Coffee & morning news: What you need to know during breakfast

Let's start the day with some news! Get your coffee ready and take a look at the Top 5 news of the day!

Good morning! It's time to check out the main news you need to know before starting your day! Read the Top 5 news of the day.

The things you should know before you finish your coffee are related to the crisis triggered by the Coronavirus pandemic and the debate about a second stimulus package. Take a look at our news selection!

  1. The Federal Reserve announced that it will extend by three months its emergency lending programs to support the economy in the midst of the Coronavirus pandemic. Read on about the extension of its programs.  
  2. As Congress keeps debating a new relief package, Republicans presented a new proposal, the HEALS Act, that would grant a second $1,200 stimulus check. Check out here if you would qualify.
  3. The aid package proposed by the Republicans to weather the Coronavirus crisis is expected to reduce the weekly unemployment benefit to $200 and it could lead to delayed payments in many states, as the system will need to be reprogrammed once again. Here you will find the consequences of a slash in the enhanced unemployment benefits.
  4. The S&P CoreLogic Case-Shiller National Home Price Index unveiled that the average home prices in major metropolitan areas increased 5% year-on-year in May, down from a 4.6% annual rate the prior month. You can check here the fluctuation of home prices during the Coronavirus pandemic. 
  5. JPMorgan Chases will partner with the start-up Marqeta to launch digital-only credit cards. This means it will ditch plastic credit cards and work in mobile wallets, just like Apple Pay or Samsung Pay. Learn more about digital credit cards and their requirements.

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