Stories tagged: "Jerome Powell"

Coronavirus Ziul Islam Syed, general manager at Days Inn & Suites, looks out the window from his empty hotel lobby, that is normally bustling with customers across the street from Disneyland, which has seen a dramatic drop in business since Disneyland has been closed Wednesday, Sept. 30, 2020 in Anaheim. After suffering losses for months due to the coronavirus shut-down, Disney says it will lay off 28,000 employees across its parks, experiences and consumer products segment.(Allen J. Schaben / Los Angeles Times via Getty Images)
Coronavirus More Layoffs Are Becoming Permanent as Fed Chair Says Government Needs to Provide More Aid

Nearly 50% of layoffs are now permanent, a major increase from just 10% of permanent layoffs in April.

Elle Meyers Elle Meyers October 6, 2020 1:45 pm EDT
Coronavirus In this Tuesday, March 3, 2020 file photo, Federal Reserve Chair Jerome Powell pauses during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. Federal Reserve Chair Jerome Powell expressed optimism Sunday, May 17, 2020 that the U.S. economy can begin to recover from a devastating recession in the second half of the year, assuming the coronavirus doesn't erupt in a second wave. But he suggested that a full recovery won't likely be possible before the arrival of a vaccine.. (AP Photo/Jacquelyn Martin, File)
Coronavirus Trump’s Fed Chair Just Contradicted Him on When Things Will Get Better

'I think certain parts of the economy will find it very difficult to have really a lot of activity,' Federal Reserve Chair Jerome Powell said.

Emily Singer Emily Singer May 18, 2020 2:00 pm EDT
Coronavirus AP Photo/Jacquelyn Martin, File
Coronavirus Fed Chair Powell: We Need to Do a Lot More to Help Americans Recover From the Economic Crisis

“There is a growing sense that the recovery may come more slowly than we would like, but it will come. And that may mean that it's necessary for us to do more."

Emiene Wright Emiene Wright May 13, 2020 2:20 pm EDT

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The post-war economic boom of the 1950s and 60s sharply increased Wisconsin crop production. In this photo from the Wisconsin Historical Society, Latino farm workers hoe a cucumber field near Wautoma in 1967. Economy From Farms to Factories to New Businesses, Latinos Have Made a Mark on Wisconsin’s Economy for More Than a Century
This 2018 photo shows the signage of the Fayetteville Works plant where the Delaware-based Chemours Company manufactures C3 dimer acid, also known as GenX. The chemical has entered the Cape Fear River, a source of drinking water for much of the southeastern part of North Carolina for an unknown time period. (Photo via AP Photo/Gerry Broome) Environment Polluters of ‘Forever Chemicals’ No Longer Getting a Pass, EPA Head Pledges
A photo of the Fall Creek School District building in Eau Claire County. Gina Kildahl, a parent whose 7-year-old son contracted COVID-19 while attending the school, recently filed a lawsuit against the district for failing to implement masking requirements and other precautions aimed at mitigating the spread of the virus. (Photo courtesy of the Fall Creek School District) Coronavirus Mom Who Sued Over Lack of COVID Protections in National Spotlight
Getty Images Elections Michigan’s County Clerks are Still Living Through the 2020 Election