the Senate after Vice President-elect Kamala Harris returned to the chamber to cast a key vote in a tally Tuesday.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Controversial Fed nominee Shelton stalls in Senate test vote
WASHINGTON (AP) — The nomination of Judy Shelton, President Donald Trump's controversial pick for the Federal Reserve, is stalled in the Senate after Vice President-elect Kamala Harris returned to the chamber to cast a key vote in a tally Tuesday.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Fed's Brainard urges greater diversity in field of economics
WASHINGTON (AP) — A Federal Reserve official widely considered a front-runner to be tapped as President-elect Joe Biden's Treasury Secretary is urging universities and government agencies to make the field of economics more inclusive.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Fed's Powell says surge in virus cases threatens US economy
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the nationwide surge in confirmed coronavirus could slow the economy in the months ahead by discouraging consumers from spending.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Controversial Fed nominee Shelton stalls in Senate test vote
WASHINGTON (AP) — The nomination of Judy Shelton, President Donald Trump's controversial pick for the Federal Reserve, is stalled in the Senate after Vice President-elect Kamala Harris returned to the chamber to cast a key vote in a tally Tuesday.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Fed's Powell says surge in virus cases threatens US economy
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the nationwide surge in confirmed coronavirus could slow the economy in the months ahead by discouraging consumers from spending.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Fed's Powell says virus spike threatens U.S. economy
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that the nationwide surge in confirmed coronavirus could slow the economy in the months ahead by discouraging consumers from spending.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Controversial Fed nominee Shelton faces razor-thin vote
WASHINGTON (AP) — Judy Shelton, President Donald Trump's controversial nominee to the Federal Reserve, faces a razor-thin confirmation tally on Tuesday as the Republican-controlled Senate continues to focus its energies in the lame-duck session on confirming Trump's appointees.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Fed's Brainard urges greater diversity in field of economics
WASHINGTON (AP) — A Federal Reserve official widely considered a front-runner to be tapped as President-elect Joe Biden's Treasury Secretary is urging universities and government agencies to make the field of economics more inclusive.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
709,000 seek US jobless aid as pandemic escalates
WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits fell last week to 709,000, a still-high level but the lowest figure since March and a further sign that the job market might be slowly healing.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Senate likely to vote on controversial Fed pick next week
WASHINGTON (AP) — President Donald Trump's unorthodox choice for the Federal Reserve Board of Governors, Judy Shelton, could be approved by the Senate next week, Majority Leader Mitch McConnell's office said Thursday.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Senate likely to vote on controversial Fed pick next week
WASHINGTON (AP) — President Donald Trump's unorthodox choice for the Federal Reserve Board of Governors, Judy Shelton, could be approved by the Senate next week, Majority Leader Mitch McConnell's office said Thursday.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
709,000 seek US jobless aid as pandemic escalates
WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits fell last week to 709,000, a still-high level but the lowest figure since March and a further sign that the job market might be slowly healing.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Hiring held last month but signs of caution as virus worsens
WASHINGTON (AP) — Defying fears of another slowdown, U.S. businesses kept hiring at a solid pace in October, yet there are signs they remain cautious about the economy's future as the pandemic worsens.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 4 MONTHS AGO
Hiring held last month but signs of caution as virus worsens
WASHINGTON (AP) — Defying fears of another slowdown, U.S. businesses kept hiring at a solid pace in October, yet there are signs they remain cautious about the economy's future as the pandemic worsens.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
Hiring held last month but signs of caution as virus worsens
WASHINGTON (AP) — Defying fears of another slowdown, U.S. businesses kept hiring at a solid pace in October, yet there are signs they remain cautious about the economy's future as the pandemic worsens.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
Hiring held last month but signs of caution as virus worsens
WASHINGTON (AP) — Defying fears of another slowdown, U.S. businesses kept hiring at a solid pace in October, yet there are signs they remain cautious about the economy's future as the pandemic worsens.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
Unemployment drops to 6.9% and US adds a solid 638,000 jobs
