Buck Bully
Latest Economy News
[Houston Chronicle] The state is trying to claw back tens of millions of dollars in unemployment benefits that it mistakenly paid to thousands of Texans, many of whom have already spent the money and face difficulties paying it back. The Texas Workforce Commission has sent 46,000 notices to jobless workers seeking repayment […]
[CNN] The US unemployment rate fell to 11.1% as the economy added a record 4.8 million jobs in June, the Bureau of Labor Statistics reported on Thursday. The data was far better than economists predicted, and the unemployment rate also fell more than expected. It was the second-consecutive month of growth after more than 20 […]
[CNBC, Reuters] KEY POINTS Washington negotiations over the next coronavirus relief package will likely get serious later this month. Many Americans are hoping for more direct financial relief through stimulus checks and enhanced unemployment. Meanwhile, some lawmakers have also discussed implementing back-to-work bonuses. One political analyst says that all three […]
[Bloomberg, Getty Images] U.S. home-mortgage delinquencies climbed in May to the highest level since November 2011 as the pandemic’s toll on personal finances deepened. The number of borrowers more than 30 days late swelled to 4.3 million, up 723,000 from the previous month, according to property information service Black Knight Inc. […]
[CNBC, GETTY IMAGES] As states gradually reopen, the U.S. economy is showing signs of life after one of the most significant downturns in history. As states gradually reopen, the U.S. economy is showing signs of life after one of the most significant downturns in history. Though many restrictions remain in […]
[CNET] Dead ends, form issues, holdups: Do you meet the requirements for a stimulus payment, but you’re still waiting on your check from the IRS? One of these reasons could explain why it hasn’t shown up. For the most up-to-date news and information about the coronavirus pandemic, visit the WHO website. […]
[CNBC] Creditors generally try to collect what’s owed to them by going after the decedent’s estate during a process called probate. There are instances, however, where the surviving spouse, or another heir, may be legally responsible. Some assets don’t count as part of a person’s estate for probate purposes. It’s […]
[CNN Business] Businesses struggle to rehire workers as states reopen Now PlayingAnother 3 million file unemployment in the last week. New York (CNN Business)Mass unemployment. Mounting bankruptcies. And fears of negative interest rates. It’s a nightmarish time for America’s banks.The mood is so dire that there’s even buzz about a blockbuster merger that […]
[CNBC, GETTY IMAGES] The U.S. dollar was rose on Friday and was set for a small weekly gain as the threat of a second wave of coronavirus infections rattled investors as did a slew of bleak U.S. economic data. Safe-haven assets including the U.S. dollar index were bid on Friday […]
[CNN Business] (New York) The US stock market stands 4% higher today compared to a year ago, despite the death and destruction unleashed by the coronavirus pandemic.Although more than 80,000 Americans have died and over 33 million have lost jobs, Wall Street has swiftly recovered from the initial shock delivered by the health crisis. The […]