The White House and congressional Democrats have again failed to agree on a new pandemic relief package. House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer met with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark…
By Maea Lenei Buhre
The economy has recovered some of the jobs lost during the early weeks of the pandemic -- but that growth now seems to be slowing. Millions of Americans still don’t have work, with many now receiving less money in unemployment.
By Christopher Rugaber, Associated Press
Many employers have been reluctant or unable to hire, with about two-thirds of the nation having paused or reversed reopening plans early last month.
By Paul Solman, Sam Lane
American businesses suffering through the pandemic’s economic fallout have received hundreds of billions of dollars in federal loans since the Paycheck Protection Program opened this spring. But accessing that funding was challenging for business owners with criminal records. Economics correspondent…
By Sarah Skidmore Sell, Paul Wiseman, Associated Press
Even if Congress does reach a deal, the extra unemployment amount is likely to be less than $600. By the time the money starts flowing, it could be too late for many Americans who are already in dire straits.
By Associated Press
At a news conference Thursday morning, Pelosi and Senate Minority Leader Chuck Schumer, D-N.Y., staked out a firm position to extend financial assistance to unemployed Americans.
By Paul Wiseman, Associated Press
WASHINGTON (AP) — Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired. The Labor Department’s report…
By PBS NewsHour
As the emergency $600-per-week unemployment benefit expired on July 31, officials expressed optimism for another relief package. The bill, being negotiated right now, would be the fifth since the pandemic hit and likely the last before the November elections. Diane…
By Russ Bynum, Associated Press
The coronavirus pandemic is entering a new month, meaning Americans struggling amid the economic fallout once again have to worry about paying their rent. Many who lost jobs months ago are already behind on payments.
The coronavirus pandemic leveled the U.S. economy in the second quarter of the year, leading to the worst collapse since the Great Depression. Gross domestic product fell by more than 9 percent between April and June. While some parts of…
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