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ISRAEL AT WAR - DAY 466

CHRISTOPHER RUGABER

The likeness of George Washington is seen on a US one dollar bill, in Marple Township, Pennsylvania, March 13, 2023. (Matt Slocum/AP)
August 3, 2023, 8:35 am
The US government’s debt has been downgraded. Here’s what to know
Fitch Ratings move may have little impact on financial markets long-term or on the interest rates the US government will pay
By CHRISTOPHER RUGABER
US President Joe Biden speaks about the banking system in the Roosevelt Room of the White House in Washington, March 13, 2023. (AP Photo/Andrew Harnik)
March 13, 2023, 4:50 pm
Biden insists US banking system safe after collapse of 2 banks
As markets reopen, president says country’s financial systems are sound, taxpayers won’t bear the brunt after stunning breakdown of Silicon Valley Bank and Signature Bank
By Ken Sweet, CHRISTOPHER RUGABER, CHRIS MEGERIAN and Cathy Bussewitz
People look at signs posted outside of an entrance to Silicon Valley Bank in Santa Clara, California, March 10, 2023. (Jeff Chiu/AP)
March 13, 2023, 3:30 am
US promises Silicon Valley Bank customers can recoup funds after stunning collapse
New York’s Signature Bank follows California institution in being seized as Fed scrambles to contain fallout from liquidity crunch, head off more bank runs
By Ken Sweet, CHRISTOPHER RUGABER, CHRIS MEGERIAN and Cathy Bussewitz
President-elect Donald Trump waves to members of the media after a meeting with admirals and generals from the Pentagon at Mar-a-Lago, in Palm Beach, Fla., Wednesday, Dec. 21, 2016. (AP/Andrew Harnik)
September 28, 2020, 7:09 pm
Many of his best-known businesses are losers, and 4 more NYT Trump tax takeaways
President initially paid $95 million in taxes over the 18 years reviewed, but he got most of that back with a stunning $72.9 million federal tax refund
By PAUL WISEMAN and CHRISTOPHER RUGABER
In this photo taken Thursday, June 4, 2020, a pedestrian wearing a mask walks past reader board advertising a job opening for a remodeling company, in Seattle. (AP Photo/Elaine Thompson)
June 5, 2020, 4:39 pm
As states loosen virus restrictions, US unemployment drops unexpectedly
Rate is a still-high 13.3%, on par with Great Depression levels, but 2.5 million jobs added last month indicate companies reopened and rehired more quickly than many forecast
By CHRISTOPHER RUGABER
A pedestrian walks by The Family Barbershop, closed due to a Gov. Gretchen Whitmer executive order, in Grosse Pointe Woods, Michigan on April 2, 2020. (AP Photo/Paul Sancya)
April 3, 2020, 5:54 pm
Amid virus shutdown, US sheds 701,000 jobs, ending a record-long hiring streak
Monthly loss worst since depths of 2009 recession and just small indication of financial pain to come; nearly 10 million apply for unemployment benefits in final two weeks of March
By CHRISTOPHER RUGABER
A couple picks up food at an empty restaurant in Phoenix, Arizona, March 27, 2020. (AP/Matt York)
April 2, 2020, 4:49 pm
A record 6.6 million seek US jobless aid as layoffs mount
Economists predict up to 20 million unemployed Americans by end of April, unemployment rate as high as 15%, as coronavirus epidemic bludgeons world economies
By CHRISTOPHER RUGABER
People wait in line for help with unemployment benefits at the One-Stop Career Center in Las Vegas, March 17, 2020. (AP Photo/John Locher, File)
March 26, 2020, 6:26 pm
US jobless claims hit 3.3 million, quadrupling previous record
As American job losses mount, some economists say national unemployment rate could approach 13% by May
By CHRISTOPHER RUGABER
People pose for photos with the Charging Bull statue in New York's Financial District, Sunday, March 15, 2020. (AP Photo/Richard Drew)
March 16, 2020, 2:01 am
US Fed takes emergency steps to slash rates and ease bank rules
In bid to stabilize economy amid coronavirus fears, Fed lowers benchmark interest rate to near zero and says it will buy $700 billion in Treasury and mortgage bonds
By CHRISTOPHER RUGABER
In this Oct. 17, 2016 photo, Stanley Fischer, vice chairman of the Federal Reserve board of governors, speaks to the Economic Club of New York. (AP Photo/Mark Lennihan)
September 6, 2017, 7:36 pm
Fed Vice Chairman Fischer to resign for ‘personal reasons’
Departure of former Bank of Israel head adds to leadership vacuum, giving Trump opportunity to reshape economic policy
By CHRISTOPHER RUGABER and Martin Crutsinger
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