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U.S. restaurants continue to struggle amid COVID-19 pandemic

03:19 According to the National Restaurant Association, between March of 2020 and January of this year, more than 110,000 U.S. restaurants had to close.The industry lostroughly 250 bill

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Ex-IMF deputy: China has to carefully manage U.S.'s boom-bust cycle

02:01 Zhu Min, former deputy managing director of the International Monetary Fund, warns that Biden's $1.9 trillion stimulus package could lead to inflation, affecting global markets. G

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IMF discuss global economic recovery following pandemic

02:20 The International Monetary Fund’s Managing Director says there’s light at the end of the tunnel for the global economy after the devastation of the coronavirus pandemic. But Kris

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House GOP blocks Democrats' attempt to pass $2,000 stimulus checks

U.S. House Republicans on Thursday blocked the Democrats' attempt to pass $2,000 COVID-19 stimulus checks after President Donald Trump asked Congress to increase amount of direct payments to American

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Trump wants Congress to amend COVID-19 relief bill, threatens to veto

U.S. President Donald Trump said on Tuesday he wants Congress to amend the coronavirus relief bill to raise the amount of stimulus checks and eliminate wasteful spending, among other issues.

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U.S. House passes $900 billion COVID-19 relief package

The U.S. House of Representatives passed a long-awaited COVID-19 stimulus package of $900 billion on Monday night, along with funding of $1.4 trillion to keep the government running through September

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Details of proposed second U.S. stimulus package

The U.S. Congress is expected to vote on a second COVID-19 stimulus relief bill which will give billions in direct assistance and fund vaccine distribution and contact tracing. Here’s what is in the

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S&P 500 hits record high on vaccine, stimulus bets

S&P 500 hits record high on vaccine, stimulus bets./Getty Images The SP 500 hit a record high moments after the open on Wednesday, according to a Reuters report, as hopes for a vaccine-linked

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Millions face cuts to emergency unemployment benefits in the U.S.

01:49 COVID-19 has forced millions of unemployed Americans to make impossible choices to make ends meet.And they’re facing even harder times as lawmakers wrangle over a second huge sti

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How COVID-19 hit the auto industry in the U.S.

01:39 Sales of new cars sank when the pandemic hit the U.S. It dropped 45% in March, compared to the same month of 2019 according to research firm J.D. Power.The following months, sale

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African American businesses demand economic parity in the U.S.

02:33 African American​shave long been disproportionately ​under-represented in ​the world ofbusiness,​with ownership rates well below their relative numbers in population.And the COVI

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American small businesses pin their hopes on government relief bill

02:51 Last two weeks of March saw around 10 million Americans file for unemployment benefits - setting a historic record for the country.Those laid off are now pinning their hopes on a

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Malaysia announces $58-billion stimulus package to cushion impact of coronavirus

Malaysia will launch a stimulus package worth 250 billion ringgit ($58.28 billion) to counter the impact of a coronavirus pandemic, Prime Minister Muhyiddin Yassin said

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U.S. Senate passes 2 tln USD stimulus package to blunt COVID-19 fallout

The U.S. Senate on Wednesday night passed a 2-trillion-dollar stimulus package to blunt the economic fallout of COVID-19. The death toll from COVID-19 in U.S. has surpassed 1,000 as of the night, wit

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Emotional states discovered in fish: study

Aresearchteamhasdemonstratedforthefirsttimethatfishhaveemotionalstatestriggeredbythewaytheyperceivetheenvironmentalstimuli.It'snotaneasytasktoevaluatetheanimals

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Companies unenthused over Abe's stimulus, BOJ easing

Japanese companies overwhelmingly say the government’s latest stimulus will do little to boost the economy and the Bank of Japan should not ease further, a Reuters poll showed, a setback for policymakers’ efforts to overcome deflation and stagnation.

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China's credit surge augurs no restart of massive stimulus

​Data showing an increase in loans has fanned speculation that the government may turn to a massive stimulus program, a move that would pose a risk to global financial market.