Biden to launch task force to address bottlenecks in supply chains
The Biden administration is forming a task force to address the bottlenecks in the semiconductor, construction, transportation and agriculture sectors.
The Biden administration is forming a task force to address the bottlenecks in the semiconductor, construction, transportation and agriculture sectors.
US economy shows growth despite lacking enough workers, supplies
Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.
Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.
IRS sending refunds to those who paid taxes on 2020 unemployment
The IRS says it is sending more than 2.8 million refunds to those who paid taxes on unemployment compensation that is now excluded as income.
The IRS says it is sending more than 2.8 million refunds to those who paid taxes on unemployment compensation that is now excluded as income.
May jobs report: US adds modest 559,000 jobs amid hiring struggles
U.S. employers in May added 559,000 jobs, which was better than April but still a sign that many companies are struggling to find enough workers.
U.S. employers in May added 559,000 jobs, which was better than April but still a sign that many companies are struggling to find enough workers.
US unemployment claims drop to 385,000, another pandemic low
Unemployment benefit applications in the U.S. have dropped to 385,000, down 20,000 from the week before.
Unemployment benefit applications in the U.S. have dropped to 385,000, down 20,000 from the week before.
Sales of new US homes fell 5.9% in April in wake of soaring house prices in March
Sales of new homes fell a bigger-than-expected 5.9% in April, a drop that analysts blamed in part on soaring home prices.
Sales of new homes fell a bigger-than-expected 5.9% in April, a drop that analysts blamed in part on soaring home prices.
Child tax credit calculator: How much money can you expect to receive?
The IRS will start distributing the expanded child tax credit authorized under President Biden's coronavirus relief plan on July 15.
The IRS will start distributing the expanded child tax credit authorized under President Biden's coronavirus relief plan on July 15.
IRS can seize unemployment tax refunds for unpaid debts
The IRS began issuing refunds this week to Americans who overpaid taxes on unemployment benefits collected last year – but some individuals could have their checks seized to offset unpaid debts.
The IRS began issuing refunds this week to Americans who overpaid taxes on unemployment benefits collected last year – but some individuals could have their checks seized to offset unpaid debts.
Wisconsin unemployment near pre-pandemic rate
The state's unemployment rate was 3.9% in April, compared to 14.1% in April 2020 and 3.1% in March 2020 as the pandemic prompted shutdowns.
The state's unemployment rate was 3.9% in April, compared to 14.1% in April 2020 and 3.1% in March 2020 as the pandemic prompted shutdowns.
US achieves another pandemic low with 444,000 new unemployment claims
The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease.
The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease.
The May 17 tax deadline is coming up: Here's everything you need to know
Americans have just a few more days to file their 2020 tax returns — or risk facing a financial penalty.
Americans have just a few more days to file their 2020 tax returns — or risk facing a financial penalty.
Wisconsin unemployment: Republicans urge pandemic bonus end
A group of Wisconsin Republican congressmen, led by Sen. Ron Johnson, is urging Gov. Tony Evers to end the weekly federal unemployment bonus.
A group of Wisconsin Republican congressmen, led by Sen. Ron Johnson, is urging Gov. Tony Evers to end the weekly federal unemployment bonus.
Unemployment claims fall to 473,000, another pandemic low
The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen.
The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen.
New increased child tax credit money coming in July
The 2021 child tax credit is increased courtesy of the American Rescue Plan.
The 2021 child tax credit is increased courtesy of the American Rescue Plan.
Biden touts economic recovery plan as Treasury Dept. starts paying out $350B in state and local aid
President Biden on Monday announced steps to make it easier for employers to hire new workers and touted the country’s economic recovery plan following a disappointing April jobs report.
President Biden on Monday announced steps to make it easier for employers to hire new workers and touted the country’s economic recovery plan following a disappointing April jobs report.
Chamber of Commerce calls for end to enhanced jobless aid
The U.S. Chamber of Commerce is calling for Washington to immediately stop paying out-of-work Americans an extra $300 a week in unemployment benefits, saying the boost in government aid is giving some recipients less incentive to look for work.
The U.S. Chamber of Commerce is calling for Washington to immediately stop paying out-of-work Americans an extra $300 a week in unemployment benefits, saying the boost in government aid is giving some recipients less incentive to look for work.
Biden says economic recovery a marathon, not a sprint amid weak jobs report
U.S. employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers.
U.S. employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers.
IRS delivers another batch of $1,400 stimulus checks: Here's who received them
The IRS will issue an eighth batch of stimulus checks this week, delivering payments to another 1.1 million Americans as part of President Biden's $1.9 trillion American Rescue Plan.
The IRS will issue an eighth batch of stimulus checks this week, delivering payments to another 1.1 million Americans as part of President Biden's $1.9 trillion American Rescue Plan.
In new pandemic low, unemployment numbers fall to 498,000
The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers step up spending.
The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers step up spending.
American Rescue Plan could make 2021 tax bill $0 for those making less than $75K
According to a recent report from Congress’ Joint Committee on Taxation, Americans who make between $75,000 and $100,000 a year will pay an average tax rate of just 1.8%, while Americans making less than $75,000 may owe nothing in federal taxes for 2021.
According to a recent report from Congress’ Joint Committee on Taxation, Americans who make between $75,000 and $100,000 a year will pay an average tax rate of just 1.8%, while Americans making less than $75,000 may owe nothing in federal taxes for 2021.