Trump threatened to oppose a more than $2 trillion coronavirus relief and government spending bill only after Congress passed it.
— Read on www.cnbc.com/2020/12/23/covid-stimulus-update-trump-threatens-shutdown-unemployment-lapse.html
Tag: United States
Charting America’s Debt: $27 Trillion and Counting
America’s debt recently surpassed $27 trillion. In this infographic, we peel back the layers to understand why it keeps on growing.
— Read on www.visualcapitalist.com/americas-debt-27-trillion-and-counting/
Visualizing America’s Energy Use, in One Giant Chart
This incredible flow diagram shows how U.S. energy use broke down in 2019, including by source and its end consumption by sector.
— Read on www.visualcapitalist.com/visualizing-americas-energy-use-in-one-giant-chart/
Yellen is an excellent choice for Treasury secretary – BNN Bloomberg
Yellen is an excellent choice for Treasury secretary – BNN Bloomberg
— Read on www.bnnbloomberg.ca/yellen-is-an-excellent-choice-for-treasury-secretary-1.1527019
Charting America’s Debt: $27 Trillion and Counting
America’s debt recently surpassed $27 trillion. In this infographic, we peel back the layers to understand why it keeps on growing.
— Read on www.visualcapitalist.com/americas-debt-27-trillion-and-counting/
Corporate America Is Choking on Debt and Imperiling the Recovery
(Bloomberg) — After tapping the bond market at a record-shattering pace in recent months, Corporate America is more indebted today than ever before.And while much of that fresh cash — more than $1.6 trillion in total — helped scores of companies stay afloat during the pandemic lockdown, it now threatens
— Read on ca.finance.yahoo.com/news/corporate-america-choking-debt-imperiling-100000755.html
Historic second-quarter GDP report will show how hard the economy crashed in virus shutdowns
When the government releases GDP data Thursday, it is expected to show an unprecedented, nearly 35% contraction in the second quarter.
— Read on www.cnbc.com/2020/07/29/historic-second-quarter-gdp-report-will-show-how-hard-the-economy-crashed-in-virus-shutdowns.html
Another Fed Official Backs Rates at Zero Until Inflation Tops 2% – Bloomberg
The U.S. central bank should consider holding interest rates near zero until inflation is above its 2% target, said Philadelphia Fed President Patrick Harker, echoing his colleague Lael Brainard and signaling a consensus may be building among policy makers.
— Read on www.bloomberg.com/news/articles/2020-07-15/fed-s-harker-supports-no-fed-hikes-until-inflation-overshoots-2
Biggest U.S. banks set for worst quarter since financial crisis – BNN Bloomberg
Biggest U.S. banks set for worst quarter since financial crisis – BNN Bloomberg
— Read on www.bnnbloomberg.ca/biggest-u-s-banks-set-for-worst-quarter-since-financial-crisis-1.1463399
U.S. jobless rate triples to 14.7% in sharpest labour downturn – BNN Bloomberg
U.S. jobless rate triples to 14.7% in sharpest labour downturn – BNN Bloomberg
— Read on www.bnnbloomberg.ca/u-s-jobless-rate-triples-to-14-7-in-sharpest-labour-downturn-1.1433427