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Wednesday, November 25, 2020

MARCY GORDON AP Business Writer

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Economic remedies abound in crisis, but can they deliver?

WASHINGTON (AP) — The government has a palette of options it can use to shore up an economy imperiled by anxiety over the coronavirus...

Treasury unveils plan to privatize Fannie Mae, Freddie Mac

WASHINGTON (AP) — The Trump administration has unveiled its plan for ending government control of Fannie Mae and Freddie Mac, the two giant mortgage...

74% of economists in survey see US recession by end of 2021

WASHINGTON (AP) — A strong majority, 74%, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic...

Facebook’s currency plan gets hostile reception in Congress

WASHINGTON (AP) — Under sharp criticism from senators, a Facebook executive on Tuesday defended the social network's ambitious plan to create a digital currency...

American Airlines extends Max-caused cancellations to June 5

WASHINGTON (AP) — American Airlines is extending by over a month its cancellations of about 90 daily flights as the troubled 737 Max plane...

IRS: Average tax refund down 8.7 pct. from year ago

WASHINGTON (AP) — The government says that the average tax refund and the total amount of refunds issued thus far have declined for the...

U.S. factories grew at slower pace in September

WASHINGTON (AP) — U.S. factories grew at a slower pace in September as manufacturers continued to cope with supply disruptions stemming from trade disputes...

Who’s in, who’s out in small business tax break? It’s complicated

WASHINGTON (AP) — Architects and engineers are still in. Accountants, doctors and lawyers remain out — mostly. New rules floated by the Trump administration...

Government seeks to overturn AT&T-Time Warner merger ruling

WASHINGTON (AP) — The judge who allowed AT&T's mega-merger with Time Warner was clearly wrong in concluding the marriage won't harm consumers, the Trump...

Auditors: 30M taxpayers will owe more due to low withholding

WASHINGTON (AP) — Congressional auditors say about 30 million people — 21 percent of U.S. taxpayers — will have to come up with more...

Today

Bill Thompson: Love ’em or hate ’em, Happy Holidays!

For a lot of people, “holiday depression” begins around Thanksgiving, or maybe around the time Christmas songs start blaring on the radio and retail...

Robert Francis: Thanksgiving 1954

If, god forbid, my home ever catches on fire, I would make sure my family was safe, then the pets (my wife might say...

The rise and fall of Tab – after surviving the sweetener scares, the iconic diet soda gets canned

Tab, the Coca-Cola company’s original diet soda brand, is headed to the soda graveyard, joining retired brands such as Like, Leed and Limette. Coca-Cola has...

Texas shut down bars to slow the spread of coronavirus — but allowed thousands to open through a restaurant loophole

Need to stay updated on coronavirus news in Texas? Our evening roundup will help you stay on top of the day's latest updates. Sign...