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.

1 in 4 Americans have lost job because of coronavirus; most think they'll return to work

One out of every four American adults say someone in their household has lost a job to the coronavirus pandemic, but the vast majority expect those former jobs will return once the crisis passes

Pandemic unemployment assistance is in the mail

Unemployment numbers continue to rise. A Georgia Department of Labor spokeswoman reports they processed last month more than one million claims. That’s more than the combined total for the previous three years. But starting today, some businesses are allowed to re-open. But what does this do to employees still seeking benefits? 

Social Security and Medicare funds at risk even before coronavirus pandemic

For Social Security, the projected 2035 date for exhausting the trust fund reserves means that it would be able to pay only 79% of benefits.

Amoeba Music struggling to stay afloat during COVID-19 crisis

Empty streets in Hollywood. The iconic Amoeba Music Store on Hollywood Boulevard is closed. A much different vibe from better days.

People missing out on stimulus checks because spouses are immigrants

Roughly 1.2 million U.S. citizens did not receive stimulus checks because they are married to immigrants who don’t have social security numbers and joint-filed their taxes.

AP: Publicly traded firms get $300M in small-business loans

The Paycheck Protection Program was supposed to help small businesses, which typically have less access to quick cash and credit.

How to spot a counterfeit stimulus check: Treasury, Secret Service warn against coronavirus relief fraud

The Secret Service and the Treasury Department are working together to help individuals protect themselves from counterfeit stimulus checks, as the Trump administration plans to mail millions of coronavirus relief checks to Americans later this month.