Stimulus Package Update: What Happens To The Economy Without A Second Stimulus?
Spending from the first round of stimulus propped up the economy. But that money is gone, and a more stimulus is unlikely in the coming weeks.
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Spending from the first round of stimulus propped up the economy. But that money is gone, and a more stimulus is unlikely in the coming weeks.
California's Employment Development Department said Wednesday it has cleared about 246,000 of its more than 1.6 million backlogged claims following a two-week "reset" where it stopped taking new applications so it could improve its technology.
More stimulus checks would help suffering Americans and prop up the sagging U.S. economy, but Democrats and Republicans haven't yet agreed on a deal.
The revised HEROES Act, passed by Democrats in the House, would still include stimulus payments and enhanced unemployment benefits.
Stimulus discussions are back on the table in Washington, but time is growing short to deliver a second round of stimulus payments before the election.
Time is running out on a stimulus package passing before the election, even as the need for another stimulus check and additional unemployment payments remains strong.
Unemployed individuals who qualify for an additional $300 under Trump's Lost Wages Assistance program may receive up to six weeks worth of benefits.
The pandemic has hit the US economy and job market hard, battering some industries beyond recognition. That's inspired many job seekers to change careers altogether, according to a new study.
President Trump's Lost Wages Assistance program is intended to increase weekly unemployment benefits, but implementation has been slow.
States react to President Trump's executive order extending additional weekly unemployment insurance payments in the amount of $400.
Unemployment's sizable decline in July still reflects a slowing economic recovery in the face of the unchecked coronavirus pandemic.
With the first round of economic stimulus running out, millions of Americans are about to take a massive hit to their household budget.
From catastrophic call center failures to missing unemployment payments, this is not the first time California's EDD has faced widespread criticism amid the unemployment crisis. Lawmakers are calling for yet another EDD audit — but is it enough to fix the agency?
The end is near for the $600 federal lifeline for millions of unemployed Americans -- even though the economy is still far from recovered from the coronavirus pandemic and new layoffs are being announced regularly.
California added a record 558,000 jobs in June as many more businesses reopened but the gains announced Friday by the state are expected to be short-lived because of new closures put into effect in July as the coronavirus surged.
California's unemployment rate continued to climb in May, reaching 16.3% as businesses struggle under a stay-at-home order meant to slow the spread of the coronavirus but that has ravaged the economy, according to data released Friday.
The unemployment rate took a surprising drop, but while hope exists the road to recovery remains uncertain.
Small business owners are running into problems as they slowly start reopening. Some workers currently on unemployment are now saying they aren't coming back.
California's unemployment rate soared to 15.5% in April as the nation's most populous state lost 2.3 million jobs because of the coronavirus pandemic that shuttered most businesses.
California has quickly repaid a nearly $1.4 billion loan from the federal government used to fund a massive increase in unemployment claims amid the coronavirus pandemic.
Jill Schlesinger, certified financial planner and CBS News business analyst, looks at how to devise a game plan for paying bills when money is tight.
The growing financial crisis is impacting small businesses forcing many workers to turn to unemployment assistance.
Self-employed, part-time, independent contractors and gig workers in California can apply for new unemployment insurance benefits made available through the CARES Act.
People could find it easier to navigate the unemployment benefits system in California. after a new texting system goes into place, Gov. Newsom says.
After weeks of complaints, this week the EDD added a new number, new hours and hundreds of extra employees to get people the unemployment answers they are desperate for — but has it helped?
Five of the eight people arrested in connection with last year's Esparto explosion, which killed seven men, were arraigned in Yolo County court on Monday.
A 5.7-magnitude earthquake in Nevada sent tremors across parts of Northern California on Monday evening.
After last week's deadly shooting on a school campus, community advocates are now urging Natomas Unified to expand programs aimed at preventing youth violence.
A zebra that's become a familiar sight in Placer County was on the loose again Monday, but animal services say the situation ended safely.
President Trump told CBS News senior correspondent Norah O'Donnell that Pope Leo is "wrong on the issues" Monday after lashing out at the pontiff late Sunday in a Truth Social post.
After last week's deadly shooting on a school campus, community advocates are now urging Natomas Unified to expand programs aimed at preventing youth violence.
"I plan to resign my seat in Congress," Democratic Rep. Eric Swalwell said Monday as he faces an expulsion vote.
A zebra that's become a familiar sight in Placer County was on the loose again Monday, but animal services say the situation ended safely.
Five of the eight people arrested in connection with last year's Esparto explosion, which killed seven men, were arraigned in Yolo County court on Monday.
A homeowner in Fairfield armed with a shovel fought off an intruder during a confrontation caught on video, police said.
After last week's deadly shooting on a school campus, community advocates are now urging Natomas Unified to expand programs aimed at preventing youth violence.
A proposed crematorium in Sacramento, which sits within 1,000 feet of homes and an elementary school, is drawing concern from nearby residents who say they fear potential health and air quality impacts.
Last year, six people ran for Sacramento mayor and no one got more than 30% of the vote during the primary election. Now, there's a push to eliminate the primary and allow voters to choose more than one candidate.
