The number of new people claiming unemployment benefits totaled a staggering 6.648 million last week — doubling the record set a week earlier, the Labor Department said Thursday.
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The initial $349 billion pool for emergency loans for small businesses derailed by the coronavirus pandemic has run dry as Republicans and Democrats squabble over how to replenish the relief program.
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Millions of Americans were slated to receive $1200 payments or more from the government this week but many are reporting they received the wrong amount, or that they never received any payment at all, problems the U.S. Treasury says...
he US now has the world's highest number of deaths from Covid-19, with at least 21,692 losing their lives to the virus as of Sunday afternoon. Americans will continue to die in large numbers until our country mounts a coherent...
Like the sinking Titanic, every major bellwether on the U.S. economy is plunging to uncharted depths.
The upcoming week won’t be any exception. The historic pace of layoffs — some 10 million jobs in the last two weeks of March...
Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.
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Chris Hurn, founder of Fountainhead Commercial Capital, has received 7,400 small business loan requests in the past two weeks, more than his business has handled in its five years of existence.
The Lake Mary, Florida-based non-bank lender is just one...
As coronavirus cases start to overwhelm U.S. hospitals, American companies say they're starting to make face masks and other personal protective equipment critically needed by medical staff.
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The International Monetary Fund said the global economy is set to suffer the worst financial crisis since the Great Depression this year as governments worldwide deal with the coronavirus pandemic.
The Washington-based IMF is the latest financial organization placing expectations...
The Problem Solvers Caucus — 50 members of Congress, half Democrats and half Republicans, from across America — has met via video conference nearly every day to debate and govern during the coronavirus pandemic.
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