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Biden Administration May Be Open To Stricter Stimulus Requirements

PYMNTS

The White House has signaled it could be open to modifying its next round of stimulus checks in order to target them to lower-income populations only, CNBC reported. passed the House with 275 votes — 44 Republicans voted for it,” Deese said, according to CNBC, referring to the $900 billion bill in December.

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Senate Bill Would Double Time For PPP Loans

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The legislation, which must be approved by the House of Representatives and the president, would give SMBs more flexibility to use the funds, such as buying personal protective equipment (PPE) for workers and other improvements to their shops that would help control the spread of the virus, the news service reported. 31, from June 30.

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US Stimulus Talks Continue Though Deal Before Election Slim

PYMNTS

House Democrats are signaling that progress is being made on talks about a new stimulus package. A call recently between House of Representatives Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin left officials in the loop with positive spirits, FT said, with more promises to speak on Wednesday (Oct.

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10 Monday AM Reads

Barry Ritholtz

Barron’s ) • Why It’s So Hard for China to Shake the ‘Uninvestable’ Tag : In 2021, Goldman Sachs said the word was starting to feature in a number of client conversations about the country’s stocks. Venture-capital investments are plunging, along with valuations of prepublic companies.

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Congress OK's Deal To Avoid Federal Shutdown For 48 Hours, But Stalls On Stimulus Pact

PYMNTS

House and Senate passed an agreement Friday evening (Dec. The proposed COVID-19 relief package carries a price tag of about $900 billion. 18) to postpone a government shutdown for 48 Hours as Capitol Hill lawmakers prepared to settle in for a working weekend in a bid to pass a COVID-19 stimulus bill.

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Lost Pet Posters Get An Upgrade For The Digital Age

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Still, that seems so old-fashioned in this digital age — at least according to Andrea Chavez, Founder of Pawscout , a company whose signature product is a Bluetooth-enabled tag that not only helps pet owners find their wayward pets, but gives them access to other digital and mobile services.

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Will A Second Round Of Stimulus Checks Happen, And Who Will Get Money If It Does?

PYMNTS

House Democrats sought to answer that question in the affirmative, passing at a $3 trillion relief package called the HEROES Act (formally the ‘‘Health and Economic Recovery Omnibus Emergency Solutions” Act). Proponents of the bill sketched out the case for the new appropriations in the House fact sheet. As of last week, U.S.