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White households get stimulus checks faster than Blacks

Bloomberg With Congress about to debate whether to send another round of relief payments to individuals, a study has found that the last batch of stimulus checks arrived at wealthier, White households more quickly than to those of Blacks and Hispanics. Nearly seven in 10 adults said that they received their coronavirus economic stimulus payments, approved by Congress in March, ...

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Russian former journalist to stay in detention: Court

Bloomberg A Russian court ordered the continued pre-trial detention of a prominent former journalist accused of treason, while striking out one element of the charges against him. The Moscow City Court rejected Ivan Safronov’s bid to be released from custody, leaving him in jail for at least two months. Safronov, who regularly broke news on sensitive arms deals while working ...

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UK increases borrowing by $138bn to fund recovery

Bloomberg Britain ramped up its record bond-issuance plan to help the government finance a recovery from one of the worst economic downturns in the nation’s history. An additional 110 billion pounds ($138 billion) of bonds will be sold between September and November, according to the Debt Management Office, bringing total sale plans from the start of the fiscal year to ...

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