WASHINGTON (AP) — The U.S. job market showed a surprising burst of strength in October, with employers adding 638,000 jobs and the unemployment rate tumbling to 6.9%. Still, the pace of hiring isn’t robust enough to rapidly soak up the millions of Americans who were thrown out of work by …
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
US hiring likely slowed for a 4th month as virus resurges
WASHINGTON (AP) — U.S. employers may have slowed their hiring in October for a fourth straight month with confirmed viral cases reaching record levels and the loss of government aid deepening the hardships for many.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
US hiring likely slowed for a 4th month as virus resurges
WASHINGTON (AP) — U.S. employers may have slowed their hiring in October for a fourth straight month with confirmed viral cases reaching record levels and the loss of government aid deepening the hardships for many.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
Federal Reserve expands Main Street program to smaller firms
WASHINGTON (AP) — The Federal Reserve will reduce the minimum loan level in its small business lending program and waive some fees to try to boost participation in a program that has so far provided little assistance to struggling companies.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
US wages and benefits grow at sluggish pace amid pandemic
WASHINGTON (AP) — Wages and benefits for U.S. workers grew slowly this summer as employers sought to hold the line on pay gains in the midst of the pandemic.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
Federal Reserve expands Main Street program to smaller firms
WASHINGTON (AP) — The Federal Reserve will reduce the minimum loan level in its small business lending program and waive some fees to try to boost participation in a program that has so far provided little assistance to struggling companies.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
US wages and benefits grow at sluggish pace amid pandemic
WASHINGTON (AP) — Wages and benefits for U.S. workers grew slowly this summer as employers sought to hold the line on pay gains in the midst of the pandemic.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
Federal Reserve expands Main Street program to smaller firms
WASHINGTON (AP) — The Federal Reserve will reduce the minimum loan level in its small business lending program and waive some fees to try to boost participation in a program that has so far provided little assistance to struggling companies.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
US wages and benefits grow at sluggish pace amid pandemic
WASHINGTON (AP) — Wages and benefits for U.S. workers grew slowly this summer as employers sought to hold the line on pay gains in the midst of the pandemic.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
Federal Reserve expands Main Street program to smaller firms
WASHINGTON (AP) — The Federal Reserve will reduce the minimum loan level in its small business lending program and waive some fees to try to boost participation in a program that has so far provided little assistance to struggling companies.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
US wages and benefits grow at sluggish pace amid pandemic
WASHINGTON (AP) — Wages and benefits for U.S. workers grew slowly this summer as employers sought to hold the line on pay gains in the midst of the pandemic.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
Jobless claims fall to 751,000, but new infections a threat
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it's still historically high and indicates the viral pandemic is forcing many employers to cut jobs.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
Jobless claims fall to 751,000, but new infections a threat
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it's still historically high and indicates the viral pandemic is forcing many employers to cut jobs.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
US jobless claims aid fall to 751,000, virus resurges
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it's still historically high and indicates the viral pandemic is still forcing many employers to cut jobs.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
US jobless claims drop to 787,000, but layoffs remain high
WASHINGTON (AP) — The number of laid-off Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
US jobless claims drop to 787,000, but layoffs remain high
WASHINGTON (AP) — The number of laid-off Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
US jobless claims likely remain high as layoffs persist
WASHINGTON (AP) — The government will provide its latest picture Thursday of the pace of job cuts in the United States, which remain elevated with the viral pandemic still impeding the economy seven months after it first erupted.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
US jobless claims rise to 898,000 with layoffs still high
WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week by the most in two months, to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
US jobless claims rise to 898,000 with layoffs still high
WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week by the most in two months, to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
US layoffs remain elevated as 898,000 seek jobless aid
WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession that erupted seven months ago.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
US jobless claims likely remain high as layoffs persist
WASHINGTON (AP) — The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.
