The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March but a figure that remains historically high and indicates the viral pandemic is still forcing many employers to cut jobs.
The U.S. economy grew at a 33.1% annual rate in the July-September quarter — by far the largest quarterly gain on record — rebounding from an epic plunge in the spring.
Despite failing on Monday to come to an agreement on a coronavirus stimulus package, House Speaker Nancy Pelosi "remains optimistic" that a deal with the White House can be reached before Election Day.
The stock market had its worst day in a month as virus cases surge and help for the economy from Washington remains nowhere in sight.
About half of U.S. states have seen their highest daily coronavirus infection numbers so far at some point in October, and the country as a whole came very close to back-to-back record daily infection rates on Friday and Saturday.
Here are answers to some common questions about personal finance during the coronavirus pandemic.
The past year has been a struggle for any business to survive with one of the hardest-hit industries being restaurants.
Gap joins other clothing retailers in trying to reinvent themselves during the COVID-19 pandemic.
The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.
President Donald Trump’s most powerful Senate ally is pressing the White House not to move ahead on a coronavirus pandemic relief package.
COVID-19 can do more than torment patients physically. It also clobbers some financially.
Seven months into the pandemic, the hospitality industry continues to be hit hard. With a decline in occupancy, some hotels are facing some tough decisions.
Minnesota has its lowest labor force participation rate in at least a decade, as tens of thousands of people apparently stopped looking for work in September.
The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.
A popular dining spot in Robbinsdale is changing ownership as the business faces financial hardships in the face of the COVID-19 pandemic.
Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus and its consequences for older people.
House Speaker Nancy Pelosi is dismissing the latest White House offer in COVID-19 aid talks as “one step forward, two steps back.”
A Texas man has been accused of stealing $17 million in COVID-19 relief funds and spending the money on luxury cars and houses.
The government will provide its latest picture Thursday of the pace of layoffs in the United States, which have remained high since the viral pandemic erupted in March while federal aid for the jobless has lapsed.
The head of the IRS, on the defensive over millions of Americans in danger of missing coronavirus relief payments, says the agency is reaching out to low-income and homeless people, military personnel and veterans and those with limited English to notify them they may be eligible.