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American political leaders are grappling with a public health and economic maelstrom — as well as concerns for their own safety. President Donald Trump says his administration will ask Congress to pass payroll tax relief, as he looks to calm financial markets' fears over the impact of the new coronavirus epidemic. Trump told reporters Monday that the administration was seeking “very substantial relief."This, as fears about the coronavirus outbreak roil financial markets. The White House says it's conducting “business as usual,” playing down the political consequences of an epidemic that poses one of the greatest tests yet to Trump's administration. On Capitol Hill, at least five lawmakers are in self-quarantine as discussions continue on how to address the virus outbreak and economic volatility. Trump lashed out in tweets Monday, protesting the steep market drop and news that large public gatherings are being called off because of the virus.The current estimate of cases is around 650, with 26 coronavirus-related deaths. 1048

After reviewing store surveillance videos, police in Boca Raton, Florida, now believe two popped balloons sparked panic on Sunday.Earlier in the week they revealed 176

A measure of hiring by U.S. companies has fallen to a seven-year low and fewer employers are raising pay, a business survey has found.Just one-fifth of the economists surveyed by the National Association for Business Economics said their companies have hired additional workers in the past three months. That is down from one-third in July. Job totals were unchanged at 69% of companies, up from 57% in July. A broad measure of job gains in the survey fell to its lowest level since October 2012.The hiring slowdown comes as more businesses are reporting slower growth of sales and profits. Business economists also expect the economy’s growth to slow in the coming year, partly because tariffs have raised prices and cut into sales for many firms.“The U.S. economy appears to be slowing, and respondents expect still slower growth over the next 12 months,” said Constance Hunter, NABE president and chief economist at the accounting firm KPMG.Perhaps because of concerns over a weakening economy, businesses are less likely to offer higher pay, even with unemployment at a 50-year low. Just one-third of economists said their firms had lifted pay in the past three months, down from more than half a year ago.Companies are also cutting back on their investments in machinery, computers, and other equipment. The proportion of firms increasing their spending on such goods is at its lowest level in five years, the survey found.Sales are also growing more slowly. Just 39% of economists said they rose in the past three months, down from 61% a year earlier. And only 38% said they expect sales to rise in the next three months, also down from 61% a year ago.Many business economists blamed President Trump’s tariffs on steel, aluminum, and on most imports from China for worsening business conditions. Thirty-five percent said the duties have hurt their companies, while just 7% said they had a positive effect.Of those who said tariffs had impacted their companies, 19% said they had lowered their sales and 30% said the duties pushed up costs.That has cut into profits for many firms. Just 19% of economists said their companies’ profit margins have risen in the past three months, barely half the 37% who reported greater profits a year earlier.Two-thirds of the economists surveyed now forecast that the economy will grow just 1.1% to 2% from the third quarter of 2019 through the third quarter of 2020. A year ago, they were more bullish: Nearly three-quarters forecast growth of 2.1% to 3% from the third quarter of 2018 through the third quarter of 2019.The NABE surveyed 101 economists at companies and trade associations from Sept. 26 through Oct. 14. 2672

Actress Heather Locklear pleaded no contest to multiple charges of battery on law enforcement personnel who responded to domestic disturbance calls at her home last year.The "Melrose Place" star faced eight misdemeanor counts: five counts of battery on a peace officer, one count of battery on emergency personnel and two counts of resisting, obstructing or delaying a peace officer, 396

ALBANY, N.Y. -- In New York’s capital region, just 20 minutes north of the state capital building, is Tech Valley Office Interiors and Rod Dion who has owned the small business for 15 years.“It’s been quite a ride,” said Dion. “We opened up, we were very successful our first three years, then the great recession hit and we had four or five years we prefer not to look back at and ever since then, it has been a happily steady rise again.” Like many small businesses in America, Tech Valley has enjoyed growth in this economy. However, with the upside has come a downside of a tight labor market.“Before, I would just put an ad up and I would have 50 resumes and have a person within a day or two,” Dion explained. “Now, I can go 30 days and I will get two or three resumes and they are not even qualified for the position.”Tech Valley is a part of the 88 percent of small businesses across the country that report struggling to hire qualified workers in a labor market where there are more available jobs than people looking for work. The Department of Labor and Statistics estimates there are 6.4 million jobs available but only 5.89 million people seeking work. Employees have an advantage and are forcing all employers to get competitive to actually hire good talent.Tech Valley is in that position currently, trying to hire at least two full-time positions. “We are paying a lot more than we did in the past,” said Dion. “We are probably paying about ,000 more in starting salary more, per employee, than we were 10 years ago.”Like most small businesses, Tech Valley cannot afford more significant salary increases. However, it still has to compete for new talent in this labor market and compete to keep its current staff, so it’s begun helping employees pay off their college debt. Student loan repayment is a benefit few employers offer. It can be costly, but ultimately less expensive than what it would cost the company to lose an employee or not be able to grow its staff.“The only way a business like mine is going to grow is to grow my staff, so if I can’t grow my staff, we are not going to grow as a whole,” said Dion.Stunted growth in any business could eventually lead to less profits, which would be an even bigger problem.“It is very difficult right now there is more of a strain going on than many people realize, but in many ways there have been positives out of it,” Dion explained. “Salaries have gone up and businesses understand what they have to do to respond to their needs.” 2518