Dec 29, 2020

How those $600 checks are likely to be spent

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On today's show: Americans are likely to spend their relief checks on necessities right away. Plus, public transit is getting $14 billion in aid.

Segments From this episode

How Americans are likely to spend the second round of relief checks

Dec 29, 2020
Back in March, many people didn't spend all of their relief money right away. That may be more difficult this time around.
Senate Majority Leader Mitch McConnell blocked Democrats' move for $2,000 relief checks. Above, McConnell arrives on Capitol Hill on Dec. 20.
Tasos Katopodis/Getty Images

Small businesses still struggling with COVID impacts must consider tax implications, too

Dec 29, 2020
Many received PPP loans. And that means new tax questions for 2021 filings.
A closed dining area outside a Manhattan restaurant on Nov. 13, 2020.
Spencer Platt/Getty Images

Transit agencies get $14 billion in relief, with ridership still down

Dec 29, 2020
The money will let agencies avoid doomsday scenarios of thousands of layoffs and drastic service cuts.
A woman exits a Brooklyn subway station on Nov. 18, 2020, in New York City.
Spencer Platt/Getty Images

Beef market still feeling the effects of COVID-19

Dec 29, 2020
Disruptions weren't as bad as they might have been. But some consumer practices have changed because of the pandemic.
Nicholas Kamm/AFP via Getty Images

Stitching opportunity into crisis can erase pain that needs to be felt

Dec 29, 2020
Opportunity and crisis often go hand in hand. Don't "erase the very human pain that's at the core," psychotherapist Megan Devine says.
Nurses and health care workers mourn their colleagues who died of COVID-19 during a demonstration outside Mount Sinai Hospital in Manhattan in April.
Johannes Eisele/AFP via Getty Images

Music from the episode

Scenic Drive Poolside
Lau's Lament Eric Lau
Dim Moss Of Aura
F2020 Avenue Beat
I'm a Rock Jitwam

The team

Nancy Farghalli Executive Producer
Bridget Bodnar Producer
Daisy Palacios Producer
Sean McHenry Associate Producer
Maria Hollenhorst Associate Producer