Stocks plunge as COVID-19 cases surge in US

The stock market had its worst day in a month as virus cases surge and help for the economy from Washington remains nowhere in sight.

Italy closes gyms, shuts eateries early amid rising COVID-19 cases

Italy’s leader has imposed at least a month of new restrictions to fight rising coronavirus infections, shutting down gyms, pools and movie theaters and putting an early curfew on cafes and restaurants.

Unemployment claims fall to 787,000; layoffs still high

The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.

Coronavirus relief talks crawl ahead; McConnell is resistant

President Donald Trump’s most powerful Senate ally is pressing the White House not to move ahead on a coronavirus pandemic relief package.

Study: Older workers face greater unemployment amid COVID-19 pandemic

The study released Tuesday from researchers with the New School university in New York City found that workers 55 and older lost jobs sooner, were rehired slower and continue to face higher job losses than their counterparts ages 35 to 54.

McConnell says any Pelosi-Mnuchin COVID-19 stimulus deal would get Senate vote

Senate Majority Leader Mitch McConnell said he'll schedule a vote if House Speaker Nancy Pelosi and the Trump administration are able to seal an agreement on a huge COVID-19 relief bill.

4 ways to get lower mortgage refinance rates

The best rates are reserved for the least risky borrowers. Here’s how to make sure you fall into that category.

China's economy accelerates as coronavirus recovery gains strength

China’s shaky economic recovery from the coronavirus pandemic is gaining strength as consumers return to shopping malls and auto dealerships while the United States and Europe endure painful contractions.

Trump teases stepping in if Republicans oppose multi-trillion dollar stimulus package

President Trump hinted he might intervene if Republican senators don't support a second coronavirus stimulus package worth trillions of dollars, during an interview with Charles Benson of WTMJ4 Milwaukee on Saturday.

DOJ charges Houston billionaire in $2 billion tax fraud scheme

Department of Justice officials said that Texas billionaire Robert Brockman hid capital gains income over 20 years through a web of offshore entities in Bermuda and Nevis and secret bank accounts in Bermuda and Switzerland.

Layoffs remain elevated as 898,000 seek unemployment aid

The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.

Mitch McConnell slates October revote on GOP COVID-19 relief plan

Senate Majority Leader Mitch McConnell says that he’s scheduling a procedural vote on a GOP COVID-19 relief bill for next week.

Biden hits Trump on economic fallout amid COVID-19 pandemic in critical Pennsylvania county

Democratic presidential candidate Joe Biden is blistering President Donald Trump as only pretending to care about the working-class voters who helped flip the Rust Belt to the Republican column four years ago.

Even during pandemic, American shoppers like visiting stores

Curbside was many brick-and-mortar merchants' best strategy for survival as Americans increasingly turned to online giants like Amazon for their every need as countrywide lockdowns threw Americans' lifestyles into disarray.