Biden signs executive orders on $15 minimum wage for federal workers, food aid increases
President Joe Biden plans to take executive action to provide a stopgap measure of financial relief to millions of Americans.
President Joe Biden plans to take executive action to provide a stopgap measure of financial relief to millions of Americans.
Unemployment claims fall to a still-high 900,000
Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a raging pandemic.
Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a raging pandemic.
Wall Street stocks rally to records on Inauguration Day 2021
U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.
U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.
Janet Yellen, Biden's Treasury secretary pick, pushes for quick passage of $1.9 trillion COVID-19 relief plan
Janet Yellen, President-elect Joe Biden's choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its $1.9 trillion pandemic relief plan, rejecting Republican arguments that the measure is too big given the size of U.S. budget deficits.
Janet Yellen, President-elect Joe Biden's choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its $1.9 trillion pandemic relief plan, rejecting Republican arguments that the measure is too big given the size of U.S. budget deficits.
Joe Biden arriving in Washington with big plans, big problems
Joe Biden is arriving in the nation's capital Tuesday -- ready to assume power as the nation reels from the coronavirus pandemic, soaring unemployment and grave concerns about more violence as he prepares to take the oath of office.
Joe Biden is arriving in the nation's capital Tuesday -- ready to assume power as the nation reels from the coronavirus pandemic, soaring unemployment and grave concerns about more violence as he prepares to take the oath of office.
Jobless claims jump to 965,000 as COVID-19 pandemic takes toll
The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs.
The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs.
Biden eyes child tax credit expansion among stimulus measures: Report
President-elect Joe Biden is imminently expected to outline his plans for additional stimulus measures as the U.S. battles surging COVID-19 cases.
President-elect Joe Biden is imminently expected to outline his plans for additional stimulus measures as the U.S. battles surging COVID-19 cases.
Schumer pledges quick delivery of $2,000 stimulus checks: 'We will get that done'
Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.
Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.
Once again, job losses fall unequally across the US economy
Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses — an unusual and harsh feature of the pandemic recession that flattened the economy last spring.
Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses — an unusual and harsh feature of the pandemic recession that flattened the economy last spring.
US lost 140,000 jobs in December; first monthly loss since spring
U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.
U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.
Biden to pick Rhode Island Gov. Raimondo as commerce secretary
President-elect Joe Biden has picked Rhode Island Gov. Gina Raimondo to lead the Commerce Department, helping set trade policy and looking to promote U.S. opportunities for growth domestically and overseas.
President-elect Joe Biden has picked Rhode Island Gov. Gina Raimondo to lead the Commerce Department, helping set trade policy and looking to promote U.S. opportunities for growth domestically and overseas.
Jobless claims slip to still-high 787,000 in the US
The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months.
The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months.
Dow, S&P 500 wrap 2020 with records, Tesla crosses $700 level
U.S. stocks wrapped a wild 2020 with a basket of records.
U.S. stocks wrapped a wild 2020 with a basket of records.
Unemployment benefit claims unexpectedly fall as coronavirus lockdowns widen
The number of Americans filing for first-time unemployment benefits fell last week amid a rise in COVID-19 infections and new restrictions aimed at slowing the spread of the disease.
The number of Americans filing for first-time unemployment benefits fell last week amid a rise in COVID-19 infections and new restrictions aimed at slowing the spread of the disease.
McConnell blocks immediate Democratic push for $2,000 stimulus checks
Senate Majority Leader Mitch McConnell on Tuesday blocked Democrats' push to immediately bring President Donald Trump's demand for bigger $2,000 COVID-19 relief checks up for a vote.
Senate Majority Leader Mitch McConnell on Tuesday blocked Democrats' push to immediately bring President Donald Trump's demand for bigger $2,000 COVID-19 relief checks up for a vote.
Nearly 8M have fallen into poverty since summer as US sees largest increase in single year
Poverty in the United States has risen sharply in recent months amid the coronavirus pandemic, with 7.8 million Americans falling into poverty since the summer, according to new data released this month.
Poverty in the United States has risen sharply in recent months amid the coronavirus pandemic, with 7.8 million Americans falling into poverty since the summer, according to new data released this month.
McConnell praises Trump for signing COVID-19, government funding bills
Senate Majority Leader Mitch McConnell praised President Trump late Sunday for signing a $900 billion pandemic package and a $1.4 trillion government funding bill to avert a government shutdown.
Senate Majority Leader Mitch McConnell praised President Trump late Sunday for signing a $900 billion pandemic package and a $1.4 trillion government funding bill to avert a government shutdown.
'It does break my heart a little bit': A bleak Christmas for America's unemployed
Millions of Americans have been jobless since the viral pandemic ripped through the U.S. economy in March, triggering a deep recession and causing widespread unemployment.
Millions of Americans have been jobless since the viral pandemic ripped through the U.S. economy in March, triggering a deep recession and causing widespread unemployment.
House Dems will try to pass $2,000 stimulus checks this week after Trump signals support
House Democrats are planning to force a vote this week on increasing the size of the stimulus checks included in the $900 billion coronavirus relief package after President Trump demanded Congress raise the payments from $600 to $2,000 per adult.
House Democrats are planning to force a vote this week on increasing the size of the stimulus checks included in the $900 billion coronavirus relief package after President Trump demanded Congress raise the payments from $600 to $2,000 per adult.
Layoffs remain elevated as 803,000 seek unemployment aid
The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs.
The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs.