Financial services

FILE - In this Nov. 5, 2020, file photo the Supreme Court is seen in Washington. The court prepares to hear arguments Tuesday in the third major legal challenge to the Affordable Care Act. (AP Photo/J. Scott Applewhite, File)
SKY News
November 10, 2020 - 6:08 am
WASHINGTON (AP) — When the Supreme Court weighs the fate of “Obamacare,” arguments will revolve around arcane points of law like severability — whether the justices can surgically snip out part of the law and leave the rest. But what’s at stake has real-world consequences for just about every...
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Federal Reserve Board Chairman Jerome Powell testifies during a Senate Banking Committee hearing, Thursday Sept. 24, 2020 on Capitol Hill in Washington about the CARES Act and the economic effects of the coronavirus pandemic. (Drew Angerer/Pool via AP)
SKY News
October 07, 2020 - 2:32 pm
WASHINGTON (AP) — Federal Reserve officials last month believed that while the U.S. economy was recovering faster than expected, it faced ongoing threats, including a failure by Congress to provide further rescue aid. The Fed on Wednesday released minutes of its most recent meeting, showing that...
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FILE - In this Oct. 1, 2018, file photo, survivors return to the scene of a mass shooting on the first anniversary in Las Vegas. A judge in Nevada has approved a total of $800 million in payouts from casino company MGM Resorts International and its insurers to more than 4,400 relatives and victims of the Las Vegas Strip shooting that was the deadliest in recent U.S. history. (AP Photo/John Locher, File)
SKY News
September 30, 2020 - 6:42 pm
LAS VEGAS (AP) — A court on Wednesday approved a settlement totaling $800 million from casino company MGM Resorts International and its insurers to more than 4,400 relatives and victims of the Las Vegas Strip shooting that was the deadliest in recent U.S. history. The action makes final a deal...
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Treasury Secretary Steven Mnuchin speaks during a House Small Business Committee hearing on oversight of the Small Business Administration and Department of Treasury pandemic programs on Capitol Hill in Washington, Friday, July 17, 2020. (Erin Scott/Pool via AP)
SKY News
July 17, 2020 - 8:04 pm
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin urged Congress Friday to quickly enact a new pandemic relief package targeting hardest-hit swaths of the economy, as lawmakers race to stand up federal aid in the face of the latest spike in coronavirus cases across much of the Sun Belt and...
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An electronic stock board showing Japan's Nikkei 225 index at a securities firm is seen at a street in Tokyo Wednesday, June 17, 2020. Major Asian stock markets declined Wednesday after Wall Street gained on hopes for a global economic recovery and Japan's exports sank. (AP Photo/Eugene Hoshiko)
SKY News
June 16, 2020 - 11:29 pm
BEIJING (AP) — Major Asian stock markets declined Wednesday after Wall Street gained on hopes for a global economic recovery and Japan's exports sank. Market benchmarks in Shanghai, Tokyo, Hong Kong and Seoul retreated. On Wall Street, the benchmark S&P 500 index rose for a third day, gaining 1...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, June 10, 2020. Shares were trading slightly higher in Asia on Wednesday after a weekslong rally on Wall Street hit the brakes. (AP Photo/Ahn Young-joon)
June 10, 2020 - 3:06 pm
U.S. stock indexes were mostly lower Wednesday afternoon in choppy trading after the Federal Reserve said it expects to keep interest rates low through 2022 and keep up its bond purchases. The S&P 500 was down 0.5% after initially rising to 0.4% following the release of the central bank's...
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A woman wearing face mask walks past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Tuesday, May 26, 2020. Asian shares are rising as some regions in Japan resume near-normal business activity, with hopes for economic recovery overshadowing worries over the coronavirus pandemic. (AP Photo/Vincent Yu)
May 26, 2020 - 10:25 am
Stocks surged on Wall Street in early trading Tuesday, driving the S&P 500 to its highest level in nearly three months, as hopes for economic recovery overshadow worries about the coronavirus pandemic. The S&P 500 was up 1.8% to 3,007 points. It's the first time the benchmark index has been...
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Treasury Secretary Steven Mnuchin speaks during a meeting with restaurant industry executives about the coronavirus response, in the State Dining Room of the White House, Monday, May 18, 2020, in Washington. (AP Photo/Evan Vucci)
SKY News
May 19, 2020 - 3:01 am
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin will likely come under tough questioning from senators Tuesday about a small business lending program included in the government's $2 trillion relief package. Lawmakers from both parties have criticized the Payroll Protection Program, which...
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FILE - In this April 3, 2020, file photo, the seats and aisles are empty as seen through the window of the closed Penndot Drivers License Center in Butler, Pa. Some owners who got their money said they're now feeling more confident about being able to retain their employees after businesses closed due to the coronavirus outbreak. (AP Photo/Keith Srakocic, File)
SKY News
April 13, 2020 - 7:47 pm
NEW YORK (AP) — The flow of money to small businesses under the government's $349 billion coronavirus relief plan is picking up momentum although many company owners are still waiting and wondering. Money that was held up by technological and legal issues and the sheer volume of applications began...
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President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room of the White House, Thursday, April 9, 2020, in Washington, as Vice President Mike Pence and Labor Secretary Eugene Scalia listen. (AP Photo/Andrew Harnik)
SKY News
April 09, 2020 - 9:48 pm
WASHINGTON (AP) — Hospitals taking money from the $2 trillion stimulus bill will have to agree not to send “surprise” medical bills to patients treated for COVID-19, the White House said Thursday. Surprise bills typically happen when a patient with health insurance gets treated at an out-of-network...
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