American's will be receiving checks as a result of the recent stimulus package but how will the economy be impacted? Americans will be receiving checks up to $1,200 to help deal with the effects of the Coronavirus pandemic. Dean of the Dicke College of Business at Ohio Northern University said this money should be used as more of a "lifeline." Past stimulus packages were used to put money right back into businesses hands. The dean said this money should be used to hold people over with bills and payments. With the possibility of online shopping he said he hopes people realize the value of spending in their communities first.

The longer the strike the more costly it can get. Dr. John Navin of Ohio Northern University says the shorter the better when speaking about the United Auto Workers strike on General Motors. Negotiations stalled over the weekend as union leaders are fighting for more pay, health care, and job security. Navin said as long as it's settled soon there won't be a whole lot of impact. But if this strike lasts for weeks, then suppliers become affected and trickle-down effects start to occur.

Trade talks with China have hit another snag that ended up affecting the stock market. President Trump threatened to raise import taxes on $200 billion worth of Chinese goods if the two sides can't settle on a trade agreement. The president said he'd raise tariffs to 25 percent from 10 percent. Sen. Rob Portman believes the two sides are close to a deal even with the latest threat. Portman said China is willing to make concessions to things they've never given up before. He said included in that is addressing the trade imbalance and China not stealing intellectual property.