Pelosi reportedly drafting $750B bill to aid state, local governments

close Secretary Mnuchin on lost jobs, toll coronavirus pandemic is taking on US economy House Speaker Nancy Pelosi is reportedly drafting legislation that would assist states and local governments that have seen their economy contract amid the coronavirus pandemic, but any new bill is expected to face resistance from Republicans who’ve said they have been largely left out of negotiations.

Mnuchin says economy will go from bad to worse, but things will soon get better

Treasury Secretary Steve Mnuchin offered a sobering take on the current state of American unemployment during the coronavirus pandemic, but remained optimistic that circumstances will take a turn for the better later in the year and the Trump administration is there to help in the meantime.

Unemployment 'could be' nearing Great Depression levels: Mnuchin

More than a decade of job gains were erased in April; the stunning job losses are more than double what the U.S. saw during the 2008 financial crisis.

Virginia small businesses approved for $12.7B in aid loans amid pandemic

More than 86,000 federal loans totaling $12.7 billion have been approved for small businesses in Virginia for relief amid the coronavirus pandemic.

Landlords, lenders brace for nationwide rent strike

It’s the first of the month and the rent is due. But, tenants in the nation’s biggest cities are striking because they simply can’t afford to pay the rent, as many have been left without jobs due to economic fallout from the coronavirus pandemic.

West Virginia lifting stay-home order, allowing some businesses to open next week

West Virginia Gov. Jim Justice on Thursday said he is lifting the statewide stay-home order next week as part of his plan to ease coronavirus restrictions.

US jobless claims soar past 30 million as 3.8 million more workers seek aid

More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.

Virginia jobless claims reach 500,000 since coronavirus hit

More than a half million Virginians have filed unemployment claims since the coronavirus outbreak hit the state last month.

Trump says ‘we’ll get that back,’ after people report dead relatives receiving stimulus checks

With the U.S. unemployment rate expected to his 20 percent soon, a number not seen since the great depression, millions of Americans received relief checks early in April in a bid to replace lost income due to the coronavirus closures. Unfortunately, many of the relief recipients are no longer living. 

Coronavirus IRS stimulus check error could be fixed with this hack

Americans who are having a hard time when it comes down to checking their CARES Act stimulus check’s payment status may need to enter their address a different way, according to social media users.

US economy shrank at 4.8% rate last quarter as coronavirus struck

The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.

Maryland apologizes for poor launch of online unemployment claim portal

State officials are apologizing for the less than stellar launch of Maryland's new online portal for unemployment claims saying its debut has "clearly fallen short."

Maryland unemployment website fails after weekend launch

Maryland's online portal for filing unemployment claims is back online after it was taken down to correct issues.