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.
Layoffs remain elevated as 884,000 Americans seek unemployment aid
The number of Americans applying for jobless aid was unchanged last week at 884,000.
Even as hiring slows, American unemployment rate falls to 8.4%
The U.S. unemployment rate fell sharply in August to 8.4% from 10.2% even as hiring slowed in August as employers added the fewest jobs since the pandemic began.
Unemployment claims fall to 881,000 but layoffs remain elevated
The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week.
More than 1 million Americans applied for unemployment benefits
Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.
Eliminating payroll tax could deplete Social Security by 2023, chief actuary estimates
Trump has said he could eliminate the tax if he is reelected without undercutting the retirement program or greatly adding to the deficit.
Could Americans still receive a second stimulus check? Everything we know
With White House officials and top Democrats at a weeks-long impasse over another coronavirus relief package, Senate Republicans are preparing to unveil their own new proposal — a pared-down version of a previous bill that notably does not include a fresh round of stimulus checks.
US unemployment claims jump back above 1 million in face of coronavirus
The coronavirus recession struck swiftly and violently. Now, with the economy still in the grip of the pandemic five months later, the recovery looks fitful and uneven — and painfully slow.
Amazon to add 3,500 jobs within these US tech hubs
Amazon Inc. announced plans Tuesday to expand operations and add thousands of jobs within six major U.S. tech hubs across the country.
Number of Americans filing for unemployment falls below 1M for first time since pandemic started
The number of Americans applying for unemployment benefits fell below 1 million last week for the first time since the coronavirus pandemic started in mid-March.
US budget deficit climbs to record $2.81 trillion
The Treasury Department says the U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year.
Summer jobs for young people are vanishing amid the COVID-19 pandemic
The iconic summer job for high school and college students has been on the wane for nearly 20 years. But the pandemic is squeezing even more young people out of the workforce.
Amazon reportedly looking to transform shuttered JCPenney, Sears stores into fulfillment centers
Amazon, celebrating the boom in e-commerce, is in discussions with Simon Property Group, the largest U.S. mall owner by number of malls with 204 properties, the Journal reported, citing people familiar with the matter.
States on hook for billions under Trump's unemployment plan
A plan from President Donald Trump to extend additional unemployment benefits requires states to provide 25 percent of the funds, and it's unclear whether states have the money or the will to do it.
Las Vegas tourism plummets 71% in June
Casinos were closed for 78 days before reopening four days into the month.
US adds 1.8 million jobs in July, a dip from previous months
The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is stalling hiring and slowing an economic rebound.
1.2 million seek jobless aid after $600 federal check ends
Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired.
Record economic plunge, bleak jobs numbers reveal virus toll
The U.S. economy shrank at a dizzying 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday.
Second stimulus check details revealed: Who is eligible?
The GOP unveiled details for a second round of direct payments to American households on Monday, in legislation that has been dubbed the HEALS Act.
White House drops payroll tax cut as GOP unveils virus aid
The White House has dropped a bid to cut Social Security payroll taxes as Republicans unveil a $1 trillion COVID-19 rescue package.