Coronavirus causes mortgage concerns, but many Americans did not need to pause payments
More than 4 million Americans have entered into forbearance agreements.
More than 4 million Americans have entered into forbearance agreements.
‘Not just a horror story’: FTC says some nursing homes are taking residents' stimulus checks
The Federal Trade Commission learned some nursing homes have been trying to take stimulus checks from residents who use Medicaid.
The Federal Trade Commission learned some nursing homes have been trying to take stimulus checks from residents who use Medicaid.
Stocks reverse course as investors take profits
U.S. equity markets closed lower across the board giving up earlier gains as investors took profits and reassessed the progress of a potential coronavirus treatment.
U.S. equity markets closed lower across the board giving up earlier gains as investors took profits and reassessed the progress of a potential coronavirus treatment.
Millennial Money: Put off debt payments to start saving now
If you’re one of the millions of Americans making less or receiving unemployment benefits because of the coronavirus pandemic, you’re probably working to recalibrate your finances.
If you’re one of the millions of Americans making less or receiving unemployment benefits because of the coronavirus pandemic, you’re probably working to recalibrate your finances.
Coronavirus pandemic puts Social Security at risk of insolvency by 2030
Bipartisan Policy Institute estimated that the depletion date would jump from 2035 to 2029.
Bipartisan Policy Institute estimated that the depletion date would jump from 2035 to 2029.
Dow surges over 900 points amid coronavirus vaccine progress as lockdowns ease
U.S. equity markets soared Monday after drugmaker Moderna announced progress toward a COVID-19 vaccine and as lockdowns continued to ease nationwide.
U.S. equity markets soared Monday after drugmaker Moderna announced progress toward a COVID-19 vaccine and as lockdowns continued to ease nationwide.
How to save money at the grocery store during the pandemic
Infrequent trips to the grocery store can lead to savings and also better protect your family from COVID-19. U of M Extension Educator Kelly Kunkel joined the Buzz with strategies to make your next trip to the store a successful one.
Infrequent trips to the grocery store can lead to savings and also better protect your family from COVID-19. U of M Extension Educator Kelly Kunkel joined the Buzz with strategies to make your next trip to the store a successful one.
US retail sales plunged 16% in April as virus froze economy
U.S. retail sales tumbled 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened stores across the country and weighed down a sinking economy.
U.S. retail sales tumbled 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened stores across the country and weighed down a sinking economy.
Will you get a second coronavirus stimulus check? Everything we know so far
The outlook is hazy for a second cash payment for Americans who have been impacted by the coronavirus pandemic.
The outlook is hazy for a second cash payment for Americans who have been impacted by the coronavirus pandemic.
3 million more US layoffs intensify fears of lasting damage
Roughly 36 million people have now sought jobless aid in just the two months since the coronavirus first forced businesses to close down and shrink their workforces, the government said Thursday.
Roughly 36 million people have now sought jobless aid in just the two months since the coronavirus first forced businesses to close down and shrink their workforces, the government said Thursday.
How to get a refund or credit on your car insurance if you’re driving less amid COVID-19 pandemic
Many major auto insurance companies in the U.S. are offering policyholders some sort of refund or credits.
Many major auto insurance companies in the U.S. are offering policyholders some sort of refund or credits.
36 million have sought US unemployment aid since virus hit
Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.
Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.
Stocks slide as Powell says Fed fighting worst slump since WWII
U.S. stock markets tumbled Wednesday after Federal Reserve Chairman Jerome Powell said the central bank will take further steps to combat the worst downturn since World War II.
U.S. stock markets tumbled Wednesday after Federal Reserve Chairman Jerome Powell said the central bank will take further steps to combat the worst downturn since World War II.
Trump says Americans could see a second round of stimulus payments: 'We're talking about that'
President Trump said Monday his administration is considering a second round of coronavirus stimulus payments.
President Trump said Monday his administration is considering a second round of coronavirus stimulus payments.
Nasdaq leads charge as more states ease lockdowns
U.S. equity markets gained Monday despite concerns U.S. states are reopening too quickly after an uptick in COVID-19 cases in Asia.
U.S. equity markets gained Monday despite concerns U.S. states are reopening too quickly after an uptick in COVID-19 cases in Asia.
Receiving extra coronavirus unemployment benefits? How to avoid a big tax hit
The benefits are taxable at the federal level and by most states.
The benefits are taxable at the federal level and by most states.
Waiting for coronavirus stimulus check? Direct deposit information is due Wednesday, IRS says
If taxpayers don't provide their direct deposit information by noon on May 13, they'll have to wait to receive their payment by mail.
If taxpayers don't provide their direct deposit information by noon on May 13, they'll have to wait to receive their payment by mail.
Distinct possibility: ‘Temporary’ layoffs may be permanent
Call it realism or pessimism, but more employers are coming to a reluctant conclusion: Many of the employees they’ve had to lay off in the face of the coronavirus pandemic might not be returning to their old jobs anytime soon.
Call it realism or pessimism, but more employers are coming to a reluctant conclusion: Many of the employees they’ve had to lay off in the face of the coronavirus pandemic might not be returning to their old jobs anytime soon.
Stocks surge as economic recovery hopes put record unemployment in the rearview mirror
The Dow Jones Industrial Average gained over 455 points, or 1.91 percent, while the S&P 500 and the Nasdaq Composite rose 1.69 percent and 1.58 percent, respectively.
The Dow Jones Industrial Average gained over 455 points, or 1.91 percent, while the S&P 500 and the Nasdaq Composite rose 1.69 percent and 1.58 percent, respectively.
Jobless rate spikes to 14.7%, highest since Great Depression
The unemployment rate could reach 16% or more. Twenty-one million jobs may have been lost in April.
The unemployment rate could reach 16% or more. Twenty-one million jobs may have been lost in April.