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.
751,000 seek unemployment benefits as pandemic hobbles US economy
The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep cutting jobs in the face of the accelerating pandemic.
The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep cutting jobs in the face of the accelerating pandemic.
McConnell promises COVID-19 stimulus as he maintains seat
Senate Majority Leader Mitch McConnell, R-Ky., promised that approval of a new coronavirus relief package by the end of the year can be reached as lawmakers are set to return to work following Tuesday’s elections.
Senate Majority Leader Mitch McConnell, R-Ky., promised that approval of a new coronavirus relief package by the end of the year can be reached as lawmakers are set to return to work following Tuesday’s elections.
Stocks shake off 2020 election night wobbles to rally
Much of Wednesday's strength for Wall Street was due to big gains for technology stocks. Investors have increasingly seen these stocks as some of the safer bets in the market, able to grow their profits even in a pandemic as more of daily life shifts online.
Much of Wednesday's strength for Wall Street was due to big gains for technology stocks. Investors have increasingly seen these stocks as some of the safer bets in the market, able to grow their profits even in a pandemic as more of daily life shifts online.
Walmart lays off shelf-scanning robots for humans
Walmart is laying off the robots it had deployed in about 500 stores to keep tabs on what’s on and not on the shelves.
Walmart is laying off the robots it had deployed in about 500 stores to keep tabs on what’s on and not on the shelves.
Frustration over glitches in Georgia Department of Labor online appointment scheduler program
The Georgia Department of Labor's online appointment scheduler pilot program faced a rocky rollout Monday morning.
The Georgia Department of Labor's online appointment scheduler pilot program faced a rocky rollout Monday morning.
Georgia Department of Labor offers online appointment scheduling
For those of you who’ve been waiting to hear from the Department of Labor over unemployment questions, two things of note. There’s a new pilot program for better customer service options. And a customer service hoax, too.
For those of you who’ve been waiting to hear from the Department of Labor over unemployment questions, two things of note. There’s a new pilot program for better customer service options. And a customer service hoax, too.
Billions in COVID-19 business loans possibly given to scammers, report says
The Office of Small Business Administration (SBA) Inspector General Michael Ware found that it may have distributed billions of dollars to fraudulent businesses claiming financial distress due to the COVID-19 pandemic, according to a report.
The Office of Small Business Administration (SBA) Inspector General Michael Ware found that it may have distributed billions of dollars to fraudulent businesses claiming financial distress due to the COVID-19 pandemic, according to a report.