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.

Best Buy lays off 5,000 workers, adds part-time roles

Best Buy laid off 5,000 workers and added 2,000 part-time employees as the company responds to growing online sales during the pandemic and a diminishing need for in-store employees.

Unemployment claims drop to 730,000; pandemic keeps layoffs high

The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards.

Tech stocks slide as bond yields spike, GameStop soars

Investors turned their focus to another wild surge in GameStop and a handful of other stocks favored by online investors.

39K in DC without unemployment benefits after technical glitch

A technical glitch is costing thousands of people who are out of work in D.C. their unemployment check. The Department of Employment Services said they have looked into the issue and those impacted should receive their money in the coming days.

AOC pushes back after Biden dismisses progressives' plan to cancel $50,000 in student loan debt

Rep. Alexandria Ocasio-Cortez criticized President Biden after he shot down a proposal from progressive Democrats to eliminate $50,000 in student loan debt, saying the president's arguments against acting unilaterally on the matter "just don't hold water."

Did you get the right stimulus check amount? Why you need to know before filing your tax return

Americans who have not received their coronavirus stimulus check payments, or who received the incorrect amount, have an opportunity to claim the missing money now that the 2020 tax season is officially underway.

Unemployment claims dip to 793,000; layoffs remain high

Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.

Employers added 49K jobs last month as US unemployment fell to 6.3%

U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.

Jobless claims fall to 779,000; layoffs grind on

The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.