Apr 28, 2020 | Finance, Politics
LIBERTY, Mo. (AP) — A duck boat sinking on a Missouri lake that killed 17 people two summers ago likely would not have happened if the U.S. Coast Guard had followed recommendations to improve the safety of such tourist attractions, federal safety regulators said...
Apr 28, 2020 | Finance, Politics
NEW YORK (AP) — The government says it has approved an additional $50 billion in loans to small businesses, although banks are complaining that a bottleneck at the Small Business Administration is severely slowing the process. Banking industry groups said Tuesday that...
Apr 27, 2020 | Finance, Politics
WASHINGTON (AP) — The Federal Reserve has largely calmed turbulent financial markets. Yet a far tougher task remains: Helping rescue an economy and job market that appear to be free-falling into the worst catastrophe since the Great Depression. Fed policymakers will...
Apr 24, 2020 | Finance, Politics
WASHINGTON (AP) — Spend what it takes, Washington said as it confronted the coronavirus. Well over $2 trillion later, it’s unclear where that spending will end.One of the lasting legacies of the coronavirus pandemic will be staggering debts and deficits on the U.S....
Apr 22, 2020 | Finance, Politics
WASHINGTON (AP) — Congress is on the verge of passing an almost $500 billion coronavirus relief bill, but battle lines already are forming over the next measure amid growing demands to approve additional billions for state and local governments, the Postal Service and...
Apr 21, 2020 | Finance, Politics
NEW YORK (AP) — Oil prices crumpled even further Tuesday, and U.S. stocks sank to their worst loss in weeks as worries swept markets worldwide about the economic carnage caused by the coronavirus pandemic. The market’s spotlight was again on oil, where prices have...