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New Child Tax Credit Payments Hitting Parents' Bank Accounts on July 15

New Child Tax Credit Payments Hitting Parents' Bank Accounts on July 15

FromThe Daily Dive


New Child Tax Credit Payments Hitting Parents' Bank Accounts on July 15

FromThe Daily Dive

ratings:
Length:
20 minutes
Released:
May 19, 2021
Format:
Podcast episode

Description

Enhanced child cash benefits will be hitting parents’ bank accounts starting July 15. The IRS will send families monthly payments of $250-$300 per child to families depending on their ages and incomes of parents. The Biden administration says this is an important step in stamping out child poverty and are hoping to extend this program to 2025. Jeff Stein, White House economics reporter at The Washington Post, joins us for what to know.




Next, cryptocurrency scams spiked 1,000% in the past year costing about 70,000 people more than $80 million. $2 million of that were sent to Elon Musk impersonators. Many of these scams played out in online chat groups and even on dating apps. Kate Marino, business editor at Axios, joins us for how scammers were cashing in.




Finally, how do you manage your workforce now that more people are returning to the office? Some workers are sad about leaving their remote work setup, others anxious about getting sick, and there are those that are burnt out. It’s important to give employees flexibility, help smooth out social interactions, and foster a focus on workflow. Rachel Feintzeig, work and life columnist at the WSJ, joins us for how to rally the post-pandemic workforce.

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Released:
May 19, 2021
Format:
Podcast episode

Titles in the series (100)

Start your day with The Daily Dive. News without the noise, told straight. Explore the most interesting news of the day. Connect with the writers, analysts and reporters that know the real story. Hosted by Oscar Ramirez in Los Angeles, this 20 minute podcast will be ready for you when you wake up. (Posted by 6 AM EST)