When might the IRS send more stimulus checks and who may get them first? Here’s an estimate

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How soon could your second stimulus check come? We lay out some possible dates, from when the bill is passed to when your money could actually arrive.


James Martin/CNET

Now that talks to pass new coronavirus relief legislation with a second stimulus payment have resumed, we can predict when eligible Americans may receive direct payments. If a new stimulus check is authorized, the priority group that you’re a part of and how fast the IRS can start sending out payments in general will determine how long it takes. (Here are some more important stimulus payment facts.)

House Speaker Nancy Pelosi directed House Democrats to bring a new relief proposal that includes another stimulus check and other aid for airlines and restaurants to a vote as early as this week. She has also resumed talks with Treasury Secretary Steven Mnuchin. 

“We’re in a negotiation, and hopefully we’ll come to

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Stocks Slump as Traders Weigh Outlook for Stimulus: Markets Wrap

(Bloomberg) — The end-of-month rebound in global equities faded as investors weighed prospects for fiscal stimulus in the U.S. and the outlook for the coronavirus pandemic. Oil tumbled on concern slow growth will limit demand.

The S&P 500 Index slumped, with more than two stocks falling for every one that advanced, after talks on expanding aid ended for the day with plans to resume discussions tomorrow. An exchange-traded fund that tracks the S&P 500 gained 0.2% in after-hours trading after a study showed a Regeneron Pharmaceuticals Inc. antibody cocktail may help treat coronavirus patients outside of the hospital.

Oil fell toward $39 a barrel in New York. Treasuries were little changed, while the dollar weakened.



chart: S&P 500 is on track for the worst month since 2018 relative to global peers


© Bloomberg
S&P 500 is on track for the worst month since 2018 relative to global peers

With the pandemic’s global death toll exceeding 1 million and virus cases on the upswing in many locales,

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Stimulus check money: Everything we know about how large your second relief payment might be

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We help you estimate the maximum amount that could end up in your bank account if another stimulus payment arrives.


Angela Lang/CNET

Is there a possibility that you could receive a second stimulus check before the Nov. 3 election, and if so, how much could you receive if you are eligible? 

A ray of hope emerged with the news that House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have restarted negotiations to pass another coronavirus rescue package. House Democrats have a new relief proposal worth $2.2 trillion that may be voted on as soon as Oct. 2. It includes a check as well as other items like $600 per week in federal unemployment benefits. If it actually passes the House, the Senate could choose to pick it up for a vote, or, as was the case with the Heroes Act that passed the House in May, Senate

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Tomorrow is the Last Day to Get Coronavirus Stimulus Money for Dependents This Year

If you’re owed $500 for your dependents, you’ll need to act quickly to get the money.

The Coronavirus Aid, Relief, and Economic Security Act (also known as the CARES Act) authorized payments of $1,200 for each adult and $500 per dependent child under age 17. Most Americans were entitled to this money. It was the IRS’s responsibility to distribute these funds.

Unfortunately, some people didn’t receive the stimulus check for their dependents. If that’s you — it’s not too late to claim your payment, but you’ll need to act soon.

How did this happen? From the beginning, the IRS didn’t have information about everyone who should receive a coronavirus stimulus payment. The agency obtained details about taxpayers and their dependents from tax returns filed in 2018 and 2019. However, not everyone files a return. Many people who receive Social Security benefits, railroad retirement benefits, and pension benefits don’t have to

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Stimulus check money: Everything we know about how big your second relief payment might be

 money-bills-dollars-recession-stimulus-cash-4363

We help you estimate the maximum amount that could end up in your bank account if another stimulus payment arrives.


Angela Lang/CNET

Is there a chance that you could get a second stimulus check before the Nov. 3 election, and if so, how much could you receive if you are eligible? 

A glimmer of hope has emerged with the news that House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have resumed negotiations to pass another coronavirus rescue package. House Democrats have a new relief proposal worth $2.4 trillion that may be voted on as soon as Oct. 2. If it actually passes, the Senate could choose to pick it up for a vote, or, as was the case with the Heroes Act that passed the House in May, Senate Majority Leader Mitch McConnell may not take it up at all.

