2020-11-23@22:01:43 GMT
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second stimulus:

    PRESIDENT-elect Joe Biden is pushing for an “immediate” stimulus deal with second round of checks in order to stop the US from plunging into recession. According to reports, Biden is now pushing Democratic leaders in Congress to reach a quick stimulus deal with Senate Republicans, even if it falls short of the Dems larger HEROES Act. 8President-elect Joe Biden is pushing for an 'immediate' stimulus deal between Dems and GOP membersCredit: Reuters House Speaker Nancy Pelosi and Senator Chuck Schumer have insisted that Republicans agree to their $2.2trillion HEROES Act, however Senate Majority Leader Mitch McConnell wants a much small smaller package. The president-elects push for an “immediate” stimulus deal could mean Dems would have no choice but to agree...
    IF and when a second stimulus check is agreed on the guideline and those who are eligible for one will likely follow the first check. However, there could be changes to rules for the second wave of checks and here’s how to work out if you would qualify for another. 3There could be rule changes to the second round of stimulus checksCredit: Getty Images - Getty Last week, both Democratic Senators Amy Klobuchar and Chuck Schumer gave Americans an optimistic take on the status of a second stimulus package. On Friday, Klobuchar said a second round of stimulus checks will likely come after the Thanksgiving holiday and should be passed “in the next few weeks”. On Thursday, Schumer said there...
    Hopes for another large round of federal assistance for Americans hurt by the coronavirus pandemic are reviving, with President-elect Joe Biden calling on Congress to "come together and pass a COVID-relief package." With many pandemic aid programs running out of funding or set to expire in December, many laid-off workers, small businesses and others face the prospects of more financial hardship without further government help.  Although many analysts expect lawmakers to eventually set aside their partisan differences and pass another stimulus bill, the size and timing of a measure remain uncertain. Senate Majority Leader Mitch McConnell has signaled he backs another stimulus package, noting in a November 4 press conference that he would like an aid deal passed before year-end. Even...
    Getty House Speaker Nancy Pelosi. House Speaker Nancy Pelosi continued to push Senate Majority Leader Mitch McConnell to pass the HEROES Act during a weekly news conference where she also addressed news of the promising vaccines, and she accused members of the Trump administration of sabotaging the economy for the next administration by redistributing billions of dollars in funding. The HEROES Act, which originally cost $3.4 trillion and was updated to cost $2.2 trillion, has been on McConnell’s desk since the Democrat-controlled House passed the bill in May. McConnell’s “skinny bill,” which would cost only $500 billion, was criticized by Pelosi as inadequate and blocked by Senate Democrats months ago. This price tag remains one of several points...
    HOPE for a second round of stimulus checks as early as January as Amy Klobuchar said a new deal should be passed "in the next few weeks." The Democratic Senator said she’s been involved in fresh stimulus negotiations between GOP members and Dems, and believes a bipartisan agreement will likely come after the Thanksgiving holiday. 7Amy Klobuchar said a second stimulus package could be pass 'in the next few weeks'Credit: EPA “I think that it should get done in the next few weeks. I don’t think we should go home at the end of the year without getting it done. I don’t plan it,” Klobuchar told local news Kare 11. Klobuchar said the deal would likely come after the Thanksgiving...
    A SECOND stimulus payment is still to be confirmed by lawmakers - but could you possibly end up with more money compared to the first check? At the moment, there are few details about how much a second stimulus check could be worth or how it will be paid. 1A second stimulus check is still to be confirmed by the powers that beCredit: GETTY IMAGES Talks have been largely stalled since June but discussions are likely to pick up again now the presidential election is out the way. President-elect Joe Biden has said that he will support the HEROES Act (Health and Economic Recovery Omnibus Emergency Solutions Act) - or something that resembles it - to help struggling Americans. The...
    JOE BIDEN said a stimulus deal with second round of checks will be agreed upon once President Donald Trump leaves office Speaking at a virtual discussion hosted with front-line workers on Wednesday, Biden suggested Republicans have resisted the Dems stimulus demands out of fear of “retribution from the president.” 6Joe Biden said a stimulus deal with second round of check will be agreed upon once President Donald Trump leaves officeCredit: AP:Associated Press “Hopefully, when he’s gone, they will be more willing to do what they know should be done – has to be done – in order to save the communities they live in,” Biden said. Republicans and Democrats are negotiating a $2trillion package that includes $1,200 stimulus checks, unemployment...
