March 15, 2021

Money

$1,400 stimulus checks are on the way. Here’s who qualifies

President Joe Biden signed $1.9 trillion in new coronavirus relief into law on Thursday, which means $1,400 stimulus checks could start to reach Americans in the coming days.

Payments should go to about 159 million households.

“People can expect to start seeing direct deposits hit their bank accounts as early as this weekend,” White House press secretary Jen Psaki said Thursday.

“Payments to eligible Americans will continue throughout the course of the next several weeks,” she said.

The checks will be a maximum of $1,400 per individual, or $2,800 per married couple, plus $1,400 per dependent.

Like past direct payments,

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N Korean defectors struggle to send money home amid pandemic

ANSAN, South Korea (AP) — For the first time in years, Choi Bok-hwa didn’t get her annual birthday call from her mother in North Korea. Each January, Choi’s mother had climbed a mountain and used a broker’s smuggled Chinese cellphone to call South Korea to wish her happy birthday and arrange a badly needed money transfer.

Choi, who hasn’t sent money or talked to her 75-year-old mother since May, believes the silence is linked to the pandemic, which led North Korea to shut its borders tighter than ever and impose some of the world’s toughest restrictions on movement.

Other defectors

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Sir Maejor Page indicted on wire fraud and money laundering charges

TOLEDO, Ohio (WTVG) – Sir Maejor Page, a well-known activist and agitator in the Toledo area, has been officially indicted on charges of money laundering and wire fraud stemming from a September arrest. Page is accused of receiving donations through a Facebook page for Black Lives Matter of Greater Atlanta which Page allegedly used to purchase a home in Toledo, along with a number of other expensive personal items. He was arrested during an FBI raid on that Toledo home, and appeared in U.S. District Court later that day.

The official indictment, filed on March 11, 2021, charges Page with

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Kerry to Wall Street: Put your money behind your climate PR

“There’s an urgency in the timing,” said Rachel Kyte, who led sustainable development at the World Bank and was its special envoy for climate change. “It’s a political hot potato that Kerry is dealing with.”

Kerry has pitched banks on creating a U.S. net-zero banking alliance following the climate commitments from six major Wall Street banks, according to two people familiar with the discussions. Citi, Wells Fargo, Bank of America, Morgan Stanley and Goldman Sachs all set 2050 net-zero goals and JPMorgan Chase has said its lending would be aligned with the Paris agreement although Kerry and his team are

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IRS started processing $1,400 payments Friday

Treasury secretary nominee Janet Yellen speaks after US President-elect Joe Biden announced his economic team at The Queen Theater in Wilmington, Delaware, on December 1, 2020.

Chandan Khanna | AFP | Getty Images

The Internal Revenue Service on Friday began processing stimulus checks, which have already started to hit Americans’ bank accounts and should continue to arrive throughout the weekend.

Officials from the Treasury Department and the IRS told reporters Friday afternoon that most Americans do not need to take any additional action to receive their payments and most will be delivered via direct deposit.

“Even though the tax season

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SSI, SSDI and third stimulus checks: Qualifications, when and how your payment may arrive

The rules for a third stimulus check are set, and the payments are going out. Here’s what that means to people who receive SSI and SSDI. 


Sarah Tew/CNET

The IRS and US Treasury have begun to send the first rush of stimulus payments to some qualified individuals and family groups through direct deposit (here’s how to track your stimulus payment). But that early group may not apply to people who receive Social Security Disability Insurance or Supplemental Security Income. We can help answer questions about when you can expect your third stimulus check, and more. 

We’ll tell you

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