"The first wave was like a shotgun start and then a brick wall finish because the money ran out," O'Malley said of the first round of stimulus. "When a smaller amount gets made available this time, it's going to be another shotgun start."
The output gap is the difference between expected economic output under current law and possible economic output if the economy were operating at full potential.
"These blanket lockdowns are not grounded in science," Ivanka Trump responded to video of the California restaurant standoff.
"You know what, I quit, I f***ing quit. What is wrong with you people?" the Denny's server told the men in Christian T-shirts, who cited "religious discrimination."
ESPN has laid off about 5,000 employees since 2015. Now, the network has signed a gargantuan contract to land SEC football. This, during a pandemic and cord-cutting.
Leisure travel and "order-in" dining are very different markets, but as an end to the COVID-19 pandemic appears to be in sight, Airbnb and DoorDash are looking to expand by issuing IPOs.
The group, known as The Yes Men, circulated a release that said the central bank's corporate bond buying programme was set to go green. It said the bank would stop buying bonds from oil and gas companies.
As a result of PPP employment requirements expiring, more than 900,000 jobs were lost within the first 4 weeks. This represents approximately 40 percent of the 2.3 million jobs that PPP has been credited with saving.
"God bless the 'Fundraiser of Flavortown,' shame on every single one of our government 'leaders' who have failed them," reads one tweet praising the celebrity chef.
Goldman Sachs is reportedly considering moving part of its asset management branch to Florida.
These last-minute steps can save you a bundle on taxes and healthcare and set you up for a financially better 2021—no matter what Congress does or when it acts on pandemic economic relief.
With millions out of work, it might seem like a risky time to ask for a raise or negotiate a salary offer. But with companies more desperate than ever to hire top talent, it's actually an ideal time—as long as you're smart about how you word the ask.
Endeavor Content hired a doctor to lead the "Health and Safety Team" on the set of "Truth Be Told," a series starring Octavia Spencer and Kate Hudson. He wasn't licensed to practice medicine in California-—or anywhere else.
73 percent of Republicans now say they expect periods of widespread unemployment or depression to take place within the next five years, up from 28 percent last month.
The data also showed that the top 1 percent of loans accounted for more than a quarter of the total loan value.
Proposals for a new round of stimulus checks have been delayed for months, held up by political deadlock in Congress and the election, and experts are skeptical about the noises being made by top decision-makers.
According to the Kaiser Health Foundation, about 49 percent of all Americans get their health insurance from their employer. That raises an important question regarding COVID-19: Can private employers require workers to be vaccinated?
The retailer said the one-time bonuses would go to front-line employees in the United States working in the run up to Christmas.
The strike involves an estimated 2,500 people, the Verdi union said, and is set to last until Saturday, affecting six Amazon distribution facilities across the country.
The Dow Jones Industrial Average's close above 30,000 for the first time in history underscores the underlying strength of the U.S. economy and hopes for a complete recovery from the ravages of the COVID-19 pandemic.
Dr. Anthony Fauci, the country's top infectious diseases expert, told CBS News that people traveling for the holidays "are going to get us into even more trouble than we're in right now".
The former Fed Chair has a mixed record on fiscal policy, having called for debt-reduction measures that are closer to austerity but also touting the need for "extraordinary fiscal support" in the pandemic.