Venmo, the increasingly popular mobile payment app, has just announced a new check-cashing service. Offered to select US users on Monday, the Cash a Check option can be used to cash printed, payroll and U.S. government checks without visiting a bank, including the latest stimulus checks. There is a fee attached to the service, though … Read more
Stocks jumped to record highs at the start of the final week of 2020 after President Donald Trump unexpectedly signed a $900 billion COVID-19 economic aid package. The Dow Jones rose 240 points higher, or 0.8%, to 30,440 points as of 11.30am EST. The benchmark briefly climbed to 30,525.56, its first intraday record in 10 days, before … Read more
Stocks jumped to record highs at the start of the final week of 2020 after President Donald Trump unexpectedly signed a $900 billion COVID-19 economic aid package. The Dow Jones rose 240 points higher, or 0.8%, to 30,440 points as of 11.30am EST. The benchmark briefly climbed to 30,525.56, its first intraday record in 10 days, before … Read more
Donald Trump sparked a panicked stock market sell-off Tuesday afternoon as he tweeted that he would not allow talks on a stimulus plan to go on before the November election. In a series of tweets sent from the White House residence where he is still on drugs to fight his COVID, Trump canceled talks with … Read more
Democrats release new $2.2trillion COVID package including second round of stimulus checks, $600 in extra unemployment and $436billion for state and local governments House Speaker Nancy Pelosi spoke with Treasury Secretary Mnuchin Monday ‘The two agreed to speak again tomorrow morning’, according to her aide The scaled back package will ‘protect lives, livelihoods, and the … Read more
BREAKING: Democrats release new $2.2trillion COVID package including second round of stimulus checks, $600 in extra unemployment and $436billion for state and local governments House Speaker Nancy Pelosi spoke with Treasury Secretary Mnuchin Monday ‘The two agreed to speak again tomorrow morning’, according to her aide The scaled back package will ‘protect lives, livelihoods, and … Read more
Top Bank of England official says it is ‘quite likely’ that Covid-hit economy will need more stimulus By Daily Mail City & Finance Reporter Published: 21:57 BST, 4 September 2020 | Updated: 21:57 BST, 4 September 2020 A top official at the Bank of England said it was ‘quite likely’ that the Covid-hit economy would … Read more
Bank of England could launch another £100bn stimulus as interest rates face a cut to zero Economists expect rates are to remain at 0.1% when the Bank meets this week But Bloomberg said markets are already beginning to price in a cut to negative Bank to publish a report this week into the prospect of … Read more
Stricken shops are left out of the Chancellor’s £30bn stimulus package as they continue to shed jobs By Tom Witherow For The Daily Mail Published: 22:15 BST, 8 July 2020 | Updated: 22:15 BST, 8 July 2020 Britain’s stricken shops were left out of Chancellor Rishi Sunak’s £30billion stimulus package. Shops continue to shed jobs … Read more
President Donald Trump has said Americans could get a second stimulus check amid the coronavirus pandemic and that the soon-to-announced package will be ‘very generous’. Taxpayers were given a one-time sum of $1,200 as part of the $2trillion stimulus earlier this year, but for many who have been made unemployed or had salary cuts, it … Read more