For some, Biden’s $1.9 trillion COVID-19 rescue plan is a ‘lifeline’ — and wouldn’t come a moment too soon

On Thursday evening, President-elect Joe Biden said he will call for $1,400 stimulus checks and more vaccine funds as part of a $1.9 trillion COVID-19 relief plan.

“President-elect Biden announced a proposed relief and recovery package that provides relief that is commensurate with the scale of the economic challenge facing the United States, due to the harm caused by the COVID-19 pandemic,” said Josh Bivens, director of research at the Economic Policy Institute, a progressive think tank.

The government’s unemployment rate hovered at 6.7% in December, and the number of unemployed workers was 10.7 million.

However, the EPI argues that

Read More

Search Help

Offshore banking usually implies that a person can have his accounts in such a financial institution that is located outside his personal nation. Current Account is an example of a non-remunerative checking account. The cash deposited in such account is taken into account ‘Qard’ (Non-interest bearing loan). The money is invested within the fund by the bank. Bank utilizes the money to put money into Ijarah, Murabaha, Diminishing Musharakah, Salam, Istisna etc. The money is payable on demand. (v) Bill of Lading: Invoice of lading and other export and import paperwork are used as a assure to take mortgage from … Read More

Benefits Of On-line Banking

Banking online is likely one of the newest and more vital technological advances for the banking system. There are 30.2 million small companies in the usA. () In keeping with the US Census Bureau, in 2017, small businesses employed forty seven.5% of the whole nation’s workforce. Payday loans seem to be a fantastic concept in case you’re short on funds. However payday loans could be an costly sort of brief-term mortgage to fund your purchases. Enterprise Finance Achieved In a different way. Local, accessible, and responsive. We provide a variety of simple-to-use credit score enhancements and direct lending instruments to … Read More