If you didn’t file tax returns, the IRS may still owe you a $1,200 COVID-19 stimulus check
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 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.
Layoffs remain elevated as 884,000 Americans seek unemployment aid
The number of Americans applying for jobless aid was unchanged last week at 884,000.
The number of Americans applying for jobless aid was unchanged last week at 884,000.
Even as hiring slows, American unemployment rate falls to 8.4%
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.
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.
Unemployment claims fall to 881,000 but layoffs remain elevated
The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week.
The number of laid-off Americans applying for unemployment benefits fell to roughly 880,000 last week.
Budget deficit to hit record $3.3T, putting US debt on track to exceed GDP next year
The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the federal ledger.
The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the federal ledger.
Coronavirus pandemic brings hard times for farmers, worsening hunger
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.
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.
Trump's payroll tax deferral is about to take effect — what it will mean for you
Companies can stop withholding employees' payroll taxes beginning Sept. 1.
Companies can stop withholding employees' payroll taxes beginning Sept. 1.
'Going to be a struggle:' As virus rages, US economy struggles to sustain a recovery
“We are just dying for some government assistance and some guidance and some help.”
“We are just dying for some government assistance and some guidance and some help.”
In college towns, smaller businesses struggle without students
Small business owners in college towns across the U.S. are hoping for the best when students return — and bracing for the worst.
Small business owners in college towns across the U.S. are hoping for the best when students return — and bracing for the worst.
More than 1 million Americans applied for unemployment benefits
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.
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.
Biden promises no new taxes for small businesses or Americans making less than $400K a year
Democratic presidential nominee Joe Biden said that if he wins the presidency in November's election, he will raise taxes on Americans who earn more than $400,000 a year.
Democratic presidential nominee Joe Biden said that if he wins the presidency in November's election, he will raise taxes on Americans who earn more than $400,000 a year.
Millions of jobs lost to coronavirus pandemic could take years to return
The damage inflicted to the jobs market is expected to persist for years, IRS projections show.
The damage inflicted to the jobs market is expected to persist for years, IRS projections show.
Could Americans still receive a second stimulus check? Everything we know
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.
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.
US unemployment claims jump back above 1 million in face of coronavirus
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.
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.
Nearly 40% of Americans who lost their jobs during pandemic can't last a month on savings
One in five respondents said their savings would last just two weeks.
One in five respondents said their savings would last just two weeks.
United States suspends extradition and tax agreements with Hong Kong
President Donald Trump already had determined that Hong Kong was no longer eligible for the continued preferential treatment that it enjoyed based on its autonomy following its reversion to Chinese rule in 1997. The three agreements cover the transfer of fugitives and convicted prisoners as well as reciprocal tax exemptions on income from international shipping.
President Donald Trump already had determined that Hong Kong was no longer eligible for the continued preferential treatment that it enjoyed based on its autonomy following its reversion to Chinese rule in 1997. The three agreements cover the transfer of fugitives and convicted prisoners as well as reciprocal tax exemptions on income from international shipping.
IRS extends deadline to claim extra $500 for children from COVID-19 stimulus checks
People with children who did not receive the $500 in stimulus funds have until Sept. 30 to submit information about their dependents.
People with children who did not receive the $500 in stimulus funds have until Sept. 30 to submit information about their dependents.
GOP senator calls on China to repay $1.6T of century-old debt
Sen. Martha McSally, R-Ariz., introduced a resolution calling on China to repay U.S. bondholders more than $1.6 trillion of sovereign debt, including interest, that pre-dates the country's Communist government.
Sen. Martha McSally, R-Ariz., introduced a resolution calling on China to repay U.S. bondholders more than $1.6 trillion of sovereign debt, including interest, that pre-dates the country's Communist government.
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.
Number of Americans filing for unemployment falls below 1M for first time since pandemic started
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.
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.