Lorie Konish
Lorie Konish
CRITIC
img-contested
N/A
0 reviews
PUBLIC
img-contested
N/A
0 reviews

RECENT ARTICLES

Sort by:
No Rating
'We need at least one more check.' The case for a fourth stimulus payment

'We need at least one more check.' The case for a fourth stimulus payment

Key PointsStimulus checks have injected about $850 billion in financial support to Americans over the past year.Now, the Economic Security Project, a proponent of guaranteed income, is calling for more direct payments to help fuel the recovery.That's even as signs point to the new $1,400 stimulus checks boosting the economy.To date, the government has sent about in this round, totaling more than $376 billion.Those checks helped retail sales climb , beating expectations for a 6.1% bump.More from Personal Finance:Other data suggest Americans are using the money to improve their balance...

Apr 15
Share
Save
Review
No Rating
New $1,400 stimulus checks could be garnished for unpaid debts. Some are calling for that to change

New $1,400 stimulus checks could be garnished for unpaid debts. Some are calling for that to change

Key PointsHouse Democrats plan to pass the $1.9 trillion coronavirus relief packageCongress is poised to authorize new $1,400 stimulus checks, but some people with unpaid debts could have that money garnished this time.The House is the $1.9 coronavirus relief bill on Wednesday, which includes a third round of direct payments. From there, it will go to President Joe Biden for his signature.Like the previous two rounds of checks, the $1,400 direct payments will come with eligibility rules based on income and other requirements.However, because these new checks are set to be authorized through...

Mar 10
Share
Save
Review
No Rating
Some families could get more than $14,000 in new Covid relief. It's looking more and more like universal basic income

Some families could get more than $14,000 in new Covid relief. It's looking more and more like universal basic income

Key PointsAs Congress works to finalize its latest coronavirus relief bill, some American families are poised to receive a financial windfall.Between new $1,400 stimulus checks and an enhanced child tax credit, that could add up to more than $14,000 for some families."All of the focus has been on the $1,400 when, in reality, for a family of four, they should be focused on the $14,000," said Ed Mills, Washington policy analyst at Raymond James. Mills about the potential income boost this week.The new stimulus checks would provide $1,400 per person, including child and adult dependents.More...

Feb 25
Share
Save
Review
No Rating
Biden has promised to reform Social Security — some changes could come as soon as this year

Biden has promised to reform Social Security — some changes could come as soon as this year

Key PointsNewly elected President Joe Biden has a tall list of priorities in his first days in office, with stemming the pandemic chief among them.But experts expect one issue he promised to deal with during his campaign, Social Security reform, could also become a focal point as soon as this year.Millions of Americans count on Social Security benefits to provide income when they are retired or disabled, or when loved ones pass away.The program's funds have been running low. The latest official estimate from the Social Security Administration shows that just 79% of promised benefits will be...

Jan 23
Share
Save
Review
No Rating
Just 39% of Americans could pay for a $1,000 emergency expense

Just 39% of Americans could pay for a $1,000 emergency expense

Key PointsUnexpected bills, like an emergency car repair or medical bill, are a fact of life.Yet not everyone can afford to pay up when those kinds of unforeseen events arise.Just 39% of Americans can afford a $1,000 unexpected expense, according to a from Bankrate.com.The results mark a slight decline in Americans' ability to over emergencies compared to past years. In 2020, 41% of respondents said they could afford an unexpected $1,000 bill, while 40% said the same in 2019.Considering high unemployment has persisted throughout the pandemic, capped by than expected in December, this year's...

Jan 11
Share
Save
Review
No Rating
Second stimulus checks could be less than $1,200 per person. Here's what we know

Second stimulus checks could be less than $1,200 per person. Here's what we know

Key PointsIt's looking more likely that direct payments to Americans will be included in the new aid Congress aims to pass before lawmakers head home for the holidays.Those stimulus checks could be around $600 to $700 per individual, on Wednesday. That's just about half of the $1,200 payments authorized by the CARES Act in the spring.A $600 reduced stimulus payment was included in a last week, though President Donald Trump has since called for sending .Now, Capitol Hill lawmakers are looking to move an approximately toward the finish line.More from Personal Finance: "There is a recognition...

Dec 16
Share
Save
Review
No Rating
Sens. Bernie Sanders and Josh Hawley team up in push for second $1,200 stimulus checks

Sens. Bernie Sanders and Josh Hawley team up in push for second $1,200 stimulus checks

Key PointsThe clock is ticking for Congress to authorize new funding to prevent a government shutdown and pass new coronavirus stimulus relief.Now, two vocal supporters of second round of $1,200 stimulus checks — Sens. Bernie Sanders, I-Vt., and Josh Hawley, R-Mo. — have teamed up to introduce an amendment with the goal of ensuring those checks to Americans are included either in a stopgap bill or other legislation.The senators are calling for a second round of payments similar to the first that went out in the spring — $1,200 per adult and $500 per child. As with the first round,...

Dec 11
Share
Save
Review
No Rating
Twitter CEO Jack Dorsey donates $15 million to help cities provide guaranteed income to their residents

Twitter CEO Jack Dorsey donates $15 million to help cities provide guaranteed income to their residents

Key PointsThe Covid-19 pandemic has prompted some advocates to call for providing Americans with guaranteed monthly income to help them get back on their feet.Now, one initiative is getting a $15 million donation from Twitter CEO and billionaire Jack Dorsey to help put such experiments to work.The organization is Mayors for a Guaranteed Income, a group of about 30 mayors across the country who have signed on to test guaranteed income pilot programs in their cities.The group is led by Mayor Michael Tubbs of Stockton, Calif., who has created a similar program in his city. This summer, he...

Dec 8
Share
Save
Review
No Rating
'This can't wait.' Why long food lines signal need for more coronavirus stimulus aid

'This can't wait.' Why long food lines signal need for more coronavirus stimulus aid

Key PointsTexas food bank has to ration food to help hungryAhead of the Thanksgiving holiday, a temporary drive-through to distribute food to those in need was set up near Lancaster, California, north of Los Angeles, on Tuesday.At least 2,000 families went through the line in a three-hour period, according to a rough estimate from Michael Flood, president and CEO of Los Angeles Regional Food Bank.The food the organization is distributing currently reaches approximately 900,000 people per month through its work with 700 partner agencies, Flood said. That's well above the 350,000 people per...

November 25, 2020
Share
Save
Review
  • Total 20 items
  • 1
  • 2
OUTLETS
cnbc.com

cnbc.com

CRITIC
img-contested
54%
PUBLIC
img-trusted
63%
necn.com

necn.com

CRITIC
img-contested
N/A
PUBLIC
img-contested
N/A