Economy

Economy
House Committee Passes $400-A-Week Supplemental Jobless Benefit
February 10, 2021

The House Ways and Means Committee is going forward with a $400 weekly supplement to unemployment benefits, one of President Joe Biden’s key features for his proposed pandemic relief package, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy...

Markets
Robinhood, Melvin, Citadel Likely To Testify At Congressional Hearing On Trading Debacle
February 10, 2021

A congressional hearing planned for Feb. 18 about Robinhood’s GameStop trading debacle is expected to get testimony from Robinhood, Melvin Capital and Citadel Securities, Reuters reported on Wednesday (Feb. 10) citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Safe Travels Post-Pandemic: Latest Efforts Underway In Digital Vaccine Passports
February 10, 2021

Is it safe to travel yet? As the COVID-19 vaccine is (slowly) rolling out, the answer to that question is inching ever closer to yes — but ensuring that everyone who chooses to travel has been inoculated remains a tricky goal. It’s a challenge that...

Markets
Reddit ‘GameStop’ Forum Helps Spark Rally In Cannabis Stocks
February 10, 2021

Cannabis stocks are lighting up the exchanges as the Reddit forum that recently boosted so-called “meme” shares now turns an eye on a fresh crop of companies, according to multiple reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
Vaccine Update: CDC Study Says Only Half Of US Intends To Be Inoculated
February 09, 2021

Only about half of U.S. adults say they’re willing to receive a COVID-19 vaccine, according to a report by the Centers for Disease Control and Prevention (CDC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Delta CEO Rips COVID-19 Testing Idea For All Domestic Passengers
February 09, 2021

Delta Air Lines CEO Ed Bastian said Tuesday (Feb. 9) that making all domestic air passengers pass COVID-19 tests before flying would be “a horrible idea,” CNN reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Economy
Biden And Yellen Will Talk Stimulus With Nation’s Leading CEOs
February 09, 2021

Chief executives from some of the nation’s top companies are heading to Washington, D.C. to talk about the $1.9 trillion stimulus plan with President Joe Biden and Treasury Secretary Janet Yellen, CNBC reported on Tuesday (Feb. 9). Get the Full Story Complete the form to unlock...

Economy
Vaccine Delays Push Office Reopening Timeline Past Summer
February 09, 2021

If asked a year ago if they could imagine missing sitting in traffic during their morning commute, we imagine the vast majority of American workers would have said no. Most people can agree that sitting in a traffic jam has no redeeming qualities. Get the...

Economy
Yellen: Stimulus Could Return US To Full Employment In 2022
February 07, 2021

Treasury Secretary Janet Yellen said Sunday (Feb. 7) that she expects U.S. employment to return to pre-pandemic levels sometime in 2022, CNN reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...