The number of people applying for unemployment benefits has risen 10%.... We are entering the second winter of the virus economy..... The current President isn't doing a damn thing about this... The incoming one has two months before he can actually take … [Read more...] about Jobless claims climb for the second week in row….
The economy
Forget Warren for Treasury….
There are gonna be a lot of trial ballots floated for cabinet portions.... Elizabeth Warren is not going anywhere but the US Senate... I'd doubt Bernie Sanders will make it to head the Labor Dept., but he has a better shot than Warren... Among the names mentioned for … [Read more...] about Forget Warren for Treasury….
Business and Tech companies welcome Biden/Harris incoming…..
While business companies were happy with Donald Trump's time in office.... They can read.... Joe Biden and Kamala Harris ARE going to be running the American government in a little more than 2 months.... They are happy for the less chaos and while the tax advantage they … [Read more...] about Business and Tech companies welcome Biden/Harris incoming…..
Can Joe Biden work with McConnell?
Democratic House Speaker Pelosi hasn't talked to President Donald Trump since the State of the Union speech in February.... Incoming President Biden worked IN the US Senate for 36 years.... Biden has worked with Senate majority Leader McConnell and South Carolina Senator … [Read more...] about Can Joe Biden work with McConnell?
Stock Market climbs on the prospect of a Biden Presidency ….
You'd think the opposite.... But the possibility of less chaos probably beats the money people have made on Donald Trump's time in office.... Biden has the lead... Trump is talking about lawyers.... Stock indexes pointed Thursday to a third straight day of gains for … [Read more...] about Stock Market climbs on the prospect of a Biden Presidency ….
The Stock Market is keeps heading downward….
The Trump high's are evaporating this week.... Virus numbers and the prospect of Joe Biden heading to the White House has investors cooling their heels.... The Trump glow is over.... Stocks fell on Friday, dropping for the fourth time in the past five days in a retreat … [Read more...] about The Stock Market is keeps heading downward….
Senate Republicans turn their back on Trump’s plea for a Virus deal….
Democratic House Speaker Pelosi is holding out for more stimulus/virus money..... (Fed Chair Powell and a LOT of states and business are also looking for more money from the Treasury also) President Trump up to few days ago would NOT budge on a lower amount of … [Read more...] about Senate Republicans turn their back on Trump’s plea for a Virus deal….
898,000 seek jobless aid last week….
Rich people in the top economy maybe making money on Donald Trump.... The bottom economy is sufferings and NOT getting better.... The number of Americans seeking unemployment benefits rose last week to 898,000, a historically high number and evidence that layoffs remain a … [Read more...] about 898,000 seek jobless aid last week….