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Pete Buttigieg, President Biden's nominee for Transportation secretary, will press the need for Congress to get behind an infrastructure package to help revitalize a US economy devastated by the effects of the coronavirus pandemic during his Senate confirmation hearing on Thursday.
The number of U.S. workers filing for first-time unemployment benefits soared to nearly 1 million last week — the highest total since August as the nationwide surge of COVID-19 cases continues to batter the economy.
Economy transportation company Megabus announced Friday it has suspended all travel in and out of Washington, DC, until after Inauguration Day. Travel to the nation’s capital will be suspended from 11:59 p.m. Friday through 11:59 p.m. on Jan. 21., the bus company said on Twitter. “
For some Iranians, President Donald Trump’s hard-line strategy against their country brought political hope even as it brought economic misery. But they expect just the opposite from President-elect Joe Biden: the economy might improve, but the chances that the dictatorial ayatollahs could fall
The U.S. economy added just 245,000 jobs last month, the fewest since April, as employers dramatically scaled back hiring amid an alarming resurgence of coronavirus infections across the country, the Labor Department said Friday.
The Democratic concession is meant to put pressure on Republican leaders to come to the negotiating table as the pandemic continues to wreak havoc on the U.S. economy.
a new American economy that works for all Americans,” Biden said at an...
Johnson’s announcement Saturday was met with considerable resistance, including from some fellow members of the Conservative Party, who stressed concerns about how restrictions could negatively impact factors such as mental health and the economy.
A left-wing group with ties to Rep. Alexandria Ocasio-Cortez is pressuring President-elect Joe Biden to use executive orders for liberal policies to revive the economy — including the Green New Deal — when he takes control of the White House in January. New Consensus sent Biden a seven
Biden issued the dire warning after delivering prepared remarks on his plan for resurrecting the U.S. economy.
Progressive groups conducting a postmortem on the 2020 race slammed House Speaker Nancy Pelosi this week, saying her “showing off” of her flashy freezer full of ice cream was an “unforced error” that eroded Democrats’ majority in the House. “The economy
The report throws a monkey wrench into President Biden's push to pass an enormous $1.9 trillion rescue plan.
Congress has spent $4 trillion to keep the economy stable since the pandemic shuttered schools, offices, restaurants, gyms and other businesses, leading to roughly 10 million job losses and an economic decline of 3.5% last year.
Despite a strong second-half recovery, the pandemic-scarred U.S. economy contracted more in 2020 than in any year since 1946, according to government data released Thursday.
Rep. Alexandria Ocasio-Cortez mocked Wall Street on Wednesday for wanting to crack down on a Reddit message board that helped GameStop’s shares soar. “Gotta admit it’s really something to see Wall Streeters with a long history of treating our economy as a casino complain about a message
China’s economy has bounced back so quickly after the coronavirus that it is expected to displace the US as the world’s biggest economy by 2028, according to a new report. In its annual study of 193 countries, the Center for Economics and Business Research said that China had quickly
The majority of Americans roundly reject socialism and have a dim opinion of left wing Rep. Alexandria Ocasio-Cortez, a damning new survey shows. Asked whether the free-market economy or socialism was better, 75 percent of likely voters chose capitalism, while 11 percent backed socialism, according
The 5,593-page legislation includes $1.4 trillion to keep the federal government up and running, and nearly $892 billion in funding to shore up an economy battered by the surging coronavirus.
WASHINGTON — New York is expected to receive $54 billion in emergency coronavirus relief to help its staggering economy once Congress passes a long-awaited $900 billion aid package later Monday, Senate Minority Leader Charles Schumer told The Post. The deal will include $20 billion
“There’s so much missing. You can’t call it stimulus. A stimulus would actually stim-u-late the economy. Help us move forward, help us recover ... this barely helps us tread water, " de Blasio said.
Federal Reserve Chairman Jerome Powell said Wednesday that the US economy urgently needs more relief from Congress as COVID-19 cases surge. Democratic and Republican leaders are wrangling over details for stimulus legislation ahead of a Friday government funding deadline. “The case for fiscal
Biden's inauguration is expected to be celebratory but virtual in many ways as the pandemic continues to devastate the nation's public health and economy.
A credit watchdog agency lowered its grade on New York City government-backed debt after giving a gloomy assessment of the Big Apple’s pandemic-ravaged economy. The Fitch bond rating agency dropped its grade on $38 billion of New York City general obligation bonds/debt from AA to AA
For some Iranians, President Donald Trump’s hard-line strategy against their country brought political hope even as it brought economic misery. But they expect just the opposite from President-elect Joe Biden: the economy might improve, but the chances that the dictatorial ayatollahs could fall
The U.S. economy added just 245,000 jobs last month, the fewest since April, as employers dramatically scaled back hiring amid an alarming resurgence of coronavirus infections across the country, the Labor Department said Friday.
The Democratic concession is meant to put pressure on Republican leaders to come to the negotiating table as the pandemic continues to wreak havoc on the U.S. economy.
a new American economy that works for all Americans,” Biden said at an...
Progressive groups conducting a postmortem on the 2020 race slammed House Speaker Nancy Pelosi this week, saying her “showing off” of her flashy freezer full of ice cream was an “unforced error” that eroded Democrats’ majority in the House. “The economy
A left-wing group with ties to Rep. Alexandria Ocasio-Cortez is pressuring President-elect Joe Biden to use executive orders for liberal policies to revive the economy — including the Green New Deal — when he takes control of the White House in January. New Consensus sent Biden a seven
Biden issued the dire warning after delivering prepared remarks on his plan for resurrecting the U.S. economy.