President Joe Biden plans to take executive action to provide a stopgap measure of financial relief to millions of Americans.
Fewer Americans applied for unemployment benefits last week, lowering claims to 900,000, still a historically high level that points to further job cuts in a raging pandemic.
U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.
The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs.
President-elect Joe Biden is imminently expected to outline his plans for additional stimulus measures as the U.S. battles surging COVID-19 cases.
Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.
Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses — an unusual and harsh feature of the pandemic recession that flattened the economy last spring.
U.S. employers shed jobs last month for the first time since April, cutting 140,000 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses.
The number of cranes seen in Phoenix is an indicator of sorts for the Valley's economy, and that is good news for Phoenix.
The November gap between what America buys from abroad compared to what it sells abroad rose by 8% from the October deficit of $63.1 billion.
The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months.
Sen. McConnell and other Republicans scuttled efforts for a standalone vote.
The number of Americans filing for first-time unemployment benefits fell last week amid a rise in COVID-19 infections and new restrictions aimed at slowing the spread of the disease.
With new stimulus checks on the horizon, a local business expert is sharing tips for how to use the money if you're eligible.
Arizona's minimum wage will jump to $12.15 an hour on Jan. 1, while Flagstaff's will increase to $15 an hour.
Senate Majority Leader Mitch McConnell on Tuesday blocked Democrats' push to immediately bring President Donald Trump's demand for bigger $2,000 COVID-19 relief checks up for a vote.
As Americans await another round of stimulus payments, those who are unemployed are also expecting a bump in benefits as well -- but the timing of the president's signature may have actually cost the state millions of dollars.
Senate Majority Leader Mitch McConnell praised President Trump late Sunday for signing a $900 billion pandemic package and a $1.4 trillion government funding bill to avert a government shutdown.
College students, older dependents are among individuals who won't receive second stimulus check.
Millions of Americans have been jobless since the viral pandemic ripped through the U.S. economy in March, triggering a deep recession and causing widespread unemployment.