Fed's Kaplan says wearing face masks is key to US economic growth
More widespread usage of face masks, which is recommended by the Centers for Disease Control, could be pivotal in aiding the economy's nascent recovery.
File your taxes, even if you can't pay
You should file tax forms with the IRS by July 15, no matter how stressed or financially stretched you are this year. Here's why.
Stock futures head lower to end the week
Forecasters warn the recent rise in stocks might be too big and too fast
These 5 states pay the least money in unemployment benefits
The sweetened $600 a week in unemployment benefits expires at the end of July. Out-of-work Americans in these states will be getting the smallest checks once it does.
Wholesale inventories tumble in May
Goods imports dropped in May to their lowest level since July 2010 as the coronavirus crisis suppressed demand and upended global trade.
SBA defends PPP loans to restaurant chains, billionaire-backed businesses as 'exceptions'
Small Business Administration Administrator Jovita Carranza defended the multimillion-dollar PPP loans to the wealthy and well-connected companies.
Over 1.3M Americans filed for unemployment aid last week as layoffs start to plateau
The latest jobless claims figures from the Labor Department show how many Americans filed for unemployment benefits the week ending July 4.
US deficit rises to record $2.7T in 9 months
The U.S. budget deficit soared to a record $2.7 trillion for the first nine months of the fiscal year, as federal revenues dried up and spending surged.
Biden looks to curb COVID-19 economic damage with 'Buy American' plan
Biden is expected to lay out a plan that calls for aggressively ramping up "Buy American" provisions covering U.S. government spending that would account for a larger part of the U.S. economy.
Fed officials warn economic slowdown is coming, here's why
Business activity and consumer spending may decline as coronavirus cases rise in some states.
China's producer prices extend declines amid sluggish demand
The producer price index (PPI) in June fell 3.0% from a year earlier
Half of Americans saw their income fall during coronavirus pandemic
Nearly half of Americans have seen their income decline during the coronavirus pandemic, according to a new study
Blowout jobs data could reduce chances of another stimulus payment — here's why
Experts are warning an uptick in confirmed coronavirus cases could erase economic gains.
Number of Americans unable to pay full housing payment hit all-time high in July
Roughly one-third of households -- 32 percent -- have not made their complete housing payment in July, a survey published Wednesday found.
Renters face financial cliff ahead, limited help available
The extra $600 in unemployment benefits ceases at the end of July.
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.


















