Chicago woman sentenced in $16M COVID-relief fraud scheme

A Chicago woman was sentenced to 18 months in federal prison for her role in a conspiracy to fraudulently obtain more than $16 million in small business loans and grants from the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

Supreme Court to rule on social media censorship

The U.S. Supreme Court heard arguments Monday morning on whether the federal government went too far trying to get social media companies to remove what they considered disinformation about COVID-19.

What to know about new COVID guidelines from CDC

The CDC is planning to release new isolation guidelines for COVID-19. Instead of isolating for five days, those who test positive for COVID-19 and don't have a fever for 24 hours can stop isolation right away.

Layoffs loom large over US jobs report

These gains on Wall Street were capped by stronger-than-expected U.S. jobs numbers for January. Hiring accelerated, but layoffs in the private sector surged.

Federal reserve leaves interest rates alone

Customers, businesses, and the markets will have to wait until late spring or early summer for a drop in interest rates. Cuts would reduce the sting in everything from mortgage rates to credit cards to car loans.

Americans living paycheck to paycheck

More than half of Americans said they would not be able to afford a $1,000 emergency expense, according to a recent survey. Economic analyst Mark Hamrick has some tips on how to build up an emergency savings account.