#PresidentTrump #Fed #money The Fed’s policy is already set on a loose and supportive course, and is unlikely to change much for the next few years. The policymakers have offered different views on how long it will take the US economy to recover from the crisis brought on by The China Virus. Boston Fed President […]
The White House is weighing a new bonus payment plan for people who go back to work, potentially leading to 20% growth in 2-H of this year, according to President Trump’s economic adviser Larry Kudlow. “The $600, I think that was a mistake – I think that was something of a disincentive,” Mr. Kudlow said […]
Monday, California borrowed money from the federal government to make payments on unemployment benefits, the 1st state to go ‘On the Dole’. Illinois and Connecticut may soon follow suit as both received approval for federal loans of up to $12.6-B and $1.1-B, respectively. California borrowed $348-B after receiving approval to draw up to $10-B until […]
Demonstrations to demand an end to stay-at-home measures that have hammered the US economy spread to Texas and California Saturday as the Governor at the epicentre of the US coronavirus crisis said his state of New York may be past the peak. In New Jersey, both the number of new hospitalizations and new coronavirus cases […]
Wednesday, President Trump that data indicates the US is “past the peak” of the COVID-19 coronavirus epidemic. He said the numbers have “put us in a very strong position to finalize guidelines for states on reopening the country.” “Based on the latest data, our team of experts believes we can begin the next front in […]
JOLTS: Job Openings Outnumber Unemployed Americans by Over 1-M September JOLTS, or Job Openings (actual 7.009-M; prior 7.293-M) With Employers Eager to Fill Jobs, Hiring Could Stay Strong Wages, Salaries Rise by Most in Decade as US Adds 227,000 Jobs Tuesday, is a Key date on many an investor’s calendar, as the JOLTS results was […]