Here’s what’s making news this week:
Forbes reports that President Trump’s payroll tax holiday, which started this month, could be challenged in Congress. The deferral period was set to run through the end of the year, but only applies to the 6.2% employee share of Social Security and must be repaid by April 30, 2021.
Over $1 billion in unemployment aid is being threatened by fraud, according to this NBCNews post.
In Colorado, cybercriminals took advantage of the unemployment system so aggressively that over the course of one month, 75 percent of applications were ruled fraudulent. In Pennsylvania, thousands of inmates applied and qualified for benefits before getting caught. In California, officials suspect fraud is behind a recent spike of more than 100,000 extra claims.
Speaking of unemployment, while millions wait for Congress to pass another stimulus package, there are still relief measures for those suffering from the economic fallout related to the pandemic. CNBC outlines what help you can currently rely on.
Coronavirus-accelerated bankruptcies are leaving shopping malls with lots of vacancies, but rather than renting to another store, landlords are looking for new types of tenants per this CNN Business article. Where space was once dedicated to mall-staples like Claire’s and JCPenney, doctor and dentist offices are now taking over the empty stores. In one case, a vacated Sears is becoming a charter school.
You don’t need an Amazon Prime membership to get free stuff from the web’s largest retailer. Money Talks News lists 10 things that are free–no membership required.
As mentioned earlier, it is National Cheeseburger Day so check out these deals and freebies at USA Today.