While many Republicans have said the weekly unemployment benefits during Covid-19 encourage people not to work, Gene Marks says some US small business owners actually support the $600 weekly benefit. About 30 million unemployed Americans are now on tenterhooks waiting to see if the $600-a-week federal unemployment benefit created by the Cares Act will be renewed. As the political row […]

Last-ditch negotiations at the US Congress to forge another stimulus package for the coronavirus-ravaged economy have collapsed in stalemate. Democrats and Republicans remain at odds over everything from unemployment benefits to financial aid for schools to cash injections for states’ coffers. The US unemployment rate stands at 10.2%, higher than any level during the 2008 financial crisis. Jobless benefits have […]