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.
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.