(Reuters) – U.S. President Donald Trump’s weekend effort to hold stagnant congressional talks on the next coronavirus bailout package will not do much to boost the economy, experts said. US President Donald Trump speaks at a pandemic briefing on coronavirus (COVID-19) disease at the White House in Washington, USA, August …
Read More »Trump says he intends to host G7 summit after the November 3 election
US President Donald Trump speaks at a pandemic briefing on coronavirus (COVID-19) disease at the White House in Washington, USA, August 10, 2020. REUTERS / Kevin Lamarque WASHINGTON (Reuters) – US President Donald Trump said on Monday that he was interested in a “calmer atmosphere” to host a Group of …
Read More »What’s up with Kodak Stock? Shares explode more than 40% after government loan is held on violations of wrongdoing
TOPLINE Shares of Eastman Kodak, which initially swore at an announcement that the government would provide a $ 765 million loan to help shift its efforts in the drug industry, thanked on Monday afternoon for news that the deal would are held as regulators look to accusations of wrongdoing. Kodak’s …
Read More »Trump orders could not replace stimulus controls, unemployment benefits, and state and local funding
The economy has a large output gap, and executive orders cannot generate enough funding to address it. Only significant expenditures of Congress can provide the required level of funds. US President Donald Trump signs executive orders to extend coronavirus economic relief, during a … [+] news conference in Bedminster, New …
Read More »President Trump extends unemployment benefits, defends payroll taxes
Trump remained largely on the sidelines during the administration’s negotiations with congressional leaders, leaving the talks to his side to Chief of Staff Mark Meadows and Treasury Secretary Steve Mnuchin. Trump’s embrace of executive actions to restrict Congress runs in stark contrast to his criticism of former President Barack Obama’s …
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