Posted in China coronavirus Donald Trump Economy health Politics Tariffs

Trump Calls Tariff Suspension ‘More Fake News’

“Everybody keeps saying, ‘Are you going to suspend the tariffs?’ Well, the answer is no,” Trump said.

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Posted in coronavirus Economy health Stocks

The Bull is Back: Dow Surges More Than 1300 Points as Stocks Rise for Third Day

Best three day run for the Dow since 1931.

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Posted in Bonds Economy Federal Reserve Treasuries

Three-Month U.S. Treasury Yields Turn Negative

Demand for short-term Treasuries pushed yields on one and three-month bills negative Wednesday morning.

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Posted in coronavirus Economy health Larry Kudlow Politics

Kudlow Says Economic Rescue Will Amount to $6 Trillion

Congressional spending will amount to $2 trillion and Fed spending will add another $4 trillion.

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Posted in coronavirus Economy health Politics Stocks

Dow Soars More Than 2000 Points, Best Day Since 1933

Stocks rose sharply on Tuesday on hopes that Democats and Republicans would be able to agree on an economic rescue package.

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Posted in coronavirus Economy health Politics rescue Senate

Stocks Sink as Democrats Block Economic Rescue Bill

Hopes for quick progress on an economic rescue package in the U.S. Senate were crushed by Democrats Monday.

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Posted in Banking Economy health Nancy Pelosi Politics racial quotas

Pelosi Coronavirus Bill Orders Federal Agencies To Maximize Use of Minority Banks

Faced with an acute economic emergency, Dems are reaching to establish racial quotas for banking by Federal agencies.

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Posted in coronavirus Economy Federal Reserve health James Bullard unemployment

Bullard Says Unemployment Could Rise to 30%

A Fed official warns that the U.S. could see unemployment rise to levels not seen since the Great Depression.

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Posted in Chinese coronavirus coronavirus Economy health Nancy Pelosi Politics Wuhan virus

U.S. Futures Dive as Democrats Accuse GOP of Rushing Rescue Bill

The Democrats on Sunday accused Republicans of “rushing” an aid package even as the economy has contracted and financial markets crashed.

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Posted in coronavirus Donald Trump Economy General Motors GM Hanes health Politics

Trump Praises American Private Sector For Stepping Up to Fight Coronavirus

American businesses are actively stepping to help combat the coronavirus by changing their factories over to making goods and equipment needed by health care workers.

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Posted in Buybacks coronavirus Donald Trump Economy health Politics rescue funds

Trump Says Economic Rescue Package Should Ban Buybacks

“I want money to be used for workers and for opening businesses, keeping businesses open. Not buybacks,” Trump said.

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Posted in coronavirus Economy health Mitch McConnell Politics Senate

McConnell Introduces Rescue Package With $2400 Checks for Families, $500 For Kids

The rescue package has been introduced by Senate Majority Leader Mitch McConnell.

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Posted in Economy health Politics

Stocks Hammered, Dow Drops To Lowest Since February 2017

Nearly all of the Trump stock market boom has now fallen victim to the coronavirus pandemic. The Dow Jones Industrial Average dropped 1,338.46 points, around…

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Posted in coronavirus Economy health Politics Treasury Department

White House Coronavirus ‘Stage 3’ Rescue Includes $500 Billion in Income Security Payments to Individuals

The Trump administration’s plan for ‘stage 3’ of economic rescue measures includes two rounds of payments to Americans, each in an aggregate amount of $250…

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Posted in coronavirus Economy health Politics Stocks

Stocks Jump Higher on Trump Administration Stimulus Plans, Dow Up Nearly 1050 Points

The market gained confidence that the government would support the economy after the Trump administration embraced income support for American workers.

Continue Reading Stocks Jump Higher on Trump Administration Stimulus Plans, Dow Up Nearly 1050 Points