Bernd Vogel | Getty Images According to the CNBC Millionaire Survey, despite the predictions of the Washington Gridlock and the Republican-led Senate, American millionaires are scrambling for tax increases next year. Nearly two-thirds of millionaires say taxes will rise under the Biden administration, which has questioned 50,050 people with more …
Read More »Fresh Covid-19 Global Stocks Drop on Travel Ban, Oil Tumble
Global stocks fell Monday following a fresh travel ban on the rapid spread of coronavirus emerging from England, hitting the prospect of a global economic recovery another blow. Futures linked to the S&P 500 fell more than 1%, pointing to losses on the opening bell for the benchmark stocks gauge, …
Read More »900 900 billion relief in COVID-19, highlights of wrapup bills
Congress leaders have unveiled a massive, year-end bill that includes 900 1.4 trillion in Olympus spending bills and other unfinished legislation on taxes, energy, education and health care with V 900 billion in subsidized COVID-19 aid. The bill for the huge, special bill is due to come to a vote …
Read More »Poverty, hunger and unemployment have risen in the U.S. as a congressional aid deal approaches
Millions of Americans have not enough to eat, are lagging behind in paying for housing, or have difficulty paying their bills. And millions of Americans are slipping into poverty. Here’s how things are getting harder for Americans. More people in poverty Nearly one million more Americans have joined the ranks …
Read More »Here’s what’s in the second stimulus package
A number of changes were made to the proposal, which was tabled about two weeks ago by a bipartisan group of legislators. Direct stimulus testing was brought to the final moment. The states were left with direct aid and liability protection for companies. Legislators from both chambers are expected to …
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