US economy will return to pre-pandemic levels by second-half of 2021, experts predict

The U.S. economy's growth is likely slowing as 2020 comes to a close, but a growing number of economists expect it to claw back to its pre-pandemic strength by the second half of next year.

Zappos founder Tony Hsieh's family granted control of estate, massive fortune

The father and brother of recently deceased Zappos founder Tony Hsieh have been appointed co-special administrators and legal representatives of the multimillionaire magnate’s fortune, court papers show.

COVID-19 relief: What's on the table as Congress seeks deal

Providing a second round of “paycheck protection” subsidies, and funding to distribute vaccines are sure bets to be included in any deal.

Employers add a modest 245,000 jobs in November as coronavirus pandemic intensifies

America’s employers scaled back their hiring last month as the viral pandemic accelerated across the country, adding 245,000 jobs, the fewest since April and the fifth straight monthly slowdown.

Walmart announces another $700M in cash bonuses

The company’s latest bonus announcement includes $5.7 million in quarterly bonuses paid to Wisconsin associates in their Nov. 25 paychecks.

Scam alert: HHS warns of fake social media accounts promising COVID-19 grant money

The Office of the Inspector General for the U.S. Department of Health and Human Services is warning the public of yet another COVID-19-related scam being perpetrated through social media.

Unemployment claims remain high at 712,000 as COVID-19 pandemic escalates

The number of Americans applying for unemployment benefits fell last week to a still-high 712,000, the latest sign that the U.S. economy and job market remain under stress from the intensified viral outbreak.

IRS admits to erroneously sending $34M in COVID-19 stimulus funds overseas

The IRS acknowledged that it was responsible for sending $34 million worth of COVID-19 stimulus checks to ineligible people living outside of the United States.

Wisconsin DWD launches extended unemployment benefits program

The application process will be available to those who have exhausted their regular unemployment insurance benefits and Pandemic Emergency Unemployment Benefits.

Work in paradise: Hawaii offering incentives to remote workers who move to state

Hawaii’s new Movers and Shakas program hopes to attract talented individuals to the islands to work remotely, forging an economy resilient to economic downturns like the one triggered by the COVID-19 pandemic.

Dow, S&P 500 head for best November since 1928

A big portion of the push for U.S. stocks in recent weeks, one economist said, is optimism for a COVID-19 vaccine.

Black Friday crowds thin amid surging COVID-19 pandemic as retailers push online sales

In normal times, Black Friday is the busiest shopping day of the year, drawing millions of shoppers eager to get started on their holiday spending. But these are not normal times.

Online shopping hits new record, topping $5B, Adobe Analytics says

Shoppers flocked online on Thanksgiving in record numbers, spending an unmatched $5.1 billion even as concerns regarding a prolonged economic downturn prompted by rising COVID-19 cases looms.

Small Business Saturday more critical this holiday season amid coronavirus pandemic

Sandwiched between Black Friday and Cyber Monday is Small Business Saturday, a national initiative to shop local and break away from large box stores. However, this year shoppers will notice a few changes because of COVID-19.

US economy sprints toward normal in 2021 but with coronavirus scars

With the help of COVID-19 vaccines and, possibly, more government relief, the U.S. economy may return to normal by the second half of next year.