Unemployment claims dip to 793,000; layoffs remain high

Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.

Billy Murphy's Irish Saloon gets help from the Barstool Fund

Billy Murphy's Irish Saloon in East Falls became the latest Philadelphia business to receive critical financial support from the Barstool Fund, which has raised over $35M for small businesses struggling to stay afloat during the pandemic.

Family of 20-year-old California investor who died thinking he lost over $730,000 sue Robinhood

The parents of Alex Kearns, 20, say he thought he had lost $730,000 when he took his own life. They are now suing Robinhood Financial, claiming the popular stock-trading platform’s business practices "directly" led to their son’s death.

Stimulus checks: Democrats propose $1,400 payments as part of Biden's COVID-19 relief plan

Democrats on a pivotal House panel on Monday proposed an additional $1,400 in direct payments to individuals as Congress began piecing together a $1.9 trillion COVID-19 relief package that largely follows President Joe Biden's proposal for battling the pandemic and reviving a still staggering economy.

Nabisco plant in New Jersey to close, leaving as many as 600 jobless

A Nabisco plant in New Jersey will close for good by summer’s end after 63 years of operation, leaving as many as 600 people without jobs, officials said.

Pandemic vices are putting more consumers in debt: 'It's 100% instant gratification'

Alcohol, cigarettes, adult entertainment and lottery tickets are just some of the items 70% of Americans are splurging on during the pandemic, a new survey from financial services company MagnifyMoney suggests.

Does the pandemic mean the end of cash?
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Dan Roccato, Credible.com Personal Finance Expert, joins Good Day Philadelphia.

7 essential things to know before you file your 2020 tax return

The coronavirus pandemic triggered many changes in the U.S. economy and the employment landscape. Here are things to know before you file your tax returns.

Employers added 49K jobs last month as US unemployment fell to 6.3%

U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.

Jobless claims fall to 779,000; layoffs grind on

The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.

Democrats urge Biden to cancel up to $50k in student loan debt by executive action

The resolution called on President Biden to take executive action to "administratively cancel up to $50,000 in Federal student loan debt for Federal student loan borrowers" using "existing legal authorities" under the Higher Education Act of 1965.

Who will receive a third stimulus check? What we know so far

Congressional Democrats are barreling ahead on passing a sprawling coronavirus relief plan without any Republican support, likely ensuring that most Americans will receive a third stimulus check.