stimulus

Here is what you need to know about your Economic Impact Payment. For most taxpayers, payments are automatic, and no further action is needed. This includes taxpayers who filed tax returns in 2018 and 2019 and most seniors and retirees.

Source: irs.gov

Stimulus Round 2: Will Consumers Save Or Spend?
Stimulus Round 2: Will Consumers Save Or Spend?
January 04, 2021  |  Economy

After months of dispute, debate and eventually compromise, the second round of stimulus is in the process of going out to Americans. Already Venmo announced...

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Today In Payments: US Consumers Expect To Return $115 Billion In Unwanted Gifts; Banks May Withhold Stimulus To Cover Overdraft Fees
Today In Payments: US Consumers Expect To Return $115 Billion In Unwanted Gifts; Banks May...
January 04, 2021  |  News

In today’s top news, U.S. consumers are expected to return $115 billion in unwanted online orders from this holiday season, some stimulus recipients may see...

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Banks May Withhold Stimulus Checks To Cover Overdraft Fees
Banks May Withhold Stimulus Checks To Cover Overdraft Fees
January 03, 2021  |  Bank Regulation

Some intended COVID-19 stimulus beneficiaries won’t see any money the federal government sends them through direct deposits because unpaid overdraft fees will more than consume...

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Bigger US Stimulus Checks Blocked As McConnell Digs In
Bigger US Stimulus Checks Blocked As McConnell Digs In
December 30, 2020  |  Economy

A bid by President Donald Trump and Congressional Democrats to peg the new round of pandemic recovery stimulus checks at $2,000-per-person has failed, at least...

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Today In Payments: Mnuchin Says Stimulus Check Distribution Underway; Most Christmas Activations Were Older iPhones
Today In Payments: Mnuchin Says Stimulus Check Distribution Underway; Most Christmas Activations Were Older iPhones
December 30, 2020  |  News

In today’s top news, stimulus check distribution began Tuesday, and 9 out of 10 Christmas phone activations were iPhone models. Plus, a “K-shaped” recovery is...

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New SMB Stimulus Package Could Again Be Vulnerable To Fraud
New SMB Stimulus Package Could Again Be Vulnerable To Fraud
December 30, 2020  |  Security & Fraud

Although the $900 billion COVID-19 relief package passed by the White House this week includes $284 billion for small and mid-size businesses (SMBs), there are...

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COVID-19 Stimulus Check Distribution To Start Today, Mnuchin Says
COVID-19 Stimulus Check Distribution To Start Today, Mnuchin Says
December 29, 2020  |  Disbursements

Treasury Secretary Steven Mnuchin said the $600 individual checks passed by Congress will start going out by Tuesday evening (Dec. 29), CNBC reported. Mnuchin tweeted...

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Today In Payments: Coinbase Suspends XRP Trading; Amazon Delivered Record-Breaking 1.5 Billion Holiday Packages
Today In Payments: Coinbase Suspends XRP Trading; Amazon Delivered Record-Breaking 1.5 Billion Holiday Packages
December 29, 2020  |  News

In today’s top news, Coinbase has suspended XRP trading in the wake of the SEC’s lawsuit against Ripple, and Amazon delivered over 1.5 billion packages...

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Senate Battle Erupts Over Trump’s $2,000 Stimulus Checks
Senate Battle Erupts Over Trump’s $2,000 Stimulus Checks
December 29, 2020  |  Politics

Senate Majority Leader Mitch McConnell fired the first shot Tuesday (Dec. 29) in what is likely to be weeklong battle over a proposal to send...

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