Unemployment claims jump to 853,000 amid resurgence of COVID-19
The number of people applying for unemployment aid jumped last week to 853,000, the most since September, evidence that some companies are cutting more jobs as new virus cases spiral higher.
The number of people applying for unemployment aid jumped last week to 853,000, the most since September, evidence that some companies are cutting more jobs as new virus cases spiral higher.
US economy will return to pre-pandemic levels by second-half of 2021, experts predict
The U.S. economy's growth is likely slowing as 2020 comes to a close, but a growing number of economists expect it to claw back to its pre-pandemic strength by the second half of next year.
The U.S. economy's growth is likely slowing as 2020 comes to a close, but a growing number of economists expect it to claw back to its pre-pandemic strength by the second half of next year.
A bleak outlook for millions facing cutoff of US jobless aid
If no agreement is reached in negotiations, more than 9 million people will lose federal jobless aid that averages about $320 a week.
If no agreement is reached in negotiations, more than 9 million people will lose federal jobless aid that averages about $320 a week.
Trump administration suspends student federal loan payments through January
By extending payments by one month, the administration is effectively leaving it to the Biden administration or Congress to decide whether to provide longer-term relief to millions of student borrowers.
By extending payments by one month, the administration is effectively leaving it to the Biden administration or Congress to decide whether to provide longer-term relief to millions of student borrowers.
Biden predicts 'bleak future' if Congress doesn't act on aid
President-elect Joe Biden is predicting the economic crisis brought on by the coronavirus pandemic will only get worse if Congress doesn’t act quickly to pass an aid bill.
President-elect Joe Biden is predicting the economic crisis brought on by the coronavirus pandemic will only get worse if Congress doesn’t act quickly to pass an aid bill.
Employers add a modest 245,000 jobs in November as coronavirus pandemic intensifies
America’s employers scaled back their hiring last month as the viral pandemic accelerated across the country, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown.
America’s employers scaled back their hiring last month as the viral pandemic accelerated across the country, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown.
Scam alert: HHS warns of fake social media accounts promising COVID-19 grant money
The Office of the Inspector General for the U.S. Department of Health and Human Services is warning the public of yet another COVID-19-related scam being perpetrated through social media.
The Office of the Inspector General for the U.S. Department of Health and Human Services is warning the public of yet another COVID-19-related scam being perpetrated through social media.
Unemployment claims remain high at 712,000 as COVID-19 pandemic escalates
The number of Americans applying for unemployment benefits fell last week to a still-high 712,000, the latest sign that the U.S. economy and job market remain under stress from the intensified viral outbreak.
The number of Americans applying for unemployment benefits fell last week to a still-high 712,000, the latest sign that the U.S. economy and job market remain under stress from the intensified viral outbreak.
IRS admits to erroneously sending $34M in COVID-19 stimulus funds overseas
The IRS acknowledged that it was responsible for sending $34 million worth of COVID-19 stimulus checks to ineligible people living outside of the United States.
The IRS acknowledged that it was responsible for sending $34 million worth of COVID-19 stimulus checks to ineligible people living outside of the United States.
Work in paradise: Hawaii offering incentives to remote workers who move to state
Hawaii’s new Movers and Shakas program hopes to attract talented individuals to the islands to work remotely, forging an economy resilient to economic downturns like the one triggered by the COVID-19 pandemic.
Hawaii’s new Movers and Shakas program hopes to attract talented individuals to the islands to work remotely, forging an economy resilient to economic downturns like the one triggered by the COVID-19 pandemic.
Biden unveils economic team at critical moment for recovery
President-elect Joe Biden on Tuesday introduced top advisers he says will help his administration rebuild an economy hammered by the coronavirus pandemic.
President-elect Joe Biden on Tuesday introduced top advisers he says will help his administration rebuild an economy hammered by the coronavirus pandemic.
McConnell says 'no reason' coronavirus relief shouldn't pass by year's end
Lawmakers have just weeks to reach terms on an agreement before Congress adjourns for the year on Dec. 21.
Lawmakers have just weeks to reach terms on an agreement before Congress adjourns for the year on Dec. 21.
Coronavirus aid, federal funding remain unresolved as Congress returns
Congress is returning to Washington for one last attempt at deal-making this year.
Congress is returning to Washington for one last attempt at deal-making this year.
Black Friday crowds thin amid surging COVID-19 pandemic as retailers push online sales
In normal times, Black Friday is the busiest shopping day of the year, drawing millions of shoppers eager to get started on their holiday spending. But these are not normal times.
In normal times, Black Friday is the busiest shopping day of the year, drawing millions of shoppers eager to get started on their holiday spending. But these are not normal times.
Small Business Saturday more critical this holiday season amid coronavirus pandemic
Sandwiched between Black Friday and Cyber Monday is Small Business Saturday, a national initiative to shop local and break away from large box stores. However, this year shoppers will notice a few changes because of COVID-19.
Sandwiched between Black Friday and Cyber Monday is Small Business Saturday, a national initiative to shop local and break away from large box stores. However, this year shoppers will notice a few changes because of COVID-19.
US economy sprints toward normal in 2021 but with coronavirus scars
With the help of COVID-19 vaccines and, possibly, more government relief, the U.S. economy may return to normal by the second half of next year.
With the help of COVID-19 vaccines and, possibly, more government relief, the U.S. economy may return to normal by the second half of next year.
1 in 10 Americans did not have enough food to eat last week, according to the US Census Bureau
As people continue to lose jobs in a crippled economy during the ongoing COVID-19 pandemic, the uncertainty of providing food for a full household only adds to the stress.
As people continue to lose jobs in a crippled economy during the ongoing COVID-19 pandemic, the uncertainty of providing food for a full household only adds to the stress.
Democrats call for student loan forgiveness but GOP wary
CrossFit coach Amanda Deller has something weighing her down: a $600 per month payment on her student loan. She hopes that Washington will help her and other borrowers.
CrossFit coach Amanda Deller has something weighing her down: a $600 per month payment on her student loan. She hopes that Washington will help her and other borrowers.
Oklahoma organization offering $10K if you move to Tulsa for remote work
Tulsa Remote is an incentive program offering $10,000 to out-of-state remote workers who move to Oklahoma.
Tulsa Remote is an incentive program offering $10,000 to out-of-state remote workers who move to Oklahoma.
12 million Americans will soon lose unemployment benefits—can they expect a stimulus?
When 12 million Americans will be cut off from unemployment benefits the day after Christmas, how will they pay the bills?
When 12 million Americans will be cut off from unemployment benefits the day after Christmas, how will they pay the bills?