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Stimulus checks aren't to blame for inflation, Andrew Yang says

Prices have been rising over the last year. But universal basic income advocate Andrew Yang says it…

Juliana Kaplan,Joseph Zeballo…   


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3 mins read

Support like child tax credits and basic income reduces child abuse, researchers found

Doctors found that giving financial support to low-income families could lower rates of child negle…

Allie Kelly   


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Republican leaders are worried that basic income programs will give Democrats an edge during the election

Many Republicans nationwide oppose basic income programs. But behind closed doors, senior Republica…

Katie Balevic   


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3 House Democrats unveil a plan to send $100 monthly gas checks to Americans and provide relief from rising prices

The proposal would provide $100 each month for singles earning below $75,000 and $200 for couples m…

Joseph Zeballos-Roig   


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McConnell was unnerved about Biden's child tax credit becoming too popular for the GOP to kill, book says

A book from two New York Times reporters reveal McConnell's unease with a key part of the stimulus …

Joseph Zeballos-Roig   


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Over 16 million taxpayers from states like California should hold off on filing their taxes because of extra stimulus checks, the IRS says

Many states handed out checks and rebates to help ease the sting of inflation. Now, that means that…

Juliana Kaplan   


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2 reasons Americans just dove into credit card debt faster than they have in 22 years

In the last three months of 2021, Americans swiped $52 billion in credit card debt, the fastest sin…

Jason Lalljee   


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5 million kids fell into poverty last year after Congress cut off Biden's monthly checks to parents

The expanded child tax credit gave monthly checks to parents and helped pay bills. There were 5 mil…

Madison Hoff   


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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…   


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Permanent monthly checks for parents would have a 1,000% return on investment, study says

For the second half of 2021, Biden's administration distributed monthly checks to parents. Making t…

Juliana Kaplan   


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Top Senate Republican slams proposals from some Democrats for direct payments and gas cards as 'gimmicks'

Several Democratic lawmakers have introduced a variety of ideas to help Americans' pain at the gas …

Joseph Zeballos-Roig   


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3 mins read

Consumers fended off a recession but keep spending like there's no tomorrow

People are saving less, raiding their nest eggs, and racking up record amounts of credit-card debt.…

Theron Mohamed   


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A petition for monthly $2,000 stimulus checks hit 3 million signatures while the odds of additional direct payments are slimmer than ever

Americans have received three rounds of stimulus checks so far, and while they've been hugely popul…

Ayelet Sheffey,Joseph Zeballo…   


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Democrats unveil plan to issue quarterly checks to Americans by taxing oil companies posting huge profits

The bill would apply to large firms like ExxonMobil. Energy prices are spiking and Democrats want t…

Joseph Zeballos-Roig   


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Nearly 3 million people have signed a petition demanding that Congress issue a fourth stimulus check

The petition shows there's a clear demand from Americans for more federal support, but it's unclear…

Yelena Dzhanova   


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5 mins read

The economy's gone from strength to strength after the pandemic but no one quite knows why, or what comes next

The US economy just keeps defying doomsayers' warnings of a stock-market crash and recession. Here'…

Theron Mohamed   


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3 mins read

Europe doesn't have a labor shortage like the US. It's all about the different ways governments paid people not to work.

US employment is still far below pre-pandemic levels, unlike Europe where many workers were tempora…

Juliana Kaplan   


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2 mins read

Biden's Labor Department just said people on unemployment could get a one-time check from states after benefits expire on Labor Day

Millions of workers are set to lose their benefits on Labor Day, but the Labor Department says stat…

Juliana Kaplan,Joseph Zeballo…   


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A historically underfunded IRS is preparing for a rough tax season and only has 1 person for every 16,000 calls it gets

Many Americans rely on tax refunds, but those checks might be delayed this year. Part of the proble…

Juliana Kaplan,Joseph Zeballo…   


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Millennials and Gen Z saw their wealth balloon during the pandemic

It turns out that the pandemic's economic situation was pretty good for younger Americans' net wort…

Juliana Kaplan