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Business and Economic News

As second year of emergency begins, GOP again pushes to limit Walz powers

As second year of emergency begins, GOP again pushes to limit Walz powers

Even as DFL Gov. Tim Walz relaxes some long-standing COVID-19 restrictions, Republicans in the Legislature sought once again to limit the emergency powers he has used during the COVID-19 pandemic.
by Brian Bakst

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How the COVID relief bill could help reshape the finances of American families

How the COVID relief bill could help reshape the finances of American families

Included in the bill is a provision that provides many parents an allowance of $250 a month for each child and $300 for kids under 6. Although set to last only through this year, many experts see it as a potentially game-changing initiative to fight poverty.
by Scott Horsley

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Defense Production Act speeds up vaccine production -- though it's hard to track

Defense Production Act speeds up vaccine production -- though it's hard to track

A 1950 law allows the government to award contracts that take priority over all others for national defense. During the pandemic, the law has been used to defend the country against the coronavirus.
by Sydney Lupkin

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More U.S. travelers are flying again despite COVID-19 risks

More U.S. travelers are flying again despite COVID-19 risks

Friday marked the busiest day for the nation's airports since COVID-19 put the brakes on air travel almost a year ago. But the number of travelers remains far below 2019 levels.
by Jon Hamilton

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The COVID-19 relief bill passed. What's Biden's next big move?

The COVID-19 relief bill passed. What's Biden's next big move?

Democrats passed the $1.9 trillion bill on a party-line vote, and Republicans do not appear ready to compromise on infrastructure, voting rights, the minimum wage, immigration or much else.
by Domenico Montanaro

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Black farmers have long faced discrimination. New aid aims to right past wrongs

Black farmers have long faced discrimination. New aid aims to right past wrongs

Generations of systemic discrimination have decimated the number of Black farmers in the U.S. Agriculture Secretary Tom Vilsack talked with NPR about provisions in the $1.9 trillion coronavirus relief bill that are meant to help Black farmers.
by Michel Martin and James Doubek

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Sanders: Americans care more about $1,400 checks from aid plan than lack of GOP votes

Sanders: Americans care more about $1,400 checks from aid plan than lack of GOP votes

Sen. Bernie Sanders, who helped shepherd the $1.9 trillion COVID-19 relief plan through Congress, says the package is "the most consequential piece of legislation for working families" in decades.
by Scott Simon

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IRS says new round of COVID relief payments on the way

IRS says new round of COVID relief payments on the way

Along with daylight saving time, this weekend could bring Americans fatter bank balances. Officials at the Treasury Department and Internal Revenue Service say processing the new round of stimulus payments has already begun.
by The Associated Press

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Top Foxconn executive buys $2M home in Wisconsin

 A top Foxconn Technology Group executive has purchased a $2.18 million home in Wisconsin. The Milwaukee Journal Sentinel reports Alan Yeung and his wife, Stella Chan, bought the home in Elm Grove on March 5.
by The Associated Press

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Netflix tests out a possible password-sharing crackdown

Netflix tests out a possible password-sharing crackdown

Netflix is testing a way to crack down on password sharing. The streaming service has been asking some users of the popular streaming site to verify that they live with the holder of the account.
by The Associated Press

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