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ABC News: Money

US adds 1.8 million jobs in a sign New! 2020-08-07 08:46:32The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is stalling hi

Virus aid talks on brink of collapse, sides New! 2020-08-07 08:30:49A marathon meeting in the Capitol has generated lots of recriminations but little progress on the top issues confronting negotiators on vital COVID-19

Congress urges Postal Service to undo changes slowing New! 2020-08-07 08:22:17Moves by the Republican postmaster general to cut back operations in the U.S. Postal Servuce that are causing delays in deliveries across the country

Turkish lira hits another historic low amid pandemic New! 2020-08-07 08:02:03Turkey’s currency has tumbled further, hitting another record low The Turkish lira dropped to 7.3677 against the dollar Friday against the dolla

Swiss ink deal with Moderna for 4.5M doses New! 2020-08-07 05:46:03The Swiss government says it has struck a deal with Moderna to supply Switzerland with 4.5 million doses of a COVID-19 vaccine if the U.S. biotech fir

Global shares skid amid virus woes, China-US trade New! 2020-08-07 05:10:03Global shares are mostly lower in lackluster trading as trade tensions between the U.S. and China offset optimism about more fiscal stimulus in the U.

Cadillac says new electric SUV has features to New! 2020-08-07 03:27:33General Motors' Cadillac brand is the latest to roll out an electric vehicle with the promise of taking sales from market leader Tesla

Capital One fined $80 million in data breach New! 2020-08-07 03:27:25The U.S. Treasury Department has fined Capital One $80 million for careless network security practices that enabled one of the biggest bank security b

China's July exports rise despite coronavirus, US tariff New! 2020-08-07 01:58:46China's exports rose by an unexpectedly strong 7.2% in July in a positive sign for its recovery from the coronavirus pandemic

Herman Cain to be mourned at private funeral New! 2020-08-07 00:28:38Herman Cain, the former presidential candidate, businessman and GOP ally of President Donald Trump, will be mourned at a private funeral in Atlanta

Asian shares skid amid virus woes, China-US trade New! 2020-08-07 00:09:18Asian shares are mostly lower in lackluster trading as trade tensions between the U.S. and China offset optimism about more fiscal stimulus in the U.S

Trump bans dealings with Chinese owners of TikTok New! 2020-08-06 22:43:03President Donald Trump has ordered an unspecified ban on “transactions” with the Chinese owners of the consumer apps TikTok and WeChat

L.A. Times - Business

Krysten Ritter sells Hollywood Hills home she bought 2020-08-06 17:16:07In Hollywood Hills, 'Jessica Jones' star Krysten Ritter has sold her scenic home for $1.384 million — more than double what she paid for it in

A Disneyland builder's personal residence goes up for 2020-08-06 16:20:54The Claremont home of late contractor Wayne Cox, who helped build portions of Disneyland, is for sale at $1.425 million.

Actress Geena Davis looks to pull up stakes 2020-08-06 15:03:12Oscar-winning actress Geena Davis has listed her longtime Pacific Palisades home for sale at $5.995 million.

'Avengers' director Anthony Russo sells Los Feliz home 2020-08-06 13:26:46'Avengers' director Anthony Russo just sold his Los Feliz home for $3.299 million, nearly double the $1.775 million he paid for it a decade ago.

NBCUniversal cuts ties with Paul Telegdy after allegations 2020-08-06 12:00:32NBCUniversal's management shakeup Thursday also includes new roles for veteran executives Matt Strauss and Frances Berwick.

Is Halloween canceled? Costumers, candy makers, theme parks 2020-08-06 08:00:41Knott's Scary Farm is canceled because of the COVID-19 pandemic, as are other California theme parks' Halloween events.

Starter homes for $400,000 in Ventura County 2020-08-06 08:00:02Take a look at starter homes for about $400,000 in Fillmore, Camarillo and Oxnard in Ventura County.

California labor commissioner sues Uber and Lyft, alleging 2020-08-05 18:30:44In a wage-theft lawsuit, California's top labor law enforcer says ride-hailing tech companies have "willfully" misclassified drivers as independent

Norman Applebaum-designed home hits the market in Escondido 2020-08-05 18:21:40Villa Tyto Alba, an Escondido home designed by famed San Diego architect Norman Applebaum for a former U.S. Ambassador, has come on the market for $2.

Veteran talent agent-producer Mike Menchel sells longtime Sherman 2020-08-05 15:45:10Hollywood talent agent turned producer Mike Menchel has sold his longtime home in Sherman Oaks for $4 million.

California lawmakers ask Newsom to act immediately on 2020-08-05 15:22:28A majority of the California Legislature calls on Newsom to immediately begin paying unemployment benefits to more than 1 million jobless workers.

