Post Tagged with: "US economy"

Donald Trump said on Saturday that he would extend enhanced coronavirus unemployment benefits. (Image by Susan Walsh-AP)

US passes 5m Covid-19 cases amid anger over economic relief impasse

by eCommunicator While many Republicans have said the weekly unemployment benefits during Covid-19 encourage people not to work, Gene Marks says some US small business owners actually support the $600 weekly benefit. About 30 million unemployed Americans are now on tenterhooks waiting to see if the $600-a-week federal unemployment benefit […]

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Mark Meadows (left) and Steven Mnuchin represent the White House in the talks. (Getty Images)

Coronavirus: Last-ditch talks on new aid package for US economy fail

by eCommunicator Last-ditch negotiations at the US Congress to forge another stimulus package for the coronavirus-ravaged economy have collapsed in stalemate. Democrats and Republicans remain at odds over everything from unemployment benefits to financial aid for schools to cash injections for states’ coffers. The US unemployment rate stands at 10.2%, […]

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