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ABC News: Money

Study: TV industry falls short of off-camera inclusivity New! 2020-10-22 09:02:49When Zendaya won last month’s Emmy Award for top drama series actress, her triumph seemed to underscore the TV industry’s progress toward

US jobless claims drop to 787,000, but layoffs New! 2020-10-22 08:54:34The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running

Bank robber flees with loads of cash in New! 2020-10-22 08:54:09Police in the ex-Soviet republic of Georgia are looking for a man who held over 40 people hostage at a bank for hours before releasing them and escapi

Union Pacific 3Q profit drops 12% but volume New! 2020-10-22 08:50:11Union Pacific’s third-quarter profit declined 12%, but the volume of shipments it handled surged as the economy rebounded from the worst of the

US NATO allies still short on defense spending New! 2020-10-22 08:37:33U.S. allies in Europe and Canada have increased defense spending for a sixth consecutive year but most of them will still fail to achieve a NATO spend

American, Southwest add to parade of airline losses New! 2020-10-22 08:25:45The losses are building at U.S. airlines as the coronavirus pandemic cuts into air travel

Coca-Cola recovery continues as it grows leaner in New! 2020-10-22 08:20:04The Coca-Cola Co. said it saw gradual improvement in the third quarter, as it turned its focus to emerging leaner from the global pandemic

Global stocks cautious on lack of US aid New! 2020-10-22 07:55:35Global stocks and Wall Street futures have mostly declined as investors watch for signs of progress in negotiations over a U.S. economic aid plan

Turkey central bank keeps rate on hold despite New! 2020-10-22 07:34:47Turkey’s Central Bank has kept its policy rate at 10.25% despite market expectations for an increase that would help support the currency

Banksy artwork sells for almost $10 million at 2020-10-22 04:32:03Banksy’s playful take on a famous Impressionist painting has sold at auction for 7.6 million pounds ($9.8 million)

Analysis: Racial inequity in who takes career, tech 2020-10-22 04:15:21Career and technical education is viewed as a gateway to good jobs

Asian stocks follow Wall Street lower on lack 2020-10-21 23:49:06Asian stocks are following Wall Street lower as investors watched for signs of progress in negotiations over a U.S. economic aid plan

L.A. Times - Business

California says 350,000 debit cards for unemployment benefits New! 2020-10-22 19:01:41Faced with a deluge of fraudulent unemployment claims, California officials said Thursday that 350,000 of the debit cards they issued containing benef

Gene Simmons seeks $22 million for Beverly Hills New! 2020-10-22 16:04:26KISS rocker Gene Simmons has hung a $22-million price tag on his Beverly Hills estate of 34 years.

Wayne Gretzky eyes $22.9 million for Thousand Oaks New! 2020-10-22 09:00:57In Thousand Oaks, NHL legend Wayne Gretzky is asking $22.9 million for his scenic Colonial-style mansion on nearly seven acres.

The accuracy of death certificates has never been New! 2020-10-22 08:00:51Deaths from viruses, bacteria and other infectious disease have long been overlooked on death certificates.

Facebook touts free speech. In Vietnam, it's aiding New! 2020-10-22 08:00:19To protect its business in an important market, Facebook increasingly removes content that Vietnam's authoritarian government doesn't like.

Tesla scores a profit for the fifth straight 2020-10-21 17:24:41Tesla extended its streak of profitable quarters to five, but those profits still depend on emission credit sales, which will lose value as more autom

High-profile streamer Quibi is shutting down after subscriber 2020-10-21 17:15:32The streaming service launched by Jeffrey Katzenberg and Meg Whitman failed to gain traction following its launch in April.

Column: GOP's brilliant healthcare idea is to throw 2020-10-21 17:04:17GOP states are spending more to cover fewer residents on Medicaid, thanks to ideological stupidity.

Vanessa Bryant lists Irvine investment home she owned 2020-10-21 16:11:10Vanessa Bryant, wife of late Lakers legend Kobe Bryant, is seeking $1.995 million for an investment home she owns in Irvine.

Longtime home of late 'Boyz n the Hood' 2020-10-21 11:00:34The home of the late director of "Boyz n the Hood" and "2 Fast 2 Furious" is on the market for $1.8 million.

Will the pandemic hurt the candy-industrial complex? 2020-10-21 10:00:40Halloween has always been the "Super Bowl, Olympics and World Cup wrapped into one" for the candy industry. Will the COVID-19 pandemic change that?

Golfer Fred Couples gets a buyer to swing 2020-10-21 09:00:54Hall of Fame golfer Fred Couples has sold his Newport Beach home in a golf course community for $3.25 million.

