President-elect Joe Biden’s $1.9 trillion coronavirus relief plan proposes a third round of stimulus checks of $1,400 for most Americans. Yet while that could extend a helping hand to millions of households still suffering from the pandemic’s economic fallout, it could be months until the payments arrive, analysts say. The relief package’s price tag is likely to face […]
Painter Guy Stanley Philoche, a star in the New York art world, had wanted to treat himself to a fancy watch after a hugely successful gallery show. Then the pandemic hit, and he feared for all the struggling artists who haven’t been so lucky. So he gave up his $15,000 Rolex dreams and went on […]
If you’re unemployed, pay close attention to your claim. The State is re-evaluating whether you should get state unemployment benefits if you’re currently receiving federal money. If you’ve been on unemployment since the pandemic began, you probably know the drill. It’s happened twice already — it’s called the quarter change. Basically, according to the rules […]
The stock market continues to be volatile and the job market is still in worse shape than where it was before Covid-19 plunged the United States into recession. But there is still one undeniable bright spot for America’s economy: the housing market. Mortgage applications are rising, thanks to record low rates. The Federal Reserve is planning to keep rates interest rates […]
Sunflower Discount Market is expanding outside of Lee County, adding a location in Englewood. Since the coronavirus pandemic began, people have been trying to save money wherever possible. Cindy Wissink is no exception. “Not cut corners but maybe just have better savings and still be able to buy quality food. That’s obviously going to be […]
Bruges mayor Dirk De fauw first realized something was desperately wrong with European tourism when on a brisk March morning he crossed the Burg square in front of the Gothic city hall and there was nothing but silence. “There are always people. Always,” De fauw said. That morning? “Nothing. Nobody is on that large square” […]
Airline travel is bouncing back — but so are American coronavirus cases. That spike could put the aviation rebound in reverse. United Airlines presented sobering facts to employees Monday that bookings are tumbling as COVID cases soar. Also hurting travel demand: regulations in New York, New Jersey and Connecticut that mandate travelers from the pandemic’s US […]
The jobs crisis created by the pandemic will last years. That’s according to a new report from the Organization for Economic Cooperation and Development, which said Tuesday that unemployment is far worse than what followed the 2008 financial crisis and will persist at elevated levels at least until 2022. The Paris-based agency encouraged countries to extend unemployment benefits and […]
Businesses large and small have been affected by COVID-19 here in the state of Florida and all across the country. But one Cape Coral organization is giving business owners some much-needed relief. The Cape Coral Community Redevelopment Agency (CRA) has recently established a loan program that was designed to assist businesses with their rent or […]
More than 4.4 million laid-off workers applied for U.S. unemployment benefits last week as job cuts escalated across an economy that remains all but shut down, the government said Thursday. Roughly 26 million people have now filed for jobless aid in the five weeks since the coronavirus outbreak began forcing millions of employers to close […]