    REPUBLICANS have slammed House Speaker Nancy Pelosi as the only "roadblock" causing a delay in a Covid relief bill and stimulus checks Speaking during a Thursday press conference, House Minority Leader Kevin McCarthy criticized the 80-year-old politician as many Americans have been banking on a second round of stimulus checks. 5Nancy Pelosi has been slammed as the 'roadblock' in the way of another coronavirus relief dealCredit: The Mega Agency 5House Minority Leader Kevin McCarthy, pictured, criticized 80-year-old Nancy Pelosi during a Thursday press conferenceCredit: AP:Associated Press 5Earlier this week, Senate Majority Leader Mitch McConnell slammed the Dems for holding 'urgent help hostage' for 'literally monthsCredit: EPA “Things are still at the same place. There’s one roadblock," McCarthy told his audience. "There’s one...
    THERE is fresh hope for a second round of stimulus checks thanks to a “breakthrough” in talks between Democrats and Republicans, as the GOP are “eager for deal.” Senator Chuck Schumer delivered the optimistic remarks on Thursday, after McConnell blasted the blue party’s for “repeatedly blocking” another relief package. 2There is new hope for a second stimulus check thanks to a 'breakthrough' in talks between lawmakersCredit: Getty Images - Getty Speaking to reported in Gloversville, New York, Senator Schumer said Republican members are “eager for a deal” and added that he “wants a stimulus bill done as soon as possible.” Schumer said he hopes for the bill to pass even if it is in a lame-duck session of Congress and...
    THE clock is ticking to get your hands on a stimulus check worth $1,200, or $2,400 for couples and $500 for kids under 16. Some people who haven't filed a recent tax return need to register to get the payment - and there's just three days left to do that, or risk missing out on the cash. 1Millions of Americans have received a stimulus payment this yearCredit: Getty Images - Getty Stimulus checks, officially know as the Economic Impact Payment, are handed out by the IRS to help people financially in the wake of the coronavirus crisis. Millions of Americans have received the cash since April and a second check is expected too. But there are almost nine million people...
    WE explain what the Economic Impact Payment card is and how stimulus money is paid using them. It's still unclear whether a second stimulus check will get the go-ahead. 1We explain how EIP workCredit: Getty Images - Getty Lawmakers are currently in negotiations about whether to approve another financial package of support following the on-going coronavirus crisis.  However, there looks to be more room to discuss a potential second payment now the presidential election is out the way. Yesterday, House speaker Nancy Pelosi asked Republicans to restart coronavirus relief negotiations, raising hopes for a second round of checks. At the moment, there are few details about how much a second stimulus check could be worth or how it will be paid....
    Getty Senate Majority Chief Mitch McConnell. Mitch McConnell, the Senate majority chief took to calling the Democrats’ signature second stimulus invoice, the HEROES Act, “unserious” and claimed that it contained “enormous tax cuts for wealthy folks in blue states.” The HEROES Act, which initially price $3.four trillion and was up to date to price $2.2 trillion, has been on McConnell’s desk for the reason that Democrat-controlled Home handed the invoice in Could. In the meantime, Democrats are sticking with the upper quantity and a few are even discussing measures President-elect Joe Biden can take as soon as he’s in workplace, corresponding to forgiving scholar mortgage debt to spice up spending.McConnell Referred to...
    Getty Senate Majority Leader Mitch McConnell. Mitch McConnell, the Senate majority leader took to calling the Democrats’ signature second stimulus bill, the HEROES Act, “unserious” and claimed that it contained “huge tax cuts for rich people in blue states.” The HEROES Act, which originally cost $3.4 trillion and was updated to cost $2.2 trillion, has been on McConnell’s desk since the Democrat-controlled House passed the bill in May. Meanwhile, Democrats are sticking with the higher number and some are even discussing measures President-elect Joe Biden can take once he’s in office, such as forgiving student loan debt to boost spending.McConnell Called  the HEROES Act Unserious House Democrats’ so-called “HEROES Act” is so unserious that it was condemned by...
