Economy

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.

The economy is tanking, with massive layoffs and bankruptcies. But the richest sliver of the country continues to do quite well.

Democratic candidate Joe Biden is proposing using the federal government’s regulatory and spending power to bolster U.S. manufacturing and technology firms.

“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.

Data from Kronos, which produces work-scheduling software for small businesses, reinforces evidence that the recovery of the job market is faltering.