Missed the tax deadline? Take these steps now
Here are some steps you can take to keep your penalties to a minimum if you were unable to file by July 15.
Oakland City Council considers law requiring some laid-off workers get first choice of jobs
Councilmembers will consider the ordinance at the virtual City Council meeting that starts at 1:30 p.m.
US budget deficit hits all-time high of $864 billion in June
The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.
Average gas price rises over last 2 weeks
The average U.S. price of regular-grade gasoline increased by 2 cents over the past two weeks, to $2.24 per gallon.
IRS warns about tax scams ahead of July 15 deadline
The IRS is telling taxpayers that “scammers are hard at work” once again trying to get your personal information and your money.
Blackout Day spotlights the importance, power of Black consumers
Organizers of #BlackoutDay2020 are celebrating the impact of an economic protest calling for social justice.
Lucky Brand files for bankruptcy, has offer to sell company
Lucky said it plans to close 13 stores and could shutter more during the bankruptcy process.
US adds 4.8 million jobs as unemployment falls to 11.1%
While the jobless rate was down from 13.3% in May, it is still at a Depression-era level. And the data was gathered during the second week of June, just before a number of states began to reverse or suspend the reopenings of their economies to try to beat back the virus.
'Unprecedented number' of complaints about EDD processing unemployment claims
San Francisco lawmakers and residents who have had trouble with unemployment benefits, convened Thursday on Zoom to discuss issues with the Employment Development Department’s unemployment program.
Roughly 40% of Americans are working from home full time because of the pandemic
New research out Monday suggests roughly 40 percent of Americans are working from home full-time due to the pandemic and hardly any at-home workers have returned to their normal workplace.
Another 1.48 million laid-off workers seek US jobless aid
The number of laid-off workers who applied for unemployment benefits fell to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level.
Many jobs lost in pandemic aren’t coming back
The U.S. Labor Department reported more than 1.5 million new unemployment claims nationally; a very small decrease from last month, but a decrease nonetheless. Thursday's numbers indicate that California's job bleed out continues and will be a long time recovering.
1.5 million more laid-off workers seek unemployment benefits
The latest figure from the Labor Department marks the 11th straight weekly decline in applications since they peaked at nearly 7 million in March.
24 Hour Fitness files for bankruptcy as it closes more than 130 US gyms
The California-based company is the latest casualty of the outbreak, announcing the Chapter 11 bankruptcy filing on June 15.
Dow dives on coronavirus surge
The closing bell ended with the Dow Jones Industrial Average down 6.9% Thursday, with a 1,861-point plunge that left all Dow companies in the red, and left investors with whiplash.
1.5 million more laid-off workers seek unemployment benefits
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
Tasting room reopens at Napa's oldest winery
At Charles Krug, Napa Valley's oldest winery, wine tasting returned Tuesday for the first time in almost three months.
Experts warn of nationwide surge in fraudulent unemployment claims
While there’s no exact measure of how many fraudulent claims have been made, states from Washington to Maine say they’ve seen an increase and numerous federal agencies are working to fight it.
U.S. reports unexpected gain of 2.5 million jobs in May
The stock market's meteoric rise was fueled by a shocking and surprising national labor report that said that the ranks of the nation's unemployed fell by 2.1 million people. The fundamentals of the U.S. economy and the desire to get back to work remain stronger than anticipated.
US unemployment drops unexpectedly to 13.3% amid outbreak
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.