Nearly 3.2 million more workers seek jobless aid

Roughly 33.5 million people have now filed for jobless aid in the seven weeks since the coronavirus began forcing millions of companies to close their doors and slash their workforces.

Thousands apply for the Pandemic Unemployment Assistance program in Pennsylvania

People who applied to a new federal benefits program for self-employed and gig-economy workers and others barred from receiving traditional unemployment should begin to see the money next week, state officials said Monday.

Stocks erase losses as Nasdaq leads rebound

U.S. equity markets fell Monday amid rising tensions between the U.S. and China and as Warren Buffett said Berkshire Hathaway unloaded its entire stake in airlines.

J.Crew files for Chap. 11 bankruptcy as pandemic smothers retail

The owner of J.Crew is filing for Chapter 11 bankruptcy, two months after the first person in New York tested positive for COVID-19.

Americans without bank accounts must wait for federal stimulus checks

A House Ways and Means Committee memo obtained by AP estimated about 5 million paper checks will be issued each week, meaning those most in need could wait many weeks for their payments.

US jobless claims soar past 30 million as 3.8 million more workers seek aid

More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.

Smallest businesses get a few hours at head of loan line

Smaller businesses that need coronavirus relief will get to move to the front of the line come Wednesday.

US economy shrank at 4.8% rate last quarter as coronavirus struck

The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.

Governors select appointees for multi-state effort to reopen economy

State leaders, healthcare professionals, and executives will make up a multi-state council to restore the economy and safely reopen businesses.

Unemployment claims jumped by 5.25M last week as coronavirus job carnage continues

The wave of layoffs that has engulfed the U.S. economy since the coronavirus struck caused 5.2 million more people to seek unemployment benefits last week.

Highlights of historic $2.2T economic relief package

Highlights of a $2.2 trillion package to help businesses, workers and a health care system staggered by the coronavirus pandemic.