Tag Archives: stimulus

Rep. Ro Khanna (D., Calif.) says if Republicans don’t get on board with President Joe Biden’s $1.9 trillion stimulus plan, the Senate should use reconciliation— a process that would allow the legislation to pass through Congress without any Republican support. “This plan is very reasonable. This is not a far-left plan,” said Khanna in an interview with Yahoo Finance Live. “Joe Biden won the election. He campaigned on this kind of plan and we should pass it.” Republicans have… Source link

TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than… Source link

TipRanks 2 “Strong Buy” Penny Stocks That Could See Outsized Gains Well, it’s official. Joe Biden is now President, and he’ll be backed – at least for the short term – by Democratic majorities in both Houses of Congress. Wall Street is taking the measure of the new Administration, and sees, among its first moves, a boost in fiscal stimulus that is likely to goose consumer spending, bump corporate profits, and provide general economic support in the first half of 2021. Covering the… Source link

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

TipRanks Raymond James: 2 Big 7% Dividend Stocks to Buy Now Watching the markets with an eye to the main chance, Raymond James strategist Tavis McCourt sees both risk and opportunity in current market conditions. The opportunity, in his opinion, stems from the obvious factors: the Democrats won both Georgia Senate seats in the recent runoff vote, giving the incoming Biden Administration majority support in both Houses of Congress – and increasing the odds of meaningful fiscal support getting… Source link

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

Joe Biden wants to give you a $2,000 stimulus check — and it could be quick It has been less than two weeks since Americans started getting their second coronavirus relief payments — “stimulus checks” — and the anticipation about a third phase is already heating up. President-elect Joe Biden has called the current $600 round of cash a “down payment,” and early last week he said $2,000 checks would go out “immediately” if his party took control of both houses of Congress. The Democrats… Source link

TipRanks 3 “Strong Buy” Stocks Set for Monster Growth in 2021 We’ve turned a new page on the calendar, Old Man ’20 is out the door, and there’s a feeling ‘21 is gonna be a good year – and so far, so good. The markets closed out 2020 with modest session gains to cap off larger annual gains. The S&P 500 rose 16% during the corona crisis year, while the NASDAQ, with its heavy tech representation, showed an impressive annual gain of nearly 43%. The advent of two viable COVID vaccines… Source link

TipRanks 3 “Strong Buy” Stocks Set for Monster Growth in 2021 We’ve turned a new page on the calendar, Old Man ’20 is out the door, and there’s a feeling ‘21 is gonna be a good year – and so far, so good. The markets closed out 2020 with modest session gains to cap off larger annual gains. The S&P 500 rose 16% during the corona crisis year, while the NASDAQ, with its heavy tech representation, showed an impressive annual gain of nearly 43%. The advent of two viable COVID vaccines… Source link

Bloomberg Wrong-Way Bet on Covid Is Changing Oil-Trading Industry Forever (Bloomberg) — In January, as a mysterious illness ripped through the Chinese city of Wuhan, global oil prices plunged. Two thousand miles away in the island state of Singapore, one of the most powerful men in the world of commodities trading, Lim Oon Kuin, quietly added to his vast stockpiles of fuel – making a bet that China would successfully control the spread of the new disease.That gamble soured quickly. While… Source link