Biden says $15 minimum wage likely won't 'survive' in COVID relief package, looks to stand-alone bill
President Biden conceded that his push to fold a $15 minimum wage into a broader COVID-19 relief package likely won't "survive."
Kroger paying employees $100 to get COVID-19 vaccine
Kroger is paying its employees $100 to get vaccinated against COVID-19, the company announced Friday.
House passes budget resolution for $1.9T coronavirus relief after Senate's marathon session
The vote was 219-209 to adopt the budget framework that the Senate approved early Friday morning thanks to a tie-breaking vote cast by Vice President Kamala Harris.
Pandemic vices are putting more consumers in debt: 'It's 100% instant gratification'
Alcohol, cigarettes, adult entertainment and lottery tickets are just some of the items 70% of Americans are splurging on during the pandemic, a new survey from financial services company MagnifyMoney suggests.
7 essential things to know before you file your 2020 tax return
The coronavirus pandemic triggered many changes in the U.S. economy and the employment landscape. Here are things to know before you file your tax returns.
College student uses GameStop stock earnings to donate Nintendo Switches, games to children’s hospital
A college student donated Nintendo Switches and games to Children’s Minnesota Hospital after making money from his GameStop stocks.
Jobless claims fall to 779,000; layoffs grind on
The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.
Democrats urge Biden to cancel up to $50k in student loan debt by executive action
The resolution called on President Biden to take executive action to "administratively cancel up to $50,000 in Federal student loan debt for Federal student loan borrowers" using "existing legal authorities" under the Higher Education Act of 1965.
Democrats move forward with Biden's COVID-19 relief bill
President Joe Biden told Senate Democrats on a private call Tuesday that a Republican alternative to his $1.9 trillion COVID rescue plan is insufficient as he urged lawmakers to boldly and swiftly confront the coronavirus pandemic and economic crisis.
Los Angeles County restaurants reopen for outdoor dining Friday
Friday marks the first day of outdoor dining being permitted to reopen in Los Angeles County in months.
Amid GameStop and AMC frenzy, Citron Research discontinues reports on short selling
The investment firm Citron Research has discontinued its practice of providing reports on short selling. Here’s what that means.
Robinhood tells customers it will allow ‘limited buys’ amid GameStop, AMC trading frenzy
Robinhood, the online trading platform at the center of a speculative frenzy involving shares of GameStop, AMC and other flailing companies, told its customers Thursday that it would be allowing “limited buys” of these companies starting Friday.
GameStop stock explained: Here’s what short selling is and why it’s shaking up Wall Street
Amid the recent astronomical surge in value of shares of struggling companies like GameStop and AMC, trading strategies like short selling and short squeezing have been trending all over social media, leaving many scrambling to keep up. Here’s what you need to know to understand what’s going on.
Stimulus check calculator: Confirm you received full relief payment before filing 2020 tax return
Americans can claim any missing money from their stimulus checks when they file their 2020 tax return.
GameStop stock frenzy: Robinhood, others limit trading, sparking lawsuit and Senate panel hearing
Robinhood and other online trading platforms moved to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors.
GameStop stock price frenzy: What to know
Trading volume has surged in shares of GameStop, AMC Entertainment, as well as Bed Bath & Beyond and BlackBerry, stunning Wall Street firms betting that those stocks would fall.
Lowe's announces another $80M in employee bonuses, will hire more than 50,000 workers
Lowe's announced that it will reward all of its full-time hourly employees with $300 bonuses for their work during the COVID-19 pandemic, while part-time employees will get $150. The company also plans to hire 50,000 more workers for the spring.
Unemployment claims drop; still at 847,000 as pandemic rages on
The number of Americans applying for unemployment benefits fell to a historically high 847,000 last week, a sign that layoffs remain high as the coronavirus pandemic continues to rage.
Gamestop stock becomes Wall Street battleground
Across most of America, GameStop is just a place to buy a video game. On Wall Street, though, it’s become a battleground where swarms of smaller investors see themselves making an epic stand against the 1%.
Biden signs executive order for government to buy more US goods
President Joe Biden signed on Monday an executive order that aims to boost government purchases from U.S. manufacturers, according to administration officials.