Author: Jessica Menton, USA TODAY

More than 5 million people filed for unemployment benefits last week as the USA grapples with a historic economic shutdown to curb the coronavirus.

If your federal student loans are in default there’s good news: You get a temporary reprieve on wage garnishment and a stimulus check.

You might not get 💸

Struggling borrowers typically must make the first move to receive help from their lenders if they’re suffering financial hardship from the pandemic.

Americans have received conflicting information on when they will receive stimulus checks. But there’s good news: checks will hit their bank accounts soon.

The Treasury Department and the Internal Revenue Service launched a new web tool on Friday that will allow Americans to register for stimulus payments.

U.S. stocks rose Thursday after the Federal Reserve said it would provide $2.3 trillion in support for the economy.

Managing your 401(k)

Stocks rose Wednesday after Sen. Bernie Sanders dropped out of the U.S. presidential race, adding to gains as hopes grew the number of coronavirus cases were beginning to fall.

Uncle Sam is doling out $1,200 in stimulus relief checks to millions of Americans soon. But many say it won’t be enough to cover their bills.