Money

New Relief Bill May Lower Unemployment Benefits to $400 a Month Through Dec. 31: Report

With the first wave of expanded COVID-19 unemployment benefits set to expire at the end of this month, officials are weighing the possibility of lowering the amount of the weekly payment but extending its duration through the end of the year.
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Second Stimulus Check Will Likely Be in Next Coronavirus Relief Bill — But Questions Remain

As much of the country continues to grapple with rising COVID-19 case numbers, many Americans are wondering whether they’ll receive a second stimulus check.
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Will a Second Stimulus Check Be Approved by the End of July?

A new coronavirus relief bill is a high priority for legislators during the remaining half of July. But the aid may look different the second time around, according to Treasury Secretary Steven Mnuchin.
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Can You Restart Unemployment Benefits If You’re Laid Off Again?

The economic effects of the coronavirus pandemic have caused millions of Americans to lose their jobs. But what should you do if you found employment, and were laid off again? Here’s what you need to know about reapplying for unemployment benefits.
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Twitter CEO Donates Millions to Fund Universal Basic Income Program

Billionaire Twitter CEO Jack Dorsey is donating a portion of his fortune to help fund a universal basic income project. Dorsey shared the news of his six-figure contribution on Twitter, naturally.
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Will There Be a $40,000 Income Threshold for a Second Stimulus Check?

Officials are weighing several options for the form that a second round of COVID-19 relief could take. One possibility is giving checks to those who have “been hit the hardest,” according to Senate Majority Leader Mitch McConnell.
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Stimulus Checks Prevented Over 12 Million Americans From Poverty: Study

Coronavirus relief in the form of a stimulus package passed by Congress in March saved around 12.5 million Americans from sinking below the poverty line, a new study says.
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Economist Predicts U.S. Recovery Is Unlikely Before 2022

The impacts of the coronavirus pandemic could be felt for some time in the United States, according to an economist who has been recognized for his accurate predictions in the past.
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Walmart Will Launch Amazon Prime Competitor This Month: Report

Walmart is gearing up to launch Walmart+, a competitor to Amazon Prime, later this month, according to Vox’s Recode, citing multiple sources.
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How to Keep Saving Money Once the Coronavirus Pandemic Ends

The COVID-19 virus has rapidly spread throughout the world while financially devastating almost 45 million unemployed Americans. Did you save your money during the pandemic?
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