Insurance

'We're going to pull out all the stops:' A top Senate Democrat says he'll fight to include a $600 federal unemployment benefit in Biden's stimulus plan

5 days ago   |   By Business Insider

Summary List Placement Sen. Ron Wyden of Oregon, the incoming chair of the ranking Senate Finance Committee, suggested on Thursday in an exclusive interview that elements of President-elect Joe Biden's forthcoming economic rescue package could be modified during Congressional negotiations - particularly on enhanced unemployment insurance.
Wyden said he would press for a $600 federal unemployment benefit , a top priority for him and some Senate Democrats. In December, the Oregon Democrat sponsored a plan along with Sens. Chuck Schumer , Michael Bennet, Sherrod Brown, and Jack Reed.
"I'm...
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Biden has promised to extend the pause on student-loan payments during his first day in office. Here are other steps the new administration could take for student-debt relief

Biden has promised to extend the pause on student-loan payments during his first day in office. Here are other steps the new administration could take for student-debt relief

5 days ago   |   By Business Insider

Summary List Placement President-elect Joe Biden plans to prioritize federal student loan debt forgiveness on the first day of his presidency, but questions still remain on the likelihood of carrying out his forgiveness plans.
Last week, Biden's transition official David Kamin told reporters that Biden will direct the Department of Education on day one to extend the student loan forbearance program, which is the first direct promise the president-elect has made in combating the $1.6 trillion student debt crisis.
Kamin also said in the press call that Biden supports Congress canceling...
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Biden Set To Unveil Ambitious New Stimulus Plan To Control Covid-19 And Rescue The Economy

Biden Set To Unveil Ambitious New Stimulus Plan To Control Covid-19 And Rescue The Economy

5 days ago   |   By Forbes

But the new president's options may be limited by Democrats' slim majority in the Senate.
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Biden to unveil emergency coronavirus plan, with major focus on vaccines

5 days ago   |   By Washington Post

President-elect Joe Biden is preparing to unveil an emergency relief plan Thursday evening to combat the coronavirus and deliver direct aid to American families, with a major focus on boosting vaccine production and delivery as the pandemic continues its rampage.
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Biden expected to include child benefits for American households in his new stimulus proposal

5 days ago   |   By Business Insider

Demetrius Freeman/The Washington Post via Getty Images
President-elect Joe Biden is expected to expand child benefits in his new economic relief package by providing monthly payments to families with children.
This plan is an addition the Biden's plan to expand the Child Tax Credit, a plan he rolled out in September.
Expanding child benefits is an effort to combat the significant rates of child poverty in the country.
Visit Business Insider's homepage for more stories .
President-elect Joe Biden is expected to include expanded child benefits in his economic relief package that will be...
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This pitch deck won cloud backup firm Rewind $15 million in funding

This pitch deck won cloud backup firm Rewind $15 million in funding

Summary List Placement Rewind, the Canadian cloud backup startup, just raised $15 million in a Series A funding round led by Inovia Capital. Founded in 2015, Toronto-based... Read more ...

Yellen pushes GOP senators on $1.9 trillion relief package

Yellen pushes GOP senators on $1.9 trillion relief package

WASHINGTON - Janet Yellen, President-elect Joe Biden's choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its... Read more ...

How businesses and workers can prepare for shifting employment regulation...

How businesses and workers can prepare for shifting employment regulation under the Biden administration

Summary List Placement Policies and regulations shift any time there's a new president, but legal and policy experts expect that the incoming Biden administration will usher in... Read more ...

Europeans Increasingly Eager to Travel During Spring 2021 As Covid-19...

Europeans Increasingly Eager to Travel During Spring 2021 As Covid-19 Vaccine Rollout Begins

Despite continuing lockdowns, Europeans are progressively interested in trips during the second quarter of 2021 as COVID-19 vaccines are rolled out. That is according to the... Read more ...

BlackBerry jumps 20% after settling patent dispute with Facebook

BlackBerry jumps 20% after settling patent dispute with Facebook

Summary List Placement BlackBerry shares spiked as much as 20% Tuesday after the company announced it settled a patent infringement suit with Facebook. The terms of the... Read more ...

Microsoft is the latest investor to join GM's Cruise in a round that values...

Microsoft is the latest investor to join GM's Cruise in a round that values the self-driving firm at $30 billion

Summary List Placement General Motors and its self-driving subsidiary Cruise on Tuesday announced a new deal with Microsoft to speed up the commercialization of autonomous... Read more ...

Coherent skyrockets 33% after Lumentum announces $5.7 billion acquisition of...

Coherent skyrockets 33% after Lumentum announces $5.7 billion acquisition of rival laser maker

Summary List Placement Shares of Coherent skyrocketed 33% Tuesday after rival laser maker Lumentum announced it will acquire the company in a cash and stock deal. The $5.7... Read more ...

Muir, Autograph Collection Hotel to Open on the Halifax Waterfront

Muir, Autograph Collection Hotel to Open on the Halifax Waterfront

Muir, Autograph Collection opens on the Halifax waterfront in the summer of 2021, promising a refined, distinctly Nova Scotian hospitality experience with stunning waterfront... Read more ...

The Biden rescue plan could boost 2021 GDP growth to 11.4%, JPMorgan global...

The Biden rescue plan could boost 2021 GDP growth to 11.4%, JPMorgan global chief strategist says

Summary List Placement President-elect Joe Biden's $1.9 trillion rescue plan could boost nominal GDP growth to 11.4% year-over-year by the end of 2021, says JPMorgan's David... Read more ...

AMC soars 37% after issuing $100 million in debt to stave off bankruptcy

AMC soars 37% after issuing $100 million in debt to stave off bankruptcy

Summary List Placement AMC soared as much as 37% on Tuesday after revealing it raised $100 million in a new debt offering. The theater chain issued new debt due in 2026 at a... Read more ...