A new $300 federal unemployment benefit? Not likely for some
Due to a raft of restrictions and bureaucratic hurdles, more than 1 million unemployed Americans won't receive that $300 check.
Due to a raft of restrictions and bureaucratic hurdles, more than 1 million unemployed Americans won't receive that $300 check.
Unemployment claims fall to 881,000 but layoffs remain elevated
The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week.
The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week.
Budget deficit to hit record $3.3T, putting US debt on track to exceed GDP next year
The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the federal ledger.
The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the federal ledger.
Business owners tap into savings to withstand pandemic
Many business owners are tapping the money they socked into personal savings and retirement accounts to survive the coronavirus pandemic.
Many business owners are tapping the money they socked into personal savings and retirement accounts to survive the coronavirus pandemic.
United plans to furlough 16,000 workers, fewer than expected
United Airlines said Wednesday it plans to furlough 16,370 employees in October, down from an earlier target of 36,000 after thousands of workers took early retirement, buyouts, or long-term leaves of absence with the industry facing a slow recovery from the pandemic.
United Airlines said Wednesday it plans to furlough 16,370 employees in October, down from an earlier target of 36,000 after thousands of workers took early retirement, buyouts, or long-term leaves of absence with the industry facing a slow recovery from the pandemic.
Coronavirus pandemic brings hard times for farmers, worsening hunger
The coronavirus pandemic has brought hard times for many farmers and has imperiled food security for many millions both in the cities and the countryside.
The coronavirus pandemic has brought hard times for many farmers and has imperiled food security for many millions both in the cities and the countryside.
Biden retirement proposal would overhaul traditional 401(k) tax benefits
Biden's plan could send high-income earners away from 401k accounts.
Biden's plan could send high-income earners away from 401k accounts.
In college towns, smaller businesses struggle without students
Small business owners in college towns across the U.S. are hoping for the best when students return — and bracing for the worst.
Small business owners in college towns across the U.S. are hoping for the best when students return — and bracing for the worst.
More than 1 million Americans applied for unemployment benefits
Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.
Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.
IRS to send 50,000 'catch-up' stimulus checks in September
The wrongly withheld payments will be mailed in early-to-mid September.
The wrongly withheld payments will be mailed in early-to-mid September.
Eliminating payroll tax could deplete Social Security by 2023, chief actuary estimates
Trump has said he could eliminate the tax if he is reelected without undercutting the retirement program or greatly adding to the deficit.
Trump has said he could eliminate the tax if he is reelected without undercutting the retirement program or greatly adding to the deficit.
Millions of jobs lost to coronavirus pandemic could take years to return
The damage inflicted to the jobs market is expected to persist for years, IRS projections show.
The damage inflicted to the jobs market is expected to persist for years, IRS projections show.
Could Americans still receive a second stimulus check? Everything we know
With White House officials and top Democrats at a weeks-long impasse over another coronavirus relief package, Senate Republicans are preparing to unveil their own new proposal — a pared-down version of a previous bill that notably does not include a fresh round of stimulus checks.
With White House officials and top Democrats at a weeks-long impasse over another coronavirus relief package, Senate Republicans are preparing to unveil their own new proposal — a pared-down version of a previous bill that notably does not include a fresh round of stimulus checks.
US unemployment claims jump back above 1 million in face of coronavirus
The coronavirus recession struck swiftly and violently. Now, with the economy still in the grip of the pandemic five months later, the recovery looks fitful and uneven — and painfully slow.
The coronavirus recession struck swiftly and violently. Now, with the economy still in the grip of the pandemic five months later, the recovery looks fitful and uneven — and painfully slow.
Rise in jobless claims reflects a U.S. economy struggling to recover
The number of workers seeking U.S. unemployment benefits rose back above 1 million last week after two weeks of declines.
The number of workers seeking U.S. unemployment benefits rose back above 1 million last week after two weeks of declines.
IRS to send interest payments averaging $18 to nearly 14 million Americans
The Internal Revenue Service announced Tuesday it will be sending checks averaging $18 each to nearly 14 million Americans.
The Internal Revenue Service announced Tuesday it will be sending checks averaging $18 each to nearly 14 million Americans.
Looking for work? These companies are hiring amid the coronavirus pandemic
Delivery services and grocery store chains are among those in need of help.
Delivery services and grocery store chains are among those in need of help.
Amazon to add 3,500 jobs within these US tech hubs
Amazon Inc. announced plans Tuesday to expand operations and add thousands of jobs within six major U.S. tech hubs across the country.
Amazon Inc. announced plans Tuesday to expand operations and add thousands of jobs within six major U.S. tech hubs across the country.
Domino's to hire more than 20,000 workers in US
Domino's announced Monday that it will hire more than 20,000 employees nationwide for positions including delivery drivers, pizza makers, customer service representatives, managers and assistant managers.
Domino's announced Monday that it will hire more than 20,000 employees nationwide for positions including delivery drivers, pizza makers, customer service representatives, managers and assistant managers.
White House pushes compromise on post office funding, stimulus checks
Chief of Staff Meadows signals Trump would sign bill with stimulus checks, liability protection for small businesses, PPP extension and post office funding.
Chief of Staff Meadows signals Trump would sign bill with stimulus checks, liability protection for small businesses, PPP extension and post office funding.