You Searched For "stimulus" and got 20 results
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1 min read
JPMorgan says stimulus checks are driving less retail-investing activity than the last round of payments
JPMorgan notes that investments in riskier market areas like bitcoin and tech stocks have been less…
Isabelle Lee
3 mins read
Republicans want to pass a series of standalone stimulus bills. Here's what that means, and why it's unlikely to happen.
Republicans' past piecemeal stimulus strategies fell prey to intraparty disagreements and Democrat …
Ben Winck
2 mins read
Biden's $1.9 trillion stimulus could drastically cut poverty, studies say
Two studies found the stimulus could halve child and shrink poverty rates in 2021 by a third, but a…
Juliana Kaplan
3 mins read
The US doesn't need extra stimulus in the economy for a V-shaped recovery, Trump adviser Kudlow says
Trump's economic adviser Larry Kudlow, said Tuesday: "I don't think the V-shaped recovery depends o…
Saloni Sardana
3 mins read
Trump's attempt to bounce Congress into bigger stimulus checks could easily go wrong
President Donald Trump objected to the $600 coronavirus stimulus checks supported by Congress, sayi…
Sinéad Baker
2 mins read
Billionaire investor Chamath Palihapitiya unloads on the 'wasted' first round of economic stimulus and laments the unnecessary funding of 'zombie' companies
Palihapitiya told CNBC that the US needed to send more stimulus money directly to Americans because…
Emily Graffeo
4 mins read
Twitter users are comparing the $600 stimulus to the French Revolution phrase 'let them eat cake,' saying the check won't be enough to keep Americans from falling into poverty
The government's new stimulus is roughly half as generous as the one that expired in the summer, an…
Juliana Kaplan,Dominic-Madori…
2 mins read
Some senators oppose the direct-payment part of Biden's stimulus plan because they think it gives too much money to the wealthy, report says
The bipartisan group of senators was said to have expressed its concerns during a call with the Whi…
Kelsey Vlamis
2 mins read
Congress is weighing a fresh stimulus package for restaurants and other businesses as Omicron rages
The government might send out money yet again during the pandemic — but it won't be stimulus checks…
Juliana Kaplan,Joseph Zeballo…
2 mins read
Mitch McConnell says the labor shortage will be solved when people run out of stimulus money because Americans are 'flush for the moment'
Lack of childcare and well-paid jobs might be driving the labor shortage. Mitch McConnell thinks Ma…
Juliana Kaplan,Joseph Zeballo…
2 mins read
An 'awful lot' of US stimulus money was likely used for speculation during the recent Reddit-driven market mania, says billionaire investor Sam Zell
Sam Zell told CNBC many investors were probably using US stimulus money to "gamble" in the stock ma…
Emily Graffeo
2 mins read
What Trump's comments about ceasing stimulus-package negotiations mean for future $1,200 payments — in one minute or less
Confused on all the news around the stimulus talks and Trump's tweets? Catch up on what it all mean…
Barbara Smith
2 mins read
Here's how Twitter users reacted to the prospect of $600 stimulus checks
Many called out how insufficient the $600 checks would be. "Is the next stimulus gonna be a Starbuc…
Inyoung Choi
3 mins read
Insider Poll: A $600 COVID-19 stimulus check is too small for 72% of Trump voters
Only 33% of Trump-voting respondents were in agreement with President Trump's proposal for a stimul…
Madison Hall
2 mins read
Jobless benefits for about 14 million Americans expire, as Trump still refuses to sign the pandemic aid package containing $600 stimulus checks
President Donald Trump has refused to sign a $2.3 trillion stimulus package, in part because he say…
Samuel Horti,Reuters
2 mins read
Sending 4th and 5th stimulus checks could keep 12 million Americans out of poverty, report finds
The Economic Security Project found that stimulus checks are faster and more impactful for lifting …
Ayelet Sheffey
2 mins read
Billionaire Ray Dalio says Trump's halting of stimulus negotiations will be a 'significant negative' for the economy
The absence of what could have been nearly $2 trillion of stimulus will cause "a lot of stress" on …
Emily Graffeo
2 mins read
Walmart just announced record US sales, and it sees more stimulus checks bringing another 'boost'
Walmart CFO Brett Biggs told CNBC that another round of stimulus would lead to "something similar" …
Juliana Kaplan
1 min read
California is expanding its stimulus-check program to send checks to two-thirds of its residents, Newsom announces
Gov. Gavin Newsom said on Monday Californians who qualify would receive stimulus checks of at least…
Kelly McLaughlin
2 mins read
The bipartisan $908 billion COVID-19 stimulus plan doesn't include new $1,200 checks for Americans, and senators say the checks can be agreed to only after Biden takes office
The latest stimulus plan doesn't include checks for Americans. Senators say Biden will need to nego…