Savings

Mitch McConnell says Congress should redirect unspent stimulus money to prop up small businesses, backing Mnuchin in his fight against the Fed

15 days ago   |   By Business Insider

Summary List Placement
Senate Majority Leader Mitch McConnell issued a statement on Friday afternoon supporting Treasury Secretary Steven Mnuchin's call for Congress to repurpose unspent stimulus money - and backing the Trump administration in its extraordinary clash against the Federal Reserve.
McConnell said "there is an obvious right use" for the unused funds. He argued it should be directed at "urgent, important, and targeted relief measures" that Republicans have sought for months over repeated Democratic objections they are not enough.
"American workers should not lose their jobs...
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Warren Buffett compared the pandemic to a 'hurricane,' praised the government's rapid response in the spring, and called for small-business aid at a virtual event this week

Warren Buffett compared the pandemic to a 'hurricane,' praised the government's rapid response in the spring, and called for small-business aid at a virtual event this week

15 days ago   |   By Business Insider

Summary List Placement
Warren Buffett compared the COVID-19 pandemic to a "hurricane," praised the Federal Reserve and Congress for moving quickly to offset its brutal impact, and called for additional government support for small businesses during a rare appearance this week.
The famed investor made the comments at a remote event hosted by Goldman Sachs 10,000 Small Businesses, a philanthropic initiative that provides education, funding, and support to small businesses and has graduated 10,0000 entrepreneurs to date.
Buffett sits on the program's advisory council with Goldman CEO David...
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The Latest: National Guard helps at Idaho urgent-care clinic

The Latest: National Guard helps at Idaho urgent-care clinic

BOISE, Idaho - National Guard troops are directing people outside a Boise urgent-care clinic revamped into a facility for coronavirus patients. Read more ...

Historian groups sue White House over fears the Trump administration will...

Historian groups sue White House over fears the Trump administration will destroy records before leaving office

Summary List Placement Several groups focused on preserving historical records are suing some members of President Donald Trump's administration, hoping their legal effort will... Read more ...

The Latest: US reaches daily high of nearly 228,000 cases

The Latest: US reaches daily high of nearly 228,000 cases

WASHINGTON - Coronavirus infections continue to spread at record levels in the United States, reaching a new daily high of nearly 228,000 cases on Friday. Read more ...

Steve Nicks sold the copyrights to some of her most popular songs in a deal...

Steve Nicks sold the copyrights to some of her most popular songs in a deal reportedly valued at $100 million

Summary List Placement Stevie Nicks sold the majority stake in her song catalog to music publisher Primary Wave last month, the company said in a news release on Friday. In the... Read more ...

Restaurants are ditching holiday parties for virtual cooking classes as they...

Restaurants are ditching holiday parties for virtual cooking classes as they fight to stay afloat during the holiday season in this pandemic

Summary List Placement The hospitality industry has been hit hard by the novel coronavirus pandemic, with many restaurants closing throughout the US. But some restaurants have... Read more ...

New Jersey officials shut down a restaurant that hosted a mask-free New York...

New Jersey officials shut down a restaurant that hosted a mask-free New York Young Republicans gala

Summary List Placement New York and New Jersey officials are disturbed that a Republican club on Thursday hosted a gala with 150 mask-less people in attendance, including... Read more ...

Jeff Bezos says Blue Origin's rocket engine is going to land the first woman...

Jeff Bezos says Blue Origin's rocket engine is going to land the first woman on the moon, after successful test

Summary List Placement Blue Origin, the spaceflight company founded by Amazon CEO Jeff Bezos, revealed that its lunar-landing engine, the BE-7, passed its fourth test... Read more ...

There's light at the end of the COVID tunnel, I just don't see it yet

There's light at the end of the COVID tunnel, I just don't see it yet

Summary List Placement The COVID vaccine is coming. Trump will soon be out of the White House. Normalcy, in the shallowest sense possible, is on the horizon. The state of... Read more ...

A Google and Microsoft alum who raised $140 million to take on Microsoft...

A Google and Microsoft alum who raised $140 million to take on Microsoft Office explains why productivity is one of the most attractive 'jokes' in Silicon Valley

Summary List Placement It was a red-letter year for software companies that help people get work done. As the pandemic forced businesses to shutter their offices, they reached... Read more ...

Kamala Harris is staffing up with veteran Washington insiders in advance of...

Kamala Harris is staffing up with veteran Washington insiders in advance of being sworn in as the country's first woman vice president. Meet her first White House hires

Summary List Placement Kamala Harris has already announced five hires to her historic staff as she prepares to be sworn in as the first woman to serve as the vice president of... Read more ...