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Money & Markets

Federal program offers cash to cover COVID-19 funeral costs

BOSTON — When Wanda Olson’s son-in-law died in March after contracting COVID-19, she and her daughter had to grapple with more than just their sudden grief. They had to come up with money for a cremation. Even without a funeral, the bill came to nearly $2,000, a hefty sum that Olson ...

Amazon settles with NLRB to give workers power to organize

NEW YORK — Under pressure to improve worker rights, Amazon has reached a settlement with the National Labor Relations Board to allow its employees to freely organize — and without retaliation. According to the settlement, the online behemoth Amazon said it would reach out to its warehouse ...

‘We have stock’: Smaller stores aim for last-minute shoppers

NEW YORK — After a wearying nearly two years of the pandemic, independent retailers are cautiously hoping their holiday seasons will be bright, despite the challenges this year ranging from supply chain snags to shortages of hot holiday items. Many businesses ordered decorations, toys, ...

Pause on student loan payments is extended through May 1

the Associated Press WASHINGTON — The Biden administration on Wednesday extended a student loan moratorium that has allowed tens of millions of Americans to put off debt payments during the pandemic. Under the action, payments on federal student loans will remain paused through May 1. ...

Omicron casts a new shadow over economy’s pandemic recovery

Just as Americans and Europeans were eagerly awaiting their most normal holiday season in a couple of years, the omicron variant has unleashed a fresh round of fear and uncertainty — for travelers, shoppers, party-goers and their economies as a whole. The Rockettes have canceled their ...

Democrats try to build back’ after Manchin tanks $2T bill

WASHINGTON — Democrats are struggling to pick up the pieces after Sen. Joe Manchin effectively crushed President Joe Biden’s big domestic policy bill. But they face serious questions whether the $2 trillion initiative can be refashioned to win his crucial vote or the party will be saddled ...