Raphael Bostic presented solutions to the racial economic consequences of the pandemic
Earlier this week, Raphael Bostic said that the Federal Reserve is an important part of the solution to the racial economic disparities caused by the COVID-19 pan...
Economist Timme Shpakman says that the EU economy could suffer from the transition to a new phase of relations with the UK without an agreement on what the relationship should be.
"Brexit's economic impact without a deal on ...
New York Gov. Andrew Cuomo warned Monday the state could move to shut down religious institutions that do not agree to comply with restrictions on mass gatherings during the coronavirus pandemic.
Cuomo, a Democrat, said state off...
American oil, gas and chemical companies axed 107,000 workers during the coronavirus crisis — and most of them won’t have their jobs back by the end of next year, a new study says.
Those job cuts imposed over just six months, from March ...
US President Donald Trump has walked back comments that seemed to suggest he was encouraging people to try to vote twice in the November 3 election.
Trump said people who vote early by mail should show up at polling places and vote ag...
Gov. Andrew M. Cuomo harshly criticized new federal guidelines from the Centers for Disease Control and Prevention that relax COVID-19 testing requirements, calling the change of direction "indefensible" and accusing the agency of bowing to...
With a common goal of booting President Trump from the White House in November’s general election, the progressive and moderate wings of the Democratic Party mostly presented an image of unity last week at the...
The economy’s rebound showed signs of stagnating. Then enhanced unemployment benefits and a small-business loan program expired.
America’s economic recovery is in an uneasy pause, with key indicators of hiring, shopping and investment st...
Providing more aid to struggling governments has become one of the biggest issues tangling up the debate over another pandemic rescue package.
The U.S. economy struggled to shake off the last recession, with historically slow growth and a labor mark...
Attorney General William Barr warned of a possible contested election if large-scale voting by mail is allowed this November and slammed lawmakers pushing the option as “grossly irresponsible.”
Barr said voting is one of the wa...
Gov. Cuomo announced Saturday that the state’s COVID-19 hospitalizations and ICU patients were at a new low since mid-March, and urged its residents to continue following the protocols that fueled New York’s declining coronavirus numbers....
A State Department employee who reported witnessing misconduct by Secretary of State Mike Pompeo as well as hearing “numerous firsthand accounts” of such behavior was blocked from further addressing the issue by top department o...
Presumptive Democratic nominee Joe Biden is increasing his public focus on the economy as concerns mount about jobs and economic recovery amid the coronavirus pandemic.
The former vice president will deliver remarks Tuesday in which he will outline ...
Former New York City Mayor Rudolph Giuliani bashed the current mayor, Bill de Blasio, on "Hannity" Friday, saying the incumbent's policies have undone the progress the city made under Giuliani and his successor Michael Bloomberg.
Giul...
The Catholic Church raked in at least $1.4 billion in taxpayer-backed loans meant to help small businesses survive the coronavirus pandemic, a new report says.
Catholic dioceses, parishes, schools and other entities made extensive use of a loophole ...
The New York City budget adopted early Wednesday cuts spending on cultural affairs by nearly 11 percent, a damaging blow after years where municipal spending on the arts had grown, but it was not as deep a gash as some had feared.
The redu...
Remdesivir, the first drug shown to be effective against the coronavirus, will be distributed under an unusual agreement with the federal government that establishes nonnegotiable prices and prioritizes American patients, health officials announ...
Wall Street’s major indexes dropped on Friday as the US set a new record for a one-day increase in coronavirus cases and bank stocks tumbled after the Federal Reserve decided to cap shareholder payouts.
The S&P 500 banks sub-index declined...
Confidence in the economic recovery has been called into question by investors. US markets on Wednesday lost more than 2.6%, and Hong Kong indices are falling. However, there are several notable exceptions.
The Shanghai Stock Exchange 50 blue-chip i...
President Trump said he resisted punishing China for its mass internment of ethnic Uighurs last year for fear of jeopardizing trade talks with Beijing, a blunt admission of his transactional approach to human rights and willingness to subordinate oth...
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