NJ law replaces expiring federal health tax with state levy

New Jersey Democratic Gov. Phil Murphy signed legislation Friday that will impose a tax on state health insurance plans after a federal levy expires and use those funds to reduce costs for residents.

Trump, GOP suggest temporary fix for $600 jobless benefit

Frustrated congressional negotiators of a massive coronavirus relief bill are facing new pressure with Thursday's brutal economic news and the approaching lapse in a $600 per-week COVID-19 jobless benefit.

Record economic plunge, bleak jobs numbers reveal virus toll

The U.S. economy shrank at a dizzying 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday.

Trump says second stimulus checks could be 'way higher' than $1,200

President Trump suggested this week the next coronavirus relief package could include a direct cash payment for American families that's potentially higher than $1,200.

4 Big Tech CEOs getting heat from Congress on competition

Four Big Tech CEOs are set to answer for their companies’ practices before Congress as a House panel caps its yearlong investigation of market dominance in the industry.

Trump dismisses virus aid for cities, lashes out at GOP

President Donald Trump is dismissing Democratic demands to include aid for cash-strapped cities in a new coronavirus relief package.

Struggling merchants, insurers battle over pandemic coverage

Restaurants, bars and other merchants struggling to stay afloat during the coronavirus pandemic are desperately reaching out for a lifeline from insurers who say they are being miscast as potential saviors.

Small Business Administration watchdog report cites ‘serious concerns’ over ‘widespread’ COVID-19 relief fraud

A report from the Office of Inspector General of the U.S. Small Business Administration details complaints of thousands of instances involving suspected fraud from financial institutions apparently receiving economic assistance from Coronavirus relief aid.

Gov. Murphy says NJ awarding $15M in CARES fund to small business

New Jersey Gov. Phil Murphy says $15 million in federal funding has been made available to small businesses struggling from the coronavirus outbreak.

Second stimulus check details revealed: Who is eligible?

The GOP unveiled details for a second round of direct payments to American households on Monday, in legislation that has been dubbed the HEALS Act.

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.

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.

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.