• The White House is proposing a $400 federal unemployment benefit as part of its $1.6 trillion stimulus package

    25 days ago - By Business Insider

    Summary List Placement
    The White House is proposing to restore federal unemployment benefits at $400-per-week as part of its $1.6 stimulus plan offered to Democrats on Wednesday, Bloomberg reported .
    The plan would be retroactive to September 12, per Roll Call, which first reported the details of the Trump administration's spending proposal.
    It means payments would be dated just over a week after the Federal Emergency Management Administration said it was capping funding for six weeks of $300 jobless benefits for states taking up the federal "Lost Wages" program through September 5...
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  • Second $1,200 stimulus checks are likely if a coronavirus stimulus deal goes through

    Second $1,200 stimulus checks are likely if a coronavirus stimulus deal goes through

    26 days ago - By CNBC

    As Republicans and Democrats negotiate over the details of the next stimulus bill, one form of relief that has support from both sides are a second round of $1,200 stimulus checks. Here's how they could compare to the first payments.
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  • US stocks climb amid optimism around further economic stimulus

    US stocks climb amid optimism around further economic stimulus

    26 days ago - By Business Insider

    Summary List Placement
    US stocks climbed on optimism surrounding the potential for more fiscal stimulus measures being passed by Congress.
    The latest compromise called for a $1.6 trillion stimulus package that would include another round of direct payments to individuals.
    Initial weekly jobless claims fell to 837,000, which was lower than expectations and suggests that the ongoing economic recovery is trudging along.
    Watch major indexes update live here .
    US stocks climbed on Thursday amid increased optimism that an additional round of fiscal stimulus could be passed by Congress prior to...
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  • US stocks climb amid optimism around further economic stimulus

    26 days ago - By Business Insider

    Xinhua/Wang Ying/ Getty Images
    US stocks climbed on optimism surrounding the potential for more fiscal stimulus measures being passed by Congress. The latest compromise called for a $1.6 trillion stimulus package that would include another round of direct payments to individuals. Initial weekly jobless claims fell to 837,000, which was lower than expectations and suggests that the ongoing economic recovery is trudging along. Watch major indexes update live here. US stocks climbed on Thursday amid increased optimism that an additional round of fiscal stimulus could be passed by Congress...
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  • The White House unveils a new stimulus package with $400 weekly unemployment benefits and $1,200 checks

    26 days ago - By Fortune

    Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today .
    During a closed-door meeting on Wednesday Treasury Secretary Steven Mnuchin offered House Speaker Nancy Pelosi the White House's biggest stimulus offer yet.
    The White House upped its stimulus offer from $1.3 trillion to $1.6 trillion. That's still below the $2.2 trillion that Democratic leaders are requesting, but sufficient enough for Pelosi to delay a Wednesday vote on the revised $2.2 trillion HEROES Act as the two parties continue negotiations.
    The...
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  • Stimulus Update: Mnuchin Says Next Bill To Include $1,200 Checks ‘If There Is A Deal,' Offers Pelosi $1.6 Trillion

    26 days ago - By Forbes

    Today is a critical deadline for lawmakers to reach an agreement before the election on the next round of federal coronavirus aid. Here's everything you need to know.
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