Second stimulus check details revealed: Who is eligible?

The GOP unveiled details for a second round of direct payments to American households on Monday, in legislation that has been dubbed the HEALS Act.

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.

Many Americans should be getting $1,200 checks in August, Treasury Secretary says

Treasury Secretary Steve Mnuchin says that many Americans will be getting another $1,200 stimulus check in August. But, he says that the GOP is determined to cut down the $600/week in extra federal unemployment benefits that millions have been getting for months.

No virus bill yet: White House, GOP at odds over jobless aid

Senate Majority Leader Mitch McConnell sent senators home, promising a Republican proposal would be ready on Monday.

The week in numbers: $600 in jobless benefits expires, a plan for 6M daily tests by December

This week saw details from a federal health organization’s efforts to ramp up coronavirus testing by December, the looming expiration of a key COVID-19 unemployment benefit made headlines, and health leaders discussed the need for states to incorporate different types of data into their coronavirus response.

US new home sales jump 13.8% in June

The Commerce Department reported Friday that the June gain pushed sales of new homes to a seasonally adjusted annual rate of 776,000. The increase follows a 19.4% jump in May.

Unemployment debit card scam hits dozens of Chicago area residents

Unrequested debit cards from KeyBank are likely a sign that a scammer requested unemployment benefits using a victim’s stolen identity, but was unable to change the forwarding address.

White House drops payroll tax cut as GOP unveils virus aid

The White House has dropped a bid to cut Social Security payroll taxes as Republicans unveil a $1 trillion COVID-19 rescue package.

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.

Comcast extends free internet services for low-income families through end of 2020

Comcast also plans to continue to waive the requirement for customers to be clear of past-due balances on their account in order to allow them to qualify for the extension.

Coronavirus prompts Country Time to offer lemonade stand stimulus checks for kids

The powdered beverage company Country Time is issuing stimulus checks to children who have had to shutter their summertime lemonade stands due to the current coronavirus pandemic.

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.

Coin shortage impacting Illinois businesses

There has been a lack of toilet paper and hand sanitizer, but now it looks like coins are also a part of the shortage.

How to stop living off credit cards

Credit card debt is one of the most pervasive forms of consumer financial debt, but there are ways to stop living off their revolving credit.