Economic policy

FILE - In this March 16, 2020 file photo, chairs hang stacked on empty tables at a closed restaurant in New York. Small business owners across the country waited again Wednesday, April 8, to receive loan money under the government’s $2 trillion coronavirus relief program. Despite a few reports that some companies had received their loans, the vast majority of the hundreds of thousands of owners who began applying for the loans on Friday were still in limbo. (AP Photo/Yuki Iwamura, File)
April 09, 2020 - 2:31 am
NEW YORK (AP) — Speed is of the essence if a federal relief program for small businesses is going to be effective in combating the damage wrought by the coronavirus lockdowns. Yet, days into the program, many Main Street businesses are still waiting for the cash infusion necessary to stay alive...
Read More
Treasury Secretary Steven Mnuchin and President Donald Trump listen to a question during a conference call with banks on efforts to help small businesses during the coronavirus pandemic, at the White House, Tuesday, April 7, 2020, in Washington. (AP Photo/Evan Vucci)
April 08, 2020 - 6:57 pm
WASHINGTON (AP) — Congress is rushing headlong into a conflict over the next coronavirus aid package as the White House wants to pump $250 billion into a small business fund but opposes Democrats' proposal to tack on billions for protective gear, food stamps and support to state and local...
Read More
FILE - In this April 3 2020 file photo, customers, some wearing face masks, line up outside a Wells Fargo branch in the Atwater Village neighborhood of Los Angeles during the coronavirus outbreak. The Federal Reserve is lifting its lending restrictions on Wells Fargo, Wednesday, April 8, to allow it to make more loans that fall under the $349 billion Paycheck Protection Program and the Fed’s upcoming own small business lending program. The Fed has had Wells under a tight leash due to the bank’s prior scandalous behavior, including the opening of millions of fake accounts (AP Photo/Damian Dovarganes, File)
April 08, 2020 - 12:20 pm
NEW YORK (AP) — The Federal Reserve is lifting its lending restrictions on Wells Fargo after some of the bank's thousands of small business customers were shut out of a program that's supposed to throw them a financial lifeline. The Fed's action will allow Wells to make more loans under the $349...
Read More
German Economy Minister Peter Altmaier, left, and German Finance Minister and Vice-Chancellor Olaf Scholz arrive to give a press conference on an aid package in response to the COVID-19 coronavirus pandemic, in Berlin, Monday April 6, 2020. Restrictions on civil liberties and social restrictions have been imposed in many countries as the highly contagious COVID-19 coronavirus sweeps the globe. (John Macdougall/Pool via AP)
April 08, 2020 - 4:28 am
BRUSSELS (AP) — European governments remained at loggerheads Wednesday over measures to help the economy weather the coronavirus outbreak, breaking off a meeting of finance officials who clashed over aid conditions and a proposal to borrow together to pay for the health crisis. Finance ministers...
Read More
President Donald Trump listens during a conference call with banks on efforts to help small businesses during the coronavirus pandemic, at the White House, Tuesday, April 7, 2020, in Washington. (AP Photo/Evan Vucci)
April 07, 2020 - 8:58 pm
WASHINGTON (AP) — President Donald Trump is moving aggressively to challenge the authority and independence of agency watchdogs overseeing his administration, including removing the inspector general tasked with overseeing the $2.2 trillion coronavirus rescue package that passed Congress with...
Read More
In this April 6, 2020 photo, a sign at The Anthem music venue reads "We'll Get Thru This" at the wharf which is almost completely empty because of the coronavirus outbreak in Washington. The coronavirus pandemic has gut-punched global markets, put 6.6 million Americans out of work and raised the strong likelihood of a recession. But in the Washington lobbying world, business is booming. (AP Photo/Andrew Harnik)
April 07, 2020 - 2:03 pm
WASHINGTON (AP) — The coronavirus pandemic has gut-punched global markets, put 6.6 million Americans out of work and raised the strong likelihood of a recession. But in the Washington lobbying world, business is booming. Companies, interest groups and entire industries are seeking help from...
Read More
FILE - In this Feb. 6, 2020, file photo, Speaker of the House Nancy Pelosi, D-Calif., talks during a news conference at the Capitol in Washington. President Donald Trump and Pelosi have not spoken in five months at a time when the nation is battling its worst health crisis in a century. (AP Photo/J. Scott Applewhite, File)
April 06, 2020 - 10:59 pm
WASHINGTON (AP) — Congressional leaders are jolting ahead with another coronavirus rescue package as President Donald Trump indicated Monday that Americans will need more aid during the stark pandemic and economic shutdown. House Speaker Nancy Pelosi said another $1 trillion is needed, beyond the...
Read More
Japanese Prime Minister Shinzo Abe takes off mask as he speaks to reporters at the prime minister's official residence in Tokyo Monday, April 6, 2020. Abe said that he will declare a state of emergency for Tokyo and six other prefectures as early as Tuesday, April 7, to bolster measures to fight the coronavirus outbreak, but that there will be no hard lockdowns.(Yoshitaka Sugawara/Kyodo News via AP)
KNSS News
April 06, 2020 - 9:07 am
TOKYO (AP) — Japanese Prime Minister Shinzo Abe said that he will declare a state of emergency for Tokyo and six other prefectures as early as Tuesday to bolster measures to fight the coronavirus, but that there will be no hard lockdowns. Abe also told reporters Monday that his government will...
Read More
Mexican President Andres Manuel Lopez Obrador speaks at the National Palace in Mexico City, Sunday, April 5, 2020. López Obrador spoke to the nation about his economic recovery plan. The President, however, has labeled the situation a "transitory crisis" and says things will be good again soon. Mexico's government has broadened its shutdown of "non essential activities," and prohibited gatherings of more than 50 people as a way to help slow down the spread of COVID-19. (AP Photo / Eduardo Verdugo)
April 05, 2020 - 7:12 pm
MEXICO CITY (AP) — Mexican President Andrés Manuel López Obrador said Sunday there will be no huge economic stimulus program as the country faces the threat of coronavirus-induced crisis almost certainly unlike any it has seen in the past century. Instead, the administration will expand social...
Read More
President Donald Trump hands a pen to Senate Majority Leader Mitch McConnell of Ky., after signing the coronavirus stimulus relief package in the Oval Office at the White House, Friday, March 27, 2020, in Washington. From left, White House chief economic adviser Larry Kudlow, Treasury Secretary Steven Mnuchin, McConnell, Trump, House Minority Leader Kevin McCarty, R-Calif., and Vice President Mike Pence. (AP Photo/Evan Vucci)
April 01, 2020 - 8:19 pm
WASHINGTON (AP) — President Donald Trump aims to shovel $2.2 trillion into the U.S. economy over the next few weeks to try to cushion its free fall. But that means putting his fate in the hands of banks, profit-minded businesses and government bureaucrats he has frequently derided, along with a man...
Read More

Pages