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US retail sales plunged a record 16% in April as virus hit

US retail sales plunged a record 16% in April as virus hit

AP NEWS https://apnews.com/article/virus-outbreak-us-news-business-ap-top-news-economy-e95a6d2d0a721fcffb4efb9435b84f4fClick to copyhttps://apnews.com/article/virus-outbreak-us-news-business-ap-top-news-economy-e95a6d2d0a721fcffb4efb9435b84f4fClick to copyRelated topicsBALTIMORE (AP) — U.S. retail sales tumbled by a record 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened the viability of stores across the country and further weighed down a sinking economy.The Commerce Department’s report Friday on retail purchases showed a sector that...

May 15, 2020
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ADP: More than 20 million jobs vanished in April

ADP: More than 20 million jobs vanished in April

AP NEWS https://apnews.com/article/virus-outbreak-mark-zandi-us-news-business-ap-top-news-e15c0d5c75b2079bb25847eeb4ca317fClick to copyhttps://apnews.com/article/virus-outbreak-mark-zandi-us-news-business-ap-top-news-e15c0d5c75b2079bb25847eeb4ca317fClick to copyRelated topicsBALTIMORE (AP) — U.S. businesses cut an unprecedented 20.2 million jobs in April, an epic collapse with coronavirus outbreak closing the offices, factories, schools, construction sites and stores that propel the U.S. economy.The Wednesday report from payroll company ADP showed the tragic depth and scale of job losses...

May 6, 2020
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Biden expanding summer food program for 34M schoolchildren

Biden expanding summer food program for 34M schoolchildren

AP NEWS https://apnews.com/article/health-lifestyle-business-government-and-politics-tom-vilsack-13d39187a2ce24cdec7a526e87cd9375Click to copyhttps://apnews.com/article/health-lifestyle-business-government-and-politics-tom-vilsack-13d39187a2ce24cdec7a526e87cd9375Click to copyRelated topicsWASHINGTON (AP) — The Biden administration is expanding a program to feed as many as 34 million schoolchildren during the summer months, using funds from approved in March.The Agriculture Department is announcing Monday that it will continue through the summer a payments program that replaced school meals...

April 26, 2021
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Biden wants infrastructure deal, but GOP doubts persist

Biden wants infrastructure deal, but GOP doubts persist

close This copy is for your personal non-commercial use only. To orderpresentation-ready copies of Toronto Star content for distributionto colleagues, clients or customers, or inquire aboutpermissions/licensing, please go to: WASHINGTON - President Joe Biden wants Congress to know he’s sincere about cutting a deal on infrastructure, but Republican lawmakers have deep-seated doubts about the scope of his proposed package, its tax hikes and Biden’s premise that this is an inflection point for the U.S. as a world power.Biden met Monday afternoon with a bipartisan group of lawmakers and tried...

April 12, 2021
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Biden wants infrastructure deal, but GOP doubts persist

Biden wants infrastructure deal, but GOP doubts persist

AP NEWS https://apnews.com/article/joe-biden-us-news-6b5adef4ce58bc768d94f525810bf775Click to copyhttps://apnews.com/article/joe-biden-us-news-6b5adef4ce58bc768d94f525810bf775Click to copyRelated topicsWASHINGTON (AP) — President Joe Biden wants Congress to know he’s sincere about cutting a deal on infrastructure, but Republican lawmakers have deep-seated doubts about the scope of his proposed package, its tax hikes and Biden’s premise that this is an inflection point for the U.S. as a world power.Biden met Monday afternoon with a bipartisan group of lawmakers and tried to assure them that...

April 12, 2021
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Biden budget seeks more for schools, health care and housing

Biden budget seeks more for schools, health care and housing

AP NEWS https://apnews.com/article/joe-biden-health-immigration-coronavirus-pandemic-environment-55535ee60749fc9c46ff121472d95203Click to copyhttps://apnews.com/article/joe-biden-health-immigration-coronavirus-pandemic-environment-55535ee60749fc9c46ff121472d95203Click to copyRelated topicsWASHINGTON (AP) — President Joe Biden released a for his first federal budget, asking for substantial gains for Democratic priorities including education, health care, housing and environmental protection.The request by the White House budget office Friday for an 8.4% increase in agency operating budgets...

April 10, 2021
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Biden budget seeks more for schools, health care and housing

Biden budget seeks more for schools, health care and housing

AP NEWS https://apnews.com/article/joe-biden-health-immigration-coronavirus-pandemic-environment-369a51d4fc79c20f9c4a57f7961b8e4dClick to copyhttps://apnews.com/article/joe-biden-health-immigration-coronavirus-pandemic-environment-369a51d4fc79c20f9c4a57f7961b8e4dClick to copyRelated topicsWASHINGTON (AP) — President Joe Biden released a for his first federal budget Friday, asking for substantial gains for Democratic priorities including education, health care, housing and environmental protection.The request by the White House budget office for an 8.4% increase in agency operating budgets...

April 9, 2021
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US Treasury: 156 million coronavirus relief payments issued

US Treasury: 156 million coronavirus relief payments issued

AP NEWS https://apnews.com/article/joe-biden-personal-taxes-coronavirus-pandemic-595a907a9977519ddfa1efcd224ba779Click to copyhttps://apnews.com/article/joe-biden-personal-taxes-coronavirus-pandemic-595a907a9977519ddfa1efcd224ba779Click to copyRelated topicsWASHINGTON (AP) — The Treasury Department said Wednesday it has issued more than 156 million payments as part of , including 25 million payments that were primarily to Social Security beneficiaries who hadn’t filed 2019 or 2020 tax returns.The direct payments of as much as $1,400 per person were the cornerstone promise of to contain the...

April 7, 2021
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Biden's 'jobs Cabinet' to sell infrastructure as GOP resists

Biden's 'jobs Cabinet' to sell infrastructure as GOP resists

AP NEWS https://apnews.com/article/joe-biden-politics-climate-climate-change-mitch-mcconnell-8a0046d1e39f5b6c815dfb8f938ac383Click to copyhttps://apnews.com/article/joe-biden-politics-climate-climate-change-mitch-mcconnell-8a0046d1e39f5b6c815dfb8f938ac383Click to copyRelated topicsWASHINGTON (AP) — President Joe Biden is setting about convincing America it needs his $2.3 trillion infrastructure plan, deputizing a five-member “jobs Cabinet” to help in the effort. But the enormity of his task is clear after Senate Minority Leader Mitch McConnell’s vowed to oppose the plan “every step of the...

April 2, 2021
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US shoppers returned with vigor in May in partial rebound

US shoppers returned with vigor in May in partial rebound

AP NEWS https://apnews.com/article/virus-outbreak-us-news-business-ap-top-news-economy-93e8e62393993ae78cb0df88f95d3951Click to copyhttps://apnews.com/article/virus-outbreak-us-news-business-ap-top-news-economy-93e8e62393993ae78cb0df88f95d3951Click to copyRelated topicsBALTIMORE (AP) — American shoppers ramped up their spending on store purchases by a record 17.7% from April to May, delivering a dose of energy for retailers that have been reeling since the coronavirus shut down businesses, flattened the economy and paralyzed consumers during the previous two months.The Tuesday showed that...

June 16, 2020
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