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, the debate about a second stimulus package and the questioning of Big Tech CEOs at Congress. Take a look at our news selection!

  1. The CEOs of Big Tech were questioned by Congressional lawmakers regarding allegations of monopolistic practices. Facebook's Mark Zuckerberg, Amazon's Jeff Bezos, Google's Sundar Pichai and Apple's Tim Cook participated at a hearing before the House Judiciary subcommittee on antitrust. Learn more about the hearing here.
  2. Democrats and Republicans are finally debating a new relief bill and they are on crunch time to get help to American homes as new cases of COVID-19 surge nationwide and most benefits of the CREAS Act have ended or are ending soon. Read on about the debate here.
  3. Back in March, there was left a loose end in the coronavirus relief law that could cost small businesses $120 billion in taxes. Now, lawmakers are trying to fix this issue in the Paycheck Protection Program. Learn more about this here.
  4. The Commerce Department will unveil its GDP report and it's expected to show the sharpest contraction in modern American history. Between April and June, the coronavirus pandemic has had a heavy impact on the US economy. Read on about the report here.
  5. Earlier this week, Senate Republicans presented a new Coronavirus relief proposal that plans to reduce the enhanced unemployment benefit set by the CARES Act to a $200-a-week subsidy through September. There are some groups that could suffer this unemployment benefit plan the most. Here you will find the details.

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