Unemployment claims jump to 744,000 as layoffs persist amid pandemic
The number of Americans applying for unemployment benefits rose last week to 744,000, signaling that many employers are still cutting jobs.
Third round of stimulus checks include ‘plus-up’ payments to those eligible for more money, IRS says
The IRS says these "plus-up" payments will continue on a weekly basis going forward, and go to those who recently filed a 2020 tax return and qualify for more stimulus money.
Hiring ramps up as US adds 916K jobs in March
America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold.
Despite pandemic, study shows Americans optimistic about job market
"It is surprising, especially when one in three reports of the pandemic that we went through knocked them off course in their careers," he said.
Biden signs extension of Paycheck Protection Program for small businesses by 2 months
President Joe Biden singed an extension of the Paycheck Protection Program a day before it was poised to expire, giving small businesses until May 31 to apply.
Detroit Rep. Tlaib introduces bill for $2K relief, $1K recurring monthly payments
The Detroit Congresswoman said a universal basic income would help offset the costs of the pandemic. Rashida Tlaib cited polling that showed bipartisan support for the measure, but the bill remains a longshot in a divided Congress.
Ford to build F-150 trucks without some computers due to semiconductor shortage
Disruptions in the global supply chain are rippling into production as companies like Ford are producing unfinished vehicles that will be held in factories for weeks.
Feds mistakenly gave away $692M in duplicate PPP loans
Some businesses struggled to access loans through the program, a key coronavirus rescue fund
IRS agrees to protect some stimulus checks from debt reductions
The IRS has agreed to not seize some Americans' stimulus check to offset outstanding federal tax debts, according to an agency watchdog.
Wells Fargo, Chase criticized over timing of third stimulus check delivery
Millions of Americans are poised to receive direct cash payments worth up to $1,400.
3 organizations team up to bring mobile showers to the homeless in Detroit
3 organizations committed to helping the homeless team up to bring mobile showers, clothes, and hygiene bags to Detroit.
Whitmer, other mayors praise Covid relief, call lack of agreement during pandemic 'a shame'
Congress just passed one of the biggest relief packages ever, and not one Republican supported it. City and state leaders say it's a shame that the bill passed during a national crisis still drew party-line votes.
Detroit casinos report revenue losses as venues operate under COVID-19 restrictions
Detroit casinos reported that revenues were down as COVID-19 protocols limit capacitites.
As COVID-19 decimates small business, a Michigan pastry chef charges forward with her first storefront
For the first 10 years of baking, Cherelle Mason has operated out of her home and a number of miscellaneous shops. Now, amid one of history's most hostile climates toward small business, she's opening her first storefront in Southfield.
In hopeful sign for economy, US adds 379,000 jobs in February
U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.
Senate GOP forces reading of 600-page COVID-19 relief bill aloud to delay vote
Senate Democrats looking to push the $.19 trillion COVID-19 relief bill through the upper chamber likely face mountains of GOP amendments and other delays that could take days to plow through.
Michigan businesses ask Whitmer to reopen offices for in-person work
Restrictions are still in place that prohibits businesses in Michigan from working in offices when the work can be done remotely.
Last call at 4 a.m? New bill would let Michigan bars stay open later to recoup lost revenue
A Commerce Township Republican has introduced legislation that would let local cities and townships to extend the cutoff for serving alcohol.
Here’s how filing your taxes early could cost you a $1,400 stimulus check
The House is expected to vote on the COVID-19 relief package this Friday.
Michigan announces $52.5M in grants for thousands of small businesses
Michigan Governor Gretchen Whitmer announced that more than $52 million in grants was made available for thousands of small businesses affected by COVID-19 and closures.