Why a massive cargo ship blocking the Suez Canal affects global trade
A skyscraper of a ship wedged across the Suez Canal has blocked hundreds of cargo ships from passing through, causing an economic wave around the world.
A skyscraper of a ship wedged across the Suez Canal has blocked hundreds of cargo ships from passing through, causing an economic wave around the world.
Unemployment claims fall to 684,000, fewest since start of pandemic
The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign the economy is improving.
The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign the economy is improving.
Rich Americans shirk tax obligations as IRS collection efforts fall short, report finds
A group of wealthy taxpayers with an average AGI of more than $1.5 million owed more than $2.4 billion, a report showed.
A group of wealthy taxpayers with an average AGI of more than $1.5 million owed more than $2.4 billion, a report showed.
Layoffs ease as unemployment claims drop to 712,000
The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November.
The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November.
House passes $1.9 trillion COVID-19 relief bill, Biden expected to sign on Friday
The House passed the $1.9 trillion COVID-19 relief bill, which includes $1,400 stimulus checks for many Americans. The bill now goes to President Joe Biden’s desk to be signed into law in his first major legislative win.
The House passed the $1.9 trillion COVID-19 relief bill, which includes $1,400 stimulus checks for many Americans. The bill now goes to President Joe Biden’s desk to be signed into law in his first major legislative win.
Senate approves $1.9T COVID-19 relief bill after all-night session
Senators worked through the night on the $1.9 trillion COVID-19 aid bill and have approved the package with a 50-49 vote. The bill is on track to pass in the House next week.
Senators worked through the night on the $1.9 trillion COVID-19 aid bill and have approved the package with a 50-49 vote. The bill is on track to pass in the House next week.
COVID-19 relief bill: Democrats strike deal on jobless benefits after logjam
Senate leaders and moderate Democratic Sen. Joe Manchin have struck a deal over emergency jobless benefits, breaking a nine-hour logjam that had stalled the party’s showpiece $1.9 trillion COVID-19 relief bill.
Senate leaders and moderate Democratic Sen. Joe Manchin have struck a deal over emergency jobless benefits, breaking a nine-hour logjam that had stalled the party’s showpiece $1.9 trillion COVID-19 relief bill.
In hopeful sign for economy, US adds 379,000 jobs in February
U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.
U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.
Unemployment claims climb to 745,000; layoffs still high
The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving.
The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving.
Democrats approve tighter income limits for 3rd stimulus check
In a major concession to moderates, the president and Senate Democrats have agreed to tighten the upper income limits at which people could qualify for stimulus checks.
In a major concession to moderates, the president and Senate Democrats have agreed to tighten the upper income limits at which people could qualify for stimulus checks.
'Tax-time surprise': COVID-19 unemployment benefits lead to higher tax bill for unsuspecting filers
As tax season is in full swing, many Americans are being hit with another financial burden as the COVID-19 pandemic carries on - learning they owe taxes on unemployment benefits.
As tax season is in full swing, many Americans are being hit with another financial burden as the COVID-19 pandemic carries on - learning they owe taxes on unemployment benefits.
Some families could receive up to $14,000 in Democrats' stimulus bill
Some American families could receive as much as $14,000 from the Democrats' new stimulus bill. See if you qualify, here:
Some American families could receive as much as $14,000 from the Democrats' new stimulus bill. See if you qualify, here:
Unemployment claims drop to 730,000; pandemic keeps layoffs high
The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards.
The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards.
Republicans rally solidly against Democrats' COVID-19 relief package
Republicans are rallying solidly against Democrats’ proposed $1.9 trillion COVID-19 relief bill.
Republicans are rallying solidly against Democrats’ proposed $1.9 trillion COVID-19 relief bill.
Study: 1 in 10 U.S. workers may have to switch jobs by 2030 due to impact of COVID-19
Research finds that U.S. workers without a college degree, minorities, women and young people will be the most likely to be the hardest hit.
Research finds that U.S. workers without a college degree, minorities, women and young people will be the most likely to be the hardest hit.
AOC pushes back after Biden dismisses progressives' plan to cancel $50,000 in student loan debt
Rep. Alexandria Ocasio-Cortez criticized President Biden after he shot down a proposal from progressive Democrats to eliminate $50,000 in student loan debt, saying the president's arguments against acting unilaterally on the matter "just don't hold water."
Rep. Alexandria Ocasio-Cortez criticized President Biden after he shot down a proposal from progressive Democrats to eliminate $50,000 in student loan debt, saying the president's arguments against acting unilaterally on the matter "just don't hold water."
Did you get the right stimulus check amount? Why you need to know before filing your tax return
Americans who have not received their coronavirus stimulus check payments, or who received the incorrect amount, have an opportunity to claim the missing money now that the 2020 tax season is officially underway.
Americans who have not received their coronavirus stimulus check payments, or who received the incorrect amount, have an opportunity to claim the missing money now that the 2020 tax season is officially underway.
House panel advances partial COVID-19 relief bill including $1,400 stimulus checks
The panel on Thursday evening approved its $940 billion piece of Biden's proposal on a 25-18 party-line vote
The panel on Thursday evening approved its $940 billion piece of Biden's proposal on a 25-18 party-line vote
Unemployment claims dip to 793,000; layoffs remain high
Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.
Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.
House passes budget resolution for $1.9T coronavirus relief after Senate's marathon session
The vote was 219-209 to adopt the budget framework that the Senate approved early Friday morning thanks to a tie-breaking vote cast by Vice President Kamala Harris.
The vote was 219-209 to adopt the budget framework that the Senate approved early Friday morning thanks to a tie-breaking vote cast by Vice President Kamala Harris.