Economy

The number of Americans living in poverty grew by 8 million since May, according to a Columbia University study, which found an increase in poverty rates after early coronavirus relief ended without more to follow. Although the federal Cares Act, which gave Americans a one-time stimulus check of $1,200 and unemployed workers an extra $600 each week, was successful at offsetting…

About 8,000 people landed in Hawaii on the first day of a pre-travel testing program that allowed travelers to come to the islands without quarantining for two weeks if they could produce a negative coronavirus test

The number of Americans seeking unemployment benefits rose last week to 898,000, a historically high number that is evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession that erupted seven months ago

For shoppers who can’t part with Black Friday traditions, Walmart said Wednesday that it still plans to have in-store events featuring deep discounts.

The White House is boosting its offer in up-and-down COVID-19 aid talks in hopes of an agreement before Election Day

The possibility that another round of stimulus checks will reach Americans this year seems to be changing by the day. The Economic Policy Institute’s senior economist, Heidi Shierholz, joined us to explain why a stimulus package is so important for the economy as well as for unemployed Americans.

Stocks are recovering Wednesday after President Donald Trump appeared to backtrack on his decision to halt talks on another rescue effort for the economy.

The White House is trying to salvage its favored proposals for coronavirus aid now that President Donald Trump has ended negotiation with Democrats

Stocks are mixed in Asia despite an overnight decline on Wall Street after President Donald Trump ordered a stop to talks on another round of aid for the economy

Shares are higher in Asia after hopes for economic aid from Washington helped Wall Street recover its losses from the initial shock of learning President Donald Trump had tested positive for the coronavirus

Regal Cinemas is temporarily suspending operations at all 536 of its theaters in the United States this week due to continued revenue losses from the coronavirus pandemic, its parent company Cineworld announced Monday.

Millions of Americans who worked in the industries hit hardest by the viral pandemic are finding that their unemployment has stretched from weeks into months.

Wall Street’s major stock indexes fell on Friday after President Donald Trump tested positive for the coronavirus, but the losses ended up milder than investors braced for early in the morning

The U.S. unemployment rate has dropped to 7.9%, but hiring is slowing and many Americans have given up looking for work

Democrats controlling the House narrowly have passed a $2.2 trillion COVID-19 relief bill Thursday, a move that came as top-level talks on a smaller, potentially bipartisan measure dragged on toward an uncertain finish

The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer

The number of Americans seeking unemployment benefits declined last week to 837,000, according to the U.S. Department of Labor. On Friday, the government will issue the jobs report for September.

Trading has been suspended on the Tokyo Stock Exchange because of a problem in the system for relaying market information.

 House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin held an “extensive conversation” Wednesday on a huge COVID-19 rescue package, meeting face to face for the first time in more than a month in a last-ditch effort to seal a tentative accord on an additional round of coronavirus relief. After a 90-minute meeting in the Capitol, Pelosi issued a...

Stocks rallied on Wall Street Wednesday, but only after zooming up, down and back up again in a fitting end to a wild month and quarter