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Red Ink Overflowing: In June, U.S. Borrows A Typical Year's Worth
The federal deficit ballooned last month as the government tried to cushion the blow from the coronavirus pandemic. The red ink in June alone totaled $864… -
'Devastated': As Layoffs Keep Coming, Hopes Fade That Jobs Will Return Quickly
"What we're seeing now is that lots more people who are unemployed are going to be unemployed for a longer period of time," economist Nick Bunker says. -
Kanye West? The Girl Scouts? Hedge Funds? All Got PPP Loans
WASHINGTON (AP) — The government’s small business lending program has benefited millions of companies, with the goal of minimizing the number of layoffs… -
Boston Tavern Pivots To 'Plan B' To Try To Survive The Pandemic
This is the first in an ongoing series of stories following the struggle of one restaurant trying, like many, to reinvent itself in order to survive the… -
No More Delays: What To Know About The July 15 Tax Deadline
The federal government postponed the traditional April 15 filing deadline until July 15. -
'We Need Help': People At Higher Coronavirus Risk Fear Losing Federal Unemployment
Many people with underlying medical conditions are worried about what's going to happen at the end of the month. It's not currently safe for many of them… -
Trump Signs Small Business Loan Program Extension
President Trump signed legislation Saturday extending the deadline for small businesses to apply for the Paycheck Protection Program, enacted in the weeks… -
US Adds 4.8 Million Jobs As Unemployment Falls To 11.1%
The nation has now recovered roughly one-third of the 22 million jobs it lost to the pandemic recession. -
Wallets Are Already On Lockdown: People Pare Spending As Sunbelt Cases Surge
Texas Governor Greg Abbott imposed new limits on bars and restaurants Friday, one day after declaring he didn't want to move backwards and shut down… -
Audit: US Sent $1.4B In Virus Relief Payments To Dead People
A government watchdog says nearly 1.1 million relief payments totaling some $1.4 billion went to dead people in the government’s coronavirus aid program.