Plenty of retailers have focused their ads on the expected wave of economic stimulus checks. Sears and Kroger have taken things a step further, giving shoppers an extra 10 percent cash if they trade their whole check for a Kroger, Sears, or Kmart gift card. Now Kroger, the biggest supermarketer...
WASHINGTON -- The U.S. economic downturn gained steam Tuesday, with a report of the highest inflation since the early 1980s, more bad news for banks and automakers and a suggestion by the Federal Reserve chief that worse days are ahead. President Bush sought to bolster confidence by...
Additional 5% Use Money to Avoid Foreclosure or Bankruptcy ATLANTA, July 15 /PRNewswire/ -- A survey of 3,004 persons across the United States who receive financial counseling from a national nonprofit agency found that 29.4% used funds from their tax stimulus check to pay for everyday expenses,...
BOSTON, July 14 /PRNewswire/ -- -- 81% feel we are in an economic recession -- 78% feel economic stimulus checks are useless -- 86% say the federal government is doing "nothing" or "little" to help small businesses -- Labor costs and inflation...
NEW YORK -- Shoppers, enticed by heavy discounts and armed with rebate checks, spent freely in June, helping to lift retailers' sales. The outlook for the back-to-school season remains tough, though, as consumers confront high gas and food prices, a slumping housing market and tighter credit. The...
MATTHEWS, N.C. -- Family Dollar Stores, Inc. (NYSE: FDO) reported that net sales for the five weeks ended July 5, 2008, increased 10.7% to $715.0 million compared with $645.8 million for the five-week period ended July 7, 2007. Comparable store sales for the June period increased 8.0%. The Company had...
In possibly the most brazen vote-buying scheme ever attempted, President Bush sent several hundred dollars to each voter just before the presidential election under the guise of stimulating the economy. The economic-stimulus plan is really a political-stimulus plan for the Republican Party and the war in Iraq....
In a week devoted to cures for our growing economic ills, Barack Obama made the conventional political promise: To every "middle-class" American, a chicken in every pot, paid for by someone else. The ambitious Obama economic agenda laid out in St. Louis includes: More tax money...
WASHINGTON -- As $78 billion in economic stimulus checks pour into American pockets, the American Institute of Certified Public Accountants reminds taxpayers that saving the money will compound the benefit of the payments. "You'll get a larger benefit from the economic stimulus payment if you save it, and...
Liberty Tax Service Offers a Variety of Tax Preparation Options for Filers Still Eligible for Tax Rebate Checks VIRGINIA BEACH, Va. -- It's like an unclaimed lottery ticket due to expire. Over 1.4 million Americans are still eligible to receive a tax stimulus rebate, but they must file...
[ILLUSTRATION OMITTED] Is the worst over? Are we on the road to recovery? Will the next president take office against a backdrop of economic improvement, as Bill Clinton did in 19937 Or has something deeper and more intractable gone wrong? Early this year, the optimists, including...
WASHINGTON -- Millions of economic stimulus payments sent after- tax incomes surging in May by the largest amount since a similar recession-fighting effort by Gerald Ford 33 years ago. All the extra money helped to push consumer spending up by the largest amount in six months, but...
Retirees and disabled veterans: Come get your money. The Internal Revenue Service is launching a campaign to make sure 5.2 million people who normally do not have to file tax returns get their economic stimulus checks. Tax returns must be filed in order to get the checks,...
WASHINGTON AFP — US consumer spending rose 0.8 percent in May, as Americans spent the proceeds of tax rebate checks, while incomes swelled 1.9 percent, a government report showed Friday. The jump in consumer spending last month was significantly boosted by the one-off rebate checks, part of a...
About $2 billion in economic stimulus rebate checks are being confiscated to pay overdue bills for child support, student loans and back taxes, the government says. So far, 1.8 million rebate checks have been intercepted by Treasury Department computers showing that individuals owe money to federal or state...
While most Michigan retailers say they haveseen little boost in sales from the federal economic stimulus checks,slightly more rang up better sales in May and are projecting better summersales, according to the Michigan Retail Index, a joint project of MichiganRetailers Association MRA and the Federal Reserve Bank of Chicago. The...
Ordinarily, word that the IRS is looking for you would be cause for concern, especially if you're selling moonshine out of your garage. But if you're retired or a disabled veteran, the IRS is seeking you for a pleasant reason: The government wants to give you a check. ...
AUSTIN, Texas, June 23 /PRNewswire/ -- While travelers lament high gas and airline prices, BedandBreakfast.com is standing by to offer vacation relief. B&B travelers who book a two-night stay online at http://www.bedandbreakfast.com/ now through September 1 will receive a $50 bonus rebate check. An economic stimulus for B&B...
Stimulus vote After reading Don Daniels' letter about Rep. Jerry Moran's vote against the farm bill, it brought to mind a question that's been bugging me. Can someone tell me why he voted for the economic stimulus legislation when it passed the House, then...
The plan, according to our government's economic gums, was to stimulate our economy by sending tax rebates to U.S. taxpayers to spur spending and invigorate our troubled economy. In theory, recipients of the checks would use their rebate checks to purchase more consumer goods and help stimulate business. ...
Articles 2008-06-23
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