Tag Archives: proposal

Biden’s budget proposal is ‘the most reckless fiscal policy in the last half-century’: economist

President Joe Biden’s first 100 days in office have been dominated by government spending proposals. On Friday, Biden unveiled his $1.5 trillion “skinny budget” – a precursor to the full annual budget. It comes on top of his $1.9 trillion COVID-relief package and his $2.3 trillion infrastructure proposal. Tyler Goodspeed, former acting chairman of the Council of Economic Advisers under former President Trump, told Yahoo Finance Live all that spending is not prudent at a time when the… Source link

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Google proposal is breath of fresh air for San Jose

Google’s release of details for its momentous downtown San Jose transit-oriented housing and commercial development is the best news the city has received since the pandemic hit just over a year ago. The details, unveiled Tuesday, appear to have the blessing of business, labor and community groups — a rare feat in today’s political environment. The fears that COVID-19 would potentially kill part, or all, of the project can be set aside, at least for now. The proposal still needs to… Source link

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Stock market news live updates: S&P 500 reaches record high, traders eye Biden's infrastructure proposal – Yahoo Finance

The New York Times As Mask Mandates Lift, Retail Workers Again Feel Vulnerable Marilyn Reece, the lead bakery clerk at a Kroger in Batesville, Mississippi, started noticing more customers walking around the store without masks this month after the state mandate to wear face coverings was repealed. Kroger still requires them, but that doesn’t seem to matter. When Reece, a 56-year-old breast-cancer survivor, sees those shoppers, she prays. “Please, please, don’t let me have to wait on… Source link

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CEOs of Google, Zillow, BlackRock, Visa, and more back Biden’s $1.9 trillion proposal

More than 150 chief executives signed a letter on Wednesday urging for more government stimulus and supporting President Joe Biden’s $1.9 trillion “American Rescue Plan.” Among the executives who signed the letter included Google (GOOGL) CEO Sundar Pichai, Goldman Sachs (GS) CEO David Solomon, Zillow (Z) CEO Rich Barton, BlackRock (BLK) CEO Laurence Fink, and Visa (V) CEO Alfred Kelly, Jr. “Previous federal relief measures have been essential, but more must be done to put the country on a… Source link

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Google touts housing, local businesses in new campus proposal 

Google has submitted its preliminary proposal for its North Bayshore campus in Mountain View. Source: SITELAB urban studio Google released preliminary plans late last week for its future campus in northern Mountain View, CA, which emphasizes several thousand new homes and space for local shops amid pandemic recovery. For the project, Google and development partner Lendlease propose adding 7,000 residential units in the new Mountain View campus, which is an increase from the 5,760 homes it… Source link

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Here's who gets a payment under Biden's $1,400 stimulus check proposal – Yahoo Money

AccuWeather Potent storm to bring flood threat, gusty winds to Hawaiian Islands The entire island chain of Hawaii is being put on alert for downpours heavy enough to trigger flash flooding along with gusty winds into the middle of the week. “A cold front will stall between Maui and the Big Island Monday and Tuesday of this week,” AccuWeather Senior Meteorologist Mike LeSeney said. “The combination of this stalled front and a storm high in the atmosphere will produce the threat for flooding… Source link

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Stock futures open slightly higher after Biden releases stimulus proposal

Stock futures rose in late trading Thursday as traders considered the details of President-elect Joe Biden’s newly unveiled stimulus proposal and weighed the likelihood of the package getting advanced quickly through Congress. Contracts on all three major indexes traded just above the flat line Thursday evening, shaking off declines during the regular trading day. Both the Dow and Nasdaq hit record intraday highs earlier before closing lower. Biden outlined his $1.9 trillion coronavirus… Source link

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Andrew Yang kicks off NYC mayoral campaign with $2,000-$5,000 universal basic income proposal

Former Democratic presidential candidate Andrew Yang made his first appearance as a New York City mayoral candidate on Thursday, proposing a basic income program for the city’s poorest. “We will launch the largest basic income program in the history of the country,” Yang stated. “We will lift hundreds of thousands of New Yorkers out of extreme poverty, putting cash relief directly into the hands of the families who desperately need help right now.” Yang’s plan, a modified version… Source link

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