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The number of people seeking unemployment benefits is up for the first time since March

Jul 23, 2020
The rise in weekly jobless claims to 1.4 million underscores the outsize role the unemployment insurance system is playing as a safety net.
The Labor Department said Thursday that roughly 32 million people are receiving unemployment benefits.
Mark Felix/AFP via Getty Images

Mattel banks on keeping kids busy during the pandemic

Jul 23, 2020
Mattel has pivoted, playing to the moment at hand with marketing like "play is never canceled" and an emphasis on family activities.
Hot Wheels cars, a Mattel product, weren't flying off the shelves during the pandemic like other games. So Mattel has pivoted.
Justin Sullivan/Getty Images

Pandemic unemployment benefits have kept people spending

Jul 23, 2020
Economists say the additional $600-a-week benefit has boosted the whole economy and contributed to job growth.
A person fills out an unemployment benefits application. The addition of $600 a week has enabled many Americans to keep spending and support businesses.
Olivier Douliery/AFP via Getty Images

Some unemployed workers must prove they're looking for jobs to get benefits

Jul 22, 2020
States had suspended the requirement in the early weeks of the crisis, but some have now brought it back.
Justin Sullivan/Getty Images

How the loss of $600 a week will impact jobless people we've been following

Jul 22, 2020
For some people, moving might be an option. For others, not much might change.
An applicant fills out an unemployment benefits form in Virginia. Temporary relief payments are scheduled to end soon.
Olivier Douliery/AFP via Getty Images

Where did all the coins go?

Jul 22, 2020
The Federal Reserve is hoping a task force can solve the shortage of change in the economy.
A number of economic factors, including lower-than-normal labor force participation, declining immigration, and  retirements among Baby Boomer-aged workers means that labor shortages may persist well into the future.
Photo by Brad Lee/AFP via Getty Images

Rent relief funds quickly overwhelmed by need

Jul 22, 2020
In Los Angeles, more than 220,000 people applied to the city’s rent relief fund, but there is only enough money to help 50,000 people.
Brandon Bell/Getty Images

For public good, not for profit.

Oil-rich countries have been hit hard by the pandemic. How can they move on?

Oil prices are still far below the break-even point for many producers in the Middle East.
Transitioning away from oil, for countries that depend on the industry, is easier said than done.
Joe Raedle/Newsmakers

U.S. accuses hackers of stealing trade secrets, vaccine data for China

The Justice Department indictment says two hackers worked with the Chinese government to steal intellectual property from companies around the world.
Alastair Pike/AFP via Getty Images

A virtual Comic-Con means opportunities, for some

Jul 22, 2020
For the first time in its 50-year history, San Diego Comic-Con has been canceled. Organizers are moving some events online.
San Diego gets about $149 million in economic benefit from Comic-Con. Pictured: Cosplayers attend the 2019 Comic-Con International.
Matt Winkelmeyer/Getty Images