US unemployment drops unexpectedly to 13.3% amid outbreak
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.
JCPenney shutting down 154 stores after coronavirus-driven bankruptcy
Nearly three weeks after JCPenney filed for Chapter 11 bankruptcy, the company has announced it will close down 154 stores nationwide in 38 states as a first step in reorganizing the business.
Nearly three weeks after JCPenney filed for Chapter 11 bankruptcy, the company has announced it will close down 154 stores nationwide in 38 states as a first step in reorganizing the business.
Should you continue paying private student loans if payments are suspended?
With interest rates in steep decline, it’s a good time to refinance a mortgage. Just make sure you’re taking the right steps.
With interest rates in steep decline, it’s a good time to refinance a mortgage. Just make sure you’re taking the right steps.
1.9 million seek jobless aid even as reopenings slow layoffs
Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs.
Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs.
How to find the best student loans (and get the lowest rates)
Shopping for the right student loans can help you save money on your education. Here are three key factors to look for when selecting a student loan lender.
Shopping for the right student loans can help you save money on your education. Here are three key factors to look for when selecting a student loan lender.
Should small business owners take out personal loans during coronavirus?
A personal loan can provide working capital to businesses during a financial crisis.
A personal loan can provide working capital to businesses during a financial crisis.
AMC theater chain warns it may not survive pandemic
All of AMC's theaters are shut down through June, which means the company isn't generating any revenue. AMC said it had enough cash to reopen its theaters this summer, as it plans to do.
All of AMC's theaters are shut down through June, which means the company isn't generating any revenue. AMC said it had enough cash to reopen its theaters this summer, as it plans to do.
Cinema chain AMC warns it may not survive the pandemic
Movie theater chain AMC warned Wednesday that it may not survive the coronavirus pandemic, which has shuttered its theaters and led film studios to explore releasing more movies directly to viewers over the internet.
Movie theater chain AMC warned Wednesday that it may not survive the coronavirus pandemic, which has shuttered its theaters and led film studios to explore releasing more movies directly to viewers over the internet.
3 ways to tackle private student loans if you can’t pay due to coronavirus
If you’re having trouble paying down student loan debt during the pandemic, there may be some relief options to consider.
If you’re having trouble paying down student loan debt during the pandemic, there may be some relief options to consider.
Businesses cut 2.76 million jobs in May, survey says
U.S. businesses shed 2.76 million jobs in May as the economic damage from the coronavirus outbreak stretched into a third month.
U.S. businesses shed 2.76 million jobs in May as the economic damage from the coronavirus outbreak stretched into a third month.
When should you refinance your mortgage?
Interest rates are at historic lows, signaling a good time to refinance.
Interest rates are at historic lows, signaling a good time to refinance.
How to get rid of $5,000 of credit card debt
Here are four strategies you can use to crawl out of credit card debt.
Here are four strategies you can use to crawl out of credit card debt.
Looting devastates businesses already shaken by virus
Looting and vandalism in cities across the country have dealt another blow to small businesses that were already reeling from the coronavirus outbreak.
Looting and vandalism in cities across the country have dealt another blow to small businesses that were already reeling from the coronavirus outbreak.
Stocks fight for gains after Trump vows to quell rioting
U.S. equity markets fought for gains Tuesday after President Trump threatened to deploy the military to quell violence and looting in cities across America after the death of a black man in police custody in Minneapolis.
U.S. equity markets fought for gains Tuesday after President Trump threatened to deploy the military to quell violence and looting in cities across America after the death of a black man in police custody in Minneapolis.
Short on cash? What to do when you need help
As millions file for unemployment assistance during Coronavirus, many are short on funds. Here’s what to do when you need cash fast.
As millions file for unemployment assistance during Coronavirus, many are short on funds. Here’s what to do when you need cash fast.
Coronavirus could cause multitrillion-dollar decline in US economic output, new report shows
CBO expects a 'significant markdown' in GDP over the coming decade.
CBO expects a 'significant markdown' in GDP over the coming decade.
Stocks shrug off weekend riots, June begins on high note
ISM Manufacturing rose to 43.1 in May.
ISM Manufacturing rose to 43.1 in May.
How to ask for a credit balance refund
Do you need a credit balance refund for a negative credit card balance? Here's what you need to know about getting your money back from your credit card issuer.
Do you need a credit balance refund for a negative credit card balance? Here's what you need to know about getting your money back from your credit card issuer.
Interest rates are low right now — do these 3 things to earn more money
With interest rates in decline, where can a saver go to pad their portfolio? These three landing spots make the grade.
With interest rates in decline, where can a saver go to pad their portfolio? These three landing spots make the grade.
Local stores looking forward to reopening met with frustration as looters vandalize storefronts
The weekend of May 30 was supposed to signify hope as stores in Los Angeles County were given the greenlight to reopen after being closed for months due to the coronavirus... however, that’s not the case anymore.
The weekend of May 30 was supposed to signify hope as stores in Los Angeles County were given the greenlight to reopen after being closed for months due to the coronavirus... however, that’s not the case anymore.