Economy

On Friday, the government is expected to report that the pace of hiring has slowed significantly after a brief rebound in the spring.

“The abrupt loss of this financial support will have a devastating ripple effect across communities and all across our entire commonwealth," said Governor Wolf.

Delaware will use $10 million in CARES Act funding to provide job training and employment resources to those laid off during the COVID-19 pandemic.

The central bank has blunt instruments at its disposal, which are not tailored to economics of racial groups. Biden wants the Fed to more explicitly factor in POC outcomes.

April’s record-breaking rebates are long gone as car sales pick up, but experts say that doesn’t mean potential buyers can’t get a good deal.

The coronavirus triggered the sharpest economic contraction in modern history in the second quarter as the pandemic hammered the economy, the Commerce Dept. said Thursday.

PPP money isn’t supposed to go to businesses primarily engaged in lobbying. Pa. lobbyists who received the money say it’s only part of their business.

While Senate Republicans struggled to roll out their own $1 trillion proposal, Pelosi implored the White House and GOP lawmakers to stop the infighting.

Last week’s pace of unemployment applications — the 18th straight week it’s topped 1 million — was up from 1.3 million the previous week.

The $600-a-week federal supplement was designed to make the average worker whole during the worst economic downturn in at least four decades.

Millions who lost jobs during the pandemic are in danger of having their incomes cut again. The sudden halt in payments would be felt in households and throughout the economy.

Avoid a run on uniforms? Hold off on notebooks? Parents weigh which approach is best as they await decisions on school reopenings.

Black and Latinx business owners have been hit harder by the pandemic than their white counterparts, but have been less likely to receive federal aid.

The virus is forcing businesses and consumers to freeze spending and keeping the unemployment rate stubbornly high.

The plan eliminates overtime for hundreds of thousands of postal workers and says employees must adopt a "different mindset” to ensure the Postal Service survives COVID-19.