Trump signs $484 billion measure to aid employers, hospitals
resident Donald Trump has signed a $484 billion bill that aids employers and hospitals under stress from the coronavirus pandemic.
resident Donald Trump has signed a $484 billion bill that aids employers and hospitals under stress from the coronavirus pandemic.
Ally Bank waives overdraft fees for customers amid coronavirus pandemic
The digital-only bank said it is forgiving overdraft fees for customers through July 18, 2020 amid the COVID-19 crisis.
The digital-only bank said it is forgiving overdraft fees for customers through July 18, 2020 amid the COVID-19 crisis.
Somber Congress delivers nearly $500B more in virus aid
Congress delivered a nearly $500 billion infusion of coronavirus spending Thursday, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and one in six U.S. jobs.
Congress delivered a nearly $500 billion infusion of coronavirus spending Thursday, rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and one in six U.S. jobs.
US unemployment claims surge by another 4.4 million
More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday.
More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday.
Grim economic forecast for department store chains
Department store chains are facing a grim economic forecast as the coronavirus crisis drags on.
Department store chains are facing a grim economic forecast as the coronavirus crisis drags on.
Dow climbs 456 points as oil stabilizes and small business funding nears
The Dow Jones Industrial Average climbed 456 points, or 1.99 percent, while the S&P 500 and Nasdaq Composite gained 2.29 percent and 2.8 percent, respectively.
The Dow Jones Industrial Average climbed 456 points, or 1.99 percent, while the S&P 500 and Nasdaq Composite gained 2.29 percent and 2.8 percent, respectively.
Social Security and Medicare funds at risk even before coronavirus pandemic
For Social Security, the projected 2035 date for exhausting the trust fund reserves means that it would be able to pay only 79% of benefits.
For Social Security, the projected 2035 date for exhausting the trust fund reserves means that it would be able to pay only 79% of benefits.
Administration offers plan to cover COVID care for uninsured
Uninsured people would not be liable for costs, according to the Associated Press.
Uninsured people would not be liable for costs, according to the Associated Press.
Evolving aid package offers billions for hospitals, testing
The Trump administration and Congress are nearing an agreement as early as Sunday on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing.
The Trump administration and Congress are nearing an agreement as early as Sunday on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing.
Why some military members had stimulus checks snatched, reduced
USAA, a financial company that caters to military members and veterans, has suspended a policy that had resulted in members having their stimulus checks used to offset existing debts.
USAA, a financial company that caters to military members and veterans, has suspended a policy that had resulted in members having their stimulus checks used to offset existing debts.
Pandemic costing youth sports millions, creating uncertainty
Youth sports is a $25 billion U.S. industry that is essentially shut down due to the coronavirus pandemic, with seemingly endless ripple effects.
Youth sports is a $25 billion U.S. industry that is essentially shut down due to the coronavirus pandemic, with seemingly endless ripple effects.
Experts worry politics will guide voters' virus precautions
Laura Herd says she sleeps better because her state's governor, Michigan Democrat Gretchen Whitmer, imposed one of the nation's strictest stay-at-home orders to combat the coronavirus pandemic. President Donald Trump's actions are another story.
Laura Herd says she sleeps better because her state's governor, Michigan Democrat Gretchen Whitmer, imposed one of the nation's strictest stay-at-home orders to combat the coronavirus pandemic. President Donald Trump's actions are another story.
Dow spikes 700 points as stocks notch second straight week of gains
The Dow Jones Industrial Average soared by as many as 612 points, or 2.6 percent while the S&P 500 and Nasadaq Composite climbed by 2.2 percent and 1.5 percent, respectively.
The Dow Jones Industrial Average soared by as many as 612 points, or 2.6 percent while the S&P 500 and Nasadaq Composite climbed by 2.2 percent and 1.5 percent, respectively.
As $2 trillion in virus aid starts to flow, oversight lags
There are only two people presently overseeing how coronavirus funds from the $2 trillion package are spent..
There are only two people presently overseeing how coronavirus funds from the $2 trillion package are spent..
IRS depositing some coronavirus stimulus checks into wrong bank accounts
If you think your check was sent to the wrong account, call your bank and verify it, the IRS says
If you think your check was sent to the wrong account, call your bank and verify it, the IRS says
Trump gives governors 3-phase plan to reopen economy
President Donald Trump gave governors a road map Thursday for recovering from the economic pain of the coronavirus pandemic, laying out “a phased and deliberate approach” to restoring normal activity in places that have strong testing and are seeing a decrease in COVID-19 cases.
President Donald Trump gave governors a road map Thursday for recovering from the economic pain of the coronavirus pandemic, laying out “a phased and deliberate approach” to restoring normal activity in places that have strong testing and are seeing a decrease in COVID-19 cases.
New pressure on lawmakers as virus aid for firms hits limit
Lawmakers struggled Thursday to break a stalemate over President Donald Trump’s $250 billion emergency request for a small-business program, stoking uncertainty about when additional support will be available in a key rescue program now exhausted of funds.
Lawmakers struggled Thursday to break a stalemate over President Donald Trump’s $250 billion emergency request for a small-business program, stoking uncertainty about when additional support will be available in a key rescue program now exhausted of funds.
Starbucks preparing to reopen stores
Starbucks is exploring plans to reopen its stores in the U.S. after weeks of limited service due to the coronavirus pandemic.
Starbucks is exploring plans to reopen its stores in the U.S. after weeks of limited service due to the coronavirus pandemic.
Layoffs and pay cuts are now striking more white collar jobs
The record-setting flood of layoffs unleashed by the viral outbreak is extending beyond the services industries that bore the initial brunt and are still suffering most. White collar employees, ranging from software programmers and legal assistants to sales associates and some health care workers, are absorbing layoffs or salary cuts.
The record-setting flood of layoffs unleashed by the viral outbreak is extending beyond the services industries that bore the initial brunt and are still suffering most. White collar employees, ranging from software programmers and legal assistants to sales associates and some health care workers, are absorbing layoffs or salary cuts.
Small business loan program runs out of money, no longer accepting applications
A popular small business relief program ran out of funds on Thursday morning, as billions of dollars in additional coronavirus aid remain stuck in congressional limbo.
A popular small business relief program ran out of funds on Thursday morning, as billions of dollars in additional coronavirus aid remain stuck in congressional limbo.