How much are the stimulus payments and who will get them?

Congress is expected to pass a $900 billion COVID relief bill that includes another round of stimulus checks for most Americans after top negotiators reached a deal over the weekend.

Congress nears deal on almost $1 trillion COVID-19 relief package

An arcane battle over emergency Federal Reserve powers is frustrating efforts to lock down an agreement on an almost $1 trillion COVID-19 economic relief package.

US jobless claims rise to 885,000 amid resurgence of coronavirus

The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy’s recovery.

Delay in deal on COVID-19 relief, 2nd stimulus check may force weekend sessions for Congress

Congressional negotiators are closing in on a $900 billion COVID-19 economic relief package that would deliver $300-per-week jobless checks and $600 stimulus payments to most Americans.

Congress nears agreement on 2nd stimulus check in long-delayed COVID-19 relief deal

The $908 billion bipartisan package would extend direct payments of $500-$600 to most Americans but would deny long-sought aid to state and local governments.

'Christmas cliff' looms for millions of Americans on the verge of losing their unemployment benefits

It’s being called the “Christmas Cliff.” On Dec. 26, millions of Americans are set to lose their unemployment benefits amid the coronavirus pandemic, adding another layer of stress for those who are jobless this holiday.

Silver Lining: Prices of precious metals soar during COVID-19 pandemic

With prices for the precious metal soaring to near record highs, that old chain or single earring collecting dust in your jewelry box is worth more than ever

Unemployment claims jump to 853,000 amid resurgence of COVID-19

The number of people applying for unemployment aid jumped last week to 853,000, the most since September, evidence that some companies are cutting more jobs as new virus cases spiral higher.

New White House offer adds $600 stimulus checks to COVID-19 relief

It proposes the $600 direct payment for individuals and $1,200 for couples, which is half the payment delivered by the March pandemic relief bill.

US economy will return to pre-pandemic levels by second-half of 2021, experts predict

The U.S. economy's growth is likely slowing as 2020 comes to a close, but a growing number of economists expect it to claw back to its pre-pandemic strength by the second half of next year.

Employers add a modest 245,000 jobs in November as coronavirus pandemic intensifies

America’s employers scaled back their hiring last month as the viral pandemic accelerated across the country, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown.

Unemployment claims remain high at 712,000 as COVID-19 pandemic escalates

The number of Americans applying for unemployment benefits fell last week to a still-high 712,000, the latest sign that the U.S. economy and job market remain under stress from the intensified viral outbreak.

IRS admits to erroneously sending $34M in COVID-19 stimulus funds overseas

The IRS acknowledged that it was responsible for sending $34 million worth of COVID-19 stimulus checks to ineligible people living outside of the United States.

Work in paradise: Hawaii offering incentives to remote workers who move to state

Hawaii’s new Movers and Shakas program hopes to attract talented individuals to the islands to work remotely, forging an economy resilient to economic downturns like the one triggered by the COVID-19 pandemic.

Biden unveils economic team at critical moment for recovery

President-elect Joe Biden on Tuesday introduced top advisers he says will help his administration rebuild an economy hammered by the coronavirus pandemic.

Black Friday crowds thin amid surging COVID-19 pandemic as retailers push online sales

In normal times, Black Friday is the busiest shopping day of the year, drawing millions of shoppers eager to get started on their holiday spending. But these are not normal times.