Biden signs executive orders on $15 minimum wage for federal workers, food aid increases
President Joe Biden plans to take executive action to provide a stopgap measure of financial relief to millions of Americans.
Unemployment claims fall to a still-high 900,000
Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a raging pandemic.
Gas tax hike part of House Democrats’ transportation plan
Democratic leaders in the Washington state House on Tuesday unveiled a 16-year, $25.8 billion transportation package that includes an 18-cent increase in the gas tax and a new fee on carbon emissions.
'American Rescue Plan': Here's what's in Biden's COVID-19 relief plan
President-elect Joe Biden is proposing a $1.9 trillion plan to expand coronavirus vaccinations, help individuals and jump-start the economy.
$15 an hour minimum wage: Biden pushes for urgent increase amid COVID-19 pandemic
During his announcement of the “American Rescue Plan,” President-elect Joe Biden pushed for the minimum wage in the United States to be raised to at least $15 an hour.
NC nurse who works in COVID-19 unit wins $1 million in state lottery
A North Carolina nurse who works in the COVID unit won a $1 million prize in the state’s lottery.
Jobless claims jump to 965,000 as COVID-19 pandemic takes toll
The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs.
$750M: Mega Millions jackpot rises to its 2nd highest ever; Powerball drawing Wednesday
The Powerball and Mega Millions lotteries each draw new numbers twice a week at 11 p.m. ET. Powerball numbers are drawn on Wednesdays and Saturdays while Mega Millions numbers are chosen on Tuesdays and Fridays.
Schumer pledges quick delivery of $2,000 stimulus checks: 'We will get that done'
Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.
Paycheck Protection Program: PPP loan portal reopens amid ongoing COVID-19 pandemic
The U.S. Small Business Administration and the U.S. Treasury Department relaunched the Paycheck Protection Program, or PPP, loan portal Monday.
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.
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.
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.
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.
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
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.
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.
Unemployment benefits to be delayed by Trump's late signing of COVID-19 relief bill
The $900 billion economic relief package that President Donald Trump signed over the weekend will deliver vital aid to millions of struggling households and businesses.
Las Vegas slots player wins $15.5M jackpot on Christmas Eve
The Suncoast Hotel and Casino reported a man named Kevin won nearly $15.5 million from one of its slot machines Thursday night.
Millions of Americans receiving unemployment aid could face surprise tax bill
Unemployment benefits, including the extra money distributed through federal aid programs, count as taxable income.