'Tax-time surprise': COVID-19 unemployment benefits lead to higher tax bill for unsuspecting filers
As tax season is in full swing, many Americans are being hit with another financial burden as the COVID-19 pandemic carries on - learning they owe taxes on unemployment benefits.
As tax season is in full swing, many Americans are being hit with another financial burden as the COVID-19 pandemic carries on - learning they owe taxes on unemployment benefits.
$15 minimum wage hike seems all but dead in Democrats' massive COVID-19 relief bill
Democrats’ hopes of including a minimum wage increase in their massive COVID-19 relief bill seem all but dead.
Democrats’ hopes of including a minimum wage increase in their massive COVID-19 relief bill seem all but dead.
Gas prices up in NJ, around nation amid refinery outages
AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $2.81, up eight cents from a week ago.
AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $2.81, up eight cents from a week ago.
House passes $1.9 trillion relief bill, Senate expected to vote next week
Democrats are ready to shove a $1.9 trillion COVID-19 relief package through the House on Friday.
Democrats are ready to shove a $1.9 trillion COVID-19 relief package through the House on Friday.
Unemployment claims drop to 730,000; pandemic keeps layoffs high
The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards.
The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards.
Republicans rally solidly against Democrats' COVID-19 relief package
Republicans are rallying solidly against Democrats’ proposed $1.9 trillion COVID-19 relief bill.
Republicans are rallying solidly against Democrats’ proposed $1.9 trillion COVID-19 relief bill.
US unemployment claims jump to 861,000 as layoffs stay high
The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed COVID-19 cases.
The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed COVID-19 cases.
AOC pushes back after Biden dismisses progressives' plan to cancel $50,000 in student loan debt
Rep. Alexandria Ocasio-Cortez criticized President Biden after he shot down a proposal from progressive Democrats to eliminate $50,000 in student loan debt, saying the president's arguments against acting unilaterally on the matter "just don't hold water."
Rep. Alexandria Ocasio-Cortez criticized President Biden after he shot down a proposal from progressive Democrats to eliminate $50,000 in student loan debt, saying the president's arguments against acting unilaterally on the matter "just don't hold water."
Biden extends mortgage relief, ban on home foreclosures through June 2021
Certain mortgage protections that were put in place amid the pandemic, and were set to expire next month, have been extended through June.
Certain mortgage protections that were put in place amid the pandemic, and were set to expire next month, have been extended through June.
Officials: New UPS distribution center to bring 1,000 jobs
A new UPS distribution center is planned on the former Military Ocean Terminal site in Bayonne, which city officials say they expect to create 1,000 new jobs.
A new UPS distribution center is planned on the former Military Ocean Terminal site in Bayonne, which city officials say they expect to create 1,000 new jobs.
Did you get the right stimulus check amount? Why you need to know before filing your tax return
Americans who have not received their coronavirus stimulus check payments, or who received the incorrect amount, have an opportunity to claim the missing money now that the 2020 tax season is officially underway.
Americans who have not received their coronavirus stimulus check payments, or who received the incorrect amount, have an opportunity to claim the missing money now that the 2020 tax season is officially underway.
House panel advances partial COVID-19 relief bill including $1,400 stimulus checks
The panel on Thursday evening approved its $940 billion piece of Biden's proposal on a 25-18 party-line vote
The panel on Thursday evening approved its $940 billion piece of Biden's proposal on a 25-18 party-line vote
Unemployment claims dip to 793,000; layoffs remain high
Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.
Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.
$1,400 stimulus check update: When could you get your third payment?
Households could start to receive the payments in just a few weeks.
Households could start to receive the payments in just a few weeks.
Nabisco plant in New Jersey to close, leaving as many as 600 jobless
A Nabisco plant in New Jersey will close for good by summer’s end after 63 years of operation, leaving as many as 600 people without jobs, officials said.
A Nabisco plant in New Jersey will close for good by summer’s end after 63 years of operation, leaving as many as 600 people without jobs, officials said.
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."
President Biden conceded that his push to fold a $15 minimum wage into a broader COVID-19 relief package likely won't "survive."
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.
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.
Employers added 49K jobs last month as US unemployment fell to 6.3%
U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.
U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.
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.
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.
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.