CNBC’s Jim Cramer said Thursday that the Federal Reserve and Trump administration’s economic response to the coronavirus pandemic has been critical to the recovery of American jobs and financial markets. “They threw a lot into the economy to make it work, and I think you could argue from that number …
Read More »Pence promises to ‘keep opening America’
Vice President Mike Pence promised Thursday that the Trump administration “will continue to open up the United States” despite a recent surge in coronavirus cases. Pence told CNBC’s “Squawk on the Street” that the White House will stick with state leaders “every step of the way as they continue to …
Read More »The next relief bill could include stimulus checks, job bonds.
Pedestrians in Washington pass a “We Are Open” restaurant sign during the Covid-19 outbreak on May 12. Jonathan Ernst | Reuters When it comes to the next coronavirus stimulus package and providing more direct financial aid, the question on the lips of most Americans is, “Will they or won’t they?” …
Read More »Treasury Department, the IRS will not extend Tax Day a second time
Uncle Sam has listened to their requests for more time to file their taxes, and they have been denied. The Treasury Department and the IRS will meet the July 15 deadline for 2019 income tax returns and taxes due for that year, the agencies said. The announcement came less than …
Read More »Don’t count on a second round of stimulus checks: what to do instead
With the economy officially in recession, millions of Americans continue to receive unemployment benefits and some states pause their reopening plans amid spikes in the number of coronavirus cases, not surprising that some lawmakers are calling for a second round of controls on stimulus. While Democrats have primarily been pushing …
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