US budget deficit climbs to record $2.81 trillion

The Treasury Department says the U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year.

Consumer prices in the US rose 0.6% in July, matching June uptick

The uptick was about twice what economists expected. But inflation remains in check: Consumer prices are up just 1% over the past year.

When does the extra $400 unemployment benefit start?

Trump's efforts to partially restore the sweetened jobless benefits, which expired at the end of July, hinges on cash-strapped states being able to adapt a new unemployment system and fund one-fourth of the aid.

Del. officials reopen program to provide financial assistance for renters

Delaware officials are using $40 million in federal coronavirus relief funds to help people struggling to make their rent or mortgage payments because of the pandemic.

Pa. officials seek guidance on President Trump's executive order for new unemployment benefits

Pennsylvania has contacted the U.S. Department of Labor about a loan to prop up its unemployment compensation trust fund as President Donald Trump pushes states to help pay for a new round of federal unemployment benefits.

Summer jobs for young people are vanishing amid the COVID-19 pandemic

The iconic summer job for high school and college students has been on the wane for nearly 20 years. But the pandemic is squeezing even more young people out of the workforce.

Will Americans get a second $1,200 stimulus check? What we know

The fate of a second stimulus check was thrown into uncertainty last week when White House officials and Democratic leaders missed a self-imposed deadline to cut a deal on another round of emergency coronavirus aid.

Amazon reportedly looking to transform shuttered JCPenney, Sears stores into fulfillment centers

Amazon, celebrating the boom in e-commerce, is in discussions with Simon Property Group, the largest U.S. mall owner by number of malls with 204 properties, the Journal reported, citing people familiar with the matter.

For pandemic jobless, the only real certainty is uncertainty

The COVID-19 outbreak and resulting economic upheaval have thrown millions of lives into disarray. Industries have collapsed, businesses closed, jobs disappeared. Compounding the misery is a question no one can answer: When will this all be over?

Gone for good? Evidence signals many jobs aren't coming back after COVID-19 pandemic

As the coronavirus continues to transform a vast swath of the economy, it's becoming evident that millions of Americans face the prospect of a permanent job loss that will force some to seek work with new industries or in new occupations.

Still haven't received your first $1,200 stimulus check? What you need to do

While Congress is deadlocked on another coronavirus relief package that's widely expected to include a second stimulus check, millions of Americans are still awaiting the arrival of their first $1,200 cash payment.

US adds 1.8 million jobs in July, a dip from previous months

The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is stalling hiring and slowing an economic rebound.

Laid-off workers endure loss of $600 federal aid amid COVID-19 pandemic

Around the country, across industries and occupations, millions of Americans thrown out of work because of the coronavirus are straining to afford the basics now that an extra $600 a week in federal unemployment benefits has expired.

NJ jobless claims hit lowest since pandemic began

Applications last week dropped 41% compared with the week before, going down to 16,573, the department said. 

1.2 million seek jobless aid after $600 federal check ends

Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired.

Virgin Atlantic files for bankruptcy protection in U.S.

Richard Branson's Virgin Atlantic airline is seeking protection from creditors as it tries to survive the pandemic that is slamming air travel.