Last week, 3.3 million Americans filed for unemployment compensation, four times what the average was during the early months of the Great Recession.
Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus.
Bank of America has announced it will also implement a series of actions aimed at creating financial ease for its customers.
Treasury Secretary Steven Mnuchin said individuals will be able to delay paying up to $1 million in payments.
Stocks are opening sharply higher on Wall Street a day after the worst drop since 1987.
The World Health Organization says cash can carry the coronavirus for a number of days and recommends switching to contactless transactions.
The Dow Jones Industrial Average sank nearly 1,200 points Thursday, deepening a weeklong global market rout caused by worries that the coronavirus outbreak will wreak havoc on the global economy.
Younger workers are more likely to up and leave their job for a new opportunity without notifying their current employer, according to a recent report.
Powerball will draw winning numbers for its $394 million jackpot Wednesday night at 11 ET.
Super Bowl LIV is still a week away but many Bay Area fanatics have their eyes set on another prize this weekend— the Powerball jackpot.
Bank accounts are getting harder to hack, so cybercriminals are increasingly targeting retirement accounts, such as 401(k), and experts warn that there's no guarantee you'll get reimbursed after a hack.
A Sanibel Captiva Community Bank ATM located in downtown Fort Myers, Florida, is expected to issue an undetermined number of $50 bills in place of $20 bills.
A Colorado man robbed a bank in Colorado Springs and threw out money saying "Merry Christmas".
More than 20 states will be raising the minimum wage to as much as $15 an hour come Jan. 1, 2020.
President Donald Trump signed off Friday on nearly $1.4 trillion in spending, including a measure that will give members of the military their largest pay increase in 10 years.
There are plenty of ways to meet the deadline for flexible spending accounts, and you don't need to buy big-ticket items. You can use up the balance on everyday purchases like bandages and items you've already bought.
Authorities are warning about a lottery scheme targeting Latino women in their mid-60s to 80s.
A recent study found that married men stress out more when their wives earn 50 percent or more of the household income.
A majority of college graduates with student loans said they would shave their head if the debt could be erased, according to a new survey, and some others said they would consider giving up coffee and even spending a week in jail.
While many Americans have little to no retirement savings at all, even young savers who do are perhaps too willing to draw from that stash to cover unrelated expenses.