Social Security checks will increase 1.3% in 2021

Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus and its consequences for older people.

IRS reaching out to millions who have not claimed $1,200 stimulus check

The head of the IRS, on the defensive over millions of Americans in danger of missing coronavirus relief payments, says the agency is reaching out to low-income and homeless people, military personnel and veterans and those with limited English to notify them they may be eligible.

Layoffs remain high as 837,000 seek unemployment aid

The number of Americans seeking unemployment benefits declined last week to a still-high 837,000, evidence that the economy is struggling to sustain a tentative recovery that began this summer.