Economy - /contrib/economy

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Price of eggs skyrockets during coronavirus pandemic...
The most recent Nielsen data shows egg sales are up 44% from the same time a year ago.
By Anonymous Submission on 2020-03-27 04:24 UTC
Stimulus package: Here's what Americans can expect from the $2tn coronavirus deal...
Submitted to Category: /contrib/US/, /contrib/economy
Americans who make $75,000 or less to get $1,200 payments from Washington
By Anonymous Submission on 2020-03-25 16:30 UTC
Coronavirus rescue bill extends unemployment benefits to gig economy...
A bipartisan deal was struck between Senate leadership and the White House.
By Anonymous Submission on 2020-03-25 15:05 UTC
White House and Senate reach historic $2 trillion stimulus deal amid growing coronavirus fears...
The White House and Senate leaders struck a major deal early Wednesday morning over a $2-trillion package to provide a jolt to an economy struggling amid the coronavirus pandemic, capping days of marathon negotiations that produced one of the most expensi
By Anonymous Submission on 2020-03-25 14:44 UTC
US Facing A Depression? Coronavirus Could Force Federal Government To Take Massive Action...
As lawmakers argued about a coronavirus stimulus package and the Federal Reserve moved aggressively to buy $700 billion in Treasury and mortgage-backed securities to prop up the economy, experts worried Monday whatever action taken will not be enough.
By Anonymous Submission on 2020-03-25 00:04 UTC
Factbox: What's in the nearly $2 trillion U.S. Senate coronavirus stimulus...
The U.S. Senate on Monday was negotiating a nearly $2 trillion (1.73 trillion) ...
By Anonymous Submission on 2020-03-25 00:00 UTC
Kudlow Projects Coronavirus Aid Package to Reach 'Roughly' $6 Trillion...
White House economic adviser Larry Kudlow on Tuesday projected that the total economic stimulus to be enacted by the federal government will reach $6 trillion.Of the total, $4 trillion will come in the form of liquidity from the Federal Reserve, while the
By Anonymous Submission on 2020-03-24 23:55 UTC
Bullard Says Unemployment Could Rise to 30%, Worse Than Great Depression...
A Fed official warns that the U.S. could see unemployment rise to levels not seen since the Great Depression.
By patriotsports on 2020-03-23 18:28 UTC
Tax experts urge Congress to redesign coronavirus rebate checks...
Tax experts are urging lawmakers to make changes to the coronavirus rebate checks being considered by Senate Republicans.
By Anonymous Submission on 2020-03-21 04:27 UTC
Congress needs to give small biz a way to hold on or entire economy could melt down...
Congress is racing to contain the COVID-19 economic fallout, but if lawmakers don't get the diagnosis right, they'll never produce the right cure. The biggest danger: a full-tilt credit collapse. This week, the Senate and House has been hammering
By Anonymous Submission on 2020-03-21 00:12 UTC
The upcoming job losses will be unlike anything the US has ever seen...
During the financial crisis, the worst month was the 800,000 in March 2009. Many economists are expecting the total for April to be in the millions.
By Anonymous Submission on 2020-03-20 15:12 UTC
GOP coronavirus stimulus bill unveils $1,200 tax rebate checks for the public...
The rebate gradually decreases for higher incomes and people earning more than $99,000 would get nothing — a slightly higher cap than anticipated. Lower-income people would get less as well, with a minimum rebate of $600 if their income was at least $2,500. The 247-page bill also proposes a $500
By Anonymous Submission on 2020-03-20 00:05 UTC
Senate GOP plan provides massive tax-relief, loans for business...
Senate Republican negotiators on Thursday rolled out a massive business assistance package, seeking to stave off a recession and soaring unemployment because of the coronavirus crisis.
By Anonymous Submission on 2020-03-20 00:03 UTC
Family of 4 could get $3,000 check under coronavirus relief plan, Mnuchin says...
The payments would be $1,000 per adult and $500 per child. Direct payments would go to U.S. citizens only, and would be “tiered based on income level and family size.” The two payments would be identical, with the second wave starting by May 18.
By Anonymous Submission on 2020-03-19 16:25 UTC
Negotiations intensify on Capitol Hill over massive stimulus legislation as coronavirus fallout worsens...
The Trump administration is pushing senators to support sending many Americans $2,000 each and backing $300 billion for small-business relief as multiple industries seek bailouts.
By Anonymous Submission on 2020-03-19 01:32 UTC
Americans would get two checks under proposed coronavirus stimulus package...
Americans would receive two checks from the federal government in the next couple of months, under the proposed coronavirus stimulus package that the Trump administration continued to push forward on Wednesday.
By Anonymous Submission on 2020-03-19 01:15 UTC
67 million Americans expect trouble paying credit-card bill...
About 67 million Americans believe they will have trouble paying their credit-card bills due to the coronavirus, according to a new survey. WalletHub's Coronavirus Money Survey also found that the virus is now the top stressor in America, above money
By Anonymous Submission on 2020-03-19 00:53 UTC
Trump plans to distribute $500B in cash to Americans as coronavirus tanks economy...
In a memorandum, the Treasury Department proposed two $250 billion cash infusions to individuals.
By Anonymous Submission on 2020-03-19 00:51 UTC
Here's where things stand on the White House's push for a $1 trillion stimulus package...
Lawmakers on both sides of the aisle have supported relief to certain industries. But there may be a dispute over paid time off for employees.
By Anonymous Submission on 2020-03-18 14:53 UTC
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