Coronavirus pandemic puts Social Security at risk of insolvency by 2030
Bipartisan Policy Institute estimated that the depletion date would jump from 2035 to 2029.
Bipartisan Policy Institute estimated that the depletion date would jump from 2035 to 2029.
Dow surges over 900 points amid coronavirus vaccine progress as lockdowns ease
U.S. equity markets soared Monday after drugmaker Moderna announced progress toward a COVID-19 vaccine and as lockdowns continued to ease nationwide.
U.S. equity markets soared Monday after drugmaker Moderna announced progress toward a COVID-19 vaccine and as lockdowns continued to ease nationwide.
Stocks rally but not enough to erase weekly losses
The Dow Jones Industrial Average climbed 60 points, or 0.25 percent, while the S&P 500 and the Nasdaq Composite rose 0.39 percent 0.79 percent, respectively.
The Dow Jones Industrial Average climbed 60 points, or 0.25 percent, while the S&P 500 and the Nasdaq Composite rose 0.39 percent 0.79 percent, respectively.
US retail sales plunged 16% in April as virus froze economy
U.S. retail sales tumbled 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened stores across the country and weighed down a sinking economy.
U.S. retail sales tumbled 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened stores across the country and weighed down a sinking economy.
Census survey: Most small businesses negatively impacted by COVID-19 pandemic
The new Small Business Pulse Survey from the U.S. Census Bureau highlighted the impact COVID-19 is having on small U.S. stores, retailers and businesses.
The new Small Business Pulse Survey from the U.S. Census Bureau highlighted the impact COVID-19 is having on small U.S. stores, retailers and businesses.
3 million more US layoffs intensify fears of lasting damage
Roughly 36 million people have now sought jobless aid in just the two months since the coronavirus first forced businesses to close down and shrink their workforces, the government said Thursday.
Roughly 36 million people have now sought jobless aid in just the two months since the coronavirus first forced businesses to close down and shrink their workforces, the government said Thursday.
How to get a refund or credit on your car insurance if you’re driving less amid COVID-19 pandemic
Many major auto insurance companies in the U.S. are offering policyholders some sort of refund or credits.
Many major auto insurance companies in the U.S. are offering policyholders some sort of refund or credits.
In coronavirus economy, financial advisers telling clients these 3 key things
Here are three pieces of advice our advisers are sharing with clients to calm fears amid the current market climate.
Here are three pieces of advice our advisers are sharing with clients to calm fears amid the current market climate.
Dow falls 457 points amid fears of coronavirus second wave
U.S. equity markets slid Tuesday as members of President Trump's task force on the coronavirus testified before Congress signaling that virus risks remain as states reopen for business. Additionally, the CDC disclosed fresh data that showed an uptick in U.S. cases of the virus.
U.S. equity markets slid Tuesday as members of President Trump's task force on the coronavirus testified before Congress signaling that virus risks remain as states reopen for business. Additionally, the CDC disclosed fresh data that showed an uptick in U.S. cases of the virus.
Stocks slide as Powell says Fed fighting worst slump since WWII
U.S. stock markets tumbled Wednesday after Federal Reserve Chairman Jerome Powell said the central bank will take further steps to combat the worst downturn since World War II.
U.S. stock markets tumbled Wednesday after Federal Reserve Chairman Jerome Powell said the central bank will take further steps to combat the worst downturn since World War II.
Applications for Houston rental assistance program closed in under 2 hours after money runs out
The program opened for tenants to apply at 10 a.m., but by 11:34 the funds were tapped out.
The program opened for tenants to apply at 10 a.m., but by 11:34 the funds were tapped out.
Harris Co. Commissioner proposes property tax relief for seniors
Harris County Precinct 2 Commissioner Adrian Garcia initiative would wipe out Harris County property taxes for those over 65 years of age whose homes are valued at less than $260,000.
Harris County Precinct 2 Commissioner Adrian Garcia initiative would wipe out Harris County property taxes for those over 65 years of age whose homes are valued at less than $260,000.
Houstonians can apply for rental assistance up to $1,056 for April, May on Wednesday
The agency will provide up to $1,056 in rental assistance per month to qualified low-to-moderate income people who could not pay their April and/or May rent. Enrollment in the program will be accepted until all available funds have been committed.
The agency will provide up to $1,056 in rental assistance per month to qualified low-to-moderate income people who could not pay their April and/or May rent. Enrollment in the program will be accepted until all available funds have been committed.
Possible second-round of stimulus checks as millions still await first round
Here's a look at several proposals from President Trump and Congress as they consider different ideas for a second-round of stimulus payments.
Here's a look at several proposals from President Trump and Congress as they consider different ideas for a second-round of stimulus payments.
Nasdaq leads charge as more states ease lockdowns
U.S. equity markets gained Monday despite concerns U.S. states are reopening too quickly after an uptick in COVID-19 cases in Asia.
U.S. equity markets gained Monday despite concerns U.S. states are reopening too quickly after an uptick in COVID-19 cases in Asia.
Waiting for coronavirus stimulus check? Direct deposit information is due Wednesday, IRS says
If taxpayers don't provide their direct deposit information by noon on May 13, they'll have to wait to receive their payment by mail.
If taxpayers don't provide their direct deposit information by noon on May 13, they'll have to wait to receive their payment by mail.
Distinct possibility: ‘Temporary’ layoffs may be permanent
Call it realism or pessimism, but more employers are coming to a reluctant conclusion: Many of the employees they’ve had to lay off in the face of the coronavirus pandemic might not be returning to their old jobs anytime soon.
Call it realism or pessimism, but more employers are coming to a reluctant conclusion: Many of the employees they’ve had to lay off in the face of the coronavirus pandemic might not be returning to their old jobs anytime soon.
Unemployment 'could be' nearing Great Depression levels: Mnuchin
More than a decade of job gains were erased in April; the stunning job losses are more than double what the U.S. saw during the 2008 financial crisis.
More than a decade of job gains were erased in April; the stunning job losses are more than double what the U.S. saw during the 2008 financial crisis.
Elon Musk threatens to exit California and move Tesla to Texas over coronavirus restrictions
Tesla CEO Elon Musk threatened Saturday to pull the company’s factory and headquarters out of California in an escalating spat with local officials who have stopped the company from reopening its electric vehicle factory.
Tesla CEO Elon Musk threatened Saturday to pull the company’s factory and headquarters out of California in an escalating spat with local officials who have stopped the company from reopening its electric vehicle factory.
Lost your job? Here's what you need to know
Nearly 33.5 million Americans have lost their jobs and applied for unemployment benefits in the past 7 weeks — a stunning record high that reflects the near-complete shutdown of the U.S. economy.
Nearly 33.5 million Americans have lost their jobs and applied for unemployment benefits in the past 7 weeks — a stunning record high that reflects the near-complete shutdown of the U.S. economy.