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

COVID Concerns Trigger 1.1 Pct Slump In July Retail Sales Amid Swirl Of Conflicting Factors
COVID Concerns Trigger 1.1 Pct Slump In July Retail Sales Amid Swirl Of Conflicting Factors
August 17, 2021  |  Retail

A month of rising COVID-19 case counts coupled with a surge in mask mandates and vaccine requirements took the steam out of a nascent shopping...

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Child Tax Credit Payout Of $15B+ Could Mean Big Spending Across US
Child Tax Credit Payout Of $15B+ Could Mean Big Spending Across US
August 13, 2021  |  Economy

The U.S. Department of the Treasury and the Internal Revenue Service on Friday (Aug. 13) paid more than $15 billion to families for the almost...

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Expanded Child Tax Credit Gives Retailers Hope Amid COVID Concerns
Expanded Child Tax Credit Gives Retailers Hope Amid COVID Concerns
August 11, 2021  |  Retail

With continuing labor shortages, tangled supply chains, increased costs and renewed concerns about COVID-19 because of the Delta variant, it would be easy to assume...

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As Stimulus Funds Wane US Economy Will Slow, Experts Say
As Stimulus Funds Wane US Economy Will Slow, Experts Say
July 19, 2021  |  Economy

The U.S. economy’s recovery might have already hit its peak for the time being. A new Wall Street Journal (WSJ) report finds that the widespread...

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The Child Tax Credit Is Rolling Out: How It Will Be Spent, What’s Next
The Child Tax Credit Is Rolling Out: How It Will Be Spent, What’s Next
July 15, 2021  |  Economy

Retailers and restaurants may be in for another consumer spending windfall as 39 million American families will find their bank accounts flush with a couple of hundred...

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Restaurant Roundup: McDonald’s Hopes To ‘Reset’ Franchisee Relationships
Restaurant Roundup: McDonald’s Hopes To ‘Reset’ Franchisee Relationships
July 02, 2021  |  Restaurant Roundup

With relationships strained between McDonald’s and its United States franchisees, in part due to fees that the company said it would charge restaurant owners for...

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Personal Income Dropped 2 Pct Amid Lower Stimulus Benefits
Personal Income Dropped 2 Pct Amid Lower Stimulus Benefits
June 25, 2021  |  Economy

Personal income dropped by 2 percent in May to $414.3 billion, beating forecasts that expected it to decline more, according to estimates released Friday (June 25) by...

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Harris Announcing $1.25 Billion Pandemic Award To CDFI Lenders
Harris Announcing $1.25 Billion Pandemic Award To CDFI Lenders
June 15, 2021  |  Economy

Vice President Kamala Harris will announce that $1.25 billion is being awarded to community development financial institutions (CDFI) lenders so they can help disadvantaged neighborhoods...

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New Report: 53 Pct Of Upper-Income Americans Live Paycheck-To-Paycheck
New Report: 53 Pct Of Upper-Income Americans Live Paycheck-To-Paycheck
June 15, 2021  |  Consumer Finance

Living paycheck to paycheck is sometimes seen as synonymous with being poor, an unfortunate but relatively uncommon circumstance. In fact, it is far more widespread...

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