Small Business Administration watchdog report cites ‘serious concerns’ over ‘widespread’ COVID-19 relief fraud
A report from the Office of Inspector General of the U.S. Small Business Administration details complaints of thousands of instances involving suspected fraud from financial institutions apparently receiving economic assistance from Coronavirus relief aid.
A report from the Office of Inspector General of the U.S. Small Business Administration details complaints of thousands of instances involving suspected fraud from financial institutions apparently receiving economic assistance from Coronavirus relief aid.
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.
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.
More payments, extended benefits: Inside the GOP's COVID stimulus proposal
The framework is expected to extend — but reduce substantially — just-expired expanded unemployment benefits, send a fresh round of $1,200 stimulus check to American adults earning less than $75,000 in August and funnel tens of billions of dollars in aid to schools and universities.
The framework is expected to extend — but reduce substantially — just-expired expanded unemployment benefits, send a fresh round of $1,200 stimulus check to American adults earning less than $75,000 in August and funnel tens of billions of dollars in aid to schools and universities.
$600 weekly unemployment benefit ends, but will it be extended? Here’s what you need to know
The $600 weekly boost in jobless aid that millions of people have received since early in the pandemic is set to expire.
The $600 weekly boost in jobless aid that millions of people have received since early in the pandemic is set to expire.
Poll: Nearly half say job lost to coronavirus won't return
Nearly half of Americans whose families experienced a layoff during the coronavirus pandemic believe those jobs are lost forever.
Nearly half of Americans whose families experienced a layoff during the coronavirus pandemic believe those jobs are lost forever.
US new home sales jump 13.8% in June
The Commerce Department reported Friday that the June gain pushed sales of new homes to a seasonally adjusted annual rate of 776,000. The increase follows a 19.4% jump in May.
The Commerce Department reported Friday that the June gain pushed sales of new homes to a seasonally adjusted annual rate of 776,000. The increase follows a 19.4% jump in May.
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.
The White House has dropped a bid to cut Social Security payroll taxes as Republicans unveil a $1 trillion COVID-19 rescue package.
Jobless claims rise as cutoff of extra $600 benefit nears
The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.
The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.
Ann Taylor, Lane Bryant owner files for bankruptcy protection, will close some stores
Ascena Retail Group, the parent company of Lane Bryant, Ann Taylor and Justice, announced Thursday that it has filed for Chapter 11 bankruptcy protection after its business was "severely disrupted by the COVID-19 pandemic."
Ascena Retail Group, the parent company of Lane Bryant, Ann Taylor and Justice, announced Thursday that it has filed for Chapter 11 bankruptcy protection after its business was "severely disrupted by the COVID-19 pandemic."
Why are coins hard to find during the pandemic?
The Federal Reserve has seen a significant decline of coins in circulation because people are not spending them as regularly at businesses, many of which are either temporarily closed or not accepting cash.
The Federal Reserve has seen a significant decline of coins in circulation because people are not spending them as regularly at businesses, many of which are either temporarily closed or not accepting cash.
Remote jobs during coronavirus hiring for six-figure salaries now
Remote job roles in engineering, communications and marketing are hiring at these companies during the COVID-19 pandemic.
Remote job roles in engineering, communications and marketing are hiring at these companies during the COVID-19 pandemic.
Stress rises for unemployed as extra $600 benefit nears end
A major source of income for roughly 30 million unemployed people is set to end, threatening their ability to meet rent and pay bills and potentially undercutting the fragile economic recovery.
A major source of income for roughly 30 million unemployed people is set to end, threatening their ability to meet rent and pay bills and potentially undercutting the fragile economic recovery.
June jobless rate dips down in Pennsylvania, payrolls jumped
Pennsylvania’s unemployment slid a bit down in June after hitting a pandemic peak in April, but it was well above the national rate even as payrolls rebounded by more 230,000, the state reported Friday.
Pennsylvania’s unemployment slid a bit down in June after hitting a pandemic peak in April, but it was well above the national rate even as payrolls rebounded by more 230,000, the state reported Friday.
Another 1.3 million Americans sought unemployment aid last week
The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, a historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.
The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, a historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.
Missed the tax deadline? Take these steps now
Here are some steps you can take to keep your penalties to a minimum if you were unable to file by July 15.
Here are some steps you can take to keep your penalties to a minimum if you were unable to file by July 15.
Most PPP recipients expect to run out of money by August, study finds
A majority of small businesses that tapped the taxpayer-funded Paycheck Protection Program expect to run out of money by the first week of August, according to a Goldman Sachs survey released Tuesday.
A majority of small businesses that tapped the taxpayer-funded Paycheck Protection Program expect to run out of money by the first week of August, according to a Goldman Sachs survey released Tuesday.
Spiking cost of gasoline pushes June consumer prices up 0.6%
Over the past 12 months, consumer prices have increased a modest 0.8% while core inflation is up just 1.2%.
Over the past 12 months, consumer prices have increased a modest 0.8% while core inflation is up just 1.2%.
White House campaign to help jobless 'find something new'
A new White House-backed ad campaign aims to encourage people who are unemployed or unhappy in their jobs or careers to “find something new.”
A new White House-backed ad campaign aims to encourage people who are unemployed or unhappy in their jobs or careers to “find something new.”
US budget deficit hits all-time high of $864 billion in June
The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.
The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.
Average gas price rises over last 2 weeks
The average U.S. price of regular-grade gasoline increased by 2 cents over the past two weeks, to $2.24 per gallon.
The average U.S. price of regular-grade gasoline increased by 2 cents over the past two weeks, to $2.24 per gallon.