COLUMBIA BASIN HERALD | UPDATED 4 YEARS, 5 MONTHS AGO
US adds 1.8 million jobs in a sign that hiring has weakened
The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is slowing hiring and the economic rebound
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 8 MONTHS AGO
Layoffs stuck at high level as 1.3 million seek jobless aid
Total number of people who are receiving jobless benefits dropped 700,000 to 18 million
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 9 MONTHS AGO
Hiring soared in May as mass layoffs eased
It wasn’t nearly enough to offset the roughly 19 million layoffs in March and April
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 9 MONTHS AGO
US unemployment falls to 11%, but new shutdowns are underway
The U.S. government says unemployment fell to 11.1% in June as the economy added a solid 4.8 million jobs
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 9 MONTHS AGO
1.5 million more laid-off workers seek unemployment benefits
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 9 MONTHS AGO
Fed to keep buying bonds and sees no rate hike through 2022
The Federal Reserve says it will keep buying bonds to maintain low borrowing rates and support the U.S. economy in the midst of a recession
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 10 MONTHS AGO
A US recession began in February in the face of coronavirus
The U.S. economy entered a recession in February, a group of economists declared Monday, ending more than a decade of steady if slow growth
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 10 MONTHS AGO
U.S. layoffs surged to record high of 11.4 million in March
U.S. layoffs soared in March to a record high of 11.4 million after state and local governments closed restaurants, bars, movie theaters and other nonessential businesses as the viral outbreak intensified
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 10 MONTHS AGO
Jobless rate spikes to 14.7%, highest since Great Depression
The U.S. unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 11 MONTHS AGO
33 million have sought US unemployment aid since virus hit
Nearly 3.2 million laid-off workers applied for unemployment benefits last week as the business shutdowns caused by the viral outbreak deepened the worst U.S. economic catastrophe in decades
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 11 MONTHS AGO
US home prices rose before viral outbreak shut economy
U
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 11 MONTHS AGO
US job losses mount as economic pain deepens worldwide
The ranks of Americans thrown out of work by the coronavirus have ballooned to at least 22 million
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 11 MONTHS AGO
Record 16.8 million have sought US jobless aid since virus
More than one in 10 workers have lost their jobs in just the past three weeks
COEUR D'ALENE PRESS | UPDATED 4 YEARS, 12 MONTHS AGO
US sheds most jobs in a decade, ending record hiring streak
The job loss of 701,000 reported Friday by the government — the worst since the depths of the Great Recession in 2009 — is still just a small indication of what’s to come
COEUR D'ALENE PRESS | UPDATED 5 YEARS AGO
Some employers to laid-off staffers: Let's stay in touch
As millions of job cuts tear through the U.S. economy, a faint glimmer of light has emerged: Some employers are trying to maintain ties to the staffers they're letting go so they can more quickly rehire them once the viral outbreak has passed.
BONNER COUNTY DAILY BEE | UPDATED 5 YEARS AGO
Fed steps in once again to try to smooth out lending markets
WASHINGTON (AP) — The Federal Reserve is intervening once again to try to smooth out the world's lending markets, this time by lending dollars to other central banks in exchange for Treasurys.
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
Fed steps in once again to try to smooth out lending markets
WASHINGTON (AP) — The Federal Reserve is intervening once again to try to smooth out the world's lending markets, this time by lending dollars to other central banks in exchange for Treasurys.
COEUR D'ALENE PRESS | UPDATED 5 YEARS AGO
Fed steps in once again to try to smooth out lending markets
WASHINGTON (AP) — The Federal Reserve is intervening once again to try to smooth out the world's lending markets, this time by lending dollars to other central banks in exchange for Treasurys.
BONNER COUNTY DAILY BEE | UPDATED 5 YEARS AGO
3.3 million seek US jobless aid, nearly 5 times earlier high
WASHINGTON (AP) — Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus.
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
Q&A: How can the huge congressional aid package help you?
WASHINGTON (AP) — Congress is poised to approve an unprecedented $2.2 trillion economic rescue package that will provide one-time checks for most Americans and significant enhancements to unemployment benefits. Both will provide much-needed help to those recently laid-off and to financially stressed households as the coronavirus shuts down much of …
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
Congress' relief bill would vastly expand unemployment aid
NEW YORK (AP) — With record-high numbers of Americans seeking unemployment benefits after losing their jobs because of the coronavirus, Congress is set to significantly enhance the program.
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
3.3 million seek US jobless aid, nearly 5 times earlier high
WASHINGTON (AP) — Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus.
BONNER COUNTY DAILY BEE | UPDATED 5 YEARS AGO
Q&A: How can the huge congressional aid package help you?
WASHINGTON (AP) — Congress is poised to approve an unprecedented $2.2 trillion economic rescue package that will provide one-time checks for most Americans and significant enhancements to unemployment benefits. Both will provide much-needed help to those recently laid-off and to financially stressed households as the coronavirus shuts down much of …
BONNER COUNTY DAILY BEE | UPDATED 5 YEARS AGO
Q&A: How can the huge congressional aid package help you?
WASHINGTON (AP) — Congress is poised to approve an unprecedented $2.2 trillion economic rescue package that will provide one-time checks for most Americans and significant enhancements to unemployment benefits. Both will provide much-needed help to those recently laid-off and to financially stressed households as the coronavirus shuts down much of …
COEUR D'ALENE PRESS | UPDATED 5 YEARS AGO
3.3 million seek US jobless aid, nearly 5 times earlier high
WASHINGTON (AP) — Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus.
