Biden endorses $908B coronavirus relief plan from bipartisan group of senators
President-elect Joe Biden endorsed a $908 billion coronavirus relief proposal from a group of bipartisan senators, saying it "wouldn't be the answer" but would provide immediate help to American workers and businesses reeling from the pandemic.
Stock futures point to gains ahead of monthly jobs report
Economists estimate that employers added 469,000 jobs in November
Jobs report will show how much pandemic is squeezing hiring
Economists estimated that employers added 469,000 jobs in November
Biden indicates he supports raising tax rates to Bush-era highs
President-elect Joe Biden suggested this week that he supports returning individual and corporate tax rates to Bush-era highs even though his economic agenda likely hinges on the outcome of two Georgia runoff elections in January.
Another 712,000 Americans filed for unemployment benefits last week
The number of Americans applying for state unemployment benefits remained elevated last week, as a surge in coronavirus cases and colder weather continue to threaten the labor market's recovery from the pandemic.
Pelosi, Schumer endorse $908B coronavirus relief deal as basis for negotiations
House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer embraced a bipartisan $908 billion coronavirus relief deal as the starting point for negotiations with Republicans.
November bankruptcies hit 14-year low with steep drop in personal filings
November bankruptcy filings in the U.S. hit a 14-year low, driven by a decline in individuals filing for protection from creditors as they continue to enjoy the benefits of eviction moratoriums and other government assistance stemming from the coronavirus pandemic.
Stock futures trade cautiously ahead of jobless claims report
The S&P 500 index hit an all-time high Wednesday for a second straight record close
Fed's Beige Book: Coronavirus uptick hits regional economic activity
Lockdowns are hitting regional economies.
Yellen, Mnuchin have spoken as part of White House transition process
Treasury Secretary Steven Mnuchin said Wednesday that he has spoken with Janet Yellen, President-elect Joe Biden's pick to lead the department next year, as part of the White House transition process.
Refrigerators, ovens get a hygiene makeover during COVID-19 pandemic
Household appliances are breaking down faster than before with increased use as people shelter at home, and existing malfunctions have now become more intolerable. As travel remains limited because of the pandemic, wealthier consumers flush with cash are choosing to upgrade household products or splurge on new purchases.
SBA releases detailed information on more small business borrowers under pandemic relief effort
Judge ordered release of detailed PPP data in response to lawsuit by news organizations under Freedom of Information Act
Private-sector job growth slows in November amid coronavirus surge, ADP says
The ADP National Employment Report revealed how many jobs private U.S. employers added in November amid a surge in COVID-19 cases.
Stock futures pause following record start to month
Traders will digest the first of this week's employment-related reports with the ADP report on private sector jobs
Unemployment benefits drop below poverty line in 13 states
Unemployment insurance benefits for Americans in 13 states dipped below the poverty line after the extra $600-a-week in federal aid expired at the end of July, according to a new report from the Government Accountability Office.
Canceling student loan debt could benefit wealthy Americans the most
President-elect Joe Biden is facing mounting pressure from progressives to cancel student loan debt on his first day in the White House – but doing so may disproportionately benefit wealthy Americans, according to a new analysis.
Trader Joe's workers in 'state of terror' over NY's coronavirus surge
Trader Joe's -- which was founded in California in 1967 -- has more than 500 locations spread over 42 states and the District of Columbia.
Bipartisan group of senators unveil $908B coronavirus relief proposal amid gridlock
A bipartisan group of senators on Tuesday unveiled a $908 billion coronavirus relief deal after months of congressional gridlock over another emergency aid package.
Mnuchin touts economic growth while warning of dangers of new coronavirus restrictions
Treasury Secretary Steven Mnuchin touted continued economic growth as the country recovers from being shut down earlier this year due to the coronavirus pandemic while warning that new restrictive measures are impeding that progress.
Black Friday gun background checks decline despite year marked by coronavirus, civil unrest
In June, the FBI disclosed that over 3.9 million background checks were conducted, the most since the system was created in November 1998.


















