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Unemployment benefits aren"t getting taxed - but people may not know that
Even in a "normal" year, the IRS is taxed, the CEO of H&R Block says, adding there's been a lot of "p.....»»
Market Snapshot: Dow slumps 150 points and stock market stumbles as rise in 10-year near 1.5% rattles bulls
The Dow industrials struggle to extend a record run Thursday morning, with investors parsing weekly data on applications for unemployment benefits and other key economic updates......»»
Economic Report: Jobless benefit claims climb to 861,000 and show U.S. layoffs still severe
New applications for U.S. unemployment benefits rose in mid-February to a four-week high of 861,000, showing lots of Americans are still losing their jobs nearly a year after the onset of the coronavirus pandemic......»»
: Requests for unemployment benefits climb to 861,000 and show layoffs still severe
New applications for U.S. unemployment benefits rose in mid-February to a four-week high of 861,000, showing lots of Americans are still losing their jobs nearly a year after the onset of the coronavirus pandemic......»»
TaxWatch: Millions of Americans who were unemployed last year face another shock: A 2020 tax bill they can’t afford
A new bill wants to block federal income taxes on the first $10,200 a person received in unemployment benefits last year......»»
NewsWatch: Americans are draining their checking accounts as stimulus talks drag on
Direct stimulus checks and enhanced unemployment benefits allowed lower-income Americans to increase their checking-account balances by 65% year-on-year in April......»»
Why return to work even if unemployment benefits pay more?
Over 33 million workers have filed for unemployment benefits since the middle of March. The unemployment benefits allow the workers to survive in times of... The post Why .....»»
I haven"t slept soundly since I lost my job, but an extra $600 in unemployment benefits means I can feel less anxious and build my freelance career
GaudiLab/Getty Images I've always worked a "hustle" job on the side, and when I lost my day job a year ago, I decided to focus on turning my freelance writing side gig into a full-time job. I've been receiving une.....»»
Stocks edge higher as healthcare and tech rallies offset gloomy unemployment-claims data
Reuters / Lucas Jackson US stocks climbed on Thursday after weekly jobless claims were less dire than expected. A record 22 million Americans have filed for unemployment benefits over the past four weeks, effectively .....»»
7 ways to make your money stretch further
The coronavirus outbreak has brought tough economic times to the country. If you suddenly find yourself strapped for cash or even living on unemployment benefits, there are a number of simple ways to boost your bucks......»»
Stocks edge higher as healthcare and tech rallies offset gloomy unemployment-claim data
Reuters / Lucas Jackson US stocks climbed on Thursday after weekly jobless claims were less dire than expected. A record 22 million Americans have filed for unemployment benefits over the past four weeks, effectively wiping out all jobs created s.....»»
Massachusetts again shatters record for weekly unemployment claims
Another 181,000 people in Massachusetts filed their initial claims for unemployment benefits last week, as more workers have made the claims in the past two weeks than did all of last year. The new U.S. Department of Labor data measure claims filed.....»»
The New York State unemployment office typically gets 50,000 calls a week. Last week, it got almost 8 million.
REUTERS/Andrew Kelly The number of people calling about unemployment benefits in New York State has spiked to more than 150 times its usual number, according to the sta.....»»
Colorado unemployment-benefit applications surge by more than 1,400% in one week
Colorado received more than 15 times the number of unemployment-benefits claims this week that it did last week, as restaurants, hotels, casinos and other service-oriented industries have laid workers off en masse in response to restrictions meant to .....»»
U.S. weekly jobless claims hit two-and-a-half-year high; mid-Atlantic factory activity plunges
The number of Americans filing for unemployment benefits surged by the most since 2012 to a 2-1/2-year high last week, as companies in the services sectors laid off workers because of the coronavirus pandemic......»»
U.S. jobless claims jump to two-and-a-half-year high; coronavirus blamed
The number of Americans filing for unemployment benefits surged to a 2-1/2-year high last week as companies in the services sector laid off workers because of the coronavirus pandemic that has fractured economic activity......»»
Economic Report: U.S. jobless claims surge 70,000 to 281,000 in mid-March as coronavirus triggers layoffs
The number of Americans who applied for unemployment benefits surged by 70,000 in mid-March to a 2- 1/2-year high as the coronavirus shut down large sections of the economy. And the worst is still yet to come with the crisis triggering waves of layoffs......»»
Economic Report: U.S. jobless claims dip to 211,000 in early March, no sign yet of coronavirus layoffs
The number of Americans who applied for unemployment benefits in early March fell slightly and remained near a 50-year low, indicating the coronavirus epidemic has not caused an influx of layoffs so far......»»
U.S. initial jobless claims climb 8,000 to 219,000
The number of people who applied for U.S. unemployment benefits in late February rose by 8,000 to a one-month high of 219,000, but initial jobless claims still aren't far off from a 50-year low......»»
Rents lift U.S. core inflation; weekly jobless claims rise slightly
U.S. underlying consumer prices picked up in January, while the number of Americans filing claims for unemployment benefits rose slightly last week, suggesting the economy was stable enough for the Federal Reserve to keep interest rates on hold this year......»»