Where are all of the jobs? These sectors hired the most workers in January
A slew of new hires in the professional and business service sector offset losses in other parts of the nation's pandemic-stricken economy.
Senate signals bipartisan support for more targeted $1,400 stimulus checks
The Senate signaled overwhelming support on for limiting wealthy Americans from receiving a third stimulus check.
US economy added 49,000 jobs in January as recovery rebounds from winter slowdown
The Labor Department released its closely watched jobs report on Friday morning, revealing the state of the U.S jobs market.
Surprise tax forms reveal extent of unemployment fraud in US
Simple tax forms are revealing the extent of the identity theft that made state-run unemployment offices lucrative targets for fraud during the pandemic.
Unemployment aid not reaching millions of out-of-work Americans, new study suggests
New research suggests that the jobless aid is not reaching millions of out-of-work Americans.
Democrats increase pressure on Biden to erase $50,000 in student loan debt: 'He has to go much further'
House and Senate Democrats on Thursday ramped up their pressure on President Biden to bypass Congress and unilaterally cancel $50,000 in student loan debt for millions of Americans.
Booker, Pressley renew push for 'baby bonds' in bid to narrow wealth gap
Congressional Democrats renewed their push on Thursday to give newborn Americans a $1,000 savings account.
Janet Yellen says top regulators will discuss whether GameStop volatility warrants 'further action'
Treasury Secretary Janet Yellen said Thursday that her meeting with top federal regulators later this morning will focus on whether recent market volatility warrants "further action."
Who will receive a third stimulus check? What we know so far
Although President Biden has maintained that that nearly $2 trillion emergency aid package needs to include direct payments worth $1,400, he's indicated that he's open to narrowing eligibility for the money in hopes of securing some GOP support.
Another 779,000 Americans filed for unemployment benefits last week
The number of Americans filing for first-time unemployment benefits fell slightly but remained elevated last week as the coronavirus pandemic continues to trigger a high number of layoffs.
Trader Joe’s temporarily raises pay by $4 per hour for all employees, but cancels midyear raises
Popular grocery retailer Trader Joe's announced this week that it would temporarily raise its pay for all employees amidst the continually-raging COVID-19 pandemic.
Washington state eyes 'billionaire tax' on the ultra rich
Washington state’s richest residents — including Jeff Bezos and Bill Gates — would pay a wealth tax on some financial assets under a new proposal.
Stimulus checks should target poorer Americans, Harvard researchers say
New research suggests the stimulus money would be most effective at boosting the U.S. economy if it targeted lower-income Americans
Democrats unveil bill to remove taxes on some unemployment aid
Democrats unveiled a bill this week aimed at providing tax relief for the millions of Americans collecting unemployment benefits last year
ADP report shows private companies added 174,000 jobs in January, beating expectations
U.S. private employers resumed hiring in January amid signs that new COVID-19 cases are falling.
Biden wants a $15 minimum wage. Here's what people say it would do to the economy
President Biden says his proposal to raise the federal minimum wage to $15 an hour will lift many low-wage workers out of poverty, but some businesses and economists warn it could cost jobs as the U.S. recovers from pandemic layoffs.
Biden's COVID relief plan could shrink economic growth over long-term, study shows
President Biden's relief proposal could provide an immediate burst to the U.S. economy but may drag on growth in years to come.
Biden's COVID relief plan could send money to well-off Americans who won't spend it
President Biden has made a third stimulus check an integral part of his nearly $2 trillion coronavirus relief package.
Dems to push for partisan COVID-19 relief bill despite Biden-GOP meeting
President Biden and top congressional Democrats signaled they intend to pass a large coronavirus relief bill — whether or not Republican lawmakers support it
GOP senators call for $1,000 stimulus checks. Who would qualify for the money?
A third stimulus check for Americans still reeling from the coronavirus pandemic seems almost guaranteed - here's who would qualify.