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

BoA Head Moynihan: Consumer Spending Up, Fed Accommodation Should Go Down 
BoA Head Moynihan: Consumer Spending Up, Fed Accommodation Should Go Down 
June 14, 2021  |  Economy

Consumer spending is 20 percent higher this year than 2019, a signal Bank of America (BoA) CEO Brian Moynihan told CNBC is a sign that federal accommodation...

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60,000 Stimulus Checks Sent To The Dead Returned Voluntarily
60,000 Stimulus Checks Sent To The Dead Returned Voluntarily
May 27, 2021  |  Coronavirus

Nearly 60,000 stimulus payments made to dead people have been returned so far, according to a new report from the Treasury Inspector General. The report says...

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Discounters, Off-Price Retailers Face A Future Without Stimulus Checks
Discounters, Off-Price Retailers Face A Future Without Stimulus Checks
May 27, 2021  |  Retail

While the final round of $1,400 stimulus checks issued in March may feel like ancient history to some, for the retailers that cater to the...

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Treasury Department Issues $6.1 Billion To Help Renters, Landlords
Treasury Department Issues $6.1 Billion To Help Renters, Landlords
May 21, 2021  |  Real Estate

The Department of the Treasury announced Friday (May 21) that it has distributed $6.1 billion to help landlords and tenants through the Emergency Rental Assistance...

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Restaurant Roundup: With CDC Update, Dining’s Post-Pandemic Future Comes Into View
Restaurant Roundup: With CDC Update, Dining’s Post-Pandemic Future Comes Into View
May 14, 2021  |  Restaurant Roundup

The CDC announced Thursday (May 13) that it is no longer necessary for fully vaccinated people to wear masks indoors or out, except where required...

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Historic Unemployment Numbers Collide With Record Demand For Workers
Historic Unemployment Numbers Collide With Record Demand For Workers
May 11, 2021  |  Economy

While U.S. President Joe Biden has continued advocating for the necessity of boosted jobless benefits, employers say they are having trouble getting workers to fill...

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Report: Kabbage, FinTechs Under Justice Department Scrutiny For PPP Loan Distribution
Report: Kabbage, FinTechs Under Justice Department Scrutiny For PPP Loan Distribution
May 09, 2021  |  Loans

The U.S. Department of Justice is conducting a civil probe into whether some FinTechs distributing federal Payroll Protection Program relief botched loan sizes, Reuters reported,...

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Corporate Bankruptcies Drop 50 Pct Since Pandemic Start
Corporate Bankruptcies Drop 50 Pct Since Pandemic Start
May 04, 2021  |  Business

The U.S. saw 10 bankruptcy filings by large corporates with at least $50 million in liabilities in April, but that’s almost 50 percent lower than...

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Cosi Restaurant Chain Seeks Speedy Bankruptcy Process
Cosi Restaurant Chain Seeks Speedy Bankruptcy Process
May 04, 2021  |  Economy

Restaurant chain Cosi, which is now in bankruptcy, wants to speed up the process so it can gain access to federal aid for restaurants as...

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