KEY POINTS “This will lead to airline bankruptcies,” said Sara Nelson, president of the Association of Flight Attendants union. “The Treasury Department is destabilizing the industry, not helping save it.” Nelson’s anger is fueled by the Treasury Department deciding to make 30% of each cash
Framing designer Leticia Bartelle Lorenzoni searches Social Security services on the internet in her house after losing her job at a framing art gallery, during the coronavirus outbreak, in Los Angeles, California on April 1, 2020. APU GOMES Many Americans, now more than ever, are
KEY POINTS President Donald Trump said on Friday that he will not reopen the economy “until we know this country is going to be healthy.” Singapore reported 198 additional cases of Covid-19, taking its tally to 2,108 with six deaths as of Friday noon, according to the country’s
KEY POINTS “A lot is still in play, I think it’s still challenging to get a deal across the finish line,” said Helima Croft of RBC Capital Markets. Even if a deal is reached, however, she said it is unlikely to solve the price situation immediately because
KEY POINTS New York Gov. Andrew Cuomo said coronavirus deaths across the state hit a third-straight daily record with 799 fatalities on Wednesday. While the number of deaths is climbing, the rate of new cases is starting to level off, Cuomo said. But he warned
You may have once pulled your credit report and noticed something called a “hard inquiry.” If you’re new to seeing this, it’s most likely because you applied for credit within the last two years — whether it was for a new credit card or a loan. Before
KEY POINTS More than 16 million Americans have now lost their jobs in three weeks. If you compare those claims to the 151 million people on payrolls in the last monthly employment report, that means the U.S. has lost 10% of the workforce in three
While most Americans will receive a coronavirus stimulus check based on their tax returns, the IRS is urging certain groups that do not typically file taxes to do so as soon as they can in order to receive a payment. The 10 million Americans who