coronavirus economic impact

Unemployment Claims Spike Again in the Final Weeks of Trump Term

Unemployment claims have spiked again. The Department of Labor (DOL) reports that unemployment claims in the first full week of…

5 days ago

Labor Department Ensures Americans Unemployment Benefits Won’t Lapse Despite Trump Signing Delay

The Department of Labor (DOL) says unemployment benefits won't lapse despite President Donald Trump's delay in signing a new Covid-19…

3 weeks ago

Steve Mnuchin Confirms Stimulus Checks Will Go Out Next Week

United States Treasury Secretary Steven Mnuchin has confirmed that Americans could see $600 stimulus checks as soon as next week.…

4 weeks ago

Report: U.S. Economy Only Added 245,000 Jobs in November as Lawmakers Continue Work on Stimulus Deal

The Bureau of Labor Statistics reported this morning that the United States economy added just 245,000 jobs in November on…

2 months ago

76 U.S. Mayors Endorse Biden and Harris, Renew Calls for Covid Relief for Small Businesses

A group of 76 United States mayors has endorsed Joe Biden and Kamala Harris in an open letter that also…

3 months ago

Study: 8 Million More Americans Are in Poverty After Stimulus Talks Collapsed

A Columbia University study found that eight million more Americans are in poverty after coronavirus relief stimulus talks collapsed, a…

3 months ago

Trump Says He’s Considering a Larger Coronavirus Relief Package

Negotiations over more coronavirus relief legislation have largely faltered, and President Donald Trump says he's considering a larger relief package,…

3 months ago

Ted Cruz: Election Could Be “A Bloodbath of Watergate Proportions” for Republicans

Senator Ted Cruz (R-Texas) warned that the upcoming election could be "a bloodbath of Watergate proportions" for the GOP if…

3 months ago

Trump Says Coronavirus Relief Talks Have Restarted, Just Days After He Ended Negotiations

President Donald Trump says coronavirus aid talks have restarted, just days after he shocked financial markets by announcing he'd ordered…

3 months ago

Trump Calls on Pelosi and Appears to Reverse Course on Stimulus in Early Morning Tweet

President Donald Trump, who yesterday announced he had instructed Republicans not to negotiate a coronavirus financial stimulus package until after…

3 months ago

Republican Massachusetts Governor Slams Senate’s Attempts to Confirm SCOTUS Nominee While Delaying Virus Relief

Massachusetts Governor Charlie Baker (R) rebuked the Senate's attempts to confirm a nominee to replace the late Justice Ruth Bader…

4 months ago

Biden Endorsed by Group of Nobel Prize-Winning Economists

A group of 13 Nobel Prize-winning economists has announced their endorsement of Democrat Joe Biden in November's general election. The…

4 months ago

Wall Street: Chances Of Congressional Stimulus Are “Effectively Zero”

Wall Street analysts say the chances of Congress approving a federal stimulus package are "effectively zero" now that the conversation…

4 months ago

Trump Calls Dems “Heartless” Despite Senate’s Refusal to Vote on Dem Coronavirus Relief Proposal

President Donald Trump called Democrats "heartless" and accused them of blocking vital coronavirus relief as the pandemic continues to wreak…

4 months ago

Coronavirus Pandemic Caused Trump’s Net Worth to Drop $600 Million in Last Year

The novel coronavirus caused President Donald Trump's net worth to drop $600 million in the last year,¬†Forbes reported, placing him…

4 months ago

Trump Attacks Democrats, Claiming They’ll End Economic Shutdowns After Election

President Donald Trump took to Twitter this morning to attack Democrats, claiming that economic shutdowns to slow the spread of…

4 months ago

Trump Boasts About Jobs Numbers Despite High Unemployment and Lack of Virus Relief

President Donald Trump boasted about the latest report from the Bureau of Labor Statistics (BLS) that found employers added 1.4…

5 months ago

Unemployment Continues to Rise After Another 1 Million Filed for Benefits Last Week

According to the latest data released by the Department of Labor (DOL), another 1 million American workers filed for first-time…

5 months ago

Over 1 Million Unemployment Claims Filed Last Week with No Relief in Sight

Over one million unemployment claims were filed last week, according to new data from the Department of Labor (DOL), rising…

5 months ago

Trump’s Net Worth Has Dropped $300 Million in One Year as the Pandemic Hurts His Businesses

President Donald Trump's personal net worth has dropped $300 million in one year as the coronavirus pandemic hurts his businesses,…

5 months ago

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