South Dakota has rejected President Trump’s offer of a $ 300 weekly boost in unemployment aid amid the coronavirus pandemic. Gov. Kristi Noem said on Friday that her state was “fortunate” not to need the federal funds, with the rebounding local economy and recent job growth. “The South Dakota economy …
Read More »Shares ignore Stimulus Rift, worried concerns on Wall Street
Congress exists without a deal, causing economists to flabbergast
A wide range of economists have expressed fears that Congress would leave the city without first working on a new coronavirus relief package that they say is critical to the country’s recovery, and to millions dependent on government help. More than 28 million Americans on some form of unemployment insurance …
Read More »What does our smart money tell us?
Stock market display screenshot on the street with stock market crash sell-off in red … [+] color getty The US stock market has been flirting with record highs this week, and this has caused a lot of nerves among investors. One of the reasons stock traders have been feeling jittery …
Read More »First Chamber leaves until September without coronavirus release
The Senate left Washington, DC, on Thursday through September – the latest sign that a deal on a fifth coronavirus relief package is at least weeks away. Leader of the First Chamber Mitch McConnellAddison (Mitch) Mitchell McConnellOn The Money: Pelosi, Mnuchin talk, but make no progress with ending stalemate | …
Read More »