Economy

U.K. Furlough Scheme Will End on October 31

The scheme has seen government pay 80% of the wages of company employees up to a limit of £2500 a month, but could not run "indefinitely", the chancellor said.

Trump's Stock Market Gains Once Again Surpass Those of Obama

While Trump and his supporters have pointed to the stock market's rebound as a marker of economic success, tens of millions of Americans remain unemployed as the unemployment rate has surged into the double digits from a low of 3.5 percent in February.

White House Considers Paying Unemployed People to Return to Work

Under Senator Rob Portman's proposal, the federal government would pay $450 a week to those who return to the workforce. Republicans have argued that the extra $600 per week jobless bonus now in place is a disincentive for people to go back to work.

Illinois to Open Over 5,500 Childcare Centers at End of May

Illinois Governor J.B. Pritzker said Friday that childcare facilities would be limited to groups of no more than 10 children each when they reopen on May 29, before being allowed to expand capacity four weeks later.

Congress Is Lost on Stimulus Mountain

As a Montanan and lifelong sportsman, I know what can happen when panic overrides common sense. And sadly, that's what I'm seeing from lawmakers in D.C.

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