ExxonMobil to cut 1,900 US jobs, largely from Houston management offices
ExxonMobil said the reductions will be both voluntary and involuntary and will largely come from its management offices in Houston.
American unemployment claims fall to 751,000; coronavirus resurges
The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March but a figure that remains historically high and indicates the viral pandemic is still forcing many employers to cut jobs.
US economy grew at 33% rate in 3rd quarter but recovery is incomplete
The U.S. economy grew at a 33.1% annual rate in the July-September quarter — by far the largest quarterly gain on record — rebounding from an epic plunge in the spring.
Options to avoid foreclosure for homeowners exiting forbearance or that can't pay mortgage
Many homeowners are struggling to make mortgage payments in this economic crisis but haven't taken advantage of forbearance programs and could face foreclosure.
Pelosi 'remains optimistic' about COVID-19 relief package before Election Day
Despite failing on Monday to come to an agreement on a coronavirus stimulus package, House Speaker Nancy Pelosi "remains optimistic" that a deal with the White House can be reached before Election Day.
Stocks plunge as COVID-19 cases surge in US
The stock market had its worst day in a month as virus cases surge and help for the economy from Washington remains nowhere in sight.
Italy closes gyms, shuts eateries early amid rising COVID-19 cases
Italy’s leader has imposed at least a month of new restrictions to fight rising coronavirus infections, shutting down gyms, pools and movie theaters and putting an early curfew on cafes and restaurants.
Unemployment claims fall to 787,000; layoffs still high
The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.
Quibi is shutting down, citing low subscriptions amid COVID-19 pandemic
A short six months after promising to revolutionize video viewing, short-form streaming service Quibi raised a white flag Wednesday and announced it was shutting down.
Coronavirus relief talks crawl ahead; McConnell is resistant
President Donald Trump’s most powerful Senate ally is pressing the White House not to move ahead on a coronavirus pandemic relief package.
12-year old Katy girl creates game to aid in financial literacy
Ava McGill created a game to help kids around the world learn how to save money.
McConnell says any Pelosi-Mnuchin COVID-19 stimulus deal would get Senate vote
Senate Majority Leader Mitch McConnell said he'll schedule a vote if House Speaker Nancy Pelosi and the Trump administration are able to seal an agreement on a huge COVID-19 relief bill.
China's economy accelerates as coronavirus recovery gains strength
China’s shaky economic recovery from the coronavirus pandemic is gaining strength as consumers return to shopping malls and auto dealerships while the United States and Europe endure painful contractions.
Even with COVID-19 coverage safety net, recovered patients hit with hefty hospital bills
COVID-19 can do more than torment patients physically. It also clobbers some financially.
DOJ charges Houston billionaire in $2 billion tax fraud scheme
Department of Justice officials said that Texas billionaire Robert Brockman hid capital gains income over 20 years through a web of offshore entities in Bermuda and Nevis and secret bank accounts in Bermuda and Switzerland.
Walmart raising wages for 165,000 employees
Walmart has started giving approximately 165,000 hourly workers a raise.
Layoffs remain elevated as 898,000 seek unemployment aid
The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.
Michigan man wins $1 million lotto prize after winning $5,000 the week before
A lucky man in Michigan won $1 million from a lottery ticket, just days after winning $5,000 the week before.
Mitch McConnell slates October revote on GOP COVID-19 relief plan
Senate Majority Leader Mitch McConnell says that he’s scheduling a procedural vote on a GOP COVID-19 relief bill for next week.
Social Security checks will increase 1.3% in 2021
Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus and its consequences for older people.



















