Jobless claims up 1% in Utah, still at record levels

The Utah Department of Workforce Services’ main administration building in Salt Lake City. | Kristin Murphy, Deseret News SALT LAKE CITY — The volume of out-of-work Utahns filing for financial assistance is continuing at a historic pace. The Utah Department of Workforce Services reported Thursday the number of new claims for unemployment benefits registered at […]

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Houses passes extension of small business relief program

The House on Wednesday passed a bill extending the Paycheck Protection Program. The extension was approved Tuesday evening in the Senate by unanimous consent, just a few hours before the program was scheduled to end. It gives the Small Business Administration the authority to continue approving Paycheck Protection Program loans through Aug. 8. Nearly 4.9 […]

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The Fed’s fears about another economic downturn later this year may already be coming true

The minutes from the Federal Reserve’s June meeting provide what’s been described as “sobering” look at the future of the United States economy, especially since coronavirus infections have increased significantly in the weeks after it took place. The minutes reveal the participants expressed concerns about a variety of scenarios coming to fruition and suggested “highly […]

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Senate passes extension of small business relief program

The Senate on Tuesday evening passed legislation extending a program helping small businesses amid the coronavirus pandemic. The bill allows the Small Business Administration to keep approving Paycheck Protection Program loans until August 8. The loans can be turned into grants. The bill, which will next head to the House, was approved by unanimous consent, […]

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Walmart to stop selling ‘All Lives Matter’ merchandise

Associated Press Walmart says it will stop selling ‘All Lives Matter’ merchandise Walmart announced Tuesday it will stop selling “All Lives Matter” merchandise, noting it will put an emphasis on Black people and people of color instead. What’s happening: Walmart said “All Lives Matter” materials — often sold from third-party retailers — will be removed […]

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