Unemployed Americans will lose a vital economic lifeline within days if Congress fails to pass a new coronavirus relief package soon.
Author: Jessica Menton, USA TODAY
‘I need that extra little bit of money to keep the lights on’: How unemployed Americans will cope without an extra $600
The $600 in extra unemployment benefits are set to end this week, dealing a blow to millions of Americans counting on a safety net amid COVID-19.
Moment of truth: Some homeowners expect to struggle to pay mortgage when extra unemployment ends
About half of millennial and Gen X mortgage borrowers say someone in their household is on unemployment. Many worry about paying their mortgage when extra benefits end.
There are two COVID Americas. One hopes for an extension of federal unemployment and stimulus. The other is saving and spending.
The aftermath of the coronavirus recession has split America in two: Those who have emerged from the crisis still financially intact versus others who are shaken.
Stocks steady as banks kick off earnings season
Stocks flipped between gains and losses Tuesday as banks fell after several of them set aside billions to cover losses from businesses and consumers in the wake of the pandemic.
Stocks give up gains in roller-coaster trading
U.S. stocks swung to losses in the final hour of trading Monday, after investors weighed another surge in coronavirus cases with signs of progress for a vaccine.
‘I hide in the bathroom and cry’: Americans struggle with unemployment delays
Thus far, just 57% of unemployment applications have been paid, according to The Century Foundation.
Dow drops 361 points as surging virus cases dim recovery hopes
Stocks slumped Thursday as concerns about another surge in coronavirus cases outweighed optimism over a declining trend in layoffs.
Stocks move higher after selloff despite jump in virus cases
Stocks rose Wednesday following a selloff a day earlier, as investors weighed the prospects of an economic recovery after the U.S. posted a record daily spike in cases.
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