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Futures Slide On Doubt Biden Can Pass $1.9 Trillion Stimulus; Reflation Trade Fizzles

Futures Slide On Doubt Biden Can Pass $1.9 Trillion Stimulus; Reflation Trade Fizzles US equi.....»»

Category: dealsSource: nytJan 15th, 2021

Dow closes at record high, tech falters as traders mull the impact of Biden"s stimulus

The reflation trade continued on Friday as rising interest rates spurred investors to sell technology stocks.....»»

Category: smallbizSource: nytMar 12th, 2021

Global stocks rise after the House passes Biden"s $1.9 trillion stimulus package and fears of inflation subside

A chief investment officer called the relief package "one of the most far-reaching federal relief efforts to ever pass Congress." Tom Brenner/Reu.....»»

Category: personnelSource: nytMar 11th, 2021

House Democrats pass Biden"s $1.9 trillion stimulus plan, sending it to the Senate as minimum wage fight looms

The legislation includes a new round of stimulus checks and unemployment aid. Senate Democrats may clash on a minimum wage increase. House Speaker Nancy Pelosi is seen during a press conference on January 21, 2021. Justin Sulli.....»»

Category: dealsSource: nytFeb 27th, 2021

Coronavirus stimulus checks: Top business leaders support Biden’s $1.9T bill

Congress is still mulling over whether or not to pass another coronavirus relief package. Though Republicans are against Joe Biden’s $1.9 trillion relief package, voices are growing in support.....»»

Category: blogSource: valuewalkFeb 25th, 2021

Senate Democrats pledge to pass the Biden $1.9 trillion stimulus package by mid-March

If Con.....»»

Category: smallbizSource: nytFeb 19th, 2021

NewsWatch: Stock market stoked by stimulus hopes — here’s what investors are counting on

Investors expect Congress to pass another round of relief spending that will come in below but near President Joe Biden's proposed $1.9 trillion package, according to a Deutsche Bank survey......»»

Category: topSource: marketwatchFeb 12th, 2021

The Tell: Stock market stoked by stimulus hopes — here’s what investors are counting on

Investors expect Congress to pass another round of relief spending that will come in below but near President Joe Biden's proposed $1.9 trillion package, according to a Deutsche Bank survey......»»

Category: topSource: marketwatchFeb 12th, 2021

Stimulus check updates: Biden makes case for moving fast to pass COVID-19 relief plan, but $15 minimum wage hike in doubt

President Joe Biden laid out the.....»»

Category: topSource: chicagotribuneFeb 5th, 2021

Stimulus check updates: Biden makes case for moving fast to pass $1.9 trillion COVID relief plan: ‘Middle-class folks need help’

President Joe Biden laid out the.....»»

Category: topSource: chicagotribuneFeb 5th, 2021

Stimulus check updates: Biden makes case for moving fast, with or without Republicans, to pass $1.9 trillion COVID relief plan

President Joe Biden laid out the.....»»

Category: topSource: chicagotribuneFeb 5th, 2021

The Senate voted to progress Biden"s $1.9 trillion COVID-19 stimulus in an all-night session where VP Harris was the tiebreaker

The budget resolution approved Friday morning means President Joe Biden can pass his stimulus bill with no Republican support if negotiations fail. Vice President Kamala Harris a.....»»

Category: topSource: businessinsiderFeb 5th, 2021

US futures edge higher after stellar start to February, while dollar climbs to 2-month high as economic outlook brightens

US stock markets have cooled slightly since a booming start to February, but upbeat economic data is helping the dollar and bond yields. Joe Biden's $1.9 trillion stimulus plan and better-than-expected .....»»

Category: topSource: businessinsiderFeb 4th, 2021

House Democrats voted to circumvent Republicans and pass Biden"s $1.9 trillion stimulus package on their own

Biden met with Democrats earlier in the day and they doubled down on their intent to move swiftly on a package that includes direct payments. House Speaker Nancy Pelosi sanitiz.....»»

Category: smallbizSource: nytFeb 3rd, 2021

Democrats are kicking off efforts to ditch Republicans on stimulus as Biden administration defends its $1.9 trillion relief package

Democrats started the reconciliation process which would allow them to pass the Biden rescue package without any GOP votes. Speaker of the House Nancy Pelosi (D-CA) and Senate Minority Le.....»»

Category: topSource: businessinsiderFeb 1st, 2021

Democrats are kicking off efforts to ditch Republicans on stimulus as the White House defends its $1.9 trillion relief package

Democrats started the reconciliation process which would allow them to pass the Biden rescue package without any GOP votes. Speaker of the Hous.....»»

Category: topSource: businessinsiderFeb 1st, 2021

The Biden administration rules out splitting its $1.9 trillion stimulus package into smaller bills, increasing odds that Democrats will pass it without GOP support

"We're not looking to split the package," White House press secretary Jen Psaki said. Democrats in Congress are gearing u.....»»

Category: personnelSource: nytJan 28th, 2021

Bernie Sanders says Democrats will use reconciliation to pass Biden"s $2 trillion stimulus package. Here is how that would work.

Sen. Bernie Sanders says budget reconciliation is a viable method to pass President Joe Biden's stimulus package through a partisan Congress. Sen. Bernie Sanders, I-Vt., talks during an interview with MSNBC in the.....»»

Category: dealsSource: nytJan 25th, 2021

Legendary investor Jeremy Grantham says Biden"s $1.9 trillion stimulus plan will make the stock market bubble even worse

Jeremy Grantham told Bloomberg he has "no doubt" a portion of the stimulus will end up in stocks.....»»

Category: personnelSource: nytJan 23rd, 2021

A Peek Into The Markets: US Stock Futures Mixed; Congress Clears Stimulus Bill

Pre-open movers U.S. stock futures traded mixed in early pre-market trade after the US Senate passed a $2.3 trillion Covid-19 relief legislation, which also included the $900 billion Covid-19 relief package. Investor.....»»

Category: earningsSource: benzingaDec 22nd, 2020

The Main Street faces of the fierce rebound in stocks

Back on March 23, it seemed like stocks would never stop falling. Congress was struggling to pass stimulus, coronavirus cases were climbing, futures were pinned to their bottommost tick and $10 trillion in value had vanished......»»

Category: topSource: moneycentralApr 29th, 2020