A young girl was blindsided near her Natomas home Wednesday afternoon when her mother says a man crouching behind a utility box jumped out and attacked her from behind as she rode her bike.
Friday marks four years since the worst mass shooting in Sacramento history. Since then, police say they've been successful in reducing these types of violent crimes. One advocate says the city still isn't doing enough.
A tornado briefly touched down in Northern California Sunday afternoon as high winds and thunderstorms continued, officials said.
Waters off the coast of California will soon be open to commercial salmon fishing for the first time since 2022.
Californians could see thousands more lightning strikes as more thunderstorms are expected throughout the weekend. The NWS advises people, if "thunder roars, go indoors."
The bill would allow drivers to install federally approved E-85 conversion kits, giving more vehicles access to the lower-cost fuel option.
California lawmakers want schools to include nicotine in drug tests already given to student-athletes, some as young as seventh graders.
Doug Christie will return for a second full season as coach of the Sacramento Kings despite the team having one of the worst seasons in franchise history.
Deni Avdija had 25 points and 10 assists, Jrue Holiday scored 23 points, and the Portland Trail Blazers beat the Sacramento Kings 122-110 to clinch the No. 8 seed and a spot in the Western Conference play-in tournament.
Rory McIlroy of Northern Ireland won the 2026 Masters Tournament at Georgia's Augusta National, claiming his second straight green jacket.
Samuel Basallo hit a two-run homer, Pete Alonso also drove in two runs and the Baltimore Orioles defeated the San Francisco Giants 6-2 on Sunday.
Nick Kurtz hit his first home run this season, sending the Athletics to a 1-0 victory Sunday and a three-game sweep of the slumping Mets.
President Trump told CBS News senior correspondent Norah O'Donnell that Pope Leo is "wrong on the issues" Monday after lashing out at the pontiff late Sunday in a Truth Social post.
"I plan to resign my seat in Congress," Democratic Rep. Eric Swalwell said Monday as he faces an expulsion vote.
The bipartisan House Ethics Committee announced Monday it is investigating Democratic Rep. Eric Swalwell of California.
The 20-year-old suspect is accused of traveling from Spring, Texas, to San Francisco to target OpenAI CEO Sam Altman's home and carry out the attack.
Swalwell faced pressure from his own party to drop out of the race after a former staffer accused him of sexually assaulting her when she was too drunk to consent.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Public health officials say they've confirmed two cases of measles in Sacramento County.
Multiple elephant seal pups along the Northern California coast have tested positive for the deadly avian influenza, or bird flu, according to new research from the University of California.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
Finding the perfect dress isn't easy, but now, selling them could become a lot more challenging.
This weekend, Placer County is hosting its annual Sip Into Spring event, offering free or discounted tastings at more than 20 wineries along what's known as the Placer Wine Trail.
From fruits and veggies to car parts, economists project that businesses will pass along the cost of the tariffs to customers.
An economic blackout was underway Friday as activists nationwide encouraged people not to spend their money at large corporations, retailers and fast-food chains for 24 hours.
San Joaquin County's retail theft reporting app has only been around for six months and is already bringing a sense of calmness to local business owners.
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
This year-long investigation provides an unprecedented look at California's one-party supermajority legislature through the eyes of grieving parents who discover how California lawmakers kill popular bills by not voting.
This year-long investigation by CBS News California investigative correspondent Julie Watts examines the many components of California's new tougher-on-crime law.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The California Highway Patrol captain accused of workers' compensation fraud was the commander in charge of the fatal Mahaney Park shootout in Roseville, three officers who worked under him at the time of the shootout said.
CBS13 and the Call Kurtis consumer investigative team devised an idea on how to lower what consumers owe on their credit cards -- and it begins with a simple phone call.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
After spending $18,000 on waterproof laminate floors, a Natomas couple spotted damage after the first cleaning.
More than a year after Hai Pham canceled the trial membership, he kept getting charged every month for it.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
Six months after a California wildfire destroyed dozens of homes in the Tuolumne County community of Chinese Camp, officials say debris removal is now complete and properties are being returned to their owners.
A man has been arrested and charged in connection with the Tiger Fire that burned 118 acres in California's Amador County last summer and forced evacuations near Pioneer.
A major home developer is rethinking how communities are built in wildfire-prone areas and the future is taking shape in El Dorado County.
San Joaquin County secured a grant aimed at helping to build a wildfire protection plan for the entire county.
More than two dozen structures were destroyed in a wildfire in the eastern Sierra Nevada mountains on Wednesday afternoon, officials said.
A Sacramento County dog picked up thousands of miles from home after he went missing five years ago was reunited with his family on Wednesday.
What started as a suspicious circumstances call for Rancho Cordova police ended with a newborn surprise.
A once-empty lot behind Church of the Cross in north Modesto now hosts a thriving community garden with more than 140 plots and growers from across the globe.
A Sacramento-area middle school history and English teacher is in the running to win big as America's Favorite Teacher, a title her students think she is more than worthy of being awarded.
Junior Romello Bruhn of Woodland Christian High School is closer than ever to scoring 3,000 career points, something only 13 high school athletes have accomplished in California state history.
Kayla Moeller reports.
Dominic Garcia reports.
Nina Burns reports.
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Carmela Karcher reports.