IRS admits to erroneously sending $34M in COVID-19 stimulus funds overseas
The IRS acknowledged that it was responsible for sending $34 million worth of COVID-19 stimulus checks to ineligible people living outside of the United States.
California paid $400 million in jobless benefits to inmates
California sent about $400 million in fraudulent unemployment benefit payments to state prisoners, a state official said Tuesday, nearly triple the amount disclosed last week and a number that could grow as a criminal investigation continues.
Biden: Coronavirus relief package during lame-duck period likely 'just a start'
President-elect Joe Biden added that his transition team was “already working” on additional relief measures to be proposed in the next session of Congress.
Biden unveils economic team at critical moment for recovery
President-elect Joe Biden on Tuesday introduced top advisers he says will help his administration rebuild an economy hammered by the coronavirus pandemic.
McConnell says 'no reason' coronavirus relief shouldn't pass by year's end
Lawmakers have just weeks to reach terms on an agreement before Congress adjourns for the year on Dec. 21.
Statewide mask mandates stimulate the economy, study suggests
A study from the University of Utah found that when statewide mask mandates were implemented, as opposed to mandates issued and enforced at the local level, COVID-19 cases decreased and economic activity increased.
Coronavirus aid, federal funding remain unresolved as Congress returns
Congress is returning to Washington for one last attempt at deal-making this year.
Oldest toy store in Los Angeles fights to survive pandemic
Kip’s Toyland at the Original Farmers Market was supposed to have a celebration marking 75 years in business this October. Instead, the oldest toy store in LA is struggling to survive.
Black Friday crowds thin amid surging COVID-19 pandemic as retailers push online sales
In normal times, Black Friday is the busiest shopping day of the year, drawing millions of shoppers eager to get started on their holiday spending. But these are not normal times.
US economy sprints toward normal in 2021 but with coronavirus scars
With the help of COVID-19 vaccines and, possibly, more government relief, the U.S. economy may return to normal by the second half of next year.
1 in 10 Americans did not have enough food to eat last week, according to the US Census Bureau
As people continue to lose jobs in a crippled economy during the ongoing COVID-19 pandemic, the uncertainty of providing food for a full household only adds to the stress.
Amid COVID-19 pandemic, local businesses hope online sales will help them stave off disastrous year
With the ongoing COVID-19 pandemic, many local retailers have turned to e-commerce as a way to stay in business.
Oklahoma organization offering $10K if you move to Tulsa for remote work
Tulsa Remote is an incentive program offering $10,000 to out-of-state remote workers who move to Oklahoma.
12 million Americans will soon lose unemployment benefits—can they expect a stimulus?
When 12 million Americans will be cut off from unemployment benefits the day after Christmas, how will they pay the bills?
Economists urge Congress to send out second round of $1,200 stimulus checks
A group of more than 125 economists is calling on Congress to send out more direct cash payments to American families to help them weather the coronavirus pandemic and subsequent economic downturn.
Guitar Center files for Chapter 11 bankruptcy amid ongoing COVID-19 pandemic
Guitar Center has filed for Chapter 11 bankruptcy, citing financial hardships due to the ongoing COVID-19 pandemic.
Report: 12M Americans to lose jobless benefits day after Christmas
According to findings by The Century Foundation, a policy research institute, 12 million workers will be on one of two main CARES Act programs — Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC) — when funding expires on Dec. 26.
Netflix's 'Tiger King' star Jeff Lowe accused of inhumane treatment, improper handling of animals
The U.S. Justice Department filed the complaint in federal district court in Muskogee, Oklahoma.
Unemployment claims increase to 742,000 as COVID-19 cases surge
The number of Americans seeking unemployment aid rose last week to 742,000, the first increase in five weeks and a sign that the resurgent viral outbreak is likely slowing the economy and forcing more companies to cut jobs.
Amid event cancellations, COVID-19 pandemic hitting businesses hard in Tempe
With events getting cancelled as a result of the ongoing COVID-19 pandemic, businesses at one East Valley city are suffering.