(NEW YORK) -- South Carolina and Montana residents will be cut off from federal pandemic unemployment benefits next month, with Republican governors in each state claiming the payments have led to a workforce shortage. Economists say that's not the case. "Employers are just angry that... Read More.
By CATHERINE THORBECKE, ABC News (NEW YORK) -- SPACs have become the biggest buzzword on Wall Street, and their explosion in popularity has even seeped into Main Street as stories of individual investors striking it rich by "getting in on the ground floor"... Read More.
By CATHERINE THORBECKE, ABC News(NEW YORK) -- Economists and business leaders warn there could be dire consequences if another round of coronavirus stimulus aid isn't approved shortly -- a plausible scenario after President Donald Trump abruptly called off negotiations until... Read More.
By CATHERINE THORBECKE, ABC News(NEW YORK) -- Economic recoveries come in all sorts of shapes -- V, W and L -- and amid the economic devastation of the coronavirus pandemic, there has been copious debate about how the U.S. economy... Read More.