Gap Inc. to shutter 350 stores by 2024 in plan to exit malls
Gap joins other clothing retailers in trying to reinvent themselves during the COVID-19 pandemic.
Gap joins other clothing retailers in trying to reinvent themselves during the COVID-19 pandemic.
Unemployment claims fall to 787,000; layoffs still high
The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.
The number of Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.
Coronavirus relief talks crawl ahead; McConnell is resistant
President Donald Trump’s most powerful Senate ally is pressing the White House not to move ahead on a coronavirus pandemic relief package.
President Donald Trump’s most powerful Senate ally is pressing the White House not to move ahead on a coronavirus pandemic relief package.
McConnell says any Pelosi-Mnuchin COVID-19 stimulus deal would get Senate vote
Senate Majority Leader Mitch McConnell said he'll schedule a vote if House Speaker Nancy Pelosi and the Trump administration are able to seal an agreement on a huge COVID-19 relief bill.
Senate Majority Leader Mitch McConnell said he'll schedule a vote if House Speaker Nancy Pelosi and the Trump administration are able to seal an agreement on a huge COVID-19 relief bill.
China's economy accelerates as coronavirus recovery gains strength
China’s shaky economic recovery from the coronavirus pandemic is gaining strength as consumers return to shopping malls and auto dealerships while the United States and Europe endure painful contractions.
China’s shaky economic recovery from the coronavirus pandemic is gaining strength as consumers return to shopping malls and auto dealerships while the United States and Europe endure painful contractions.
Trump teases stepping in if Republicans oppose multi-trillion dollar stimulus package
President Trump hinted he might intervene if Republican senators don't support a second coronavirus stimulus package worth trillions of dollars, during an interview with Charles Benson of WTMJ4 Milwaukee on Saturday.
President Trump hinted he might intervene if Republican senators don't support a second coronavirus stimulus package worth trillions of dollars, during an interview with Charles Benson of WTMJ4 Milwaukee on Saturday.
Man wins $1.3M jackpot at Atlantic City casino
A New Jersey man became an instant millionaire at an Atlantic City casino.
A New Jersey man became an instant millionaire at an Atlantic City casino.
Layoffs remain elevated as 898,000 seek unemployment aid
The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.
The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.
Social Security checks will increase 1.3% in 2021
Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus and its consequences for older people.
Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus and its consequences for older people.
Grocery chain donates $150,000 to Scottish Rite after fundraiser is canceled
Even though the annual golf tournament was canceled, Central Market still donated $150,000 to Scottish Rite for Children to help the organization provide care for complex pediatric orthopedic conditions.
Even though the annual golf tournament was canceled, Central Market still donated $150,000 to Scottish Rite for Children to help the organization provide care for complex pediatric orthopedic conditions.
Biden hits Trump on economic fallout amid COVID-19 pandemic in critical Pennsylvania county
Democratic presidential candidate Joe Biden is blistering President Donald Trump as only pretending to care about the working-class voters who helped flip the Rust Belt to the Republican column four years ago.
Democratic presidential candidate Joe Biden is blistering President Donald Trump as only pretending to care about the working-class voters who helped flip the Rust Belt to the Republican column four years ago.
Layoffs continue as 840,000 seek unemployment aid
The government will provide its latest picture Thursday of the pace of layoffs in the United States, which have remained high since the viral pandemic erupted in March while federal aid for the jobless has lapsed.
The government will provide its latest picture Thursday of the pace of layoffs in the United States, which have remained high since the viral pandemic erupted in March while federal aid for the jobless has lapsed.
IRS reaching out to millions who have not claimed $1,200 stimulus check
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 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.
Trump says he'd sign off on specific coronavirus relief measures after halting talks
President Trump on Tuesday said he would sign off on specific coronavirus relief measures aimed at helping the airlines and small businesses.
President Trump on Tuesday said he would sign off on specific coronavirus relief measures aimed at helping the airlines and small businesses.
Fed chair warns lack of further COVID-19 stimulus imperils economic recovery
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.
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.
Trump halts COVID-19 stimulus talks until after election
President Donald Trump says he has instructed aides to stop negotiating on another round of COVID-19 relief until after the election.
President Donald Trump says he has instructed aides to stop negotiating on another round of COVID-19 relief until after the election.
Hiring slows for 3rd month; US unemployment rate falls to 7.9%
America’s employers added 661,000 jobs in September, the third straight month of slower hiring and evidence from the final jobs report before the presidential election that the economic recovery has weakened.
America’s employers added 661,000 jobs in September, the third straight month of slower hiring and evidence from the final jobs report before the presidential election that the economic recovery has weakened.
Stock futures plunge after Trump confirms he has coronavirus
U.S. equity futures plunged by more than 1.6%, or 500 Dow points after President Trump confirmed through a tweet that he and the first lady tested positive for coronavirus.
U.S. equity futures plunged by more than 1.6%, or 500 Dow points after President Trump confirmed through a tweet that he and the first lady tested positive for coronavirus.
Layoffs remain high as 837,000 seek unemployment aid
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 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.
Texas Workforce Commission tells unemployed Texans to return $215M in overpayments
The Texas Workforce Commission says it overpaid unemployment benefits to some people by more than $200 million.
The Texas Workforce Commission says it overpaid unemployment benefits to some people by more than $200 million.