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The Small Business Administration said it backed $56 billion in financing to small businesses and disaster-affected areas during the fiscal year ending Sept. 30, up 7% from a year prior. For the ...
Joe Biden's first term as president took place in the midst of a global pandemic, when shutdowns, supply chain interruptions and reductions in the workforce put a significant strain on the economy....
When COVID-19 struck and the world was sent reeling into full blown pandemic, the global economy went haywire. Businesses shut down for weeks, the GDP sharply fell and millions of Americans found...
The Coronavirus Aid, Relief, and Economic Security Act, [b] [1] also known as the CARES Act, [2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.
A viral video shared on Facebook claims a new $1,000 stimulus check is purportedly being offered to Americans as of November 2024. Verdict: False The claim is false. A spokesperson for the ...
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
In testimony before the House of Representatives Financial Services Committee, Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell were pressed by lawmakers concerned the ...
Rumors started coming in that a $2,000 economic relief package would arrive sometime during October. Discussions on social media and some websites suggested a possible $2,000 stimulus check for...