Unemployed Americans will lose a vital economic lifeline within days if Congress fails to pass a new coronavirus relief package soon.
Author: Jessica Menton, USA TODAY
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The $600 in extra unemployment benefits are set to end this week, dealing a blow to millions of Americans counting on a safety net amid COVID-19.
Moment of truth: Some homeowners expect to struggle to pay mortgage when extra unemployment ends
About half of millennial and Gen X mortgage borrowers say someone in their household is on unemployment. Many worry about paying their mortgage when extra benefits end.
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Fifty-seven percent of unemployment applications have been paid, according to the Century Foundation.
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Stocks notched their third weekly gain in the past four on Friday, as upbeat news about a potential coronavirus treatment helped mitigate fears about another spike in outbreaks.
Dow drops 361 points as surging virus cases dim recovery hopes
Stocks slumped Thursday as concerns about another surge in coronavirus cases outweighed optimism over a declining trend in layoffs.
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