Cash likely to arrive at many Americans' doorsteps
March 23 - 27, 2020
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Let's break down the news. Here's a preview of this week's memo:
1. CoronaVirus: U.S. Has Most Cases in the World
2. Senate Passes $2 Trillion Stimulus Relief Bill
+ GetSmart (💰 How much money does a U.S. President make?)
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NewsBites
UK Prime Minister Boris Johnson has tested positive for the coronavirus and is experiencing mild symptoms. He said he will still lead the country’s response efforts while in self-isolation.
The number of unemployment claims last week in the U.S. was 3.28 million, obliterating the previous high of weekly claims set in 1982 at 695,000. Economists are predicting that GDP in the U.S. will contract by double digits in the coming months.
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