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What is (and isn’t) in the economic aid bill – WORLD

By voice vote Friday, the U.S. House of Representatives passed the CARES Act, Congress’ third legislative answer to the COVID-19 pandemic. The Senate unanimously passed it 96-0 late Wednesday. The 883-page package will cost more than $2 trillion. It’s the most expensive fiscal relief package in American history: Forbes noted it’s more than double the largest stimulus …

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Does the coronavirus economic stimulus do enough for the 99%?

This editorial page was quite clear earlier this month when word of a federal COVID-19 relief package began trickling out of Washington: “We better spend it right. That means getting most of that money straight into the hands of the working people and small businesses who have been hardest hit.” …

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How Amazon, Flipkart, Nykaa, Lenskart are coping with coronavirus

India’s 21-day lockdown may have thrown up an opportunity for online grocers to shine, but the rest of the e-commerce industry is drowning in the Covid-19 tsunami. The Narendra Modi government has restricted online sales of all goods except “food, pharmaceuticals, and medical equipment” until April 14. However, these three …

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Here’s a breakdown of the $2T coronavirus bailout

President Trump on Friday signed a $2.2 trillion coronavirus rescue package as the pandemic devastates the nation’s economy, sickens more than 103,000 Americans and killed nearly 1,700 others. “This will deliver urgently needed relief to our nation’s families, workers and businesses and that’s what this is all about,” Trump said …

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