Florida sees rise in new unemployment claims, officials say

That represented an increase of 135,000 from the prior week, which was the first week with fewer than 1 million new unemployment applications since coronavirus lockdowns began.

US unemployment claims jump back above 1 million in face of coronavirus

The coronavirus recession struck swiftly and violently. Now, with the economy still in the grip of the pandemic five months later, the recovery looks fitful and uneven — and painfully slow.

Amazon to add 3,500 jobs within these US tech hubs

Amazon Inc. announced plans Tuesday to expand operations and add thousands of jobs within six major U.S. tech hubs across the country.

White House pushes compromise on post office funding, stimulus checks

Chief of Staff Meadows signals Trump would sign bill with stimulus checks, liability protection for small businesses, PPP extension and post office funding.

US retail sales rise for 3rd month amid COVID-19 pandemic but slowdown expected

The gains of the past three months have now restored retail purchases to their levels before they plunged in March and April when the pandemic shuttered businesses and paralyzed the economy.

Democrats, White House remain at odds as talks on COVID-19 relief stall

The White House’s top negotiator is trying to revive stalled talks over coronavirus aid. Treasury Secretary Steven Mnuchin reached out to the Democratic leaders Wednesday.

US budget deficit climbs to record $2.81 trillion

The Treasury Department says the U.S. budget deficit climbed to $2.81 trillion in the first 10 months of the budget year.

Consumer prices in the US rose 0.6% in July, matching June uptick

The uptick was about twice what economists expected. But inflation remains in check: Consumer prices are up just 1% over the past year.

Stein Mart files for bankruptcy, may close all 281 stores

Discount department store Stein Mart revealed Wednesday that it filed for Chapter 11 bankruptcy, saying it plans to close a "significant portion, if not all" of its 281 stores nationwide.

Summer jobs for young people are vanishing amid the COVID-19 pandemic

The iconic summer job for high school and college students has been on the wane for nearly 20 years. But the pandemic is squeezing even more young people out of the workforce.

Will Americans get a second $1,200 stimulus check? What we know

The fate of a second stimulus check was thrown into uncertainty last week when White House officials and Democratic leaders missed a self-imposed deadline to cut a deal on another round of emergency coronavirus aid.

Amazon reportedly looking to transform shuttered JCPenney, Sears stores into fulfillment centers

Amazon, celebrating the boom in e-commerce, is in discussions with Simon Property Group, the largest U.S. mall owner by number of malls with 204 properties, the Journal reported, citing people familiar with the matter.