If you've been patiently awaiting your stimulus payment, you might be troubled to realize that you accidentally threw it away. But don't be too hard on yourself if you did. The $1,200 Economic Impact Payments that the federal government sent to millions of Americans amid the coronavirus...
Today, the US Labor Department announced that over 1.5 million Americans filed jobless claims last week. This constitutes the lowest weekly number since the COVID-19 crisis began as many are returning to work resulting from the re-opening economy. As of June 5th, the...
The Nasdaq exchange has officially overtaken the New York Stock Exchange (NYSE) in year-to-date, initial public offerings (IPOs). The dealer’s market was able to pull forward with two huge IPOs by Warner Music Group and ZoomInfo. This year, firms debuting IPOs on the Nasdaq have raised a...
As of last week, the Internal Revenue Service (IRS) had processed 159 million Economic Impact Payments, all part of the $2 trillion CARES Act. But many Americans are still waiting patiently for the stimulus check that Congress promised them in the first coronavirus relief package.
With unemployment at a record high, and widespread business closures becoming permanent, Americans are desperate to know whether they should expect another economic stimulus check. The good news is that Congress is currently negotiating the details of a second stimulus package. The Democrat-controlled House...
The Office of the Comptroller of the Currency (OCC) has announced they are asking for public input on details about blockchain in order to better oversee crypto activities. The OCC, which regulates financial institutions, has requested that comments be submitted by August 3rd. The...
Prior to the collapse of the US job market last April, Europe's unemployment rate was higher than America's. Europe's COVID-19 health crisis began earlier than America's, but it caused both regions to experience devastating declines in economic productivity. Yet, in this economic slowdown, Europe has managed...
Although the global economy has slowed down considerably since the beginning of the year, there are still some companies that are managing to overcome the market. Here are 5 top tech stocks that look like a promising investment for this year. Some of these companies are included...
American millennials are having a tough time economically. The 2008 crisis and now the 2020 covid-19 crisis have greatly harmed their effort to build wealth. Federal Reserve data from 2019 show that millennials own only only 3 percent of the nation's wealth despite being 22 percent...
Following a Monday meeting with restaurant industry executives, President Donald Trump and Treasury Secretary Steven Mnuchin announced that they will look to ease some restrictions on emergency small business loans related to the coronavirus crisis. Small business owners have argued that time-sensitive restrictions on the loans are...
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