Remove business budget-deficit
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US Treasury Eyes Borrowing Almost $3 Trillion In Second Quarter

PYMNTS

trillion for efforts to stem the tide of the virus and help businesses and various sectors of the economy. That funding included aid for hospitals, small businesses, more testing, unemployment boosts, and direct payments to millions of people all over the country. trillion budget gap by the end of the year.

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Hong Kong Approves $17.7B Coronavirus Relief Package 

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billion relief package to help households and businesses financially crippled by the coronavirus pandemic. Additionally, Lam asked businesses to avoid laying off employees. “I The budget deficit will go up from HKD$139.1 Hong Kong has approved a $17.7 billion to HKD$276.6 billion, equal to 9.5

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Gojek Execs To Create $6M Fund For Gig Workers

PYMNTS

The fund will support [the] drivers who are the lifeblood of our business and have become a vital part of how cities will cope under reduced movement,” noted CEOs Andre Soelistyo and Kevin Aluwi. Authorities in the country are imposing mandatory lockdowns, including in the sprawling capital of Jakarta. percent of the gross domestic product.

Capital 101
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Deep Dive: How The Pandemic Is Pushing Nonprofits To Accelerate B2B Digitization

PYMNTS

Nonprofits’ unique revenue models are causing them to struggle more than most other businesses during the ongoing COVID-19 pandemic. Many businesses are therefore considering digitizing their B2B payment operations to gain more detailed insights into their payments’ statuses and help their employees settle into their remote roles.

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Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

Our lives changed forever from this whole experience of the government’s declaration of a national emergency, leading to forced shutdowns of businesses and schools, mandated mask wearing, forcing 6-foot distances between people, travel restrictions, fear mongering with case and death counts, and forced vaccines/boosters.

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Guest Post: Financial Markets & Economic Update 4Q23 by Dorothy Jaworski

Jeff For Banks

Markets sent Treasury yields higher in reaction to huge deficit spending and a Federal Reserve intent on pushing rates higher, keeping them “higher for longer” with large price risk as everyone has learned for the past three years. Businesses built inventories adding 1.30% to GDP. Too bad Treasuries are not as much of a safe haven.

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Bringing All of BigData.Gov Into the 21st Century

PYMNTS

BigData.Gov is constantly collecting massive amounts of data from businesses and consumers throughout the economy. It’s data that could be converted into information that could guide entrepreneurs, help businesses make decisions, and power applications that could aid consumers in so many parts of their lives. government, BigData.Gov.

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