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.Read more
WASHINGTON (Reuters) – Battered by crisis after crisis, President Donald Trump appears to be in political peril as never before.SinceRead more
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.Read more
At first, owner Dianna Finisecy, who goes by Dee Dee, felt she should stay open, but reduce hours to limitRead more
“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.Read more
“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.Read more
US households now hold more than $14 trillion of debt, a new
record, the New York Federal Reserve said this week.