Americans begin to see economic impact payments from relief package
The IRS has started direct deposits for the first round of stimulus payments under the coronavirus relief package. Eligible individuals earning up to 75,000 dollars will receive 1200 dollars, with phased reductions for higher incomes. families get 500 dollars per qualifying child.
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IRS
Congress
Puerto Rico
Treasury
The
OPEC nations approve near 10 million barrel cut in shock accord
OPEC and allied producers finalized an unprecedented roughly 9.7 million barrel per day production cut for May and June, aiming to lift slumping prices amid the coronavirus crisis. The deal, aided by U S involvement, includes Mexico’s limited 100 000 barrel daily reduction and vows broad cuts through 2021, with authorities predicting a price rebound.
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Dubai
United Arab Emirates
OPEC
Russia
U.S
Dan Brouillette
Donald Trump
Saudi Arabia
Mexico
Al-Arabiya
Abdulaziz bin Salman
Salman
Trump
Kevin Cramer
North Dakota
American Petroleum Institute
Brouillette
Nigeria
Andrés Manuel Lopez Obrador
Auto industry fears car price collapse
Auto industry frets over a potential used car price collapse as demand remains weak and auctions stall. Analysts warn a March price drop and rising wholesale supply could hurt GM Financial, Ford Credit, and rental firms like Hertz Avis and Enterprise, pressuring earnings and liquidity.
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Dale Pollak
Cox Automotive
North America
Manheim
GM Financial
Joel Levington
Bloomberg Intelligence
Ford Motor Credit
Treasury Department
Federal Reserve
Hertz Global Holdings Inc
Avis Budget Group Inc
Enterprise Holdings Inc
Keller
Dollar Thrifty Automotive Group Inc
Avis
Hertz
Hamzah Mazari
Jefferies
Mazari
J.D. Byrider
Visalia
Calif
Kirk McKoy
LOS Angeles Times
TNS
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Sarah Skidmore
Associated Press
Mark Mazur
Tax Policy Center
Mazur
General Motors Co
Ford Motor Co
Maryann Keller
Wall Street
Stamford
Connecticut
Cox Automotive-owned
General Motors Financial