What will the next coronavirus relief bill look like? Congress mulls stimulus checks and back-to-work bonus
As a recent coronavirus resurgence threatens to derail the U.S. economy's gradual recovery from the worst downturn since the Great Depression, the spike in cases has put added pressure on Congress to pass another round of fiscal aid.
As a recent coronavirus resurgence threatens to derail the U.S. economy's gradual recovery from the worst downturn since the Great Depression, the spike in cases has put added pressure on Congress to pass another round of fiscal aid.
US adds 4.8 million jobs as unemployment falls to 11.1%
While the jobless rate was down from 13.3% in May, it is still at a Depression-era level. And the data was gathered during the second week of June, just before a number of states began to reverse or suspend the reopenings of their economies to try to beat back the virus.
While the jobless rate was down from 13.3% in May, it is still at a Depression-era level. And the data was gathered during the second week of June, just before a number of states began to reverse or suspend the reopenings of their economies to try to beat back the virus.
Buy now, fly later? What travel experts say about today’s low prices for future flights
With coronavirus cases surging in some states and more international borders closed than open, the friendly skies aren’t so friendly. But there is a silver lining.
With coronavirus cases surging in some states and more international borders closed than open, the friendly skies aren’t so friendly. But there is a silver lining.
Will Americans get a second coronavirus stimulus check? Your top questions answered
President Trump signaled this week that he supports sending a second round of direct cash payments to Americans still reeling from the coronavirus pandemic and subsequent economic lockdown.
President Trump signaled this week that he supports sending a second round of direct cash payments to Americans still reeling from the coronavirus pandemic and subsequent economic lockdown.
Dueling Trump-Biden events offer contrasting virus responses
A presidential campaign that has largely been frozen for several months because of the coronavirus took on a degree of normalcy as President Donald Trump and his Democratic challenger, Joe Biden, swung through critical battleground states presenting starkly different visions for a post-pandemic America.
A presidential campaign that has largely been frozen for several months because of the coronavirus took on a degree of normalcy as President Donald Trump and his Democratic challenger, Joe Biden, swung through critical battleground states presenting starkly different visions for a post-pandemic America.
Walmart pays another round of cash bonuses to US hourly employees working during pandemic
Full-time hourly associates were given a $300 bonus and part-time hourly and temporary associates received $150 on June 25.
Full-time hourly associates were given a $300 bonus and part-time hourly and temporary associates received $150 on June 25.
US sent $1.4 billion in coronavirus relief payments to dead people
While the IRS has asked survivors to return the money, it's not clear they have to.
While the IRS has asked survivors to return the money, it's not clear they have to.
Another 1.48 million laid-off workers seek US jobless aid
The number of laid-off workers who applied for unemployment benefits fell to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level.
The number of laid-off workers who applied for unemployment benefits fell to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level.
US inmates got coronavirus relief checks, and IRS wants them back
The legislation authorizing the payments during the pandemic doesn’t specifically exclude jail or prison inmates, and the IRS has refused to say exactly what legal authority it has to retrieve the money.
The legislation authorizing the payments during the pandemic doesn’t specifically exclude jail or prison inmates, and the IRS has refused to say exactly what legal authority it has to retrieve the money.
New York has highest tax burden in U.S.
A new study finds that New Yorkers have the highest tax burden in the country.
A new study finds that New Yorkers have the highest tax burden in the country.
Only 47% of Americans are losing sleep over money despite pandemic: Study
For the 47 percent who are worried about money issues currently, 23 percent said their cause of stress revolved around everyday expenses, which Bankrate noted was down from the 32 percent who said the same last year.
For the 47 percent who are worried about money issues currently, 23 percent said their cause of stress revolved around everyday expenses, which Bankrate noted was down from the 32 percent who said the same last year.
IRS grants additional relief to retirement savers required to take plan distributions
Individuals can roll distributed funds back into a plan through August, according to IRS.
Individuals can roll distributed funds back into a plan through August, according to IRS.
US new home sales rise surprisingly strong 16.6% in May
Sales of new homes rose a surprisingly strong 16.6% in May suggesting that the reopening of major parts of the country were giving a boost to the housing market.
Sales of new homes rose a surprisingly strong 16.6% in May suggesting that the reopening of major parts of the country were giving a boost to the housing market.
Trump hints at 'generous' second stimulus check
"We will be doing another stimulus package," President Trump said. "It'll be very good, it'll be very generous."
"We will be doing another stimulus package," President Trump said. "It'll be very good, it'll be very generous."
Not tying the knot due to COVID-19? Here's why not getting married could have severe financial ramifications
Financial experts warn that many couples could be making a big mistake by not tying the knot.
Financial experts warn that many couples could be making a big mistake by not tying the knot.
How you can find out if you’re still owed money from the 2017 Equifax data breach
Millions of Americans’ financial information was compromised in an Equifax data breach in 2017.
Millions of Americans’ financial information was compromised in an Equifax data breach in 2017.
IRS permits more Americans to tap retirement accounts without penalty
IRS permits more Americans to tap retirement accounts without penalty.
IRS permits more Americans to tap retirement accounts without penalty.
Persistently high layoffs suggest a slow US economic rebound
Three months after the viral outbreak shut down businesses across the country, U.S. employers are still shedding jobs at a heavy rate, a trend that points to a slow and prolonged recovery from the recession.
Three months after the viral outbreak shut down businesses across the country, U.S. employers are still shedding jobs at a heavy rate, a trend that points to a slow and prolonged recovery from the recession.
Fed Chairman Jerome Powell warns that long downturn would mean severe damage
“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”
“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”
Tenants behind on rent in pandemic face harassment, eviction
The coronavirus pandemic has shut housing courts and prompted most states and federal authorities to initiate policies protecting renters from eviction. But not everyone is covered and a number of landlords -- some desperate to pay their mortgages themselves -- are turning to threats and harassment to force tenants out.
The coronavirus pandemic has shut housing courts and prompted most states and federal authorities to initiate policies protecting renters from eviction. But not everyone is covered and a number of landlords -- some desperate to pay their mortgages themselves -- are turning to threats and harassment to force tenants out.