Complaints about long wait times continue plaguing Texas Workforce Commission
Despite the state hiring companies to operate four call centers, the complaint is the same: people with complex problems cannot get through to a TWC agent who can help process their claim.
Employers added 49K jobs last month as US unemployment fell to 6.3%
U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy nearly a year after it triggered a painful recession.
Jobless claims fall to 779,000; layoffs grind on
The number of Americans seeking unemployment benefits fell to 779,000 last week, a historically high total that shows that a sizable number of people are still losing jobs to the viral pandemic.
Democrats urge Biden to cancel up to $50k in student loan debt by executive action
The resolution called on President Biden to take executive action to "administratively cancel up to $50,000 in Federal student loan debt for Federal student loan borrowers" using "existing legal authorities" under the Higher Education Act of 1965.
Who will receive a third stimulus check? What we know so far
Congressional Democrats are barreling ahead on passing a sprawling coronavirus relief plan without any Republican support, likely ensuring that most Americans will receive a third stimulus check.
Lottery lightning strikes twice: Idaho woman wins two lotto jackpots in two days
One woman won $200,000 from a lotto scratch-off ticket on Friday -- then won $300,000 from a different ticket the very next day.
'I am optimistic now': Post-pandemic hiring could rebound quickly
A hopeful view is gaining steam that as vaccinations reach a critical mass, perhaps around midyear, and the government provides further stimulus, the economy and the job market will strengthen much faster than they did after previous recessions.
TWC facing backlog after unemployment benefits briefly expired
The Texas Workforce Commission is once again facing a major backlog. It got swamped with calls after federal unemployment benefits briefly expired.
College student uses GameStop stock earnings to donate Nintendo Switches, games to children’s hospital
A college student donated Nintendo Switches and games to Children’s Minnesota Hospital after making money from his GameStop stocks.
Democrats move forward with Biden's COVID-19 relief bill
President Joe Biden told Senate Democrats on a private call Tuesday that a Republican alternative to his $1.9 trillion COVID rescue plan is insufficient as he urged lawmakers to boldly and swiftly confront the coronavirus pandemic and economic crisis.
Amazon to pay $61.7 million to settle claims it withheld tips from drivers
Amazon will pay nearly $62 million to settle charges with the Federal Trade Commission that it took tips from delivery drivers over a two and a half year period.
10-year-old who used Kwanzaa money to invest in GameStop makes thousands
A 10-year-old San Antonio boy made a killing by selling GameStop stock he was gifted more than a year ago.
Texas AG Ken Paxton launches investigation into Robinhood, hedge funds over GameStop
Texas officials will demand records on user restrictions from the trading app, Robinhood and several online brokerages.
Amid GameStop and AMC frenzy, Citron Research discontinues reports on short selling
The investment firm Citron Research has discontinued its practice of providing reports on short selling. Here’s what that means.
Robinhood tells customers it will allow ‘limited buys’ amid GameStop, AMC trading frenzy
Robinhood, the online trading platform at the center of a speculative frenzy involving shares of GameStop, AMC and other flailing companies, told its customers Thursday that it would be allowing “limited buys” of these companies starting Friday.
GameStop stock frenzy: Robinhood, others limit trading, sparking lawsuit and Senate panel hearing
Robinhood and other online trading platforms moved to restrict trading in GameStop and other stocks that have soared recently due to rabid buying by smaller investors.
GameStop stock price frenzy: What to know
Trading volume has surged in shares of GameStop, AMC Entertainment, as well as Bed Bath & Beyond and BlackBerry, stunning Wall Street firms betting that those stocks would fall.
US economy shrank 3.5% in last year after growing 4% last quarter
Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years.
Unemployment claims drop; still at 847,000 as pandemic rages on
The number of Americans applying for unemployment benefits fell to a historically high 847,000 last week, a sign that layoffs remain high as the coronavirus pandemic continues to rage.
Investment firms back down after Reddit thread sends GameStop shares soaring
Wall Street professionals were counting on GameStop’s stock price to plunge - but an army of smaller investors rallied on Reddit to beat the pros and support the struggling retail chain.