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US Layoffs Remain Elevated as 837,000 Seek Jobless Aid

The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.

October 1, 2020

Mnuchin Says There Is Still No Agreement on Fiscal Stimulus

U.S. Treasury Secretary Steven Mnuchin said there’s still no agreement on a fresh fiscal stimulus package after he met for about 90 minutes with House Speaker Nancy Pelosi.

September 30, 2020

Biden Emphasizes Infrastructure Resilience, Electrification in Debate

Under his administration the highways of tomorrow would consist of thousands of charging stations for fleets of electric vehicles, former Vice President Joe Biden insisted during his first debate with incumbent President Donald Trump.

September 30, 2020

Boeing Tempers Hoopla on Max’s Return After Crisis ‘Dug a Hole’

Boeing Co. is plotting a low-key comeback for the 737 Max, the grounded jetliner that has spent almost two years engulfed in controversy and tragedy after two fatal crashes, said people familiar with the matter.

September 30, 2020

Airlines Near 50,000 Job Cuts as American, United Feel Squeeze

U.S. airlines are preparing to lay off tens of thousands of workers starting Oct. 1 unless they get additional federal aid, sparking a plea from Treasury Secretary Steven Mnuchin to hold off on the cuts amid signs of progress in talks with Congress.

September 30, 2020

US Senate Advances Spending Bill to Avert Oct. 1 Shutdown

The Senate on Sept. 29 voted 82-6 to clear a procedural vote on the stopgap spending bill needed to prevent an Oct. 1 shutdown of the federal government.

September 30, 2020

Mnuchin Sees One More Chance for Stimulus as House Readies Vote

Treasury Secretary Steven Mnuchin said he sees one more chance at securing a deal with Democrats on another fiscal stimulus package, while stopping short of embracing a bigger proposal than President Donald Trump already has signaled.

September 30, 2020

749,000 Jobs Were Added in September, ADP Report Shows

U.S. companies added 749,000 jobs in September, a private report showed, indicating the labor market’s gradual rebound is continuing as demand rises from the depths of the coronavirus pandemic.

September 30, 2020

Los Angeles Continues to Study Congestion Pricing’s Potential

The Los Angeles County Metropolitan Transportation Authority is proceeding with outreach efforts as it explores the potential of a congestion pricing pilot program for the region.

September 30, 2020

Labor Department Seeks to Clarify Independent Contractor Status

The U.S. Department of Labor has issued a proposal to revise interpretation of independent contractor status under the Fair Labor Standards Act to “promote certainty for stakeholders, reduce litigation and encourage innovation in the economy.â€

September 30, 2020