American unemployment claims fall to 751,000; coronavirus resurges
The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March but a figure that remains historically high and indicates the viral pandemic is still forcing many employers to cut jobs.
The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March but a figure that remains historically high and indicates the viral pandemic is still forcing many employers to cut jobs.
US economy grew at 33% rate in 3rd quarter but recovery is incomplete
The U.S. economy grew at a 33.1% annual rate in the July-September quarter — by far the largest quarterly gain on record — rebounding from an epic plunge in the spring.
The U.S. economy grew at a 33.1% annual rate in the July-September quarter — by far the largest quarterly gain on record — rebounding from an epic plunge in the spring.
Walt Disney World lays off 720 performers because of COVID-19
The performer layoffs come weeks after The Walt Disney Co. announced it was eliminating 28,000 jobs in its parks division in California and Florida.
The performer layoffs come weeks after The Walt Disney Co. announced it was eliminating 28,000 jobs in its parks division in California and Florida.
Second coronavirus stockpiling wave may be coming — and it goes beyond toilet paper, cleaning supplies
As winter encroaches, more than half of U.S. consumers are considering replenishing their assortment of goods and essential products that they had originally stockpiled during the onset of the coronavirus pandemic earlier this year, according to new research from data-driven technology-enabled services company Inmar Intelligence.
As winter encroaches, more than half of U.S. consumers are considering replenishing their assortment of goods and essential products that they had originally stockpiled during the onset of the coronavirus pandemic earlier this year, according to new research from data-driven technology-enabled services company Inmar Intelligence.
Chipotle now charges extra for tortilla on the side
The restaurant chain seems to have caught on to the fan-favorite hack, which means no more free extra tortillas on the side.
The restaurant chain seems to have caught on to the fan-favorite hack, which means no more free extra tortillas on the side.
U.S. casinos seek recovery aid, though still hampered by virus
The head of the gambling industry's national trade group says additional financial aid is needed for casinos and their workers.
The head of the gambling industry's national trade group says additional financial aid is needed for casinos and their workers.
Pelosi 'remains optimistic' about COVID-19 relief package before Election Day
Despite failing on Monday to come to an agreement on a coronavirus stimulus package, House Speaker Nancy Pelosi "remains optimistic" that a deal with the White House can be reached before Election Day.
Despite failing on Monday to come to an agreement on a coronavirus stimulus package, House Speaker Nancy Pelosi "remains optimistic" that a deal with the White House can be reached before Election Day.
Stocks plunge as COVID-19 cases surge in US
The stock market had its worst day in a month as virus cases surge and help for the economy from Washington remains nowhere in sight.
The stock market had its worst day in a month as virus cases surge and help for the economy from Washington remains nowhere in sight.
Italy closes gyms, shuts eateries early amid rising COVID-19 cases
Italy’s leader has imposed at least a month of new restrictions to fight rising coronavirus infections, shutting down gyms, pools and movie theaters and putting an early curfew on cafes and restaurants.
Italy’s leader has imposed at least a month of new restrictions to fight rising coronavirus infections, shutting down gyms, pools and movie theaters and putting an early curfew on cafes and restaurants.
Layaway plans are back with a modern, technological twist
Financial expert Dan Roccato weighs in on how the new type of layaway works and also shows off some of the apps involved.
Financial expert Dan Roccato weighs in on how the new type of layaway works and also shows off some of the apps involved.
Unemployment claims fall to 787,000; layoffs still high
The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.
The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.
Quibi is shutting down, citing low subscriptions amid COVID-19 pandemic
A short six months after promising to revolutionize video viewing, short-form streaming service Quibi raised a white flag Wednesday and announced it was shutting down.
A short six months after promising to revolutionize video viewing, short-form streaming service Quibi raised a white flag Wednesday and announced it was shutting down.
Coronavirus relief talks crawl ahead; McConnell is resistant
President Donald Trump’s most powerful Senate ally is pressing the White House not to move ahead on a coronavirus pandemic relief package.
President Donald Trump’s most powerful Senate ally is pressing the White House not to move ahead on a coronavirus pandemic relief package.
McConnell says any Pelosi-Mnuchin COVID-19 stimulus deal would get Senate vote
Senate Majority Leader Mitch McConnell said he'll schedule a vote if House Speaker Nancy Pelosi and the Trump administration are able to seal an agreement on a huge COVID-19 relief bill.
Senate Majority Leader Mitch McConnell said he'll schedule a vote if House Speaker Nancy Pelosi and the Trump administration are able to seal an agreement on a huge COVID-19 relief bill.
China's economy accelerates as coronavirus recovery gains strength
China’s shaky economic recovery from the coronavirus pandemic is gaining strength as consumers return to shopping malls and auto dealerships while the United States and Europe endure painful contractions.
China’s shaky economic recovery from the coronavirus pandemic is gaining strength as consumers return to shopping malls and auto dealerships while the United States and Europe endure painful contractions.
Trump teases stepping in if Republicans oppose multi-trillion dollar stimulus package
President Trump hinted he might intervene if Republican senators don't support a second coronavirus stimulus package worth trillions of dollars, during an interview with Charles Benson of WTMJ4 Milwaukee on Saturday.
President Trump hinted he might intervene if Republican senators don't support a second coronavirus stimulus package worth trillions of dollars, during an interview with Charles Benson of WTMJ4 Milwaukee on Saturday.
Cashing In: Coronavirus forced over 860,000 women out of work, report finds
Financial expert Dan Roccato joins Good Day Weekend to discuss how coronavirus is forcing women to choose between career and parenting.
Financial expert Dan Roccato joins Good Day Weekend to discuss how coronavirus is forcing women to choose between career and parenting.
Even with COVID-19 coverage safety net, recovered patients hit with hefty hospital bills
COVID-19 can do more than torment patients physically. It also clobbers some financially.
COVID-19 can do more than torment patients physically. It also clobbers some financially.
Pennsylvania sees another big monthly drop in jobless rate
Pennsylvania's unemployment rate was 8.1% in September, down 2.3 percentage points from August's adjusted rate of 10.4%, the state Department of Labor and Industry said.
Pennsylvania's unemployment rate was 8.1% in September, down 2.3 percentage points from August's adjusted rate of 10.4%, the state Department of Labor and Industry said.
Layoffs remain elevated as 898,000 seek unemployment aid
The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.
The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.