There is little good news out there.... Stocks sank on Wednesday as Wall Street kicked off the second quarter on a sour note thanks to persistent concerns over the spread of the novel coronavirus. The Dow Jones Industrial Average traded more than 800 points lower, or 4%. … [Read more...] about Dow drops 800 points first day of April 2020….
economy
Trump admin about to water down Obama era vehicle millage standards…
Thus continuing Donald Trump's efforts to erase anything with Barack Obama's name on it....And doing this while the nation's attention is on the virus crisis... California and other states are trying to oppose this as are car makers.... Less miles per gallon of gas is … [Read more...] about Trump admin about to water down Obama era vehicle millage standards…
Phase 4 Virus/Economic Stimulus bill in the works….
House Speaker Pelosi is at work on infrastructure based legislation... And Trump is in support of the effort even as some of his Republican US Senator's are hesitant .... Both seem to be looking for a post virus economy boost.... House Democrats are moving … [Read more...] about Phase 4 Virus/Economic Stimulus bill in the works….
Surprise!…Stock Market closes with a 700 point gain after Trump extends CDC guidelines….
One could have thought investors would be worried about increased jobless numbers... But I guess with the money tap open for business with the Phase III stimulus law and Congress already talking about M ORE taxpayer money getting thrown at businesses, banks and financial … [Read more...] about Surprise!…Stock Market closes with a 700 point gain after Trump extends CDC guidelines….
Trump leads doubts about ‘experts’ predictions on the virus and its duration…
The scientists, who operate mostly in their own world's of expertise have come under criticism and suspicion from the American President and others as American's long for a return to normally from something they can't see or touch that could hurt them with no cure.... The … [Read more...] about Trump leads doubts about ‘experts’ predictions on the virus and its duration…
US House passes Phase III virus stimulus bill….
The $2.2 trillion stimulus/bailout KEEPING AMERICAN WORKERS PAID AND EMPLOYED ACT should be signed by Trump within a few hours .... The bill is the largest relief measure in American history.... A Phase 4 bill will be probably coming also.... Congress is attempting to … [Read more...] about US House passes Phase III virus stimulus bill….
Trump tells governor’s to label high risk areas so low risk area’s can go back to normal….
It appears that Trump is trying to recover form the generally negative response he has gotten on a blanket relaxing of the C.D.C. push for social distancing and testing along with no non-essential businesss... In the letter, released following the president's … [Read more...] about Trump tells governor’s to label high risk areas so low risk area’s can go back to normal….
IRS will send people their stimulus checks electronically, paper checks and wants to send debit cards also….
Those who make up to $75,000 will reportedly get $1,200.... Those who make up to $99,000 a bit less.... The money will start flowing in a few weeks if Trump signs the bill this Friday.... The IRS wants to issue as many stimulus payments electronically as it … [Read more...] about IRS will send people their stimulus checks electronically, paper checks and wants to send debit cards also….