USPS Overhaul Challenged by Democrats
The U.S. Postal Service overhauled its organizational structure, as Democrats called for an investigation into whether the changes implemented by President Donald Trump’s postmaster general pose a threat to mail-in ballots for the November election.
August 10, 2020Trump Allows Some Unemployment Pay, Defers Payroll Tax
BEDMINSTER, N.J. — Seizing the power of his podium and his pen, President Donald Trump on Aug. 8 moved to bypass the nation’s elected lawmakers as he claimed the authority to defer payroll taxes and extend an expired unemployment benefit after negotiations with Congress on a new coronavirus rescue package collapsed.
August 8, 2020Ringleader Pleads Guilty in Connection With Staged La. Accidents
The ringleader of a New Orleans-area group that staged accidents with unsuspecting tractor-trailer drivers has pleaded guilty for his role in the conspiracy.
August 7, 2020Mnuchin Says Trump to Take Executive Action as Stimulus Talks Stall
Treasury Secretary Steven Mnuchin said he’ll recommend President Donald Trump move ahead with executive action on unemployment aid, evictions and student loans after another round of negotiations with Democrats on a virus relief plan ended without any agreement.
August 7, 2020Allison Earnings, Revenue Fall Amid Pandemic Disruptions
Allison Transmission Holdings Inc. reported second-quarter net income and revenue were sharply lower after the novel coronavirus pandemic upended supply chains and demand.
August 7, 2020USPS Loses $2.2 Billion in 3 Months as Virus Woes Persist
The U.S. Postal Service says it lost $2.2 billion in the three months that ended in June as the beleaguered agency — hit hard by the coronavirus pandemic — piles up financial losses that officials warn could top $20 billion over two years.
August 7, 2020House Passes Fiscal 2021 Transportation Funding Bill
A package of fiscal 2021 appropriations bills that included the Transportation, and Housing and Urban Development, and Related Agencies measure recently passed the U.S. House of Representatives.
August 7, 2020Oregon DOT Surveys Public on I-205 Tolls
The Oregon Department of Transportation is accepting public comment on the potential use of tolls on a portion of Interstate 205.
August 7, 2020US Adds 1.8 Million Jobs in Sign That Hiring Has Weakened
The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is weakening hiring and the economic rebound.
August 7, 2020Global Stocks Erase 2020 Losses Amid US Rally
A gauge of global equities erased its losses for the year as U.S. stocks climbed on optimism that officials will come to terms on fresh economic stimulus. Gold extended gains amid speculation interest rates will stay low for longer.
August 6, 2020