US adds 1.8 million jobs in July, a dip from previous months
The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is stalling hiring and slowing an economic rebound.
Money destroyed after South Koreans try to disinfect cash in microwave, washing machine
Money laundering is not a good idea, as a South Korean found out when he or she put banknotes in a washing machine to remove possible traces of the coronavirus.
President Trump, Mitch McConnell huddle with coronavirus talks at risk of collapse
After more than a week's worth of meetings, at least some clarity is coming to bipartisan Washington talks on a huge COVID-19 response bill.
Laid-off workers endure loss of $600 federal aid amid COVID-19 pandemic
Around the country, across industries and occupations, millions of Americans thrown out of work because of the coronavirus are straining to afford the basics now that an extra $600 a week in federal unemployment benefits has expired.
1.2 million seek jobless aid after $600 federal check ends
Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired.
Wave of evictions expected as moratoriums end in many states
Housing advocates fear that they could see a wave of evictions in the coming months, as states end moratoriums put in place during the coronavirus pandemic.
Another round of stimulus checks likely
The unemployment rate in Florida is 10%, three times greater than the rate before the pandemic began, and many families will struggle to make ends meet with the government's $600 in extra unemployment benefits expiring, according to economists.
Second stimulus check details revealed: Who is eligible?
The GOP unveiled details for a second round of direct payments to American households on Monday, in legislation that has been dubbed the HEALS Act.
$600 weekly unemployment benefit ends, but will it be extended? Here’s what you need to know
The $600 weekly boost in jobless aid that millions of people have received since early in the pandemic is set to expire.
Many Americans should be getting $1,200 checks in August, Treasury Secretary says
Treasury Secretary Steve Mnuchin says that many Americans will be getting another $1,200 stimulus check in August. But, he says that the GOP is determined to cut down the $600/week in extra federal unemployment benefits that millions have been getting for months.
US new home sales jump 13.8% in June
The Commerce Department reported Friday that the June gain pushed sales of new homes to a seasonally adjusted annual rate of 776,000. The increase follows a 19.4% jump in May.
White House drops payroll tax cut as GOP unveils virus aid
The White House has dropped a bid to cut Social Security payroll taxes as Republicans unveil a $1 trillion COVID-19 rescue package.
Jobless claims rise as cutoff of extra $600 benefit nears
The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.
Why are coins hard to find during the pandemic?
The Federal Reserve has seen a significant decline of coins in circulation because people are not spending them as regularly at businesses, many of which are either temporarily closed or not accepting cash.
Coronavirus prompts Country Time to offer lemonade stand stimulus checks for kids
The powdered beverage company Country Time is issuing stimulus checks to children who have had to shutter their summertime lemonade stands due to the current coronavirus pandemic.
Another 1.3 million Americans sought unemployment aid last week
The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, a historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.
Missed the tax deadline? Take these steps now
Here are some steps you can take to keep your penalties to a minimum if you were unable to file by July 15.
Next coronavirus stimulus package could include $5,000 advance of child tax credit
Families are normally entitled up to $2,000 annually in refundable tax credits per each child.
Most PPP recipients expect to run out of money by August, study finds
A majority of small businesses that tapped the taxpayer-funded Paycheck Protection Program expect to run out of money by the first week of August, according to a Goldman Sachs survey released Tuesday.
July 15 tax deadline: How to get your refund ASAP
If you are one of the Americans who took advantage of this year’s delayed tax- filing deadline, you may not want to wait much longer for your refund check.