Business > Election

What happened last week? Biden introduced a $1.9 trillion stimulus plan, Parler sued Amazon, and Loews Hotels cancelled a fundraiser for a senator

1 month ago   |   By Business Insider

Summary List Placement What happened last week?
As Washington last week readied for the inauguration of President-elect Joe Biden, the incoming president announced a massive stimulus plan to rejuvenate the economy and update the country's cybersecurity infrastructure.
Here are three big stories from the last week.
Biden introduced a $1.9 trillion stimulus plan
On Thursday, Biden released a massive $1.9 trillion stimulus plan , the "American Rescue Plan."
"A growing chorus of top economists agree that, in this moment of crisis, with interest rates at historic lows, we cannot afford...
Read more ...

 

One measure of unemployment suggests Biden's $1.9 trillion stimulus plan could do more harm than good, says one top Wall Street strategist

One measure of unemployment suggests Biden's $1.9 trillion stimulus plan could do more harm than good, says one top Wall Street strategist

1 month ago   |   By Business Insider

Summary List Placement The US economy is receiving fresh fiscal support after months of plodding negotiations. But one measure of the labor market suggests the massive stimulus is unnecessary and potentially harmful to future growth, according to James Paulsen, chief investment strategist at The Leuthold Group.
The country is already reaping the benefits of the $900 billion stimulus package signed by President Donald Trump on December 27. President-elect Joe Biden rolled out a $1.9 trillion relief proposal on Thursday that aims to further boost the economy through 2021. Democrats' soft...
Read more ...

 


Search by Tags

   Election      Economy      Market      Democrats      Donald Trump  


Biden spoke with Saudi King Salman for the first time, but didn't say if...

Biden spoke with Saudi King Salman for the first time, but didn't say if they discussed Khashoggi's murder

Summary List Placement President Joe Biden spoke with King Salman of Saudi Arabia for the first time on Thursday, ahead of the public release of a highly anticipated... Read more ...

Texans won't hamper Will Fuller's free agency with franchise tag

Texans won't hamper Will Fuller's free agency with franchise tag

At least one playmaking wide receiver is going to hit the market. The spiraling Texans do not plan to franchise tag Will Fuller, according to the Houston Chronicle. Fuller had... Read more ...

Watch Amazon's anti-union ads that Twitch is removing after saying they...

Watch Amazon's anti-union ads that Twitch is removing after saying they should 'never have been allowed'

Summary List Placement Twitch has removed anti-union ads that its parent company Amazon ran on the platform targeting workers in Alabama. The ads, first posted by More Perfect... Read more ...

Pelosi mocks McConnell for criticizing commission on the Capitol...

Pelosi mocks McConnell for criticizing commission on the Capitol insurrection: GOP Sen. 'Ron Johnson seems to be taking the lead'

Summary List Placement House Speaker Nancy Pelosi slammed Senate Minority Leader Mitch McConnell on Thursday after he criticized her proposal for a 9/11-style commission to... Read more ...

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 ...

Coinbase sent the mysterious creator of bitcoin a copy of its public filing...

Coinbase sent the mysterious creator of bitcoin a copy of its public filing in a symbolic gesture

Summary List Placement Cryptocurrency exchange platform Coinbase symbolically sent a copy of its public filing to the mysterious creator of bitcoin alongside its lawyers and... 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 ...

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 ...