Walmart to give hourly employees another round of cash bonuses amid COVID-19 pandemic
The bonus will be $300 for full-time hourly associates and $150 for part-time hourly and temporary associates, the company said.
The bonus will be $300 for full-time hourly associates and $150 for part-time hourly and temporary associates, the company said.
Trump says Americans could see a second round of stimulus payments: 'We're talking about that'
President Trump said Monday his administration is considering a second round of coronavirus stimulus payments.
President Trump said Monday his administration is considering a second round of coronavirus stimulus payments.
Distinct possibility: ‘Temporary’ layoffs may be permanent
Call it realism or pessimism, but more employers are coming to a reluctant conclusion: Many of the employees they’ve had to lay off in the face of the coronavirus pandemic might not be returning to their old jobs anytime soon.
Call it realism or pessimism, but more employers are coming to a reluctant conclusion: Many of the employees they’ve had to lay off in the face of the coronavirus pandemic might not be returning to their old jobs anytime soon.
Unemployment 'could be' nearing Great Depression levels: Mnuchin
More than a decade of job gains were erased in April; the stunning job losses are more than double what the U.S. saw during the 2008 financial crisis.
More than a decade of job gains were erased in April; the stunning job losses are more than double what the U.S. saw during the 2008 financial crisis.
'I hope for more work:' Undocumented immigrants thrilled to find jobs amid pandemic
"I'm very happy that I found work," Jose said in Spanish through a translator. "I now have money to send to my family. This is very important."
"I'm very happy that I found work," Jose said in Spanish through a translator. "I now have money to send to my family. This is very important."
Jobless rate spikes to 14.7%, highest since Great Depression
The unemployment rate could reach 16% or more. Twenty-one million jobs may have been lost in April.
The unemployment rate could reach 16% or more. Twenty-one million jobs may have been lost in April.
Bernie Sanders, Kamala Harris and Ed Markey propose $2,000 monthly payments to Americans during pandemic
The Democratic senators introduced a bill to give $2,000 a month to many Americans during the coronavirus pandemic.
The Democratic senators introduced a bill to give $2,000 a month to many Americans during the coronavirus pandemic.
3 new tax credits offered to businesses impacted by coronavirus pandemic
The employee retention credit is designed to encourage businesses to keep employees on their payroll, the IRS says.
The employee retention credit is designed to encourage businesses to keep employees on their payroll, the IRS says.
Nearly 3.2 million more workers seek jobless aid
Roughly 33.5 million people have now filed for jobless aid in the seven weeks since the coronavirus began forcing millions of companies to close their doors and slash their workforces.
Roughly 33.5 million people have now filed for jobless aid in the seven weeks since the coronavirus began forcing millions of companies to close their doors and slash their workforces.
Don’t have a stimulus check? Here’s why that might be and what to do about it
The federal government began issuing coronavirus relief stimulus payments to individuals and families weeks ago but so far millions still have not received checks or direct deposits. Here are several possible explanations for why that could be.
The federal government began issuing coronavirus relief stimulus payments to individuals and families weeks ago but so far millions still have not received checks or direct deposits. Here are several possible explanations for why that could be.
J.Crew files for Chap. 11 bankruptcy as pandemic smothers retail
The owner of J.Crew is filing for Chapter 11 bankruptcy, two months after the first person in New York tested positive for COVID-19.
The owner of J.Crew is filing for Chapter 11 bankruptcy, two months after the first person in New York tested positive for COVID-19.
Andrew Yang calls for $2,000 a month for Americans during pandemic
“The first thing we need to do is put money in people’s hands so we can weather this crisis.”
“The first thing we need to do is put money in people’s hands so we can weather this crisis.”
US jobless claims soar past 30 million as 3.8 million more workers seek aid
More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.
More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.
Half of working-age Americans might not have a paycheck in May as layoffs surge
Fewer than half of working-age Americans could earn a paycheck in May as the coronavirus pandemic triggers millions of job losses.
Fewer than half of working-age Americans could earn a paycheck in May as the coronavirus pandemic triggers millions of job losses.
Stocks wrap best month since 1987 as coronavirus recovery continues
The S&P and the Dow Jones Industrial Average wrapped the best month since 1987 despite sliding on Thursday as total job losses related to the coronavirus shutdown topped 30 million.
The S&P and the Dow Jones Industrial Average wrapped the best month since 1987 despite sliding on Thursday as total job losses related to the coronavirus shutdown topped 30 million.
Americans’ retirement accounts dropped during coronavirus — here’s how much the average account has now
Average IRA balance dropped 14% from last quarter.
Average IRA balance dropped 14% from last quarter.
Indiana sees 57,000 more seek jobless aid amid coronavirus cuts
Federal statistics released Thursday show Indiana has had nearly 570,000 people seek jobless aid over the past six weeks
Federal statistics released Thursday show Indiana has had nearly 570,000 people seek jobless aid over the past six weeks
Smallest businesses get a few hours at head of loan line
Smaller businesses that need coronavirus relief will get to move to the front of the line come Wednesday.
Smaller businesses that need coronavirus relief will get to move to the front of the line come Wednesday.
US economy shrank at 4.8% rate last quarter as coronavirus struck
The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.
The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.
Lawsuit: US citizens with immigrant spouses should get help
The Mexican American Legal Defense and Educational Fund has sued the federal government over its denial of coronavirus relief payments to U.S. citizens who are married to immigrants without social security numbers.
The Mexican American Legal Defense and Educational Fund has sued the federal government over its denial of coronavirus relief payments to U.S. citizens who are married to immigrants without social security numbers.