US lost 140,000 jobs in December; first monthly loss since spring
U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.
U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.
Online glitches, new distribution methods could be why you haven't received your second stimulus check
While the IRS and Treasury have distributed the bulk of the anticipated $164 million in second-round of relief payments for Americans faster than the first time, millions have not gotten payments yet or found hiccups in the distribution.
While the IRS and Treasury have distributed the bulk of the anticipated $164 million in second-round of relief payments for Americans faster than the first time, millions have not gotten payments yet or found hiccups in the distribution.
Jobless claims slip to still-high 787,000 in the US
The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months.
The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months.
Elon Musk becomes richest person in the world, surpassing Jeff Bezos
Move over, Jeff Bezos. There's officially a new richest person on the planet: Elon Musk.
Move over, Jeff Bezos. There's officially a new richest person on the planet: Elon Musk.
Powerball $470M jackpot goes unclaimed as Mega Millions surges to $490M
Mega Millions Drawings are held every Tuesday and Friday at 11 p.m. ET in Atlanta. Identically, Powerball drawings take place in Atlanta at 11 p.m. every Wednesday and Saturday.
Mega Millions Drawings are held every Tuesday and Friday at 11 p.m. ET in Atlanta. Identically, Powerball drawings take place in Atlanta at 11 p.m. every Wednesday and Saturday.
Parents could get up to $1,100 in stimulus money per child born in 2020
Parents who had one or more children born in 2020 could receive up to $1,100 in extra stimulus money per child, according to IRS guidelines.
Parents who had one or more children born in 2020 could receive up to $1,100 in extra stimulus money per child, according to IRS guidelines.
Mega Millions, Powerball jackpots are above $400 million each
Both the Mega Millions and Powerball jackpots have soared to more than $400 million each, with drawings to be held Tuesday and Wednesday.
Both the Mega Millions and Powerball jackpots have soared to more than $400 million each, with drawings to be held Tuesday and Wednesday.
AMC aims to sell $125M in stock due to coronavirus pandemic, say SEC filings
Movie theater intends to sell millions more shares to survive pandemic
Movie theater intends to sell millions more shares to survive pandemic
Unemployment benefit claims unexpectedly fall as coronavirus lockdowns widen
The number of Americans filing for first-time unemployment benefits fell last week amid a rise in COVID-19 infections and new restrictions aimed at slowing the spread of the disease.
The number of Americans filing for first-time unemployment benefits fell last week amid a rise in COVID-19 infections and new restrictions aimed at slowing the spread of the disease.
McConnell blocks immediate Democratic push for $2,000 stimulus checks
Senate Majority Leader Mitch McConnell on Tuesday blocked Democrats' push to immediately bring President Donald Trump's demand for bigger $2,000 COVID-19 relief checks up for a vote.
Senate Majority Leader Mitch McConnell on Tuesday blocked Democrats' push to immediately bring President Donald Trump's demand for bigger $2,000 COVID-19 relief checks up for a vote.
Second stimulus check for $600 could disperse soon, though Congress could still boost amount
The latest round of proposed stimulus checks for Americans comes with a few caveats. Here’s how to find out if you qualify to receive the money.
The latest round of proposed stimulus checks for Americans comes with a few caveats. Here’s how to find out if you qualify to receive the money.
Here's some things you can do before the end of 2020 to save on your tax bill
People have less than a week to make some money moves to try and save some cash on their 2020 tax bill.
People have less than a week to make some money moves to try and save some cash on their 2020 tax bill.
McConnell praises Trump for signing COVID-19, government funding bills
Senate Majority Leader Mitch McConnell praised President Trump late Sunday for signing a $900 billion pandemic package and a $1.4 trillion government funding bill to avert a government shutdown.
Senate Majority Leader Mitch McConnell praised President Trump late Sunday for signing a $900 billion pandemic package and a $1.4 trillion government funding bill to avert a government shutdown.
'It does break my heart a little bit': A bleak Christmas for America's unemployed
Millions of Americans have been jobless since the viral pandemic ripped through the U.S. economy in March, triggering a deep recession and causing widespread unemployment.
Millions of Americans have been jobless since the viral pandemic ripped through the U.S. economy in March, triggering a deep recession and causing widespread unemployment.
Millions of Americans receiving unemployment aid could face surprise tax bill
Unemployment benefits, including the extra money distributed through federal aid programs, count as taxable income.
Unemployment benefits, including the extra money distributed through federal aid programs, count as taxable income.
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.
Major retailer warns of shopping scams during holiday season
Christmas is just days away and there’s no shortage of people looking for a good deal on gifts. But one major retailer is warning shoppers, if the deal looks too good to be true, it probably is.
Christmas is just days away and there’s no shortage of people looking for a good deal on gifts. But one major retailer is warning shoppers, if the deal looks too good to be true, it probably is.
New rule could require servers to share their tips with co-workers, US Department of Labor says
Servers may have to share tips with co-workers who have traditionally not received tips in the past, according to a new rule announced by the U.S. Department of Labor.
Servers may have to share tips with co-workers who have traditionally not received tips in the past, according to a new rule announced by the U.S. Department of Labor.
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.