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President Donald Trump signed a 0 billion stimulus bill on Sunday, with some of those funds going toward direct payments for millions of Americans. While the bill has been signed into law, there are still a number of unknowns about the bill.Here is what is known:- Congress has authorized that most Americans making less than ,000 a year will get a direct payment of 0 (couples making less than 0,000 a year will get ,200). Heads of households making 4,500 annually also will receive the full 0.- Those making ,000 to ,000 (0,000 to 4,000 for couples) will get a prorated check. Those making over ,000 (4,000 for couples) will not receive a check.- Once again, young adults considered dependents of their parents are not eligible for the payments.- The amount given per child under the age of 17 will increase from 0 to 0.- Americans will receive the second round of stimulus checks the same way they received the first one.- While most Americans who received a stimulus check in the spring will receive one, changes to income between 2018 and 2019 could alter payments.What is unknown:- Will Congress authorize an increase of the direct payments from 0 to ,000. Trump called on an increase to direct payments, which got support from the House on Monday, mostly due to strong Democratic support. Now the bill goes to the Senate, but it is unknown if the bill will even get a vote there.- When a check will be distributed. Treasury Secretary Steven Mnuchin says that checks could be distributed within a week, but with Congress considering an increase to the amount per check, that could delay things.Why would I qualify for a check in the spring, but not now?This would mostly be due to a change in income. The IRS went by income from the most recent tax return that had been submitted by the spring. The filing deadline for 2019 taxes was July 15. For many Americans, the IRS used 2018 return information. If someone saw their income increase from 2018 to 2019, that information would now be in the IRS’ hands.Conversely, if your income dropped in 2019 compared to 2018, that might make you eligible for a check this time around.Undocumented immigrants still will not receive a check, but their spouses mayDuring the last round of stimulus checks, many families did not receive a check if an undocumented immigrant is in the family. Now, the spouses and children of undocumented immigrants can now receive a check (assuming they meet qualifications), and also retroactively earn a check from the last round of stimulus.When will we know if I will get 0 or ,000That will be decided in the coming days. The Senate is scheduled to meet on Tuesday. Theoretically, the Senate could approve the House’s bill on Tuesday, and Trump could sign later in the day.Regardless, a new Congress is sworn in on Sunday, and the Senate has until then to consider the legislation passed by the House on Monday. 2953

President Donald Trump says he has asked the SEC to study whether to stop requiring companies to report quarterly earnings.In speaking to business leaders, one told him a twice-a-year reporting system would allow companies the flexibility and cost savings companies need to "Make business (jobs) even better in the U.S." Trump tweeted Friday morning. Trump said he directed the SEC to look into a change in its requirements.Public companies must report their sales, profits and the state of the company's balance sheet every quarter. That has been required since the Securities Exchange Act of 1934, which was put in place to give more confidence and transparency to investors in the wake of the 1929 stock market crash. That act also created the SEC, which sets the regulations which govern those quarterly reports.Businesses have long complained that the reports require company executives to focus too much on the short term. Juicing numbers impresses investors, but it can force companies to miss out on long term trends. One of the reasons Tesla CEO Elon Musk wants to take his company private, he told his employees last week, was the way quarterly reports distort decisions at the company.President Barack Obama has also criticized quarterly reports.Speaking to the New York Review of Books in 2015, Obama said that he had talked to a large number of businesses executives who told him, "Because they've got quarterly reports to shareholders and if they've made a long-term investment that may pay off way down the line, or if they're paying their employees more now because they think it's going to help them retain high-quality employees, a lot of times they feel like they're going to get punished in the stock market. And so they don't do it, because the definition of being a successful business is narrowed to what your quarterly earnings reports are."Shareholders, however, use the quarterly earnings reports as a guide to the quality and health of their investments. Without quarterly financial reports, investors could be blind to important risk factors that could damage their portfolios.The president has run privately-held companies that didn't have to report results at all during most of his time in business,The European Commission, among others, only requires semi-annual financial reports of companies there, although major European companies whose stock is traded in both the United States and Europe will report on a quarterly basis in order to comply with SEC regulations.The-CNN-Wire 2519

President Donald Trump's hasty announcement last week that he'll slap new tariffs on steel and aluminum imports has prompted a public free-for-all to finalize details of the plan, with efforts underway to assuage some concerns from within Trump's own party.Trump insisted on Monday that he wouldn't back off his promise to apply a 25% tariff on steel and a 10% tariff on aluminum. But there are indications the plan isn't yet finalized and that whatever is ultimately announced may be narrower in scope than initially previewed.Speaking with Prime Minister Justin Trudeau on Monday evening, Trump signaled he was flexible in how the proposed tariffs would apply to Canada, a person close to the trade talks said. During a conversation with British Prime Minister Theresa May on Sunday, Trump indicated he had not made a final decision on what to do with steel and aluminum tariffs, according to person familiar with the call.  939

Researches in the United Kingdom have found a purr-fect way for you to communicate with your cat.A recent study published in the online journal Scientific Reports found that cats will appear friendlier and more approachable to humans who use slow-blinking, eye-narrowing facial expressions, which psychologists at the Universities of Portsmouth and Sussex referred to as a "cat smile."In their first experiment, 21 cats interacted with their owners. The psychologists' team found that the cats would slow-blink if their owners slow-blinked at them first, compared to a neutral expression.In its second experiment, 24 cats and a member of the research team interacted. The study found that if the experimenter slow-blinked at them first, they were more likely to approach their outstretched hand than if they had given the cat a neutral expression."Collectively, our results suggest that slow blink sequences may function as a form of positive emotional communication between cats and humans," the researchers said. 1022

President Donald Trump weighed in on if MMA commentator Joe Rogan should be a moderator during a debate between him and Democratic nominee Joe Biden.Former MMA fighter Ted Kennedy tweeted out that he and Rogan discussed the presidential debates on Rogan's podcast "The Joe Rogan Experience." 299