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FILE - In this Sept. 25, 2019, file photo, The White House is seen from the Ellipse in Washington. Forty lobbyists with ties to President Donald Trump helped their clients secure over $10 billion in federal coronavirus aid. Among them are five former administration officials whose lobbying work potentially violates an ethics order Trump issued after taking office.  (AP Photo/Carolyn Kaster, File)

Trump-connected lobbyists reap windfall in federal virus aid

Jul. 6, 2020 10:19 PM EDT

WASHINGTON (AP) — Forty lobbyists with ties to President Donald Trump helped clients secure more than $10 billion in federal coronavirus aid, among them five former administration officials whose work potentially violates Trump's own ethics policy, according to a report. The lobbyists identified Monday by...

FILE - This Sept. 15, 2019, file photo shows The Greenbrier resort nestled in the mountains in White Sulphur Springs, W.Va. At least six of billionaire West Virginia Gov. Jim Justice family entities received the Paycheck Protection Program loans, meant to keep small businesses afloat during the coronavirus pandemic, including the governor’s lavish resort The Greenbrier, as well as The Greenbrier Sporting Club, an exclusive members-only club linked to the resort. (AP Photo/Steve Helber, File)

Governors' companies among recipients of virus relief loans

Jul. 6, 2020 9:33 PM EDT

COLUMBUS, Ohio (AP) — Governors who ordered shutdowns as their states responded to the coronavirus pandemic were among millions of beneficiaries of the loan program created to help small businesses weather COVID-19's effect on the economy, data released Monday show. The governors of at least eight states...

Lawsuit accuses property managers of ageist Facebook ads

Jul. 1, 2020 5:09 PM EDT

SILVER SPRING, Md. (AP) — Some of the nation’s leading property management companies deliberately excluded older people from seeing Facebook advertisements for dozens of apartment complexes in the Washington, D.C., area, a housing watchdog alleged in a lawsuit filed Wednesday. The Housing Rights...

White man charged with pointing gun at Black homeowner

Jun. 30, 2020 6:15 PM EDT

MIAMI (AP) — A white Florida man has been charged after he pointed a gun at a Black homeowner and accused the other man of stealing a flyer from his own mailbox, authorities said. Joseph Max Fucheck, 58, faces felony charges of aggravated assault with a firearm with prejudice and possession of a firearm by...

FILE - In this June 20, 2018, file photo, an

US pending home sales see record-breaking rebound in May

Jun. 29, 2020 10:53 AM EDT

SILVER SPRING, Md. (AP) — The number of Americans signing contracts to buy homes rebounded a record 44.3% in May after a record-breaking decline the previous month, as the impact of the coronavirus pandemic sidelined both buyers and sellers. The National Association of Realtors said Monday that its index...

FILE - In this Oct. 23, 2019 file photo, developer Danny Gaekwad talks about the roof top bar on his Hilton Garden Inn hotel that is presently under construction  in Ocala, Fla.  Since the coronavirus crisis started, hotel owners say they are struggling to get relief on a type of loan that Wall Street investors buy.  [Doug Engle/Ocala Star-Banner via AP)

Wall Street-owned loans tricky for hoteliers in virus era

Jun. 25, 2020 10:21 AM EDT

ORLANDO, Fla. (AP) — Hotel owner and developer Danny Gaekwad survived steep drops in business after the 9/11 attacks and the recession of the late 2000s, but nothing prepared him for the revenue tailspin that followed lockdowns and travel restrictions in March to stop the spread of the new coronavirus. At...

How New Grads Can Handle 3 Essential Post-College Questions

Jun. 24, 2020 1:51 PM EDT

Life after graduation is always an unknown. But the coronavirus pandemic has added even more uncertainty for the nearly 4 million students expected to receive college degrees in 2019-20, according to the National Center for Education Statistics. “I feel like when you graduate, you go out into the real...

In this May 12, 2020 photo, a storefront displays

Virus pummels commercial real estate, could end long boom

Jun. 24, 2020 8:27 AM EDT

NEW YORK (AP) — Americans are likely to see more “for rent” signs in the coming months as many businesses devastated by the coronavirus pandemic abandon offices and storefronts and potentially end a long boom in the nation's commercial real estate market. Hotels, restaurants and stores that...

Model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa., Wednesday, March 18, 2020. U.S. home sales jumped in February to their highest level in 13 years, a trend that will almost certainly be reversed as the viral outbreak keeps more people at home.  (AP Photo/Keith Srakocic)

Existing home sale plunge 9.7% in 3rd straight monthly drop

Jun. 22, 2020 10:34 AM EDT

WASHINGTON (AP) — Existing home sales in the U.S. plunged 9.7% in May. It was the third straight monthly decline and further evidence of the harm the virus pandemic has done to the housing market. The National Association of Realtors said Monday that the monthly decline pushed sales down to a seasonally...

This May 22, 2020 photo shows a sold sign in front of a house in Brighton, N.Y.  On Thursday, May 28, long-term U.S. mortgage rates fell this week as the key 30-year home loan marked an all-time low for the third time in the last few months since the coronavirus outbreak took hold. Mortgage buyer Freddie Mac reports that the average rate on the 30-year loan tumbled to 3.15% from 3.24% last week. (AP Photo/Ted Shaffrey)

US mortgage rates fall; 30-year loan at all-time low 3.15%

May. 28, 2020 3:00 PM EDT

WASHINGTON (AP) — Long-term U.S. mortgage rates fell this week as the key 30-year home loan marked an all-time low for the third time in the last few months since the coronavirus outbreak took hold. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year loan tumbled to 3.15%...