US wholesale prices fell 0.2% in June as food costs plunged
U.S. wholesale prices fell 0.2% in June as food costs dropped sharply, offsetting a big increase in energy prices.
Who might be eligible for a second stimulus check and for how much money?
Another round of stimulus payments could be distributed to people earning less than $40,000, Senate Majority Leader Mitch McConnell has said.
Businesses across US request ‘exact change’ amid coin shortage caused by COVID-19
Following an announcement from The Federal Reserve last month that the coronavirus pandemic has created a shortage in coins in the U.S., businesses around the country have been urging their customers to use alternative forms of payment or bring exact change.
US economy may be stalling out as viral outbreak worsens
Another 1.3 million workers sought unemployment last week, according to the Department of Labor.
Coronavirus-impacted Bed, Bath & Beyond to close over 200 stores as quarterly sales tumble
Bed, Bath & Beyond will close more than 200 stores over the next two years as part of a restructuring effort due to the coronavirus pandemic.
United sending layoff notices to nearly half of US employees
United Airlines is warning 36,000 employees - nearly half its U.S. staff - they could be furloughed in October, the clearest signal yet of how deeply the virus pandemic is hurting the airline industry.
Trump says Americans can expect another round of coronavirus stimulus payments
Speaking at the White House during an interview, President Donald Trump said Tuesday that Americans can look forward to another round of stimulus checks before the end of the year.
LA councilman commits funds for laundry for 100 families struggling amid COVID-19 pandemic
Councilman Gil Cedillo's office provided funding on Tuesday for 200 loads of laundry and detergent at Desi's Coin Laundry for low-income families living in his district.
Kanye West’s Yeezy apparel company received between $2 million and $5 million in COVID-19 PPP funds
Data for Paycheck Protection Program beneficiaries was released to the public by the Small Business Administration on July 6.
What will the next coronavirus relief bill look like? Congress mulls stimulus checks and back-to-work bonus
As a recent coronavirus resurgence threatens to derail the U.S. economy's gradual recovery from the worst downturn since the Great Depression, the spike in cases has put added pressure on Congress to pass another round of fiscal aid.
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.
President Trump supports new round of direct coronavirus payments
President Trump also said he wants payments larger than the $1,200 the government sent to most individuals earlier this year.
AT&T waives internet overage charges through September 30 as COVID-19 cases surge in US
AT&T has announced it will waive internet overage fees through Sept. 30 as COVID-19 cases in the U.S. see a significant uptick, with several states rolling back their reopening plans.
Will Americans get a second coronavirus stimulus check? Your top questions answered
President Trump signaled this week that he supports sending a second round of direct cash payments to Americans still reeling from the coronavirus pandemic and subsequent economic lockdown.
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.
US inmates got coronavirus relief checks, and IRS wants them back
The legislation authorizing the payments during the pandemic doesn’t specifically exclude jail or prison inmates, and the IRS has refused to say exactly what legal authority it has to retrieve the money.
Trump hints at 'generous' second coronavirus stimulus check. Here's how much you could get
President Trump signaled Monday that he's open to a second stimulus check for Americans still reeling financially from the coronavirus pandemic and the related economic lockdown.
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.
SBA unveils new, 'borrower-friendly' forgiveness application for PPP loan recipients
The new application released by the Small Business Administration on Wednesday is just five pages long.
Report: Next stimulus package could include $4,000 vacation credit, second check
The president brought up the “Explore America” Tax Credit during a White House roundtable last month.