Economy - Finance > Industry

Industry Responds to the New COVID Relief and Spending Package

1 month ago   |   By RIS Media

Last week, Congress passed the second-largest coronavirus relief and spending package, which provides aid through unemployment benefits as well as another round of stimulus checks to be sent out. At presstime, the package includes:
- $25 billion in dedicated rental assistance
- $600 in direct stimulus checks
- $300 per week in enhanced unemployment benefits through March. Expiring unemployment programs for gig economy workers and long-term unemployed also extended
- $284 billion for a second forgivable Paycheck Protection Program loan
Here's how the industry has responded:
The National...
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Spending 15 minutes on your bank's website could help turn your $600 stimulus check into a full emergency fund

Spending 15 minutes on your bank's website could help turn your $600 stimulus check into a full emergency fund

1 month ago   |   By Business Insider

Summary List Placement
A second stimulus check is on the way for many Americans - and that means another opportunity to bulk up your savings if you're not in immediate need of the cash.
Saving the stimulus check could be a smart move, but taking it one step further by setting up automatic monthly deposits to your savings account will make saving an ongoing habit.
With automatic deposits, the $600 you save now could turn into much more later - even a small amount each month could help it grow into a sizeable fund for emergencies, homebuying, or other big goals .
It shouldn't take longer...
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