Second stimulus checks, student loans and more: FAQ during coronavirus
Here are answers to some common questions about personal finance during the coronavirus pandemic.
Unemployment claims fall to 787,000; layoffs still high
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.
Coronavirus relief talks crawl ahead; McConnell is resistant
President Donald Trump’s most powerful Senate ally is pressing the White House not to move ahead on a coronavirus pandemic relief package.
McConnell says any Pelosi-Mnuchin COVID-19 stimulus deal would get Senate vote
Senate Majority Leader Mitch McConnell said he'll schedule a vote if House Speaker Nancy Pelosi and the Trump administration are able to seal an agreement on a huge COVID-19 relief bill.
Trump teases stepping in if Republicans oppose multi-trillion dollar stimulus package
President Trump hinted he might intervene if Republican senators don't support a second coronavirus stimulus package worth trillions of dollars, during an interview with Charles Benson of WTMJ4 Milwaukee on Saturday.
Even with COVID-19 coverage safety net, recovered patients hit with hefty hospital bills
COVID-19 can do more than torment patients physically. It also clobbers some financially.
Minnesota reports lowest labor force participation in a decade
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.
Layoffs remain elevated as 898,000 seek unemployment aid
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.
2 Americans awarded Nobel Prize in economics
Americans Paul R. Milgrom and Robert B. Wilson have won the Nobel Prize in economics for “improvements to auction theory and inventions of new auction formats.”
'One step forward, two steps back': Pelosi dismisses latest White House COVID-19 aid offer
House Speaker Nancy Pelosi is dismissing the latest White House offer in COVID-19 aid talks as “one step forward, two steps back.”
White House boosts offer in COVID-19 aid talks
The White House is boosting its offer in up-and-down COVID-19 aid talks Friday in hopes of an agreement before Election Day.
Layoffs continue as 840,000 seek unemployment aid
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.
IRS reaching out to millions who have not claimed $1,200 stimulus check
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.
Trump says he'd sign off on specific coronavirus relief measures after halting talks
President Trump on Tuesday said he would sign off on specific coronavirus relief measures aimed at helping the airlines and small businesses.
Fed chair warns lack of further COVID-19 stimulus imperils economic recovery
Federal Reserve Chair Jerome Powell warned that a recovery from the COVID-19 pandemic recession could falter unless the federal government supplies additional stimulus relief.
Trump halts COVID-19 stimulus talks until after election
President Donald Trump says he has instructed aides to stop negotiating on another round of COVID-19 relief until after the election.
Nearly 116,000 Minnesotans may have unclaimed $1,200 stimulus checks
Nearly 116,000 Minnesotans have yet to collect their $1,200 stimulus checks, according to state officials.
Hiring slows for 3rd month; US unemployment rate falls to 7.9%
America’s employers added 661,000 jobs in September, the third straight month of slower hiring and evidence from the final jobs report before the presidential election that the economic recovery has weakened.
Stock futures plunge after Trump confirms he has coronavirus
U.S. equity futures plunged by more than 1.6%, or 500 Dow points after President Trump confirmed through a tweet that he and the first lady tested positive for coronavirus.
Layoffs remain high as 837,000 seek unemployment aid
The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.