Government business and finance

FILE - In this Nov. 23, 2020 file photo, stone sculptures adorn the New York Stock Exchange. Stocks are pulling lower again on Friday, Jan. 15, 2021, after reports showed the pandemic is deepening the hole for the economy, as Washington prepares to throw it another lifeline. (AP Photo/Seth Wenig, File)
January 15, 2021 - 4:06 pm
NEW YORK (AP) — Stocks closed lower on Wall Street Friday, posting their first weekly loss after two weeks of solid gains. The S&P 500 fell 0.7%, with stocks of companies that most need a healthier economy taking some of the sharpest losses. The declines came as more reports showed how the...
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President-elect Joe Biden speaks about the COVID-19 pandemic during an event at The Queen theater, Thursday, Jan. 14, 2021, in Wilmington, Del. (AP Photo/Matt Slocum)
January 15, 2021 - 1:44 pm
BALTIMORE (AP) — The $1.9 trillion rescue plan unveiled by President-elect Joe Biden offers the chance to sculpt the U.S. economy toward the Democrats’ liking: a $15 minimum wage, aid to poor families and federal dollars going to public schools. It’s an ambitious effort that would arrive after...
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President-elect Joe Biden speaks about the COVID-19 pandemic during an event at The Queen theater, Thursday, Jan. 14, 2021, in Wilmington, Del. (AP Photo/Matt Slocum)
January 15, 2021 - 7:04 am
WASHINGTON (AP) — President-elect Joe Biden is nominating New York emergency department commissioner Deanne Criswell to serve as the Federal Emergency Management Agency administrator and has tapped former CIA deputy director David Cohen to return to the agency in the same role he served during the...
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TSA officers wear protective masks at a security screening area at Seattle-Tacoma International Airport Monday, May 18, 2020, in SeaTac, Wash. Airlines say they are stepping up security on flights to Washington before next week’s inauguration of President-elect Joe Biden. Delta, United and Alaska airlines said Thursday, Jan. 14, 2021 they will bar passengers flying to Washington from putting guns in checked bags. (AP Photo/Elaine Thompson)
January 14, 2021 - 9:49 pm
Airlines and airports say they are stepping up security before next week's presidential inauguration, with Delta and other major airlines saying they will prohibit passengers flying to the Washington area from putting guns in checked bags. The moves follow the Jan. 6 riot at the U.S. Capitol by...
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Federal Reserve Chairman Jerome Powell testifies before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Dec. 2, 2020. (Greg Nash/Pool via AP)
January 14, 2021 - 4:49 pm
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell sought Thursday to tamp down any concerns that the Fed might soon withdraw some of its support for the U.S. economy and stressed that any such pullback would be signaled far in advance. During an online discussion hosted by Princeton University...
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The closed sign of a former restaurant is displayed at a shopping center Wednesday, Jan. 13, 2021, in Houston. The latest figures for jobless claims, issued Thursday, Jan. 14, by the Labor Department, remain at levels never seen until the virus struck. (Melissa Phillip/Houston Chronicle via AP)
January 14, 2021 - 3:18 pm
Here’s what’s happening Thursday with the coronavirus pandemic in the U.S.: THREE THINGS TO KNOW TODAY — The number of people seeking unemployment aid soared last week to 965,000, the most since late August, offering evidence that the resurgent virus has caused a spike in layoffs. The Labor...
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FILE — In this Aug. 20, 2020 file photo, Connecticut Attorney General William Tong speaks to the media during a watch party for the Democratic National Convention, at Dunkin' Donuts Park, in Hartford, Conn. Connecticut authorities are investigating whether Amazon's e-book deals with certain publishers are anticompetitive and violate antitrust laws, state Attorney General William Tong said Thursday, Jan. 14, 2021. (AP Photo/Jessica Hill, File)
January 14, 2021 - 1:02 pm
HARTFORD, Conn. (AP) — Connecticut authorities are investigating whether Amazon's e-book deals with certain publishers are anticompetitive and violate antitrust laws, state Attorney General William Tong said Thursday. Tong released only a few details of the probe. He said the state attorney general...
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A man walks past a poster with the slogans "World Peace" and "Ethnic Unity" in Beijing, China Monday, Jan. 11, 2021. A Chinese official on Monday denied Beijing has imposed coercive birth control measures among Muslim minority women, following an outcry over a tweet by the Chinese Embassy in Washington claiming that government polices had freed women of the Uighur ethnic group from being "baby-making machines." (AP Photo/Ng Han Guan)
January 14, 2021 - 5:18 am
BEIJING (AP) — China on Thursday demanded Washington drop a ban on cotton and tomato imports from its Muslim northwest over complaints they are produced by forced labor, which a spokesman dismissed as the “lie of the century.” The ban announced Wednesday adds to a flurry of sanctions imposed by the...
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FILE - In this Sunday, Aug. 25, 2019 file photo President Donald Trump and Britain's Prime Minister Boris Johnson, left, speak to the media before a working breakfast meeting at the Hotel du Palais on the sidelines of the G-7 summit in Biarritz, France. British Prime Minister Boris Johnson has said a lot of nice things about Donald Trump over the years, from expressing admiration for the U.S. president to suggesting he might be worthy of the Nobel Peace Prize. But after a mob of Trump supporters invaded the U.S. Capitol on Jan. 6, Johnson has changed his tune.(Erin Schaff, Pool via AP)
January 14, 2021 - 2:32 am
LONDON (AP) — British Prime Minister Boris Johnson has said a lot of nice things about Donald Trump over the years, from expressing admiration for the U.S. president to suggesting he might be worthy of the Nobel Peace Prize. But after a mob of Trump supporters invaded the U.S. Capitol on Jan. 6,...
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January 13, 2021 - 10:29 pm
BEIJING (AP) — China’s exports rose in 2020 despite pressure from the coronavirus pandemic and a tariff war with Washington, boosting its politically volatile trade surplus to $535 billion, one of the highest ever reported. Exports rose 3.6% over 2019 to $2.6 trillion, an improvement over 2019’s 0...
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