stimulus

Here is what you need to know about your Economic Impact Payment. For most taxpayers, payments are automatic, and no further action is needed. This includes taxpayers who filed tax returns in 2018 and 2019 and most seniors and retirees.

Source: irs.gov

Report: Kabbage, FinTechs Under Justice Department Scrutiny For PPP Loan Distribution

Report: Kabbage, FinTechs Under Justice Department Scrutiny For PPP Loan Distribution
Report: Kabbage, FinTechs Under Justice Department Scrutiny For PPP Loan Distribution
May 09, 2021  |  Loans

The U.S. Department of Justice is conducting a civil probe into whether some FinTechs distributing federal Payroll Protection Program relief botched loan sizes, Reuters reported,...

READ MORE >
Corporate Bankruptcies Drop 50 Pct Since Pandemic Start
Corporate Bankruptcies Drop 50 Pct Since Pandemic Start
May 04, 2021  |  Business

The U.S. saw 10 bankruptcy filings by large corporates with at least $50 million in liabilities in April, but that’s almost 50 percent lower than...

READ MORE >
Cosi Restaurant Chain Seeks Speedy Bankruptcy Process
Cosi Restaurant Chain Seeks Speedy Bankruptcy Process
May 04, 2021  |  Economy

Restaurant chain Cosi, which is now in bankruptcy, wants to speed up the process so it can gain access to federal aid for restaurants as...

READ MORE >
Stimulus Checks Power Record-Breaking Household Income Boost
Stimulus Checks Power Record-Breaking Household Income Boost
April 30, 2021  |  Economy

U.S. household income escalated 21.1 percent in March, fueled in part by federal relief funds, vaccinations, and the easing of restrictions from the COVID-19 pandemic, The...

READ MORE >
Toast Teams With SBA To Streamline $28.6 Billion Restaurant Grant Process
Toast Teams With SBA To Streamline $28.6 Billion Restaurant Grant Process
April 23, 2021  |  News

Point-of-sale (POS) FinTech Toast is partnering with the U.S. Small Business Administration (SBA) to help streamline the application process for restaurant industry grants. The $28.6 billion...

READ MORE >
Stimulus Checks Lift March Retail Sales By Almost 10 Pct
Stimulus Checks Lift March Retail Sales By Almost 10 Pct
April 15, 2021  |  Retail

In a pushback to the adage that things rarely go as planned, the federal government’s third round of stimulus checks, which were issued last month...

READ MORE >
US Stimulus Payments Pass The 150-Million Mark
US Stimulus Payments Pass The 150-Million Mark
April 07, 2021  |  Economy

More than 25 million people received their Economic Impact Payments from the U.S. government on Wednesday (April 7), bringing the total disbursed so far to...

READ MORE >
Mastercard Partners Up To Advance Digital Economy Via Financial Inclusion
Mastercard Partners Up To Advance Digital Economy Via Financial Inclusion
April 01, 2021  |  Economy

While the third round of stimulus payments have been steadily pouring into bank accounts across the country, there are still a portion of Americans who...

READ MORE >