Larry Kudlow, director of the U.S. National Economic Council, said he thinks the idea of cash incentives for people going back to work could be in the cards. “It’s something we’re looking at very closely,” he said, speaking to CNBC. “We may go with something like that.” Kudlow said there...
Survey Says Millionaires Cut Spending, Postpone Big-Ticket Purchases
A majority of American millionaires say they plan to spend less this summer than in years past, according to a new Second Quarter CNBC Millionaire Survey. The poll, which questioned 750 people with assets of $1 million or more, revealed while wealthy Americans have seen little impact from the pandemic...