The U.S. Roman Catholic Church used a special and unprecedented exemption from federal rules to amass at least $1.4 billion in taxpayer-backed coronavirus aid.
Another 1.3 million workers sought unemployment last week, according to the Department of Labor.
Kansas City Chiefs quarterback Patrick Mahomes signed a massive contract extension this week, which means – even after taxes – he stands to earn a lot of money.
Speaking at the White House during an interview, President Donald Trump said Tuesday that Americans can look forward to another round of stimulus checks before the end of the year.
The government on Monday identified roughly 650,000 mostly small businesses and nonprofits that received taxpayer money through a federal program that was designed to soften job losses from the coronavirus but also benefited wealthy, well-connected companies and some celebrity owned firms.
As a recent coronavirus resurgence threatens to derail the U.S. economy's gradual recovery from the worst downturn since the Great Depression, the spike in cases has put added pressure on Congress to pass another round of fiscal aid.
While the jobless rate was down from 13.3% in May, it is still at a Depression-era level. And the data was gathered during the second week of June, just before a number of states began to reverse or suspend the reopenings of their economies to try to beat back the virus.
The confidence index was at a high of 132.6 in February 2020 before falling sharply in March and April.
On July 1, 2020, the minimum wage in Minneapolis will be raised to $11.75 at small businesses and $13.25 at large businesses.
Having a financial plan can help when the clock is counting down on unemployment.
Financial experts warn that many couples could be making a big mistake by not tying the knot.
Millions of Americans’ financial information was compromised in an Equifax data breach in 2017.
IRS permits more Americans to tap retirement accounts without penalty.
Minnesota's unemployment rate was 9.9 percent in May, which is the highest rate ever recorded int he state.
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
An unexpectedly strong jobs report makes it appear unlikely that Americans will see a new coronavirus aid bill -- or a second IRS stimulus check.
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.
The report gives credence to the building optimism among stock investors that the economy can recover relatively quickly from its current hole.
The Federal Trade Commission (FTC) is warning of a “large-scale scam erupting in the midst of the coronavirus pandemic” involving impostors who are filing claims for unemployment benefits using the personal information of people who have not filed any claims.
The Dow Jones Industrial Average fell 148 points, or 0.58 percent, while the S&P 500 slipped 0.21 percent.