Senate parliamentarian rules minimum wage hike must be dropped from COVID relief bill

The Senate parliamentarian has dealt a potentially lethal blow to Democrats' drive to hike the minimum wage, deciding that the cherished progressive goal must fall from a massive COVID-19 relief bill the party is trying to speed through Congress, Democratic Senate aides said Thursday. 

Unemployment claims drop to 730,000; pandemic keeps layoffs high

The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards.

Study suggests money can buy happiness — perhaps more than previously thought

The Wharton School study found there was no dollar value at which money stopped mattering to a person’s well-being, contrary to influential research that found happiness plateaued around $75,000 a year.

Lawsuits filed against auto insurers over excessive rates amid COVID-19 pandemic

Class action lawsuits were filed in Nevada against 10 major auto insurance companies on Tuesday, contending that the companies charged excessive insurance premiums during the pandemic by failing to account for a drop in driving and crashes.

Georgia lawmakers angry over unemployment benefits aim at labor head

Georgia lawmakers say the commissioner has done too little to address a backlog of unemployment claims while they continue to get so many calls.

Unemployment claims up nationwide but not in Georgia

While a rise in unemployment claims marks a four-week high nationwide, Georgia is seeing its number of claims drop.

CEO defends Robinhood at House committee hearing over GameStop saga

The House Financial Services Committee is holding a hearing Thursday following January’s GameStop saga during which shares soared 1,600% before falling back to Earth.

US unemployment claims jump to 861,000 as layoffs stay high

The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed COVID-19 cases.

AOC pushes back after Biden dismisses progressives' plan to cancel $50,000 in student loan debt

Rep. Alexandria Ocasio-Cortez criticized President Biden after he shot down a proposal from progressive Democrats to eliminate $50,000 in student loan debt, saying the president's arguments against acting unilaterally on the matter "just don't hold water."

Price for one Bitcoin surpasses $50K for first time

The seemingly unstoppable rise of Bitcoin continued Tuesday with the cost of a single unit of the digital currency rising above $50,000 for the first time.

Stimulus benefits and your 2020 taxes: What to know

Tax season is right around the corner and many filers may have some different questions about their returns on the heels of an unprecedented year.