COEUR D'ALENE PRESS | UPDATED 5 YEARS AGO
Congress' relief bill would vastly expand unemployment aid
NEW YORK (AP) — With record-high numbers of Americans seeking unemployment benefits after losing their jobs because of the coronavirus, Congress is set to significantly enhance the program.
BONNER COUNTY DAILY BEE | UPDATED 5 YEARS AGO
Congress' relief bill would vastly expand unemployment aid
NEW YORK (AP) — With record-high numbers of Americans seeking unemployment benefits after losing their jobs because of the coronavirus, Congress is set to significantly enhance the program.
COEUR D'ALENE PRESS | UPDATED 5 YEARS AGO
Fed chair Powell says will provide nearly unlimited lending
WASHINGTON (AP) — Jerome Powell says the Federal Reserve would provide essentially unlimited lending to support the economy as long as it is damaged by the viral outbreak.
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
Fed to suspend some bank supervision during viral outbreak
WASHINGTON (AP) — The Federal Reserve said it will suspend some of its bank supervisory activities to give banks more leeway in dealing with financially strapped customers.
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
Q&A: What did the Fed do Monday and who will it help?
WASHINGTON (AP) — The Federal Reserve took several aggressive steps Monday to support an economy ravaged by the effects of the coronavirus. The amount of money involved is huge and the Fed's ambitions are vast: It wants to make loans available to companies and governments so they can pay bills …
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
Fed makes strongest bid yet to protect firms and governments
WASHINGTON (AP) — The Federal Reserve is unleashing its boldest effort yet to protect the U.S. economy from the coronavirus by helping companies and governments pay their bills and survive a devastating crisis.
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
Fed makes strongest bid yet to protect firms and governments
WASHINGTON (AP) — The Federal Reserve is unleashing its boldest effort yet to protect the U.S. economy from the coronavirus by helping companies and governments pay their bills and survive a devastating crisis.
BONNER COUNTY DAILY BEE | UPDATED 5 YEARS AGO
Fed makes strongest bid yet to protect firms and governments
WASHINGTON (AP) — The Federal Reserve is unleashing its boldest effort yet to protect the U.S. economy from the coronavirus by helping companies and governments pay their bills and survive a devastating crisis.
COEUR D'ALENE PRESS | UPDATED 5 YEARS AGO
Fed ramps up lending, bond buying to calm financial markets
WASHINGTON (AP) — The Federal Reserve moved with unprecedented force and speed Friday to pump huge amounts of cash into the financial system to ease disruptions that have escalated since the viral outbreak.
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
US home sales jumped to 13-year high before viral outbreak
WASHINGTON (AP) — U.S. home sales jumped in February to their highest level in 13 years, a trend that will almost certainly be reversed as people stop showing their property out of fear of infection in the coronavirus outbreak.
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
Layoffs spike in US, Europe as virus shuts businesses
WASHINGTON (AP) — Just a couple of weeks ago, Erika Vega hoped her temp job at a cafeteria would soon become permanent. But instead, the viral outbreak shut down the building where she worked and left her wondering where her next paycheck will come from.
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
Layoffs spike in US, Europe as virus shuts businesses
WASHINGTON (AP) — Just a couple of weeks ago, Erika Vega hoped her temp job at a cafeteria would soon become permanent. But instead, the viral outbreak shut down the building where she worked and left her wondering where her next paycheck will come from.
COEUR D'ALENE PRESS | UPDATED 5 YEARS AGO
U.S. Fed establishes currency swaps with 9 central banks
Washington (AP) — The Federal Reserve has set up a program to exchange dollars for foreign currency with nine central banks to support dollar lending in global markets that are under pressure from the impact of the viral outbreak.
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
Fed launches 2 emergency programs last seen in 2008 crisis
WASHINGTON (AP) — The Federal Reserve put in motion two emergency lending programs Tuesday that were last deployed in response to the 2008 financial crisis, aiming to ease the flow of credit to businesses and households struggling amid the viral outbreak.
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
US job openings jumped in January, before virus outbreak
WASHINGTON (AP) — U.S. employers sharply increased the number of jobs they advertised in January, a sign the job market and economy were in mostly solid shape before the virus outbreak hit.
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
Fed to try to ease flow of credit with new lending facility
WASHINGTON (AP) — In its latest emergency action, the Federal Reserve is establishing a lending facility to try to ease the flow of short-term credit to banks and businesses as the economy grinds to a halt from the viral outbreak.
