The discussion could shape the path ahead for economic policy, helping to determine how much support President Biden has for infrastructure spending proposals and how patient the Fed can be […]
Coronavirus Aid, Relief, and Economic Security Act (2020)
Trending topics and news from the Coronavirus Aid, Relief, and Economic Security Act (2020) category
Back to news homeBiden Administration Moves to Unkink Supply Chain Bottlenecks
Most of the world’s lithium, a key ingredient in the batteries that power electric vehicles, is mined in Australia, China, Chile and Argentina. China dominates global production of rare earth […]
The Small Business Administration’s Gaffes Are Now Her Job to Fix
Isabella Casillas Guzman, President Biden’s choice to run the Small Business Administration, inherited a portfolio of nearly $1 trillion in emergency aid and an agency plagued by controversy when she […]
Republicans Push Biden to Divert Federal Aid for Infrastructure
WASHINGTON — From California to Virginia, many states that faced devastating shortfalls in the depths of the pandemic recession now find themselves flush with tax revenues because of a rebounding […]
As Trillions Flow Out the Door, Stimulus Oversight Faces Challenges
WASHINGTON — Lawmakers have unleashed more than $5 trillion in relief aid over the past year to help businesses and individuals through the pandemic downturn. But the scale of that […]
How Stimulus Checks Are Driving a Stock Buying Spree
The current crisis started this way, too. In February and March last year, the S&P 500 plunged nearly 34 percent as panicked investors sold shares. The market began reversing course […]
Beer Here, Bouquets Next Door: How a Bar Defied the Pandemic
Ms. Easterbrook, the Hatch’s manager, had been planning to open a sister bar called Good for Nothing, but she quickly ditched the plan when the pandemic arrived. Then, in a […]
How the U.S. Got It (Mostly) Right in the Economy’s Rescue
“Now that we need them, there’s no freaking help,” he said.Research from Eliza Forsythe, an economist at the University of Illinois, found that from June until Feb. 17, only 41 […]
Lenders Struggle to Implement Biden’s Changes to P.P.P. Loan Rules
Under the new formula, sole proprietors can get loans based instead on their income before expenses. That opens the program to unprofitable businesses and allows those that did report a […]
Lessons From a Year of Pandemic Spending
“He was suffering,” she said. “But he wasn’t ready to die.”Ms. Smith visited him every other day, sometimes bringing steak sandwiches, pizza and other favorite foods. And she often ate […]