Unionized hotel workers rally in Federal Plaza demanding to be rehired when economy improves

“We’ve been struggling. I am a single mother of five. I have bills to pay. I have to pay the rent, the bills are piling up. I’m looking everywhere for a job but it’s not easy because everybody is looking for a job right now,” said Former Hyatt employee, Melisa Magana.

Disneyland Resort expected to stay closed until January 2021

Disneyland Resort has announced that Disneyland and California Adventure Park will remain closed at least until January 2021 due to the ongoing coronavirus pandemic. 

709,000 seek unemployment aid as pandemic escalates

The number of people seeking unemployment benefits fell last week to 709,000, the fourth straight drop and a sign that the job market is slowly healing.

U.S. bankruptcy court approves sale of J.C. Penney

The U.S. Bankruptcy Court for the Southern District of Texas approved a purchase agreement that has substantially all of J.C. Penney’s retail and operating assets acquired by Brookfield Asset Management Inc. and Simon Property Group through a combination of cash and new term loan debt.

Royal Caribbean will look for volunteers to go on test cruises, reports say

Royal Caribbean says it will be looking for volunteers to take part in trial sailings as it completes "simulation voyages" required by the CDC to test their new safety protocols.

Less than 2 weeks remain to collect $1,200 COVID-19 stimulus check

The fast-approaching deadline, Nov. 21, is for those who have not yet received a $1,200 stimulus check but still may qualify.

Stocks surge on Wall Street amid vaccine news, US election outcome

The Dow Jones Industrial Average surged 1,500 points, or 5.4%, in early trading Monday and the S&P 500 jumped 3.7% after drugmaker Pfizer said early data show its coronavirus vaccine looks highly effective.

Trader Joe's discloses coronavirus infection rates after report highlights grocer risk

Trader Joe's has disclosed the COVID-19 infection rate among its employees, addressing rising concern over a recent survey that revealed a number of grocery store workers at a Boston market had the disease without showing symptoms.

US reports over 120K new COVID-19 cases, breaking previous single-day record, according to Johns Hopkins

The United States has recorded more than 120,000 new confirmed COVID-19 cases on Saturday, breaking the previous single-day record, and the fourth consecutive day for new cases over 100,000, according to data from Johns Hopkins University.

What the death of the 'fair tax' means for Illinoisans going forward
video

Laurence Msall, president of The Civic Federation, talks about the state's longterm financial condition now that the "fair tax" has been rejected by voters.

751,000 seek unemployment benefits as pandemic hobbles US economy

The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep cutting jobs in the face of the accelerating pandemic.

Financial implications stemming from the presidential election
video

Craig Bolanos, CEO and founding partner of Wealth Management Group, talks about how the 2020 presidential election could impact the stock market and economy moving forward.

McConnell promises COVID-19 stimulus as he maintains seat

Senate Majority Leader Mitch McConnell, R-Ky., promised that approval of a new coronavirus relief package by the end of the year can be reached as lawmakers are set to return to work following Tuesday’s elections.

Exploring the financial implications of the election
video

Craig Bolanos, CEO and founding partner of Wealth Management, evaluates the economic implications embedded in the 2020 election.

Billions in COVID-19 business loans possibly given to scammers, report says

The Office of Small Business Administration (SBA) Inspector General Michael Ware found that it may have distributed billions of dollars to fraudulent businesses claiming financial distress due to the COVID-19 pandemic, according to a report.

England faces monthlong lockdown as COVID-19 cases pass 1 million

British Prime Minister Boris Johnson has announced that the government is putting all of England under a monthlong lockdown next week after being warned that a resurgent coronavirus outbreak will overwhelm hospitals in weeks without tough action.

American unemployment claims fall to 751,000; coronavirus resurges

The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March but a figure that remains historically high and indicates the viral pandemic is still forcing many employers to cut jobs.