    CONGRESS is nowhere near restarting talks for the second round of stimulus checks - but Democrats are looking to change that as the number of coronavirus cases soars throughout the nation. "We write to request that you join us at the negotiating table this week," read a letter Senate Minority Leader Chuck Schumer and House Speaker Nancy Pelosi wrote to Senate Majority Leader Mitch McConnell. 4Nancy Pelosi and Chuck Schumer sent Mitch McConnell a letter asking to restart talks on the second stimulus checkCredit: Alamy Live News 4McConnell has been unwilling to budge from his $500 billion stimulus packageCredit: EPA "So that we can work towards a bipartisan, bicameral COVID-19 relief agreement to crush the virus and save American...
    DALLAS (CBSDFW.COM) – Will there be a second round $1,200 stimulus checks? Likely, yes. Will the payments come in time for the holidays? Likely, no. It has been seven months since the IRS began sending out the first round of COVID-19 relief stimulus checks. Most low and middle income families received $1,200 for single taxpayers and $2,400 for married couple, as well as $500 for most children. Almost immediately after the first round of stimulus funding went out, talks began on a second round of payments but lawmakers have yet to reach an agreement on an additional stimulus package. Even if this Congress approves a second stimulus payment before Congress adjourns for the year in mid-December, it is unlikely the...
    THE final string of the CARES Act is set to expire on Dec. 31, 2020, however, if President-elect Joe Biden secures a new relief deal your second stimulus check could be bigger than the first. Biden has said that he will support the HEROS Act or something that resembles it in order to help struggling Americans during the coronavirus pandemic. 4Here's how your second stimulus check could be bigger if Joe Biden secures a relief dealCredit: Getty Images - Getty “It has all the money and capacity to take care of each of those things now – not tomorrow – now,” Biden said on Monday. The HEROS Act is the $2.2trillion measure passed by the Democratic-led House before the election,...
    MILLIONS of Americans could be due a second stimulus check if a new bill is finally passed - but how quickly could payments be sent out? The first stimulus was worth $1,200 or $2,400 for couples and $500 for kids under 16. 1A second stimulus payment still needs to be approved by lawmakersCredit: GETTY IMAGES Lawmakers are currently in negotiations about whether to approve another financial package of support following the on-going coronavirus crisis.  However, there looks to be more room to discuss a potential second payment now the presidential election is out the way. At the moment, there are few details about how much a second stimulus check could be worth, or who would be eligible. But there are...
    Getty President-elect Joe Biden spoke on the Queen Theater in Delaware. Throughout one in all his first official appearances since changing into president-elect, Joe Biden spoke on the Queen Theater in Wilmington, Delaware and provided his ideas on how he would deal with the pandemic-related financial disaster. Tune in now as President-elect @JoeBiden and I give remarks on our nation’s financial restoration and the way we’re going to rebuild our economic system so it really works for working individuals. https://t.co/EUShCRNvyW — Kamala Harris (@KamalaHarris) November 16, 2020 Throughout his speech, Biden mentioned that Congress must move the HEROES Act, a invoice Home Speaker Nancy Pelosi has championed since Could that’s projected to...
    Getty President-elect Joe Biden spoke at the Queen Theater in Delaware. During one of his first official appearances since becoming president-elect, Joe Biden spoke at the Queen Theater in Wilmington, Delaware and offered his thoughts on how he would address the pandemic-related economic crisis. Tune in now as President-elect @JoeBiden and I give remarks on our nation’s economic recovery and how we’re going to rebuild our economy so it works for working people. https://t.co/EUShCRNvyW — Kamala Harris (@KamalaHarris) November 16, 2020 During his speech, Biden said that Congress needs to pass the HEROES Act, a bill House Speaker Nancy Pelosi has championed since May that is projected to cost between $2.2 and $2.4 trillion. He also touted...
    Browns close facility after player tests positive The Secret History of the Royal Train Americans Planning to Cut Back This Holiday Season Without a Second Stimulus Check © Provided by The Motley Fool Americans Planning to Cut Back This Holiday Season Without a Second Stimulus Check © Getty Images A relief check being held with an American flag. While it doesn't influence our opinions of products, we do receive compensation from partners whose offers appear here. We're on your side, always. See our full advertiser disclosure here. Load Error The holiday season is going to look very different this year as COVID-19 cases spike across the country, and many local and public health officials urge Americans to skip...
