Unemployment claims fall to 787,000; layoffs still high
The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.
Lightfoot says Chicago must fund both police and communities
Mayor Lori Lightfoot said she strongly supports CPD, but the police union is wondering if that is, in fact, true.
Mayor Lightfoot announces tax increases, job cuts due to COVID-19
"It has been a very tough year,” Mayor Lightfoot said. "And yes, we seek a modest property tax increase."
Some suburban restaurants, bars to remain open indoors despite Pritzker's order to shut down
In less than 48 hours, suburban counties will be under another round of COVID restrictions, including no more indoor dining. However, some restaurants are refusing to take the order.
Coronavirus relief talks crawl ahead; McConnell is resistant
President Donald Trump’s most powerful Senate ally is pressing the White House not to move ahead on a coronavirus pandemic relief package.
Trump teases stepping in if Republicans oppose multi-trillion dollar stimulus package
President Trump hinted he might intervene if Republican senators don't support a second coronavirus stimulus package worth trillions of dollars, during an interview with Charles Benson of WTMJ4 Milwaukee on Saturday.
Even with COVID-19 coverage safety net, recovered patients hit with hefty hospital bills
COVID-19 can do more than torment patients physically. It also clobbers some financially.
Cook County dips into reserve funds, resorts to layoffs to avoid tax hike
Cook County President Toni Preckwinkle says it is been a brutal year for government budgets, and Cook County is no exception.
McConnell rejects Trump's push for 'higher' coronavirus stimulus deal
Senate Majority Leader Mitch McConnell on Thursday rejected a coronavirus relief deal that costs more than $1.8 trillion, hours after President Trump indicated he was "absolutely" willing to raise his spending offer.
Layoffs remain elevated as 898,000 seek unemployment aid
The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.
Local businesses try to compete with Amazon Prime days
“We’re doing free shipping anywhere in the U.S. on any size order showing people that we’re here, that we have quality product and that we have great deal that can compete with Amazon as well,” said Scott Friedland of Timeless Enterprises.
Judge blocks Wisconsin indoor capacity limits
As COVID-19 continues to spread out of control in Wisconsin, a judge there has struck down the governor’s order limiting the number of people in bars and restaurants.
Wells Fargo fires over 100 employees over improperly obtained COVID-19 aid money
According to an internal memo from the company, Wells Fargo employees allegedly “defrauded the U.S. Small Business Administration (SBA)” in order to obtain coronavirus relief funds.
Cruise ships being dismantled and scrapped for parts, photos show
As the coronavirus pandemic continues to have a devastating effect on the travel industry, major cruise lines are scrapping their ships in an effort to stay afloat.
Social Security checks will increase 1.3% in 2021
Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus and its consequences for older people.
H&M to close 350 stores in 2021, citing increase in online shopping
Citing an increase in online shopping because of the coronavirus pandemic, H&M will close 250 stores in 2021.
California judge rules inmates owed $1,200 coronavirus stimulus payments
California is seeking to ensure that residents receive their $1,200 economic impact payments – even if they are incarcerated.
Seniors for Biden increase, citing Trump's handling of COVID-19 pandemic
Aides say President Donald Trump's campaign has seen an alarming drop in support among older adults in its internal research.
Biden hits Trump on economic fallout amid COVID-19 pandemic in critical Pennsylvania county
Democratic presidential candidate Joe Biden is blistering President Donald Trump as only pretending to care about the working-class voters who helped flip the Rust Belt to the Republican column four years ago.
'One step forward, two steps back': Pelosi dismisses latest White House COVID-19 aid offer
House Speaker Nancy Pelosi is dismissing the latest White House offer in COVID-19 aid talks as “one step forward, two steps back.”