Elon Musk becomes richest person in the world, surpassing Jeff Bezos
Move over, Jeff Bezos. There's officially a new richest person on the planet: Elon Musk.
Parents could get up to $1,100 in stimulus money per child born in 2020
Parents who had one or more children born in 2020 could receive up to $1,100 in extra stimulus money per child, according to IRS guidelines.
Mega Millions, Powerball jackpots are above $400 million each
Both the Mega Millions and Powerball jackpots have soared to more than $400 million each, with drawings to be held Tuesday and Wednesday.
AMC aims to sell $125M in stock due to coronavirus pandemic, say SEC filings
Movie theater intends to sell millions more shares to survive pandemic
Unemployment benefit claims unexpectedly fall as coronavirus lockdowns widen
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.
Here's how to check the status of your 2nd stimulus check
Individuals with direct deposit information on file with the IRS will receive their second stimulus check quicker.
Student loan forgiveness: How it might unfold and who might benefit
Federal lawmakers have a plan to cancel student loan debt. And if they can’t get it passed in Congress, they say President-elect Biden could do it on his own through executive order.
McConnell blocks immediate Democratic push for $2,000 stimulus checks
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.
Second stimulus check for $600 could disperse soon, though Congress could still boost amount
The latest round of proposed stimulus checks for Americans comes with a few caveats. Here’s how to find out if you qualify to receive the money.
McConnell praises Trump for signing COVID-19, government funding bills
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.
Las Vegas slots player wins $15.5M jackpot on Christmas Eve
The Suncoast Hotel and Casino reported a man named Kevin won nearly $15.5 million from one of its slot machines Thursday night.
'It does break my heart a little bit': A bleak Christmas for America's unemployed
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.
House Dems will try to pass $2,000 stimulus checks this week after Trump signals support
House Democrats are planning to force a vote this week on increasing the size of the stimulus checks included in the $900 billion coronavirus relief package after President Trump demanded Congress raise the payments from $600 to $2,000 per adult.
Layoffs remain elevated as 803,000 seek unemployment aid
The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs.
New rule could require servers to share their tips with co-workers, US Department of Labor says
Servers may have to share tips with co-workers who have traditionally not received tips in the past, according to a new rule announced by the U.S. Department of Labor.
House, Senate vote to OK $900 billion COVID-19 relief bill
House and Senate leaders planned votes for Monday but the final measure was still being finalized.
$600 stimulus checks could roll out before end of 2020 — here’s how to find out if you qualify
There are few caveats with the latest round of proposed stimulus checks for Americans. Here’s how to find out if you qualify to receive the money.
Starbucks to raise minimum wage to $15 for US employees over next 3 years
The increase is more than double the current federal minimum hourly wage, for nonexempt employees.
FBI warns public against falling for 'money mule' schemes
According to the FBI, the crime involves witting and unwitting victims acting as money mules to move illegally-obtained money between different payment accounts—often in different countries—on behalf of others.
US economy will return to pre-pandemic levels by second-half of 2021, experts predict
The U.S. economy's growth is likely slowing as 2020 comes to a close, but a growing number of economists expect it to claw back to its pre-pandemic strength by the second half of next year.