March 17, 2020 | 6:47pm
Because the coronavirus begins to take its toll on the economic system, the federal authorities on Tuesday mentioned it was working to place money instantly within the palms of Individuals.
“We’re sending checks to Individuals instantly,” Treasury Secretary Steven Mnuchin instructed reporters. “Individuals want money now and the president needs to get money now. And I imply now, within the subsequent two weeks.”
The money infusion could be a part of an $850 billion stimulus package deal that Mnuchin is discussing with Senate Republicans — $50 billion of that which go to the embattled airline trade.
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Right here’s what else we discovered immediately:
Sigh of aid:
- Right here’s one much less factor to fret about for now: The IRS is giving Individuals a three-month reprieve on paying their taxes this yr — or till July 15 as a substitute of April 15.
Nets catch it:
- 4 members of the Brooklyn Nets have examined constructive for the coronavirus — together with celebrity Kevin Durant.
- US shares rebounded — in the future after they took their worst hit because the crash of 1987 — because the Federal Reserve and the White Home unveiled recent strikes to ease the financial mayhem that’s being wreaked by the epidemic.
- One small group of New Yorkers tried to maintain the 250-year St. Patrick’s Day Parade custom alive, regardless of it being indefinitely postponed over the coronavirus.
- However pubs throughout the Huge Apple have been empty.
In the meantime…
- A 4-year-old British woman affected by coronavirus-like signs grew worse after taking ibuprofen, in response to her household. And in different regarding information, a Diamond Princess cruise ship passenger who was cleared of the virus examined constructive once more.
- Perhaps that’s why nobody is taking probabilities in terms of the sickness — not even New York Metropolis subway fare evaders.
- And are you working from dwelling as advisable? Listed below are some recommendations on the way to make your workspace extra ergonomic.