Daily Archive: January 2, 2021

Stimulus update: When to expect $600 checks and $300 enhanced unemployment payments

You can’t blame Americans for being eager to receive their stimulus money: With a weakening economic recovery and an out-of-control pandemic, the direct payments included in the $900 billion stimulus package signed into law by President Donald Trump on Dec. 20 are literally a lifeline for millions of Americans.

That $900 billion economic aid package set aside money to send most Americans a $600 stimulus check—down from the $1,200 checks sent by the CARES Act passed in March and less than the $2,000 sought by Congressional Democrats and later, President Trump. The bill also brings back weekly enhanced federal unemployment benefits for the more than 19 million Americans still on unemployment benefit rolls. These enhanced benefits will pay out $300 per week, on top of state benefits, for up to 11 weeks.

We know the aid is coming, but when? Here is Fortune‘s guide.

When to expect your $600

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India’s drugs experts approve AstraZeneca, local COVID vaccines By Reuters

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© Reuters. Man applies finishing touches to graffiti representing a vaccine in Kolkata

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By Krishna N. Das

NEW DELHI (Reuters) – Experts at India’s drugs regulators have recommended for emergency use two coronavirus vaccines, one developed by AstraZeneca (NASDAQ:) and Oxford University and the other backed by a state-run institute, the government said on Saturday.

A government minister said earlier the AstraZeneca/Oxford vaccine had been given the green light on Friday, paving the way for a huge immunisation campaign in the world’s second most populous country.

The government said the final decision on the two vaccines would be made by the chief of the Central Drugs Standards Control Organisation (CDSCO). That process is expected to be a formality given the urgency for a vaccine in the country with the highest number of COVID-19 infections in the world after the United States.

The other vaccine, known as COVAXIN, has

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