How much money each state will receive from Biden's coronavirus relief bill
The American Rescue Plan includes $350 billion in unfettered aid for state and local governments, with $195.3 billion directed toward state governments and Washington, and $130.2 billion allocated for local governments.
Producer prices post biggest annual increase since October 2018
U.S. producer prices rose in February as the cost of energy spiked, leading to the sharpest annual increase in producer inflation in two and a half years.
Parents could receive $3,600 child tax credit soon - here's what you need to know
If families earn too much to qualify for the expanded tax credits, they can still receive the $2,000 credit for their children if their income level is below $200,000 or individuals and $400,000 for married couples.
Bipartisan lawmakers unveil plan to extend Paycheck Protection Program as deadline looms
A bipartisan group of lawmakers unveiled a plan this week to extend the Paycheck Protection Program for two months amid concerns that the March 31 expiration of the small-business rescue fund could leave struggling employers without a key economic lifeline.
$1,400 stimulus checks can be seized by private collectors for unpaid debts
President Biden on Thursday signed into law a sweeping coronavirus relief package that includes $1,400 stimulus checks for many Americans — but some individuals with unpaid debts could have that money seized this time around.
Stock futures trade lower as 10-year yield rises
Investors will examine the latest numbers on producer prices and consumer sentiment
GOP lawmakers push to permanently eliminate estate tax
A group of Republican senators unveiled legislation this week to permanently repeal the federal estate tax, a move that's almost guaranteed to fail in the Democratic-controlled Congress.
$1.9T COVID stimulus ‘exactly the amount’ needed to achieve full employment: Moody's economist
Moody's Analytics chief economist Mark Zandi says now is the time for "aggressive" fiscal support.
Biden's coronavirus relief bill includes $60B in surprise tax hikes
Democrats snuck a handful of surprise tax hikes on corporations in President Biden's sweeping coronavirus relief package that combined are worth more than $60 billion.
Another 712,000 Americans filed for unemployment benefits last week
The Labor Department's weekly jobless claims report sheds light on the health of the U.S. jobs market as it recovers from the coronavirus pandemic.
Stock futures rise as inflation fears ease
Traders will get to examine the latest jobless claims figures on Thursday
Cuomo says tax hike 'on the table' despite billions in COVID relief for New York
Gov. Andrew Cuomo is refusing to rule out the possibility of a tax hike in New York, even though the state is poised to receive a financial windfall from President Biden's coronavirus stimulus bill.
US spending on COVID-19 relief poised to hit $6T with passage of Biden stimulus bill
Congress approvedPresident Biden's sweeping coronavirus relief package, unleashing another torrent of federal money to bolster the economy's recovery from the coronavirus pandemic nearly one year after the crisis began.
CEOs of America's biggest companies see recovery by end of 2021
The CEOs of America's largest companies plan on seeing recovery from the COVID-19 pandemic by the end of 2021.
Third stimulus check: Who is eligible for the money, and who isn't?
Another round of stimulus checks will soon be on the way for millions of Americans after the House approved President Biden's massive coronavirus relief package Wednesday.
Consumer prices rose in February as Biden's spending plan sparks inflation fears
The cost of U.S. consumer goods and services rose in February as a surge of government stimulus raised fresh concerns about runaway economic growth and a surge in inflation, rattling Wall Street.
30-year mortgage rates hit highest since July, refis cool
A rise in interest rates has put a dent in consumers' desire for mortgage applications, but interest in home purchasing remains high as the spring selling season approaches.
Stock futures trade mixed following Nasdaq rebound
Investors will examine the latest report on consumer prices
Many Americans still face COVID-19 financial loss, says poll
Roughly 4 in 10 Americans say they’re still feeling the financial impact of the loss of a job or income within their household as the economic recovery remains uneven one year into the coronavirus pandemic.
Goldman economists see unemployment rate falling to 4.1% by end of 2021
The U.S. is poised for a "hiring boom" once pandemic restrictions are rolled back and the economy reopens.

















