Stocks closed modestly lower on Wall Street Tuesday as investors turned cautious a day after major indexes closed at their latest record highs. The S&P 500 slipped 0.2%, the benchmark index’s first decline in four days. Investors shifted money away from technology companies, which have been among of the biggest winners since the pandemic began. […]
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Senate Majority Leader Mitch McConnell blocked a vote Tuesday on increasing checks to $2,000. (Shutterstock)
The second round of stimulus check payments was possibly arriving as early as Tuesday night for some New Hampshire residents and will continue into next week, the Treasury Department and the Internal Revenue Service announced.
Paper checks will begin to be mailed on Wednesday.
Most people who make under a certain amount will receive a one-time, non-taxable payment of $600. Full payments will go to people who meet the following thresholds for adjusted gross income based on 2019 tax returns: $75,000 for single filers, $112,500 for heads of household, and $150,000 for those married filing jointly. After those thresholds, the payments decrease, and won t be available for single-filers who earned more than $99,000. Adults also get $600 for each child they claim as a dependent.
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