US jobless claims decline to a still-high 900,000

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell slightly last week to 900,000, still a historically high level that points to ongoing job cuts in a raging pandemic. The Labor Department's report Thursday underscored that President Joe Biden has inherited an economy that...

US jobless claims dip to 900,000 as layoffs remain high with economy in grip of virus

AP FACT CHECK: Trump's fiction in his goodbye to Washington

WASHINGTON (AP) — In his final remarks as president, Donald Trump tried to take credit for accomplishments of his predecessor and even those to come under President Joe Biden. Falsehoods suffused his farewell remarks Wednesday morning and the night before, though he was spot on with this: “We were...

AP FACT CHECK: Trump's farewell falsehoods

On his way out, President Donald Trump claimed credit for things he didn't do and twisted his record on jobs, taxes, the pandemic and much more. Falsehoods suffused his farewell remarks to the country. As well, in noting Americans were “horrified” by the storming of the Capitol this month, he...

The Latest: China grapples with virus outbreaks in northeast

BEIJING — China is now dealing with coronavirus outbreaks across its frigid northeast, prompting additional lockdowns and travel bans. The country reported a total of 118 newly confirmed cases Tuesday — most of them in Jilin province, the Hebei region just outside Beijing and Heilongjiang province...

Biden's test: Engineering economic boom in a partisan divide

BALTIMORE (AP) — When Joe Biden entered the White House as vice president, the economy was cratering. Job losses were mounting. Stocks were crashing. Millions of Americans were in the early stages of losing their homes to foreclosure as the housing bubble burst. Biden returns to the White House as...

This Week: Netflix earns, jobless benefits, US home sales

A look at some of the key business events and economic indicators upcoming this week: BINGE THIS Wall Street expects that Netflix closed out 2020 with another solid quarter. The video streaming service has been riding a wave of popularity as people spend more time at home due to the pandemic. The company gained...

Deaths, self-immolation draw scrutiny on China tech giants

HONG KONG (AP) — E-commerce workers who kept China fed during the coronavirus pandemic, making their billionaire bosses even richer, are so unhappy with their pay and treatment that one just set himself on fire in protest. China’s internet industries already were known for long, demanding days. With...

Vaccines to stimulus checks: Here's what's in Biden plan

WILMINGTON, Del. (AP) — President-elect Joe Biden is proposing a $1.9 trillion plan to expand coronavirus vaccinations, help individuals and jump-start the economy. The plan, which would require congressional approval, is packed with proposals on health care, education, labor and cybersecurity. On Friday,...

Vaccines to stimulus checks: Here's what's in Biden plan

WILMINGTON, Del. (AP) — President-elect Joe Biden is proposing a $1.9 trillion plan to expand coronavirus vaccinations, help individuals and jump-start the economy. The plan, which would require congressional approval, is packed with proposals on health care, education, labor and cybersecurity. On Friday,...