FTC warns of ‘large scale’ unemployment fraud scam amid coronavirus pandemic

The Federal Trade Commission (FTC) is warning of a “large-scale scam erupting in the midst of the coronavirus pandemic” involving impostors who are filing claims for unemployment benefits using the personal information of people who have not filed any claims. 

1.9 million seek jobless aid even as reopenings slow layoffs

Nearly 1.9 million people applied for U.S. unemployment benefits last week, evidence that many employers are still cutting jobs even as the gradual reopening of businesses has slowed the pace of layoffs.

Stocks fight for gains after Trump vows to quell rioting

U.S. equity markets fought for gains Tuesday after President Trump threatened to deploy the military to quell violence and looting in cities across America after the death of a black man in police custody in Minneapolis.

41 million have lost jobs since virus hit, but layoffs slow

About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed.

Stocks pare gains fueled by America's reopening

U.S. equity markets were mixed Wednesday as U.S. states continued with their plans to reopen America.

Rental companies selling cars at discounted prices following halt on travel amid COVID-19 lockdowns

As Hertz Global Holdings Inc., files for bankruptcy following a near-halt on most travel amid the coronavirus pandemic, rental companies have reportedly begun selling much of their fleets in an attempt to survive the devastating economic impacts of the COVID-19 lockdowns. 

Stocks soar on reopening optimism

U.S. equity markets surged to their best levels in months as states continued to reopen and as traders returned to the New York Stock Exchange for the first time since shutting down on March 23 to slow the spread of COVID-19.

Wedding videography company denies refund after man's fiancee dies, taunts him on website

After Justin Montney’s fiance died in a car crash, he reached out to get a refund on his $1,800 deposit. The company said it was nonrefundable, and the back and forth began.

Credit cards that can save you money on groceries, gas

The consumer site Nerdwallet recently researched credit cards that can save you the most money when you buy groceries, gas, or just about anything else.

Deadline approaching for laid-off workers to get health insurance

Taxpayer-subsidized health insurance is available for a modest cost — sometimes even free — across the country, but few people seem to know how to find it.

Stocks post weekly gains after quiet Friday session ahead of Memorial Day

U.S. equity markets slipped Friday but registered solid weekly gains as investors focused on the reopening of the American economy while also keeping tabs on Chinese President Xi JInping's efforts to tighten his grip over Hong Kong ahead of the Memorial Day weekend. 

NC man wins $1 million in lottery after asking family members to each pick a number

In order for Jonathan Gonzalez, a North Carolina resident, to win the lottery, his own luck wasn’t enough. So he called upon his entire family to each pick a number, a decision which would win him $1 million. 

Nearly 39 million have sought US jobless aid since virus hit

Roughly 38.6 million people have now filed for jobless aid since the coronavirus forced millions of businesses to close their doors and shrink their workforces, the Labor Department said Thursday.

Stocks rally as more states reopen economies

U.S. equity markets maintained gains Wednesday even though the Federal Reserve, in the April minutes, warned the coronavirus may carry 'considerable risk' for the U.S. economy.