Government Spending

Yellen said during her confirmation hearing Tuesday that research suggests job losses from a $15 federal minimum wage are "very minimal, if anything."

BLS Investments chairman Bernard Schwartz is backing Joe Biden’s ability to reshape the economy and the country.

Biden has said he doesn't expect any major reductions in defense spending.

In the past four years, U.S. government debt held by the public has increased by $7 trillion to $21.6 trillion.

The inaugural committee is 'strongly encouraging' people not to attend the event in person.

All financial institutions with $1 billion or less in assets are able to reopen their PPP lending programs on Friday.

The money would be distributed on top of $600 checks, which have already been sent.

The cumulative U.S. deficit for the first three months of fiscal 2021, which started Oct. 1, reached $573 billion, up from $357 billion in the pre-pandemic year-earlier period.

In the spring some recipients mistook the payment for junk mail.

The Department of Labor's Office of the Inspector General estimates that at least $36 billion worth of unemployment payments expended as of Nov. 7 may have been invalid.

Here's why rising bond yields may not move too much higher.

Joe Biden's transition team has offered little more than what the president-elect has said in public statements and proposals.

The program is the latest effort by the local government to support businesses across the city.

The president's decision to sign the package into law will avert a government shutdown, restore unemployment benefits, stop evictions, provide rental assistance, add additional funding to the Small Business Administration's Paycheck Protection Program and invest in vaccine distribution, among other things.

Tucked inside the new $900 billion coronavirus relief package passed by Congress, but facing an uncertain fate with President Trump, is $200 million in aid for the loggers and the trucking companies that transport their wares.

Private bus companies are not happy with the new COVID-19 relief package Congress approved late Monday, which allocates $2 billion to the motorcoach industry.

Chef David Burke will likely temporarily close his New York business because he’s “losing too much money.”

Americans for Tax Reform President Grover Norquist on Wednesday said President Trump should sign the COVID-19 relief bill that Congress approved Monday.

Retirees who file taxes as single with incomes up to $75,000 will get the full payment and those who file married joint returns with an income up to $150,000 will get the full amount.

New York restaurateur Tyler Hollinger argues the latest stimulus relief bill isn’t enough for the restaurant industry.