Economy

As the global semiconductor shortage continues to bite, one manufacturer says the issue could spread further than gaming devices and the auto industry.

"The spikes in Bitcoin outflows from exchanges typically coincides with upside price action in the following days, as investors continue to accumulate during the dips of this bullish market cycle," said Lennard Neo, a certified financial analyst and head of research at Stack Funds in Singapore.

"When you use this particular tool to the extent that we're using it, you can expect that it becomes more and more cost-effective for the countries that are affected to look for alternatives," Benn Steil, an economist at the Council on Foreign Relations, told Newsweek.

Most of those eligible will receive payments automatically, though some will need to fulfil certain steps to get their funds.

Clearly, the majority of Americans recognize that forcing someone to support a private organization he or she disagrees with is wrong.

The American Jobs Plan will invest about $2 trillion in infrastructure and jobs over the next eight years.

"The current amount of investment we're doing is barely, barely enough to keep pace with just the maintenance of the infrastructure," Moody's Analytics chief economist Mark Zandi told CNN. "And we can all feel it, right?

Senate Democrats are set to send President Joe Biden a letter on Tuesday calling for recurring direct payments and an extension of unemployment assistance if it's needed.

When women are involved in leadership, they create products and services that are ideally designed and marketed for the primary shopper in the household: women.

The Internal Revenue Service has said more payments are to be received this week as it continues to roll out funds from the latest COVID-19 relief package.

Human flourishing requires developing a sense of meaning in life, which should be taken very seriously in UBI discussions.

Economic Impact Payments have been sent to 90 million Americans, after the American Rescue Plan was signed.

Economists at the investment bank have forecast U.S. GDP growth of 8 percent by the end of 2021—up from 2.3 percent in 2019.

White House Chief of Staff Ron Klain spoke of acting to help "those who are hurting" and backed the plan to have a positive economic impact.

Historically, drug laws have had a particularly harmful impact on the Black community, but now more Black-owned cannabis companies are opening as marijuana legalization spreads through the country.

President Joe Biden is expected to sign the $1.9 trillion relief package on Friday, and stimulus payments could start going out this month.

The amended relief package was passed by the House on Wednesday and is expected to be signed by the president on Friday.

The progressive lawmaker talked up measures to help small businesses pay for the proposed wage increase.

The state's business, scientific and technical sectors are expected to be among the first to recover, economic forecasters predicted.

The GOP senator is concerned about the $1.9 trillion relief plan's effects on the U.S. economy.

It's not yet time to throw away the hand sanitizer or burn your masks. But it is long past time to reopen America.

The Pennsylvania senator criticized aspects of the COVID-19 relief bill, as Republicans continue to brand it too costly and suggest money will be spent in areas it should not be.

Polling has shown many Americans have struggled to pay for basic living costs in recent months, as the COVID-19 continues to pose hardships across the nation.

Republicans continue to criticize the Democrats' relief plans, taking issue with the reconciliation process being used to push them through.

Economists acknowledge that many people earning $50,000 or more annually have resumed working since the CARES Act's passage last spring. While they are likely to save most of what they receive in stimulus payments, experts also anticipate a portion of those funds will reenter the economy eventually.

A new poll found that most voters believed the next stimulus bill should be Congress' main focus.

Activists questioned whether the Democrat would "stand in the way" of the proposed minimum wage hike.

You can check the status of your payment on the IRS website. If you haven't received the money, you may be able to claim Recovery Rebate Credit through your tax return.

The London-based consultancy Capital Economics predicts that fewer workers will drag down China's economy.

Those who qualify for the check include residents enrolled in the CalWORKS program and Cash Assistance Program for Immigrants.