Trump halts COVID-19 stimulus talks until after election

President Donald Trump says he has instructed aides to stop negotiating on another round of COVID-19 relief until after the election.

Geneva votes to increase minimum wage to $25, believed to be highest in the world

Geneva voted for the minimum wage to be increased to $25, making it the highest minimum wage in the world, according to the Geneva Trade Union Action Community.

Hiring slows for 3rd month; US unemployment rate falls to 7.9%

America’s employers added 661,000 jobs in September, the third straight month of slower hiring and evidence from the final jobs report before the presidential election that the economic recovery has weakened.

Layoffs remain high as 837,000 seek unemployment aid

The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.

2nd round of stimulus checks would be in relief bill: Mnuchin

The Treasury Secretary says a potential coronavirus relief package will include another round of checks for Americans.

Disney to lay off 28,000 workers at its parks in California, Florida

Disney is laying off 28,000 U.S.-based employees across its Parks, Experiences and Products division due to continued struggles caused by the coronavirus pandemic, the company announced in a statement on Tuesday.

Climate change poses ‘major risk’ to US financial system, federal report warns

The report, commissioned by President Donald Trump’s CFTC, found that climate change is already impacting or is anticipated to impact nearly every facet of the economy.

Amazon Prime Day has a date

Amazon Prime Day pulled in over $7B in 2019

Bank shares tumble on reports of rampant money laundering

The financial sector was hit hard Monday following a report alleging that a number of banks have continued to profit from illicit dealings with disreputable people and criminal networks.

Dow plunges 900 points as election, coronavirus lockdown worries mount

U.S. equity markets were sharply lower Monday as investors weighed the possibility of more coronavirus shutdowns in Europe and uncertainty surrounding the U.S. election.

Gas prices continue to dip in New Jersey, across the nation

Gas prices have continued to dip in New Jersey and across the nation, and analysts say they expect the decline to continue.

Pennsylvania sees large drop in jobless rate in August

Pennsylvania’s unemployment rate took a steep drop in August, as the labor force shrank and payrolls shot up again in a continuing rebound from the pandemic.

Murphy, lawmakers agree to tax rich, offer $500 rebates to some families

New Jersey Gov. Phil Murphy says he and fellow Democratic legislative leaders have agreed to raise income taxes on millionaires while also giving about 800,000 families a $500 tax rebate.

Mayor de Blasio will furlough everyone in his office, including himself

The New York City mayor says he is going to require everyone who works in his office to take a 5-day unpaid furlough because of a budget shortfall.