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COVID-19 and the Economy

What you need to know about the COVID-19 pandemic's effects on America's economy, and what it means for your finances.

State aid infuses more than 1,400 nonprofits with financial boost after pandemic

State aid infuses more than 1,400 nonprofits with financial boost after pandemic

“Covid hit us, this pandemic, this plague, and a lot of nonprofits started to struggle because we were losing funding,” said Steve Spreitzer, Michigan Roundtable.

November 8, 2023 7:39pm EST
IRS to pause accepting claims for COVID-era tax credit amid fraudulent claims

IRS to pause accepting claims for COVID-era tax credit amid fraudulent claims

The tax credit, called the Employee Retention Credit, was created to help small businesses keep paying their employees during the pandemic if they were suspended from operating.

September 15, 2023 8:29am EDT
Appeals court rules state Covid policies were excessive with dining restrictions

Appeals court rules state Covid policies were excessive with dining restrictions

Now the Michigan Court of Appeals ruled that Michigan’s top health leaders used power they did not have to put those indoor dining rules in place to begin with.

June 30, 2023 10:40pm EDT
How to get COVID tests now before it's no longer free

How to get COVID tests now before it's no longer free

Free COVID testing ends on May 11, but you'll still have access to tests with a few differences.

April 28, 2023 2:19pm EDT
US health officials propose once-a-year COVID-19 vaccines for most Americans

US health officials propose once-a-year COVID-19 vaccines for most Americans

The proposal comes as boosters have become a hard sell.

January 23, 2023 3:46pm EST
DoorDash to cut 1,250 corporate jobs after COVID-19 pandemic hiring surge

DoorDash to cut 1,250 corporate jobs after COVID-19 pandemic hiring surge

Delivery company DoorDash is eliminating more than 1,200 corporate jobs, about 6% of its total workforce, saying it hired too many people when demand for its services increased during the COVID-19 pandemic.

November 30, 2022 2:01pm EST
Nurses say Trinity Health to fire them for not having Covid vaccinations

Nurses say Trinity Health to fire them for not having Covid vaccinations

"To work through Covid, to have a healthcare hero sign placed in front of my lawn, and then to work for an organization that, their mission is to work in the spirit of the Gospel, and they are not valuing my spiritual beliefs," she said.

November 3, 2022 7:04pm EDT
Detroit Means Business receives $9M of federal aid to help small businesses

Detroit Means Business receives $9M of federal aid to help small businesses

On Wednesday the Detroit Economic Growth Corporation and the City of Detroit announced that Detroit Means Business received millions of dollars which will soon be available to help small businesses prosper.

August 3, 2022 9:06pm EDT
U.S. to lift Covid test requirement for international travel

U.S. to lift Covid test requirement for international travel

A senior administration official said the mandate expires Sunday at 12:01 a.m.

June 10, 2022 9:51am EDT
Dr. Fauci says the ‘US is out of the pandemic phase’

Dr. Fauci says the ‘US is out of the pandemic phase’

Dr. Anthony Fauci said COVID-19 infections and deaths are at a lower level in the U.S., but people should still get 'intermittently' vaccinated.

April 27, 2022 12:47pm EDT
Workforce disruptions continue in wake of pandemic

Workforce disruptions continue in wake of pandemic

Despite the challenges caused by COVID-19, businesses dedicated to staffing solutions say that employers can still find success.

April 12, 2022 7:09pm EDT
FEMA funeral reimbursement program offers up to $9K to families of Covid victims

FEMA funeral reimbursement program offers up to $9K to families of Covid victims

FEMA says of the 975,000 Americans who died, less than half of the families have applied and that includes many in Michigan.

April 6, 2022 9:00pm EDT
Democratic, Republican Senate bargainers reach $10B COVID agreement

Democratic, Republican Senate bargainers reach $10B COVID agreement

President Joe Biden settled for much less in the package despite warnings that the government was running out of money to keep pace with the continued spread of COVID-19 in the U.S.

April 5, 2022 10:23am EDT
Ambassador Bridge shutdown cost auto industry $300 million

Ambassador Bridge shutdown cost auto industry $300 million

It was a costly week for Michigan automakers, with losses in the hundreds of millions.

February 15, 2022 10:38am EST
Donors needed: Breast milk in short supply amid COVID-19 surge, winter weather woes

Donors needed: Breast milk in short supply amid COVID-19 surge, winter weather woes

The Human Milk Banking Association of North America said it is in urgent need of donor breast milk which is essential to “saving the most vulnerable babies’ lives.”

February 7, 2022 3:29pm EST
Biden administration officially withdraws COVID-19 vaccine rule

Biden administration officially withdraws COVID-19 vaccine rule

The Biden administration has officially withdrawn a rule that would have required workers at big companies to get vaccinated or face regular COVID testing requirements.

January 25, 2022 5:08pm EST
Michigan child care workers receiving $1,000 bonuses

Michigan child care workers receiving $1,000 bonuses

Nearly 6,000 Michigan childcare providers were recipients of $365 million in grants.

January 13, 2022 9:29am EST
More US adults opting to never have children, Pew survey finds

More US adults opting to never have children, Pew survey finds

The number of childless adults between 18 and 49 years of age who have chosen to not have children in the future has increased 7% since the Pew Research Center conducted the same survey in 2018.

November 22, 2021 9:04pm EST
Whitmer vetoes bill that would prohibit state from fining employees for 1st-time Covid violations

Whitmer vetoes bill that would prohibit state from fining employees for 1st-time Covid violations

The Michigan governor said it would cause the state to fall below minimum workplace safety standards.

November 13, 2021 3:44pm EST
City of Detroit puts the call out with nearly 200 jobs to fill

City of Detroit puts the call out with nearly 200 jobs to fill

If you missed Friday’s job event, the city still wants to hear from you.

November 12, 2021 6:38pm EST
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Michigan minimum wage increasing January 1 - See full increase schedule

Michigan minimum wage increasing January 1 - See full increase schedule

It's going to be cold one in Detroit with sub-zero wind chills on the way

It's going to be cold one in Detroit with sub-zero wind chills on the way

Michigan Big Boy locations brings back retro prices on menu classics for holidays

Michigan Big Boy locations brings back retro prices on menu classics for holidays

Ferndale man exposed himself to minors in Zehnder's Splash Village hot tub, prosecutors say

Ferndale man exposed himself to minors in Zehnder's Splash Village hot tub, prosecutors say

Disgraced Rochester Hills doctor to spend up to 60 years behind bars for sex crimes

Disgraced Rochester Hills doctor to spend up to 60 years behind bars for sex crimes

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Paralyzed Metro Detroit man regains ability to walk

Paralyzed Metro Detroit man regains ability to walk

Michigan Big Boy locations brings back retro prices on menu classics for holidays

Michigan Big Boy locations brings back retro prices on menu classics for holidays

DC pipe bomber arrest: FBI takes man into custody over bombs planted before Jan. 6

DC pipe bomber arrest: FBI takes man into custody over bombs planted before Jan. 6

Who is Brian Cole? Suspected DC pipe bomber arrested by FBI

Who is Brian Cole? Suspected DC pipe bomber arrested by FBI

Pantone’s color of the year for 2026 leans into calm and clarity

Pantone’s color of the year for 2026 leans into calm and clarity

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