The GOP is considering a reduced level of extra unemployment benefits through the end of the year, with only $100 extra per week as opposed to the current $600 per week, to help offset pandemic-related woes, CNBC reported. Get the Full Story Complete the form...
The Internal Revenue Service (IRS) and the Treasury Department have collected around 70 percent of the $1.6 billion they sent to deceased Americans by accident as part of the CARES Act earlier this year, according to Federal News Network. Get the Full Story Complete the...
As negotiations on another major stimulus package get underway today in Washington, D.C., a roughly $2 trillion gap exists between the proposal put forth by House Democrats and the plan being hammered out by Senate Republicans. Get the Full Story Complete the form to unlock...
The President Donald Trump administration has shot down propositions to continue the $600-a-week jobless benefits that have buoyed Americans as unemployment reached record highs due to the pandemic, according to the Financial Times (FT). Get the Full Story Complete the form to unlock this article...
Time is running out for Democrats and Republicans to agree on the next stimulus package, as portions of the CARES Act are set to expire in less than two weeks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Despite trimming jobs and minimizing operations as COVID-19 spread earlier this year, large U.S. companies now say that’s not enough. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The number of personal bankruptcy filings, one indicator of the American consumer’s financial health, fell to the lowest level in 15 years from April through June, according to the American Bankruptcy Institute (ABI). Get the Full Story Complete the form to unlock this article and...
If the coming pandemic relief package does not come with a payroll tax cut, President Trump has indicated this week that he will not sign the legislation. The president’s past advocacy for this approach, which could make paychecks lager for workers, has encountered bipartisan resistance,...
Back in April, the news on the retail front was gloomy, to say the least, with sales plunging by a record 16.4 percent. But that was back when the COVID-19 pandemic first hit, triggering an epic economic collapse. Get the Full Story Complete the form...
