More payments, extended benefits: Inside the GOP's COVID stimulus proposal
The framework is expected to extend — but reduce substantially — just-expired expanded unemployment benefits, send a fresh round of $1,200 stimulus check to American adults earning less than $75,000 in August and funnel tens of billions of dollars in aid to schools and universities.
The framework is expected to extend — but reduce substantially — just-expired expanded unemployment benefits, send a fresh round of $1,200 stimulus check to American adults earning less than $75,000 in August and funnel tens of billions of dollars in aid to schools and universities.
$600 weekly unemployment benefit ends, but will it be extended? Here’s what you need to know
The $600 weekly boost in jobless aid that millions of people have received since early in the pandemic is set to expire.
The $600 weekly boost in jobless aid that millions of people have received since early in the pandemic is set to expire.
Americans can determine if they are middle class with new income calculator
Pew Research Center reports that 52% of Americans are in middle-income households.
Pew Research Center reports that 52% of Americans are in middle-income households.
Many Americans should be getting $1,200 checks in August, Treasury Secretary says
Treasury Secretary Steve Mnuchin says that many Americans will be getting another $1,200 stimulus check in August. But, he says that the GOP is determined to cut down the $600/week in extra federal unemployment benefits that millions have been getting for months.
Treasury Secretary Steve Mnuchin says that many Americans will be getting another $1,200 stimulus check in August. But, he says that the GOP is determined to cut down the $600/week in extra federal unemployment benefits that millions have been getting for months.
Poll: Nearly half say job lost to coronavirus won't return
Nearly half of Americans whose families experienced a layoff during the coronavirus pandemic believe those jobs are lost forever.
Nearly half of Americans whose families experienced a layoff during the coronavirus pandemic believe those jobs are lost forever.
US new home sales jump 13.8% in June
The Commerce Department reported Friday that the June gain pushed sales of new homes to a seasonally adjusted annual rate of 776,000. The increase follows a 19.4% jump in May.
The Commerce Department reported Friday that the June gain pushed sales of new homes to a seasonally adjusted annual rate of 776,000. The increase follows a 19.4% jump in May.
White House drops payroll tax cut as GOP unveils virus aid
The White House has dropped a bid to cut Social Security payroll taxes as Republicans unveil a $1 trillion COVID-19 rescue package.
The White House has dropped a bid to cut Social Security payroll taxes as Republicans unveil a $1 trillion COVID-19 rescue package.
Jobless claims rise as cutoff of extra $600 benefit nears
The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.
The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.
Ann Taylor, Lane Bryant owner files for bankruptcy protection, will close some stores
Ascena Retail Group, the parent company of Lane Bryant, Ann Taylor and Justice, announced Thursday that it has filed for Chapter 11 bankruptcy protection after its business was "severely disrupted by the COVID-19 pandemic."
Ascena Retail Group, the parent company of Lane Bryant, Ann Taylor and Justice, announced Thursday that it has filed for Chapter 11 bankruptcy protection after its business was "severely disrupted by the COVID-19 pandemic."
Why are coins hard to find during the pandemic?
The Federal Reserve has seen a significant decline of coins in circulation because people are not spending them as regularly at businesses, many of which are either temporarily closed or not accepting cash.
The Federal Reserve has seen a significant decline of coins in circulation because people are not spending them as regularly at businesses, many of which are either temporarily closed or not accepting cash.
‘We will not sell it at cost’: Some drugmakers stand to profit from potential coronavirus vaccine
Some executives from major pharmaceutical companies told lawmakers they would not sell their vaccines at cost when questions rose of how much they would profit from the pandemic.
Some executives from major pharmaceutical companies told lawmakers they would not sell their vaccines at cost when questions rose of how much they would profit from the pandemic.
Remote jobs during coronavirus hiring for six-figure salaries now
Remote job roles in engineering, communications and marketing are hiring at these companies during the COVID-19 pandemic.
Remote job roles in engineering, communications and marketing are hiring at these companies during the COVID-19 pandemic.
Coronavirus prompts Country Time to offer lemonade stand stimulus checks for kids
The powdered beverage company Country Time is issuing stimulus checks to children who have had to shutter their summertime lemonade stands due to the current coronavirus pandemic.
The powdered beverage company Country Time is issuing stimulus checks to children who have had to shutter their summertime lemonade stands due to the current coronavirus pandemic.
Top Republicans meet with Trump to negotiate next coronavirus stimulus package
Top Republicans in Congress met Monday with President Donald Trump at the White House on the next COVID-19 aid package as the crisis many hoped would have improved has dramatically worsened, just as emergency relief is expiring.
Top Republicans in Congress met Monday with President Donald Trump at the White House on the next COVID-19 aid package as the crisis many hoped would have improved has dramatically worsened, just as emergency relief is expiring.
Coin shortage prompts bank to pay you for spare change: ‘It has never happened before’
Do you have a jar of coins in your house? Maybe you have been saving for a special occasion? Well, a local bank says they will pay you for what’s inside that jar — plus interest!
Do you have a jar of coins in your house? Maybe you have been saving for a special occasion? Well, a local bank says they will pay you for what’s inside that jar — plus interest!
Stress rises for unemployed as extra $600 benefit nears end
A major source of income for roughly 30 million unemployed people is set to end, threatening their ability to meet rent and pay bills and potentially undercutting the fragile economic recovery.
A major source of income for roughly 30 million unemployed people is set to end, threatening their ability to meet rent and pay bills and potentially undercutting the fragile economic recovery.
June jobless rate dips down in Pennsylvania, payrolls jumped
Pennsylvania’s unemployment slid a bit down in June after hitting a pandemic peak in April, but it was well above the national rate even as payrolls rebounded by more 230,000, the state reported Friday.
Pennsylvania’s unemployment slid a bit down in June after hitting a pandemic peak in April, but it was well above the national rate even as payrolls rebounded by more 230,000, the state reported Friday.
Gov. Tom Wolf announces $50M in grant funding for Pa. front line workers
Governor Tom Wolf announced Thursday the availability of $50 million in grant funding to help employers provide hazard pay to employees in life-sustaining occupations during the COVID-19 pandemic.
Governor Tom Wolf announced Thursday the availability of $50 million in grant funding to help employers provide hazard pay to employees in life-sustaining occupations during the COVID-19 pandemic.
Are tips being affected by the COVID-19 pandemic?
Tips for servers have been affected by COVID-19.
Tips for servers have been affected by COVID-19.
Another 1.3 million Americans sought unemployment aid last week
The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, a historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.
The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, a historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.