Money

AP: US inmates got virus relief checks, and IRS wants them back

Hundreds of thousands of dollars in coronavirus relief payments have been sent to people behind bars across the United States, and...

CNN: ‘Pandemic pricing’ is here. Rents are dropping across the US

At the end of May, Ilana Freund landed a deal on an apartment in New York City where she will be attending...

NPR: The Rich Have Stopped Spending And That Has Tanked The Economy

The wealthiest American households are keeping a tight grip on their purse strings even as their lower-income counterparts are spending a lot...

CNN: Mnuchin says ‘we can’t shut down the economy again’ regardless of rising coronavirus cases

Treasury Secretary Steve Mnuchin said Thursday that the US economy will not be shut down again, despite a continued rise in coronavirus cases -- more...

NPR: Market Meltdown: Dow Dives 1,800 Points On Worries Of 2nd Coronavirus Wave

Stocks plunged Thursday amid reports of a second wave of coronavirus cases, as well as a warning from Fed officials that the economy...

NPR: It’s Official: U.S. Economy Is In A Recession

It may seem obvious, with double-digit unemployment and plunging economic output. But if there was any remaining doubt that the U.S. is...

AP: US unemployment drops unexpectedly to a still-high 13.3%

WASHINGTON (AP) — U.S. unemployment dropped unexpectedly in May to 13.3% as reopened businesses began recalling millions of workers faster than economists...

VOA: Nearly 2 Million More Americans Seek Jobless Benefits

The pace of applications for U.S. unemployment compensation eased again last week, the Labor Department reported Thursday, as many American employers slowly...

CNN: Nail salons, tattoo parlors and barber shops are finding creative ways to keep earning cash

People with remote-unfriendly jobs are improvising ways to stay in business during the pandemic. Nail salons are mailing out...

NPR: For Many, $600 Jobless Benefit Makes It Hard To Return To Work

Preschool teacher Lainy Morse has been out of work for more than two months. But the Portland, Ore., child care center where...

BBC: Will coronavirus change Germans’ love of cash?

‘Cash is king’ has long been the motto of German consumers and small business owners – but Covid-19 is bringing rapid...

NPR: About Half Of U.S. Homes Lost Wages During Pandemic, Census Bureau Finds

The coronavirus pandemic has taken a hit in the paychecks of close to half of U.S. households, the Census Bureau says.

Anouncement

Illinois Community Pledge provides common focus on COVID-19 safety

University of Illinois at Urbana-Champaign students, faculty members and staff are invited to sign a voluntary pledge that reinforces the need for...

[Illinois] Eight projects awarded funding for AI research to mitigate COVID-19

CHAMPAIGN, Ill. — Eight University of Illinois at Urbana-Champaign projects are among 26 to receive the first C3.ai Digital Transformation Institute awards for artificial...

Research Park Offers FREE Technology Training Program, Application Now Open

CHAMPAIGN -- The University of Illinois Research Park is launching a free technology training program to increase skills in programming and data...

[Illinois] Tests optional for fall 2021 freshman applicants

Students applying for fall 2021 freshman admission to the University of Illinois at Urbana-Champaign will not be required to submit SAT or...