Lower-income Americans were more likely to spend their stimulus checks, but more Americans could also spend their stimulus checks if more businesses were open when the checks began in late April, research found. (Photo: Getty.) What did people do with their stimulus controls? People who spend most of their stimulus …
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U.S. Treasury revenue has rebounded to begin the week on Monday, after a few economic reports provided a mixed picture of the economy’s health. What do Treasurys do? The 10-year Treasury note yields TMUBMUSD10Y, 0.682% fell 2.3 basis points to 0.655%. Last week, the moderation period on Thursday hit an …
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TOPLINE Shares of Eastman Kodak, which initially swore at an announcement that the government would provide a $ 765 million loan to help shift its efforts in the drug industry, thanked on Monday afternoon for news that the deal would are held as regulators look to accusations of wrongdoing. Kodak’s …
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The Treasury Department on Wednesday approved a $ 700 million loan to YRC Worldwide, a financially troubled trucking company that is also being sued by the Department of Defense (DOD) for overstating shipping costs. “We are pleased that the Treasury grants this loan in accordance with the CARES Law,” declared …
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