ECONOMY

Fed Wraps Up Policy Meeting Over Ways To Fortify Economy Shaken By The Pandemic

4:05pm July 29, 2020

by Scott Horsley

The Federal Reserve wrapped up a two-day policy meeting Wednesday. The central bank has moved aggressively to prop up the economy, but Fed Chairman Jerome Powell said more help might be needed.

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Gov. Hogan On The Coronavirus Cases In Maryland And The State's Economy

4:19pm July 28, 2020

NPR's Ailsa Chang talks with Maryland Gov. Larry Hogan about how the coronavirus has affected his state's economy and how he's planning to approach budget shortfalls at the start of a new fiscal year.

Sen. Capito On The Latest Coronavirus Relief Package

3:52pm July 28, 2020

NPR'S Ari Shapiro talks with Sen. Shelley Moore Capito, R-W.Va., about the Senate GOP coronavirus relief package.

GOP Relief Bill Sets The Stage For A Showdown With Democrats

7:37am July 28, 2020

by Claudia Grisales

After lengthy negotiations, Senate Republicans rolled out their plan for the next wave of coronavirus aid. Under it, supplemental unemployment payment would fall to $200 per week through September.

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News Brief: GOP Relief Bill, Hospital Bed Capacity, MLB Postponements

7:04am July 28, 2020

After delays, Republicans roll out pandemic relief bill. The crisis is overwhelming public health capacity in many states. And, Major League Baseball postpones 3 games after a coronavirus outbreak.

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A woman wearing a mask to prevent the spread of the coronavirus rides a bike in front of the U.S. Capitol in Washington, D.C., on April 9.

Should We Shield Businesses From COVID-19 Lawsuits?

6:30am July 28, 2020

by Greg Rosalsky

The debate over liability and the coronavirus.

As the pandemic wreaks havoc in the U.S., snatching millions of jobs, the $600 weekly pandemic unemployment payments have single-handedly changed the economic equation in America.

$600 A Week: Poverty Remedy Or Job Slayer?

9:37pm July 27, 2020

by Pallavi Gogoi

The $600 weekly pandemic unemployment payments have single-handedly changed the economic equation in America as people earn more staying home than they did in the jobs they lost.

Gold bars are stacked in a vault at the United States Mint, in West Point, N.Y., in 2014. The settlement price for gold futures reached a record high of $1,931 per ounce Monday — and many analysts predict the price will head even higher.

Economy

Economic Uncertainty Drives Gold Price To A Record High

7:03pm July 27, 2020

by Ashish Valentine

Gold has soared nearly 30% this year, reaching a record settlement price of $1,931 per ounce Monday. Many analysts see it heading even higher as investors look for a "safe haven."

Pandemic Puts An End To The 'Lipstick Index'

4:07pm July 27, 2020

The "lipstick index" was a way for experts to measure how women spent money during hard times. But lipstick use has gone down as the pandemic has made women stay home more and wear masks in public.

Senate GOP To Release $1 Trillion Coronavirus Relief Bill

4:07pm July 27, 2020

by Claudia Grisales

Senate Republicans will unveil a $1 trillion coronavirus relief bill on Monday. It has money for schools, businesses and testing. The measure is a starting point for negotiations with Democrats.