Financing September 2020

Stock Market, Household Wealth And Economy

While the stock market has recovered from a plunge in March, and household wealth is up (mainly for affluent households), the economy has only recovered only about half its lost jobs.

Financing September 2020

Burst Of Deals Propel Wall Street Stocks Higher

The S&P 500 was up 1.6% in large part because of several big corporation deals that bolstered technology, health care and communication stocks.

Financing September 2020

McConnell: Senate To Vote On Virus Aid

Will there be another virus aid package? That question remains up in the air even as Senate Majority Leader Mitch McConnell says the Senate will be voting on “targeted” virus aid.

Financing September 2020

$300 Jobless Benefit Not Likely For Some

Despite the Trump administration rolling out a new $300/week unemployment benefit, more than 1 million people currently unemployed will not receive that check.

Financing August 2020

More Than 1M Americans File For Unemployment

More than 1 million Americans have again applied for jobless aid. More than 14.5 million are collecting unemployment aid, which is much higher than last year’s number of 1.7 million.

Financing August 2020

US Jobless Claims Climb Back Over 1M

As Americans wonder when and if there will be another virus relief package, the number of people applying for jobless benefits has risen back over 1 million.

Financing August 2020

Relief Package Negotiations All But Ended?

Democrats want emergency funding for the USPS and election security. President Donald Trump is opposed to additional funds for USPS. And the coronavirus relief package is in limbo.

Financing August 2020

Latest On Virus Talks

Do the Democrats have leverage in the latest virus talks? Are the Republicans considering government bailouts? And what about President Donald Trump’s executive orders?

Financing August 2020

Virus Aid Talks On Brink Of Collapse

COVID-19 virus aid talks are on the brink of collapsing, leaving such measures as rescue money for schools, state and local governments, and individuals in question.

Financing August 2020

1.2M Seek Jobless Aid; $600 Federal Check Ends

Although jobless claims declined compared to the previous week, claims are still alarmingly high, surging past numbers from the Great Recession.

Financing August 2020

Will The IRS Reissue A Stimulus Check?

Will the IRS reissue a stimulus check? With the $600-per-week pandemic jobless benefit ending, Democrats and Republicans are digging in on the details of the next relief bill.

Financing July 2020

Is There A 2nd Stimulus Check?

Is there a 2nd stimulus check? Democrats want to bring back the $600 unemployment bonus. Republicans argue it will encourage people to remain on unemployment and want to reduce it.