Layoffs continue as 840,000 seek unemployment aid

The government will provide its latest picture Thursday of the pace of layoffs in the United States, which have remained high since the viral pandemic erupted in March while federal aid for the jobless has lapsed.

Dozens of inmates accused of fraudulently seeking unemployment funds

Millions of Americans are struggling during the pandemic with many unable to access unemployment benefits. Now we've learned that inmates across Pennsylvania have allegedly been applying and receiving those same benefits that are needed by so many.

IRS reaching out to millions who have not claimed $1,200 stimulus check

The head of the IRS, on the defensive over millions of Americans in danger of missing coronavirus relief payments, says the agency is reaching out to low-income and homeless people, military personnel and veterans and those with limited English to notify them they may be eligible.

Fed chair warns lack of further COVID-19 stimulus imperils economic recovery

Federal Reserve Chair Jerome Powell warned that a recovery from the COVID-19 pandemic recession could falter unless the federal government supplies additional stimulus relief.

Democrats call for Congress to rein in, break up Google, Amazon, Facebook, Apple

Democratic lawmakers are calling for Congress to rein in Big Tech, possibly forcing Facebook, Google, Amazon and Apple to sever their dominant platforms from their other lines of business and imposing new uniformity on the terms they offer users.

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.

Eric Trump talks with NY investigators via video

President Donald Trump’s son Eric is scheduled to speak via video on Monday with New York state investigators probing his family’s business practices, according to court papers filed Friday.

Cashing In: Experts debate what economic recovery will look like
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Financial expert Dan Roccato joins Good Day Weekend with more on the debate about how the US economy will recover amid coronavirus.

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.

Stock futures plunge after Trump confirms he has coronavirus

U.S. equity futures plunged by more than 1.6%, or 500 Dow points after President Trump confirmed through a tweet that he and the first lady tested positive for coronavirus.

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.