Pandemic unemployment benefits fraud likely tops $60 billing. House GOP to start investigating next week

CNN — More than $60 billion may have been paid out in fraudulent unemployment insurance benefits during the Covid-19 pandemic, according to a report released Monday by the US Government Accountability Office. The watchdog agency, however, warned that the estimate has limitations and should be interpreted with caution. The actual amount of pandemic unemployment benefits … Read more

Here are the companies that have laid off employees this year

new york CNN — Just this week, Alphabet, Google’s parent company, Microsoft (MSFT) and Vox Media announced layoffs that will affect more than 22,000 workers. Their moves follow on the heels of job cuts earlier this month at Amazon, Goldman Sachs and Salesforce. More companies are expected to do the same as firms that aggressively … Read more