Fraudulent Charges Appearing On Bank Of America EDD Debit Cards Of 350,000 Unemployed CaliforniansSomething very scary is happening to thousands of unemployed Californians who receive their government benefits through a Bank of America debit card - their accounts are getting drained by fraudsters.
California EDD Freezes 350,000 Unemployment Benefit Debit Cards Over Fraud ConcernsAt least 350,000 debit cards filled with money for unemployment benefits in California have been frozen because of suspected fraud, state officials said.
California Unemployment Rate Dips To 11%; 96,000 Jobs Added In SeptemberCalifornia has regained more than a third of the 2.6 million nonfarm jobs the most populous state lost to the coronavirus pandemic in March and April, state officials said Friday.
Market Strategist Warns 'Pain Felt On Main Street Quite Distinct From What's Reflected In Stock Market'In an economy beset by pandemic-induced hardship, why is Wall Street thriving while Main Street is struggling?
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.
California's Unemployment Backlog Shrinks to 1.3 MillionOfficials from California’s unemployment benefits agency said Wednesday it cleared about 246,000 of its more than 1.6 million backlogged claims following a two-week "reset" where it stopped taking new applications and focused on improving its technology.
Stimulus Check Latest: Timeline For When Americans Could Receive Next PaymentMore 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.
Organized Crime Exploits Security Flaws In California EDD Program Locking Out Thousands Of Legitimate ClaimsThe Employment Development Department reopens for business this week. The agency is promising major security changes after a government strike team found rampant inefficiencies and fraud. One big reason for much of the problem is organized crime.
Stimulus Check Latest: Revised HEROES Act, Passed By House, Includes $1200 Payment; $600 Additional UnemploymentThe revised HEROES Act, passed by Democrats in the House, would still include stimulus payments and enhanced unemployment benefits.
Stimulus Check Update: What's The Latest On A Second Payment Package?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.
Stimulus Check Update: Will Americans See More Financial Aid 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.
Trump's Additional $300 Unemployment Benefits Could Now Last Up To Six WeeksUnemployed individuals who qualify for an additional $300 under Trump's Lost Wages Assistance program may receive up to six weeks worth of benefits.
Trump's Additional Unemployment Benefit: What We Know Right NowPresident Trump's Lost Wages Assistance program is intended to increase weekly unemployment benefits, but implementation has been slow.
California EDD Not Answering 60% Of Calls Due To Surge In Unemployment ClaimsCalifornia’s unemployment agency is not answering 60% of the calls it receives for help as the overwhelmed department struggles to work through more than 1 million pending claims five months into the pandemic.
California Jobless Rate Improves In July As Economic Struggles In Pandemic ContinueNormally, adding more than 140,000 jobs would be cause for celebration by the standards of the past few decades. But the coronavirus has upended what's normal.