Tag Archives: Obscure

An obscure COVID stimulus benefit will pay you up to $9,000 for a funeral The nation’s massive pandemic rescue plan includes one kind of funding that gets less attention: a funeral assistance program, offering families of those who have died of COVID up to $9,000 to cover burial costs. Part of the Biden administration’s $1.9 trillion COVID relief plan signed in March, the funeral expenses program extends much-needed help to families who may have gone into debt or lost wages in the… Source link

(Bloomberg) — Every day in the early afternoon, money-market traders are glued to the Federal Reserve Bank of New York’s website to see the results of the overnight reverse-repurchase agreement facility. Most Read from Bloomberg They’re not the only ones. A screenshot of this obscure but important facility’s daily usage is religiously uploaded to a Reddit forum called Superstonk, a discussion board similar to WallStreetBets where users swap memes and stock tips. As usage of the facility… Source link