Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Monday, February 22

Where does the $1.9T COVID-19 relief bill go from here? And, when can you expect help? Here's what we know.

WASHINGTON – After an attack at the U.S. Capitol and a historic impeachment trial, Congress is back to legislating.  

Lawmakers' primary focus this week will be President Joe Biden's $1.9 trillion coronavirus relief package, which Democrats are eager to pass 

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Thursday, February 18

Critics say Robinhood more aligned with the wealthy than average investors

For one shining moment in January, it looked as if the stock trading app and retail brokerage Robinhood had lived up to its namesake – the rabble-rousing outlaw of English folklore. In the hands of a merry band of Reddit traders, Robinhood helped 

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‘I am not a cat’: Chaotic GameStop hearing provides tense exchanges, humor as lawmakers grill key players in saga

The GameStop saga took center stage Thursday when lawmakers held a congressional hearing to examine what happened during last month’s trading frenzy after the event set off a series of federal probes into possible market manipulation. 

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These are the best new cars, trucks, SUVs of 2021, according to Consumer Reports Top Picks

New-vehicle prices passed $40,000 in late 2020, but that doesn’t mean you have to pay top dollar to get a new ride. In fact, some of the best cars in the industry are affordable vehicles from mainstream automotive brands. 

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Breakingviews - Capital Calls: Temenos CAGR swagger boosts shares

CAGR FLAGGER. Max Chuard has injected some much-needed optimism into the Temenos investment story. The $10 billion banking software group’s shares surged 18% on Thursday after its chief executive issued new 2025 targets. 

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Tuesday, February 16

How Could Biden Force You Into Buying Electric Vehicles; Here’s How…

I know someone who went to an event in Lansing several years ago in which former Gov. Granholm stood in front of several hundred people and essentially let the left’s deception out of the bag on how they plan to force all of us out of our gas-powered vehicles and into electric vehicles (EV’s). 

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Gas at One U.S. Hub Is Trading at $999. Last Week It Was at $4

A polar blast in the central U.S. has pushed natural gas prices at one trading hub up 24,000% from a week ago. Supply for next-day delivery at the Oneok Gas Transportation hub in Oklahoma traded at $999 per million British thermal units for two 

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Walmart temporarily closes over 600 stores as winter storms pound parts of US

Walmart closed hundreds of stores on Monday as a result of the winter storm bringing freezing rain, snow and subfreezing temperatures across the U.S. As of 8 a.m. Tuesday, approximately 628 Walmart 

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Pandemic, stimulus checks complicate tax-filing season for millions

The tax-filing season is now underway after a delayed start, and it’s expected to bring challenges and confusion as taxpayers and the IRS navigate pandemic-related issues, including some pertaining to stimulus checks. 

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Monday, February 15

European stocks close higher on vaccine rollouts and recovery hopes; Vivendi up 20%

The pan-European Stoxx 600 closed up 1.4%, with media stocks surging 4.2% to lead the gains amid a sharp rise in shares of Vivendi. European stocks received a positive handover from Asia-Pacific. Japan’s Nikkei 225 surged past the 30,000 level 

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Sunday, February 14

'I'm literally breaking inside': As COVID-19 leaves millions jobless and struggling, the mental health toll rises

When Sandra Fowler lost her job as a hotel manager in March, she thought of the many homeless people sleeping on the streets of Tucson, Arizona, and feared she would soon be among them. "I could mentally see myself on the street,'' says Fowler 

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A historic housing crisis has America in its grip. Can Marcia Fudge save the day?

WASHINGTON _ It was around dusk when about 15 of Marcia Fudge’s sorority sisters gathered on the deck of a friend’s house in Warrensville Heights, Ohio. It had been a tough day. They had attended the funeral of U.S. Rep. 

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Editorial: America needs a $15 minimum wage

At $7.25 an hour, the federal minimum wage is appallingly low. It’s so low that a full-time worker making the federal minimum wage qualifies for food stamps, and a single parent working 40 hours a week falls below the poverty line. It’s hard to fathom 

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Generation Z workers push for $15 minimum wage as Congress, Biden debate pay for all Americans

For months, Cris Cardona, 21, has fed his family from the garden he started in his backyard. Harvests of black-eyed peas, arugula, okra, radishes and a cornucopia of other vegetables are what sustains Cardona, who aspires to one day have a career 

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A $15 minimum wage in 2025 may not be worth $15 by then. Here's how inflation could take a big bite.

There's currently a large progressive push for a $15 minimum wage. But even if it passes, it could take years to come into effect — and inflation could impact the actual take home value. A $15 wage would be more than double the current federal minimum 

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Bernie Sanders optimistic about $15 minimum wage -- but Manchin, Sinema stand in way

Sen. Bernie Sanders, I-Vt., says he’s bullish about Democrats’ chances of passing a minimum wage increase in the coronavirus stimulus bill despite at least two Democrats voicing opposition.  "We’re feeling really good. We think we’ve got a good shot," Sanders, chairman 

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Wednesday, February 10

AFL-CIO president's reaction to Keystone XL shutdown shows divide between union leadership, members: experts

AFL-CIO President Richard Trumka's muted reaction to President Biden's decision to derail the Keystone XL pipeline project shows the divide between union leadership and union members, Heritage Foundation economics research fellow Rachel Greszler told Fox News.

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DeJoy is plotting additional, imminent moves to destroy the Postal Service. He has to be stopped

The U.S. Postal Service, still reeling from Postmaster General Louis DeJoy's sabotage to help the Trump campaign; the spread of COVID-19; and the huge increase in mail because of the pandemic, was able to deliver just 71% of first class mail on time 

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