Josh Boak
Noted economist warns Trump’s 25% tariffs could add $4,711 to the...
WASHINGTON (AP) – Noted economist Arthur Laffer warns in a new analysis that President Donald Trump's 25% tariffs on auto imports could add $4,711...
Treasury Dept. now taking ‘extraordinary measures’ on debt
WASHINGTON (AP) – The countdown toward a possible U.S. government default is in the offing, and frictions between President Joe Biden and House Republicans are...
U.S. to release 50 million barrels of oil to ease energy...
WASHINGTON (AP) – President Joe Biden on Tuesday ordered 50 million barrels of oil released from the nation's strategic reserve to help bring down...
Raimondo out to save U.S. jobs, 1 computer chip at a...
WASHINGTON (AP) – Commerce Secretary Gina M. Raimondo only wears watches made by Bulova — a company that laid off her scientist father, closed its...
CDC issues new eviction ban for most of U.S. through Oct....
WASHINGTON (AP) – The Centers for Disease Control and Prevention issued a new eviction moratorium that would last until Oct. 3, as the Biden...
Biden admin stepping up community grants from COVID bill
WASHINGTON (AP) – President Joe Biden's administration is beginning to make $3 billion in economic development grants available to communities – a tenfold increase...
Biden administration makes pitch for higher business taxes
The Biden administration is drilling down on the argument that higher corporate tax rates would ultimately help an ailing economy, saying the resulting infrastructure...
Budget office: $15 wage would reduce poverty, increase debt and joblessness
WASHINGTON (AP) – Increasing the minimum wage to $15 an hour would reduce the number of Americans living in poverty and boost wages for...
U.S. economy plunged an annualized 31.7% in second-quarter
BALTIMORE (AP) – The United States economy shrank at an alarming annual rate of 31.7% during the April-June quarter as it struggled under the...
U.S. retail sales up 17.7% in a partial rebound from plunge
BALTIMORE (AP) – United States retail sales jumped 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down...
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