IRS gets more pandemic relief payments out after delays
The National Consumer Law Center estimates that up to 20 million Americans who filed their taxes with an online preparation service found that their payment did not make it to them directly.
Associated Press
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U.S. shifts to speed vaccinations; won’t hold back second doses
As of Monday morning, the government had distributed about 25.5 million doses to states, U.S. territories and major cities. But only about 9 million people had received their first shot.
GM charges up new unit to sell electric delivery vans, gear
The first product for the new venture called BrightDrop will be an electric-powered wheeled pallet that will take goods from the warehouse to trucks and from trucks to destinations. Then GM will roll out a clean electric delivery van.
Officials: More contagious virus variant found in Indiana
The Indiana State Department of Health said the variant was identified in the state through testing by the state agency’s laboratory and the Centers for Disease Control and Prevention.
After frosty few days, Pence, Trump appear to reach truce
The two met Monday evening in the Oval Office and had a “good conversation,” according to a senior administration official. It was their first time speaking since last Wednesday, when some of Trump’s supporters stormed the Capitol building.
Pelosi says House will seek to impeach Trump, pushes VP to oust him
On Monday, House Speaker Nancy Pelosi’s leadership team will seek a vote on a resolution calling on Vice President Mike Pence and Cabinet officials to invoke the 25th Amendment, with a full House vote expected on Tuesday.
New law cracks down on shell companies to combat corruption
For the first time, shell companies will be required to provide the names of their owners or face stiff penalties and jail sentences. The information will be stored in a confidential database accessible to federal law enforcement and shared with banks.
After warning from feds, NCAA to delay vote on compensation rules
The NCAA is set to delay a potential landmark vote on legislation that would permit college athletes to be compensated for their fame after the association received a warning from the Department of Justice about potential antitrust violations.
Once again, job losses fall unequally across U.S. economy
The latest layoffs have been heavily concentrated in the industries that have suffered most because they involve face-to-face contact: Restaurants, bars and hotels, theaters, sports arenas and concert halls.
Rioters who stormed U.S. Capitol now face backlash at work
Some business owners are being trashed on social media and their establishments boycotted, while rank-and-file employees at other businesses have been fired.
Stock market shakes off a slump to reach more record highs
Technology stocks and companies that rely on consumer spending helped lift the market, outweighing losses in financial, industrial and other sectors.
Pelosi, Democrats lay plans for swift Trump impeachment
Articles of impeachment are expected to be introduced on Monday, with a House vote as soon as Wednesday, according to two people familiar with the planning and granted anonymity to discuss it.
Study suggests Pfizer vaccine works against virus variant
The study was preliminary and did not look at the two other major vaccines being used in the West. But it was reassuring, given questions of whether the virus could mutate to defeat the shots on which the world has pinned its hopes.
U.S. sheds 140,000 jobs, first monthly loss since spring
Friday’s figures from the Labor Department suggest that employers have rehired roughly all the workers they can afford to after having laid off more than 22 million in the spring—the worst such loss on record.
U.S. registering highest death counts yet from COVID-19
Meanwhile, the number of Americans who have gotten their first shot of the COVID-19 vaccine climbed to at least 5.9 million Thursday, a one-day gain of about 600,000, according to the Centers for Disease Control and Prevention.
Didn’t get your pandemic relief payment yet? You aren’t alone
While the IRS and Treasury have distributed the bulk of the anticipated $164 billion in second-round relief payments for Americans faster than the first time, millions have not gotten payments yet or found hiccups in the distribution.
Hurt feelings, anger linger after Pence, Trump finally clash
Mike Pence’s decision to publicly defy Trump was a first for the notoriously deferential vice president and former Indiana governor, who has been unflinchingly loyal to Trump since joining the GOP ticket in 2016.
Wall Street keeps rising on hopes for bigger stimulus
Investors and analysts are anticipating the Biden administration and a Democrat-controlled Congress will try to deliver $2,000 checks to most Americans, increase spending on infrastructure and take other measures to nurse the economy amid the worsening pandemic.
U.S. unemployment claims slip to still-high 787,000
In Indiana, 15,515 people filed initial unemployment claims in the week ended Jan. 2, up from an adjusted number of 12,013 the previous week.
Biden victory confirmed after pro-Trump mob storms U.S. Capitol
Vice President Mike Pence, presiding over the joint session, announced the tally, 306-232. President Trump said in a statement immediately after the vote that there will be a smooth transition of power on Inauguration Day.