Savings

Will a $2 Trillion Stimulus Package be Enough to Save the Economy?

13 days ago   |   By Ameriprise

Reports that Congress was edging closer to an agreement on a $2 trillion economic stimulus package sent stocks soaring on Tuesday this week. The S&P 500 ® index rose 9.4 percent, while the Dow Jones Industrial Average gained 11.4 percent, its single best day since 1933. Stocks added modestly to those gains on Wednesday. In the past two days, S&P 500 has rallied 11 percent from its low close on Monday, although it remains 27 percent below its February 19 closing high. The Chicago Board Options Exchange VIX index of implied S&P volatility remained elevated. In contrast, implied volatility in...
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Congress locks Trump oversight into $2.2 trillion package

13 days ago   |   By Chron

WASHINGTON - President Donald Trump declared that "I'll be the oversight" as lawmakers were in the final days of drafting what became a $2.2 trillion rescue plan for American businesses. In the end, Congress ensured that won't be the case.
The legislation, designed in part to help businesses and corporations hammered by closures due to the coronavirus pandemic, creates multiple layers of accountability for the billions of dollars in loans, grants and direct cash that will soon flow from the federal government. The House is expected to pass it Friday and send it to Trump for his...
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US weekly unemployment claims jump by 6.6 million, bringing 3-week total to...

US weekly unemployment claims jump by 6.6 million, bringing 3-week total to more than 16 MILLION

The US Labor Department reported on Thursday that the jobless rolls continued to grow due to the Covid-19 lockdown, with 6.6 million Americans filing first-time unemployment... Read more ...

Republicans are worried Trump is hurting himself with rally-like...

Republicans are worried Trump is hurting himself with rally-like performances at coronavirus briefings and are urging him to step back

Republicans are encouraging President Donald Trump to take a step back at daily coronavirus press briefings and let the experts lead the way, The New York Times reported on... Read more ...

Round 3: Facebook Live Events for Running Your Business During the COVID-19...

Round 3: Facebook Live Events for Running Your Business During the COVID-19 Outbreak

The highly-anticipated Facebook Live sessions are back to bring you one more week of tips in our Secrets of Top Selling Facebook Group. During these Facebook Live sessions... Read more ...

FirstResponders First Partners with Marriott International to Provide Free...

FirstResponders First Partners with Marriott International to Provide Free Accommodations to Healthcare Workers on the Frontlines of the COVID-19 Pandemic

As the COVID-19 pandemic continues to have devastating impact, FirstRespondersFirst announced today a partnership with Marriott International to support frontline healthcare... Read more ...

Fed rolls out $2.3 trillion plan to stabilize economy

Fed rolls out $2.3 trillion plan to stabilize economy

WASHINGTON - The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to support the economy. The money will target American households and... Read more ...

Doctors are asking states to use their lethal-injection drugs to treat...

Doctors are asking states to use their lethal-injection drugs to treat patients with COVID-19, instead

States that execute prisoners by lethal injection have a stockpile of drugs that, amid the pandemic, are now in short supply. "Your stockpile could save the lives of hundreds... Read more ...

Dow climbs 350 points as new Fed stimulus offsets historic unemployment filings

Dow climbs 350 points as new Fed stimulus offsets historic unemployment filings

US stocks climbed on Thursday, continuing gains from Wednesday, as t he Federal Reserve announced an additional $2.3 trillion in aid to businesses and governments. Data... Read more ...

How to check which version of Android you have on your device

How to check which version of Android you have on your device

To check which version of Android you have on the device in your possession, navigate to your phone or tablet's system settings. Knowing which version of Android you have can... Read more ...

China is relaxing its coronavirus lockdowns, but the rules are still more...

China is relaxing its coronavirus lockdowns, but the rules are still more restrictive than US cities under quarantine

China eased coronavirus travel restrictions in Wuhan this week, ending a 76-day quarantine, with a drop in the country's new daily cases signaling the lockdowns have helped... Read more ...

How to unmute posts on Instagram using the mobile app

How to unmute posts on Instagram using the mobile app

You can unmute posts on Instagram from going into the specific user's profile page. Once you've unmuted a user's posts, you'll see their content in your Instagram feed... Read more ...