President Donald Trump is scheduled to meet with executives from the energy sector on Friday afternoon, including the president and CEO of the industry’s largest […]
Trump’s small businesses lending program is a failure to launch
One day after the launch of a $350 billion loan program designed to rescue millions of small businesses pummeled by the coronavirus pandemic, technical glitches […]
Seeking coronavirus relief, investment firm with ties to Kushner emails Kushner, Trump admin
The co-founder of a huge private equity firm sent an email this week to Jared Kushner and other Trump administration policymakers seeking to relax rules […]
The coronavirus economic crisis is here. Unemployment office workers are on the front lines.
When Simone Nelson was finally able to reach someone from the unemployment office in New York state on Tuesday, she was overjoyed. Nelson, 22, had […]
As unemployment skyrockets, should the government be doing more to supplement companies?
With March’s 701,000 job loss characterized by many as just the tip of the iceberg, experts are re-evaluating the best way to keep Americans at […]
Out of work because of coronavirus, struggling to file for unemployment
“States are having a real problem right now,” said Heidi Shierholz, an economist with the Economic Policy Institute, a liberal-leaning think tank. “We are in […]
Wall Street slightly higher after pricing in huge jobs decline
Stocks ticked gingerly upward on Friday morning, as investors evaluated new data that shows a continuing collapse in the country’s labor force due to the […]
U.S. economy lost a total of 701,000 jobs in March
The U.S. economy lost a total of 701,000 jobs in March, bringing a record 10-year streak of employment gains to a halt as the coronavirus […]
Legal ‘loan sharks’ may be exploiting coronavirus to squeeze small businesses
If the merchants fall behind on their payments, some lenders send threatening emails and texts and even pay visits to borrowers’ homes to try to […]
Nearly half of states don’t have enough funds to pay all those unemployment claims
Even as states are struggling to process a record number of jobless claims, experts warn that even greater challenges loom: A Labor Department report found […]
Wall Street posts modest gains after volatile day and brutal unemployment data
Wall Street posted modest gains on Thursday, after a volatile day that included brutal unemployment data that showed 6.6 million Americans filed for first-time jobless […]
Banks warn of ‘utter chaos’ in new small business lending program
Millions of small businesses are anxiously awaiting their slices of a $350 billion relief program that forms part of the government’s $2 trillion economic support […]
Farmworkers ‘harvesting America’s food supply’ amid coronavirus pandemic fight for safety
California has ordered all residents to stay home because of the threat of COVID-19, but thousands of farmworkers like Mariana are still showing up at […]
From payment relief to blood drives, big brands are pivoting to match the message to the moment
From payment relief to blood drives, big brands are switching out their high-energy promotions for more muted social messaging that aims to bring thoughtful pause […]
A record 6.6 million Americans filed for unemployment last week
A record 6.6 million Americans filed for unemployment benefits last week, the latest brutal reminder of the toll the coronavirus pandemic is taking on the […]