Cares Act News, Photos, Videos and Tweets

Stocks post worst quarter since 2008 financial crisis

The first quarter of 2020 ended with a whimper — with the Dow Jones Industrial Average, S&P 500 and NASDAQ posting their worst quarter in decades — as the COVID-19 pandemic continues to cause uncertainty and volatility across all major stock market indices. A…

cares act - TechCrunch
1:30pm PDT - March 31st, 2020

Student loans in default? The federal government won't garnish your wages for 6 months under the coronavirus relief bill

If your federal student loans are in default, you may have had your wages or other income garnished by the federal government to pay back what you owe. As of March 13 through September 30, student loan defaulters will get a break — the federal government will…

cares act - Business Insider
11:21am PDT - March 31st, 2020

It's easier for airlines to apply for $29 billion in bailouts from the US government than it is for people to apply for unemployment benefits

The coronavirus stimulus package offers up to $29 billion in payroll grants to airlines, helping them continue to pay workers through September, despite demand for air travel slowing to a crawl across the world. Another $3 billion is available to airline cont…

cares act - Business Insider
8:33am PDT - March 31st, 2020

Govt clarifies on company's contributions to PM CARES Fund above CSR limit

“Even if you have contributed the prescribed amount towards CSR, I would like to urge you to contribute over and above the minimum prescribed amount, which can later be offset against the CSR obligation arising in subsequent years, if you so desire,” said cor…

cares act - The Times of India
11:09pm PDT - March 30th, 2020

Save Capitalism From the 'Cares Act'...

Save Capitalism From the 'Cares Act'... (Second column, 10th story, link ) Related stories: Yellen Says Too Much Corporate Borrowing Will Hinder Recovery...

cares act - The Wall Street Journal
4:40pm PDT - March 30th, 2020

Yellen Says Too Much Corporate Borrowing Will Hinder Recovery...

Yellen Says Too Much Corporate Borrowing Will Hinder Recovery... (Second column, 11th story, link ) Related stories: Save Capitalism From the 'Cares Act'...

cares act - The Wall Street Journal
4:40pm PDT - March 30th, 2020

We got ahold of a document from Senate Democrats that provides clues to how the federal government will allocate $100 billion from the coronavirus stimulus to hospitals

A document authored by Senate Democrats sheds light on how the Trump administration might distribute $100 billion in financial assistance to hospitals as they work on the front lines of the coronavirus pandemic. The full document is included below. The money …

cares act - Business Insider
3:39pm PDT - March 30th, 2020

6 things to do with your money when you lose your job

If you've been laid off due to COVID-19, you may want to enroll in any types of insurance you lost when you were let go and roll your 401(k) over into an IRA. Check whether you can pause any bill payments, and identify nonessential expenses to temporarily cut…

cares act - Business Insider
2:34pm PDT - March 30th, 2020

The US government isn't calling about your stimulus check — and if someone does, it's probably a scam

Caroline Brehman/CQ-Roll Call, Inc via Getty Images The US government will soon be sending millions of Americans stimulus checks of up to $1,200 each, plus $500 per child. If you qualify to receive this one-time direct payment, you do not have to sign up or p…

cares act - Business Insider
10:27am PDT - March 30th, 2020

Building the fantasy of a soft man, one rom-com at a time

Welcome to Cozy Week, where we'll curl up by the glow of our screens to celebrate all that's soft in entertainment. Pour yourself a cup of hot cocoa and sit by us as we coo over the cutest games, cry over the tenderest movie moments, and drift off to the most…

cares act - Mashable
6:54am PDT - March 30th, 2020

Fact check: Did the House give itself a pay raise in the coronavirus relief package?

