Economy - /contrib/economy

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Jim Cramer: The pandemic led to 'one of the greatest wealth transfers in history'...
Submitted to Category: /contrib/business/, /contrib/economy
The coronavirus pandemic and corresponding lockdown made way for “one of the greatest wealth transfers in history,” CNBC’s Jim Cramer said Thursday. The stock market is rising as big business rebounds from state-ordered stoppage of nonessential activity, while small businesses drop like flies, the
By Anonymous Submission on 2020-06-05 17:39 UTC
Will we get a second stimulus check for $1,200? Everything we know about the extra payment...
Submitted to Category: /contrib/US/, /contrib/economy
Congress may decide on the second stimulus package in June. If passed, it could be the last relief check coming to Americans affected by the coronavirus pandemic. Here's the update today, and what could happen next.
By Anonymous Submission on 2020-05-31 15:12 UTC
World economy may not recover until 2025 - Ukraine’s representative to the IMF...
The economic impact of world coronavirus curbs will be felt until 2025, Vladyslav Rashkovan, Ukraine’s representative to the IMF, said in a video conference organized by Deloitte.
By ukrainiantribune on 2020-04-23 23:45 UTC
While the Economy Goes Bust, Farm-to-Table Booms...
Submitted to Category: /contrib/business/, /contrib/economy
MIDDLETOWN, Md. -- There is an argument to be made that the coronavirus pandemic could change the food supply chain for the long term. It may disrupt across the board our reliance on distant producers, processing plants and large chain grocery stores.
By Anonymous Submission on 2020-04-21 06:22 UTC
Dr. Phil: Economic crash from lockdowns could kill more than coronavirus...
Dr. Phil McGraw warned that psychological side effects from state lockdowns amid the coronavirus could produce more
By Anonymous Submission on 2020-04-17 16:17 UTC
After outcry from Democrats, IRS drops tax return requirement for pandemic relief checks...
The IRS reversed course late Wednesday by no longer requiring people to file a tax return to receive the recovery payment authorized by the coronavirus relief bill, a change that will likely mean millions more will receive the checks of up to $1,200.
By Anonymous Submission on 2020-04-02 20:44 UTC
Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates...
Million of Americans already have lost their jobs due to the coronavirus crisis and the worst of the damage is yet to come, according to the Federal Reserve.
By Anonymous Submission on 2020-03-31 06:11 UTC
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
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