Jobless claims jump to 965,000 as COVID-19 pandemic takes toll
The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs.
The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs.
Biden eyes child tax credit expansion among stimulus measures: Report
President-elect Joe Biden is imminently expected to outline his plans for additional stimulus measures as the U.S. battles surging COVID-19 cases.
President-elect Joe Biden is imminently expected to outline his plans for additional stimulus measures as the U.S. battles surging COVID-19 cases.
$750M: Mega Millions jackpot rises to its 2nd highest ever; Powerball drawing Wednesday
The Powerball and Mega Millions lotteries each draw new numbers twice a week at 11 p.m. ET. Powerball numbers are drawn on Wednesdays and Saturdays while Mega Millions numbers are chosen on Tuesdays and Fridays.
The Powerball and Mega Millions lotteries each draw new numbers twice a week at 11 p.m. ET. Powerball numbers are drawn on Wednesdays and Saturdays while Mega Millions numbers are chosen on Tuesdays and Fridays.
Schumer pledges quick delivery of $2,000 stimulus checks: 'We will get that done'
Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.
Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.
Paycheck Protection Program: PPP loan portal reopens amid ongoing COVID-19 pandemic
The U.S. Small Business Administration and the U.S. Treasury Department relaunched the Paycheck Protection Program, or PPP, loan portal Monday.
The U.S. Small Business Administration and the U.S. Treasury Department relaunched the Paycheck Protection Program, or PPP, loan portal Monday.
Unemployment continues to hurt low-income workers amid pandemic
Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses — an unusual and harsh feature of the pandemic recession that flattened the economy last spring.
Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses — an unusual and harsh feature of the pandemic recession that flattened the economy last spring.
Biden plans to extend student loan payment pause ‘on day one,’ supports forgiving $10K in debt
President-elect Joe Biden’s transition team said he plans to extend a suspension of student loan payments due to financial hardships posed by the COVID-19 pandemic on “day one,” and he also favors forgiving $10,000 in student loan debt.
President-elect Joe Biden’s transition team said he plans to extend a suspension of student loan payments due to financial hardships posed by the COVID-19 pandemic on “day one,” and he also favors forgiving $10,000 in student loan debt.
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.
$2,000 stimulus checks on the table after Dems win control of Senate
Democrats pledged to deliver $2,000 stimulus checks to Americans as soon as possible after winning control of the Senate with a pair of victories in Georgia's runoff elections.
Democrats pledged to deliver $2,000 stimulus checks to Americans as soon as possible after winning control of the Senate with a pair of victories in Georgia's runoff elections.
Georgia budget writers greet improved revenue with caution
After a $2 billion bloodletting last year because of the economic downturn brought on by the coronavirus pandemic, Georgia’s budget picture is looking better.
After a $2 billion bloodletting last year because of the economic downturn brought on by the coronavirus pandemic, Georgia’s budget picture is looking better.
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.
US trade deficit widens to $68.1 billion in November
The November gap between what America buys from abroad compared to what it sells abroad rose by 8% from the October deficit of $63.1 billion.
The November gap between what America buys from abroad compared to what it sells abroad rose by 8% from the October deficit of $63.1 billion.
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.
US companies slash jobs for the first time since April, ADP report shows
The report showed that private employers shed 123,000 jobs last month, large companies announcing for the bulk of layoffs.
The report showed that private employers shed 123,000 jobs last month, large companies announcing for the bulk of layoffs.
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.
Over $500M in TV/radio ads spent in Georgia Senate runoff, tracking firms says
More than $500 million has been spent on radio and television advertising in Georgia’s twin Senate runoff races, according to political advertising tracking firm Medium Buying.
More than $500 million has been spent on radio and television advertising in Georgia’s twin Senate runoff races, according to political advertising tracking firm Medium Buying.
Some stimulus payments delayed for H&R Block customers
If you went to the IRS stimulus tracking website and saw a bank account number that wasn't yours, H&R Block says don't worry. You're not alone.
If you went to the IRS stimulus tracking website and saw a bank account number that wasn't yours, H&R Block says don't worry. You're not alone.
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.