Delta to avoid most involuntary furloughs, but pilots still face layoffs
Delta Air Lines said Tuesday it will avoid involuntary furloughs for most frontline employees except pilots.
Do welfare programs have a marriage penalty?
New research explores link between family formation and eligibility for social welfare programs.
40% of restaurants to close within 6 months without more coronavirus aid
With one in every six restaurants closed permanently or for the "long term" the restaurant industry is on track to lose $240 billion in sales by the end of the year.
Airlines face wave of layoffs amid coronavirus-aid impasse
Thousands of airline workers are bracing for layoffs at the end of the month unless Congress overcomes a monthlong stalemate.
Out-of-work Americans to receive up to $1,800 under Trump's unemployment program
Americans who lost their jobs during the coronavirus pandemic could receive as much as $1,800 in unemployment benefits under an executive measure signed by President Trump.
New House bill would create payroll tax holiday for American workers
Texas Rep. Kevin Brady introduced legislation that would create a temporary payroll tax holiday from Sept. 1 to Dec. 31
August budget deficit hits $200B as 2020 estimates approach levels not seen since WWII
The fiscal year-to-date deficit is about $3 trillion.
More coronavirus job losses are becoming permanent
More jobs lost in the early months of the coronavirus pandemic are disappearing permanently, Labor Department data shows.
Kudlow unsure if Congress will pass another virus relief bill, but says recovery still underway
White House economic adviser Larry Kudlow on Friday said he was unsure whether Congress will pass another coronavirus relief package before the November election.
Trump praises JPMorgan for telling trading staff to return to the office
President Trump on Friday lauded JPMorgan and Chase for calling its top trading staff back to the office after months of remote work.
On 9/11 anniversary, US faces new economic shock
Each crisis resulted in large federal spending projects.
UK recovery continues but risks loom, notably over Brexit
Economists think the pace of the recovery will moderate following of a recent pick-up in new virus infections
Stock futures rally again after Thursday's selling
The S&P is on pace for a second straight weekly loss
Feds ramp up probe into PPP fraud, charge 57 people with trying to steal $175M
The Department of Justice has charged 57 people since May with trying to steal more than $175 million from the Paycheck Protection Program.
Odds of coronavirus aid deal dim as Washington deadlock continues
A month-long deadlock between White House officials and top Democrats is imperiling the odds of another stimulus deal before the November election.
Another 884,000 Americans filed for unemployment aid last week
The report comes on the heels of new government data released last week that showed the economy added 1.4 million jobs in August.
ECB to take aim at strong euro with hints of more stimulus
Policy is expected to be unchanged, but could set the stage for more stimulus
Stock futures trade lower ahead of jobless report
Investors will examine the latest jobless and wholesale inflation reports
United Airlines, pilots union reach tentative agreement to avoid nearly 3,000 furloughs
United Airlines and the union representing its pilots said on Wednesday they have reached a tentative agreement to avoid furloughs of nearly 3,000 aviators.
GOP senator pushes for coronavirus aid deal to include refundable tax credit for homeschooling costs
Sen. Josh Hawley is pushing for the next coronavirus stimulus package to include language that would create a fully refundable tax credit for homeschooling expenses.