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
US economy created 4.8M jobs last month: These industries saw the biggest gains
The figures marked the second consecutive month of growth in the millions, indicating a continued improvement in the nation's stressed labor market as business activity resumed. The unemployment rate dropped to 11.1 percent, down from 13.3 percent in May.
White House officials say second stimulus check still on the table, despite better-than-expected June jobs report
In the past week, Trump has vocalized his support for a second stimulus check -- even as the economy starts to gradually improve.
These 5 states pay the most money in unemployment benefits
States, which administer the benefits, have their own complex unemployment laws to determine how much money an individual should receive based on your weekly earnings before being laid off.
Unemployment rate drops to 11.1% in June as job growth blows past expectations with 4.8M added
The June jobs report shed light on the health of the U.S. labor market as it starts to recover from the coronavirus pandemic.
Stock futures gain ahead of latest jobs data
The June employment report will be released a day early because of the Independence Day holiday
Job growth expected to continue in June
The June employment report will be released a day early because of the Independence Day holiday
Could universal basic income become reality? Here are the mayors supporting free cash
Mayors for a Guaranteed Income has committed to exploring direct, recurring cash payments to community members and advocating for a similar program nationwide.
Fed officials pledge full support to aid US coronavirus recovery, minutes show
During their June meeting, Fed policymakers projected that interest rates will remain at zero until 2022.
Millions of taxpayers awaiting refund from IRS could face 'extreme delays'
The National Taxpayer Advocate said the IRS had a backlog of 4.7 million returns for the 2019 tax year as of mid-May, warning that some taxpayers are in "for a long wait."



















