Stocks surge on Wall Street amid vaccine news, US election outcome

The Dow Jones Industrial Average surged 1,500 points, or 5.4%, in early trading Monday and the S&P 500 jumped 3.7% after drugmaker Pfizer said early data show its coronavirus vaccine looks highly effective.

Here's how much a high yield savings account pays

High-yield savings accounts are one of the smartest ways to make your money work for you. Here's what you need to know before opening one of these accounts.

751,000 seek unemployment benefits as pandemic hobbles US economy

The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep cutting jobs in the face of the accelerating pandemic.

McConnell promises COVID-19 stimulus as he maintains seat

Senate Majority Leader Mitch McConnell, R-Ky., promised that approval of a new coronavirus relief package by the end of the year can be reached as lawmakers are set to return to work following Tuesday’s elections.

IRS offers new tax relief options to help during pandemic

Under the new system, taxpayers who still owe money to the government will receive expanded choices for making payments and alternatives to resolve the balances owed.

Rapper Lil Wayne meets with Trump

The rapper discussed the president's proposed Platinum Plan

American unemployment claims fall to 751,000; coronavirus resurges

The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March but a figure that remains historically high and indicates the viral pandemic is still forcing many employers to cut jobs.

5 reasons to open a cash back credit card

Cashback credit cards offer plenty of ways to increase your budget or save money on your favorite expenditures.

Pelosi 'remains optimistic' about COVID-19 relief package before Election Day

Despite failing on Monday to come to an agreement on a coronavirus stimulus package, House Speaker Nancy Pelosi "remains optimistic" that a deal with the White House can be reached before Election Day.

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.