House passes $1.9 trillion relief bill, Senate expected to vote next week
Democrats are ready to shove a $1.9 trillion COVID-19 relief package through the House on Friday.
Democrats are ready to shove a $1.9 trillion COVID-19 relief package through the House on Friday.
Highlights of the COVID-19 relief bill passed by House lawmakers
The House passed a $1.9 trillion pandemic relief package early Saturday, 219-212, that includes $1,400 checks for most Americans and billions of dollars for schools, state and local governments and businesses. Here's a look at some highlights of the legislation.
The House passed a $1.9 trillion pandemic relief package early Saturday, 219-212, that includes $1,400 checks for most Americans and billions of dollars for schools, state and local governments and businesses. Here's a look at some highlights of the legislation.
House passes $1.9 trillion pandemic relief bill on near party-line vote, sends it to Senate
The House approved a $1.9 trillion pandemic relief bill early Saturday in a win for President Joe Biden, even as top Democrats tried assuring agitated progressives that they'd revive their derailed drive to boost the minimum wage.
The House approved a $1.9 trillion pandemic relief bill early Saturday in a win for President Joe Biden, even as top Democrats tried assuring agitated progressives that they'd revive their derailed drive to boost the minimum wage.
Some families could receive up to $14,000 in Democrats' stimulus bill
Some American families could receive as much as $14,000 from the Democrats' new stimulus bill. See if you qualify, here:
Some American families could receive as much as $14,000 from the Democrats' new stimulus bill. See if you qualify, here:
House passes Equality Act, which would enshrine LGBTQ protections in US labor and civil rights laws
The Democratic-led House passed a bill Thursday that would enshrine LGBTQ protections in the nation's labor and civil rights laws, a top priority of President Joe Biden, though the legislation faces an uphill battle in the Senate.
The Democratic-led House passed a bill Thursday that would enshrine LGBTQ protections in the nation's labor and civil rights laws, a top priority of President Joe Biden, though the legislation faces an uphill battle in the Senate.
Unemployment claims drop to 730,000; pandemic keeps layoffs high
The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards.
The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards.
Republicans rally solidly against Democrats' COVID-19 relief package
Republicans are rallying solidly against Democrats’ proposed $1.9 trillion COVID-19 relief bill.
Republicans are rallying solidly against Democrats’ proposed $1.9 trillion COVID-19 relief bill.
Costco to raise minimum wage to $16 per hour, above Amazon, Target
A boost to $16 an hour starting next week puts Costco's starting wages above Target, Amazon.
A boost to $16 an hour starting next week puts Costco's starting wages above Target, Amazon.
Biden temporarily targets PPP loans to smallest and minority-owned businesses
The Biden administration is readying changes to the PPP aimed at targeting assistance to businesses that employ 20 or fewer workers and those that are minority-owned.
The Biden administration is readying changes to the PPP aimed at targeting assistance to businesses that employ 20 or fewer workers and those that are minority-owned.
US unemployment claims jump to 861,000 as layoffs stay high
The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed COVID-19 cases.
The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed COVID-19 cases.
AOC pushes back after Biden dismisses progressives' plan to cancel $50,000 in student loan debt
Rep. Alexandria Ocasio-Cortez criticized President Biden after he shot down a proposal from progressive Democrats to eliminate $50,000 in student loan debt, saying the president's arguments against acting unilaterally on the matter "just don't hold water."
Rep. Alexandria Ocasio-Cortez criticized President Biden after he shot down a proposal from progressive Democrats to eliminate $50,000 in student loan debt, saying the president's arguments against acting unilaterally on the matter "just don't hold water."
Did you get the right stimulus check amount? Why you need to know before filing your tax return
Americans who have not received their coronavirus stimulus check payments, or who received the incorrect amount, have an opportunity to claim the missing money now that the 2020 tax season is officially underway.
Americans who have not received their coronavirus stimulus check payments, or who received the incorrect amount, have an opportunity to claim the missing money now that the 2020 tax season is officially underway.
House panel advances partial COVID-19 relief bill including $1,400 stimulus checks
The panel on Thursday evening approved its $940 billion piece of Biden's proposal on a 25-18 party-line vote
The panel on Thursday evening approved its $940 billion piece of Biden's proposal on a 25-18 party-line vote
Unemployment claims dip to 793,000; layoffs remain high
Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.
Fewer Americans sought unemployment benefits last week, lowering jobless claims to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections.
Tesla invests $1.5 billion in Bitcoin, plans to accept as payment
The electric automaker said in an SEC filing Monday that it bought $1.5 billion in Bitcoin and will soon accept the digital currency as payment for cars.
The electric automaker said in an SEC filing Monday that it bought $1.5 billion in Bitcoin and will soon accept the digital currency as payment for cars.
House passes budget resolution for $1.9T coronavirus relief after Senate's marathon session
The vote was 219-209 to adopt the budget framework that the Senate approved early Friday morning thanks to a tie-breaking vote cast by Vice President Kamala Harris.
The vote was 219-209 to adopt the budget framework that the Senate approved early Friday morning thanks to a tie-breaking vote cast by Vice President Kamala Harris.
Employers added 49K jobs last month as US unemployment fell to 6.3%
U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.
U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.
Jobless claims fall to 779,000; layoffs grind on
The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.
The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.
Democrats urge Biden to cancel up to $50k in student loan debt by executive action
The resolution called on President Biden to take executive action to "administratively cancel up to $50,000 in Federal student loan debt for Federal student loan borrowers" using "existing legal authorities" under the Higher Education Act of 1965.
The resolution called on President Biden to take executive action to "administratively cancel up to $50,000 in Federal student loan debt for Federal student loan borrowers" using "existing legal authorities" under the Higher Education Act of 1965.
'I am optimistic now': Post-pandemic hiring could rebound quickly
A hopeful view is gaining steam that as vaccinations reach a critical mass, perhaps around midyear, and the government provides further stimulus, the economy and the job market will strengthen much faster than they did after previous recessions.
A hopeful view is gaining steam that as vaccinations reach a critical mass, perhaps around midyear, and the government provides further stimulus, the economy and the job market will strengthen much faster than they did after previous recessions.