Democrats in the U.S. House of Representatives are planning to vote Monday on higher pandemic relief payments to Americans, after President Donald Trump backed down from his fight with lawmakers over the payments and signed a $2.3 trillion pandemic aid and spending package. On Sunday Trump signed the spending package, which includes $600 in stimulus […]
“The president’s proposal starts by cutting the unemployment insurance proposal being discussed by bipartisan members of the House and Senate. That is unacceptable.” The Trump White House late Tuesday tossed into the middle of ongoing coronavirus relief negotiations a $916 billion proposal that includes one-time $600 stimulus payments in the place of a weekly boost […]
JUNEAU, Alaska — The Federal Pandemic Unemployment Compensation (FPUC) payment of $600 per week for unemployed workers will soon expire. The last payable week of FPUC will be July 25, 2020. The payment was retroactive to the week of March 29-April 4, 2020. Individuals received the additional $600 payment with their regular weekly state […]
U.S. stocks fell sharply Friday, despite congressional approval of a $2.2 trillion economic stimulus bill, as world economies continued to grapple with containing the coronavirus pandemic. The Dow Jones industrial average fell nearly 4.1%, while the S&P 500 dropped 3.4% and the Nasdaq Composite Index was down 3.8%. Stocks rallied earlier this week […]