Business News

Trump seems ready, willing to bypass lawmakers on…

President Donald Trump seems ready and willing to bypass elected lawmakers and claim the power to suspend payroll taxes and extend expired unemployment benefits after negotiations with Congress on a new coronavirus rescue package collapsed

FAA employees who oversee airplane makers report…

Government employees responsible for making sure airplanes are safe say they face pressure from companies not to raise too many safety concerns

4 tribes sue over Oklahoma gambling compacts with 2 others

Four Oklahoma American Indian tribes have filed a federal lawsuit over gaming compacts with two other tribes that were ruled invalid by the Oklahoma State Supreme Court

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AP FACT CHECK: Trump’s false push on preexisting…

President Donald Trump is teasing the possibility of executive action to require health insurance companies to cover preexisting conditions

Virus causing financial pain even for people…

At a time when unemployment is high and a federal jobless benefit has just expired, one category of American workers has been largely overlooked: People who still have jobs but whose financial struggles have nevertheless escalated in the face of the pandemic

Big Nevada gold mine expansion on hold in face of opposition

Facing fierce opposition from conservationists and tribal leaders on multiple fronts, Nevada’s largest mining company has suspended its proposed expansion of what would become one of the biggest gold mines in the world

The Latest: Arizona has 1,054 new virus cases, 56…

Arizona health officials on Saturday reported 1,054 new confirmed coronavirus cases and 56 more deaths

US consumer borrowing up in June after 3 months…

The pandemic still has Americans easing off the plastic

Asia Today: Australian state records 466 cases…

The Australian state of Victoria recorded 466 new cases of COVID-19 and 12 deaths, including another man in his 30s

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Q&A: What's up with Trump's orders on TikTok and…

President Donald Trump has ordered sweeping but vague ban on dealings with the Chinese owners of popular apps TikTok and WeChat, saying they are a threat to U.S. national security, foreign policy and the economy

Bad week for Mexico tourism capped by…

It has been a bad week for Mexican tourism promotion, after “anything goes” tourism ads were pulled and Mexico was slapped with a U.S. “do not travel” advisory

Judge rejects pharmacy chains' bid to toss opioid…

A federal judge overseeing the massive opioid litigation in Cleveland has ruled against a request by five retail pharmacy chains to dismiss lawsuits filed by two Ohio counties

How major US stock indexes fared Friday

Stock indexes on Wall Street closed mostly higher Friday, extending the S&P 500′s win streak to a sixth day

Fed official defends slow start to Main Street…

A top Federal Reserve official on Friday defended the central bank’s efforts to launch a Main Street lending program and said the small number of loans approved so far would likely expand by a significant amount in coming months, especially if the pandemic worsens

Zillow, Stamps.com rise; Uber, Illumina fall

Stocks that moved heavily or traded substantially on Friday: Zillow, Stamps

Loan program ends, hard-hit businesses hope for…

Small businesses are in limbo again as the coronavirus outbreak rages and the government’s $659 billion relief program draws to a close

Canada says it will impose retaliatory tariffs on US imports

Canada’s deputy prime minister says the country plans to impose $3.6 billion Canadian (US$2.69 billion) tariffs on U.S. imports in response to President Donald Trump saying the U.S. is reinstating a 10% import tax on Canadian aluminum

US sanctions pro-China leader of Hong Kong, other…

The U.S. is imposing sanctions on pro-China officials in Hong Kong, including the leader of the government, for their alleged roles in squashing freedom in the former British colony

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Employee in college admissions bribery case to plead guilty

A former employee of the consultant who ran a widespread college admissions bribery scheme that has embroiled dozens of wealthy and famous parents has agreed to plead guilty

Trump moves against Chinese owners of TikTok and WeChat apps

President Trump broadly prohibits unspecified ‘transactions’ with Chinese owners of TikTok and WeChat via executive order in 45 days

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels