House Dems will try to pass $2,000 stimulus checks this week after Trump signals support
House Democrats are planning to force a vote this week on increasing the size of the stimulus checks included in the $900 billion coronavirus relief package after President Trump demanded Congress raise the payments from $600 to $2,000 per adult.
House Democrats are planning to force a vote this week on increasing the size of the stimulus checks included in the $900 billion coronavirus relief package after President Trump demanded Congress raise the payments from $600 to $2,000 per adult.
Layoffs remain elevated as 803,000 seek unemployment aid
The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs.
The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs.
Trump asks Congress to amend $900B COVID-19 relief bill, increase stimulus checks to $2,000
The bill that was passed by Congress establishes a temporary $300 per week supplemental jobless benefit and a $600 direct stimulus payment to most Americans, but President Donald Trump said he wants lawmakers to increase the check amounts to $2,000 per person or $4,000 for married couples.
The bill that was passed by Congress establishes a temporary $300 per week supplemental jobless benefit and a $600 direct stimulus payment to most Americans, but President Donald Trump said he wants lawmakers to increase the check amounts to $2,000 per person or $4,000 for married couples.
House, Senate vote to OK $900 billion COVID-19 relief bill
House and Senate leaders planned votes for Monday but the final measure was still being finalized.
House and Senate leaders planned votes for Monday but the final measure was still being finalized.
US jobless claims rise to 885,000 amid resurgence of coronavirus
The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy’s recovery.
The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy’s recovery.
Delay in deal on COVID-19 relief, 2nd stimulus check may force weekend sessions for Congress
Congressional negotiators are closing in on a $900 billion COVID-19 economic relief package that would deliver $300-per-week jobless checks and $600 stimulus payments to most Americans.
Congressional negotiators are closing in on a $900 billion COVID-19 economic relief package that would deliver $300-per-week jobless checks and $600 stimulus payments to most Americans.
'Christmas cliff' looms for millions of Americans on the verge of losing their unemployment benefits
It’s being called the “Christmas Cliff.” On Dec. 26, millions of Americans are set to lose their unemployment benefits amid the coronavirus pandemic, adding another layer of stress for those who are jobless this holiday.
It’s being called the “Christmas Cliff.” On Dec. 26, millions of Americans are set to lose their unemployment benefits amid the coronavirus pandemic, adding another layer of stress for those who are jobless this holiday.
Craft distilleries bracing for huge tax hike in 2021
Craft distilleries are bracing for a huge tax hike in the new year that businesses say will wreak havoc on the craft liquor industry.
Craft distilleries are bracing for a huge tax hike in the new year that businesses say will wreak havoc on the craft liquor industry.
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.
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.
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.
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.
DoorDash to look for a valuation of nearly $30B
DoorDash is looking for a valuation of nearly $30 billion when it takes itself public, reflecting how integral food delivery has become in millions of people’s lives during the pandemic.
DoorDash is looking for a valuation of nearly $30 billion when it takes itself public, reflecting how integral food delivery has become in millions of people’s lives during the pandemic.
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.