COVID-19 and the Economy

The head of the IRS, on the defensive over millions of Americans in danger of missing coronavirus relief payments, says the agency is reaching out to low-income and homeless people, military personnel and veterans and those with limited English to notify them they may be eligible.

The Trump administration has announced plans to sharply limit visas issued to skilled workers from overseas.

Federal Reserve Chair Jerome Powell warned that a recovery from the COVID-19 pandemic recession could falter unless the federal government supplies additional stimulus relief.

President Donald Trump says he has instructed aides to stop negotiating on another round of COVID-19 relief until after the election.

Cineworld Group Plc said Monday that 536 Regal cinemas in the U.S. and 127 Cineworld and Picturehouse venues in the U.K. would close on Thursday. Some 45,000 employees are affected.

The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.

The Treasury Secretary says a potential coronavirus relief package will include another round of checks for Americans.

The Texas Health and Human Services Commission will provide approximately $196 million in emergency SNAP food benefits.

Disney is laying off 28,000 U.S.-based employees across its Parks, Experiences and Products division due to continued struggles caused by the coronavirus pandemic, the company announced in a statement on Tuesday.

A new study conducted by the Pew Research Center found that about half of Americans who lost their jobs due to the COVID-19 pandemic are still jobless.

Cuban tweeted that 128 million households in the country should be given $1,000 every two weeks for the next two months with a stipulation that they spend the money in 10 days or lose the money.