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1 min read

How Ivy League financial aid packages stack up, even amid the coronavirus pandemic

The full price of tuition remains unchanged at most colleges amid the coronavirus pandemic, though,…

Taylor Borden   


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1 min read

The cost of containing coronavirus — the world has set aside $3 trillion so far

The world has pledged a total of $3 trillion to fight the impact of coronavirus. The Europe leads …

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The cost of containing Coronavirus — the world has set aside $3 trillion so far

The global economy has gone for a toss as the ripple effect from the Coronavirus pandemic has turne…

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4 mins read

Harvard is returning its $9 million stimulus check. Here's why wealthy schools got millions while others are struggling to stay open.

A $40.9 billion endowment means Harvard is likely to survive the economic crisis. But smaller schoo…

Daniel Ackerman   


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2 mins read

Donald Trump's struggling Scottish golf courses have claimed more than $4 million in UK government aid during the pandemic

Company accounts filed by the holding company of two golf resorts said Brexit also played a role in…

Erin Snodgrass   


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3 mins read

One stunning chart shows the success of federal aid in helping financially struggling households

The $1,200 stimulus checks and $600 boost in unemployment benefits greatly lifted personal incomes …

Joseph Zeballos-Roig   


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3 mins read

Coronavirus in UP: Government announces ₹1,000 financial aid to 35 lakh labourers, free ration to 1.65 crore workers

Chief Minister Yogi Adityanath has directed officials for immediate release of payment to MNREGS…

PTI   


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2 mins read

The most effective stimulus bill will boost unemployment benefits and PPP in order to drive economic growth, JPMorgan says

PPP loans were fairly ineffective earlier in the year, but vaccine rollouts can transform the progr…

Ben Winck   


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1 min read

One alarming chart shows virus cases spiked soon after initial stimulus efforts were exhausted

Key elements of the CARES Act expired in July, just as US virus cases surged and the pace of econom…

Ben Winck   


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2 mins read

Global stocks drop as WHO says worldwide COVID-19 infections rose for the first time in 7 weeks

Some countries saw fresh restrictions in Europe, with Finland declaring a state of emergency over r…

Shalini Nagarajan   


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10 mins read

How the pandemic upended the US job market in 2020, leaving permanent scars in its wake

Just over half of the 22 million US jobs lost during the pandemic have been regained, but lasting s…

Ben Winck,Juliana Kaplan   


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2 mins read

White House economic advisor breaks with Trump and says he's 'not so sure we need this massive stimulus bill'

After Congress finally passed the second stimulus relief package, which included $600 checks, Presi…

Yelena Dzhanova   


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US consumer spending leaps as late-December stimulus hits households, Bank of America says

Credit- and debit-card spending gained overall but was considerably higher for those earning less a…

Ben Winck   


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6 mins read

Inadequate stimulus will create the same risks that crippled the economic recovery following the Great Recession, experts say

Budget shortfalls threaten additional job cuts, gutted social programs, and can cripple states' abi…

Ben Winck,Joseph Zeballos-Roig   


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2 mins read

McConnell says 'fourth and final' stimulus bill will be considered by Senate Republicans in roughly one month

McConnell continued to oppose an extension to strengthened unemployment benefits, saying the progra…

Ben Winck   


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3 mins read

Biden's stimulus may have just saved NYC - and countless state and local governments

The stimulus includes $5.6 billion in aid for NYC. Mayor Bill de Blasio just said the situation was…

Juliana Kaplan   


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4 mins read

The $5 trillion in pandemic-era stimulus is more than triple Great Recession-era aid - and suggests a permanent shift in the way Congress spends

The $2.2 trillion CARES Act and President Donald Trump's $1.9 trillion tax cut also signify Congres…

Ben Winck   


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2 mins read

US retail sales rose more than expected in September as the economic recovery picked up

The reading marks the fifth straight month of improvement and shows the pace of spending growth rea…

Ben Winck   


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3 mins read

Americans used most of their stimulus checks for saving and paying off debt, Fed study shows

If a second round of payments goes out, Americans expect to save more of the cash and use slightly …

Ben Winck   


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2 mins read

Student loan borrowers aren't expected to make payments again until the end of January 2021

The forbearance period was set to last through September of this year, but Trump extended the deadl…

Lauren Frias