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The Chinese company delivered more than twice as many electric vehicles in November as it did a year ago.
Oil prices ticked higher early on Tuesday, after a crunch OPEC meeting over production quotas was reportedly postponed as the group struggled to reach a consensus.
Americans will soon find out who gets the coronavirus vaccine first, and when, Bitcoin tops 2017 record, Super Nintendo World to open in February, and other news to start your day.
Here’s what you need to know about the impact of Covid-19 to navigate the markets today.
1. Direct payments: $1,200 per taxpayer with income up to $75,000, with a phaseout beginning at that income level and ending at $99,000. Families will also receive $500 per child. Payments will be issued by the Treasury Department through direct deposit and physical checks.
An increasing income and wealth disparity among Americans has been simmering for decades, a widening gap that could have long-term economic implications and threaten the market’s recovery.
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On its face, income and wealth inequality is a natural byproduct of a capitalist system. But when inequality gets exaggerated, it has broad repercussions—and by multiple metrics, wealth inequality has made the U.S. an outlier among developed nations.
Also included is language that effectively restricts the Trump family’s business—and the businesses of his family members and other senior members of government—from receiving aid from this fund.