The number of people seeking U.S. unemployment aid rose slightly last week to 870,000.
The Better Business Bureau is warning users of Cash App after several consumers reported losing money after calling an alleged fake customer service number they found on Google.
The financial sector was hit hard Monday following a report alleging that a number of banks have continued to profit from illicit dealings with disreputable people and criminal networks.
When 20-year-old Sebastian Alvarez opened a recording studio last spring, he couldn’t have anticipated that a pandemic would halt his business before it could get off the ground. But upon approval for unemployment insurance, he found himself in another unforeseeable situation—he couldn’t access any funds, because someone allegedly purchased his social security number, and was using his identity to collect benefits.
U.S. equity markets were sharply lower Monday as investors weighed the possibility of more coronavirus shutdowns in Europe and uncertainty surrounding the U.S. election.
On Friday, the IRS announced that it will mail letters to people who did not file a return for either 2018 or 2019, but still may qualify for an Economic Impact Payment.
Weekly claims data shows that Californians filed 29% of the nation's unemployment claims, while only making up 11% of the nation's workforce.
President Donald Trump says Republicans should increase their offer for a coronavirus relief bill. But his allies in Congress aren't so sure.
San Francisco announced the Abundant Birth Project, which will pay $1,000 a month to Black and Pacific Islander women who are pregnant or recently gave birth.
Despite already being overwhelmed by the pandemic and the recession, the EDD is offering assistance to people made jobless by the wildfires.
The EDD announced that those who qualify for the additional $300 weekly unemployment benefit, initially presented as a 3-week benefit, will get payments for 2 additional weeks.
Local news reports said that more than 40 Austrian citizens cashed in coronavirus stimulus checks they received in the mail from the U.S. government.
The agency said the fund was enough to cover six weeks of additional jobless aid starting Aug. 1, so unemployed workers won’t receive any more after this week.
The 52-47 vote fell well short of what was needed to overcome a filibuster and seems likely to end hopes for coronavirus relief before the November election.
The coronavirus pandemic has increased and expanded the use of money-transferring apps, as people avoid hand-to-hand transfers of cash.
Hopes are dimming for another coronavirus relief bill from Washington as Congress returns to session. Talks between top Democrats and the Trump administration broke off last month and remain off track. Recent conversations among the key players have led to nothing.
According to a study done by the Pew Research Center, 52% of young adults have been forced to move back in with their parents or with another person due to the economic and financial impacts of the COVID-19 pandemic.
California assemblymembers approved an emergency audit of the Employment Development Department Thursday to address backlogged claims, call center operations and “efficiencies.”
In Santa Clara County, salons, barbershops, and malls are allowing customers inside. Next week, the county may get the green light from the state to resume more indoor operations.
FedEx plans to hire as many as 70,000 seasonal workers. That's a 27 percent increase from the 55,000 hired last year.