U.S. ECONOMY GETTING BETTER BUT NEEDS MORE STIMULUS SAID MOST AMERICAN CFOs

Highlights

• In the survey conducted by the Deloitte Global CFO Program Leader, around 70 percent of CFOs said they expect a COVID-19 vaccine to bolster the economy by midyear

• On the other hand, only 18 percent of CFOs said they would be rating the North American e...

RURAL NEVADA TO RECEIVE $1.65 MILLION IN COVID RELIEF

Highlights

• Under the CARES Act, the COVID-19 Rural Recovery Grant program was established and in order to look after the program, a committee was formed

• Utilization of the grants is likely to be done to boost the market and for advertising campaigns with an empha...

US RESCUE PACKAGE WOULD INCREASE GROWTH IN US ECONOMY BY 2% POINTS NEXT YEAR: IMF OFFICIAL

Highlights

• A US rescue package on the order of previous $2.2 trillion CARES ACT would increase growth in the world’s biggest economy by two percentage points next year, over the 3.1 percent GDP rise currently forecasted said Gita Gopinath

• As per the latest ...

CARES Act SENDS $1.4 BILLION TO DECEASED PEOPLE, LEGALLY THIS MONEY CANNOT BE ASKED BACK

Highlights: 

• A glitch in deceased data maintenance leads the government relief funds to be sent to 1.1 million deceased people 
• Legally, this money cannot be asked to be returned

The coronavirus relief funds were distribute...

68% LAID OFF AMERICANS ARE MAKING MORE MONEY FROM BENEFITS THAN AT WORK

Highlights

• Republicans and some democrats deem the HEROES Act bill unnecessary
• Studies show that 68% of Americans are already making more from benefit money than what they made in their employment

House Democrats, including Speaker Nancy Pelosi, prop...