NYC restaurants starved by pandemic threaten lawsuit to bring back indoor dining
A New York City Hospitality Alliance survey found that 83 percent of 471 bars and restaurants did not pay full rent in July and 37% paid no rent at all.
Coronavirus binge-shopping helps big-box retailers leave rivals in the dust
Quarterly earnings released this week by major retailers revealed consumers are spending less on food and essentials and more on furniture, electronics and other big-ticket items.
Seattle business owners blast city leaders as stores remain shut: 'Sick and tired' of mayor pandering to 'Marxist' council
The coronavirus pandemic and the riots in Seattle continue to squeeze downtown small business owners, three business owners told Fox News on Thursday.
Nearly 40% of Americans who lost their jobs during pandemic can't last a month on savings
More than one-third of Americans who lost their jobs during the coronavirus pandemic and related economic recession cannot last more than one month on their savings
Fed officials worried about withdrawal of government support, minutes show
The nascent economic recovery faces several risks, Fed officials said during their July meeting.
Trump's extra $300 unemployment benefits may only last 3 weeks--here's why
The promised $300 boost in unemployment benefits could end for laid-off Americans just a few weeks after it starts.
Home Depot sees sales boost as Americans take up do-it-yourself projects during pandemic
Home Depot has experienced a surge in foot traffic, far exceeding growth projections from the previous year.
Waiting for the extra $300 weekly unemployment benefit? Here's when it could start
States are expected to start distributing the benefit by the end of August, according to a FEMA memo.
Cuomo to allow NY gyms to reopen with coronavirus precautions
New York Gov. Andrew Cuomo said Monday that gyms can reopen in the state next week, at one-third capacity and with social distancing and health precautions.
Traders brace for haywire markets around presidential election
The presidential election is three months away, but some traders are preparing for the possibility that prolonged political uncertainty will stoke stock-market mayhem.
Congress 'miles apart' on stimulus deal: What are the sticking points?
There are several key issues that Democrats and Republicans are fiercely divided about
Will Joe Biden back Kamala Harris' push for $2,000 monthly stimulus checks?
Biden's plan to address the economic fallout of the pandemic says that lawmakers "could include cash payments to working families" but it's unclear if he supports Harris' proposal.
Trump says he directed Treasury to prepare second stimulus checks, blames Dems for holdup
Trump said he's directed Steven Mnuchin to send another round of stimulus checks, but accused Democrats of holding up the aid.
Coronavirus could push US bankruptcies to worst levels in 10 years
The coronavirus pandemic has pushed U.S. companies to go bankrupt at a rate that could make 2020 the worst year for bankruptcies since 2010 during the fallout of the Great Recession, according to a new report from S&P Global.
White House says majority of coronavirus job losses will be temporary
The majority of the jobs lost as a result of the coronavirus pandemic were likely temporary, the Trump administration estimated.
What new jobless claims number means for 2020
The initial claims drop is just the latest in a series of very encouraging economic data over the last three months.
Trump rips Dems for holding up coronavirus stimulus deal with demand for post office aid
Trump blamed the Postal Service and money for mail-in voting as a primary reason behind the deadlocked coronavirus relief negotiations.
Number of Americans filing for unemployment falls below 1M for first time since pandemic started
Economists surveyed by Refinitiv expected 1.12 million new claims.
Second stimulus checks may not go out until September as relief talks drag on
Both political parties broadly support a fresh round of $1,200 stimulus payments, but there are several key outstanding issues on a deal, including the price tag.
NY ranked last in nation for economic outlook
New York was ranked the lowest in the country in terms of economic outlook by a new report that examines policies and whether they have helped or hurt their state’s competitiveness.



















