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Aug 06 2020
News
1.2 million seek jobless aid after $600 federal check ends
Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired.
The Labor Department’s report Thursday marked the 20th straight week that at least 1 million people have sought jobless aid. Before the pandemic hit hard in March,
Washington TimesMay 13 2020
News
Should businesses be shielded from coronavirus lawsuits?
What’s happening: Businesses in some parts of the U.S. have begun to reopen after weeks of closures to stem the spread of the coronavirus. While the public health ramifications are at the forefront of debate, lawmakers are also gearing up for a clash over the legal implications of restarting the economy.
Republicans in Congress are pushing for nationwide liability protections to shield
Yahoo! The 360Apr 15 2019
News
In Search for Leverage, Trump May Be Undercutting His Own Trade Deals
President Trump is embracing a new tactic as he tries to rewrite the rules of global trade: Don’t believe a final deal is truly final.
Mr. Trump, who has called deal-making his “art form,” has used his unpredictability as a source of leverage in discussions with Europe, Canada, Mexico, Japan and elsewhere. He has dangled the possibility of lifting American metal tariffs while
New York Times (News)Sep 28 2012
Opinion
Jobs: a Mainstreet Fix for Wall Street's Failure
“What really matters to the life of our nation is enabling entrepreneurs to build new businesses that create more well-paying jobs, and enabling families to put a roof over their heads and educate their children. Sheila Bair, FDiC Chair, MarCh 16, 2011
“Some pundits are still trying to dismiss concerns about rising inequality as somehow foolish. But the truth is that the whole nature of
New Economy Working GroupApr 15 2021
News
Jobless Claims Fell to a New Pandemic Low Last Week
Unemployment claims declined to the lowest level since the pandemic struck last spring, adding to signs the U.S. economic revival is picking up speed.
Jobless claims, a proxy for layoffs, fell to 576,000 last week from 769,000 a week earlier.
That is the lowest weekly figure since March 2020, but still way above the levels of around 220,000 that prevailed early last year, before
Wall Street Journal (News)Jul 08 2022
Perspectives Blog
Media Bias Alert: NPR, AP, CBS Criticized for Description of Shinzo Abe
NPR (Lean Left), the Associated Press (Lean Left), and CBS (Lean Left) were criticized by conservative Twitter users and media outlets like Fox News (Right) on Friday for media bias. They argued outlets’ characterizations of former Japanese Prime Minister Shinzo Abe, who was assassinated on Friday, were slanted.
AllSides analysis confirmed that in reporting on the political leader in
Julie MastrineNov 02 2019
News
Meet the Economy That the IMF Sees Growing 86% in 2020
South America may be battered by weak growth, unrest and austerity but one of its smallest countries is about to experience the fastest economic growth on the planet.
Guyana, a country of 780,000 that neighbors Brazil and Venezuela in the region’s northeast corner, will see its economy balloon 86% next year after expanding 4.4% this year, according to the International Monetary Fund.
BloombergApr 14 2021
News
Harris to travel to Guatemala and Mexico amid criticism over border crisis
Vice President Kamala Harris will travel to Guatemala and Mexico in her role in tackling the "root causes" of the migration crisis at the southern border -- as she faces intense criticism for her alleged lack of action on the crisis.
Harris was asked Wednesday by reporters at a Northern Triangle security roundtable about whether she would visit the border itself and did not answer. She
Fox News DigitalApr 14 2021
News
States Were Told They Can’t Use U.S. Covid-19 Aid to Cut Taxes. They Sued.
A last-minute provision added to the $1.9 trillion coronavirus relief package last month is leading to a showdown between states and the Treasury Department over the limits of the federal government’s fiscal authority.
The package, known as the American Rescue Plan, provided $195 billion for state governments to help offset soaring costs related to the pandemic and plug budget holes
Wall Street Journal (News)Feb 23 2021
Analysis
The best stimulus idea Democrats are leaving on the table
Maybe early in the pandemic, you first postponed your 2020 vacation to July, and then from July to March. Now, you know you should just wait and see, but you can’t help yourself and went ahead and booked for August.
That’s basically what Congress has been doing with economic aid such as unemployment insurance during the Covid-19 outbreak. Federal lawmakers have been picking arbitrary
Vox