No work.... No pay.... No money.... The number of Americans filing initial claims for unemployment benefits last week surged to a record 3.28 million, the Labor Department reported on Thursday, the clearest evidence yet of the coronavirus’ devastating impact on the … [Read more...] about People are worried about money….
the Economy
The U.S. Small Business Administration disabled the online application function today….
They seem to think they got hacked.... Application info in the below piece... The personal information of some business owners was exposed when they applied for federal disaster loans because of an unsecure online portal for completing and submitting application forms, a … [Read more...] about The U.S. Small Business Administration disabled the online application function today….
Trump tells governor’s to label high risk areas so low risk area’s can go back to normal….
It appears that Trump is trying to recover form the generally negative response he has gotten on a blanket relaxing of the C.D.C. push for social distancing and testing along with no non-essential businesss... In the letter, released following the president's … [Read more...] about Trump tells governor’s to label high risk areas so low risk area’s can go back to normal….
Here’s Some Information on those Stimulus checks that will be coming….
Summary.... The money is NOT taxable... Max amount is $1,200 for income of $75,000 or less $5 deducted from the $1,200 for every $100 over the #75k.... Please read the piece below from The Hill.... The Hill answered several frequently asked questions about the … [Read more...] about Here’s Some Information on those Stimulus checks that will be coming….
Stock Market closes Up 1,352….3rd day in row of gains…Stimulus $$$ coming….
Investor's can smell the scent of the green.... And THEY are supply their own brief good news? US stocks rose on Thursday, notching the first three-day rally since February, after the Senate passed a $2 trillion coronavirus stimulus package. The Dow Jones industrial … [Read more...] about Stock Market closes Up 1,352….3rd day in row of gains…Stimulus $$$ coming….
IRS will send people their stimulus checks electronically, paper checks and wants to send debit cards also….
Those who make up to $75,000 will reportedly get $1,200.... Those who make up to $99,000 a bit less.... The money will start flowing in a few weeks if Trump signs the bill this Friday.... The IRS wants to issue as many stimulus payments electronically as it … [Read more...] about IRS will send people their stimulus checks electronically, paper checks and wants to send debit cards also….
Senate passes $2 trillion bill Phase III stimulus bill….
Approval in the US Senate was unanimous.... The House will vote on the larges stimulus/bailout package in history by Friday.... House Speaker Pelosi advises there is probably more legislation to come .... The bill includes direct money fo0r corporations and … [Read more...] about Senate passes $2 trillion bill Phase III stimulus bill….
A record breaking 3.3 Million Americans apply for jobless benefits just last week….
The number is actually higher since some on-line problems have occurred that has not allowed some people to get into their states systems..... The rate could be 5.5 of even more.... This is going to have state's go thru their budgets even with more money coming from the … [Read more...] about A record breaking 3.3 Million Americans apply for jobless benefits just last week….