US wholesale prices fell 0.2% in June as food costs plunged
U.S. wholesale prices fell 0.2% in June as food costs dropped sharply, offsetting a big increase in energy prices.
U.S. wholesale prices fell 0.2% in June as food costs dropped sharply, offsetting a big increase in energy prices.
Businesses across US request ‘exact change’ amid coin shortage caused by COVID-19
Following an announcement from The Federal Reserve last month that the coronavirus pandemic has created a shortage in coins in the U.S., businesses around the country have been urging their customers to use alternative forms of payment or bring exact change.
Following an announcement from The Federal Reserve last month that the coronavirus pandemic has created a shortage in coins in the U.S., businesses around the country have been urging their customers to use alternative forms of payment or bring exact change.
US economy may be stalling out as viral outbreak worsens
Another 1.3 million workers sought unemployment last week, according to the Department of Labor.
Another 1.3 million workers sought unemployment last week, according to the Department of Labor.
Coronavirus-impacted Bed, Bath & Beyond to close over 200 stores as quarterly sales tumble
Bed, Bath & Beyond will close more than 200 stores over the next two years as part of a restructuring effort due to the coronavirus pandemic.
Bed, Bath & Beyond will close more than 200 stores over the next two years as part of a restructuring effort due to the coronavirus pandemic.
Brooks Brothers, worn by Lincoln and Kennedy, goes bankrupt
Brooks Brothers, the 200-year-old company that dressed nearly every U.S. president, is filing for bankruptcy protection.
Brooks Brothers, the 200-year-old company that dressed nearly every U.S. president, is filing for bankruptcy protection.
Small business aid went beyond hard-hit companies, data show
The government handed out $521 billion through the paycheck protection program, a crucial piece of the government's $2 trillion rescue package.
The government handed out $521 billion through the paycheck protection program, a crucial piece of the government's $2 trillion rescue package.
West Virginia governor's companies get millions in coronavirus loans
At least six Justice family entities received the Paycheck Protection Program loans, including four energy companies, the governor's lavish resort The Greenbrier, as well as The Greenbrier Sporting Club.
At least six Justice family entities received the Paycheck Protection Program loans, including four energy companies, the governor's lavish resort The Greenbrier, as well as The Greenbrier Sporting Club.
New Jersey drivers seeing lowest July 4 weekend gas prices in 4 years
AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday ticked up a penny to $2.16.
AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday ticked up a penny to $2.16.
What will the next coronavirus relief bill look like? Congress mulls stimulus checks and back-to-work bonus
As a recent coronavirus resurgence threatens to derail the U.S. economy's gradual recovery from the worst downturn since the Great Depression, the spike in cases has put added pressure on Congress to pass another round of fiscal aid.
As a recent coronavirus resurgence threatens to derail the U.S. economy's gradual recovery from the worst downturn since the Great Depression, the spike in cases has put added pressure on Congress to pass another round of fiscal aid.
US adds 4.8 million jobs as unemployment falls to 11.1%
While the jobless rate was down from 13.3% in May, it is still at a Depression-era level. And the data was gathered during the second week of June, just before a number of states began to reverse or suspend the reopenings of their economies to try to beat back the virus.
While the jobless rate was down from 13.3% in May, it is still at a Depression-era level. And the data was gathered during the second week of June, just before a number of states began to reverse or suspend the reopenings of their economies to try to beat back the virus.
US consumer spending up 8.2%, partly erasing record plunge
Friday’s Commerce Department report showed that Americans stepped up their spending in May despite a 4.2% decline in personal income, which had soared by 10.8% the previous month.
Friday’s Commerce Department report showed that Americans stepped up their spending in May despite a 4.2% decline in personal income, which had soared by 10.8% the previous month.
Coronavirus pandemic takes a bite, Chuck E Cheese files for bankruptcy
“The Chapter 11 process will allow us to strengthen our financial structure as we recover from what has undoubtedly been the most challenging event in our company’s history” said CEO David McKillips in a prepared statement.
“The Chapter 11 process will allow us to strengthen our financial structure as we recover from what has undoubtedly been the most challenging event in our company’s history” said CEO David McKillips in a prepared statement.
Another 1.48 million laid-off workers seek US jobless aid
The number of laid-off workers who applied for unemployment benefits fell to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level.
The number of laid-off workers who applied for unemployment benefits fell to 1.48 million last week, the 12th straight drop and a sign that layoffs are slowing but are still at a painfully high level.
US GDP fell at 5.0% rate in Q1; worse is likely on the way
It was the sharpest quarterly decline since an 8.4% fall in 2008 during the depths of the financial crisis.
It was the sharpest quarterly decline since an 8.4% fall in 2008 during the depths of the financial crisis.
Only 47% of Americans are losing sleep over money despite pandemic: Study
For the 47 percent who are worried about money issues currently, 23 percent said their cause of stress revolved around everyday expenses, which Bankrate noted was down from the 32 percent who said the same last year.
For the 47 percent who are worried about money issues currently, 23 percent said their cause of stress revolved around everyday expenses, which Bankrate noted was down from the 32 percent who said the same last year.
US new home sales rise surprisingly strong 16.6% in May
Sales of new homes rose a surprisingly strong 16.6% in May suggesting that the reopening of major parts of the country were giving a boost to the housing market.
Sales of new homes rose a surprisingly strong 16.6% in May suggesting that the reopening of major parts of the country were giving a boost to the housing market.
1.5 million more laid-off workers seek unemployment benefits
The latest figure from the Labor Department marks the 11th straight weekly decline in applications since they peaked at nearly 7 million in March.
The latest figure from the Labor Department marks the 11th straight weekly decline in applications since they peaked at nearly 7 million in March.
Atlantic City’s May casino revenue down 65% in virus closure
With Atlantic City’s casinos shuttered and silent due to the coronavirus, the New Jersey Division of Gaming Enforcement said Friday that the casinos and two racetracks elsewhere in the state took in $91.1 million in May, a decrease of over 65% from May 2019.
With Atlantic City’s casinos shuttered and silent due to the coronavirus, the New Jersey Division of Gaming Enforcement said Friday that the casinos and two racetracks elsewhere in the state took in $91.1 million in May, a decrease of over 65% from May 2019.
How to pay off student loans when you’re broke
If you can’t pay your student loans, these tips could help.
If you can’t pay your student loans, these tips could help.
1.5 million more laid-off workers seek unemployment benefits
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.