Lowe's shelling out $100M in coronavirus bonuses to hourly workers
Lowe's said the total amount it is spending on this round of bonuses is about $100 million, pushing its total investment in coronavirus relief funding for associates to approximately $500 million.
Record economic plunge, bleak jobs numbers reveal virus toll
The U.S. economy shrank at a dizzying 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday.
Dunkin' to permanently close 800 US stores in 2020, 8% of US restaurants
Closures include 450 locations in Speedway gas stations that had previously been announced
US is expected to report a record-breaking economic plunge
Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about the likelihood of any sustained recovery the rest of the year.
Democrats, GOP far apart on coronavirus aid; Trump wants a deal
“We want to do what’s best for the people,” President Trump said at the White House.
More payments, extended benefits: Inside the GOP's COVID stimulus proposal
The framework is expected to extend — but reduce substantially — just-expired expanded unemployment benefits, send a fresh round of $1,200 stimulus check to American adults earning less than $75,000 in August and funnel tens of billions of dollars in aid to schools and universities.
$600 weekly unemployment benefit ends, but will it be extended? Here’s what you need to know
The $600 weekly boost in jobless aid that millions of people have received since early in the pandemic is set to expire.
Business economists sketch a more hopeful outlook
In the past three months, the outlook for the U.S. economy has improved in the eyes of business economists. However, the optimism is couched somewhat by the resurgence of the coronavirus.
Poll: Nearly half say job lost to coronavirus won't return
Nearly half of Americans whose families experienced a layoff during the coronavirus pandemic believe those jobs are lost forever.
Jobless claims rise as cutoff of extra $600 benefit nears
The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, evidence of the deepening economic pain the outbreak is causing to the economy.
Ann Taylor, Lane Bryant owner files for bankruptcy protection, will close some stores
Ascena Retail Group, the parent company of Lane Bryant, Ann Taylor and Justice, announced Thursday that it has filed for Chapter 11 bankruptcy protection after its business was "severely disrupted by the COVID-19 pandemic."
Attention job seekers: Get a free professional headshot on Wednesday
If you're among those looking for work and need fresh headshots, here's your chance to get them done for free.
Beloved Wrigleyville bar closing for good due to Chicago's new COVID restrictions
Hundreds of people tried jamming into Guthrie’s Tavern in Wrigleyville Tuesday night after the bar announced it is permanently closing on Thursday because of the city’s new COVID restrictions.
Remote jobs during coronavirus hiring for six-figure salaries now
Remote job roles in engineering, communications and marketing are hiring at these companies during the COVID-19 pandemic.
Top Republicans meet with Trump to negotiate next coronavirus stimulus package
Top Republicans in Congress met Monday with President Donald Trump at the White House on the next COVID-19 aid package as the crisis many hoped would have improved has dramatically worsened, just as emergency relief is expiring.
Illinois programs to get $7 million in federal COVID-19 relief
More than $7 million in federal funding will be going to organizations to help Illinois communities hardest hit by the COVID-19 pandemic, state officials said.
Coin shortage prompts bank to pay you for spare change: ‘It has never happened before’
Do you have a jar of coins in your house? Maybe you have been saving for a special occasion? Well, a local bank says they will pay you for what’s inside that jar — plus interest!
Stress rises for unemployed as extra $600 benefit nears end
A major source of income for roughly 30 million unemployed people is set to end, threatening their ability to meet rent and pay bills and potentially undercutting the fragile economic recovery.
Feinstein: No stimulus money to states that don't mandate the wearing of masks
Feinstein wants to amend the next COVID relief bill to that states that don’t enforce face coverings can’t receive stimulus money.
Michigan Congresswomen pushing to extend federal unemployment benefits amid COVID-19
Some U.S. Representatives from Michigan are efforting to move a COVID-19 federal unemployment benefits extension through Washington amid the expiration later this month.