BONNER COUNTY DAILY BEE | UPDATED 5 YEARS AGO
Fed to try to ease flow of credit with new lending facility
WASHINGTON (AP) — In its latest emergency action, the Federal Reserve is establishing a lending facility to try to ease the flow of short-term credit to banks and businesses as the economy grinds to a halt from the viral outbreak.
COEUR D'ALENE PRESS | UPDATED 5 YEARS AGO
US job openings jumped in January, before virus outbreak
WASHINGTON (AP) — U.S. employers sharply increased the number of jobs they advertised in January, a sign the job market and economy were in mostly solid shape before the virus outbreak hit.
COEUR D'ALENE PRESS | UPDATED 5 YEARS AGO
US job openings jumped in January, before virus outbreak
WASHINGTON (AP) — U.S. employers sharply increased the number of jobs they advertised in January, a sign the job market and economy were in mostly solid shape before the virus outbreak hit.
BONNER COUNTY DAILY BEE | UPDATED 5 YEARS AGO
Government issues historic restrictions amid virus outbreak
The United States implemented dramatic new restrictions on Americans going out in public and 7 million people in the San Francisco area were put on a near-total lockdown to control the coronavirus emergency that has walloped the global economy.
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
Government issues historic restrictions amid virus outbreak
The United States implemented dramatic new restrictions on Americans going out in public and 7 million people in the San Francisco area were put on a near-total lockdown to control the coronavirus emergency that has walloped the global economy.
BONNER COUNTY DAILY BEE | UPDATED 5 YEARS AGO
Government issues historic restrictions amid virus outbreak
The United States implemented dramatic new restrictions on Americans going out in public and 7 million people in the San Francisco area were put on a near-total lockdown to control the coronavirus emergency that has walloped the global economy.
COEUR D'ALENE PRESS | UPDATED 5 YEARS AGO
AP Explains: What did the Federal Reserve do Sunday and why?
WASHINGTON (AP) — Brandishing an array of financial weapons, the Federal Reserve announced extraordinary action Sunday to try to blunt the heavy damage the coronavirus outbreak has begun to inflict on the U.S. economy.
BONNER COUNTY DAILY BEE | UPDATED 5 YEARS AGO
AP Explains: What did the Federal Reserve do Sunday and why?
WASHINGTON (AP) — Brandishing an array of financial weapons, the Federal Reserve announced extraordinary action Sunday to try to blunt the heavy damage the coronavirus outbreak has begun to inflict on the U.S. economy.
COEUR D'ALENE PRESS | UPDATED 5 YEARS AGO
Fed may take boldest steps in a decade to ease virus impact
WASHINGTON (AP) — The Federal Reserve is all but sure to take its most drastic steps Wednesday since the depths of the 2008 financial crisis to try to counter the coronavirus' growing damage to the U.S. economy and the financial markets.
COEUR D'ALENE PRESS | UPDATED 5 YEARS AGO
Fed may take boldest steps in a decade to ease virus impact
WASHINGTON (AP) — The Federal Reserve is all but sure to take its most drastic steps Wednesday since the depths of the 2008 financial crisis to try to counter the coronavirus' growing damage to the U.S. economy and the financial markets.
BONNER COUNTY DAILY BEE | UPDATED 5 YEARS AGO
Fed takes extra steps to sooth virus-rattled bond market
WASHINGTON (AP) — The Federal Reserve and the European Central Bank have taken large steps this week to try to calm financial markets and restore some degree of confidence. So far, it hasn't quite worked. The central banks are facing a crisis only partly responsive to the medicine they can …
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
As central banks intervene to calm markets, few see solution
WASHINGTON (AP) — The Federal Reserve and the European Central Bank moved Thursday to try to calm financial markets and restore some degree of confidence. It didn't quite work. The central banks are facing a crisis only partly responsive to the medicine they can provide.
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
As central banks intervene to calm markets, few see solution
WASHINGTON (AP) — The Federal Reserve and the European Central Bank moved Thursday to try to calm financial markets and restore some degree of confidence. It didn't quite work. The central banks are facing a crisis only partly responsive to the medicine they can provide.
BONNER COUNTY DAILY BEE | UPDATED 5 YEARS AGO
As central banks intervene to calm markets, few see solution
WASHINGTON (AP) — The Federal Reserve and the European Central Bank moved Thursday to try to calm financial markets and restore some degree of confidence. It didn't quite work. The central banks are facing a crisis only partly responsive to the medicine they can provide.
COEUR D'ALENE PRESS | UPDATED 5 YEARS AGO
Nervous consumers around world pull back amid viral outbreak
WASHINGTON (AP) — Buffeted by fears of the fast-spreading coronavirus, consumers in the United States and overseas are showing increasing signs of cutting back on spending in what amounts to a severe threat to economic growth.
