Wall Street stocks rally to records on Inauguration Day 2021
U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.
U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.
IRS delays start of 2021 tax filing season to Feb. 12
The Internal Revenue Service will delay the start of tax filing season until Feb. 12, 2021, which pushes the date when the tax agency will begin accepting and processing 2020 tax year returns.
The Internal Revenue Service will delay the start of tax filing season until Feb. 12, 2021, which pushes the date when the tax agency will begin accepting and processing 2020 tax year returns.
Jobless claims jump to 965,000 as COVID-19 pandemic takes toll
The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs.
The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs.
Biden eyes child tax credit expansion among stimulus measures: Report
President-elect Joe Biden is imminently expected to outline his plans for additional stimulus measures as the U.S. battles surging COVID-19 cases.
President-elect Joe Biden is imminently expected to outline his plans for additional stimulus measures as the U.S. battles surging COVID-19 cases.
IRS and Treasury to stop sending stimulus checks this week
Legislation providing for the $600 payments, which was approved by lawmakers at the end of last month, stipulated that the departments needed to issue all payments by Friday.
Legislation providing for the $600 payments, which was approved by lawmakers at the end of last month, stipulated that the departments needed to issue all payments by Friday.
Taxes on unemployment money coming due soon, surprising many
Many California jobseekers are confused about withholding taxes on their unemployment checks, and many more report that they simply can’t afford to put aside any money when they don’t have enough to begin with.
Many California jobseekers are confused about withholding taxes on their unemployment checks, and many more report that they simply can’t afford to put aside any money when they don’t have enough to begin with.
Schumer pledges quick delivery of $2,000 stimulus checks: 'We will get that done'
Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.
Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.
Unemployment continues to hurt low-income workers amid pandemic
Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses — an unusual and harsh feature of the pandemic recession that flattened the economy last spring.
Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses — an unusual and harsh feature of the pandemic recession that flattened the economy last spring.
'Absolutely not. No': Democrat Sen. Joe Manchin balks at $2,000 stimulus checks
Sen. Joe Manchin (D-W.V.) told The Washington Post he would “absolutely not” support a bill to issue $2,000 stimulus checks.
Sen. Joe Manchin (D-W.V.) told The Washington Post he would “absolutely not” support a bill to issue $2,000 stimulus checks.
US lost 140,000 jobs in December; first monthly loss since spring
U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.
U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.
US trade deficit widens to $68.1 billion in November
The November gap between what America buys from abroad compared to what it sells abroad rose by 8% from the October deficit of $63.1 billion.
The November gap between what America buys from abroad compared to what it sells abroad rose by 8% from the October deficit of $63.1 billion.
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.
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.
US companies slash jobs for the first time since April, ADP report shows
The report showed that private employers shed 123,000 jobs last month, large companies announcing for the bulk of layoffs.
The report showed that private employers shed 123,000 jobs last month, large companies announcing for the bulk of layoffs.
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.
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.
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.
Dow, S&P 500 wrap 2020 with records, Tesla crosses $700 level
U.S. stocks wrapped a wild 2020 with a basket of records.
U.S. stocks wrapped a wild 2020 with a basket of records.
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.
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.
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.
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.
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.