Latest Labor economy News

Colorado Gov. Jared Polis, left, confers with Rico Munn, superintendent of Aurora, Colo., Public Schools, as they head into a news conference about the increase in COVID-19 cases in the state and how parents need to enroll their children in school during the pandemic Tuesday, Sept. 29, 2020, in Denver. (AP Photo/David Zalubowski)

The Latest: Missouri sees spike in virus hospitalizations

Sep. 29, 2020 6:01 PM EDT

O’FALLON, Mo. — The number of people hospitalized for the coronavirus has nearly tripled in areas outside of Missouri’s two largest metropolitan areas since the state reopened for business in mid-June, according to state health department data Tuesday. The Missouri Department of Health and...

FILE - In this May 26, 2020 file photo, a historic marker for Wall Street is shown in New York's financial district. Stocks are off to a mixed start on Wall Street Tuesday, Sept. 29 as the market cooled off following a rally the day before and as investors waited for the presidential debate between former Vice President Joe Biden and President Donald Trump. Banks and industrial companies had some of the biggest losses shortly after the opening bell Tuesday, while several big technology and communications companies were higher. (AP Photo/Mark Lennihan, File)

Stocks end lower ahead of first debate between Trump, Biden

Sep. 29, 2020 6:00 PM EDT

Stocks ended with moderate losses Tuesday as investors waited for the first debate between President Donald Trump and Democratic challenger Joe Biden. Banks, energy companies and stocks that depend on consumer spending had some of the biggest losses. The price of oil fell 3.2%, dragging much of the energy sector...

FILE - In this Thursday, May 28, 2020 file photo, children swing in a playground at Leopold park during the partial lifting of coronavirus, COVID-19, lockdown regulations in Brussels. The European Union's external auditor said Tuesday, Sept. 29, 2020 that child poverty has reached worrying levels across the world's largest economy, and has become an unacceptable situation likely to worsen during the coronavirus pandemic. (AP Photo/Francisco Seco, File)

Child poverty likely to increase in EU amid virus pandemic

Sep. 29, 2020 4:47 PM EDT

BRUSSELS (AP) — Child poverty has reached an “unacceptable" level across the European Union, the world's largest trading bloc, a situation likely to worsen during the coronavirus pandemic, the EU's external auditor said Tuesday. According to EU data, almost 23 million people under 18 —...

President Donald Trump talks about the Endurance all-electric pickup truck, made in Lordstown, Ohio, at the White House, Monday, Sept. 28, 2020, in Washington. (AP Photo/Evan Vucci)

AP FACT CHECK: Trump falsehoods on Ohio economy, health care

Sep. 29, 2020 4:16 PM EDT

WASHINGTON (AP) — Ahead of their first debate, President Donald Trump made exaggerated claims about economic gains in northeastern Ohio and falsely accused Democratic rival Joe Biden of wanting to provide free health care to immigrants who are in the U.S. illegally in a spate of events aimed at promoting...

The Wall Street street sign is framed by a giant American flag hanging on the New York Stock Exchange, in a Monday, Sept. 21, 2020 file photo. Stocks are opening higher on Wall Street, recovering after their first four-week losing streak in more than a year. A burst of corporate deals helped give investors confidence to put money back in the market, and the S&P 500 rose 1.4% in the early going Monday, Sept. 28, 2020.  (AP Photo/Mary Altaffer, File)

Healthy US economy failed to narrow racial gaps in 2019

Sep. 28, 2020 2:03 PM EDT

WASHINGTON (AP) — The solid growth that the United States enjoyed before the viral pandemic paralyzed the economy this spring failed to reduce racial disparities in Americans' income and wealth from 2016 through 2019, according to a Federal Reserve report Monday. Though Black and Hispanic households...

President Donald Trump speaks during a campaign rally at Harrisburg International Airport, Saturday, Sept. 26, 2020, in Middletown, Pa. (AP Photo/Steve Ruark)

AP FACT CHECK: Trump's dubious claims on health care, court

Sep. 28, 2020 1:31 AM EDT

WASHINGTON (AP) — President Donald Trump isn't providing all the facts when he promises that people with preexisting medical problems will always be covered by health insurance if “Obamacare” is ruled unconstitutional. Eager to get conservative Judge Amy Coney Barrett quickly confirmed to the...

This Week: Home prices, consumer spending, nonfarm payrolls

Sep. 28, 2020 1:00 AM EDT

A look at some of the key business events and economic indicators upcoming this week: EYE ON CONSUMERS The Conference Board serves up its latest monthly snapshot of U.S. consumer confidence Tuesday. The New York research organization’s consumer confidence index fell to 84.8 in August, its lowest reading...

President Donald Trump speaks to members of the press on the South Lawn of the White House in Washington, Thursday, Sept. 24, 2020, before boarding Marine One for a short trip to Andrews Air Force Base, Md. Trump is traveling to North Carolina and Florida. (AP Photo/Patrick Semansky)

AP FACT CHECK: Trump's wrongs on court, virus; Biden errs

Sep. 26, 2020 10:22 AM EDT

WASHINGTON (AP) — In a momentous week, President Donald Trump painted a fantastical portrait of a coronavirus that affects “virtually nobody” among the young as he faced a grim U.S. milestone of 200,000 deaths and he asserted a constitutional basis that doesn't exist for rushing a replacement...

Posters reading 'Too much is too much - Yes for the limitation initiative' displayed prior to a news conference of the Swiss People's Party, SVP in Bern, Switzerland, Tuesday, Aug. 11, 2020. The Swiss will vote this weekend on a renewed proposal to limit the number of European Union nationals allowed to live and work in their country, a measure championed by a populist party that wants preferential access for Swiss citizens to jobs, social protection and benefits. (Peter Schneider/Keystone via AP)

Swiss-EU relations back on ballot over freedom of movement

Sep. 25, 2020 3:46 AM EDT

GENEVA (AP) — The Swiss will vote this weekend on a renewed proposal to limit the number of European Union nationals allowed to live and work in their country, a measure championed by a populist party that wants preferential access for Swiss citizens to jobs, social protection and benefits. A...

Flower vendors wait for buyers at a wholesale market in Bengaluru, India, Thursday, Sept. 24, 2020. The nation of 1.3 billion people is expected to become the COVID-19 pandemic's worst-hit country within weeks, surpassing the United States. (AP Photo/Aijaz Rahi)

The Latest: $14M more in virus funds for 3 Ariz universities

Sep. 24, 2020 9:23 PM EDT

PHOENIX — Arizona will provide the state’s three public universities with $14 million in additional funding to boost their efforts to test, track and respond to the coronavirus. Gov. Doug Ducey said Thursday the money will help the universities build on their current efforts to track and contain...