Articles filed under Economy
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McConnell stimulus plan: $1,200 per person under $75K income thresholdMar 19, 2020 1:00 am - WASHINGTON - Senate Majority Leader Mitch McConnell proposed direct payments of $1,200 per person and $2,400 for couples as part of an initial Republican response Thursd...
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Treasury proposal: Deliver $500B to Americans starting AprilMar 18, 2020 1:00 am - WASHINGTON - The Treasury Department said Wednesday it wants to dedicate $500 billion to start issuing direct payments to Americans by early next month as the centerpiec...
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Trump invokes special powers to strengthen virus defensesMar 18, 2020 1:00 am - WASHINGTON - Confronting twin health and economic crises, President Donald Trump said Wednesday he will invoke emergency powers to marshal critical medical supplies agai...
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Layoffs intensify, leading to soaring unemployment claims as coronavirus closures continueMar 18, 2020 1:00 am - Layoffs are continuing to mount by the tens of thousands, prompting a surge of applications at unemployment offices nationwide, as coronavirus brings more of the U.S. ec...
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Trump invokes emergency authority; Big 3 automakers closingMar 18, 2020 1:00 am - MINNEAPOLIS - President Donald Trump on Wednesday moved to invoke emergency authority to marshal industry to fight the coronavirus, as the economic fallout from the cris...
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Constable: Coronavirus rekindles memories of past fears, unknowns we have overcomeMar 16, 2020 1:00 am - This Coronavirus Era is going to be remembered for the rest of our lives. All major sporting events abruptly coming to a halt. Schools closed and colleges sending studen...
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How companies have campaigned against sick pay for yearsMar 15, 2020 6:11 am - Marty Flynn knows Orlando's restaurants. The son of a bartender is 29 and has already worked at six. Chili's. Bahama Breeze. Crave. Johnnie's Hideaway. The Meatball Stop...
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State unemployment hits record low in JanuaryMar 12, 2020 1:00 am - Unemployment in Illinois dropped to a record low 3.5 percent in January, the Illinois Department of Employment Security announced Thursday. The unemployment rate fell tw...
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Analysis: Lack of paid sick in U.S. leave will make the coronavirus worseMar 08, 2020 6:00 am - The United States is one of the few wealthy democracies in the world that does not mandate paid sick leave. As a result, roughly 25% of American workers have none, leavi...
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U.S. stocks decline after Powell's virus warningMar 03, 2020 12:00 am - U.S. stocks declined and Treasuries surged as investors worried the Federal Reserve's emergency cut won't be enough to combat the economic impact of the coronavirus. The...