Pandemic shows widening divide between renters and homeowners

The country may be on the precipice of seeing the largest homeless population in the entire American experience.

Unemployed workers anxious about future of extra $600 benefit

The benefits program was designed to help the estimated 25 million Americans receiving it, pay for essentials.  

US new home sales jump 13.8% in June

The Commerce Department reported Friday that the June gain pushed sales of new homes to a seasonally adjusted annual rate of 776,000. The increase follows a 19.4% jump in May.

Jobless claims rise as cutoff of extra $600 benefit nears

The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.

Why are coins hard to find during the pandemic?

The Federal Reserve has seen a significant decline of coins in circulation because people are not spending them as regularly at businesses, many of which are either temporarily closed or not accepting cash.

AP FACT CHECK: Trump bends facts on virus, Biden, economy

A look at the president’s alternate reality on the virus threat, as well as his falsehoods on Democratic rival Joe Biden, the economy and the military in a “Fox News Sunday” interview:

Another 1.3 million Americans sought unemployment aid last week

The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, a historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.

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.

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. 

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.