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.
Winning $1 billion Mega Millions ticket sold at Michigan grocery store
A Michigander is the lucky winner of the third-largest lottery prize in U.S. history after buying the ticket at a grocery store in a suburb of Detroit.
Biden signs executive orders on $15 minimum wage for federal workers, food aid increases
President Joe Biden plans to take executive action to provide a stopgap measure of financial relief to millions of Americans.
Unemployment claims fall to a still-high 900,000
Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a raging pandemic.
Powerball jackpot winning ticket worth $731.1 Million sold in Maryland
A single Powerball ticket sold in Maryland is the winner of an estimated $731.1 million jackpot, the first to get the top prize in months.
Wall Street stocks rally to records on Inauguration Day 2021
U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.
$15 an hour minimum wage: Biden pushes for urgent increase amid COVID-19 pandemic
During his announcement of the “American Rescue Plan,” President-elect Joe Biden pushed for the minimum wage in the United States to be raised to at least $15 an hour.
NC nurse who works in COVID-19 unit wins $1 million in state lottery
A North Carolina nurse who works in the COVID unit won a $1 million prize in the state’s lottery.
Jobless claims jump to 965,000 as COVID-19 pandemic takes toll
The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs.
$2,000 checks: Biden to release stimulus package plan
On Monday, Biden maintained that getting money into the hands of Americans is a top priority when he takes office.
$900,000-plus Mega Millions lottery ticket sold at Burbank liquor store
A ticket with five numbers, but missing the Mega number, in Tuesday's drawing of the multi-state Mega Millions lottery was sold at a liquor store in Burbank.
Schumer pledges quick delivery of $2,000 stimulus checks: 'We will get that done'
Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.
Powerball, Mega Millions combined jackpots rise to more than $1 billion
After a long stretch of relatively paltry prizes, U.S. lottery players now have a choice of games that offer combined jackpots of more than $1 billion.
Paycheck Protection Program: PPP loan portal reopens amid ongoing COVID-19 pandemic
The U.S. Small Business Administration and the U.S. Treasury Department relaunched the Paycheck Protection Program, or PPP, loan portal Monday.
Unemployment continues to hurt low-income workers amid pandemic
Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses — an unusual and harsh feature of the pandemic recession that flattened the economy last spring.
Biden plans to extend student loan payment pause ‘on day one,’ supports forgiving $10K in debt
President-elect Joe Biden’s transition team said he plans to extend a suspension of student loan payments due to financial hardships posed by the COVID-19 pandemic on “day one,” and he also favors forgiving $10,000 in student loan debt.
US lost 140,000 jobs in December; first monthly loss since spring
U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.
Jobless claims slip to still-high 787,000 in the US
The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months.
Elon Musk becomes richest person in the world, surpassing Jeff Bezos
Move over, Jeff Bezos. There's officially a new richest person on the planet: Elon Musk.
California suspends 1.4 million virus unemployment claims
The state Employment Development Department on Wednesday said it had examined existing claims from people who said they lost their jobs during the COVID-19 pandemic and found about 3.5 million claims were “potentially fraudulent.”