COEUR D'ALENE PRESS | UPDATED 5 YEARS AGO
US consumer prices grew 0.1% in February as food costs rose
WASHINGTON (AP) — U.S. consumer prices increased slightly last month, driven higher by more expensive food.
DAILY INTER-LAKE | UPDATED 5 YEARS AGO
US added robust 273K jobs in February before virus escalated
WASHINGTON (AP) — Hiring in the United States jumped in February as employers added a robust 273,000 jobs, evidence that the economy was in strong shape before the coronavirus began to sweep through the nation.
DAILY INTER-LAKE | UPDATED 5 YEARS, 1 MONTH AGO
US added robust 273K jobs in February before virus escalated
WASHINGTON (AP) — Hiring in the United States jumped in February as employers added 273,000 jobs, evidence that the economy was in strong shape before the coronavirus began to sweep through the nation.
COEUR D'ALENE PRESS | UPDATED 5 YEARS, 1 MONTH AGO
US added robust 273K jobs in February before virus escalated
WASHINGTON (AP) — Hiring jumped in February as employers added 273,000 jobs, evidence that the economy was in strong shape before the coronavirus began to sweep through the United States.
BONNER COUNTY DAILY BEE | UPDATED 5 YEARS, 1 MONTH AGO
US hiring was likely solid in February before virus spread
WASHINGTON (AP) — The U.S. economy likely added jobs at a solid pace in February before an escalation of the coronavirus outbreak disrupted factory supply chains, slowed business travel and heightened economic fears.
DAILY INTER-LAKE | UPDATED 5 YEARS, 1 MONTH AGO
To gauge economic damage from virus, watch for US jobs data
WASHINGTON (AP) — Companies and consumers have scrapped travel plans, and factories have endured broken supply chains from the coronavirus outbreak. If employers were to respond by slashing jobs, it would significantly escalate the economic damage.
DAILY INTER-LAKE | UPDATED 5 YEARS, 1 MONTH AGO
U.S. businesses add 183K jobs in sign of pre-virus health
WASHINGTON (AP) — U.S. businesses added 183,000 jobs last month, a solid gain that shows the economy was largely healthy when the coronavirus outbreak spread further around the globe.
DAILY INTER-LAKE | UPDATED 5 YEARS, 1 MONTH AGO
Fed's Powell faces a puzzling crisis with no simple solution
WASHINGTON (AP) — Jerome Powell is confronting his stiffest test yet as head of the Federal Reserve in an atmosphere vastly altered from what his predecessors faced. It makes an uncertain situation even more challenging.
BONNER COUNTY DAILY BEE | UPDATED 5 YEARS, 1 MONTH AGO
Fed's Powell faces a puzzling crisis with no simple solution
WASHINGTON (AP) — Jerome Powell is confronting his stiffest test yet as head of the Federal Reserve in an atmosphere vastly altered from what his predecessors faced. It makes an uncertain situation even more challenging.
COEUR D'ALENE PRESS | UPDATED 5 YEARS, 1 MONTH AGO
Virus spread prompts Fed to slash rates in surprise move
WASHINGTON (AP) — In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus.
DAILY INTER-LAKE | UPDATED 5 YEARS, 1 MONTH AGO
Virus spread prompts Fed to slash rates in surprise move
WASHINGTON (AP) — In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus.
COEUR D'ALENE PRESS | UPDATED 5 YEARS, 1 MONTH AGO
Virus spread prompts Fed to slash rates in surprise move
WASHINGTON (AP) — In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus.
BONNER COUNTY DAILY BEE | UPDATED 5 YEARS, 1 MONTH AGO
Oil boom, housing bust alter spending
WASHINGTON — North Dakotans, enriched by an oil boom, stepped up their spending at triple the national pace in the three years that followed the Great Recession. In Nevada, smacked hard by the housing bust, consumers barely increased their spending.
DAILY INTER-LAKE | UPDATED 10 YEARS, 8 MONTHS AGO
Economy brightens; Fed may pull back
WASHINGTON - The economy is showing strength as summer nears a close - a trend that's raising the likelihood that the Federal Reserve will slow its bond buying later this month.
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 7 MONTHS AGO
Consumer sentiment stays near 6-year high
COEUR D'ALENE PRESS | UPDATED 11 YEARS, 9 MONTHS AGO
Prev
Next