The coronavirus pandemic sent the U.S. economy plunging by a record-shattering 32.9% annual rate last quarter. It is still inflicting damage across the country, squeezing already struggling businesses and forcing a wave of layoffs that shows no sign of abating.
The emergency unemployment benefits millions of Americans have been receiving are proving to be a major dividing point for lawmakers working on a coronavirus relief package. Should the extra $600 per week be extended through the end of 2020, or…
As Congress and the White House resume their efforts to agree on a new economic aid package, evidence is growing that the U.S. economy is faltering. And so is concern that the government may not take the steps needed to…
As public health officials warned Friday that the coronavirus posed new risks to parts of the Midwest and South, enhanced federal payments that helped avert financial ruin for millions of unemployed Americans were set to expire — leaving threadbare safety…
Negotiations over the next COVID-19 rescue bill are in flux.
A new White House-backed ad campaign aims to encourage people who are unemployed or unhappy in their jobs or careers to "find something new."…
The Paycheck Protection Program, or PPP, is one of the federal government’s signature efforts to help small businesses weather the COVID-19 pandemic. Now, there is new data from the Trump administration about how this money was distributed during the past…
The Labor Department’s June jobs report seems to reflect a strengthening economy. After all, businesses across the country reopened during that month. But now coronavirus cases are soaring, raising questions about how we can have a functioning U.S. economy without…
In our news wrap Thursday, the U.S. Supreme Court has upheld the Trump administration’s use of quick deportations for legal asylum seekers who fail initial screenings. The 7-2 decision reversed a lower court’s ruling that asylum seekers must first have…
The Paycheck Protection Program or PPP provides federally-backed forgivable loans to businesses whose revenues may be impacted by the COVID-19 crisis. According to the Center for Responsible Lending, little of the $659 billion fund has made it to Latino and…
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