Tag: COVID-19

How Trump’s Coronavirus Diagnosis Will Affect the Stimulus Package

How Trump’s Coronavirus Diagnosis Will Affect the Stimulus Package

House Speaker Nancy Pelosi said on Friday that President Donald Trump contracting the coronavirus could affect the discussions around the coronavirus stimulus package towards evasion. She was still optimistic about getting the package approved before Nov 3.

U.S Equity Futures Take a Hit As Trump-Biden Debate Turns into a Chaos

U.S Equity Futures Take a Hit As Trump-Biden Debate Turns into a Chaos

  As investors looked forward to the developments in the stock market preceding the first presidential debate, they were left flustered as the argument turned nasty on early Wednesday morning. The market appeared to be quite volatile as the futures first started to rise when the debate began but as it neared its end, the […]

Young Entrepreneur, Hero of the Americans in Covid-19 Pandemic

Young Entrepreneur, Hero of the Americans in Covid-19 Pandemic

In our interview with Gizem Imren; we learned that they work at full capacity for almost 24 hours a day. The young entrepreneur, who is planning to produce disinfectant wet wipes in the near future, stated that he did not receive any support from SBA and this situation was devastating. “I know there are a […]

Coronavirus is forcing House candidates off the trail, onto Facebook

Coronavirus is forcing House candidates off the trail, onto Facebook

Hiral Tipirneni, a Democratic candidate for U.S. Congress in Arizona, hosting a virtual town hall on April 1, 2020. The coronavirus pandemic has forced candidates to rethink traditional campaign events. Source: Hiral Tipirneni Alyse Galvin used to host her town halls in coffee shops. Sometimes she hosted them in her garage. Other times, she says, […]

Nancy Pelosi unveils new committee to oversee White House

Nancy Pelosi unveils new committee to oversee White House

US House Speaker Nancy Pelosi speaks with reporters during her weekly press conference at the US Capitol March 26, 2020, in Washington, DC. Alex Edelman | AFP | Getty Images House Speaker Nancy Pelosi on Thursday announced a new House select committee to oversee the Trump administration’s response to the coronavirus pandemic.  On a conference […]

Eric Rosengren says Fed ‘has acted quickly’ as markets froze

Eric Rosengren says Fed ‘has acted quickly’ as markets froze

Boston Federal Reserve President Eric Rosengren said Wednesday the central bank moved rapidly to address deterioration across multiple parts of the financial market that were crippled due to the coronavirus crisis. “At the central bank we’re focused on addressing, and blunting, the economic effects of the pandemic,” Rosengren said in remarks prepared for an online […]

Pelosi says US must move to vote by mail, taking aim at Trump

Pelosi says US must move to vote by mail, taking aim at Trump

US Speaker of the House Nancy Pelosi speaks to the press after the House passed a $2 trillion stimulus bill, on March 27, 2020, at the US Capitol in Washington, DC. Alex Edelman | AFP | Getty Images House Speaker Nancy Pelosi said on Tuesday that America needs to move toward a “vote by mail” […]

February pending home sales jump over 9% annually, ahead of coronavirus impact

February pending home sales jump over 9% annually, ahead of coronavirus impact

A single family home is shown for sale and in escrow in San Marcos, California. Mike Blake | Reuters Homebuyer demand was strengthening markedly just before COVID-19 began its spread across the U.S. Pending home sales, which measure signed contracts on existing homes, rose a stronger-than-expected 2.4% in February compared with January. Sales were up […]

House passes relief bill, sends to Trump

House passes relief bill, sends to Trump

President Donald Trump signed a $2 trillion coronavirus relief bill on Friday, as Washington tries to blunt economic destruction from the pandemic ripping through the United States.  The House earlier passed the stimulus package, believed to be the largest in U.S. history, by voice vote, which simply measures if more lawmakers shout for “aye” or “nay” on […]