2 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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3 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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3 days ago | By Forbes
But the new president's options may be limited by Democrats' slim majority in the Senate.
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3 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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3 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.
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President-elect Joe Biden is expected to include expanded child benefits in his economic relief package that will be...
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Summary List Placement President Trump's social media ban has opened a can of worms for tech firms who face calls from activists and academics to clamp down on other populist... Read more ...
Summary List Placement UBS's Mark Haefele said in a Friday note that while cryptocurrencies and SPACs show signs of "irrational exuberance," investors shouldn't worry that the... Read more ...
Summary List Placement The US economy is receiving fresh fiscal support after months of plodding negotiations. But one measure of the labor market suggests the massive stimulus... Read more ...
Summary List Placement Vice President-elect Kamala Harris will resign from her Senate seat on Monday, two days before a historic inauguration where she and President-elect Joe... Read more ...
Summary List Placement To put it lightly, job searching during a pandemic can be a challenge. Worldwide lockdowns have forced remote work, and the resulting recession has... Read more ...
Summary List Placement When I discovered I was pregnant with my first child in January, I remember being terrified. I was excited about being a mom, but - as a female... Read more ...
Summary List Placement The stock market recovery from the coronavirus crash in the spring of 2020 was all about the biggest US names: Amazon, Apple, Facebook, Google, and... Read more ...