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.
$600 COVID-19 stimulus checks to hit bank accounts as soon as Tuesday night, Mnuchin says
U.S. Treasury Secretary Steven Mnuchin said some Americans could receive $600 COVID-19 stimulus checks as soon as Tuesday night as a second round of payments begins rolling out.
Here's what to expect from the COVID stimulus bill
Here's who wins and loses out with the next round of federal stimulus money.
Renters and landlords face an uncertain future as eviction moratorium is set to expire
By the end of January, some renters behind on their monthly rent payments could receive notices telling them to vacate.
Trump spends Christmas holiday golfing as Americans await COVID-19 relief
President Donald Trump spent his Christmas golfing in Florida as a government shutdown looms and COVID relief hangs in the balance.
Ship containing massive container cranes headed for Port of Oakland to dock at Drakes Bay
Before the largest container cranes to be shipped to the Port of Oakland arrive, a ship crew will be "lowering the booms" in order to clear both the Golden Gate and Bay bridges.
'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 GOP, Dems stymie requests to reconsider stimulus, spending package after Trump grievances
House Republicans and Democrats Thursday blocked each others' "unanimous consent" requests put forward after President Trump aired grievances to the massive coronavirus stimulus and government funding package.
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.
Trump asks Congress to amend $900B COVID-19 relief bill, increase stimulus checks to $2,000
The bill that was passed by Congress establishes a temporary $300 per week supplemental jobless benefit and a $600 direct stimulus payment to most Americans, but President Donald Trump said he wants lawmakers to increase the check amounts to $2,000 per person or $4,000 for married couples.
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.
Congress reaches deal on COVID-19 relief, stimulus checks for Americans
Top Capitol Hill negotiators sealed a deal Sunday on an almost $1 trillion COVID-19 economic relief package.
US airport traffic rising despite holiday travel warnings
More than 1 million people have passed through U.S. airport security checkpoints in each of the past two days in a sign that public health pleas to avoid holiday travel are being ignored.
Fight over Fed powers stalls $900 billion aid plan
An arcane battle over emergency Federal Reserve powers is frustrating efforts to lock down an agreement on an almost $1 trillion COVID-19 economic relief package.
US jobless claims rise to 885,000 amid resurgence of coronavirus
The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy’s recovery.
California's growth rate hits record low as more people leave state
California saw its slowest growth rate on record for the nation’s most populous state, adding just 21,200 people during the year that ended in July.
California’s commercial crab season to open December 23
There could be Dungeness crab for Christmas after all. The California Department of Fish and Wildlife announced Friday commercial crab season will open statewide on Wednesday, Dec. 23.
Unemployed Americans losing benefits on Dec. 26 face bleak holiday season
Unemployed people interviewed by KTVU expressed disappointment with the lack of enduring economic support during a pandemic, and lamented the loss of a comfortable and joyous holiday season.
US budget deficit up 25.1% in first 2 months of budget year
The Treasury reported that with two months gone in the budget year, the deficit totaled $429.3 billion, up from $343.3 billion last year.