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The Daily Money 5-12


Good afternoon, Daily Money readers. After a busy morning, we've cleared the decks to pull together all the stories you need to read for the rest of the day. Grab a bite of lunch and get going.

Behind the scenes, the Federal Reserve is "printing money" to keep markets running and lower borrowing costs -- as well as finance the soaring national debt during the COVID-19 crisis. Some wonder how far it can go.

Speaking of money, the IRS wants people to take action by noon Wednesday if they want a shot at receiving coronavirus stimulus cash more quickly through direct deposit rather than paper checks. 

And as we've been doing throughout the COVID-19 crisis, we'll answer your questions on stimulus money and other benefits. 

If you want more Money and Tech news, keep scrolling down.

David Brinkerhoff, Deputy Money Editor