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

Key Financial Leaders Offer Dueling Economic Forecasts
Key Financial Leaders Offer Dueling Economic Forecasts
September 29, 2020  |  Economy

Is the U.S. economy in a V-shaped recovery or should we brace for a long and bumpy road ahead? It depends on who you listen...

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Is Consumer Spending Heading Toward A Cliff?
Is Consumer Spending Heading Toward A Cliff?
September 29, 2020  |  Economy

Consumer spending has been on something of a roller-coaster ride in 2020 thus far – dropping into the basement in the spring, but showing signs...

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Pelosi, Mnuchin Return To The Stimulus Negotiation Table
Pelosi, Mnuchin Return To The Stimulus Negotiation Table
September 29, 2020  |  Economy

With just 36 days until the presidential election, House Speaker Nancy Pelosi (D-California) and U.S. Treasury Secretary Steven Mnuchin are still trying to iron out the details...

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US House Dems Craft New $2.4 Trillion Stimulus Package
US House Dems Craft New $2.4 Trillion Stimulus Package
September 24, 2020  |  Economy

House Democrats are back with a new stimulus proposal for $2.4 trillion, around $1 trillion less than the previous one projected, according to CNBC. The...

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BoA CEO: More Consumers Keeping Credit Card Payments Current
BoA CEO: More Consumers Keeping Credit Card Payments Current
September 24, 2020  |  Economy

Bank of America’s CEO said Thursday (Sept. 24) credit card delinquencies are “lower now than they were last year” as more people come off deferrals...

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House Democrats Argue For Second Round Of $1,200 Stimulus Checks
House Democrats Argue For Second Round Of $1,200 Stimulus Checks
September 22, 2020  |  Economy

House Democrats are continuing to push for a second round of $1,200 individual stimulus checks, CNBC reported. The first round, sent out in March as...

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Millions Of Americans Still Missing Stimulus Checks
Millions Of Americans Still Missing Stimulus Checks
September 21, 2020  |  Economy

Incomplete government records could have resulted in around 8.7 million Americans miss $1,200 payments, according to a government watchdog, the Associated Press reported Monday (Sept. 21). The...

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Experts See Financial Pain As COVID Aid Wanes
Experts See Financial Pain As COVID Aid Wanes
September 21, 2020  |  Economy

The failure of lawmakers to agree on additional COVID-19 relief has left some policy experts including Federal Reserve Chairman Jerome H. Powell worried that the...

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Will A Last-Ditch Stimulus Effort Save U.S. Holiday Spending?
Will A Last-Ditch Stimulus Effort Save U.S. Holiday Spending?
September 15, 2020  |  Consumer Payments

Whether Congress and President Donald Trump agree on a second round of U.S. government stimulus for consumers and businesses has been a moving target in...

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