White House pushes compromise on post office funding, stimulus checks

White House pushes compromise on post office funding, stimulus checks

Chief of Staff Meadows signals Trump would sign bill with stimulus checks, liability protection for small businesses, PPP extension and post office funding.

Chief of Staff Meadows signals Trump would sign bill with stimulus checks, liability protection for small businesses, PPP extension and post office funding.

US retail sales rise for 3rd month amid COVID-19 pandemic but slowdown expected

US retail sales rise for 3rd month amid COVID-19 pandemic but slowdown expected

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 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.

Consumer prices in the US rose 0.6% in July, matching June uptick

Consumer prices in the US rose 0.6% in July, matching June uptick

The uptick was about twice what economists expected. But inflation remains in check: Consumer prices are up just 1% over the past year.

The uptick was about twice what economists expected. But inflation remains in check: Consumer prices are up just 1% over the past year.

Will Americans get a second $1,200 stimulus check? What we know

Will Americans get a second $1,200 stimulus check? What we know

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.

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.

Amazon reportedly looking to transform shuttered JCPenney, Sears stores into fulfillment centers

Amazon reportedly looking to transform shuttered JCPenney, Sears stores into fulfillment centers

Amazon, celebrating the boom in e-commerce, is in discussions with Simon Property Group, the largest U.S. mall owner by number of malls with 204 properties, the Journal reported, citing people familiar with the matter.

Amazon, celebrating the boom in e-commerce, is in discussions with Simon Property Group, the largest U.S. mall owner by number of malls with 204 properties, the Journal reported, citing people familiar with the matter.

US adds 1.8 million jobs in July, a dip from previous months

US adds 1.8 million jobs in July, a dip from previous months

The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is stalling hiring and slowing an economic rebound.

The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is stalling hiring and slowing an economic rebound.

Laid-off workers endure loss of $600 federal aid amid COVID-19 pandemic

Laid-off workers endure loss of $600 federal aid amid COVID-19 pandemic

Around the country, across industries and occupations, millions of Americans thrown out of work because of the coronavirus are straining to afford the basics now that an extra $600 a week in federal unemployment benefits has expired.

Around the country, across industries and occupations, millions of Americans thrown out of work because of the coronavirus are straining to afford the basics now that an extra $600 a week in federal unemployment benefits has expired.

1.2 million seek jobless aid after $600 federal check ends

1.2 million seek jobless aid after $600 federal check ends

Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired.

Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired.

Wave of evictions expected as moratoriums end in many states

Wave of evictions expected as moratoriums end in many states

Housing advocates fear that they could see a wave of evictions in the coming months, as states end moratoriums put in place during the coronavirus pandemic.

Housing advocates fear that they could see a wave of evictions in the coming months, as states end moratoriums put in place during the coronavirus pandemic.

US manufacturing improves in July, outlook clouded by coronavirus

US manufacturing improves in July, outlook clouded by coronavirus

The Institute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index rose to 54.2 last month, up from a June reading of 52.6. Any reading above 50 signals that U.S. manufacturing is expanding.

The Institute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index rose to 54.2 last month, up from a June reading of 52.6. Any reading above 50 signals that U.S. manufacturing is expanding.

Minnesota facing $4.7 billion shortfall for fiscal years 2022-23

Minnesota facing $4.7 billion shortfall for fiscal years 2022-23

Minnesota is facing $4.7 billion shortfall in fiscal years 2022-23, according to a monthly revenue report from Minnesota Management and Budget.

Minnesota is facing $4.7 billion shortfall in fiscal years 2022-23, according to a monthly revenue report from Minnesota Management and Budget.

Record economic plunge, bleak jobs numbers reveal virus toll

Record economic plunge, bleak jobs numbers reveal virus toll

The U.S. economy shrank at a dizzying 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday.

The U.S. economy shrank at a dizzying 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday.

Struggling merchants, insurers battle over pandemic coverage

Struggling merchants, insurers battle over pandemic coverage

Restaurants, bars and other merchants struggling to stay afloat during the coronavirus pandemic are desperately reaching out for a lifeline from insurers who say they are being miscast as potential saviors.

Restaurants, bars and other merchants struggling to stay afloat during the coronavirus pandemic are desperately reaching out for a lifeline from insurers who say they are being miscast as potential saviors.

Second stimulus check details revealed: Who is eligible?

Second stimulus check details revealed: Who is eligible?

The GOP unveiled details for a second round of direct payments to American households on Monday, in legislation that has been dubbed the HEALS Act.

The GOP unveiled details for a second round of direct payments to American households on Monday, in legislation that has been dubbed the HEALS Act.

Minnesotans worry as weekly $600 unemployment benefit runs out

Minnesotans worry as weekly $600 unemployment benefit runs out

For the last few months, the federal government has been giving people who lost their jobs because of the pandemic an extra $600 a week in unemployment benefits. Now, hundreds of thousands of Minnesotans are on the edge of a financial cliff as those extra benefits run out.

For the last few months, the federal government has been giving people who lost their jobs because of the pandemic an extra $600 a week in unemployment benefits. Now, hundreds of thousands of Minnesotans are on the edge of a financial cliff as those extra benefits run out.

$1,200 checks, unemployment benefits: What's in the next coronavirus relief bill?

$1,200 checks, unemployment benefits: What's in the next coronavirus relief bill?

Senate Republicans unveiled their next round of coronavirus relief on Monday, promising to include a fresh round of $1,200 stimulus checks while cutting back the boost to unemployment benefits.

Senate Republicans unveiled their next round of coronavirus relief on Monday, promising to include a fresh round of $1,200 stimulus checks while cutting back the boost to unemployment benefits.