Unemployment claims remain high at 712,000 as COVID-19 pandemic escalates
The number of Americans applying for unemployment benefits fell last week to a still-high 712,000, the latest sign that the U.S. economy and job market remain under stress from the intensified viral outbreak.
The number of Americans applying for unemployment benefits fell last week to a still-high 712,000, the latest sign that the U.S. economy and job market remain under stress from the intensified viral outbreak.
IRS admits to erroneously sending $34M in COVID-19 stimulus funds overseas
The IRS acknowledged that it was responsible for sending $34 million worth of COVID-19 stimulus checks to ineligible people living outside of the United States.
The IRS acknowledged that it was responsible for sending $34 million worth of COVID-19 stimulus checks to ineligible people living outside of the United States.
Biden: Coronavirus relief package during lame-duck period likely 'just a start'
President-elect Joe Biden added that his transition team was “already working” on additional relief measures to be proposed in the next session of Congress.
President-elect Joe Biden added that his transition team was “already working” on additional relief measures to be proposed in the next session of Congress.
McConnell says 'no reason' coronavirus relief shouldn't pass by year's end
Lawmakers have just weeks to reach terms on an agreement before Congress adjourns for the year on Dec. 21.
Lawmakers have just weeks to reach terms on an agreement before Congress adjourns for the year on Dec. 21.
Statewide mask mandates stimulate the economy, study suggests
A study from the University of Utah found that when statewide mask mandates were implemented, as opposed to mandates issued and enforced at the local level, COVID-19 cases decreased and economic activity increased.
A study from the University of Utah found that when statewide mask mandates were implemented, as opposed to mandates issued and enforced at the local level, COVID-19 cases decreased and economic activity increased.
Chicago shoppers embrace Small Business Saturday
It's Small Business Saturday, a time to celebrate and support local stores in our communities, especially those that closed down during the shutdown earlier this year.
It's Small Business Saturday, a time to celebrate and support local stores in our communities, especially those that closed down during the shutdown earlier this year.
Black Friday online sales hit record amid COVID-19 pandemic
Black Friday online sales hit a new record this year as pandemic-wary Americans filled virtual carts instead of real ones.
Black Friday online sales hit a new record this year as pandemic-wary Americans filled virtual carts instead of real ones.
Small Business Saturday more critical this holiday season amid coronavirus pandemic
Sandwiched between Black Friday and Cyber Monday is Small Business Saturday, a national initiative to shop local and break away from large box stores. However, this year shoppers will notice a few changes because of COVID-19.
Sandwiched between Black Friday and Cyber Monday is Small Business Saturday, a national initiative to shop local and break away from large box stores. However, this year shoppers will notice a few changes because of COVID-19.
Oklahoma organization offering $10K if you move to Tulsa for remote work
Tulsa Remote is an incentive program offering $10,000 to out-of-state remote workers who move to Oklahoma.
Tulsa Remote is an incentive program offering $10,000 to out-of-state remote workers who move to Oklahoma.
12 million Americans will soon lose unemployment benefits—can they expect a stimulus?
When 12 million Americans will be cut off from unemployment benefits the day after Christmas, how will they pay the bills?
When 12 million Americans will be cut off from unemployment benefits the day after Christmas, how will they pay the bills?
US jobless claims rise to 778,000 as pandemic worsens
The number of Americans applying for unemployment benefits rose last week to 778,000, evidence that the U.S. economy and job market remain under strain as coronavirus cases surge and colder weather heighten the risks.
The number of Americans applying for unemployment benefits rose last week to 778,000, evidence that the U.S. economy and job market remain under strain as coronavirus cases surge and colder weather heighten the risks.
RadioShack gets another shot, this time with e-commerce
RadioShack has been pulled from the brink of death, again. Entrepreneur investors Alex Mehr and Tai Lopez scooped up the brand this year and plan to make RadioShack competitive again — this time online.
RadioShack has been pulled from the brink of death, again. Entrepreneur investors Alex Mehr and Tai Lopez scooped up the brand this year and plan to make RadioShack competitive again — this time online.
Illinois: Fraudulent jobless claims soar during pandemic
More than 212,000 fraudulent claims for unemployment benefits have been filed since March 1, according to the Illinois Department of Employment Security.
More than 212,000 fraudulent claims for unemployment benefits have been filed since March 1, according to the Illinois Department of Employment Security.
Economists urge Congress to send out second round of $1,200 stimulus checks
A group of more than 125 economists is calling on Congress to send out more direct cash payments to American families to help them weather the coronavirus pandemic and subsequent economic downturn.
A group of more than 125 economists is calling on Congress to send out more direct cash payments to American families to help them weather the coronavirus pandemic and subsequent economic downturn.
Man leaves $3K tip for a single beer as restaurant closes due to pandemic
A customer left a $3,000 tip for a single beer as a restaurant voluntarily closed because of the COVID-19 pandemic.
A customer left a $3,000 tip for a single beer as a restaurant voluntarily closed because of the COVID-19 pandemic.
Shipping containers in South Los Angeles becoming homes for the homeless
The economic fallout from the coronavirus pandemic has led to an increasingly desperate situation for thousands of homeless people living on the streets. One organization believes it can be part of the solution — by turning shipping containers into homes.
The economic fallout from the coronavirus pandemic has led to an increasingly desperate situation for thousands of homeless people living on the streets. One organization believes it can be part of the solution — by turning shipping containers into homes.
Guitar Center files for Chapter 11 bankruptcy amid ongoing COVID-19 pandemic
Guitar Center has filed for Chapter 11 bankruptcy, citing financial hardships due to the ongoing COVID-19 pandemic.
Guitar Center has filed for Chapter 11 bankruptcy, citing financial hardships due to the ongoing COVID-19 pandemic.
Unemployment claims increase to 742,000 as COVID-19 cases surge
The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs.
The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs.
It'll be 'years' before pre-COVID tourism numbers return, cities project
Cities expect for it to take years before tourism returns to pre-pandemic levels.
Cities expect for it to take years before tourism returns to pre-pandemic levels.
Lightfoot cancels 350 layoffs tied to pandemic budget
Chicago Mayor Lori Lightfoot has canceled 350 layoffs tied to her pandemic budget.
Chicago Mayor Lori Lightfoot has canceled 350 layoffs tied to her pandemic budget.