About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed.
U.S. equity markets surged to their best levels in months as states continued to reopen and as traders returned to the New York Stock Exchange for the first time since shutting down on March 23 to slow the spread of COVID-19.
The National Association of Realtors said Thursday that last month's decline pushed sales down to a seasonally adjusted annual rate of 4.33 million units, the slowest pace since September 2011.
Roughly 38.6 million people have now filed for jobless aid since the coronavirus forced millions of businesses to close their doors and shrink their workforces, the Labor Department said Thursday.
If you’re one of the millions of Americans making less or receiving unemployment benefits because of the coronavirus pandemic, you’re probably working to recalibrate your finances.
There is no hope for one North Texas-based retail chain while another could be thrown a lifeline by an online competitor.
Retailer JCPenney filed for Chapter 11 bankruptcy protection after the coronavirus pandemic forced stores to shut, the company announced Friday evening, joining J. Crew and Neiman Marcus.
U.S. retail sales tumbled 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened stores across the country and weighed down a sinking economy.
The unemployment rate could reach 16% or more. Twenty-one million jobs may have been lost in April.
Mortgage balances, the largest component of household debt in the U.S., jumped by $156 billion in the first quarter.
Millennials are delaying getting married, having children and buying homes because of COVID-19.
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.
Fewer than half of working-age Americans could earn a paycheck in May as the coronavirus pandemic triggers millions of job losses.
The 'Thank You Bonuses' total $120 million for the company's 116,000 U.S. frontline workers and truckers, up from the $60 million announced in early April.
Smaller businesses that need coronavirus relief will get to move to the front of the line come Wednesday.
What does Gov. Abbott's order to reopen certain Texas businesses this week mean for the people relying on the unemployment insurance to make ends meet?
More U.S. cities are capping commission fees third party delivery services charge restaurants, many of which are mom-and-pop small business owners.
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 "Get My Payment" tool can be accessed through IRS.gov
One out of every four American adults say someone in their household has lost a job to the coronavirus pandemic, but the vast majority expect those former jobs will return once the crisis passes