Standoff in Washington imperils jobless and small businesses
With winter looming and confirmed viral cases rising, Bob Szuter’s craft brewery and restaurant in Columbus, Ohio, could use another government lifeline to help survive until spring.
Unemployment claims fall to 787,000; layoffs still high
The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.
Could wildland fire insurance become the next consumer casualty?
A California Department of Insurance hearing this week over the potential for fire insurance price spikes, cancellations and non-renewals is raising the specter of another insurance crisis in the state.
McConnell says any Pelosi-Mnuchin COVID-19 stimulus deal would get Senate vote
Senate Majority Leader Mitch McConnell said he'll schedule a vote if House Speaker Nancy Pelosi and the Trump administration are able to seal an agreement on a huge COVID-19 relief bill.
Poll: 1 in 4 US workers have weighed quitting under strains of pandemic concerns
The coronavirus pandemic has put millions of Americans out of work. But many of those still working are fearful, distressed and stretched thin.
China's economy accelerates as coronavirus recovery gains strength
China’s shaky economic recovery from the coronavirus pandemic is gaining strength as consumers return to shopping malls and auto dealerships while the United States and Europe endure painful contractions.
Trump teases stepping in if Republicans oppose multi-trillion dollar stimulus package
President Trump hinted he might intervene if Republican senators don't support a second coronavirus stimulus package worth trillions of dollars, during an interview with Charles Benson of WTMJ4 Milwaukee on Saturday.
Layoffs remain elevated as 898,000 seek unemployment aid
The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.
After two week pause, EDD accepts new unemployment claims, but phone delays persist
After the Employment Development Department’s unemployment help line was on hold for two weeks to improve claim processing and address backlogged claims and fraud, it remains difficult to access assistance from the agency.
Long-term jobless caught in a squeeze that imperils recovery
On Friday, the government reported that employers added 661,000 jobs in September, normally a healthy gain.
Tesla sales surge as global demand picks up speed
The company reported Friday that it had delivered 139,000 SUVs and sedans from July through September, compared with 97,000 deliveries during the same period a year ago.
Hiring slows for 3rd month; US unemployment rate falls to 7.9%
America’s employers added 661,000 jobs in September, the third straight month of slower hiring and evidence from the final jobs report before the presidential election that the economic recovery has weakened.
United and American Airlines furloughing 32,000 employees
The moves by two of the nation's four biggest airlines represent the first -- and likely the largest part -- of involuntary job cuts across the industry in coming days.
Senate passes stopgap bill to fund US government through December
The last-minute approval came just hours before funding expired at midnight on Wednesday.
Unemployment claims at 870,000 as fraud and backlogs cloud data
The number of people seeking U.S. unemployment aid rose slightly last week to 870,000.
Bank shares tumble on reports of rampant money laundering
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.
Milpitas woman uses man’s identity to claim unemployment benefits on his behalf
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.
Dow plunges 900 points as election, coronavirus lockdown worries mount
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.
If you didn’t file tax returns, the IRS may still owe you a $1,200 COVID-19 stimulus check
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.
SF launches program giving some pregnant women and moms $1,000 a month
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.