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Massachusetts lawmakers want to give residents $250 checks to offset sky-high prices

Individuals would be eligible for a one-time $250 check, and married couples would get a $500 check…

Joseph Zeballos-Roig,Juliana Kaplan   


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7 mins read

Meet the millennials who made all the right money moves in the pandemic economy and are suddenly wealthy

Millennials' average wealth doubled in the last four years, leaving some surprised to realize that …

Juliana Kaplan   


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2 mins read

Nearly 3 million people have signed a petition demanding that Congress issue a fourth stimulus check

The petition shows there's a clear demand from Americans for more federal support, but it's unclear…

Yelena Dzhanova   


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Millennials and Gen Z saw their wealth balloon during the pandemic

It turns out that the pandemic's economic situation was pretty good for younger Americans' net wort…

Juliana Kaplan   


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Why a fourth stimulus check isn't likely anytime soon

A monthly child allowance is going out in mid-July for most American families, providing a boost of…

Joseph Zeballos-Roig   


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3 mins read

Democrats are pushing Biden at the last minute to put a permanently expanded child tax credit in his latest economic plan

Making the monthly checks to parents from the stimulus permanent could collide into barriers in the…

Joseph Zeballos-Roig   


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Jen Psaki downplays the prospect of a 4th stimulus check, saying Biden has already proposed his best economic-recovery plan

Psaki alluded to a cash benefit families can start tapping in July. The GOP has argued that federal…

Joseph Zeballos-Roig   


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Four states dole out direct payments to residents as fourth stimulus check remains unlikely

Four states - California, Florida, New Mexico, Tennessee - have allocated funds to provide direct p…

Yelena Dzhanova   


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The White House says it's up to Congress to decide on sending more stimulus checks because they're 'not free'

Jen Psaki instead touted a remodeled child tax credit from Joe Biden's stimulus, a measure allowing…

Joseph Zeballos-Roig   


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Mitt Romney says he favors monthly cash payments for families over Biden's proposed federal childcare program

Biden's new $1.8 trillion plan aims to save families $15,000 a year in childcare costs, but the Rep…

Joseph Zeballos-Roig   


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3 mins read

2 reasons Americans just dove into credit card debt faster than they have in 22 years

In the last three months of 2021, Americans swiped $52 billion in credit card debt, the fastest sin…

Jason Lalljee   


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3 mins read

The Choctaw Nation is giving its members $2,000 apiece in universal basic income from stimulus funds. Other tribes are trying similar things.

The Choctaw, Navajo, Cherokee, and Osage tribes all unveiled direct-payment plans. Their announceme…

Ben Winck   


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Hundreds of thousands of Americans have signed a petition calling for $2,000 monthly stimulus checks in the wake of the Delta variant

So far there have been three stimulus checks. It's unclear whether there will be a fourth, but the …

Yelena Dzhanova   


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Over 156 million stimulus checks have gone out from the latest stimulus - fulfilling a key 100-day goal for Biden ahead of schedule

Roughly 25 million direct payments went out in the latest batch, the IRS said, amounting to $372 bi…

Ben Winck   


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50% of Americans are using the the 3rd stimulus check to pay off debt, report finds

LendingTree found that of the Americans using stimulus checks to pay off debt, 56% are putting them…

Ayelet Sheffey   


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Americans are using a record-low portion of their disposable income to pay down debt

The level of household income being used to service debt just hit a record low, the Federal Reserve…

Joseph Zeballos-Roig,Andy Kiersz   


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3 mins read

Should stimulus checks be permanent? An increasing number of people - and Democrats - think so.

Americans have so far received three stimulus checks, but many argue three isn't enough, and paymen…

Ayelet Sheffey   


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Sending 4th and 5th stimulus checks could keep 12 million Americans out of poverty, report finds

The Economic Security Project found that stimulus checks are faster and more impactful for lifting …

Ayelet Sheffey   


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Without a stimulus, unemployment could stay high for a decade

Additional relief may be the key to shrinking unemployment. David Kelly, chief global strategist at…

Juliana Kaplan   


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California just agreed to send up to $1,000 monthly checks to residents in nation's first guaranteed income program

Pregnant people and people in the foster system would be prioritized for monthly checks of up to $1…

Ayelet Sheffey  Â