Covid-19 Stimulus Package Is a Boon for Business

  • 📰 WSJ
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Businesses are poised to benefit from twin victories in the $1.9 trillion relief package, which gives consumers more to spend but doesn’t force companies to raise workers’ wages

said during the virtual event. “But that’s not the bigger point. The bigger point is you know there’s broad public support for this bill. That’s certainly true of those of us that are running airlines.”

Companies that have been hurt by the pandemic or rely directly on robust consumer spending for sales, such as small restaurants and retailers, cheered the bill’s passage. The National Retail Federation, Consumer Brands Association, National Restaurant Association and Independent Restaurant Coalition supported the bill.

“Ensuring that the American people are given the opportunity to quickly and safely get vaccinated against Covid-19 is the most critical component of the legislation passed,” the retail federation said last week as the bill moved through the Senate.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Stimulus package is temporary,not compounded interest..😅

Just opening back up would have saved us $1.9 trillion but that level of common sense hasn’t been at the WSJ since the 90’s..

Wallstreet Journal is like it's a good thing people still have starvation wages and can't own their own homes. Lol

South Africa South Africa Latest News, South Africa South Africa Headlines