Business > Election

‘Act big': Yellen uses confirmation hearing to push for more aid

1 month ago   |   By Al Jazeera

Treasury Secretary nominee Yellen is urging lawmakers to support President-elect Biden's $1.9 trillion stimulus plan.
Read more ...

 

US stocks climb amid stimulus optimism ahead of Yellen hearing

US stocks climb amid stimulus optimism ahead of Yellen hearing

1 month ago   |   By Business Insider

Summary List Placement
US stocks rose on Tuesday as investors await Treasury Secretary nominee Janet Yellen's confirmation hearing in which she's expected to urge Congress to "act big" on stimulus.
Goldman Sachs reported earnings on Tuesday that surpassed analyst estimates and sent the stock up as much as 2.3% in early-Tuesday trading.
Watch major indexes update live here.
US stocks rose on Tuesday as investors await Treasury Secretary nominee Janet Yellen's confirmation hearing in which she's expected to urge Congress to "act big" on stimulus.
President-elect Joe Biden has already pledged...
Read more ...

 

Biden's Treasury pick Janet Yellen will urge Congress that now is the time to 'act big' on a stimulus package - and warns of a more painful recession without it

Biden's Treasury pick Janet Yellen will urge Congress that now is the time to 'act big' on a stimulus package - and warns of a more painful recession without it

1 month ago   |   By Business Insider

Summary List Placement Janet Yellen, President-elect Joe Biden's pick to head the Treasury, will urge lawmakers at her confirmation hearing that now is the time to "act big" on another massive rescue package to combat the pandemic, according to a transcript of her introductory remarks obtained by Insider.
"Neither the President-elect, nor I, propose this relief package without an appreciation for the country's debt burden," Yellen is expected to say during her Senate Finance Committee hearing. "But right now, with interest rates at historic lows, the smartest thing we can do is act...
Read more ...

 


Search by Tags

   Election      News      Finance      Congress      Economy  


60% of Republican voters support Biden's $1.9 trillion stimulus plan, poll finds

60% of Republican voters support Biden's $1.9 trillion stimulus plan, poll finds

Summary List Placement President Joe Biden's $1.9 trillion stimulus plan is steadily making its way to a full House vote, and although Republican lawmakers have been in staunch... Read more ...

Facebook is making the case that small businesses rely on personalized ads...

Facebook is making the case that small businesses rely on personalized ads ahead of a major Apple software update that could devastate part of Facebook's ads business

Summary List Placement Facebook is launching a new campaign aimed at proving the need for personalized advertising amid an ongoing battle with Apple. The initiative, titled... Read more ...

McDonald's has reportedly been collecting 'strategic intelligence' on...

McDonald's has reportedly been collecting 'strategic intelligence' on unionizing workers as they fight for a $15 minimum wage

Summary List Placement McDonald's has reportedly been collecting information on workers campaigning for a $15 federal minimum wage, including using a team of intelligence... Read more ...

Trump has finally turned his taxes over to New York prosecutors after losing...

Trump has finally turned his taxes over to New York prosecutors after losing a lengthy court fight

Summary List Placement The Manhattan district attorney's office has obtained former President Donald Trump's closely held tax returns after a long court fight. CNN on Thursday... Read more ...

Cryptocurrency exchange Coinbase files to go public in a direct listing on...

Cryptocurrency exchange Coinbase files to go public in a direct listing on Nasdaq

Summary List Placement Coinbase Global has filed to go public, seeking a direct listing on Nasdaq, according to paperwork filed with the US Securities and Exchange Commission... Read more ...

Biden revoked a slew of Trump executive orders, including one restricting...

Biden revoked a slew of Trump executive orders, including one restricting funds to 'anarchist' cities and one insisting on neoclassical architecture

Summary List Placement President Joe Biden revoked seven Trump-era presidential actions at once on Wednesday, including decrees on architectural style and what the former... Read more ...

Pfizer is testing out a 3rd booster shot to bolster its COVID-19 vaccine...

Pfizer is testing out a 3rd booster shot to bolster its COVID-19 vaccine against new variants

Summary List Placement Pfizer and BioNTech announced this morning that they plan to study the effects of a third COVID-19 vaccine dose in participants from its original... Read more ...

The US accused China of forcing its diplomats to take anal swab tests for...

The US accused China of forcing its diplomats to take anal swab tests for COVID-19

Summary List Placement The US has accused China of making its diplomats take anal swabs to test for COVID-19, and said China promised that diplomats wouldn't have to do them... Read more ...

GameStop spikes 104% in late-day surge as buying frenzy resumes

GameStop spikes 104% in late-day surge as buying frenzy resumes

Summary List Placement GameStop's share price more than doubled in the final 30 minutes of trading on Wednesday as the buying frenzy that sent the stock skyrocketing in late... Read more ...

Moderna just laid out its booster shot strategy to fight new coronavirus...

Moderna just laid out its booster shot strategy to fight new coronavirus variants

Summary List Placement The NIH will soon begin testing a new booster shot for Moderna's COVID-19 vaccine that could better protect people against an emerging variant, according... Read more ...