All posts by: r4ibom

With President Joe Biden’s massive $1.9 trillion coronavirus aid package facing its first big legislative test this week in the House, critics hope to turn it back or see it slimmed down by saying it’s too expensive and poorly targeted.

Discounts abound for the 65+ crowd, whether we need them or not

‘As with most disasters, disaster experts recommend cash donations as they allow for on-the-ground agencies to direct funds.’

Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, said he can’t predict that life will return to how it was before the coronavirus pandemic hit.

The Biden administration on Monday announces that the federal government’s Paycheck Protection Program will be available only to small businesses with fewer than 20 employees during an upcoming two-week period.

Stock-market benchmarks fall at the start of Monday as rising bond yields stoke worries that equities, particularly highflying tech shares, have grown too expensive.

Gold contracts trading on Comex head higher Monday, shaking off a surge in government bond yields and leading some dealers to suggest that beaten-down bullion may be drawing safe-haven-like demand as investors appear momentarily rattled by the rise in borrowing costs across the globe.

Oil futures trade higher Monday, resuming a push higher as traders look for a slow recovery in output following winter storms that knocked U.S. producers and refineries offline.

U.S. Treasury yields rose sharply Monday morning, kicking off the week as investor jitters in bond markets appeared to spill over into more pessimism into broader risk assets.

U.K. Prime Minister Boris Johnson is expected to detail in Parliament the path to gradually lift COVID-19 pandemic-related restrictions in England.

The U.S. plane maker Boeing said it supported decisions by airline regulators in Japan and the U.S. to suspend operations of 128 of its 777 aircrafts powered by Pratt & Whitney 4000-112 engines.

This can happen even though many Americans may not be vaccinated by the end of summer.

Many tech workers able to work from home have moved out of San Francisco, but are not going far. While San Francisco’s economy could suffer temporarily, it’s not the end of the City by the Bay, and is unlikely to spell its end as a tech epicenter.

Berkshire Hathaway’s trailing 15-year return is now below the S&P 500.

The fund manager who famously spotted the mortgage crisis ahead of time — and invested in GameStop long before it became a worldwide sensation — now says the U.S. government is inviting inflation.

Stocks actually are an inflation hedge but the market doesn’t see it that way.

Prominent technology analyst Dan Ives estimates that Telsa’s investment in bitcoin has minted a digital paper profit of about $1 billion, as the price of the asset soars to records.

Bitcoin prices carve out fresh records on Wednesday but where the cryptocurrency heads from here is an open question.

‘I have worked very hard for everything I have. I take pride in the fact that I’ve overcome a lot of adversity to be where I am now, and I’m happy with my finances.’

Attorneys general have been at the forefront of investigating for-profit colleges, some of which have been accusing of preying on students.