U.S. ECONOMY: ANOTHER STIMULUS LIKELY BEFORE THE PRESIDENTIAL ELECTION

Highlights

• Michael Cuggino said that if they can strike something that’s reasonable on both sides, then the country does have a good chance to get something done before the election, or right after, which would benefit both parties and the general economy

• T...

U.S. STOCKS SLUMP AGAIN, S&P 500 HEAD TOWARDS FOURTH WEEK OF LOSSES

Highlights

• The Dow Jones Industrial Average index slumped 0.2 percent on Friday morning, while the broader S&P 500 index also fell 0.2 percent continuing to post losses for fourth consecutive week

• According to the statement issued by the Commerce Department o...

HOUSE DEMOCRATS TO COME UP WITH NEW $2.4 TRILLION COVID-19 STIMULUS PLAN

Highlights

• Reports state that this new stimulus plan would be inclusive of direct payments to Americans, enhanced unemployment insurance, Paycheck Protection Program (PPP) small-business loan funding and aid to airlines

• In attempt to take ahead the talks with the...

Vulnerable Democrats are calling for redress

Vulnerable House Democrats are falling in line to vote for impeachment articles against President Trump amid expressing nervousness about what will be their most important vote this year in recent days.

Two new Democrats joined the House Judiciary Committee colleagues in endorsing the t...