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Economy
Mercedes Recalls Vehicles for Emergency-Call Location Error
NEW YORK—Mercedes-Benz is recalling more than 1.3 million vehicles because the software in their emergency-call systems could send responders to the wrong location after a crash. The recall comes after ...
February 13, 2021
BY
The Associated Press
Biden Administration Postpones 1st Oil Leases of 2021
President Joe Biden's administration has postponed oil and gas lease sales that were slated to take place next ...
February 13, 2021
BY
Zachary Stieber
General Motors Settles With California for $5.75M
SACRAMENTO, Calif.—General Motors Co. has agreed to a $5.75 million settlement with California regarding false statements the company ...
February 13, 2021
BY
The Associated Press
Biden’s $15 Minimum Wage Would Boost Child Care Costs, Hurt Families: Heritage Foundation
The author of a new study on the effect of increasing the federal minimum wage to $15 says ...
February 13, 2021
BY
Tom Ozimek
Some Economists Fear Biden’s $1.9 Trillion Relief Plan Could Spark Excessive Inflation
President Joe Biden's proposed $1.9 trillion COVID-19 relief bill is fueling debate among economists about whether it will ...
February 12, 2021
BY
Tom Ozimek
US Jobless Claims Fall Slightly to 793,000 With Layoffs High
WASHINGTON—The number of Americans seeking unemployment benefits fell slightly last week to 793,000, evidence that job cuts remain ...
February 11, 2021
BY
The Associated Press
US Weekly Jobless Claims Hover at Higher Levels
WASHINGTON—The number of Americans filing new applications for unemployment benefits fell slightly last week as the labor market ...
February 11, 2021
BY
Reuters
States Push to Rein In Big Tech as Federal Gears Grind Slow
States are moving with urgency in seeking to rein in alleged abuses by big tech companies, while the ...
February 11, 2021
BY
Tom Ozimek
US January Budget Deficit Hits Record $163 Billion as New Aid Checks Sent Out
WASHINGTON—The U.S. government posted a budget deficit of $163 billion in January, a record high for the month ...
February 11, 2021
BY
Reuters
Biden’s $1.9 Trillion Plan May Overheat US Economy, 2 Economists Say
Two leading economists say that President Joe Biden's $1.9 trillion COVID-19 stimulus package might overheat the U.S. economy, ...
February 10, 2021
BY
Gary Du
Buttigieg Says COVID-19 Testing Requirement for Domestic Air Travel Is Being Considered
Transportation Secretary Pete Buttigieg has suggested the federal government may require proof of a negative COVID-19 test result ...
February 10, 2021
BY
Tom Ozimek
GM 2020 Profit Drops but Makes $6.43 Billion, Despite Pandemic
DETROIT—General Motors' profit fell 4.5 percent in 2020, but a strong second half more than offset the effects ...
February 10, 2021
BY
The Associated Press
14 State AGs Say Keystone Cancellation Delivers ‘Crippling Economic Injuries,’ Threaten Legal Action
Fourteen Republican attorneys general are urging President Joe Biden to reconsider his decision to cancel a permit for the ...
February 10, 2021
BY
Tom Ozimek
MyPillow’s Lindell Says Sales Remain Strong Amid ‘Cancel Culture’
MyPillow CEO Mike Lindell said on Feb. 9 that sales of the company's signature product remain strong after ...
February 10, 2021
BY
Zachary Stieber
GOP Lawmakers Warn Fed Against Greening of US Banking System
WASHINGTON—Soon after the November 2020 presidential election, the Federal Reserve declared climate change as a potential threat to ...
February 9, 2021
BY
Emel Akan
Jeff Bezos Would Owe $2 Billion a Year If Washington Passes Proposed Wealth Tax
Amazon founder Jeff Bezos, one of the richest men in the world, would owe some $2 billion a ...
February 9, 2021
BY
Zachary Stieber
Democrats Propose $3,600 per Child Tax Credits in Biden Relief Package
Congressional Democrats are proposing an addition to President Joe Biden's $1.9 trillion pandemic relief package that would send ...
February 9, 2021
BY
GQ Pan
Psaki Dodges Question About Laid-Off Pipeline Workers, Green Jobs
White House press secretary Jen Psaki on Monday dodged a question from a reporter about when unemployed Keystone ...
February 9, 2021
BY
Isabel van Brugen
White House Ban on New Oil and Gas Leases a ‘Direct Attack’ on Wyoming, Says Governor
Wyoming Gov. Mark Gordon said the executive order that pauses new federal leases on oil and gas drilling ...
February 8, 2021
BY
Jack Phillips
Budget Deficit Will Increase by $54 Billion If Congress Enacts $15 Minimum Wage: CBO
The Congressional Budget Office (CBO) released a report this month that shows an increased budget deficit of $54 ...
February 8, 2021
BY
Masooma Haq
AFL–CIO’s Trumka Criticizes Biden for Canceling Keystone XL Pipeline
The head of the U.S.'s largest federation of labor unions has criticized President Joe Biden's move to revoke ...
February 8, 2021
BY
Jack Phillips
Yellen Says US Could Return to Full Employment Next Year if Congress Passes $1.9 Trillion Relief Bill
The United States could return to full employment in 2022 if Congress approves President Joe Biden's relief package, ...
February 8, 2021
BY
Zachary Stieber
California Inequality, Class Divide Now Similar to Mexico, Expert Says
The class divide and inequality in the state of California are currently at levels similar to those seen ...
February 8, 2021
BY
Isabel van Brugen
Yellen: Too Soon to Say If Changes Needed to Address Market Volatility
WASHINGTON—U.S. Treasury Secretary Janet Yellen said on Feb. 7 that it's too soon to say whether new policies ...
February 7, 2021
BY
Reuters
US Consumer Credit Rose by $9.7 Billion in December
U.S. consumers increased their borrowing in December by $9.7 billion, as Americans took out loans to buy autos ...
February 6, 2021
BY
The Associated Press
Biden Backs Off $15 Minimum Wage as Virus Relief Plan Takes Shape
President Joe Biden is backing away from the push to include a minimum wage hike in the CCP ...
February 6, 2021
BY
Zachary Stieber
Sanders Backs GOP Call for No Minimum Wage Hike During Pandemic
Sen. Bernie Sanders (I-Vt.) backed a Republican amendment blocking the raising of the federal minimum wage to $15 ...
February 5, 2021
BY
Tom Ozimek
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TOP NEWS
Microsoft Urges US to ‘Copy’ Australia’s Big Tech Media Law
NEW
By
Daniel Y. Teng
Support Grows for 9/11-Style Commission to Probe US Capitol Breach
NEW
By
Janita Kan
$32 Billion for Public Transit in COVID-19 Relief Bill Wasteful: Researcher
1hr
By
Petr Svab
Wintry Weather Blanketing US Making Rare Dip to Gulf Coast
4hr
By
The Associated Press
Lovers Stay Hopeful on Valentine’s Day Amid Pandemic
4hr
By
The Associated Press
De Blasio Calls for ‘Full Accounting’ of Cuomo’s Alleged Nursing Home Death Cover-Up
5hr
By
GQ Pan
Impeachment Manager: Trial Could Have Lasted Years If Witnesses Were Called
5hr
By
Ivan Pentchoukov
Michigan County GOP Censures Rep. Meijer Over Vote to Impeach Trump
5hr
By
Ivan Pentchoukov
Wuhan Residents Commemorate COVID-19 Victims During New Year Holiday
5hr
By
Nicole Hao
CDC Director: ‘We Need a Lot More Resources in Order to Get the Schools Safe’
6hr
By
Jack Phillips