stimulus

The Bureau of Labor and Statistics recently released a report studying the receipt and use of stimulus payments in the time of the COVID-19 pandemic, digging into understanding how Americans who received federal stimulus from the CARES Act spent these funds. This report was conducted by adding...

Former Starbucks Corporation (NASDAQ: SBUX) CEO and current Chairman Emeritus Howard Schultz is leading an initiative to lobby the federal government to create a new long-term recovery plan for small businesses. The Letter: Schultz penned a letter to congressional leaders on both sides of the...

The Last Week, In A Nutshell What Happened: Stocks closed the week lower on an escalation of U.S. and China tensions, mixed reactions to earnings results, and delays in stimulus talks. Remember This: “Congress’ decision on a new wave of support could make or break the next leg of the...

In the first-quarter of 2020, 854,441 confirmed phishing and counterfeit pages and 4 million suspicious pages were detected, according to data released by Bolster, a fraud prevention company.  The FBI says it has seen a spike in cyber crimes reported to its Internet Crime Complaint Center...

NBA legend Magic Johnson and billionaire entrepreneur Mark Cuban are reaching out to minority business owners who are struggling to navigate coronavirus shutdowns. What Happened? Johnson’s Magic Johnson Enterprises has partnered with MBE Capital partners to provide $100 million in loans...

On Friday, the House of Representatives passed another $3-trillion stimulus package that includes a second round of direct payments to Americans. In a series of tweets on Sunday, billionaire investor and "Shark Tank" personality Mark Cuban said steering stimulus toward consumers is the...

The S&P 500 index bottomed on March 23 and has since gained nearly 30%, which suggests "the worst news is behind you," Ned Davis Research's Ed Clissold said on CNBC's "Trading Nation." Clissold's 3 Reasons For Optimism  Three reasons to be incrementally...

Casual fast food chain Shake Shack Inc (NYSE: SHAK) returned a $10-million federal grant but only after realizing there was a "public outcry," billionaire investor Mark Cuban said Monday on CNBC's "Fast Money." Cuban Says Move Threatens Shake Shack Brand ...

The Treasury Department said this week that tens of millions of Americans will receive cash transfers of up to $1,200 per individual plus $500 per child by the end of the day on Wednesday. The IRS started making direct stimulus deposits on Saturday for Americans that have account information on...

Many Americans have already received their federal stimulus bank deposits, and digital bank Current has compiled data to see where the money is being spent, CNBC reported. Americans 'Just Trying To Survive'  Current members who received and cashed a stimulus check spent 16% of the...

President Donald Trump signed a $2-trillion stimulus package last week that will send most Americans up to $1,200 in direct payment as a lifeline during the coronavirus (COVID-19) economic shutdown. Americans in financial need now have plenty of questions about the stimulus checks and how to...

In a sign that the part of the stimulus dedicated to broadband is starting to flow, Louisiana is receiving an $80 million federal grant for 900 miles of fiber optic cable, the AP reported today. It will expand the reach of broadband Internet to rural and poor areas of the state. U.S. Commerce...