Relief measures from the CARES Act are set to end, including a $600 jobless benefit, eviction moratoriums, suspensions of utility disconnects.
Author: Paul Davidson, USA TODAY
Can the Fed’s Main Street loan program save midsize companies during COVID-19 crisis?
The Fed’s Main Street Lending Program drew a strong response from banks after launching last week. But critics say it should encourage riskier loans.
Stocks endure biggest drop since March on concerns about economic recovery, coronavirus spikes
Global stock markets tumbled Thursday after the Federal Reserve signaled a long path to recovery from the devastation of the coronavirus pandemic.
1.5M more workers file for unemployment even as many Americans return to work amid COVID-19
An additional 1.5 million Americans filed first-time jobless claims as layoffs persist even as states reopen economies.
COVID-19 pandemic will hurt retirement nest eggs more than Great Recession, new survey shows
Seven in 10 say COVID-19 affects retirement plans, says TD Ameritrade survey provided exclusively to USA TODAY. Many tap nest eggs, cut contributions
Fed signals interest rates will likely stay near zero at least through 2022 amid COVID-19
Fed hold rates near zero, signals they’ll stay there amid coronavirus crisis and renews vow to use “full range of tools” to support economy.
It’s official: The US is in a recession, ending longest expansion in history
The United States has entered a recession, ending the longest expansion in U.S. history, the National Bureau of Economic Research said Monday
Defying predictions, economy gains 2.5M jobs and unemployment dips to 13.3% as businesses start to reopen amid COVID-19
The U.S. economy added 2.5M jobs in May as the U.S. economy reopened businesses shuttered by the coronavirus pandemic. 8 million job losses were forecast.
‘Signs of stabilization’: Hiring picks up in these industries as coronavirus layoffs ease and states reopen
As COVID-19-related layoffs ease, hiring picks up in some industries
Another 1.9 million workers seek jobless benefits as layoffs persist even as states reopen economies
1.9 million workers file for unemployment even as states begin letting businesses reopen after coronavirus shutdowns. Claims are a gauge of layoffs.