    WITH the presidential election behind us, there is still hope for a second stimulus package and here’s what you should do if you want to get your second check faster. Whether the second stimulus check arrives before the New Year or after Joe Biden’s January 20 inauguration, these are the step you should take if you want your second $1,200 payment to arrive faster. 3These are the steps you should take if you want your second stimulus check to arrive faster, if a second relief bill is passedCredit: Getty Images - Getty Sign up for Direct Deposit if you haven't or if you can If you have a bank account, you can use the IRS Get My Payment online service...
    MILLIONS of Americans have just six days left to claim a first stimulus payment, or to notify the government about money owed. The first stimulus was worth $1,200 or $2,400 for couples and $500 for kids under 16. 1We've rounded up everything you need to know about the first stimulus paymentCredit: GETTY But at the start of November, it was estimated that almost nine million people may still have stimulus checks to claim from the Internal Revenue Service (IRS). The deadline for making a claim for a full or partial payment - for example, if you’ve only been paid part of what you’re owed - is 3pm ET this Saturday, November 21. It means you have just six days left...
    (CBS Detroit) — President-elect Joe Biden will have a full to-do list when he takes office on January 20. Wrangling the COVID-19 pandemic and rebuilding the economy are likely right at the top. His transition team is already hard at work putting plans in place. Earlier this week, the Biden-Harris transition team announced the creation of the Transition COVID-19 Advisory Board, a group of public health experts to consult with Biden and Vice President-elect Kamala Harris. As Biden says, “dealing with the coronavirus pandemic is one of the most important battles our administration will face, and I will be informed by science and by experts.” Containing the virus is key to rebuilding the economy. And the incoming Biden administration is...
    Getty Will there be a second stimulus test? Here is what it’s best to know. As coronavirus instances throughout the nation proceed to rise, People are hoping for a stimulus bundle to supply some type of financial reduction. Is a second stimulus test on its means, and are you more likely to obtain one? As CNET not too long ago identified, whereas Congress has not come to an settlement on the parameters of a second stimulus bundle, a test will of $1,200 will doubtless be within the remaining laws. It also needs to be famous that President-elect Joe Biden has included one other spherical of stimulus checks in his plans after his...
    Getty Will there be a second stimulus check? Here's what you should know. As coronavirus cases across the nation continue to rise, Americans are hoping for a stimulus package to provide some form of economic relief. Is a second stimulus check on its way, and are you likely to receive one? As CNET recently pointed out, while Congress has not come to an agreement on the parameters of a second stimulus package, a check will of $1,200 will likely be in the final legislation. It should also be noted that President-elect Joe Biden has included another round of stimulus checks in his plans after his January 20 inauguration. While it’s too early to say who will receive a...
    Getty Home Speaker Nancy Pelosi Home Speaker Nancy Pelosi is as soon as once more calling on Republicans to barter a coronavirus aid measure as circumstances of COVID-19 and hospitalizations spike throughout the U.S. In October, The Washington Publish introduced that Treasury Secretary Steven Mnuchin, appearing on behalf of the White Home, proposed a $1.Eight trillion financial aid invoice, which Pelosi rejected as a consequence of language that she mentioned modified the invoice right into a “slush fund” for the Trump administration. With President Trump refusing to concede the election and President-elect Biden anticipated to maneuver into the White Home in January, McConnell is now the lead negotiator for Republicans. McConnell is anticipated...
    Getty House Speaker Nancy Pelosi House Speaker Nancy Pelosi is once again calling on Republicans to negotiate a coronavirus relief measure as cases of COVID-19 and hospitalizations spike across the U.S. In October, The Washington Post announced that Treasury Secretary Steven Mnuchin, acting on behalf of the White House, proposed a $1.8 trillion economic relief bill, which Pelosi rejected due to language that she said changed the bill into a “slush fund” for the Trump administration. With President Trump refusing to concede the election and President-elect Biden expected to move into the White House in January, McConnell is now the lead negotiator for Republicans. McConnell is expected to support a “skinny bill” which Forbes and Politico have reported include $300 weekly unemployment...
