The American economic recovery came perilously close to falling off a cliff at the end of last year. But government aid arrived just in time to prevent a disaster — […]
Stimulus (Economic)
Trending topics and news from the Stimulus (Economic) category
Back to news homeEurope’s Pandemic Debt Is Dizzying. Who Will Pay?
PARIS — For nearly six months, Philippe Boreal and 120 of his fellow workers have been paid to stay home from their jobs at a Cannes luxury hotel that was […]
Biden and the Fed Leave 1970s Inflation Fears Behind
Economists have struggled to understand the phenomenon, but they largely think inflation is being held down by a cocktail of aging demographics, changing consumer expectations and limited pricing power in […]
Democrats Push to Borrow More Money as Deficit Is Set to Shrink Slightly in 2021
WASHINGTON — As top Democrats continued to push a $1.9 trillion economic aid package through the House, some lawmakers and aides to President Biden raised the prospect of borrowing even […]
Is My Stimulus Payment Taxable? And Other Tax Questions
Ms. Long generally recommends that people getting unemployment benefits choose to have at least 10 percent withheld for taxes to avoid unwelcome surprises.You’ll probably also owe state income taxes on […]
C.B.O. Report Says U.S. Economy Is Healing, But Workers Have A Ways to Go
WASHINGTON — The United States economy will return to its pre-pandemic size by the middle of this year, even if Congress does not approve any more federal money to aid […]
PPP Aid to Small Businesses: How Much Did $500 Billion Help?
Anecdotes like Mr. Geismann’s, however, aren’t straightforward to interpret. Perhaps Schuchart and companies like it would have found another way to make ends meet, or would have rehired workers quickly […]
U.S. Economy Grew 1 Percent in the Last Quarter
The U.S. economic recovery stumbled but didn’t collapse at the end of last year, setting the stage for a much stronger rebound this year.Gross domestic product rose 1 percent in […]
Fed Leaves Interest Rates Near Zero as Economic Recovery Slows
Federal Reserve officials left interest rates near zero on Wednesday and pledged to continue making huge bond purchases as the central bank tries to help the economy weather the continuing […]
The Week in Business: Biden Gets Down to Business
All eyes are on President Biden right now. Here’s how his new policies will affect companies and households struggling to weather the pandemic economy — plus more of the week’s […]