Posts on Facebook claim the House of Representatives gave itself a pay raise in the COVID-19 relief package. We rate those claims false.

cares act - USA Today
5:01pm PDT - March 29th, 2020

Contribution to PM-CARES Fund to qualify as CSR spending: Centre

“... any contribution made to the PM-CARES Fund shall qualify as CSR expenditure,” Corporate Affairs Minister Nirmala Sitharaman said in a tweet on Sunday.

cares act - The Hindu
1:00am PDT - March 29th, 2020

Virgil: Rep. Thomas Massie vs. America

Rep. Thomas Massie was the object of presidential ire after he took it upon himself on March 27 to delay passage of the CARES Act.

cares act - Breitbart News
4:28pm PDT - March 28th, 2020

What the Senate's $2 trillion stimulus bill means for digital health

This story was delivered to Business Insider Intelligence Digital Health Briefing subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. The US Senate sent a $2 t…

cares act - Business Insider
6:53am PDT - March 27th, 2020

Small businesses offered loans in coronavirus relief bill as they struggle to stay afloat. Will it be enough?

The CARES Act, which is expected to get final congressional approval on Friday, includes a $350 billion loan program for small businesses that need cash to meet payroll and other obligations. Here's how it will work.

cares act - CNBC
10:46am PDT - March 26th, 2020

The $2 trillion coronavirus stimulus bill also includes a provision that'll help you save on pads and tampons

A $2 trillion spending bill to rescue the economy and the healthcare industry from the coronavirus pandemic passed the US Senate last night. It's now headed to the House. A provision in the bill would let people use health savings accounts and flexible spendi…

cares act - Business Insider
9:21am PDT - March 26th, 2020

JPMorgan slashes its GDP forecast for next quarter — now sees a 25% contraction and imminent recession despite 'Herculean' stimulus measures'

JPMorgan lowered its first-half US GDP forecast Wednesday after projecting a deep recession just one week earlier. First-quarter growth will slip to -10% from its previous -4% estimate, the team led by chief economist Michael Feroli wrote. Second-quarter expa…

cares act - Business Insider
7:31am PDT - March 26th, 2020

Here's exactly what the $2 trillion coronavirus stimulus bill means for hospitals, doctors, and health insurers

Congress is coming to the aid of healthcare workers at a time when they're overwhelmed by surging demand and meager medical supplies. The Senate passed a $2 trillion stimulus bill late Wednesday night. The package now needs to be voted on by the House. More t…

cares act - Business Insider
5:45am PDT - March 26th, 2020

Senate approves $2T bipartisan stimulus package to respond to coronavirus

The Senate has passed the $2 trillion stimulus package in response to coronavirus. Now, the bill moves on to the House.

cares act - ABC News
8:49pm PDT - March 25th, 2020

Congressional leaders attempt to sell $2T deal for COVID-19 relief to rank and file

A vote on the Senate's bipartisan deal has not been scheduled yet as congressional leaders search for support of coronavirus relief.

cares act - ABC News
6:44pm PDT - March 25th, 2020

This Documentary Will Show You Just How Fragile Our Democracy Really Is

If you don’t want to know how easy it is for a canny individual—or a malicious state actor—to hack into the electronic voting technology used in the U.S., don’t watch Kill Chain: The Cyber War on America’s Elections. In this unnervingly persuasive HBO documen…

cares act - Time
11:49am PDT - March 25th, 2020

I led Britain's response to the Ebola outbreak and this is what it taught me about how business in a crisis

No business can fake being decent when times get tough. It either has the leadership and culture that cares – or it doesn't

cares act - Independent
1:19am PDT - March 24th, 2020

The Federal CARES Act Shouldn’t Penalize Marriage

Here’s hoping the federal relief package that emerges this week doesn’t end up undercutting one of the most important bulwarks of economic security.

cares act - National Review
3:12pm PDT - March 23rd, 2020

NYT spins stimulus bill story by repeatedly changing headline after Dems ‘block action’

The New York Times appeared to go into panic mode following Democrats’ opposition to the coronavirus stimulus bill in the Senate, putting out multiple headline changes, each time seemingly making the left look better. Read Full Article at RT.com

cares act - RT
8:16am PDT - March 23rd, 2020

Senate scrambles to strike deal on $1T pandemic relief for businesses, families

The U.S. Senate is scrambling to craft a $1 trillion relief package to help the economy and workers, with a vote possible on Monday.

cares act - ABC News
2:12pm PDT - March 20th, 2020