'I am optimistic now': Post-pandemic hiring could rebound quickly

A hopeful view is gaining steam that as vaccinations reach a critical mass, perhaps around midyear, and the government provides further stimulus, the economy and the job market will strengthen much faster than they did after previous recessions.

Democrats move forward with Biden's COVID-19 relief bill

President Joe Biden told Senate Democrats on a private call Tuesday that a Republican alternative to his $1.9 trillion COVID rescue plan is insufficient as he urged lawmakers to boldly and swiftly confront the coronavirus pandemic and economic crisis.

Some Redditors call #silversqueeze campaign a 'trap,' claim hedge funds behind surge

The rush into silver futures Monday created confusion amid Wall Street chaos, with some retail traders on Reddit calling the surge in commodity prices a “false flag.”

Idaho father wins lottery -- for the sixth time

A father in Idaho has won the lottery -- for the sixth time! His latest haul: $250,000. He says he plans to use the winnings for his daughter's education.

Biden, Democrats hit gas on push for $15 minimum wage

Biden called for a $15 hourly minimum wage during his campaign and has followed through by hitching it to a measure that, among other things, calls for $1,400 stimulus checks and $130 billion to help schools reopen.

Robinhood tells customers it will allow ‘limited buys’ amid GameStop, AMC trading frenzy

Robinhood, the online trading platform at the center of a speculative frenzy involving shares of GameStop, AMC and other flailing companies, told its customers Thursday that it would be allowing “limited buys” of these companies starting Friday.

GameStop stock explained: Here’s what short selling is and why it’s shaking up Wall Street

Amid the recent astronomical surge in value of shares of struggling companies like GameStop and AMC, trading strategies like short selling and short squeezing have been trending all over social media, leaving many scrambling to keep up. Here’s what you need to know to understand what’s going on.

GameStop stock price frenzy: What to know

Trading volume has surged in shares of GameStop, AMC Entertainment, as well as Bed Bath & Beyond and BlackBerry, stunning Wall Street firms betting that those stocks would fall.

Lowe's announces another $80M in employee bonuses, will hire more than 50,000 workers

Lowe's announced that it will reward all of its full-time hourly employees with $300 bonuses for their work during the COVID-19 pandemic, while part-time employees will get $150. The company also plans to hire 50,000 more workers for the spring.

US economy shrank 3.5% in last year after growing 4% last quarter

Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years.

Unemployment claims drop; still at 847,000 as pandemic rages on

The number of Americans applying for unemployment benefits fell to a historically high 847,000 last week, a sign that layoffs remain high as the coronavirus pandemic continues to rage.

Investment firms back down after Reddit thread sends GameStop shares soaring

Wall Street professionals were counting on GameStop’s stock price to plunge - but an army of smaller investors rallied on Reddit to beat the pros and support the struggling retail chain.

Terms for $1,400 stimulus checks could change, what to know

President Joe Biden on Monday said he was open to negotiating terms for a pending round of economic impact payments, which may indicate that fewer individuals would end up qualifying.

Lawmaker wants $1,400 stimulus checks reserved for those who get vaccine

President Joe Biden unveiled a massive $1.9 trillion stimulus package proposal that aims to combat the coronavirus and begins to pump up a U.S. economy. 

Biden signs executive order for government to buy more US goods

President Joe Biden signed on Monday an executive order that aims to boost government purchases from U.S. manufacturers, according to administration officials.

Stimulus checks and your 2020 taxes: All of your questions, answered

The federal government has delivered two stimulus checks to tens of millions of Americans as part of an effort to blunt the economic pain triggered by the coronavirus pandemic, but many are wondering how the payments could affect your 2020 taxes as filing season approaches.

Biden's Treasury secretary nominee Janet Yellen clears Senate committee

The Senate Finance Committee has approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th Treasury secretary.