President Donald Trump answers question during a press conference at the White House on Wednesday. AFP/Getty Images President Donald Trump said Wednesday he would support additional aid for airlines to keep workers on payroll. The president was asked about a plan from more than a dozen Republican senators to provide …
Read More »Capitol Report: White House, Democrats agree to try to reach coronavirus-aid deal by week’s end
Treasury Secretary Steven Mnuchin speaks to the media as White House chief of staff Mark Meadows listens Tuesday at the U.S. Capitol. Getty Images After more than a week of almost daily face-to-face meetings, Trump administration officials and congressional Democratic leaders have agreed to try to reach a coronavirus-aid bill …
Read More »Capitol Report: Trump scraps Jacksonville portion of Republican National Convention, calls for vigilance in battling coronavirus outbreak
President Donald Trump said Thursday that he was scrapping the Jacksonville, Fla.-component of the Republican National Convention that was scheduled for late next month, underscoring an apparent reversal of tone and approach to the viral pandemic that has crippled much of the country for months. The president said he would …
Read More »Economic Report: U.K. debt-to-GDP reaches highest level since 1961
Britain’s Chancellor of the Exchequer Rishi Sunak talks with staff as he visits a Jobcentre Plus in Barking, east London on July 16, 2020. anthony upton/Agence France-Presse/Getty Images Britain has racked up debt as its economy has cratered, sending its debt-to-GDP ratio to the highest level since 1961, according to …
Read More »Key Words: 15 women accuse Washington’s NFL team of rampant sexual harassment in front office: report
“ “I have never been in a more hostile, manipulative, passive-aggressive environment … and I worked in politics.” ” That’s Julia Payne, a former vice president of communications with Washington, D.C.’s, NFL team, quoted in a Washington Post report late Thursday describing a “nightmare” workplace for women amid a team …
Read More »Economic Report: As many as 500,000 were furloughed without pay in the U.K. in May
A sign informing shoppers that the shop is temporarily closed is displayed outside a John Lewis store in Oxford Street, central London on July 2, 2020. (Photo by Ben STANSALL / AFP) (Photo by BEN STANSALL/AFP via Getty Images) ben stansall/Agence France-Presse/Getty Images Between 450,000 and 500,000 people were furloughed …
Read More »Economic Report: Jobless claims fall to four-month low of 1.31 million in early July, but layoffs still high
The numbers: The number of initial jobless claims fell by almost 100,000 in early July to a four-month low 1.31 million, but the pace of layoffs is still quite high and appears to be bogging down an economic recovery from the coronavirus pandemic. Initial jobless claims, a rough gauge of …
Read More »IPO Report: Albertsons is giving an IPO another try — here are 5 things to know about the grocer
With food-at-home in high demand due to the coronavirus pandemic, Albertsons Cos. has filed paperwork to go public. Albertsons is expected to start trading on the New York Stock Exchange on Friday under the ticker symbol “ACI.” Late Thursday, the company priced its IPO at $ 16 a share, lower …
Read More »Capitol Report: Ocasio-Cortez thanks ‘TikTok teens’ who ‘tricked’ Trump campaign
Kids these days. Donald Trump’s big campaign rally in Tulsa wasn’t quite as big as promised, with the man leading the president’s re-election efforts explaining away the no-shows. “Radical protestors, fueled by a week of apocalyptic media coverage, interfered with @realDonaldTrump supporters at the rally,” Brad Parscale explained. “They even …
Read More »