    (CBS Detroit) — Joe Biden, the president-elect, will have a full to-do list when he takes office on January 20. Wrangling the COVID-19 pandemic and rebuilding the economy are likely right at the top. His transition team is already hard at work putting plans in place. Earlier this week, the Biden-Harris transition team announced the creation of the Transition COVID-19 Advisory Board, a group of public health experts to consult with Biden and Vice President-elect Kamala Harris. As Biden says, “dealing with the coronavirus pandemic is one of the most important battles our administration will face, and I will be informed by science and by experts.” Containing the virus is key to rebuilding the economy. And the incoming Biden administration...
    Getty President-elect Joe Biden (top left), Vice President-elect Kamala Harris (top right), Treasury Secretary Steven Mnuchin (bottom left) and Senate Majority Leader Mitch McConnell (bottom right). With many of the coronavirus-era protections expected to end December 31, party leaders have taken months to negotiate how much the next bill should cost and which benefits should be included. Two Georgia Senate races that have gone into runoffs could change whether Democrats have the ability to control both chambers of Congress, and therefore, push through a larger bill with fewer compromises. You can read more about the implications of that race here. However, these are the four bills on the table right now.Pelosi’s HEROES Act Is Still Being Negotiated It...
    DONALD Trump’s administration is stepping back from stimulus talks – leaving the second round of $1,200 checks in doubt after promising a “tremendous” package after the election. Trump’s White House will leave stimulus talks to Senate Majority Leader Mitch McConnell to resolve the long-stalled negotiations with House Speaker Nancy Pelosi. 4Donald Trump's administration is stepping away from stimulus talksCredit: Reuters Two people familiar with the matter told Bloomberg that the White House will probably consult with Republican lawmakers on details of a relief bill, but it’s now unlikely to take the lead on talks. The individuals added that the White House would only take over if negotiations have to be restarted completely. On Oct. 27, Trump vowed to deliver the...
    While there is no certainty when a new stimulus package that includes checks will be approved, the old one is still a possibility. At the moment, the parties involved in the process seek to get the legislative processes back on track after the elections. In this panorama, the option that new legislation is not seen until next year when the configuration of Congress is clearer is more than viable. But there could also be movements before the end of the year in view of the fact that legislators have until December 11 to avoid a budget law that avoids a government shutdown. While the media and Americans in general continue to wait to confirm the...
    PLANS for the second coronavirus stimulus package, which includes another wave of $1,200 checks could be in jeopardy under Joe Biden’s administration as the bill could be blocked in Senate. The plan to pass a stimulus package after the election is quickly fading as Senate Republicans continue to resist such a large spending bill proposed by Democrats. 4The second coronavirus stimulus package could be in jeopardy under Joe Biden's administration as the bill could be clocked by Senate RepublicansCredit: Getty Images - Getty President-elect Biden developed the Emergency Action Plan to Save the Economy, a draft document that provides insight on the direction he could take on a relief bill once he’s in office. However, failure by lawmakers to address...
    LAWMAKERS are set to return to the negotiating table over a new coronavirus relief package, including a second stimulus check. The first "Economic Impact Payment" was worth up to $1,200 and given to low-income households. 1A second stimulus check is being considered by government Credit: Getty Images - Getty The checks were part of the CARES Act package rolled out in March to support Americans who were left out of work because of the pandemic. Now, a second round of economic support is being discussed. While nothing has been agreed on yet, a second payment looks likely now the presidential election is out the way and Joe Biden is heading for the White House. Here, we explain...
    Getty The logo of the US Social Security Administration. The government’s annual calculations have shown a rise in the cost-of-living, which Social Security Administration officials have said will mean more money in social security benefits in 2021. However, one of the biggest proposed changes could come if President-elect Joe Biden’s stimulus plan goes through, which proposes to add an extra $200 to millions of social security payments.The Government Plans a Cost-of-Living Increase for 2021 #SocialSecurity announces 1.3 percent benefit increase for 2021. Stay tuned for more information. — SocialSecurity_Press (@SSAPress) October 13, 2020 According to the Social Security Administration, the average monthly social security check for retired workers was $1,514. The administration says that the number of...
