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In some cases, the US stock market rose even higher in response to Senator Peroshi’s optimistic comments toward an economic policy agreement, but ultimately ended below the level at which the comments were broadcast. Even if the White House and the House of Representatives agree, the Senate can reject the bill and it seems that the market cannot decide whether to pass the bill before the election. Here are five news items to keep in mind as you start your day.
Within reach
President Peroshi said he had already started drafting a post-conclusion economic policy bill. While there are still areas that need to be compromised, such as supporting state and local governments and income support for working households, the Trump administration has agreed to a “suppression” strategy for the novel corona virus, and inspection and monitoring. He said the two-party agreement was “in scope” by including more than health care-related clauses in the economic measures bill.
Although it will be deliberated
RepublicanSenator McConnell said the bill has been finalized and will be deliberated in the Senate whether it passes the House of Representatives, but did not say whether he would support or encourage it. The Washington Post also reported that McConnell warned the Trump administration not to agree on large-scale economic measures before the election. The bottom line is that it may hamper the nomination of the Supreme Court candidate next week.
From Microsoft
US Department of Justice Joins 11 States in Washington Federal District Court for Alphabet Google Antitrust ViolationsI filed a lawsuit. The company claims to have abused its exclusive control. Google argues that the complaint has “significant flaws.” This is the largest lawsuit since 1998 when Microsoft was sued for violating antitrust law.
To the suburbs
September riceThe number of homes started increased 1.9% month-on-month to 1.42 million units. The number of home building permits was the highest since 2007, suggesting the strength of the homebuilding momentum. The number of single-family home construction starts is the highest level in more than 13 years. On the other hand, the number of homes started decreased by 16.3%. Due to the new Corona pandemic, it reflects the trend to seek more space and live in the suburbs.
unrealistic
Swiss pharmaceutical companyRoche Holding CEO Severin Schwan said it was “totally unrealistic” to expect the new Corona vaccine to go mainstream by the end of the year, with most people receiving the vaccine until the second half of next year. He said there wouldn’t be.
Other hot news
P & G raises full-year profit forecast, business top sales up 9% in July-September
ECB bond buying, rapid response to more greening: research report
The UK / EU cannot break out of the stalemate in telephone conversations and trade negotiations after the day before.
