U.S. Federal Reserve Chairman Jerome Powell’s scheduled visit to the U.S. on Tuesday outlined data on the economic outlook and trade deficit. There was a slight change in stock futures. Futures linked to the S&P 500 became a wave between small gains and losses. Nasdaq-100 contracts fell 0.2%. Both indices …
Read More »Stimulus hopes European stocks, Dow futures will rise
U.S. President Trump waved from behind a car in a car outside Walter Reed Medical Center in Bethesda, Maryland, on May 4, 2020. Alex Edelman / Agence France-Presse / Getty Images U.S. European stocks rallied on Monday in anticipation of the last economic stimulus in the economy ahead of the …
Read More »Stock market leaders appear to be the most sensitive to Biden’s tax plan
Major U.S. Technologi shares are sensitive to the rise in corporate-tax, which could lead to a Democratic sweep in November, potentially reducing one of the strongest drivers of market recovery this year. Bofa Global Research estimates that the tax proposals will reduce the expected revenue of companies in the S&P …
Read More »Why would Biden start raising taxes at 400,000 a year
The Democratic presidential candidate promises that families with an income less than the adjusted total income will not pay more nickel in direct taxes. High-income families will pay more in some cases, more. The dividing line is no accident: it was deliberately determined beyond any definition of the middle class. …
Read More »The US economy was laden with debt before Kovid. That’s bad news for retrieval.
The coronavirus ended the longest economic expansion in U.S. history. That was not the only problem. When the U.S. The next deepest downturn was when he was overwhelmed with debt. Why does this matter? Economies that carry a lot of debt usually have a weak recovery. Businesses and consumers focus …
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