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.

Home shopping? Don't give up your hand at the door

Real estate, for the time being, is still booming. In fact, the inventory is low which means folks are trying to outbid one another for homes. Here’s the problem: As soon as you approach the door, the homeowner can listen in on your conversations and they are.

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.

Home Depot to open 3 new distribution centers, creating 1,000 jobs in greater Atlanta

The Home Depot announced Tuesday that it will open three new distribution centers in Georgia over the next 18 months. The expansion is projected to bring approximately 1,000 additional jobs to the Atlanta area, including full-time and part-time positions.  

US manufacturing improves in July, outlook clouded by coronavirus

The Institute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index rose to 54.2 last month, up from a June reading of 52.6. Any reading above 50 signals that U.S. manufacturing is expanding.

Tsunami of evictions on the horizon if Congress fails to act

The federal moratorium on evictions has expired. If that’s not extended, by mid-August, eviction notices will be activated. 

Record economic plunge, bleak jobs numbers reveal virus toll

The U.S. economy shrank at a dizzying 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday.

What's in the proposals to replace COVID-19 unemployment benefits?

Some of the financial safety nets put into place to help families struggling to pay bills during this pandemic are gone, but the economic problems we are facing are not.

Struggling merchants, insurers battle over pandemic coverage

Restaurants, bars and other merchants struggling to stay afloat during the coronavirus pandemic are desperately reaching out for a lifeline from insurers who say they are being miscast as potential saviors.

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.

Business economists sketch a more hopeful outlook

In the past three months, the outlook for the U.S. economy has improved in the eyes of business economists. However, the optimism is couched somewhat by the resurgence of the coronavirus.

No virus bill yet: White House, GOP at odds over jobless aid

Senate Majority Leader Mitch McConnell sent senators home, promising a Republican proposal would be ready on Monday.

Poll: Nearly half say job lost to coronavirus won't return

Nearly half of Americans whose families experienced a layoff during the coronavirus pandemic believe those jobs are lost forever.

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.