Economy

Fed officials worried that lack of help from 2020-10-07 14:38:46The Federal Open Market Committee on Wednesday released minutes from its Sept. 15-16 meeting.

Stanford professor on the new remote work economy: 2020-10-07 13:01:34The work-from-home economy is likely to continue long past the coronavirus pandemic — and it doesn't come without challenges. "If I were a com

Fed's Kashkari warns that delaying stimulus will have 2020-10-07 11:15:57As the impasse in Washington intensifies, Kashkari told CNBC that workers, businesses and governments need more cash from Congress.

Mortgage rates set another record low, sparking new 2020-10-07 08:11:17Mortgage rates moved even lower last week, after setting multiple record lows over the last several months. That caused more borrowers to call their l

Trump's ending of stimulus talks will mean a 2020-10-06 17:29:04"It's going to be a much slower recovery and it's disappointing that we didn't get a package done," Mester told CNBC.

Fed Chair Powell calls for more help from 2020-10-06 12:45:27Powell called Tuesday for continued aggressive fiscal and monetary stimulus for an economic recovery that he said still has "a long way to go."

Watch Fed Chair Jerome Powell talk rates, the 2020-10-06 10:31:15Federal Reserve Chairman Jerome Powell delivers his latest views on the economy Tuesday morning to a virtual gathering of the National Association for

Here's where the jobs are — in one 2020-10-05 13:39:19CNBC studied the net change in employment by industry for September based on data from the Labor Department.

Business leaders call for urgent reforms as global 2020-10-05 04:10:12Top business leaders say the global economy is facing its worst crisis in a hundred years, and "downside risks remain elevated" unless urgent reform

'Massively concerning' jobs report sends a signal that 2020-10-02 17:05:05The Labor Department reported Friday that nonfarm payrolls increased by 661,000 in September. In normal times, that type of hiring pace would be consi

Jobs report shows fewer hires as recovery loses 2020-10-02 12:41:26The unemployment rate was 7.9%, the Labor Department said Friday in the final jobs report before the November election.

Number of mortgages in coronavirus bailout program jumps 2020-10-02 07:36:01As of Tuesday, roughly 3.6 million homeowners remain in pandemic-related forbearance plans, according to Black Knight, a mortgage technology and analy

NYT > Economy

James A. Johnson, Democratic Power Broker, Dies at 2020-10-21 21:38:37Once called “the chairman of the universe,” he led Fannie Mae, the Kennedy Center and the Brookings Institution. He also aided in several

Big Tech’s Professional Opponents Strike at Google 2020-10-21 21:10:48An unlikely collection of lawyers, activists, economists and academics is fueling the tech backlash, armed with funding from billionaire sponsors.

Amtrak Warns of Layoffs and Project Delays Without 2020-10-21 16:49:23The chief executive urged senators to pass legislation that includes more than $2 billion in emergency funding for the rail agency.

The Fed’s $4 Trillion Lifeline Never Materialized. Here’s 2020-10-21 05:00:20The Federal Reserve was meant to take $454 billion and drastically expand it. So far, it has lent $20 billion.

When Start-Ups Go Into the Garage (or Sometimes 2020-10-20 11:29:01Labs closed in the pandemic, but innovation doesn’t stop. So while some workers have the home office, engineers have the garage.

U.S. to Sign Limited Trade Deal With Brazil 2020-10-19 23:28:31The new pact is expected to ease trade barriers, strengthen regulation and crack down on corruption.

How Failures of the Obama-Era Stimulus Could Guide 2020-10-19 16:57:46One crucial lesson: aim big, because there may be only one chance, and an overheating economy is easier to fix than a halting recovery.

A Korean Store Owner. A Black Employee. A 2020-10-17 21:26:41At a Chicago beauty supply shop, one American dream has come true. Another is still waiting for its chance.

As Coronavirus Spread, Reports of Trump Administration’s Private 2020-10-17 10:46:45A hedge fund consultant’s summary of private presentations by White House economic advisers fanned investor worries.

Unemployed Workers Built Up Some Savings. Then the 2020-10-16 11:36:48Anonymized bank data shows what happened next, as balances shrank and hopes dimmed for action from Washington.

Republicans Clash on Stimulus Package as Trump Says 2020-10-15 18:25:39The president said he wanted a much larger package than the $1.8 trillion measure under discussion. The top Senate Republican said his party could not

Unemployment Claims Rise Anew in Latest Sign of 2020-10-15 17:27:57Hopes for a rebound of the American economy have been clouded by layoffs, a surge in virus cases and a lack of fresh federal aid.