'It does break my heart a little bit': A bleak Christmas for America's unemployed
Millions of Americans have been jobless since the viral pandemic ripped through the U.S. economy in March, triggering a deep recession and causing widespread unemployment.
House GOP, Dems stymie requests to reconsider stimulus, spending package after Trump grievances
House Republicans and Democrats Thursday blocked each others' "unanimous consent" requests put forward after President Trump aired grievances to the massive coronavirus stimulus and government funding package.
Millions of Americans receiving unemployment aid could face surprise tax bill
Unemployment benefits, including the extra money distributed through federal aid programs, count as taxable income.
House Dems will try to pass $2,000 stimulus checks this week after Trump signals support
House Democrats are planning to force a vote this week on increasing the size of the stimulus checks included in the $900 billion coronavirus relief package after President Trump demanded Congress raise the payments from $600 to $2,000 per adult.
Layoffs remain elevated as 803,000 seek unemployment aid
The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs.
Biden calls COVID-19 bill ‘far from perfect,’ pledges more aid in 2021
President-elect Joe Biden has expressed empathy with struggling families and applauded Congress for a passing the coronavirus relief as the nation deals with a COVID-19 surge.
Congress expected to pass second COVID-19 relief bill on Monday
Congress has approved a second stimulus bill, but what can we expect?
How much are the stimulus payments and who will get them?
Congress is expected to pass a $900 billion COVID relief bill that includes another round of stimulus checks for most Americans after top negotiators reached a deal over the weekend.
Top Congressional leaders agree on COVID-19 relief deal, next is a vote
The country's top lawmakers agreed to a COVID-19 relief deal late Saturday night, clearing the way for a vote to seal the relief package on Sunday.
US jobless claims rise to 885,000 amid resurgence of coronavirus
The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy’s recovery.
Delay in deal on COVID-19 relief, 2nd stimulus check may force weekend sessions for Congress
Congressional negotiators are closing in on a $900 billion COVID-19 economic relief package that would deliver $300-per-week jobless checks and $600 stimulus payments to most Americans.
Small businesses, feeling financial pressure, need creative solutions to survive
Experts share how small businesses can survive while the country waits for vaccines to be distributed.
COVID-19 relief: New round of stimulus checks remains up in the air as time ticks down
A bipartisan group of lawmakers is unveiling a proposal for COVID-19 relief as Congress searches for a final agreement. The
'Christmas cliff' looms for millions of Americans on the verge of losing their unemployment benefits
It’s being called the “Christmas Cliff.” On Dec. 26, millions of Americans are set to lose their unemployment benefits amid the coronavirus pandemic, adding another layer of stress for those who are jobless this holiday.
Live events industry lost $30B due to COVID-19 pandemic, Pollstar says
Pollstar on Friday released its year-end report, explaining that the live events industry should have hit a record-setting $12.2 billion this year, but instead it incurred $9.7 billion in losses.
Restaurant owner breaks down exactly how much money he's losing during COVID-19 shutdowns
Dustin Lancaster, an owner of several restaurants and businesses in Los Angeles county, revealed on social media that his bar would have about $1,500 to pay $10,000 in monthly rent.
Unemployment claims jump to 853,000 amid resurgence of COVID-19
The number of people applying for unemployment aid jumped last week to 853,000, the most since September, evidence that some companies are cutting more jobs as new virus cases spiral higher.
New White House offer adds $600 stimulus checks to COVID-19 relief
It proposes the $600 direct payment for individuals and $1,200 for couples, which is half the payment delivered by the March pandemic relief bill.
Texas job creation appears to buck trends, but challenges remain
COVID-19 has impacted the job market for millions across the country. There are a few bright spots with recent trends but there are still more than twice as many people unemployed, in our region, compared to a year ago.
US economy will return to pre-pandemic levels by second-half of 2021, experts predict
The U.S. economy's growth is likely slowing as 2020 comes to a close, but a growing number of economists expect it to claw back to its pre-pandemic strength by the second half of next year.