in health with a community-based approach. A quarter of child-care workers — 258,000 people — have lost their jobs amid the pandemic, my colleague Heather Long reported. According to the liberal think tank Center for American Progress, the coronavirus could lead to the permanent loss of nearly 4.5 million

edicts a slow recovery with unemployment at 9.3 percent by the end of 2020. The Fed projects the rate will drop to 6.5 percent by the end of 2021, Heather Long reports. "Chair Jerome H. Powell stressed Wednesday that more aid from Congress and the central bank is likely to be needed, especially since a sub

e Powell has two messages for Congress this morning: Central bank independence is critical, and an interest-rate cut is likely at the end of July. Heather Long got a first look at his prepared testimony before the House Financial Services Committee: "Since [June], it appears that uncertainties around trad

me Powell has two messages for Congress this morning: Central bank independence is critical, and an interest-rate cut is likely at the end of July. Heather Long got a first look at his prepared testimony before the House Financial Services Committee: "Since [June], it appears that uncertainties around trade

officer, but he took the job listings down after Trump tweeted that more tariffs would hit Chinese goods in September," our economics correspondent Heather Long reported yesterday. "'It's the most frustrating time I've ever had running a business, and I've been doing this for 20 years,' said Cramer, chief e

ted a similarly sized reduction, the tax cut could equate to a bigger tax break for many families than the 2017 tax law." (Economics correspondent Heather Long prepared 15 charts to compare the Trump economy to the Obama economy.) -- Nearly 3 out of 4 economists surveyed by the National Association for Bu

nted a similarly sized reduction, the tax cut could equate to a bigger tax break for many families than the 2017 tax law." (Economics correspondent Heather Long prepared 15 charts to compare the Trump economy to the Obama economy.) EFTA00046770 -- Nearly 3 out of 4 economists surveyed by the National Ass

A: -- The Fed cut the benchmark interest rate for the first time in more than a decade, lowering it by a quarter- point to just under 2.25 percent. Heather Long reports: The goal is to bolster the country's economy "amid early signs of a global slowdown. However, the central bank also inadvertently caused

was likely given Trump's trade war and slowing growth abroad, comments that came hours before the S&P 500 index crossed 3,000 for the first time. (Heather Long) 8. A Florida police officer allegedly planted meth on random drivers. In one case, an innocent man lost custody of his daughter because of it. Po

at the Fed's July meeting. While Wall Street traders are anticipating a 25-basis- point cut, Shelton is publicly pushing for a 50-basis- point cut. (Heather Long) 3. Kelly Craft, Trump's nominee to be U.N. ambassador and the wife of a billionaire coal magnate, spent more than half of her days as ambassador

at the Fed's July meeting. While Wall Street traders are anticipating a 25-basis-point cut, Shelton is publicly pushing for a 50- basis-point cut. (Heather Long) 3. Kelly Craft, Trump's nominee to be U.N. ambassador and the wife of a billionaire coal magnate, spent more than half of her days as ambassador

A: -- The Fed cut the benchmark interest rate for the first time in more than a decade, lowering it by a quarter-point to just under 2.25 percent. Heather Long reports: The goal is to bolster the country's economy "amid early signs of a global slowdown. However, the central bank also inadvertently caused c