Another 1.3 million Americans sought unemployment aid last week

The number of laid-off workers seeking unemployment benefits remained stuck at 1.3 million last week, a historically high level that indicates many companies are still cutting jobs as the viral outbreak intensifies.

Missed the tax deadline? Take these steps now

Here are some steps you can take to keep your penalties to a minimum if you were unable to file by July 15.

Most PPP recipients expect to run out of money by August, study finds

A majority of small businesses that tapped the taxpayer-funded Paycheck Protection Program expect to run out of money by the first week of August, according to a Goldman Sachs survey released Tuesday.

Additional $600 a week in jobless benefits about to expire

The additional $600 a week in jobless benefits that became available to those collecting unemployment amid the coronavirus pandemic is slated to expire at the end of the month.

US budget deficit hits all-time high of $864 billion in June

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

Average gas price rises over last 2 weeks

The average U.S. price of regular-grade gasoline increased by 2 cents over the past two weeks, to $2.24 per gallon.

After lobbying, Catholic Church won $1.4B in virus aid

The U.S. Roman Catholic Church used a special and unprecedented exemption from federal rules to amass at least $1.4 billion in taxpayer-backed coronavirus aid.

US wholesale prices fell 0.2% in June as food costs plunged

U.S. wholesale prices fell 0.2% in June as food costs dropped sharply, offsetting a big increase in energy prices.

New "FICO Resilience" score could help consumers in hard times

FICO has just created a new credit score to indicate whether consumers might still be a good risk even in an economic downturn.

July 15 tax filing deadline: A look at IRS penalties

The postponed tax season deadline is July 15, which means some last-minute filers need to take action in order to avoid being penalized by the IRS.

What will the next coronavirus relief bill look like? Congress mulls stimulus checks and back-to-work bonus

As a recent coronavirus resurgence threatens to derail the U.S. economy's gradual recovery from the worst downturn since the Great Depression, the spike in cases has put added pressure on Congress to pass another round of fiscal aid.