Americans' net worth surged by a record 37% from 2019-2022
Americans' net worth surged at a historic pace from 2019 to 2022, a reflection of the pandemic era's tremendous economic swings and the wealth generated from homeownership and financial assets, according to Federal Reserve data released Wednesday.
2023-10-19 01:59
Watchdog agency increases its pandemic unemployment benefits fraud estimate to as much as $135 billion
As much as $135 billion in fraudulent Covid-19 pandemic unemployment insurance claims were likely paid out, according to a report released Tuesday by the US Government Accountability Office.
2023-09-13 06:46
Arkansas hospital sued thousands of patients over medical bills during the pandemic, including hundreds of its own employees
As Covid cases spread in 2020, visitors to the University of Arkansas for Medical Sciences were greeted by a colorful sign put up by grateful neighbors outside the university's medical center: "Heroes Work Here."
2023-09-08 19:26
Covid fraudster used pandemic rescue funds to buy alpaca farm
The pizzeria owner used a $660,000 Covid-era loan to buy a farm, cars, and radio airtime.
2023-09-01 05:27
Ryanair warns the post-pandemic travel boom may be coming to an end
The travel industry has defied a global economic slowdown, enjoying record bookings and profits as pent-up demand following the pandemic fueled spending on air tickets and hotels. But that may be starting to change.
2023-07-24 20:16
Amtrak CEO: Pandemic delayed profitability by years
The CEO of perennially unprofitable Amtrak joked to Congress Tuesday that the fastest track to a financial turnaround would be to stop operating trains and instead "go into the real estate business." But he said he has no intention of doing so.
2023-06-07 00:51
Airlines expect to make $10 billion this year despite economic slowdown
Global airlines should make nearly $10 billion in profit this year as business bounces back from the pandemic, according to a new forecast from the International Air Transport Association (IATA).
2023-06-05 18:17
Filled Broadway seats hit pre-pandemic levels in first full season since Covid
Filled Broadway seats reached pre-pandemic levels in the 2022-2023 season — which is the first full season of shows since Covid first forced theaters to shutter, The Broadway League announced Tuesday.
2023-05-24 23:51