Landlords, lenders brace for nationwide rent strike

It’s the first of the month and the rent is due. But, tenants in the nation’s biggest cities are striking because they simply can’t afford to pay the rent, as many have been left without jobs due to economic fallout from the coronavirus pandemic.

Fed's rent protection doesn't cover 75 percent of renters

For families living paycheck-to-paycheck, paying rent was already a struggle. But the CARES Act, which provides protection from eviction right now, is a lifesaver for some but not most renters.

US jobless claims soar past 30 million as 3.8 million more workers seek aid

More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.

Interest rates steady during coronavirus pandemic: What it means for your wallet

Interest rates will remain at zero percent until the financial effects of the coronavirus pandemic begin to subside, which is good news for some consumers, the Federal Reserve announced Wednesday.

Stocks wrap best month since 1987 as coronavirus recovery continues

The S&P and the Dow Jones Industrial Average wrapped the best month since 1987 despite sliding on Thursday as total job losses related to the coronavirus shutdown topped 30 million.

Trump says ‘we’ll get that back,’ after people report dead relatives receiving stimulus checks

With the U.S. unemployment rate expected to his 20 percent soon, a number not seen since the great depression, millions of Americans received relief checks early in April in a bid to replace lost income due to the coronavirus closures. Unfortunately, many of the relief recipients are no longer living. 

US economy shrank at 4.8% rate last quarter as coronavirus struck

The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.

Lawsuit: US citizens with immigrant spouses should get help

The Mexican American Legal Defense and Educational Fund has sued the federal government over its denial of coronavirus relief payments to U.S. citizens who are married to immigrants without social security numbers.

No joke: Tupac Shakur needs unemployment benefits

It’s no joke — Tupac Shakur lives in Kentucky and needs unemployment benefits to pay his bills.

Stock rally takes breather ahead of Starbucks, Google earnings

The Dow Jones Industrial Average rose as many as 378 points, or 1.57 percent, while the S&P 500 and the Nasdaq Composite gained as much as 1.48 percent and 1.15 percent, respectively.

America's wealthiest zip code rejects $2M coronavirus relief aid from government, resident says

Florida’s exclusive Fisher Island, home to the wealthiest zip code the country, ultimately voted to reject $2 million in federally-approved coronavirus relief allocated to the community’s homeowners’ association as part of the government's Paycheck Protection Program meant for small businesses, a resident said.

Small business loan program plagued by outages, delays as second wave of aid begins

E-Tran, the Small Business Administration's electronic system used to help process applications for government-backed aid, has suffered glitches amid the first wave of applicants.

Credit card issuers will lower credit limits amid coronavirus outbreak

Many families may rely on credit cards to get through this tough time, but know that credit card companies are very likely about to lower your credit limit. This happened to most of us during the recession in 2008. That $3,000 card limit card was suddenly $1,500.