Economic policy

Democratic presidential candidate, former Vice President Joe Biden speaks at Alexis Dupont High School in Wilmington, Del., Tuesday, June 30, 2020. (AP Photo/Patrick Semansky)
July 03, 2020 - 6:04 am
NEW YORK (AP) — The U.S. economy just posted its best single-month job gain in history. U.S. unemployment is at one of its worst points since the Great Depression. Both are true. As Republicans and Democrats fought to spin Thursday's jobs numbers to their advantage, both sides face tremendous...
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President Donald Trump swings a baseball bat during the Spirit of America Showcase at the White House, Thursday, July 2, 2020, in Washington. (AP Photo/Evan Vucci)
July 02, 2020 - 11:44 pm
NEW YORK (AP) — The U.S. economy just posted its best single-month job gain in history. U.S. unemployment is at one of its worst points since the Great Depression. Both are true. As Republicans and Democrats fought to spin Thursday's jobs numbers to their advantage, both sides face tremendous...
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FILE - In this Monday, June 29, 2020, file photo, Bigard Ogbonna, right, checks a customer's temperature before they enter a store at the Garden State Plaza mall in Paramus, N.J., as New Jersey's indoor shopping malls reopened from their COVID-19 pause. U.S. employers likely rehired several million more workers in June, thereby reducing a Depression-level unemployment rate, but the most up-to-date data suggests that a resurgent coronavirus will limit further gains. (AP Photo/Seth Wenig, File)
July 02, 2020 - 1:38 pm
WASHINGTON (AP) — U.S. unemployment fell to 11.1% in June as the economy added a solid 4.8 million jobs, the government reported Thursday. But the job-market recovery may already be faltering because of a new round of closings and layoffs triggered by a resurgence of the coronavirus. While the...
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Residents wearing masks to curb the spread of the coronavirus past by a Huawei shop in Beijing on Friday, June 5, 2020. China on Wednesday demanded Washington stop "oppressing Chinese companies" after U.S. regulators declared telecom equipment suppliers Huawei and ZTE to be national security threats. (AP Photo/Ng Han Guan)
July 01, 2020 - 5:45 am
BEIJING (AP) — China on Wednesday demanded Washington stop “oppressing Chinese companies” after U.S. regulators declared telecom equipment suppliers Huawei and ZTE to be national security threats. The Federal Communications Commission on Tuesday blocked the Chinese vendors from receiving subsidies...
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June 30, 2020 - 9:23 pm
WASHINGTON (AP) — Democrats drove a temporary extension of a popular subsidy program for small businesses through the GOP-controlled Senate late Tuesday, an unexpected development that came as spikes in coronavirus cases in many states are causing renewed shutdowns of bars and other businesses. The...
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FILE - In this Nov. 17, 2018, file photo, leaders listen during the Pacific Islands Countries Informal Dialogue with APEC Leaders in Port Moresby, Papua New Guinea. New Zealand on Tuesday, June 30, 2020, canceled its plans to host a major meeting of U.S. and Asian leaders next year because of the coronavirus, opting instead to lead a virtual summit. (AP Photo/Aaron Favila)
June 29, 2020 - 11:13 pm
WELLINGTON, New Zealand (AP) — New Zealand on Tuesday canceled its plans to host a major meeting of U.S. and Asian leaders next year because of the coronavirus, opting instead to lead a virtual summit. New Zealand was scheduled to host the Asia-Pacific Economic Cooperation forum in Auckland. The...
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June 29, 2020 - 6:10 pm
WASHINGTON (AP) — Michael Haith, owner and CEO of a Denver-based restaurant chain called Teriyaki Madness, is in an unusual position for people like him: He's making money through food delivery and pickup and wants to borrow funds so he can expand. Yet so far, a Federal Reserve lending program set...
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FILE - In this Nov. 29, 2018 file photo, Brian Hook, U.S. special representative for Iran, speaks at the Iranian Materiel Display at Joint Base Anacostia-Bolling in Washington. An expiring United Nations weapons embargo on Iran must remain in place to prevent it from "becoming the arms dealer of choice for rogue regimes and terrorist organizations around the world," Hook told The Associated Press on Sunday, June 28, 2020. (AP Photo/Carolyn Kaster, File)
June 28, 2020 - 12:55 pm
DUBAI, United Arab Emirates (AP) — An expiring United Nations weapons embargo on Iran must remain in place to prevent it from “becoming the arms dealer of choice for rogue regimes and terrorist organizations around the world,” the U.S. special representative to Iran said Sunday. Brian Hook told The...
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President Donald Trump meets with Polish President Andrzej Duda in the Oval Office of the White House, Wednesday, June 24, 2020, in Washington. (AP Photo/Evan Vucci)
June 27, 2020 - 5:51 am
WARSAW, Poland (AP) — Poland’s right-wing president, Andrzej Duda, is fighting for a second term in an election Sunday that will test whether he was helped by a campaign that depicted LGBT rights as a dangerous “ideology” and an unconventional last-minute reception by President Donald Trump at the...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 26, 2020. Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks' ability to make investments. (AP Photo/Ahn Young-joon)
June 26, 2020 - 4:09 pm
Stocks closed sharply lower on Wall Street as the number of confirmed new coronavirus cases in the U.S. hit an all-time high, stoking worries that the reopening of businesses investors have been banking on to revive the economy will be derailed. The S&P 500 fell 2.4% Friday. Texas and Florida...
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