Biden's Treasury secretary nominee Janet Yellen clears Senate committee

The Senate Finance Committee has approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th Treasury secretary.

Lawmaker hopes 'Bigfoot' hunting season draws tourists

Oklahoma state Rep. Justin Humphrey says a Bigfoot hunting season will boost visitors to his "beautiful part of the state."

Mega Millions jackpot soars to $1 billion amid slow sales

The jackpot for the Mega Millions lottery game has grown to $1 billion ahead of Friday night’s drawing after more than four months without a winner.

Unemployment claims fall to a still-high 900,000

Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a raging pandemic.

Powerball jackpot winning ticket worth $731.1 Million sold in Maryland

A single Powerball ticket sold in Maryland is the winner of an estimated $731.1 million jackpot, the first to get the top prize in months.

Wall Street stocks rally to records on Inauguration Day 2021

U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.

Georgia economist gives upbeat take on state economy

The paradox of the current recession — decreased economic output but plenty of household income for many thanks to federal aid — leaves Georgia poised for a quick rebound once the coronavirus pandemic eases, Georgia’s state economist said Tuesday.

'American Rescue Plan': Here's what's in Biden's COVID-19 relief plan

President-elect Joe Biden is proposing a $1.9 trillion plan to expand coronavirus vaccinations, help individuals and jump-start the economy.

$15 an hour minimum wage: Biden pushes for urgent increase amid COVID-19 pandemic

During his announcement of the “American Rescue Plan,” President-elect Joe Biden pushed for the minimum wage in the United States to be raised to at least $15 an hour.

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.

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.

$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.

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.

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.

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.