Unemployment claims rise to 778,000 as COVID-19 pandemic worsens
The number of Americans applying for unemployment benefits rose last week to 778,000, evidence that the U.S. economy and job market remain under strain as coronavirus cases surge and colder weather heighten the risks.
The number of Americans applying for unemployment benefits rose last week to 778,000, evidence that the U.S. economy and job market remain under strain as coronavirus cases surge and colder weather heighten the risks.
Dow crests 30,000 points on vaccine hopes, Biden transition
The Dow Jones Industrial Average traded above 30,000 points for the first time on Nov. 24 as investors were encouraged by the latest progress on developing coronavirus vaccines and news that the transition of power in the U.S. to President-elect Joe Biden will finally begin.
The Dow Jones Industrial Average traded above 30,000 points for the first time on Nov. 24 as investors were encouraged by the latest progress on developing coronavirus vaccines and news that the transition of power in the U.S. to President-elect Joe Biden will finally begin.
Economists urge Congress to send out second round of $1,200 stimulus checks
A group of more than 125 economists is calling on Congress to send out more direct cash payments to American families to help them weather the coronavirus pandemic and subsequent economic downturn.
A group of more than 125 economists is calling on Congress to send out more direct cash payments to American families to help them weather the coronavirus pandemic and subsequent economic downturn.
Guitar Center files for Chapter 11 bankruptcy amid ongoing COVID-19 pandemic
Guitar Center has filed for Chapter 11 bankruptcy, citing financial hardships due to the ongoing COVID-19 pandemic.
Guitar Center has filed for Chapter 11 bankruptcy, citing financial hardships due to the ongoing COVID-19 pandemic.
UK signs trade deal with Canada to prepare for Brexit
The U.K. has signed an interim trade deal with Canada to give the government more time to negotiate future trading rules as it prepares the country for business life outside the European Union.
The U.K. has signed an interim trade deal with Canada to give the government more time to negotiate future trading rules as it prepares the country for business life outside the European Union.
Millions put toward initiative combating homelessness in Atlanta
The CEO of Partners for Home told us their goal is to lease 800 apartments for people living on the streets or at encampment sites.
The CEO of Partners for Home told us their goal is to lease 800 apartments for people living on the streets or at encampment sites.
Georgia jobless rate plunges in October as more find jobs
Many more people found jobs in Georgia in October as the state’s unemployment rate decreased sharply.
Many more people found jobs in Georgia in October as the state’s unemployment rate decreased sharply.
Report: 12M Americans to lose jobless benefits day after Christmas
According to findings by The Century Foundation, a policy research institute, 12 million workers will be on one of two main CARES Act programs — Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC) — when funding expires on Dec. 26.
According to findings by The Century Foundation, a policy research institute, 12 million workers will be on one of two main CARES Act programs — Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC) — when funding expires on Dec. 26.
Unemployment claims increase to 742,000 as COVID-19 cases surge
The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs.
The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs.
Student loan payments set to resume Jan. 1, 2021 — here’s what you need to know
For millions of student loan borrowers who have benefited from payment relief during the coronavirus pandemic, the payments will resume beginning Jan. 1, 2021.
For millions of student loan borrowers who have benefited from payment relief during the coronavirus pandemic, the payments will resume beginning Jan. 1, 2021.
Battery plant suffers fatal accident despite safety complaints from workers
A construction worker at the SK Battery plant in Jackson County was declared dead Monday morning following a three-story fall that also seriously injured a second worker.
A construction worker at the SK Battery plant in Jackson County was declared dead Monday morning following a three-story fall that also seriously injured a second worker.
Biden vows to strengthen economy despite exploding COVID-19 pandemic
President-elect Joe Biden on Monday outlined his plans to boost the U.S. economy but said any structural reforms depend first on reining in the COVID-19 pandemic.
President-elect Joe Biden on Monday outlined his plans to boost the U.S. economy but said any structural reforms depend first on reining in the COVID-19 pandemic.
Trump to ban Americans from investing in Chinese companies
Trump targets China's capital markets.
Trump targets China's capital markets.
Post-election warfare clouds chances for COVID relief bill
President-elect Joe Biden’s top allies on Capitol Hill adopted a combative posture on COVID-19 relief on Thursday, accusing Washington Republicans of dragging their feet in acknowledging Biden’s victory while doubling down on a $2 trillion-plus relief bill that’s a nonstarter with congressional Republicans.
President-elect Joe Biden’s top allies on Capitol Hill adopted a combative posture on COVID-19 relief on Thursday, accusing Washington Republicans of dragging their feet in acknowledging Biden’s victory while doubling down on a $2 trillion-plus relief bill that’s a nonstarter with congressional Republicans.
709,000 seek unemployment aid as pandemic escalates
The number of people seeking unemployment benefits fell last week to 709,000, the fourth straight drop and a sign that the job market is slowly healing.
The number of people seeking unemployment benefits fell last week to 709,000, the fourth straight drop and a sign that the job market is slowly healing.
Debt collectors will be allowed to contact you via text, social media messaging, email by 2021
By next year, debt collectors will be allowed to contact debtors via text messages, email and even through private social media messaging.
By next year, debt collectors will be allowed to contact debtors via text messages, email and even through private social media messaging.
Down payments increase nearly 30% for homebuyers amid COVID-19 pandemic
Home down payments are on the rise.
Home down payments are on the rise.
U.S. bankruptcy court approves sale of J.C. Penney
The U.S. Bankruptcy Court for the Southern District of Texas approved a purchase agreement that has substantially all of J.C. Penney’s retail and operating assets acquired by Brookfield Asset Management Inc. and Simon Property Group through a combination of cash and new term loan debt.
The U.S. Bankruptcy Court for the Southern District of Texas approved a purchase agreement that has substantially all of J.C. Penney’s retail and operating assets acquired by Brookfield Asset Management Inc. and Simon Property Group through a combination of cash and new term loan debt.
Stocks surge on Wall Street amid vaccine news, US election outcome
The Dow Jones Industrial Average surged 1,500 points, or 5.4%, in early trading Monday and the S&P 500 jumped 3.7% after drugmaker Pfizer said early data show its coronavirus vaccine looks highly effective.
The Dow Jones Industrial Average surged 1,500 points, or 5.4%, in early trading Monday and the S&P 500 jumped 3.7% after drugmaker Pfizer said early data show its coronavirus vaccine looks highly effective.
Wall Street rallies again as stocks ride post-2020 election wave
Markets are banking on Tuesday's election leading to split control of Congress, which could mean low tax rates, lighter regulation on businesses and other policies that investors like remain the status quo.
Markets are banking on Tuesday's election leading to split control of Congress, which could mean low tax rates, lighter regulation on businesses and other policies that investors like remain the status quo.