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.

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.

Unemployment benefits to be delayed by Trump's late signing of COVID-19 relief bill

The $900 billion economic relief package that President Donald Trump signed over the weekend will deliver vital aid to millions of struggling households and businesses.

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.

Las Vegas slots player wins $15.5M jackpot on Christmas Eve

The Suncoast Hotel and Casino reported a man named Kevin won nearly $15.5 million from one of its slot machines Thursday night.

'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.

Your 2021 Financial Checklist: Part 1

When it comes to New Year’s resolutions, money and finances are usually high on the list for most people, but you don't have to wait until the new year to start. 

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.

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.

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.

US jobless claims rise to 885,000 amid resurgence of coronavirus

The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy’s recovery.

Unemployment claims jump to 853,000 amid resurgence of COVID-19

The number of people applying for unemployment aid jumped last week to 853,000, the most since September, evidence that some companies are cutting more jobs as new virus cases spiral higher.

US economy will return to pre-pandemic levels by second-half of 2021, experts predict

The U.S. economy's growth is likely slowing as 2020 comes to a close, but a growing number of economists expect it to claw back to its pre-pandemic strength by the second half of next year.

Employers add a modest 245,000 jobs in November as coronavirus pandemic intensifies

America’s employers scaled back their hiring last month as the viral pandemic accelerated across the country, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown.