Saudi Arabia's state-backed oil company earned $49 billion last year as the pandemic slashed fuel demand around the globe, in what its CEO called "one of the most challenging years in history."
A fierce debate is taking shape within the restaurant industry as a push to raise the minimum wage threatens to upend the tipped wage structures for servers.
The Center for Disease Control and Prevention is moving to extend an order aimed at preventing evictions during the pandemic. Housing groups say the order could prevent up to 1 million evictions.
The Federal Reserve has raised its forecast for economic growth, thanks to an improving public health outlook and trillions of dollars in federal spending.
The latest COVID-19 relief bill passed by Congress has upward of $27 billion for rental assistance to prevent evictions. With so many renters not paying, many landlords are struggling.
Republican Gov. Jim Justice says his plan to cut income taxes will entice throngs of people to move to West Virginia and maybe attract the next major amusement park. Critics say the plan is naive.
Retail sales dropped sharply last month after a winter storm blanketed much of the country's midsection, but forecasters expect a sharp rebound in sales.
2020 made moving a reality for millions. Some moved to be near family. Others achieved their pipe dreams of moving to distant locations in pursuit of a better lifestyle and cheaper cost of living.
Carol Burnett, who heads an advocacy group for child care centers, says the funds will help mothers enormously — "whether they're trying to get out of poverty" or "find a pathway to higher income."
Each of them, to a fault, have backgrounds that reflect their interest in creating an economy that works for more people, especially the vulnerable working class: Black people, Latinos and women.
About 171,000 Georgia children are in families expected to be lifted above the poverty line by the expansion, according to the Center on Budget and Policy Priorities, and another 183,000 living below the poverty line are expected to be brought closer to it. About 91% of Georgians under 18 will benefit from the expansion.
Within days of President Biden signing the relief bill into law, many Americans have been delighted to see bank accounts showing $1,400 deposits already pending.
The live music industry breathed a sigh of relief when Congress passed a $15 billion grant program for struggling venues. But owners still face uncertainty and delays.