Tag Archives: Biden

When the coming $1.9 trillion relief package becomes law, Americans will be eagerly awaiting their $1,400 checks. But White House officials have made it clear this week they are just as focused on another provision in the massive bill which – they hope – may prove to be a more durable expansion of the government’s social safety net. The child tax credit is set to more than double, with families starting to get checks in July. It is “a way of getting at that basic benefit for every… Source link

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Never say that one person makes no difference. This past Thursday, stocks tumbled, bonds surged, and investors started taking inflationary risks seriously – all because one guy said what he thinks. Jerome Powell, chair of the Federal Reserve, held a press conference at which he gave both the good and the bad. He stated, again, his belief that the COVID vaccination program will allow a full reopening of the economy, and that… Source link

InvestorPlace 7 Electric Vehicle Stocks With Big Products for 2021 In the last few days, electric vehicle stocks have witnessed some sharp correction. I am not surprised given the fact that EV stocks went ballistic during the last year. There is also no reason to panic with various estimates pointing to an inflection point in the EV industry. I see the correction as a good opportunity to accumulate some quality stocks. Stock-price action aside, the electric vehicle industry is in top-gear. To… Source link

The Guardian Covid has killed 500,000 in the US. That’s more than the population of Miami This tragedy was preventable. It happened because Republican politicians believe some people are worth more than others ‘Coronavirus is different, generating neither equal suffering nor equal concern.’ Photograph: Patrick Semansky/AP Five hundred thousand deaths can be hard to picture. But we have to try. Imagine, for instance, that everyone in Miami, Colorado Springs or Minneapolis died in the course… Source link

The Week Biden tweaks PPP loan rules to prioritize smallest businesses The Biden administration is stepping in after Paycheck Protection Program loans went to some not-so-small businesses the first time around. Compared to the first round issued last year, the latest round of pandemic relief loans have gone to far more very small businesses, businesses in rural areas, and minority-owned businesses. But the Biden administration is still implementing reforms to ensure the loans keep going to… Source link

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying For an individual investor to beat the market, you need an edge. Investing strategies come in different forms and you can rely on several factors to achieve the end goal of strong returns. Be it following analyst ratings, upcoming catalysts or recognizing the latest market moving trends. There is another option: following the signal from those in the know – the corporate insiders. These are the company officers whose positions give… Source link

White House deputy press secretary TJ Ducklo has resigned, the day after he was suspended for issuing a sexist and profane threat to a journalist seeking to cover his relationship with another reporter. Mr Ducklo had been put on a week-long suspension without pay on Friday (local time) after a report surfaced in Vanity Fair outlining his sexist threats against a female Politico journalist to try to suppress a story about his relationship, telling her “I will destroy you”. The journalist had… Source link

President Joe Biden speaks about his administration’s response to the coup in Myanmar in the South Court Auditorium on the White House complex, Wednesday, Feb. 10, 2021, in Washington. (AP Photo/Patrick Semansky) Does anybody remember the “phase one” trade deal the Trump administration struck with China a little over a year ago? It’s still in effect, and it’s not turning out to be a very good deal. Former President Trump and his trade negotiators inked the phase one deal on Jan. 15,… Source link

Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link