Government business and finance

An image provided by Google shows the Pixel 4A budget smartphone, which has the same high-quality camera and several other features available in fancier Pixel models. The phone, unveiled Monday, Aug. 3, 2020, will be available Aug. 20 after months of delay caused by supply problems triggered by the coronavirus pandemic. It will cost $349, a $50 discount from a cheap Pixel released last year. It's also a major markdown from other higher-end models in the existing product line-up that start at $799. (Google via AP)
August 03, 2020 - 4:38 pm
SAN RAMON, Calif. (AP) — Google has started selling a long-delayed budget smartphone boasting the same high-quality camera and several other features available in fancier Pixel models that cost hundreds of dollars more. The Pixel 4a unveiled Monday will be available Aug. 20 after months of delay...
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File-This Thursday, June 6, 2019, photo shows the U.S. Treasury Department building at dusk, in Washington. The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 trillion in this year's second quarter. Treasury officials announced Monday, Aug. 3, 2020, that the government also plans to borrow $1.22 trillion in the October-December period. (AP Photo/Patrick Semansky, File)
August 03, 2020 - 12:49 pm
WASHINGTON (AP) — The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time high of $2.75 trillion in this year's second quarter. Treasury officials also announced Monday that...
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FILE - In this July 22, 2020 photo, a ticketing agent for Delta Airlines hands a boarding pass to a passenger as he checks in for a flight in the main terminal of Denver International Airport in Denver. Unions are gaining support in Congress for another $32 billion in federal aid to protect airline workers from layoffs for another six months. Still, it's too early to say how the issue will turn out. (AP Photo/David Zalubowski, File)
August 01, 2020 - 7:36 pm
With tens of thousands of airline workers facing layoffs this fall, labor groups are pushing Congress for more federal money to keep them on the payroll until next spring. The unions have gained significant support among Democrats. They hope that the prospect of mass layoffs weeks before a pivotal...
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Sakai Harrison poses for a portrait after leading his clients through a rigorous workout on Wednesday, July 29, 2020, in Atlanta. Harrison moved to New York to try to make it as a personal trainer and designer - but his gym shuttered early in the pandemic, and after weeks of struggling to both pay the rent and put food in his fridge, he knew what he had to do. He moved back to Georgia for greater stability. (AP Photo/Ron Harris)
July 31, 2020 - 3:35 pm
Another month passes. The coronavirus pandemic marches on. And Americans struggling amid the economic fallout once again have to worry as their next rent checks come due Aug. 1. Many left jobless by the crisis are already behind on payments. And the arrival of August brings new anxieties. A...
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House Speaker Nancy Pelosi of Calif. smiles while speaking at a news conference on Capitol Hill in Washington, Friday, July 31, 2020. (AP Photo/Andrew Harnik)
July 31, 2020 - 11:42 am
WASHINGTON (AP) — The White House and its GOP allies appear to be retreating from their opposition to a $600 per week supplemental unemployment benefit that has propped up both the economy and family budgets but is expiring Friday. President Donald Trump is plainly eager to extend the benefit,...
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FILE - In this June 25, 2020, file photo Rep. Karen Bass, D-Calif., speaks during a news conference on the House East Front Steps on Capitol Hill in Washington ahead of the House vote on the George Floyd Justice in Policing Act of 2020. California Congresswoman Bass has emerged a leading contender to be Democrats' vice presidential candidate. Allies say her reputation as a bridge-builder would make her a strong partner to presumptive Democratic presidential nominee. (AP Photo/Carolyn Kaster, File)
July 31, 2020 - 8:03 am
SACRAMENTO, Calif. (AP) — California's leaders were deadlocked and on the verge of financial catastrophe in 2008. Five negotiators, including Republican Gov. Arnold Schwarzenegger, couldn't agree on a budget that would guide the nation's most populous state through the Great Recession. Enter Karen...
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FILE - In this June 1, 2020, file photo, waiters prepare the terrace of a restaurant in order to respect distancing measures in Paris as France gradually lifts its lockdown due to the coronavirus. France's economy shrank by nearly 14% in the second quarter when the country was in coronavirus lockdown, a third consecutive quarter of negative growth in a worsening recession, the national statistics agency said Friday, July 31, 2020. (AP Photo/Christophe Ena, File)
July 31, 2020 - 5:32 am
PARIS (AP) — The economy of the 19-country eurozone shrank by a devastating 12.1% in the April-June period from the quarter before - the largest drop on record - as coronavirus lockdowns shut businesses and hampered consumer spending. Economists say the worst of the downturn is past as many...
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President Donald Trump, Treasury Secretary Steven Mnuchin, White House Chief of Staff Mark Meadows talk before Trump speaks with reporters on the South Lawn of the White House, Wednesday, July 29, 2020, in Washington. Trump is en route to Texas. (AP Photo/Alex Brandon)
July 30, 2020 - 8:49 pm
WASHINGTON (AP) — With aid expiring, the White House offered a short-term extension Thursday of a $600 weekly unemployment benefit that has helped keep families and the economy afloat during the COVID-19 pandemic, but Democrats rejected it, saying President Donald Trump’s team failed to grasp the...
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FILE - In this July 13, 2020 file photo, a For Rent sign hangs on a closed shop during the coronavirus pandemic in Miami Beach, Fla. Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about the likelihood of any sustained recovery the rest of the year. (AP Photo/Lynne Sladky)
AP News
July 30, 2020 - 7:38 am
WASHINGTON (AP) — A grim picture emerged Thursday of a U.S. economy that has endured a record-shattering plunge last quarter and is now struggling to rebound as the coronavirus keeps forcing more layoffs. The economy shrank at a dizzying 32.9% annual rate in the April-June quarter, when the viral...
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People riding the subway wear face masks to protect against the spread of the coronavirus in Taipei, Taiwan, Thursday, July 30, 2020. (AP Photo/Chiang Ying-ying)
July 30, 2020 - 7:00 am
MELBOURNE, Australia (AP) — Australia’s coronavirus hot spot, Victoria state, will make masks compulsory statewide after reporting a record 723 new cases on Thursday. Masks have been mandatory in the state capital, Melbourne, and a neighboring semi-rural district for the past week. Victoria Premier...
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