The federal government should be able to launch the delivery of $1,400 checks almost immediately once Congress finalizes the new aid bill and President Biden signs it, experts say. Child tax credit proves a bigger challenge.
Business & Financial News, U.S & International Breaking News
Tesla loses a third of its value for the third time in a year
Tesla Inc's stock extended losses on Monday and is now down by a third from its January record high, making it the third time in about a year that the electric car maker's shares have corrected that dramatically.
Judge rules against U.S., grants bail to Oath Keeper charged in Capitol riot
The U.S. Justice Department arrested another alleged associate of the anti-government Oath Keepers militia on charges he took part in the Jan. 6 storming of the U.S. Capitol, 6, and a judge granted him bail on Monday, rejecting government requests to keep him detained.
Myanmar forces trap protesters as UN and U.S. urge restraint
Myanmar security forces cornered hundreds of young protesters overnight in a district of Yangon and threatened to hunt for them door to door as the United States and United Nations appealed for them to be allowed to leave.
U.S. 'alarmed' by frequency of attacks on Saudi after Houthis target oil heartland
The United States on Monday expressed alarm at "genuine security threats" to Saudi Arabia from Yemen's Iran-aligned Houthis and elsewhere in the region after attacks on the heart of the Saudi oil industry, and it would look at improving support for Saudi defences.
GameStop jumps more than 40%, other 'meme stocks' rally on stimulus hopes
Shares of GameStop jumped more than 40% on Monday and other so-called meme stocks rallied, lifted by news from the video game retailer and expectations that investors may plow funds from coming stimulus checks into the equity market.
Republican U.S. Senator Blunt decides not to seek reelection in 2022
U.S. Senator Roy Blunt, a member of the Republican Senate leadership, said on Monday he will not run for office in 2022, making him the latest Republican lawmaker in Congress to opt for retirement.
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