Biden pledges to temporarily expand child tax credit during coronavirus pandemic
Biden said Thursday he would push for the tax credit to be increase to $3,000 for children under the age of 17, and $3,600 for families with children who are under the age of six.
Trump's $300 unemployment boost is expiring in some states. What happens now?
A program from President Trump to boost unemployment benefits for the millions of Americans who lost their jobs during the coronavirus pandemic is beginning to expire in some states.
House Republicans push to reopen Paycheck Protection Program amid coronavirus relief gridlock
House Republicans are pushing to reopen a key federal relief program designed to keep small businesses afloat during the coronavirus pandemic.
Biden's tax plan could cost biggest US banks $7B per year
Democratic presidential candidate Joe Biden's plan to hike taxes on corporations could cost the nation's biggest banks billions each year.
New York Sports Clubs owner seals potential lender takeover deal
The owner of bankrupt New York Sports Clubs and Lucille Roberts gyms is preparing to sell to lenders that have conceded to supply the financial backing necessary to keep the fitness chains functioning.
Cash-strapped Postal Service struggled to placate Amazon during coronavirus upheaval
New documents released to watchdog group American Oversight lay bare the U.S. Postal Service's chaotic spring.
New Jersey governor, lawmakers strike deal to hike taxes on state's millionaires
The state faces a $5.7 billion budget shortfall as a result of the coronavirus-induced shutdown.
Another 860,000 Americans filed for unemployment aid last week
The Labor Department's report shed light on how the jobs market is recovering from the coronavirus pandemic.
United Airlines pilot union voting to save thousands of jobs
United Airlines pilot union votes on deal to prevent employee furloughs.
Exclusive Sonoma Valley wineries embrace discount pricing during COVID-19 pandemic
The coronavirus pandemic is forcing the wine industry to alter their business models and disrupt a 150-year-old supply chain.
Fed signals interest rates will stay near zero through 2023 to bolster US economy
The Federal Reserve concluded its final policy-setting meeting before the November presidential election on Wednesday with a renewed pledge to continue taking aggressive action to support the U.S. economy.
Trump lashes out at 'heartless' Dems over stalled-out coronavirus relief
President Trump lashed out at Democrats on Wednesday over the stalled-out coronavirus relief negotiations.
Facebook buys REI’s new HQ in coronavirus sale
Facebook Inc. is buying Recreational Equipment Inc.’s custom-designed new headquarters near Seattle.
JPMorgan sends some traders home after employee tests positive for COVID-19: Report
The news comes less than one week after the bank told senior employees of the sales and trading operations in London and New York that they and their teams must return to the office by Sept. 21.
US median income soared to record high in 2019 as poverty fell
Income for U.S. households rose sharply last year and the number of people living in poverty declined before the pandemic hit.
Wealthy New Yorkers should brace for higher taxes, city's comptroller says
Wealthy New Yorkers should brace for tax hikes as the city grapples with one of the worst fiscal crises in nearly five decades, City Comptroller Scott Stringer said.
Delta to avoid most involuntary furloughs, but pilots still face layoffs
Delta Air Lines said Tuesday it will avoid involuntary furloughs for most frontline employees except pilots.
40% of restaurants to close within 6 months without more coronavirus aid
With one in every six restaurants closed permanently or for the "long term" the restaurant industry is on track to lose $240 billion in sales by the end of the year.
Airlines face wave of layoffs amid coronavirus-aid impasse
Thousands of airline workers are bracing for layoffs at the end of the month unless Congress overcomes a monthlong stalemate.
Out-of-work Americans to receive up to $1,800 under Trump's unemployment program
Americans who lost their jobs during the coronavirus pandemic could receive as much as $1,800 in unemployment benefits under an executive measure signed by President Trump.

















