ECONOMY

U.S. Job Market Gains Steam As COVID-19 Infection Rates Ease

9:07am March 05, 2021

by Scott Horsley

Forecasters expect today's jobs report to show an uptick in hiring last month, after a disappointing January. The report comes as Congress is weighing another $1.9 trillion in economic aid.

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The marquee of the IFC Center in Manhattan welcomes viewers back after being closed nearly one year

Economy

The Movie Industry Holds Its Breath As New York Reopens Theaters

4:56pm March 04, 2021

by Ryan Kailath

Movie theaters in New York City are reopening after nearly a year. And the decisions has consequences for the entire globaly output of Hollywood.

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Scotch whisky producers are welcoming news of a breakthrough on tariffs, which came as the industry adjusted to both Brexit and then the COVID-19 pandemic. Here, an employee rolls a whisky barrel at the Glenturret Distillery in Crieff, central Scotland, l

Scotch Whisky, English Cheese Prices Could Ease As U.S. Halts Tariffs

10:43am March 04, 2021

by Bill Chappell

Scotch whisky and other goods have been subject to a 25% tariff. The levies cost companies hundreds of millions of dollars in lost exports, according to the Scotch industry.

Economy

YouTube Influencer Develops Online Resource For People Living In Vehicles

7:21am March 04, 2021

For some people, giving up their house or apartment and living on the road is a choice. But for many Americans priced out of the housing and rental markets, living in a vehicle is a necessity.

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An employee makes respiratory masks in a family-owned medical equipment factory in Miami on Feb. 15. American manufacturers are thriving but they are running into an unexpected problem: finding critical supplies.

'It's Madness': American Factories Scramble To Secure Critical Supplies

10:39am March 03, 2021

by Scott Horsley

U.S. factories are thriving thanks to unexpectedly strong demand for all kinds of goods, but that is also leading to unexpected headaches.

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Rohit Chopra, Biden's pick to run the Consumer Financial Protection Bureau, told lawmakers at a remote hearing, "the financial lives of millions of Americans are in ruin." He's pictured here at a hearing in 2019.

Biden's Financial Watchdogs Would Be Tougher Cops On The Beat

6:04pm March 02, 2021

by Chris Arnold

Biden's picks to run the Consumer Financial Protection Bureau and Securities and Exchange Commission signaled in a Senate hearing they'd be tougher cops on the beat than their Trump era predecessors

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Economy

Belongings Sold At Auction As Missed Payments To Storage Sites Increase

7:26am March 02, 2021

by Ryan Kailath

Storage facilities are packed to capacity. But with the impact of the pandemic, a lot of people are failing to make payments. Every month, hundreds of them have their stored items auctioned.

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Biden Urges Senate To Move Quickly On COVID-19 Relief Plan

10:44am March 01, 2021

by Ayesha Rascoe

The House early Saturday passed President Biden's $1.9 trillion coronavirus relief package. Now the measure heads to the Senate.

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News Brief: Relief Package, Cuomo Comments, Myanmar Protester Deaths

5:52am March 01, 2021

Senate takes up the COVID-19 relief package. New York Gov. Cuomo promises to comply with an investigation into allegations of workplace harassment. Myanmar marks its most violent day since the coup.

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The Senate Democratic caucus will need support from all 50 of its members to deliver on the Biden administration's first major legislative priority.

House Passes $1.9 Trillion COVID-19 Plan; Biden Calls For 'Quick Action' From Senate

12:34pm February 27, 2021

by Chloee Weiner

The proposal, which would provide a new round of financial support for workers, families and businesses, will now advance to the Senate.