Goldman Sachs: A Democratic sweep would mean faster economic recovery
In fact, “all else equal, such a blue wave would likely prompt us to upgrade our forecasts,” Goldman Sachs chief economist Jan Hatzius wrote in a Monday report.
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economy
A triple whammy of crises tests Trump’s support ahead of November’s election
WASHINGTON (Reuters) – Battered by crisis after crisis, President Donald Trump appears to be in political peril as never before.Since
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Trump may restrict immigration visas for highly skilled workers
President Donald Trump has said he wants to halt immigration while Americans face staggeringly high unemployment levels as a result of the coronavirus pandemic — including temporary visas for skilled foreign workers and for foreign students who went to college in the US.
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PPP: Stimulus money hasn’t saved these small businesses
At first, owner Dianna Finisecy, who goes by Dee Dee, felt she should stay open, but reduce hours to limit
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Trump Shrugs Off Historic Unemployment Numbers
“Those jobs will all be back and they’ll be back very soon,” Trump insisted, again ignoring warnings from economists that a recovery is nowhere close. “People are ready to go, we’ve got to get it open.
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U.S. Social Security recipients will automatically receive coronavirus payments: Treasury
“Social Security recipients who are not typically required to file a tax return need to take no action, and will receive their payment directly to their bank account,” Treasury Secretary Steven Mnuchin said in a statement.
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US households now hold a record $14 trillion in debt
US households now hold more than $14 trillion of debt, a new
record, the New York Federal Reserve said this week.