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COVID-19 and the Economy

What you need to know about the COVID-19 pandemic's effects on America's economy, and what it means for your finances.

US unemployment claims drop by 14,000 to 385,000

US unemployment claims drop by 14,000 to 385,000

The number of Americans seeking unemployment benefits fell last week to 385,000. The applications have mostly fallen steadily since early January.

August 5, 2021 7:43am CDT
Senate unveils $1T bipartisan infrastructure bill after weekend session

Senate unveils $1T bipartisan infrastructure bill after weekend session

Senators unveiled a nearly $1 trillion bipartisan infrastructure package, made up of some 2,700 pages following a rare weekend session.

August 2, 2021 1:23pm CDT
US unemployment claims down 24,000 to 400,000 as economy recovers

US unemployment claims down 24,000 to 400,000 as economy recovers

U.S. unemployment claims dropped by 24,000 to 400,000 last week in another sign that the job market is recovering from the coronavirus recession.

July 29, 2021 8:06am CDT
US unemployment claims rise to 419,000 from a pandemic low

US unemployment claims rise to 419,000 from a pandemic low

The number of jobless claims increased last week to 419,000, the most in two months, from a pandemic low of 368,000 during the previous week.

July 22, 2021 1:56pm CDT
IRS stimulus checks: Petition for additional $2,000 monthly payments nears 3 million

IRS stimulus checks: Petition for additional $2,000 monthly payments nears 3 million

A Change.org petition calling on Congress to send additional $2,000 monthly economic stimulus checks to U.S. families is nearing its goal of three million signatures.

July 22, 2021 11:05am CDT
Study: J&J COVID-19 vaccine significantly less effective against delta variant

Study: J&J COVID-19 vaccine significantly less effective against delta variant

Study authors found that while the two-dose vaccines were 94-95% effective in preventing COVID-19 from the delta and lambda variants, the Johnson & Johnson vaccine had only 66.9% efficacy “in preventing moderate to severe disease.”

July 20, 2021 5:09pm CDT
American Airlines ships millions of COVID-19 vaccines from Chicago to Guatemala

American Airlines ships millions of COVID-19 vaccines from Chicago to Guatemala

Millions of doses of the Moderna vaccine are headed to Guatemala today, compliments of the U.S. government.

July 20, 2021 11:37am CDT
Chicago-area school districts mull over requiring masks for students ahead of fall semester

Chicago-area school districts mull over requiring masks for students ahead of fall semester

School districts all over the state are making back-to-school health and safety policies for in-person learning.

July 20, 2021 7:25am CDT
Stocks plunge over delta variant fears; Biden seeks to reassure over economy

Stocks plunge over delta variant fears; Biden seeks to reassure over economy

Fears of the spreading delta variant of the coronavirus prompted a slide in stocks on Monday. Airlines, hotels, cruise ships, and other tourism-based companies had some of the biggest stock losses.

July 19, 2021 10:00pm CDT
Southport Lanes auction: Everything inside iconic Chicago bar up for sale

Southport Lanes auction: Everything inside iconic Chicago bar up for sale

They may just be some old battered bowling pins, but they are also a part of Chicago history that is coming to a close.

July 19, 2021 4:54pm CDT
Economic recovery from pandemic will have ups and downs, Biden says

Economic recovery from pandemic will have ups and downs, Biden says

Amid rising consumer costs as the US rebounds from the COVID-19 pandemic, President Biden assured Americans Monday that the inflation is short-term.

July 19, 2021 11:52am CDT
American unemployment claims fall to 360,000, another pandemic low

American unemployment claims fall to 360,000, another pandemic low

The United States set another pandemic low in this week's jobs report, showing only 360,000 first-time filers for unemployment.

July 15, 2021 2:06pm CDT
Americans' tipping habits didn't improve during pandemic, poll finds

Americans' tipping habits didn't improve during pandemic, poll finds

A survey of U.S. adults found that tipping habits did not improve during the COVID-19 pandemic, despite a boom in the food delivery service industry.

July 13, 2021 7:49am CDT
Kane and McHenry county courthouses lifting COVID-19 restrictions

Kane and McHenry county courthouses lifting COVID-19 restrictions

People who are fully vaccinated do not need to wear masks or follow social distancing at Kane and McHenry county courthouses as of Monday.

July 12, 2021 10:13am CDT
'Sundays on State' kicks off in downtown Chicago

'Sundays on State' kicks off in downtown Chicago

It was a day full of arts, entertainment, food and many other attractions.

July 11, 2021 10:16pm CDT
Chicago's top Italian restaurant Spiaggia closing after 37 years

Chicago's top Italian restaurant Spiaggia closing after 37 years

Chicago’s top Italian restaurant, Spiaggia, announced Friday they are permanently closing after 37 years.

July 9, 2021 4:15pm CDT
US unemployment claims tick up to 373,000 from a pandemic low

US unemployment claims tick up to 373,000 from a pandemic low

U.S. unemployment claims rose slightly last week by 2,000 to a total of 373,000, even as the economy and the job market appear to be rebounding.

July 8, 2021 8:08am CDT
Southport Lanes won't reopen after all; owners to auction off memorabilia

Southport Lanes won't reopen after all; owners to auction off memorabilia

A nearly century-old Lakeview bowling spot is officially closing for good, but you can still purchase a piece of its history

July 7, 2021 4:40pm CDT
'Prices are going up' apartment rental trends post pandemic
video

'Prices are going up' apartment rental trends post pandemic

July 7, 2021 9:39am CDT
June jobs report: US adds 850,000 jobs as economy extends its gains

June jobs report: US adds 850,000 jobs as economy extends its gains

U.S. employers added 850,000 jobs in June 2021, well above the average of the previous three months, the Labor Department said.

July 2, 2021 11:33am CDT
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Chicago man charged in armed robbery on South Side

Chicago man charged in armed robbery on South Side

First snow of La Niña winter blasts millions in mid-Atlantic, unleashing hazardous travel conditions

First snow of La Niña winter blasts millions in mid-Atlantic, unleashing hazardous travel conditions

Man riding in vehicle shot in Chicago's Gresham neighborhood, police say

Man riding in vehicle shot in Chicago, police say

Celebrity deaths of 2025: Who we’ve lost this year

Celebrity deaths of 2025: Who we’ve lost this year

Two hospitalized after crash on Chicago's South Side

Two hospitalized after crash on Chicago's South Side

Trending

‘They beat me’: Chicago mother says 6-year-old brutally bullied as school withholds video

‘They beat me’: Chicago mother says 6-year-old brutally bullied as school withholds video

7 charged in Chicago grocery store parking lot drug sales investigation, sheriff says

7 charged in Chicago grocery store parking lot drug sales investigation, sheriff says

Chicago man charged with murder months after deadly shooting

Chicago man charged with murder months after deadly shooting

Man shot while walking in Chicago, police say

Man shot while walking in Chicago, police say

Romeca Blackmon murder: Woman charged in killing ordered to remain in custody

Romeca Blackmon murder: Woman charged in killing ordered to remain in custody

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