At the end of the first quarter of this year, U.S. consumers were a record $14.3 trillion in debt.

United Airlines warned 36,000 employees Wednesday that they could be furloughed in October.

The extra $600 every week is set to run out at the end of this month.

Unless Congress extends the $600-a-week program, benefits are set to expire at the end of July.

If Congress doesn’t act, Federal Pandemic Unemployment Compensation is set to expire on July 31.

The Federal Reserve is buying a broad cross-section of bonds to make sure firms have the money they need to weather the COVID-19 pandemic.

The Trump administration says the relevant part is that the COVID-19 relief loans complied with the law — not who actually got them.

The Bureau of Economic Analysis reports that personal income rose by 10.5% in April. But without government relief payments, it would have fallen by roughly 5%.

The federal relief loans can be forgiven if businesses spend 75% on payroll within eight weeks. For some businesses, that’s a problem.

It’s been eight weeks since the CARES Act became law. Will the economic crisis it was meant to combat get as bad as the Great Depression?