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.

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.

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.

Remington gun factory fires almost 600 workers after filing for bankruptcy

The Remington gun factory in Ilion, New York, has been growing smaller for years. Eight years ago, there were 1200 workers. Most recently, there were 600 union workers. Now the factory is closed.

Netflix is raising its subscription prices

While current Netflix subscribers will see the new prices roll out over the next couple weeks, new subscribers will have to pay the updated fees starting Oct. 29.

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.

Pelosi 'remains optimistic' about COVID-19 relief package before Election Day

Despite failing on Monday to come to an agreement on a coronavirus stimulus package, House Speaker Nancy Pelosi "remains optimistic" that a deal with the White House can be reached before Election Day.

Italy closes gyms, shuts eateries early amid rising COVID-19 cases

Italy’s leader has imposed at least a month of new restrictions to fight rising coronavirus infections, shutting down gyms, pools and movie theaters and putting an early curfew on cafes and restaurants.

'Bummed' Michigan man buys extra lottery ticket, wins $1 million twice

A Dearborn Heights man said he was disappointed when he mistakenly entered the same numbers twice into the lottery app had no clue he won $2 million until recently.

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.

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.

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.

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.

Illinois will soon provide Medicaid-like health care coverage to low income immigrants

Low income immigrants will be able to apply for the new health care coverage in December. They will also get retroactive benefits that will cover their health care bills from the past year. The program will cost Illinois $5 million/year.

Cook County owes $100 million-plus in property tax refunds

More than $100 million in property tax refunds is owed to thousands of Cook County residents, county Treasurer Maria Pappas says, and most have no idea they are due the money.

Layoffs continue as 840,000 seek unemployment aid

The government will provide its latest picture Thursday of the pace of layoffs in the United States, which have remained high since the viral pandemic erupted in March while federal aid for the jobless has lapsed.