Name: Trump's stimulus bill bombshell puts new pressure on an ailing economy. Here's the latest
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Trump's stimulus bill bombshell puts new pressure on an ailing economy. Here's the latest

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Our expert, award-winning staff selects the products we cover and rigorously researches and tests our top picks. If you buy through our links, we may get a commission.FollowThe president tweeted that stimulus negotiations were over, then a few hours later insisted Congress pass several measures that had been on the table, amid outcry from economists and big business.Dale SmithAssociate WriterAs an Associate Writer on the How-To team at CNET, Dale believes tech is meant for the masses. It's his goal to make even the most complex gadgets and apps accessible to everyone. He has an MFA in writing and always answers the phone when family calls with tech questions.5 min readPresident Donald Trump's on a&nbsp;&nbsp;presented a wrinkle in the story of the US economic recovery from the deep financial fissures of the . His tweet a few hours later urged Congress to pass several of the stimulus measures that had been part of those very discussions. Neither political analysts nor many of the millions of Americans who've suffered financial calamity due to the pandemic seem to know what to make of the . The relief package under negotiation was expected to include a&nbsp;&nbsp;and renewed&nbsp;. Federal Reserve Chairman without significant government support. Without that direct assistance, many of those hit hardest by the recession may not get any kind of financial relief until at least 2021. How that might affect the US's already precarious recovery remains to be seen. Until now, economic bounce-back has been a mixed bag, with stark divisions along socioeconomic lines. Case in point: Although the and are both at near-record highs, the US may soon face a with potentially catastrophic repercussions for the nation's record-setting 22.3 million adults who don't have a reliable source of food. More than 12% of these households include children, .&nbsp; Economists indicate that lockdown measures have produced a&nbsp; in which well-educated, white-collar professionals and the industries that cater to them have rebounded faster than people whose income is tied to public life, like restaurant and hotel employees, who remain . What does the road to economic recovery look like from here? We've put together the latest news about the coronavirus recession, where to find help, what makes a recession and the government's response. This story is intended as an overview, not financial advice. It updates as the situation develops.Next stimulus checks: What to expectIf you've experienced financial hardship as a result of the coronavirus recession, here are some tools to help you regain your financial balance.&nbsp; From an economist's point of view, a recession ends when certain market requirements are met, which some estimate . From a personal point of view, you might wonder most about your ability to work, pay your bills and secure your financial future.&nbsp; Economists and health experts agree the economy won't fully recover -- without when lockdown measures are eased. That'll happen either through , an effective treatment for&nbsp;, a &nbsp;or some combination of all three. Several vaccine candidates have shown promise in human trials. Even so, most people won't receive one .&nbsp; The&nbsp;&nbsp;passed as part of the CARES Act in March represents the US government's first attempt at thwarting a recession. The economic relief law included&nbsp; for most US taxpayers, as well as to keep paying their employees.&nbsp; So far, efforts to pass have stalled, with most analysts' hope for a deal dwindling by the day. The Federal Reserve, however, has indicated it will continue to&nbsp;&nbsp;until 2023, which often has the effect of encouraging more borrowing, which leads to more spending -- and more spending&nbsp;.It's easy to feel helpless, but if you're feeling financially secure or have time to give, there are ways to make a difference. My CNET colleague Katie Conner has some excellent recommendations for&nbsp;, including no-cost contributions like online volunteering or donating blood, as well as ordering take-out or delivery and buying restaurant gift cards.&nbsp; Other local businesses like bookstores, gardening centers, toy shops and boutiques may have a website where you can support them with a curbside order. The best advice I've heard so far about how you can individually help prop up the economy is this:&nbsp;.Get the CNET Now newsletterSpice up your small talk with the latest tech news, products and reviews. Delivered on weekdays.

Our expert, award-winning staff selects the products we cover and rigorously researches and tests our top picks. If you buy through our links, we may get a commission.FollowThe president tweeted that stimulus negotiations were over, then a few hours later insisted Congress pass several measures that had been on the table, amid outcry from economists and big business.Dale SmithAssociate WriterAs an Associate Writer on the How-To team at CNET, Dale believes tech is meant for the masses. It's his goal to make even the most complex gadgets and apps accessible to everyone. He has an MFA in...

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Dale Smith

CNET, formerly Computer Network, is an American media website that publishes reviews, news, articles, blogs, podcasts, and videos on technology and consumer electronics globally. Founded in 1994 by Halsey Minor and Shelby Bonnie, it was the flagship brand of CNET Networks and became a brand of CBS Interactive through CNET Networks' acquisition in 2008.

Trump's stimulus bill bombshell puts new pressure on an ailing economy. Here's the latest

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