Economy
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Annual inflation rate held steady in July at 2.7%: Labor Department
The annualized and monthly rates were in line with Wall Street expectations.
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Details pending on billions in foreign investments coming from trade deals
When Trump reached a deal with the 27-nation European Union, he said the EU would buy $750 billion
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U.S. Chamber warns of price increases as tariffs take effect
U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley said some of President Donald Trump's policies will drive economic growth, but that growth could be smothered by tariffs.
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Rebounding after brief slaughterhouse closings, U.S. meat industry now facing shortage of demand
The country was facing the possibility of meat shortages just last month
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Car rental giant Hertz files for bankruptcy as its vehicles remain idled by pandemic
Car giant was already saddled with debt before COVID-19 struck.
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After once calling the lockdowns 'inconvenient,' Fauci now says they may cause 'irreparable damage'
He still urged states to 'proceed with caution' when re-opening their economies
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As SBA works overtime to handle PPP, the agency's disaster loan program has trouble scaling up
The relatively small government agency has been attempting to quickly scale up to meet the massive influx in demand for emergency loans
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Senate bill bars Chinese companies that lie about finances from participating on U.S. exchanges
The bill applies to all foreign companies, but specifically targets the behavior of China.
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Volkswagen apologizes for Golf ad, removes it amid racism outcries - 'inappropriate'
The company vows to learn 'how something like this could have happened.'
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Unemployment claims went up another 2.4 million last week
States have begun providing unemployment benefits to self-employed and gig workers
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Mnuchin says those who won't accept job offers will lose their unemployment benefits
Over concerns that relief payments disincentivize returning to work.
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Uber lays off 3,000 as ridesharing plummets during pandemic
Rides were down 80% from last year as consumers stay home
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Carbon emissions down nearly 20% since lockdowns began
Possibly the largest drop in human history