Money and Policy

The French Laundry, the posh California restaurant where Gov. Gavin Newsom was spotted dining with friends and lobbyists one month ago, received more than $2.4 million in taxpayer-funded loans through the Paycheck Protection Program.

Congressional leaders are closing in on a long-awaited coronavirus relief bill that could include a second round of direct payments to millions of Americans still reeling from the pandemic-induced recession. 

Sen. Bernie Sanders called on Democratic leaders to reject a $748 billion bipartisan coronavirus relief proposal because it leaves out stimulus checks for millions of Americans. 

A top Senate Democrat joined a growing number of rank-and-file lawmakers in backing a scaled-back coronavirus relief deal that excludes fiscal relief for states and local governments.

A bipartisan group of senators is set to unveil a $908 billion coronavirus relief bill on Monday as the deadline looms for Congress to strike a deal before the end of the year.

President Trump called on Congress to include a fresh round of stimulus checks for American families in the next coronavirus relief package as the year-end deadline for a deal looms.

Housing is one of the strongest parts of the U.S. economy, which is fighting to come back from a coronavirus-induced slowdown.

Economists said a lot of the difference in income growth among racial and ethnic groups has to do with the thriving job markets where Asian American and Latino-led households are concentrated — cities and communities in the West and Southwest.

Sen. Bernie Sanders is leading a progressive push for the next COVID-19 relief bill to include a second round of stimulus checks after Democratic leaders backed a compromise agreement without the payments last week.

Despite renewed momentum on Capitol Hill to pass a coronavirus relief deal, a bipartisan proposal unveiled last week has run into familiar obstacles, potentially thwarting the chances of a year-end agreement. 

The U.S. economy faces the risk of a double-dip recession if Congress fails to pass another round of emergency aid before the end of the year. 

The $908 billion coronavirus relief framework unveiled last week by a group of bipartisan senators has garnered support from key congressional leaders, spurring hope that lawmakers will be able to strike a deal before the end of the year.