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Here's who would profit most from a $600 unemployment extension

Workers in certain sectors of the economy benefit more from the $600 weekly unemployment supplement than others.

5 years ago

If you're making more on unemployment than working it may mean less help with health insurance premiums — and a tax bill

If you get health insurance through either the federal exchange or a state-run marketplace and receive subsidies to help reduce your premiums, earning more than you anticipated may result in owing Uncle Sam next spring when you file your 2020 tax return.

5 years ago

U.S. lawmaker wants insurers and taxpayers to share payouts for future pandemic business losses

U.S. legislation introduced on Tuesday would create a taxpayer-backed insurance program to protect businesses from revenue losses during future pandemics and require insurers to pay a slice of the claims.



5 years ago

What Social Security and SSI beneficiaries need to know now about their $1,200 stimulus checks

Some individuals who rely on government benefits are still waiting to receive their $1,200 stimulus checks. The status of your payment is based on a variety of factors, including whether you have filed tax returns in the past and whether the government has your bank account information. Here's the latest we know on the status of those checks.

5 years ago

U.S. business borrowing for equipment falls about 7% in April: ELFA

U.S. companies' borrowings for capital investments fell about 7% in April from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Tuesday.



5 years ago

French carmaker Renault to cut 5,000 jobs by 2024: Le Figaro

French carmaker Renault is about to announce plans to cut 5,000 jobs by 2024 in its drive to save 2 billion euros ($2.20 billion) in costs, according to a report published Tuesday by Le Figaro.



5 years ago

Oil prices climb, bolstered by ongoing supply curbs

Oil prices rose on Tuesday, supported by signs that producers are following through on commitments to cut supplies and as fuel demand picks up with coronavirus restrictions easing.



5 years ago

Employers are making it easier for workers to tap their 401(k) savings

About 65% of businesses polled by Willis Towers Watson said that they are giving workers easier access to their retirement savings. Here are three reasons you should slow down before you pull cash from your 401(k) plan.

5 years ago

S&P 500 rises on economic recovery and vaccine hopes, pulls back from highs

U.S. stocks closed higher on Tuesday on optimism about the development of coronavirus vaccines and a revival of business activity, but the S&P 500 failed to hold above the key psychological level of 3,000 points.



5 years ago

NYSE reopens trading floor after two-month coronavirus closure

New York Governor Andrew Cuomo donned a face mask and rang the opening bell at the New York Stock Exchange on Tuesday, marking the partial reopening of the trading floor at 11 Wall Street, which had been shuttered since March 23 due to the coronavirus outbreak.



5 years ago

Italy's RCS says it may win damages in dispute with Blackstone after ruling

Milan's Arbitral Tribunal has judged that the contracts over the sale of Italy's RCS headquarters to Blackstone Group Inc in 2013 were valid but found that the purchaser's behaviour may entitle the Italian publisher to compensatory damages, RCS said on Tuesday.



5 years ago

Renault and Nissan rebuild their alliance to ride out the coronavirus storm

When Renault SA , Nissan Motor Co and Mitsubishi Motors Corp announced the last strategy plan for their Alliance in September 2017, the goal was to become the world's biggest automaker by 2022.



5 years ago

Timeline: From boom to bottom: Renault and Nissan bet on deeper cooperation

The Franco-Japanese automaking alliance of Renault SA , Nissan Motor Co and Mitsubishi Motors is banking on a new recovery plan, set to be announced later on Wednesday, to salvage profitability.



5 years ago

U.S. lawmaker wants insurers, govt. to share future pandemic business losses

U.S. legislation introduced on Tuesday would create a taxpayer-backed insurance program to protect businesses from revenue losses during future pandemics and require insurers to pay a slice of the claims.



5 years ago

Google to start reopening offices, targets 30% capacity in September

Alphabet Inc's Google said on Tuesday it would reopen buildings in more cities at roughly 10% of their capacity beginning July 6 and scale it up to 30% in September, if conditions permit.



5 years ago