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MONEY NEWS FROM THE ASSOCIATED PRESS

Money

  • Brands weigh in on national protests over police brutality

    As thousands of protesters take to the streets in response to police killings of black people, companies are wading into the national conversation but taking care to get their messaging right. Netflix’s normally lighthearted Twitter account took on a more somber tone on Saturday: “To be silent is to be complicit. Black lives matter. We […]
  • CBO projects virus impact could trim GDP by $15.7 trillion

    WASHINGTON (AP) — The Congressional Budget Office said Monday that the U.S. economy could be $15.7 trillion smaller over the next decade than it otherwise would have been if Congress does not mitigate the economic damage from the coronavirus. The CBO, which had already issued a report forecasting a severe economic impact over the next […]
  • Brands weigh in on national protests over police brutality

    As thousands of protesters take to the streets in response to police killings of black people, companies are wading into the national conversation but taking care to get their messaging right. Netflix’s normally lighthearted Twitter account took on a more somber tone on Saturday: “To be silent is to be complicit. Black lives matter. We […]
  • Brooms in hand, people patch up stores damaged in protests

    LONG BEACH, Calif. (AP) — Carrying brooms, shovels, trash bags and cans of paint, thousands of people from Los Angeles to New York swept up glass from broken store windows, covered over graffiti and organized ransacked businesses Monday after protests over police killings of black people turned destructive once again. Some showed up only hours […]
  • AP FACT CHECK: Trump claim of saving space program off base

    WASHINGTON (AP) — President Donald Trump is making claims on space that are off course from reality. Over the weekend, he took full credit for the government’s role in the launch of SpaceX, the first-ever private spacecraft to attain orbit with astronauts on board. Trump also asserted that he saved the space program after President […]
  • How major US stock indexes fared Monday

    Stocks closed broadly higher on Wall Street Monday after shaking off a wobbly start. Banks, companies that depend on consumer spending and communications companies accounted for a big slice of the modest gains. Health care was the only sector to fall. Bond yields were mostly higher. The S&P 500 is coming off its second month […]
  • Nearly 26,000 COVID deaths in nursing homes spur inspections

    WASHINGTON (AP) — Nearly 26,000 nursing home residents have died from COVID-19, the government reported Monday, as federal officials demanded states carry out more inspections and vowed higher fines for facilities with poor infection control. The partial numbers released by the Centers for Medicare and Medicaid Services and the Centers for Disease Control and Prevention […]
  • Nearly 26,000 nursing home COVID-19 deaths reported to feds

    WASHINGTON (AP) — Federal health authorities have received reports of nearly 26,000 nursing home residents dying from COVID-19, according to materials prepared for the nation’s governors. That number is partial and likely to go higher. A letter from the Centers for Medicare and Medicaid Services and the Centers for Disease Control and Prevention reports more […]
  • Nearly 26,000 nursing home COVID-19 deaths reported to feds

    WASHINGTON (AP) — Federal health authorities have received reports of nearly 26,000 nursing home residents dying from COVID-19, according to materials prepared for the nation’s governors. That number is partial and likely to go higher. A letter from the Centers for Medicare and Medicaid Services and the Centers for Disease Control and Prevention reports more […]
  • Closing prices for crude oil, gold and other commodities

    Benchmark U.S. crude oil for July delivery fell 5 cents to settle at $35.44 a barrel Monday. Brent crude oil for August delivery rose 48 cents to $38.32 a barrel. Wholesale gasoline for July delivery fell 1 cent to $1.07 a gallon. July heating oil fell 1 cent to $1.03 a gallon. July natural gas […]