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.

$15 an hour minimum wage: Biden pushes for urgent increase amid COVID-19 pandemic

During his announcement of the “American Rescue Plan,” President-elect Joe Biden pushed for the minimum wage in the United States to be raised to at least $15 an hour.

Biden unveils $1.9 trillion COVID-19 stimulus plan, including $1,400 stimulus checks

President-elect Joe Biden is unveiling a $1.9 trillion coronavirus plan aimed at speeding up the vaccine rollout and providing financial help to individuals, states and local governments and businesses.

Chicago bar giving out gift cards to individuals who get COVID-19 vaccine

The Village Tap, located in the North Center neighborhood, announced on Twitter that they will be giving out 1,000 gift cards valued at $10 each, to individuals who receive the COVID-19 vaccine.

Jobless claims jump to 965,000 as COVID-19 pandemic takes toll

The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs.

$2,000 checks: Biden to release stimulus package plan

On Monday, Biden maintained that getting money into the hands of Americans is a top priority when he takes office.

IRS and Treasury to stop sending stimulus checks this week

Legislation providing for the $600 payments, which was approved by lawmakers at the end of last month, stipulated that the departments needed to issue all payments by Friday.

10 businesses in Chicago cited for violating COVID-19 restrictions

City officials cited 10 businesses and a residence over the weekend for violating COVID-19 restrictions by allowing indoor dining or drinking.

Schumer pledges quick delivery of $2,000 stimulus checks: 'We will get that done'

Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.

Pritzker proposes federal tax decoupling to save $200M

Gov. J.B. Pritzker on Friday proposed changes in Illinois tax law that would save the state $500 million during a budget crisis.

Biden plans to extend student loan payment pause ‘on day one,’ supports forgiving $10K in debt

President-elect Joe Biden’s transition team said he plans to extend a suspension of student loan payments due to financial hardships posed by the COVID-19 pandemic on “day one,” and he also favors forgiving $10,000 in student loan debt.

US lost 140,000 jobs in December; first monthly loss since spring

U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.

$2,000 stimulus checks on the table after Dems win control of Senate

Democrats pledged to deliver $2,000 stimulus checks to Americans as soon as possible after winning control of the Senate with a pair of victories in Georgia's runoff elections.