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"Not out of the woods": Here"s what 5 top executives said this week about the prospect of more economic stimulus

"We'll probably see delinquencies tick up in the early part of 2021" if a new aid package isn't passed soon, JPMorgan CFO Jennifer Piepszak said. Reuters Earnings season kicked off on Tuesday, and executives are sounding .....»»

Category: topSource: businessinsiderOct 18th, 2020

Mitch McConnell says an economic stimulus package is "unlikely in the next 3 weeks" as the White House renews its push for aid

McConnell said a coronavirus aid package was needed, but added "everybody is kind of trying to elbow for political advantage." Democrats voted against a paired-down coronavirus stimulus bill put forth this week by Senat.....»»

Category: smallbizSource: nytOct 9th, 2020

Some unemployed Americans will soon receive an extra $300 per week as states roll out bonus relief benefits from FEMA

When Congress $600/week bonus lapsed in July, President Trump allocated $44 billion for FEMA to grant for states and US territories. Economic stimulus checks are prepared.....»»

Category: smallbizSource: nytSep 20th, 2020

Gold futures settle higher, up for a sixth week in a row

Gold futures rose Friday to mark a sixth straight weekly climb, buoyed by ongoing economic uncertainty and expectations for more fiscal stimulus in the U.S. and Europe. "Major U.S. ba.....»»

Category: topSource: marketwatchJul 17th, 2020

Trump again backs second economic stimulus check from IRS

After a dearth of news about a second round of economic stimulus checks from the IRS, this week has brought sever.....»»

Category: blogSource: valuewalkJul 8th, 2020

Wall Street closes higher on signs of economic recovery

Wall Street advanced on Tuesday as the prospect of additional stimulus and a record jump in retail sales suggested the U.S. economy could bounce back sooner than expected, five months into its pandemic-inflicted recession......»»

Category: topSource: reutersJun 16th, 2020

US stocks slide as dismal jobless data offsets new European stimulus

Lucas Jackson/Reuters US stocks sank Thursday as another round of dismal weekly jobless-claims data offset new economic stimulus efforts in Europe.  US jobless claims for the week that ended on Saturday totaled 1.9 million, .....»»

Category: topSource: businessinsiderJun 4th, 2020

Stimulus, vaccine hopes drive S&P 500 to 10-week high

U.S. stocks surged on Monday, with the S&P 500 hitting a 10-week high, as encouraging early data from a potential coronavirus vaccine trial boosted sentiment, with investors also hoping for stimulus to cushion the economic blow from the pandemic......»»

Category: topSource: reutersMay 18th, 2020

Debt collectors can garnish coronavirus stimulus checks: How to stop them?

Millions of Americans have received the stimulus checks from the federal government this week under the Coronavirus Aid, Relief and Economic Security (CARES) Act. However,... The post Debt collectors.....»»

Category: blogSource: valuewalkApr 16th, 2020

How To Make Sure You Get The Largest Possible COVID-19 Stimulus Check

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. read more.....»»

Category: blogSource: benzingaApr 1st, 2020

Stimulus may come too late for some businesses

The economic peril from the coronavirus is growing more stark every day, and the $2 trillion stimulus may not deliver a rescue in time for the many small businesses and families who lack the cash to stay afloat for more than a week or two......»»

Category: topSource: moneycentralApr 1st, 2020

Wall Street gains as U.S. extends shutdown to limit virus spread

U.S. stocks rose on Monday as President Donald Trump followed last week's massive fiscal stimulus package by extending his stay-at-home guidelines, leaving investors to await more signs on the next stages of a deepening economic crisis......»»

Category: topSource: reutersMar 30th, 2020

Wall St. gains as U.S. extends shutdown to limit virus spread

U.S. stocks rose on Monday as President Donald Trump followed last week's massive fiscal stimulus package by extending his stay-at-home guidelines, leaving investors hopeful the economic impact of the coronavir.....»»

Category: topSource: reutersMar 30th, 2020

Wall St. gains as investors weigh stimulus against shutdown

Wall Street rose on Monday as President Donald Trump followed last week's massive fiscal stimulus package by extending his stay-at-home guidelines, leaving investors hopeful that the economic impact of the coronavirus could still be contained......»»

Category: topSource: reutersMar 30th, 2020

Wall Street jumps at open as jobless claims raise hopes of more stimulus

Wall Street jumped at the open on Thursday, building on a two-day rally, as investors bet on more stimulus measures after the U.S. jobless claims surged past 3 million last week, underscoring the economic impact of the coronavirus pandemic......»»

Category: topSource: reutersMar 26th, 2020

Oil prices slip as demand shrinks, but stimulus supports

Oil prices slipped on Thursday following three days of gains, with the prospect of rapidly dwindling demand due to coronavirus travel bans and lockdowns offsetting hopes a U.S. $2 trillion emergency stimulus will shore up economic activity......»»

Category: topSource: reutersMar 26th, 2020

Oil prices fall as demand shrinks but limited by stimulus

Oil prices fell on Thursday following three days of gains, with the prospect of rapidly dwindling demand due to coronavirus travel bans and lockdowns offsetting hopes a U.S. $2 trillion emergency stimulus will shore up economic activity......»»

Category: topSource: reutersMar 26th, 2020

Oil prices mixed as demand shrinks, but stimulus hopes support

Oil prices were mixed on Thursday following three days of gains, with the prospect of rapidly dwindling demand due to coronavirus travel bans and lockdowns offsetting hopes a U.S. $2 trillion emergency stimulus will shore up economic activity......»»

Category: topSource: reutersMar 25th, 2020

Oil prices settle higher on stimulus package, fuel demand sinks

U.S. crude prices settled higher on Wednesday, bolstered by progress on a massive pending U.S. economic stimulus package, even as government data showed the coronavirus pandemic started undercutting U.S. fuel demand last week......»»

Category: topSource: reutersMar 25th, 2020

Oil prices rise on stimulus package, fuel demand sinks

U.S. crude prices rose slightly on Wednesday, bolstered by progress on a massive pending U.S. economic stimulus package, but government data shows the coronavirus pandemic started to hurt U.S. fuel demand last week......»»

Category: topSource: reutersMar 25th, 2020

Oil prices slip as fuel demand sinks in most recent week

Oil prices fell on Wednesday despite a massive pending U.S. economic stimulus package as the coronavirus pandemic sharply dented U.S. fuel demand in the latest week, with traders bracing for further declines......»»

Category: topSource: reutersMar 25th, 2020