Economy

President Biden signs an executive order Thursday at the White House.

Biden Aims To Close Loopholes In Federal 'Buy American' Provisions

6:32pm January 25, 2021

by Ayesha Rascoe

The measure is part of President Biden's promised push to boost U.S. manufacturing and continues his efforts to sign a slew of executive actions during his first days in office.

Supporters rally outside the U.S. Treasury Department in 2019 to demand that American abolitionist Harriet Tubman's image be put on the $20 bill.

Biden Administration Will 'Speed Up' Efforts To Put Harriet Tubman On $20 Bill

4:27pm January 25, 2021

by Laurel Wamsley

Press secretary Jen Psaki said it's important that "our money ... reflect the history and diversity of our country." The effort to redesign the $20 bill foundered during the Trump administration.

Anna Romero had to quit her part-time job during the coronavirus pandemic to care for her husband, Ivan, who has dementia.

Some Seniors Face Shrinking Nest Eggs As They Care For Loved Ones During Pandemic

2:33pm January 25, 2021

by Sally Herships

Many senior citizens entered their golden years with more debt than previous generations, and now they're struggling financially as they try to provide care for an ailing relative during the pandemic.

Economy

The Economy Aboard The International Space Station

3:45pm January 22, 2021

For astronauts living at the International Space Station, money is practically useless. There's nowhere to spend it. Instead astronauts developed a functioning barter economy.

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How Biden's Pandemic Plan Could Affect The Economy

7:39am January 22, 2021

by Scott Horsley

President Biden has outlined an aggressive plan to gain control over the coronavirus pandemic, which continues to weigh heavily on the U.S. economy.

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News Brief: Vaccine Rollout, State Of The Economy, Biden's Education Plan

5:15am January 22, 2021

The U.S.' coronavirus vaccine rollout continues to be difficult. A look at the state of the economy as Biden begins his presidency. And, Biden wants to open schools as soon as possible.

President Biden swears in presidential appointees during a virtual ceremony in the State Dining Room of the White House on Wednesday. Data on Thursday showed new claims for state unemployment benefits reached 900,000, showcasing the weakening U.S. jobs pi

Unemployment Claims Stay Stubbornly High As Biden Takes Office

11:22am January 21, 2021

by Scott Horsley

New claims for state unemployment benefits dipped last week but remained high, showcasing the economic challenges facing President Biden.

Tenants' rights advocates protesting evictions during the pandemic in Boston this month. They want the Biden administration to not only extend, but also strengthen, an eviction order from the CDC aimed at keeping people in their homes during the outbreak.

Biden To Extend Order Limiting Pandemic Evictions

3:16pm January 20, 2021

by Chris Arnold

On his first day in office, the president plans to sign an executive order extending the CDC's moratorium on evictions. Housing advocates say the CDC rule needs to be strengthened.

President Biden Will Extend Student Loan Payment Freeze Through Sept. 30

3:14pm January 20, 2021

by Elissa Nadworny

He plans to ask the Education Department to extend pandemic relief for about 41 million federal student loan borrowers.

President-elect Joe Biden's pick to lead the Treasury Department, Janet Yellen, here in 2019, is urging greater federal spending to cope with the pandemic and to help boost the struggling economy.

Yellen Urges Congress To 'Act Big' To Prop Up Pandemic-Scarred Economy

5:57pm January 19, 2021

by Scott Horsley

At her confirmation hearing Tuesday, Treasury Secretary-designate Janet Yellen warned that without more federal help, the recession would last longer and be more painful than necessary.

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