Latest from Associated Press

• Oct 29, 2020

  U.S. economy rebounded to grow at record 33% annual rate last quarter

  

  Yet the recovery from the deepest recession since the Great Depression of the 1930s remains far from complete.

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• Oct 28, 2020

  S&P 500 sinks 3.5% as surging virus cases threaten shutdowns

  

  Surging coronavirus cases in the U.S. and Europe threaten more business shutdowns.

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• Oct 23, 2020

  Pandemic economy, relief factor heavily in second Trump-Biden debate

  

  The presidential race has been dominated by Trump’s response to the pandemic and its economic fallout.

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• Oct 22, 2020

  Unemployment claims drop to 787,000, but layoffs remain high

  

  The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels. With confirmed infections having neared 60,000 in the past week, the highest level since July, many consumers have been unable or reluctant to shop, travel, dine […]

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• Oct 21, 2020

  OxyContin maker Purdue Pharma to plead to 3 criminal charges

  

  The drugmaker will also pay a settlement of more than $8 billion, the Justice Department announced Wednesday.

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• Oct 20, 2020

  Justice Dept. files landmark antitrust lawsuit against Google

  

  It could be an opening salvo ahead of other major government antitrust actions, given ongoing investigations of Apple, Amazon and Facebook.

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• Oct 16, 2020

  Awash in red ink: U.S. posts record $3.1T 2020 budget deficit

  

  The federal deficit for 2020 was three times the size of last year’s deficit. It was the government’s largest annual shortfall in dollar terms.

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• Oct 15, 2020

  Weekly unemployment claims inch up to 898,000

  

  It’s another week of evidence that layoffs remain a hindrance to the economy’s recovery.

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• Oct 12, 2020

  2 Americans win Nobel prize in economics for auction theory

  

  Americans Paul R. Milgrom and Robert B. Wilson won the Nobel Prize in economics on Monday for “improvements to auction theory and inventions of new auction formats.”

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• Oct 9, 2020

  White House ups offer in virus aid before talks with Pelosi

  

  House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin resumed negotiations on a new stimulus package Friday afternoon.

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