Stocks jump on banking M&A talk, coronavirus vaccine progress
U.S. equity markets curbed losses and finished at session highs as financials led on renewed M&A speculation and comments from President Trump signaled the U.S. could have a coronavirus vaccine by year-end.
U.S. equity markets curbed losses and finished at session highs as financials led on renewed M&A speculation and comments from President Trump signaled the U.S. could have a coronavirus vaccine by year-end.
36 million have sought US unemployment aid since virus hit
Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.
Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.
Gov. DeSantis says he may extend moratorium on evictions, foreclosures through May
A statewide ban on foreclosures and evictions is about to expire in Florida. The governor issued the order in early April as many were left unemployed due to the coronavirus pandemic. State lawmakers say the order is set to expire on Sunday.
A statewide ban on foreclosures and evictions is about to expire in Florida. The governor issued the order in early April as many were left unemployed due to the coronavirus pandemic. State lawmakers say the order is set to expire on Sunday.
Powell warns of a possible sustained recession from pandemic
Additional rescue aid from government spending or tax policies, though costly, would be “worth it if it helps avoid long-term economic damage and leaves us with a stronger recovery,” Federal Reserve Chair Jerome Powell said.
Additional rescue aid from government spending or tax policies, though costly, would be “worth it if it helps avoid long-term economic damage and leaves us with a stronger recovery,” Federal Reserve Chair Jerome Powell said.
Some say they're making more money being on unemployment than working
As restaurants and other businesses reopen in Arizona, they will be calling furloughed and laid off workers back as the state begins to recover from the coronavirus pandemic.
As restaurants and other businesses reopen in Arizona, they will be calling furloughed and laid off workers back as the state begins to recover from the coronavirus pandemic.
Coronavirus prompts Twitter to allow employees to work from home 'forever'
Facebook, Google have also make work-from-home optional until next year.
Facebook, Google have also make work-from-home optional until next year.
As Trump urges reopening, thousands getting sick from COVID-19 on the job
Recent figures show a surge of infections in food-processing plants as well as at construction sites and elsewhere.
Recent figures show a surge of infections in food-processing plants as well as at construction sites and elsewhere.
DES launches Pandemic Unemployment Assistance Program, but problems persist
As the COVID-19 pandemic continues to impact everyday life, officials with the Arizona Department of Economic Security announced on Monday the launch of the state's Pandemic Unemployment Assistance program.
As the COVID-19 pandemic continues to impact everyday life, officials with the Arizona Department of Economic Security announced on Monday the launch of the state's Pandemic Unemployment Assistance program.
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.
Receiving extra coronavirus unemployment benefits? How to avoid a big tax hit
The benefits are taxable at the federal level and by most states.
The benefits are taxable at the federal level and by most states.
Local organization works hard to put laid off employees back to work
A local organization is helping those who have found themselves out of work because of the pandemic.
A local organization is helping those who have found themselves out of work because of the pandemic.
Businesses change how they operate to keep people safe during pandemic
Businesses are changing the way they do things in an effort to get the doors open and keep people employed during the coronavirus pandemic.
Businesses are changing the way they do things in an effort to get the doors open and keep people employed during the coronavirus pandemic.
Newsom: Tesla and other manufacturers may be able to resume next week
Manufacturing companies like Tesla may be able to legally reopen next week, Gov. Newsom said.
Manufacturing companies like Tesla may be able to legally reopen next week, Gov. Newsom said.
Natural Light seeking virtual summer intern to sip beer and help create its next big drink
The intern will be tasked with helping to create the next big Natural Light drink. It pays $40 an hour.
The intern will be tasked with helping to create the next big Natural Light drink. It pays $40 an hour.
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.
New unemployment numbers include 3 members of one SoCal family
For Shelly Gates, Mother's Day is going to be tough. "There's not really anything to celebrate now."
For Shelly Gates, Mother's Day is going to be tough. "There's not really anything to celebrate now."
Stocks surge as economic recovery hopes put record unemployment in the rearview mirror
The Dow Jones Industrial Average gained over 455 points, or 1.91 percent, while the S&P 500 and the Nasdaq Composite rose 1.69 percent and 1.58 percent, respectively.
The Dow Jones Industrial Average gained over 455 points, or 1.91 percent, while the S&P 500 and the Nasdaq Composite rose 1.69 percent and 1.58 percent, respectively.
Jobless rate spikes to 14.7%, highest since Great Depression
The unemployment rate could reach 16% or more. Twenty-one million jobs may have been lost in April.
The unemployment rate could reach 16% or more. Twenty-one million jobs may have been lost in April.
Arizona still struggling to process unemployment claims
Arizona’s social services agency continues to struggle to process unemployment claims.
Arizona’s social services agency continues to struggle to process unemployment claims.