Furloughed Universal employees will be auto-enrolled into Florida's unemployment system

Part-time workers at Universal Orlando Resort will be furloughed starting May 3rd and they will be auto-enrolled into Florida's unemployment system, the park confirmed.

Tips for helping small businesses stay afloat during the coronavirus pandemic

Many small businesses are trying to navigate through the COVID-19 pandemic, some forced to lay off workers, shutter their doors, with no luck getting federal assistance. But financial experts say there are some ways to keep the cash coming in even if you’re not getting a lifeline from the government. 

Conservative group sues to stop California aid to undocumented immigrants

Newsom is offering $500 apiece to 150,000 unemployed adults who were left out of the stimulus package approved by Congress because of their immigration status.

Ruth's Chris Steakhouse owner to return $20M in small business loans

Ruth’s Chris Steakhouse owner, Ruth’s Hospitality Group, announced Thursday that it is repaying $20 million in coronavirus aid received under the Paycheck Protection Program after the Treasury Department asked publicly traded companies to return the funds meant for small businesses.

New home sales plunge 15.4% in March as virus hits

Sales of new single-family homes dropped to a seasonally adjusted annual rate of 627,000 last month, according to the U.S. Department of Commerce.

Social Security and Medicare funds at risk even before coronavirus pandemic

For Social Security, the projected 2035 date for exhausting the trust fund reserves means that it would be able to pay only 79% of benefits.

Dow tumbles 631 points as oil selloff deepens

The Dow Jones Industrial Average tumbled 515 points, or 2.18 percent, in the opening minutes of trading. The S&P 500 and Nasdaq Composite dropped 1.76 percent and 1.2 percent, respectively.

AP: Publicly traded firms get $300M in small-business loans

The Paycheck Protection Program was supposed to help small businesses, which typically have less access to quick cash and credit.

Congress’ $300B package for small businesses may only last days: report

Bank officials have reportedly warned that the $450 billion package to replenish the earlier small business emergency fund will likely run out of money in just a few days.

Florida among slowest states to process unemployment claims

New data shows that nearly 7 of every 8 Floridians who managed to file claims during the three weeks from mid-March until early April were waiting to have them processed — the worst rate in the country.