    The Biden Plan includes an emergency sick leave. Photo: Joe Raedle / . President-elect Joe Biden released the Emergency Action Plan to Save the Economy, a document that provides information on the direction in which you can focus your government’s actions once you take office. Negotiations on the eventual bill between Democrats and Republicans they won’t be easy. In fact, the route to get through another stimulus package before and after the inauguration is expected to be rugged. Biden could share more details of his coronavirus response plan this week, including greater stimulus aid actions for citizens. This is a summary of the plan: Stimulus checks: Biden’s plan will include more direct stimulus...
    Getty Senate Majority Leader Mitch McConnell. Senate Majority Leader Mitch McConnell, fresh off a win to retain his Kentucky senate seat from challenger Amy McGrath, is expected to take over negotiations for a new coronavirus relief measure. McConnell has made it clear that his intent is to develop a “targeted” and less costly bill, which has received pushback from main Democratic negotiator and House Speaker Nancy Pelosi. The two publically clashed when McConnell suggested that targeted approach and Pelosi said, according to The Hill, “That isn’t anything that we should even be looking at.” McConnell, however, has given many reasons for why he wants a “skinny bill,” including deficit spending and reducing/eliminating some of the more costly elements present...
    AMERICANS will get another check from the government to help them through the coronavirus crisis. A second stimulus payment is coming and although the full details have not yet been agreed by politicians, here's who's expected to miss out on the money this time. 1A second round of stimulus checks are plannedCredit: Getty Images - Getty Congress has not finalised the bill which needs to be passed before the money is paid but it could come before the end of the year following the election of Joe Biden as the next President. The first stimulus was worth $1,200 or $2,400 for couples and $500 for kids under 16. Based on the previous stimulus payment outlined in the CARES act -...
    AMERICANS over the age of 65 who were eligible for the first $1,200 stimulus check will likely receive a second one if a new relief bill is signed into law. As the details on the next stimulus package remains unclear, here are what seniors and retirees need to know about their stimulus eligibility. 3Seniors and retirees who received a $1,200 stimulus check via the CARES Act will be eligible for a second check if a new relief bill is passedCredit: Getty Images - Getty Who does the IRS count as an older adult or senior citizen? The IRS considers anyone age 65 or older at the end of 2019 as a senior on their taxes that year and beyond. How...
    skynesher If someone texts you promising a $1,200 stimulus check, don't click. That's the message the IRS is sending to Americans with regard to the latest text scam related to the one-time stimulus payments the government sent out this past spring. The text scam typically reads, "You have received a direct deposit of $1,200 from COVID-19 TREAS FUND. Further action is required to accept this payment into your account. Continue here to accept this payment …"  More from Personal Finance:Why Covid-19 has devastated people who lived paycheck to paycheckHere are the top 5 U.S. cities for retirementThree things to keep in mind to handle market volatility The link that accompanies the message is a fake phishing URL. It directs people...
    AMERICAN’S who are eagerly awaiting the next stimulus package may be in for some good news, as a second $1,200 check could arrive before the end of the years after the presidential election results. AMERICAN’S who are eagerly awaiting the next stimulus package may be in for some good news, as a second $1,200 check could arrive before the end of the years after the presidential election results. 4President-elect Joe Biden will be inaugurated on Jan. 20, 2021Credit: EPA On Jan. 20, President-elect Joe Biden will be inaugurated as the 46th president, but we still don’t have a timeline for when Congress will begin drafting a second relief bill. Both House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell...
    Getty The IRS has said that stimulus check payments can be garnished if you owe child support. If President elect Joe Biden gets his way, you could be getting a second round of COVID-19 stimulus checks. How much would Biden’s plan give you? That’s unclear. However, Biden does have a plan that supports a second round of stimulus checks to Americans, according to CNet. Biden’s plan doesn’t explain the amount and it doesn’t say what the guidelines would be for getting a check, although Republicans and Democrats have previously voiced general agreement in passing a second check similar to the first ($1,200) but with expansion to include more adult dependents, like college students who were left out last...
