The number of people seeking U.S. unemployment aid rose slightly last week to 870,000.
U.S. equity markets were sharply lower Monday as investors weighed the possibility of more coronavirus shutdowns in Europe and uncertainty surrounding the U.S. election.
On Friday, the IRS announced that it will mail letters to people who did not file a return for either 2018 or 2019, but still may qualify for an Economic Impact Payment.
On a normal Vikings game day in Minneapolis, more than 70,000 people would pack U.S. Bank Stadium to cheer on the purple and gold, but this Sunday was anything but normal.
The number of Americans applying for jobless aid was unchanged last week at 884,000.
The U.S. unemployment rate fell sharply in August to 8.4% from 10.2% even as hiring slowed in August as employers added the fewest jobs since the pandemic began.
St. Paul’s mayor announced a new pilot program that will provide families in the city with $500 per month in guaranteed income for a period of up to 18 months.
The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week.
The coronavirus pandemic has brought hard times for many farmers and has imperiled food security for many millions both in the cities and the countryside.
Surly Beer Hall staff members formed a union Monday, citing safety concerns amid the pandemic.
Small business owners in college towns across the U.S. are hoping for the best when students return — and bracing for the worst.
Just over 1 million Americans applied for unemployment benefits last week, a sign that the coronavirus outbreak continues to threaten jobs even as the housing market, auto sales and other segments of the economy rebound from a springtime collapse.
With White House officials and top Democrats at a weeks-long impasse over another coronavirus relief package, Senate Republicans are preparing to unveil their own new proposal — a pared-down version of a previous bill that notably does not include a fresh round of stimulus checks.
The coronavirus recession struck swiftly and violently. Now, with the economy still in the grip of the pandemic five months later, the recovery looks fitful and uneven — and painfully slow.
Minnesota’s unemployment rate fell to 7.7 percent in July, down from 8.6 percent in June and a record-high 9.9 percent in May.
The gains of the past three months have now restored retail purchases to their levels before they plunged in March and April when the pandemic shuttered businesses and paralyzed the economy.
The number of Americans applying for unemployment benefits fell below 1 million last week for the first time since the coronavirus pandemic started in mid-March.
Americans counting on emergency coronavirus aid from Washington may have to wait until fall.
The uptick was about twice what economists expected. But inflation remains in check: Consumer prices are up just 1% over the past year.
The fate of a second stimulus check was thrown into uncertainty last week when White House officials and Democratic leaders missed a self-imposed deadline to cut a deal on another round of emergency coronavirus aid.