Pelosi on Deal, “We’re Almost There”… House Speaker Nancy Pelosi said she and Treasury Secretary Mnuchin are close to a stimulus deal. What it means – We’ve been back and forth on this seemingly ...
Week In Review – September 21 2020
Federal Reserve Signals No Change in Rates Until 2024… In the press conference after its regularly scheduled meeting, Federal Reserve Chair Jay Powell noted that the bankers expect to hold ...
Week In Review – August 24 2020
Federal Reserve Sees Need for More Government Spending… The Federal Reserve released the minutes of its July meeting. The bankers discussed the need for more federal government action to mend the ...
Week In Review – July 21 2020
Initial Jobless Claims Stuck at 1.3 Million… Initial jobless claims eased by just a few thousand people, as another 1.3 million filed for jobless benefits for the first time. What it means— There ...
Week In Review – May 26 2020
Another 2.44 Million People Filed for Initial Jobless Claims… The eight-week total now stands at 39 million people. What it means— When does 2.44 million people filing for initial unemployment look ...