COVID-19 and the Economy

Senate Majority Leader Mitch McConnell praised President Trump late Sunday for signing a $900 billion pandemic package and a $1.4 trillion government funding bill to avert a government shutdown.

College students, older dependents are among individuals who won't receive second stimulus check.

Millions of Americans have been jobless since the viral pandemic ripped through the U.S. economy in March, triggering a deep recession and causing widespread unemployment.

House Republicans and Democrats Thursday blocked each others' "unanimous consent" requests put forward after President Trump aired grievances to the massive coronavirus stimulus and government funding package.

Unemployment benefits, including the extra money distributed through federal aid programs, count as taxable income.

House Democrats are planning to force a vote this week on increasing the size of the stimulus checks included in the $900 billion coronavirus relief package after President Trump demanded Congress raise the payments from $600 to $2,000 per adult.

The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs.

President-elect Joe Biden has expressed empathy with struggling families and applauded Congress for a passing the coronavirus relief as the nation deals with a COVID-19 surge.

Congress is expected to pass a $900 billion COVID relief bill that includes another round of stimulus checks for most Americans after top negotiators reached a deal over the weekend.

The country's top lawmakers agreed to a COVID-19 relief deal late Saturday night, clearing the way for a vote to seal the relief package on Sunday.

The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy’s recovery.

Congressional negotiators are closing in on a $900 billion COVID-19 economic relief package that would deliver $300-per-week jobless checks and $600 stimulus payments to most Americans.

A bipartisan group of lawmakers is unveiling a proposal for COVID-19 relief as Congress searches for a final agreement. The

It’s being called the “Christmas Cliff.” On Dec. 26, millions of Americans are set to lose their unemployment benefits amid the coronavirus pandemic, adding another layer of stress for those who are jobless this holiday.

Pollstar on Friday released its year-end report, explaining that the live events industry should have hit a record-setting $12.2 billion this year, but instead it incurred $9.7 billion in losses.

Dustin Lancaster, an owner of several restaurants and businesses in Los Angeles county, revealed on social media that his bar would have about $1,500 to pay $10,000 in monthly rent.

The number of people applying for unemployment aid jumped last week to 853,000, the most since September, evidence that some companies are cutting more jobs as new virus cases spiral higher.