Top economists call for recurring stimulus checks
If the government sends cash payments to Americans until the crisis recedes, it will help to boost consumer spending, the economists argued
Trump administration eyes $1T price tag for next coronavirus relief package
What the next stimulus bill will look like remains unclear, but certain measures that are on the table include another stimulus check for individuals earning less than $40,000, payroll tax relief and limited liability protection for businesses.
Banks poised to reap billions in fees from small business loans
The Paycheck Protection Program helped small businesses avert mass layoffs and kept small businesses afloat during the coronavirus pandemic. It may also be a revenue windfall for banks.
Tiny home, backyard cottage demand surges amid coronavirus pandemic
There is a surge in demand for backyard tiny homes and cottages because the novel coronavirus pandemic has created a need for multigenerational homes and spaces to work from home.
Unemployment is lowest in these 10 states
Some states have experienced a surge of layoffs while the losses have been more tempered in others.
Consumer spending cutoff: As unemployment benefits expire, US economy may suffer
A temporary boost in unemployment benefits, claimed by more than 19 million, will expire this month.
Coronavirus pandemic poses 'biggest test' for US financial system, Fed's Quarles warns
While Quarles said markets are working well after the turmoil in March, but cautioned there's more trouble to come.
IRS, taxpayers face host of challenges ahead of July 15 deadline
The IRS and taxpayers face a slew of challenges ahead of the impending July 15 tax filing deadline, including a backlog of paper returns.
These billionaire-backed businesses received millions in taxpayer-funded aid through PPP
The government disclosures highlight how the high-profile program also benefited wealthy and well-connected businesses, in addition to mom-and-pop shops.
Luxury restaurant chain backed by Robert De Niro received over a dozen PPP loans
De Niro, who's worth an estimated $500 million, co-founded the swanky Japanese-Peruvian fusion restaurant in 1994.
EU forecasts deeper economic hit from pandemic
EU economy is predicted to contract by 8.3% this year
Gig workers facing extreme new competition in coronavirus pandemic, severe unemployment
Gig workers are clamoring for jobs that often pay less while facing stiff competition from a crush of newly unemployed workers also attempting to patch together a livelihood
Paycheck Protection Program reopens to applicants with $132B left over
The program, a rescue fund established by Congress with the passage of the $2.2 trillion CARES Act at the end of March, was supposed to stop accepting applications on June 30.
Companies returned $30B in coronavirus relief loans from PPP
At the onset, the program was heavily criticized for granting aid to publicly traded companies that had other avenues for relief.
US service sector rebounds strongly in June
U.S. services industry activity rebounded sharply in June, almost returning to its pre-COVID-19 pandemic levels.
Driving over air travel, takeout over cafes: Pandemic shapes consumption
U.S. consumers are buying again, but their shopping patterns show broad fears of persistent health risks amid the pandemic.
Top economist reveals key to post-coronavirus recovery
Top economist says the economy will be helped if Washington ends the coronavirus program that helps the unemployed
Unemployment is highest in these 10 states
Some states have experienced a tidal wave of layoffs -- in May, 43 states set record jobless rate highs -- while the losses have been more tempered in other states.
What will the next coronavirus relief bill look like? Congress mulls stimulus checks and back-to-work bonus
What the next stimulus bill will look like remains unclear, but certain measures that have gained traction over the past month include another stimulus check, additional aid for businesses and the unemployed and a back-to-work bonus.
CBO sees rapid growth in US economy starting this quarter
The expectations is for GDP to return to pre-pandemic levels by the middle of 2022


