The first stimulus check maxed out at

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Oil falls as demand worries counter U.S. stimulus hopes

By Sonali Paul and Koustav Samanta



FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma


© Reuters/Nick Oxford
FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma

MELBOURNE/SINGAPORE (Reuters) – Oil prices fell on Tuesday, paring gains from the previous session, as persistent demand concerns due to the coronavirus pandemic outweighed hopes for a new U.S. stimulus package.

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More than 1 million people have died of COVID-19 as of Tuesday, a Reuters tally showed, with fatalities and infections surging in several countries.

U.S. West Texas Intermediate (WTI) crude futures dropped 22 cents, or 0.5%, to $40.38 at 0438 GMT.

The more-active Brent crude futures for December fell 19 cents, or 0.4%, to $42.68 a barrel. The November contract, which expires on Wednesday, fell 17 cents to $42.26 per barrel.

Commodities markets crept up earlier in the day as Democratic lawmakers unveiled a new $2.2 trillion coronavirus relief

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Stimulus Checks, Student Loan Relief, And Money For Education

House Democrats released an updated Heroes Act on Monday night. The new $2.2 trillion coronavirus relief package includes much of what was in the original bill passed in May, though is notably about $1 trillion cheaper.

The legislation includes many popular provisions, including another round of stimulus checks to American families. House Democrats also restored the enhanced weekly $600 unemployment benefits that expired this summer.

In terms of education, the bill includes a number of important components. The CARES Act’s student loan payment suspension expires at the end of this month, though President Trump has extended it through the end of the year. However, the new CARES Act would extend the payment and interest pause through September 30, 2021. The

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Stocks Soar Thanks to Stimulus Hopes, Big Tech Rally

Stocks rose in dramatic fashion to begin the new week, with optimism coming from additional U.S. fiscal stimulus hopes and a Big Tech rally. Today’s rise also comes one day ahead of the first debate between U.S. President Donald Trump and former Vice President Joe Biden. The Dow rose 410 points, after House Speaker Nancy Pelosi reiterated the positive news surrounding the coronavirus aid deal that remains on the table. Elsewhere, the S&P 500 and Nasdaq Composite closed comfortably above fair value, with all three benchmarks logging their third-straight win, as shares of major tech companies advanced after trading considerably lower the week before.

Continue reading for more on today’s market, including:

  • Prime Day got a confirmed date, giving a boost to Amazon stock.
  • This spice stock is jumping ahead of its fiscal third-quarter report.
  • Plus, a cannabis stock attracting investors; Qualcomm has more than a new bull note
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Stimulus check money: Everything we know about how big your second relief payment could be

 money-bills-dollars-recession-stimulus-cash-4363

We help you estimate the maximum amount that could end up in your bank account if another stimulus payment arrives.


Angela Lang/CNET

Could a second stimulus check happen before the Nov. 3 election, and if so, how much could you get if you qualify a new payment? Now that Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi have agreed to resume negotiations on another relief package, there’s still hope to squeeze in a coronavirus check before election day. 

House Democrats are looking to score a vote on a new relief proposal worth $2.4 trillion on Oct. 2. If it actually passes, the Senate could choose to pick it up, or, as was the case with the Heroes Act that the House passed in May, could do nothing.

The first stimulus check sent up to $1,200 per adult, but a second stimulus payment could be lower or higher,

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France to release $49 billion in economic stimulus next year

PARIS (AP) — France’s government presented its 2021 budget on Monday, a plan that aims to rescue the country’s beleaguered economy from the impact of the coronavirus pandemic by injecting a 42 billion-euro ($49 billion) stimulus next year.

Finance Minister Bruno Le Maire said “we are convinced that France can recover, and quickly recover,” following a Cabinet meeting.

France’s economy is expected to shrunk 10% this year, in its worst recession since World War II. Earlier this month, French President Emmanuel Macron’s centrist government unveiled a 100 billion-euro ($117 billion) recovery plan aimed at creating jobs and saving struggling businesses.

“By the end of 2021, we want to release 42 billion euros of these funds, so nearly half of it, in order to have quick economic results,” Le Maire said.

The government hopes the economy will grow 8% next year, boosted by the recovery plan.

The massive plan includes money

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