    Getty House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin. Millions of people are jobless and the odds of Congress and the White House compromising on a second stimulus package before 2021 appear low, which has left many Americans to wonder what’s holding up the process. Democrats have proposed a $2.2 million HEROES Act, while the White House has proposed a $1.8 million stimulus bill. Based on public statements, the main negotiators of a second stimulus package — House Speaker Nancy Pelosi and White House Treasury Secretary Steven Mnuchin — have been haggling over five major factors in the next stimulus: unemployment benefits, state and local funding, family support measures, coronavirus testing tracing and coronavirus liability protection for...
    Getty The official unemployment rate in the Bronx is 21% while the unofficial number is presumed to be almost twice that. With many residents unable to afford health care and being home to a significant amount of front-line workers, the Bronx has the highest COVID-19 death rate in New York City. With coronavirus cases spiking again, many are concerned that more business closures and lockdowns could affect an economy that has yet to recover from the first wave of the pandemic. The Associated Press reported that despite some promising indicators in the latest jobs report from the Labor Department, analysts have expressed concern due to several negative indicators as well as the current “second wave” of coronavirus cases....
    Climate Point: As vote counts continue, Biden vows Day 1 climate action Grocers restore purchase limits on toilet paper, other products as COVID-19 cases surge Second stimulus check: With no relief in sight, here are 6 places to turn for financial help The long-awaited second round of stimulus is still on the table, but the timeline for when Americans would actually see a new round of aid is still being held up in Congress. © Pekic/Getty Images Father stressed about bills Previously, it was the presidential and congressional elections slowing down the decision, but with the results slowly coming in, it sounds like leaders are starting to shift their focus back to stimulus options. Senate Majority Leader Mitch McConnell...
    Getty House Democrats are calling for another round of stimulus checks in their new $2.2 trillion proposal. The presidential election is over, although it’s bogged down in legal challenges and continuing ballot counts. Does that mean that you will get a $1,200 second stimulus check from the government now (and $3,400 for a family of four)? Those are the amounts that both Republicans and Democrats conceptually agreed on as negotiations bogged down in the days before the election. Former Vice President Joe Biden is leading in the electoral college, although President Donald Trump has claimed he’s being cheated and is fighting on. Both men have voiced support for a second round of stimulus checks. But it’s really...
    Happy Wednesday MarketWatchers. Don’t miss these top stories:‘We want to work for ourselves and achieve that American Dream’: Why polls got the ‘Latino vote’ wrong As the U.S. sorts through election results, some question the usefulness of categorizing voters as ‘Latino.’What a Biden or Trump win would mean for a second round of stimulus checks Senate Majority Leader Mitch McConnell said Wednesday that 'we need another rescue package.' I am a white woman of privilege and a single mother. I need a ‘zinger’ to stop my sister-in-law telling me why I have it so good The Moneyist reveals his 5 golden rules for dealing with difficult people.‘Diverse perspectives lead to better decision making’: Ariel Investments’ John Rogers Jr. pushes corporate...
    (CBS Detroit) — Election day has come and gone, and the country is still waiting to see whether Donald Trump or Joe Biden will be president for the next four years. As of Wednesday afternoon, multiple battleground states remained too close to call. Despite the uncertainty, the stock market is once again reacting positively. The Dow Jones was up over 700 points early Wednesday afternoon. The S&P 500 and the NASDAQ, which is more technology-oriented, also showed significant gains in early trading. All three finished up for the day. What does this stock market reaction mean in light of the 2020 election? Investors like certainty. Yet, despite this truism, they’re pushing stocks up. That could change if the uncertainty drags...
    Election Day voting may be over, but Congress is still on hiatus. Regardless of the eventual results, any potential second stimulus bill will most likely be delayed until at least January, according to Garrett Watson, a senior policy analyst at the Tax Foundation.  Check out this video to learn how likely Congress is to pass a stimulus bill in the coming months and to see what the results of the election mean for future coronavirus relief legislation. More from Invest in You:'Predictably Irrational' author says this is what investors should be doing during the pandemicCoronavirus forced this couple into a 27-day quarantine amid their honeymoon cruiseHow to prepare for a family member with Covid-19 Disclosure: NBCUniversal and Comcast Ventures are...