Millions of Americans who lost jobs during the pandemic are in danger of having their incomes cut for a second time. The sudden halt in payments would be felt in households and throughout the economy.
As Congress returns from its recess, the sticking points in another pandemic relief package include unemployment benefits. Plus, here are five more things to watch this week.
North Minneapolis was hit hard in the uprising following George Floyd’s killing. The destruction spread to more than 100 businesses — many of them locally owned shops that were already flat on their backs from the economic fallout from COVID-19.
Enhanced unemployment benefits to help offset the economic blow from the COVID-19 pandemic expire soon if Congress doesn't act. Some employers think those increased benefits have kept people from returning to the workforce.
The leading manufacturer of N95 masks in the U.S. says it has investigated 4,000 reports of fraud, counterfeiting and price gouging in connection with the product and has filed 18 lawsuits.
Stores, supermarkets and gas stations are grappling with low supplies of pocket change. The national shortage is due in part to people going out less to spend money during the pandemic.
Target, CVS Health and Publix Super Markets on Thursday joined the growing list of major retailers that will require customers to wear masks as cases of COVID-19 spike. Target's policy will go into effect Aug. 1., while CVS's rule will start Monday.
U.S. stores and restaurants got a boost in June as retail sales jumped 7.5 percent. Spending on clothes doubled. But this was before a new surge in the coronavirus prompted renewed shutdowns in some states.
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