The executive mandate of Trump unemployment insurance costs states billions
Whether President Donald Trump has the constitutional authority to extend federal unemployment benefits through executive order remains unclear. Right up in the air is whether states that are necessary partners in Mr. Trump’s plan to bypass Congress will sign up. Mr. Trump on Saturday announced an executive order that extends …
Read More »Trump’s mandate for NY to pay unemployment ‘impossible’
Gov. Andrew Cuomo on Sunday opposed President Trump’s new executive orders for coronavirus delivery, saying it was “laughable” to wait for New York with more money for unemployment. Trump on Saturday announced a $ 400 weekly improvement in unemployment benefits, reduced from $ 600, of which states should cover 25 …
Read More »Stock market today: Dow, S&P Live updates for August 10, 2020
US equity futures edged higher with European equities as President Donald Trump’s executive actions to boost economic aid boosted investor enthusiasm. Risk takers are climbing even after China said it would sanction US officials against revenge against Hong Kong. Bank shares rally in Europe and oil advanced after Saudi Aramco …
Read More »European equities stand after Trump unilaterally expands unemployment benefits
US President Donald Trump signs executive orders to boost economic relief from coronavirus, during a news conference in Bedminster, New Jersey, on August 8, 2020. jim watson / Agence France-Presse / Getty Images European stocks rose on Monday, fueled by a move by US President Donald Trump to extend unilateral …
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