Latest from Megan Henney
Fed holds rates near zero amid fresh signs US economic recovery is slowing
The Federal Reserve said during its first meeting of the year on Wednesday that it would leave interest rates near zero.
Small businesses received $35B in PPP loans during third round of lending
The Small Business Administration said Tuesday that it has approved more than 400,000 loans worth about $35 billion through the Paycheck Protection Program.
Biden's $15 minimum wage push could be 'death knell' for small businesses, job growth
President Biden's push to raise the federal minimum wage to $15 an hour as part of a broader coronavirus relief package could be a "death knell" for businesses still reeling from the pandemic, according to a new study published this week.
Can the IRS snatch your stimulus check money if you owe back taxes? What to know
For millions of Americans who did not receive their second coronavirus stimulus check, there's a quick fix: Claim the missing money when you file your 2020 tax return.
Over 8M Americans have fallen into poverty as COVID-19 relief benefits expired
More than 8 million Americans fell into poverty over the past six months as social safety measures put into place at the start of the coronavirus pandemic expired, according to a new study published this week.
Dems unveil $15 minimum wage bill, say they may use reconciliation to pass legislation
A group of Democratic lawmakers reintroduced legislation on Tuesday to raise the federal minimum wage to $15 per hour by 2025 — and indicated they may use a powerful procedural tool to pass the bill using their slimmest-possible Senate majority.
IMF raises economic outlook for 2021, but warns new COVID-19 variants could derail growth
The global economy is poised for a strong recovery from the coronavirus pandemic in 2021, the International Monetary Fund said Tuesday.
Janet Yellen: The first female U.S. Treasury Secretary
Yellen is the first woman to have led the U.S. central bank.
Senate confirms Janet Yellen as first female Treasury secretary
The Senate confirmed Janet Yellen, the former chairwoman of the Federal Reserve, as Treasury secretary on Friday afternoon, putting into place a battle-tested economist who will help implement the Biden administration's plan to prop up the nation's pandemic-scarred economy.
Can Democrats pass Biden's $1.9T coronavirus relief bill without Republicans?
Senate Democrats may rely on a powerful procedural tool to pass the $1.9 trillion measure using their slimmest-possible majority.