The final bill includes $400 billion in one-time payments of $1,400 to most Americans, $300 a week in extended jobless benefits for the 9.5 million people thrown out of work in the crisis.
President Joe Biden signed a $1.9 trillion COVID-19 relief bill on Thursday that brings total federal spending to combat the pandemic over the last year to about $6 trillion. He plans to tee up a huge infrastructure outlay of about $4 trillion over the
India is leaving behind the worst financial year in the years of Independence. Since the colonial period, the financial year has run from April 1 to March 31 of the following calendar year. On March 25 last year, a week before end of the 2019-20 financial
President Joe Biden is riding high thanks to his success in pushing through the massive $1.9 trillion COVID-19 relief bill he signed last week. Polls have found that the bill was supported by as many as 70% of Americans, and the president’s approval rating has hit 55%,
Facebook, the American digital social network giant, has agreed to pay a fine of US$4.75 million as fine and up to US$9.5 million to eligible victims who have faced discrimination in recruitment. The US Justice Department has alleged that Facebook overlooked US nationals, people who were granted
The Group of 20 rich countries are divided over phasing out coal and committing to limit global warming to 1.5 degrees Celsius as they prepare for a crucial summit in Rome next week, sources familiar with the negotiations said. The need to curb emissions will be high on the agenda of the
The world has been experiencing the steady and mounting impact of climate disruption for the last few decades. The United Nations’ annual Climate Change Summit has long been warning of irreversible serious disruption caused by melting ice caps, rising sea levels, worsening