Happy Friday! Today is April 17 and we are reading that the market is set to surge after a coronavirus drug reportedly shows effectiveness, there are talks of an emergency bill to replenish a program to buoy small businesses pummeled by the coronavirus and President Trump unveils broad guidelines for parts of the U.S. to start relaxing some social distancing restrictions. We also see that there have been some glitches in the IRS stimulus check tracking tool and that filing for unemployment as a self-employed or gig worker is quite complicated. Have a great weekend everyone and happy reading!
U.S. stock futures were pointing to a strong gain for the Dow at Friday’s open on a report that said Gilead Sciences’ drug Remdesivir showed effectiveness in treating Covid-19.
Congressional Democrats and the Trump administration will talk through the weekend to try to strike a deal on an emergency bill to replenish a program to buoy small businesses pummeled by the coronavirus, Senate Minority Leader Chuck Schumer said Friday.
President Donald Trump unveiled broad new federal guidelines Thursday that lay out conditions for parts of the U.S. to start relaxing some of the strict social distancing measures imposed to combat the spread of the coronavirus pandemic.
A tool launched Wednesday by the Internal Revenue Service to track Americans’ stimulus relief checks is not working for many. The Get My Payment tool is meant to give those eligible for a coronavirus stimulus check information on when they will receive their payment. Instead, many are receiving messages that their payment status is not available.
Americans filing for unemployment benefits have been stymied by an overloaded system strained by record volume amid the coronavirus pandemic. But the process has been especially fraught for self-employed workers and others, like those in the so-called gig economy, who are newly eligible to collect unemployment benefits.