You Searched For "economic impact payments" and got 20 results
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2 mins read
India's digital public infrastructure is transforming country's economic landscape, notes RBI
Built on principles of public good, open access, and regulatory fairness, India Stack has become a …
ANI
3 mins read
A $2.30-a-day basic income trial is trying to save the Amazon rainforest
Universal basic income is usually aimed at social or economic benefits. But a $2.30-a-day trial in …
Mia Jankowicz
4 mins read
India to introduce UPI payment service in Maldives
"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…
PTI
2 mins read
Removed Angel Tax, taking policy measures to promote fintech sector: PM Modi
Lauding the fintechs for democratising financial services, Modi said the sector, which has attracte…
PTI
2 mins read
Nearly all Chinese banks are refusing to process payments from Russia, report says
Almost all Chinese banks — even small regional ones — are now refusing to accept direct transaction…
Huileng Tan
2 mins read
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…
ANI
4 mins read
Universal basic income: Should the government give ‘unconditional money’ or ‘freebies’ to the poor?
This is where results of the experiment conducted by Sam Altman’s OpenResearch could help shed some…
3 mins read
De-dollarization is a fad that will backfire on countries trying to move away from the greenback, currency expert says
Dollar dominance is sticking around for at least the next few decades, one currency expert told Bus…
Jennifer Sor
2 mins read
What the US can do to halt de-dollarization, according to one think tank expert
Although de-dollarization is a distant threat, the US has options to keep the movement from growing…
Filip De Mott
1 min read
Americans are about to feel the impact of soaring bond yields, Blackstone president says
Surging bond yields are raising interest rates on everything from mortgages to personal loans, spel…
Jennifer Sor
4 mins read
Universal basic income has gone from utopian vision to economic reality. Here's what you need to know about UBI.
Universal basic income is quickly gaining traction, with several trials and some famous proponents …
Theron Mohamed
4 mins read
Kenya is experimenting with universal basic income. Here's what the US could learn about no-strings payments.
Kenya's universal basic income program, which will continue through 2030, is offering no-strings ca…
Allie Kelly
2 mins read
The restart of student loan payments is going to pressure the strong US consumer, as 34% of borrowers say they'll be unable to make payments
"Only 29% of consumers who have federal student loans are confident they will have enough money to …
Matthew Fox
3 mins read
2 St. Louis residents are suing the city's basic-income program in an attempt to halt what they call 'unconstitutional' $500 monthly payments to low-income families
St. Louis is giving low-income families $500 monthly, but a lawsuit aims to block the guaranteed-ba…
Allie Kelly,Noah Sheidlower
2 mins read
The spending slowdown is coming. The stock market should brace for impact.
Americans are facing many reasons to tighten their belts. That could spell trouble for 2023's red-h…
Phil Rosen
7 mins read
Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.
The success of over 100 local GBI pilots in the US provides insight into future state-level policy.
Allie Kelly
2 mins read
Homeowners in these countries are facing the greatest risk of defaults from steeper mortgage payments, says IMF
The IMF says falling home prices could pressure financial markets as interest rates rise. Here's it…
Carla Mozée
2 mins read
The stunning strength of the US consumer is at risk as 43 million borrowers are set to resume student loan payments
"This will likely pressure spending as borrowers manage their finances and could also lend to an in…
Matthew Fox
2 mins read
Fed rate hikes have made borrowing greenbacks costlier and pushed more firms to de-dollarize, think tank says
Global firms had to find cheaper alternatives to dollar debt as the Fed raised interest rates, the …
Filip De Mott
2 mins read
Senate Republicans just proposed a fresh round of $1,200 stimulus checks for Americans
Both Republicans and Democrats, along with the Trump administration, support a second round of dire…