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White House economic adviser sees unemployment rate climbing past 20% 05/11/2020 06:34am • Washington — White House economic adviser Kevin Hassett expects the unemployment rate to climb past 20% due to the economic fallout from the coronavirus pandemic, predicting that May or June will be the high point for job losses. "Right now, looking across the U.S., there are more than 30 m Yes, unemployment benefits will still be paid even if state funds run out 05/08/2020 05:23pm • A growing number of states are turning to the federal government to help pay unemployment benefits to millions of Americans left jobless by the coronavirus pandemic. Though several state unemployment trust funds are running dry and states are facing big budget shortfalls Rate increase included in WSSC's $1.5 billion 2021 budget 05/08/2020 09:51am • Lawmakers in Montgomery and Prince George's counties have approved the Washington Suburban Sanitary Commission's nearly $1.5 billion budget for fiscal year 2021, which will include an average 6% rate hike for customers. The WSSC budget was approved by the Montgomery County and Prince George's Cou Virginia small businesses approved for $12.7B in aid loans 05/07/2020 10:49am • RICHMOND, Va. (AP) — Federal data shows that more than 86,000 loans totaling $12.7 billion have been approved for small businesses in Virginia for relief amid the coronavirus pandemic. Figures obtained by The Richmond Times-Dispatch show that about 40,370 loans totaling $8.72 billion were appro Old Ebbitt Grill brought to its knees by the pandemic 05/07/2020 03:44am • During a normal year, Mother's Day Sunday would be a day to look forward to for the Old Ebbitt Grill in Northwest Washington. "Mother's Day is typically the biggest day of the year for us," said John McDonnell, the chief operating officer of Clyde's Restaurant Group, which owns the restaurant. AGs to Congress: Paycheck Protection Program should be stronger, more equitable 05/06/2020 05:34pm • Attorneys general in D.C., Maryland and Virginia, and across the nation, want Congress to do more for small businesses, formally urging federal leaders to improve the Paycheck Protection Program responsible for helping businesses survive the pandemic. In a statement, Maryland Attorney General Bri Md. child care providers for essential workers get 1st payments from state 05/01/2020 09:15pm • The Maryland State Department of Education announced it has processed more than $29 million in payments to thousands of daycare providers in the state, some of which are serving the children of essential workers. The payments are the first to be made to child care providers since an executive ord DC student loan borrowers affected by coronavirus could see some relief 05/01/2020 06:14pm • Those who live in D.C. and are struggling to pay student loans due to the impact of the coronavirus crisis could see some relief from payment and collection. D.C. Mayor Muriel Bowser announced Friday an initiative that gives expanded financial relief options to residents paying private education Maryland to survey school districts to assess attendance, engagement during closure 05/01/2020 06:04pm • Maryland's school districts will be surveyed by the state department of education to "assess and report student engagement" across the state. That includes trying to track attendance. The issue came up during the April 28, meeting of the board when board member David Steiner asked State Superinte Tighter lending standards are sidelining some DC-area home buyers 05/01/2020 10:09am • In addition to stronger credit scores, typically now a minimum of 700, and incomes, many lenders are now requiring at least 20% down payments on purchases, which is particularly challenging for potential buyers in the D.C.-area. (Getty Images/iStockphoto/wutwhanfoto) Mortgage rates are at record 'Decimated': DC tourism is a wreck, but there's a plan to lure visitors back 04/30/2020 10:46pm • What is normally peak season for tourism in D.C. — spring — has been halted by the coronavirus. But a strategy has been formulated to lure visitors back once the public health emergency is over. "The impact of COVID-19 on the industry as a whole — clearly everything from restaurants to h Seeking health care equity, DC will build 2 new hospitals 04/29/2020 11:45pm • D.C. announced two new hospitals will be built in the city that would address issues of health care equity among its residents. Mayor Muriel Bowser said the hospitals will be in Wards 1 and 8. “While D.C. continues to battle this pandemic, our team has remained committed to delivering hope a Virginia Gov. Northam: Elective surgeries, dental procedures can resume soon 04/29/2020 04:01pm • Virginia residents will be able to start undergoing nonemergency surgeries and dental procedures at the beginning of May, Gov. Ralph Northam said Wednesday. The governor said at a briefing that his executive order prohibiting elective surgeries and limiting dental procedures, which expires late T Could your paycheck be guaranteed by the federal government? 04/29/2020 03:38pm • Sen. Mark Warner, D-Va., speaks with a reporter as he arrives at an event marking 100 days since the death of Jamal Khashoggi on Capitol Hill in Washington, Thursday, Jan. 10, 2019. (AP Photo/Andrew Harnik) The paychecks of many workers slated to lose their jobs would be guaranteed through feder Mounting bills and debt: Tips for negotiating with banks and lenders during the coronavirus pandemic 04/29/2020 12:13pm • The coronavirus pandemic has had a severe impact on people's finances all across the U.S. Many have lost their jobs. Unemployment claims have soared. And the nation's economy shrank by 4.8% last quarter as the virus struck. But for many of us, that doesn't mean the bills have stopped piling up on