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.
JPMorgan: Some customers, employees misused PPP and other COVID-19 stimulus programs
JP Morgan Chase is saying that a number of its employees and customers may have abused the Paycheck Protection Program and other coronavirus stimulus programs.
JP Morgan Chase is saying that a number of its employees and customers may have abused the Paycheck Protection Program and other coronavirus stimulus programs.
'Not free money:' Federal payroll tax 'holiday' starting soon
Workers will still be on the hook for the taxes, which they will have to begin repaying in 2021 -- doubling payroll tax until workers pay back what they deferred.
Workers will still be on the hook for the taxes, which they will have to begin repaying in 2021 -- doubling payroll tax until workers pay back what they deferred.
Gov. Evers speaks on unemployment, many still waiting on claims
Gov. Evers said his hands are tied and that he is looking to the federal government for help.
Gov. Evers said his hands are tied and that he is looking to the federal government for help.
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.
A new $300 federal unemployment benefit? Not likely for some
Due to a raft of restrictions and bureaucratic hurdles, more than 1 million unemployed Americans won't receive that $300 check.
Due to a raft of restrictions and bureaucratic hurdles, more than 1 million unemployed Americans won't receive that $300 check.
'Heartbreaking:' Demand for emergency shelter up 185% in Milwaukee County
Calls for emergency shelter in Milwaukee County were at their lowest in April, when a state moratorium on evictions was in effect.
Calls for emergency shelter in Milwaukee County were at their lowest in April, when a state moratorium on evictions was in effect.
Congressional investigation finds over $1B in suspected COVID-19 aid fraud
The investigation found that more than $1 billion in loans went to companies that received more than one.
The investigation found that more than $1 billion in loans went to companies that received more than one.
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.
Tyler Perry is officially a billionaire
The Atlanta media mogul went from living in and out of his car to being worth a billion dollars.
The Atlanta media mogul went from living in and out of his car to being worth a billion dollars.
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.
IRS to send 50,000 'catch-up' stimulus checks in September
The wrongly withheld payments will be mailed in early-to-mid September.
The wrongly withheld payments will be mailed in early-to-mid September.
Eliminating payroll tax could deplete Social Security by 2023, chief actuary estimates
Trump has said he could eliminate the tax if he is reelected without undercutting the retirement program or greatly adding to the deficit.
Trump has said he could eliminate the tax if he is reelected without undercutting the retirement program or greatly adding to the deficit.
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.
Good news for anyone with a student loan? That's not exactly clear
This may be good news for anyone with a student loan. The president said he wants to pause payments through the end of the year. But the details to this plan are not exactly clear.
This may be good news for anyone with a student loan. The president said he wants to pause payments through the end of the year. But the details to this plan are not exactly clear.