Money

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.

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, 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.

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?

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.

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.

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.

After more than a week's worth of meetings, at least some clarity is coming to bipartisan Washington talks on a huge COVID-19 response bill.

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.

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.

Some people were shocked to find $0 in their Bank of America accounts on Wednesday due to what the bank said was a glitch.

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

“This is a difficult decision as we recognize the crushing impact that this pandemic has had on our community and every other industry,” said the Cruise Lines International Association in a statement.

Walt Disney Co. on Tuesday reported that its net income fell dramatically in the three-month period that ended in June when most of its theme parks were shuttered and theatrical movie releases were postponed.

Ali Siverhus posted a photo of a signed receipt she received from a customer she waited on who gave her a 5-cent tip and a note that read “get rid of masks, tips will be bigger.”

The U.S. Department of Justice said that Lee Price III allegedly obtained more than $1.6 million in fraudulent Paycheck Protection Program loans.

Microsoft is in talks to buy parts of TikTok, a forced sale after Trump threatened to ban the Chinese-owned video app, which claims 100 million U.S. users and hundreds of millions globally.