Senate Majority Leader Mitch McConnell said Monday the next round of stimulus would include another round of direct payments to help American families. Source: Getty Images Democrats and Republicans disagree on many points when it comes to what the next stimulus package should include — but a second round of checks to struggling Americans isn’t […]
Senate Majority Leader Mitch McConnell speaks on Capitol Hill on July 21. AFP via Getty Images Senate Majority Leader Mitch McConnell said Monday that Republicans were unveiling their long-awaited opening gambit for the next round of coronavirus aid, as Democrats remained wary. “Just like in March with the CARES Act, Senate Republicans have authored another […]
People — and investors — can become very emotional as a presidential election heats up, and this time around, feelings are obviously running high. According to the polls, President Trump is likely to be shown the door and Joe Biden will have his party control both houses of Congress. Does this excite you? Does it […]
What happens when a stock joins a benchmark index? It isn’t just an academic question. Shares of Tesla Inc. TSLA, +8.65% have surged in recent weeks as observers speculated about whether a fourth straight quarterly profit would put the electric-vehicle maker on track to be added to the S&P 500 SPX, +0.74%. But being added […]
A video posted on social media showed teenagers wreaking havoc at the Putt-Putt Fun Center in Memphis after being told that the center was closing because of COVID-19 restrictions but wouldn’t issue refunds. Screenshot of Video Tree/YouTube Chaos erupted on Saturday at the Putt-Putt Fun Center in Memphis, Tennessee. Between 300 and 400 teenagers gathered […]
The White House now seems to believe masks are necessary to restart the economy. While he was previously reluctant to endorse masks, White House economic adviser Larry Kudlow wore one on Monday for a press conference even though it was held outside and he stayed far from reporters. Kudlow said he’d been “emphasizing” masks over […]
DUBAI, United Arab Emirates — Iran has moved a mock aircraft carrier to the strategic Strait of Hormuz amid heightened tensions between Tehran and the U.S., satellite photographs released Monday show, likely signalling the Islamic Republic soon plans to use it for live-fire drills. An image from Maxar Technologies taken Sunday shows an Iranian fast […]
There are good economic reports, there are bad ones, and in some rate cases there are ugly ones. This week, we get ugly. We will find out how deep a hole the U.S. economy fell into in the second quarter this year when non-essential businesses closed down in many parts of the U.S. and many […]
After President Donald Trump took some serious lumps in his contentious interview with Fox News host Chris Wallace earlier this month, it was probably time for a friendlier chat. Enter David Portnoy, the outspoken founder of Barstool Sports, who came to the White House on Friday armed with the kind of softballs that had the […]