Existing home sale plunge 9.7% in 3rd straight monthly drop
The National Association of Realtors said Monday that the monthly decline pushed sales down to a seasonally adjusted annual rate of 3.91 million, the slowest pace since a home buyers tax credit expired in October 2010.
The National Association of Realtors said Monday that the monthly decline pushed sales down to a seasonally adjusted annual rate of 3.91 million, the slowest pace since a home buyers tax credit expired in October 2010.
Cashing In: Racial inequality results in economic inequality
Financial expert Dan Rocatto joins Good Day Weekend
Financial expert Dan Rocatto joins Good Day Weekend
IRS permits more Americans to tap retirement accounts without penalty
IRS permits more Americans to tap retirement accounts without penalty.
IRS permits more Americans to tap retirement accounts without penalty.
1.5 million more laid-off workers seek unemployment benefits
The latest figure from the Labor Department marks the 11th straight weekly decline in applications since they peaked at nearly 7 million in March.
The latest figure from the Labor Department marks the 11th straight weekly decline in applications since they peaked at nearly 7 million in March.
Fed Chairman Jerome Powell warns that long downturn would mean severe damage
“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”
“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”
Cashing in: Big box retail stores starting to reopen
Financial expert Dan Roccato joins Good Day Weekend.
Financial expert Dan Roccato joins Good Day Weekend.
Atlantic City’s May casino revenue down 65% in virus closure
With Atlantic City’s casinos shuttered and silent due to the coronavirus, the New Jersey Division of Gaming Enforcement said Friday that the casinos and two racetracks elsewhere in the state took in $91.1 million in May, a decrease of over 65% from May 2019.
With Atlantic City’s casinos shuttered and silent due to the coronavirus, the New Jersey Division of Gaming Enforcement said Friday that the casinos and two racetracks elsewhere in the state took in $91.1 million in May, a decrease of over 65% from May 2019.
How to pay off student loans when you’re broke
If you can’t pay your student loans, these tips could help.
If you can’t pay your student loans, these tips could help.
A second coronavirus payment may be coming. Here's your share
Earlier this week, Treasury Secretary Steven Mnuchin suggested the Trump administration was considering sending Americans another round of stimulus checks to offset the financial pain caused by the coronavirus pandemic and the related economic lockdown.
Earlier this week, Treasury Secretary Steven Mnuchin suggested the Trump administration was considering sending Americans another round of stimulus checks to offset the financial pain caused by the coronavirus pandemic and the related economic lockdown.
1.5 million more laid-off workers seek unemployment benefits
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
Dow sinks 1,800 as virus cases rise, deflating optimism
Stocks are falling sharply on Wall Street Thursday as coronavirus cases increase again, deflating recent optimism that the economy could recover quickly as lockdowns ease.
Stocks are falling sharply on Wall Street Thursday as coronavirus cases increase again, deflating recent optimism that the economy could recover quickly as lockdowns ease.
Trump administration opposes $600 unemployment benefits extension
The Trump administration opposes a Democratic proposal to extend a $600 per week federal unemployment benefit approved in response to the coronavirus pandemic, Labor Secretary Eugene Scalia said Tuesday.
The Trump administration opposes a Democratic proposal to extend a $600 per week federal unemployment benefit approved in response to the coronavirus pandemic, Labor Secretary Eugene Scalia said Tuesday.
Are we getting a second coronavirus stimulus check? What we know so far
An unexpectedly strong jobs report makes it appear unlikely that Americans will see a new coronavirus aid bill -- or a second IRS stimulus check.
An unexpectedly strong jobs report makes it appear unlikely that Americans will see a new coronavirus aid bill -- or a second IRS stimulus check.
Uber to offer flat-rate rides after decline in ridership due to pandemic
Dan Roccato has the latest details on Good Day Philadelphia.
Dan Roccato has the latest details on Good Day Philadelphia.
Businesses face new challenges due to unrest, pandemic
Dan Roccato discusses reopening, looting and other business challenges on Good Day Philadelphia.
Dan Roccato discusses reopening, looting and other business challenges on Good Day Philadelphia.
Citing jobs, Trump claims victory over virus, econ collapse
The unemployment rate dropped to a better-than-expected 13.3%, but that is still on par with what the nation witnessed during the Great Depression.
The unemployment rate dropped to a better-than-expected 13.3%, but that is still on par with what the nation witnessed during the Great Depression.
US unemployment drops unexpectedly to 13.3% amid outbreak
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.
Wall Street's rally zooms higher after surprise gain in jobs
The report gives credence to the building optimism among stock investors that the economy can recover relatively quickly from its current hole.
The report gives credence to the building optimism among stock investors that the economy can recover relatively quickly from its current hole.
JCPenney shutting down 154 stores after coronavirus-driven bankruptcy
Nearly three weeks after JCPenney filed for Chapter 11 bankruptcy, the company has announced it will close down 154 stores nationwide in 38 states as a first step in reorganizing the business.
Nearly three weeks after JCPenney filed for Chapter 11 bankruptcy, the company has announced it will close down 154 stores nationwide in 38 states as a first step in reorganizing the business.
FTC warns of ‘large scale’ unemployment fraud scam amid coronavirus pandemic
The Federal Trade Commission (FTC) is warning of a “large-scale scam erupting in the midst of the coronavirus pandemic” involving impostors who are filing claims for unemployment benefits using the personal information of people who have not filed any claims.
The Federal Trade Commission (FTC) is warning of a “large-scale scam erupting in the midst of the coronavirus pandemic” involving impostors who are filing claims for unemployment benefits using the personal information of people who have not filed any claims.