Record jobless claims mean we must heed these lessons from the Great Recession
The focus from federal and state governments should be on two main issues surrounding sustained unemployment.
Chinese national busted for $20M coronavirus loan fraud
He was arrested Thursday on a slew of charges related to fraud and making false statements.
Varney: Give Americans coronavirus relief first
FOX Business' Stuart Varney during his latest "My Take” argues states with pre-existing financial issues shouldn’t use the coronavirus to demand a bailout.
New company to make coronavirus drugs in US after Trump awards contract
The Trump administration is awarding a 4-year contract to a pharmaceutical company to make COVID-19 drugs in the U.S.
Mark Cuban calls for Depression-era federal jobs program to revive US economy
The only way to cauterize the unemployment blood bath Cuban said, is for the federal government to intervene as it did during the Great Depression.
Hawaii public pension fund suffers worst loss in 17 years
Hawaii's largest public pension fund, which provides retirement, disability and survivor benefits suffered its worst quarterly loss in more than 17 years due to the economic impact of the coronavirus.
Most of $500B Treasury fund for coronavirus relief hasn't been distributed, oversight commission finds
The Treasury Fund set aside $46 billion for loans and loan guarantees to the airline industry, none of which has been distributed.
Despite PPP aid, some small businesses are choosing to stay closed - here's why
Some small business owners have said the loan restrictions may hurt tens of thousands of borrowers who cannot meet the 75 percent threshold.
Coronavirus pandemic puts Social Security at risk of insolvency by 2030
The bulk of the money that Social Security pays out in retirement and disability benefits stems from payroll taxes.
De Blasio floats fencing to keep New Yorkers off beaches
New York City Mayor Bill de Blasio said that all city beaches will remain closed and threatened to put up fences to keep people off the sand.
Coronavirus prompts New Jersey and California to consider state worker furloughs like Michigan's
Michigan's public employee furlough plan will last until July 25.
US expected to revise coronavirus small business aid program
The changes are likely to include giving businesses more flexibility to spend the money.
US Postal Service launches review of package delivery fees: Report
The U.S. Postal Service is reportedly reviewing its package delivery contracts with major shippers like Amazon.
MTA to get $3.9B in coronavirus aid, Cuomo says Trump 'cut red tape' to send NY expedited funding
Cuomo said the MTA "desperately needs funding because the ridership is way down."
United Airlines violated $5B coronavirus aid agreement: Lawsuit
The airline received $5 billion in paycheck support relief to put toward employee pay and benefits.
This glitch has cost some Americans their stimulus payments -- and it could take months to fix
The IRS is working on fixing a glitch that is preventing some Americans from getting any of the coronavirus stimulus money.
US federal employees don't need Chinese stocks in 401(k)s: Secretary Scalia
In a FOX Business exclusive, Trump is asking for Chinese stocks to be dumped from a federal 401(k) plan.
US government sees record monthly deficit of $737.9B
The federal government piled up a record deficit in April, traditionally a month of big budget surpluses.
5 things to do if you have to live on Social Security alone
Here are five things you can do to help ensure you have the income you need throughout your later years if you need to rely solely on Social Security benefits.
Varney: Democrats using coronavirus to push 'economic nonsense'
Democrats are eager to give economic handouts amid coronavirus, tax the rich and give all control to government, FOX Business' Stuart Varney said in his latest "My Take."