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Goldman Sachs lifts US GDP forecast to 6.6% in 2021 on Biden"s $1.9 trillion stimulus package

Biden's $1,400 stimulus checks will cause a "large spike" in disposable income, Goldman economists wrote in a weekend note. Eric Thayer/Reuters Goldman Sachs raised its US GDP forecast to 6.6% on Joe Biden's $1.9 trillion stimulus plan.Bank e.....»»

Category: topSource: businessinsiderJan 18th, 2021

: Biden will ask Congress for $1,400 stimulus checks — economists advise caution before spending

Boston University and Brown University economists who looked at what happens when people have time to mull over a financial windfall......»»

Category: topSource: marketwatchJan 15th, 2021

: Biden will ask Congress for $1,400 stimulus checks — economists advise caution before spending subsidie

Boston University and Brown University economists who looked at what happens when people have time to mull over a financial windfall......»»

Category: topSource: marketwatchJan 15th, 2021

The poorest quintile of Americans will get a 29% income boost if $2,000 stimulus checks become a reality, a new report finds

Democratic lawmakers are pushing for the passage of the CASH Act to provide $2,000 payments to protect Americans from the continued effects of the pandemic. The House on Dec.....»»

Category: topSource: businessinsiderJan 12th, 2021

Joe Biden wants to go big with a multi-trillion-dollar stimulus package. But his economic agenda is about to collide against a Democratic drive to impeach Trump.

Biden is assembling a large coronavirus relief package that will likely include $2,000 stimulus checks and federal unemployment benef.....»»

Category: worldSource: nytJan 11th, 2021

Stimulus Shock: Democratic Senator Manchin Will "Absolutely Not" Support Biden $2,000 Stimulus Checks, Crashing "Blue Wave"

Stimulus Shock: Democratic Senator Manchin Will "Absolutely Not" Support Biden $2,000 Stimulus Checks, Crashing "Blue Wave" Wall Street - which is now certain that the Democratic sweep will lead to trillions in new stimulus (Goldman ye.....»»

Category: worldSource: nytJan 8th, 2021

: Schumer says one of Democrats’ first priorities will be $2,000 stimulus checks

Bigger stimulus checks are back on the table after Senate Democratic Leader Chuck Schumer said Wednesday he wants to make them a top priority for Democrats when they take control of the Senate in the wake of the Georgia runoffs......»»

Category: topSource: marketwatchJan 6th, 2021

Bitcoin crosses $35,000 for the first time as trading volume skyrockets to record high

As bitcoin soared to a $35,000 high, economists suggest a Democratic Senate would spark a new round of fiscal stimulus, crimping demand for the dollar .....»»

Category: dealsSource: nytJan 6th, 2021

Bitcoin crosses $35,000 for the first time as trading volumes skyrocket to record high after Democrats win Senate

As bitcoin soared to a $35,000 high, economists suggest a Democratic Senate would spark a new round of fiscal stimulus, crimping demand for the dollar .....»»

Category: topSource: businessinsiderJan 6th, 2021

Election: Biden says Democratic wins in Georgia’s runoffs will lead to $2,000 stimulus checks

President-elect Joe Biden and President Donald Trump are campaigning on Monday in Georgia, where two U.S. Senate runoff elections on Tuesday are set to determine the balance of power in Washington......»»

Category: topSource: marketwatchJan 4th, 2021

: Stimulus checks are on their way — economists give one important reason why it was good to wait

Boston University and Brown University economists who looked at what happens when people have time to mull over a financial windfall......»»

Category: topSource: marketwatchDec 31st, 2020

"Let"s do it!": Schumer, Pelosi say they are eager to pass $2,000 stimulus checks that Trump says he supports

Democratic lawmakers quickly responded to Trump's demand that Congress increase the size of the stimulus checks, asking him to convince Republicans. Speaker of the House Nancy Pelosi, D-Ca.....»»

Category: topSource: businessinsiderDec 22nd, 2020

: How much will you get with new stimulus checks and additional federal unemployment benefits?

A second round of financial-aid checks for taxpayers was one of the few things Republican and Democratic lawmakers agreed upon before the election, but it was delayed over other political wrangling......»»

Category: topSource: marketwatchDec 20th, 2020

: How much will Americans get in new stimulus checks and extra unemployment?

A second round of financial-aid checks for taxpayers was one of the few things Republican and Democratic lawmakers agreed upon before the election, but it was delayed over other political wrangling......»»

Category: topSource: marketwatchDec 20th, 2020

"These are survival checks": Democratic Rep. Ayanna Pressley slammed $600 coronavirus stimulus checks as insufficient

Pressley pointed out that "600 dollars does not even cover one month's rent" in an interview on MSNBC's "The ReidOut" on Friday. Representative Ayanna Pressley (D-MA), questions U.S. Post.....»»

Category: personnelSource: nytDec 19th, 2020

Mitch McConnell railed against House Democrats" plan to send $1,200 stimulus checks to immigrants left out of initial wave of federal payments

Reuters Senate Majority Leader Mitch McConnell tore into the Democratic plan for additional stimulus checks, saying it would benefit undocumented immigrants. "Another round of checks for illegal immigrants. Can you believe it?" the Kentuc.....»»

Category: personnelSource: nytMay 14th, 2020

Gun background checks are on pace to break record in 2019

Background checks on gun purchases in the U.S. are climbing toward a record high this year, reflecting what the industry says is a rush by people to buy weapons in reaction to the Democratic presidential candidates' calls for tighter restrictions......»»

Category: topSource: foxnewsDec 3rd, 2019

Trump warns Wall Street his defeat would endanger market

President Donald Trump delivered a stump speech aimed at Wall Street, touting his economic record to an audience of executives and economists while warning that a Democratic victory in 2020 would endanger stock market gains......»»

Category: topSource: moneycentralNov 12th, 2019

Trump warns Wall Street his defeat would endanger market gains

President Donald Trump delivered a stump speech aimed at Wall Street, touting his economic record to an audience of executives and economists while warning that a Democratic victory in 2020 would endanger stock market gains......»»

Category: topSource: moneycentralNov 12th, 2019

Boris Johnson calls backstop "anti-democratic" and says won"t institute checks on Irish border

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJul 24th, 2019