Jobless claims slip to still-high 787,000 in the US

The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months.

Some stimulus payments delayed for H&R Block customers

If you went to the IRS stimulus tracking website and saw a bank account number that wasn't yours, H&R Block says don't worry. You're not alone. 

Biden's pick to lead Treasury made $7M+ in speaking fees

Janet Yellen collected millions in speaking fees over the past two years from major financial firms and tech giants, according to disclosure forms filed as part of her nomination.

Unemployment benefit claims unexpectedly fall as coronavirus lockdowns widen

The number of Americans filing for first-time unemployment benefits fell last week amid a rise in COVID-19 infections and new restrictions aimed at slowing the spread of the disease.

Student loan forgiveness: How it might unfold and who might benefit

Federal lawmakers have a plan to cancel student loan debt. And if they can’t get it passed in Congress, they say President-elect Biden could do it on his own through executive order.

McConnell blocks immediate Democratic push for $2,000 stimulus checks

Senate Majority Leader Mitch McConnell on Tuesday blocked Democrats' push to immediately bring President Donald Trump's demand for bigger $2,000 COVID-19 relief checks up for a vote.

Austin program gives people impacted by COVID-19 temporary work

The Austin Civilian Conservation Corps was formed this year by the city in an effort to help people get back to work and back on their feet.

Unemployment benefits to be delayed by Trump's late signing of COVID-19 relief bill

The $900 billion economic relief package that President Donald Trump signed over the weekend will deliver vital aid to millions of struggling households and businesses.

McConnell praises Trump for signing COVID-19, government funding bills

Senate Majority Leader Mitch McConnell praised President Trump late Sunday for signing a $900 billion pandemic package and a $1.4 trillion government funding bill to avert a government shutdown.

'It does break my heart a little bit': A bleak Christmas for America's unemployed

Millions of Americans have been jobless since the viral pandemic ripped through the U.S. economy in March, triggering a deep recession and causing widespread unemployment.

House Dems will try to pass $2,000 stimulus checks this week after Trump signals support

House Democrats are planning to force a vote this week on increasing the size of the stimulus checks included in the $900 billion coronavirus relief package after President Trump demanded Congress raise the payments from $600 to $2,000 per adult.

Layoffs remain elevated as 803,000 seek unemployment aid

The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs.

Trump asks Congress to amend $900B COVID-19 relief bill, increase stimulus checks to $2,000

The bill that was passed by Congress establishes a temporary $300 per week supplemental jobless benefit and a $600 direct stimulus payment to most Americans, but President Donald Trump said he wants lawmakers to increase the check amounts to $2,000 per person or $4,000 for married couples.

US jobless claims rise to 885,000 amid resurgence of coronavirus

The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy’s recovery.

Unemployment claims jump to 853,000 amid resurgence of COVID-19

The number of people applying for unemployment aid jumped last week to 853,000, the most since September, evidence that some companies are cutting more jobs as new virus cases spiral higher.

DoorDash delivers 86% gain in stock market debut

What’s not yet clear is whether DoorDash can keep the momentum going even if delivery demand eases in a post-pandemic world.