Venmo to allow users to buy crypto including Bitcoin, others

Venmo will allow users to buy and sell cryptocurrencies on its app, the company said Tuesday, the latest mainstream financial platform to wade into alternative currency like Bitcoin.

Unemployment claims fall to 576,000, lowest since COVID-19 pandemic began

The number of Americans applying for unemployment benefits fell sharply last week to 576,000, a hopeful sign that layoffs are easing as the economy recovers from the pandemic recession.

LinkedIn adding ‘stay-at-home parent’ to official job titles

LinkedIn is rolling out a variety of updates, which includes adding “stay-at-home mom/dad/parent” as official job titles to better explain career gaps.

Unemployment claims jump to 744,000 as layoffs persist amid pandemic

The number of Americans applying for unemployment benefits rose last week to 744,000, signaling that many employers are still cutting jobs.

156 million coronavirus relief payments issued, Treasury says

The Treasury Department says it has issued more than 156 million payments as part of President Joe Biden’s coronavirus relief plan.

Hiring ramps up as US adds 916K jobs in March

America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold.

Unemployment claims climb to 719,000; COVID-19 pandemic still forces layoffs

The number of Americans applying for unemployment benefits rose by 61,000 last week to 719,000, signaling that many employers are still cutting jobs even as more businesses reopen, vaccines are increasingly administered and federal aid spreads through the economy.

IRS warns of tax refund email scam targeting college students and staff

The IRS issued a warning this week about an ongoing tax refund phishing scam targeting students and staff at colleges and universities who have a “.edu” email address.

Unemployment claims fall to 684,000, fewest since start of pandemic

The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign the economy is improving.

Biden reportedly planning first major tax hike since 1993 in next economic package

The next spending initiative — which is expected to be even bigger, costing as much as $4 trillion — won't rely on just government debt as a funding source.

Layoffs ease as unemployment claims drop to 712,000

The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November.

House passes $1.9 trillion COVID-19 relief bill, Biden expected to sign on Friday

The House passed the $1.9 trillion COVID-19 relief bill, which includes $1,400 stimulus checks for many Americans. The bill now goes to President Joe Biden’s desk to be signed into law in his first major legislative win.

Senate approves $1.9T COVID-19 relief bill after all-night session

Senators worked through the night on the $1.9 trillion COVID-19 aid bill and have approved the package with a 50-49 vote. The bill is on track to pass in the House next week.

COVID-19 relief bill: Democrats strike deal on jobless benefits after logjam

Senate leaders and moderate Democratic Sen. Joe Manchin have struck a deal over emergency jobless benefits, breaking a nine-hour logjam that had stalled the party’s showpiece $1.9 trillion COVID-19 relief bill.

In hopeful sign for economy, US adds 379,000 jobs in February

U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.

Unemployment claims climb to 745,000; layoffs still high

The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving.