Employers added 49K jobs last month as US unemployment fell to 6.3%
U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.
Jobless claims fall to 779,000; layoffs grind on
The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.
Who will receive a third stimulus check? What we know so far
Congressional Democrats are barreling ahead on passing a sprawling coronavirus relief plan without any Republican support, likely ensuring that most Americans will receive a third stimulus check.
Democrats move forward with Biden's COVID-19 relief bill
President Joe Biden told Senate Democrats on a private call Tuesday that a Republican alternative to his $1.9 trillion COVID rescue plan is insufficient as he urged lawmakers to boldly and swiftly confront the coronavirus pandemic and economic crisis.
Biden, Harris hear GOP pitch for smaller COVID-19 relief package
President Joe Biden has met with a group of Republican senators who have proposed a slimmed down $618 billion coronavirus aid package, about a third of what he's seeking.
10 GOP Senators request meeting with Biden to negotiate less-costly COVID-19 relief plan
Ten Senate Republicans wrote Biden in a letter released Sunday asking him to meet them at the negotiating table, highlighting their less-costly counterproposal.
Biden warns of growing ‘cost of inaction’ on $1.9T COVID-19 relief plan
The White House says the Biden administration is searching for “creative” ways to garner public support for the COVID relief package that has gotten a cold shoulder from Senate Republicans.
Stimulus check calculator: Confirm you received full relief payment before filing 2020 tax return
Americans can claim any missing money from their stimulus checks when they file their 2020 tax return.
Lowe's announces another $80M in employee bonuses, will hire more than 50,000 workers
Lowe's announced that it will reward all of its full-time hourly employees with $300 bonuses for their work during the COVID-19 pandemic, while part-time employees will get $150. The company also plans to hire 50,000 more workers for the spring.
Unemployment claims drop; still at 847,000 as pandemic rages on
The number of Americans applying for unemployment benefits fell to a historically high 847,000 last week, a sign that layoffs remain high as the coronavirus pandemic continues to rage.
Chicago man sold COVID-19 stimulus checks stolen from mail, feds say
A Chicago man is facing federal charges after allegedly conspiring with a postal service carrier to steal coronavirus relief checks and sell them to others.
Cicis Pizza files for bankruptcy, citing 'challenging 2020'
Cicis Pizza, known for its unlimited pizza buffet, has filed for bankruptcy according to court filings obtained by FOX Television Stations.
Terms for $1,400 stimulus checks could change, what to know
President Joe Biden on Monday said he was open to negotiating terms for a pending round of economic impact payments, which may indicate that fewer individuals would end up qualifying.
Target giving $500 pandemic bonuses to 375,000 frontline employees
Target has handed out bonuses before during the pandemic, and this latest one gives $500 to hundreds of thousands of frontline workers.
‘COVID Bandit’ leaves $1,400 tip, enough to give each bakery employee $200
A generous customer lifted the spirits of an entire Colorado bakery after leaving a tip large enough to send all seven employees home with $200.
Godiva closing all its US chocolate shops as pandemic slumps sales
Belgian chocolatier Godiva will sell or close all 128 of its North American shops within the next few months, the company said this week.
Biden signs two executive actions focused on economic relief
Joe Biden’s ambitious opening bid, his $1.9 trillion American Rescue economic package, will test the new president’s relationship with Congress and force a crucial choice between his policy vision and a desire for bipartisan unity.
Stimulus checks and your 2020 taxes: All of your questions, answered
The federal government has delivered two stimulus checks to tens of millions of Americans as part of an effort to blunt the economic pain triggered by the coronavirus pandemic, but many are wondering how the payments could affect your 2020 taxes as filing season approaches.
Unemployment claims fall to a still-high 900,000
Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a raging pandemic.
'American Rescue Plan': Here's what's in Biden's COVID-19 relief plan
President-elect Joe Biden is proposing a $1.9 trillion plan to expand coronavirus vaccinations, help individuals and jump-start the economy.