'Alien' producer David Giler brings longtime Hollywood Hills 2020-08-05 15:01:07Screenwriter-producer David Giler of 'The Money Pit' and 'Alien' franchise fame has listed his longtime home in the Hollywood Hills for $2.195 mil


Second-quarter GDP plunged by worst-ever 32.9% amid virus-induced 2020-07-30 12:45:08Neither the Great Depression nor the Great Recession nor any other slump over the past two centuries have ever caused such a sharp drain on the econom

U.S. weekly jobless claims rise for a second 2020-07-30 09:42:43Jobless claims for last week were roughly in line with expectations as the coronavirus pandemic continues to ravage the U.S. economy.

A full recap of Fed Chief Powell's market-moving 2020-07-29 15:41:37Federal Reserve Chairman Jerome Powell spoke to reporters following the central bank's July policymaking decision.

Fed holds rates steady, says economic growth is 2020-07-29 15:37:19The Federal Open Market Committee released a statement following its two-day meeting that concluded Wednesday.

Here's what changed in the new Fed statement 2020-07-29 14:34:12This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting on Jun

Pending home sales surge for the second consecutive 2020-07-29 13:27:07Pending home sales continued to climb in June, rising 16.6% monthly since May, and rising 6.3% since June 2019, according to the National Association

U.S. goods trade deficit narrows amid signs the 2020-07-29 10:50:00The United States' trade deficit in goods fell sharply in June as exports rebounded following several months of decline, suggesting a recovery in glo

Most swing-state voters support extending $600 weekly unemployment 2020-07-29 09:18:38Voters in key states back an unemployment extension, direct payments and state and local aid in the coronavirus bill, the CNBC/Change Research poll fo

Powell is expected to say the Fed will 2020-07-29 08:47:06Markets are watching the Fed but may focus more on what Congress is doing with its trillion dollar plus stimulus package.

Getting rid of extended jobless benefits would come 2020-07-28 14:52:43Democrats and Republicans are parrying over what to do now that the current arrangement will expire Friday.

The Fed is extending its lending programs until 2020-07-28 11:19:31Originally set to expire Sept. 30, the myriad facilities, stretching from credit to small businesses up to the purchase of junk bonds now will stretch

U.S. consumer confidence for July misses expectations 2020-07-28 10:11:39CNBC's Rick Santelli breaks down the latest numbers on U.S. consumer sentiment.

NYT > Economy

Relief Package Deal Remains Elusive as Impasse Over 2020-08-02 15:06:11Negotiators acknowledged some progress over the weekend, but said they remained far apart on a number of issues.

U.S. Small Business Bailout Money Flowed to Chinese-Owned 2020-08-02 14:21:40Millions of dollars of Paycheck Protection Program loans went to China-backed businesses in critical sectors, a study found.

Overcrowded Housing Invites Covid-19, Even in Silicon Valley 2020-08-01 16:58:54Overcrowding, not density, has defined many coronavirus hot spots. Service workers’ quarters skirting Silicon Valley are no exception.

U.S. Adds Sanctions Over Internment of Muslims in 2020-08-01 02:27:32The Treasury Department imposed sanctions on a powerful government entity that runs companies and farms in the Xinjiang region, where officials carry

With Jobless Aid Set to Lapse, Lawmakers Fail 2020-07-30 22:41:13Senate Republicans forced the chamber to begin moving forward with an extension of unemployment benefits that expire on Friday, but there was no agree

Record Low for U.S. G.D.P. as Coronavirus Takes 2020-07-30 17:16:14The second-quarter contraction set a grim record, and it would have been worse without government aid that is expiring.

How Pimco’s Cayman-Based Hedge Fund Can Profit From 2020-07-30 05:00:25Congress said borrowers in taxpayer-backed rescue programs had to be from the United States. Wall Street has a workaround.

As Trump Undercuts Aid Talks, White House Says 2020-07-29 20:03:40President Trump signaled that he was not interested in a broad economic recovery package that would have to be negotiated with Democrats, saying he pr

Federal Reserve Leaves Rates Near Zero as Economic 2020-07-29 19:08:06Federal Reserve officials made clear that they will work to bolster the economy as the pandemic hurts business activity and the job market.

As $600 Unemployment Benefit Expires, Many Are in 2020-07-29 17:09:46A supplement to unemployment benefits is at an end, and Congress is deadlocked over new aid. For some, that means hunger, evictions or bankruptcies.

As the Pandemic Forced Layoffs, C.E.O.s Gave Up 2020-07-29 11:17:15Some corporate bosses offered to cut their pay, but most did not. Those who did gave up less than 10 percent of what they received last year.

Mandatory Masks, but Limited Enforcement, at Walmart and 2020-07-29 10:14:47A number of large retailers have said that all customers must wear masks, but some employees have been told they cannot force those who refuse.