Biden plans to extend student loan payment pause ‘on day one,’ supports forgiving $10K in debt
President-elect Joe Biden’s transition team said he plans to extend a suspension of student loan payments due to financial hardships posed by the COVID-19 pandemic on “day one,” and he also favors forgiving $10,000 in student loan debt.
President-elect Joe Biden’s transition team said he plans to extend a suspension of student loan payments due to financial hardships posed by the COVID-19 pandemic on “day one,” and he also favors forgiving $10,000 in student loan debt.
US lost 140,000 jobs in December; first monthly loss since spring
U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.
U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.
Missing stimulus payment? IRS says claim it on your tax return
The FOX6 newsroom is getting complaints about the latest round of stimulus checks -- asking about missing checks and incorrect bank account information.
The FOX6 newsroom is getting complaints about the latest round of stimulus checks -- asking about missing checks and incorrect bank account information.
Stimulus check mix-up: Intuit says payments sent to wrong accounts should be deposited correctly ‘within days’
The tax software company Intuit is working with the U.S. Treasury and the IRS after a mix-up involving millions of stimulus payments.
The tax software company Intuit is working with the U.S. Treasury and the IRS after a mix-up involving millions of stimulus payments.
Online glitches, new distribution methods could be why you haven't received your second stimulus check
While the IRS and Treasury have distributed the bulk of the anticipated $164 million in second-round of relief payments for Americans faster than the first time, millions have not gotten payments yet or found hiccups in the distribution.
While the IRS and Treasury have distributed the bulk of the anticipated $164 million in second-round of relief payments for Americans faster than the first time, millions have not gotten payments yet or found hiccups in the distribution.
Jobless claims slip to still-high 787,000 in the US
The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months.
The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months.
Elon Musk becomes richest person in the world, surpassing Jeff Bezos
Move over, Jeff Bezos. There's officially a new richest person on the planet: Elon Musk.
Move over, Jeff Bezos. There's officially a new richest person on the planet: Elon Musk.
Powerball $470M jackpot goes unclaimed as Mega Millions surges to $490M
Mega Millions Drawings are held every Tuesday and Friday at 11 p.m. ET in Atlanta. Identically, Powerball drawings take place in Atlanta at 11 p.m. every Wednesday and Saturday.
Mega Millions Drawings are held every Tuesday and Friday at 11 p.m. ET in Atlanta. Identically, Powerball drawings take place in Atlanta at 11 p.m. every Wednesday and Saturday.
US companies slash jobs for the first time since April, ADP report shows
The report showed that private employers shed 123,000 jobs last month, large companies announcing for the bulk of layoffs.
The report showed that private employers shed 123,000 jobs last month, large companies announcing for the bulk of layoffs.
Parents could get up to $1,100 in stimulus money per child born in 2020
Parents who had one or more children born in 2020 could receive up to $1,100 in extra stimulus money per child, according to IRS guidelines.
Parents who had one or more children born in 2020 could receive up to $1,100 in extra stimulus money per child, according to IRS guidelines.
Mega Millions, Powerball jackpots are above $400 million each
Both the Mega Millions and Powerball jackpots have soared to more than $400 million each, with drawings to be held Tuesday and Wednesday.
Both the Mega Millions and Powerball jackpots have soared to more than $400 million each, with drawings to be held Tuesday and Wednesday.
Stimulus checks now cashable on Venmo
Venmo has rolled out a new feature allowing users to cash printed, payroll and government checks directly from their smartphone into their accounts.
Venmo has rolled out a new feature allowing users to cash printed, payroll and government checks directly from their smartphone into their accounts.
9 surprising things car insurance covers
What your auto insurance policy covers may surprise you.
What your auto insurance policy covers may surprise you.
AMC aims to sell $125M in stock due to coronavirus pandemic, say SEC filings
Movie theater intends to sell millions more shares to survive pandemic
Movie theater intends to sell millions more shares to survive pandemic
Federal checks salvage otherwise dreadful 2020 for US farms
Farmers faced challenges throughout the year, including the impact of trade disputes, weather difficulties and low prices that drove down cash receipts.
Farmers faced challenges throughout the year, including the impact of trade disputes, weather difficulties and low prices that drove down cash receipts.
Minimum wages set to rise in 21 states in 2021
A new year will bring higher pay for workers in some states. Some have approved pathways to hit $15 per hour, in due time.
A new year will bring higher pay for workers in some states. Some have approved pathways to hit $15 per hour, in due time.
Dow, S&P 500 wrap 2020 with records, Tesla crosses $700 level
U.S. stocks wrapped a wild 2020 with a basket of records.
U.S. stocks wrapped a wild 2020 with a basket of records.
Unemployment benefit claims unexpectedly fall as coronavirus lockdowns widen
The number of Americans filing for first-time unemployment benefits fell last week amid a rise in COVID-19 infections and new restrictions aimed at slowing the spread of the disease.
The number of Americans filing for first-time unemployment benefits fell last week amid a rise in COVID-19 infections and new restrictions aimed at slowing the spread of the disease.
Student loan forgiveness: How it might unfold and who might benefit
Federal lawmakers have a plan to cancel student loan debt. And if they can’t get it passed in Congress, they say President-elect Biden could do it on his own through executive order.
Federal lawmakers have a plan to cancel student loan debt. And if they can’t get it passed in Congress, they say President-elect Biden could do it on his own through executive order.
McConnell blocks immediate Democratic push for $2,000 stimulus checks
Senate Majority Leader Mitch McConnell on Tuesday blocked Democrats' push to immediately bring President Donald Trump's demand for bigger $2,000 COVID-19 relief checks up for a vote.
Senate Majority Leader Mitch McConnell on Tuesday blocked Democrats' push to immediately bring President Donald Trump's demand for bigger $2,000 COVID-19 relief checks up for a vote.