Fred Business News - The Treasury Department said Friday that it sent out 9.7 million economic stimulus checks this week, totaling $7.5 billion. Only two weeks remain until the majority of the stimulus payments are distributed, according to the Treasury Department.
Since April 28, the Treasury has distributed 94.85 million stimulus payments, totaling $78.3 billion, in the government's effort to revitalize the nation's slackening economy.
The government's stimulus effort is providing some relief for consumers. The Commerce Department said Friday that individual income shot up 1.9% in ... more »
