For pandemic jobless, the only real certainty is uncertainty

St. Louis Dispatch

CHICAGO (AP) — For three decades, Kelly Flint flourished as a corporate travel agent, sending everyone from business titans to oil riggers around the planet. Then came the worst pandemic in a century, leaving her jobless and marooned in an…

U.S. gas prices remain steady at $2.25 a gallon

Washington Post | By Associated Press

The average price of regular-grade gasoline held steady over the past two weeks and is 50 cents below the mark from a year ago.

Saudi Aramco Says Profit Fell 73 Percent as Demand for Oil Shrank

NY Times | Stanley Reed

The coronavirus pandemic took a major toll on the oil giant’s earnings, but Aramco will maintain its hefty dividend for shareholders.

Trump orders encroach on Congress' powers, invite challenges

St. Louis Dispatch

BEDMINSTER, N.J. (AP) — President Donald Trump has bypassed the nation's lawmakers as he claimed the authority to defer payroll taxes and replace an expired unemployment benefit with a lower amount after negotiations with Congress on a new coronavirus rescue…

This Company Boasted to Trump About Its Covid-19 Vaccine. Experts Are Skeptical.

NY Times | David Gelles and Heather Murphy

Inovio, a Pennsylvania biotech company, has spent years claiming to be on the cusp of important vaccines. It has never brought one to market.

No engine, no oil: Wabtec making its pitch for battery-powered trains

Pittsburg Post Gazette | By Anya Litvak / Pittsburgh Post-Gazette

From the outside, the locomotive whirring along Wabtec’s test tract in Erie looks almost like any other. The operator cab is pretty standard, too.

Trump’s Go-It-Alone Stimulus Won’t Do Much to Lift the Recovery

NY Times | Jim Tankersley

A series of executive actions will provoke lawsuits but is unlikely to stoke faster growth in an economy that has cooled this summer.

A chilling effect: Construction starts plunge amid COVID-19 economic uncertainities

Pittsburg Post Gazette | By Mark Belko / Pittsburgh Post-Gazette

Even after many building projects roared back to life following a shutdown for part of the spring because of COVID-19, the Pittsburgh region’s construction industry still could face tough times ahead.

Less than a year after paying off prior debt, Pennsylvania is borrowing money from the federal government for its unemployment systems

Pittsburg Post Gazette | By Lauren Rosenblatt / Pittsburgh Post-Gazette

Pennsylvania has begun borrowing money from the federal government to uphold its unemployment system as hundreds of thousands of people are still out of work due to the novel coronavirus pandemic.

Postal Service emerges as flash point heading into election

St. Louis Dispatch

WASHINGTON (AP) — Mail piling up. Constant attacks from the president. Cuts to overtime as record numbers of ballots are expected to pass through post offices this fall.

The Week in Business: The Stimulus Mess

NY Times | Gillian Friedman

A jobs report that found the U.S. economy added 1.8 million jobs in July, and President Trump signed executive orders to extend some of the benefits in the virus relief law.

Here’s what is actually in Trump’s four executive orders

Washington Post | By Heather Long

The details on payroll taxes, unemployment and evictions are not as generous as he made them sound.

How SpaceX and NASA overcame a bitter culture clash to bring back US astronaut launches

CNN

In May, millions of Americans watched as Robert Behnken and Douglas Hurley, two veteran NASA astronauts, strapped into a SpaceX Crew Dragon capsule and took a 17,000 mile per hour ride to the International Space Station. It was the first time NASA astronauts launched from US soil since 2011 — and the first time in history that a privately owned vehicle carried humans into Earth's orbit.

Trump end run around Congress raises questions on his claims

St. Louis Dispatch

BRIDGEWATER, N.J. (AP) — President Donald Trump’s end run around Congress on coronavirus relief is raising questions about whether it would give Americans the economic lifeline he claims and appears certain to face legal challenges. Democrats called it a pre-election…

Saudi Arabia Turns Off America’s Oil Taps Again

Washington Post | By Julian Lee | Bloomberg

The strategy worked wonders in 2017. It will be more challenging this time around unless the pandemic eases its grip on oil demand.

The Wallets of Wall Street Are With Joe Biden, if Not the Hearts

NY Times | Kate Kelly, Shane Goldmacher and Thomas Kaplan

Through donations, finance executives played a critical role in helping Joe Biden turn his campaign around. They’ve mostly grown to like him, if not love him.