Unemployment claims rise to 778,000 as COVID-19 pandemic worsens

The number of Americans applying for unemployment benefits rose last week to 778,000, evidence that the U.S. economy and job market remain under strain as coronavirus cases surge and colder weather heighten the risks.

Woman receives refund nearly one year after Zelle causes tattoo troubles

After multiple women have accused a popular DMV tattoo artist of taking their money without providing a service, one woman says FOX 5's spotlight on the issue got her a refund.

Economists urge Congress to send out second round of $1,200 stimulus checks

A group of more than 125 economists is calling on Congress to send out more direct cash payments to American families to help them weather the coronavirus pandemic and subsequent economic downturn.

Unemployment claims increase to 742,000 as COVID-19 cases surge

The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs.

Biden vows to strengthen economy despite exploding COVID-19 pandemic

President-elect Joe Biden on Monday outlined his plans to boost the U.S. economy but said any structural reforms depend first on reining in the COVID-19 pandemic.

Stocks close at record high despite Trump's refusal to concede in 2020 election

A huge fear for Wall Street coming into this month was a contested U.S. presidential election, one that could drag the market through more painful uncertainty.

709,000 seek unemployment aid as pandemic escalates

The number of people seeking unemployment benefits fell last week to 709,000, the fourth straight drop and a sign that the job market is slowly healing.

Rally begins to fade on Wall Street, pulling indexes below records

Stocks closed mostly higher on Wednesday, helped by big technology stocks, but news of tighter restrictions in New York State helped dent an earlier rally.

Apple unveils Macs aimed at working better with iPhones

Apple is rolling out new Mac computers powered by the same kind of chips that run iPhones and iPads, a move aimed at making it easier for its most popular products to work together.

US unemployment drops to 6.9%, more than 600k jobs added

U.S. employers added 638,000 jobs in October, a solid pace though far fewer than needed to regain most of the jobs lost to the pandemic recession just as new viral cases are setting record highs.

Fed signals readiness to do more for economy in grip of pandemic

The Federal Reserve kept its benchmark interest rate at a record low near zero Thursday and signaled its readiness to do more if needed to support an economy under threat from a worsening coronavirus pandemic.

751,000 seek unemployment benefits as pandemic hobbles US economy

The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep cutting jobs in the face of the accelerating pandemic.

McConnell promises COVID-19 stimulus as he maintains seat

Senate Majority Leader Mitch McConnell, R-Ky., promised that approval of a new coronavirus relief package by the end of the year can be reached as lawmakers are set to return to work following Tuesday’s elections.

American unemployment claims fall to 751,000; coronavirus resurges

The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March but a figure that remains historically high and indicates the viral pandemic is still forcing many employers to cut jobs.

Pelosi 'remains optimistic' about COVID-19 relief package before Election Day

Despite failing on Monday to come to an agreement on a coronavirus stimulus package, House Speaker Nancy Pelosi "remains optimistic" that a deal with the White House can be reached before Election Day.

Stocks plunge as COVID-19 cases surge in US

The stock market had its worst day in a month as virus cases surge and help for the economy from Washington remains nowhere in sight.