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5 mins read
Mitch McConnell floated a $40,000 income cutoff for a 2nd round of stimulus checks. That could leave out 20 million Americans who benefited from the first wave.
That could leave out 20 million people who benefited from the initial wave of $1,200 payments earli…
Joseph Zeballos-Roig
3 mins read
Republicans reportedly want to shrink the 2nd round of $1,200 stimulus checks for low-income Americans and limit who gets government cash
McConnell last week opened the door for another stimulus check and said people earning under $40,00…
Joseph Zeballos-Roig
3 mins read
The $15 minimum wage poses a major hurdle for Senate Democrats as they race to pass the $1.9 trillion stimulus
The path ahead for a $15 minimum wage increase is jeopardized by the lack of support from several k…
Joseph Zeballos-Roig
2 mins read
'The situation is about to get worse': Stocks slide as surging US unemployment and coronavirus cases stifle stimulus hopes
US lawmakers are scrambling to pass a sweeping stimulus bill that would help distressed industries …
Theron Mohamed
7 mins read
Legendary investor Jeremy Grantham warned Biden's $1.9 trillion stimulus plan would inflate the stock-market bubble in a recent interview. Here are the 28 best quotes.
The GMO cofounder advised watching Tesla, bitcoin, and SPACs for early warning signs of the bubble …
Theron Mohamed
6 mins read
More than 80 million Americans received stimulus checks last week. But top Democratic economists say the government should be doing even more to fight coronavirus.
Top Democratic economists say another wave of stimulus checks is likely needed to help people confr…
Joseph Zeballos-Roig
6 mins read
We'll Be Contemplating 'Wile E. Coyote' During This Four-Day Week - Here's Your Complete Preview
From King: "Try a bit harder, and you could paint a bleaker picture still, in which investors may b…
Sam Ro
3 mins read
Invest smarter: Leverage business cycles for better portfolio returns
In the dynamic world of finance, investors are constantly seeking avenues to maximise returns while…
4 mins read
How the rapid inflation spike can cause a recession shock - and what that means for your portfolio.
Stocks could face more downward pressure as high inflation and a slate of other factors ramp up the…
Phil Rosen
3 mins read
A fitness model swears by 'bulking season' — eating 4,000 calories a day in fall and winter so he can get shredded for summer. Here's how it works.
Nathan Honess will spend the next 6 months putting on up to 22 pounds by eating 4,000 calories a da…
Lucy Gornall
3 mins read
Here are the economic implications of 4 potential US election outcomes, according to Deutsche Bank
From a large fiscal stimulus package to gridlock in Congress, the economic outlook varies based on …
Matthew Fox
2 mins read
Biden's plan for a $15 minimum wage could mean one in 5 Americans earns more. Nearly a third of Black workers would get a raise, research suggests.
Black or Latina women account for one in four people who could benefit from the minimum-wage increa…
Grace Dean
3 mins read
Indian economy to contract in FY21; lockdown compounds economic challenges, says Moody's
While the government's cumulative policy response brings total headline stimulus announcements to …
PTI
2 mins read
US weekly jobless claims slide to 900,000 as coronavirus fallout continues into the Biden presidency
Continuing claims, which track Americans receiving unemployment benefits, dropped to 5.1 million fo…
Ben Winck
3 mins read
Walmart and Target CEOs say uncertainty looms even as sales skyrocket
"There's just so much uncertainty today," Target's CEO said Wednesday, echoing similar remarks by W…
Hayley Peterson
2 mins read
House Democrats propose renewing Biden's $300 monthly checks to families until 2025 in social spending package
Their timeline may set up a clash with Senate Democrats who are eyeing a shorter child tax credit e…
Joseph Zeballos-Roig
2 mins read
4 reasons Congress should permanently expand $300 monthly child tax credits, according to more than 400 economists
Democrats are clashing over how to include the Biden benefit in their $3.5 trillion social spending…
Ayelet Sheffey,Joseph Zeballo…
1 min read
Sensex plunges over 800 pts in early trade; bank stocks crack
In the last set of measures, Finance Minister Nirmala Sitharaman on Sunday announced plans to priv…
PTI
2 mins read
The Supreme Court struck down Biden's eviction ban, but these 7 states and DC are stepping up to protect renters
Census data shows at least 7.4 million people are at risk of eviction, just as jobless workers are …
Andy Kiersz,Joseph Zeballos-R…
4 mins read
12 weeks ago Congress rushed in to save the US from economic collapse. But now all its assistance programs are ending.
Congress is barrelling towards summer deadlines to extend critical federal aid to struggling people…