While most members of Congress were away from the Hill on Friday, news of a second violent incident at the Capitol complex in less than three months weighed on Washington officials, including President Joe Biden. A Capitol Police officer was killed after a man rammed a car into two officers …
Read More »Economic Report: U.S. factory orders rise for eighth straight month in December
The U.S. factory sector is showing solid momentum going into 2021, with orders rising for eighth straight months. Orders for manufactured goods rose 1.1% in December after a 1.3% gain in the prior month, the Commerce Department said Thursday. Economists surveyed by the Wall Street Journal were expecting a 0.7% …
Read More »In One Chart: All of President Biden’s key executive orders — in one chart
As people and markets around the world adjust to having Joe Biden as U.S. president, a key factor is what the veteran Democratic politician aims to accomplish without having to work with Congress. Biden is making use of executive orders that affect health care XLV, +1.13%, the energy sector XLE, …
Read More »Trump’s stimulus orders don’t seem to be feasible or legal, experts say
President Donald Trump’s executive order and memorandums to provide relief during the coronavirus pandemic don’t seem feasible or legal, experts said Saturday. Trump made an end run around Congressional Democrats with an executive order and three memoranda aimed at boosting the economy, but analysts said the wording of the orders …
Read More »Capitol Report: Trump eyes executive orders after stalemate on coronavirus relief but doesn’t pull trigger
President Donald Trump on Friday evening signaled he is close to issuing executive orders to make an end run around a stalled stimulus package with Congressional Democrats but stopped short of issuing them. Trump said the orders might be issued before next week. “They are being drawn by the lawyers …
Read More »Economic Report: U.S. manufacturers see biggest plunge in new orders and employment in 11 years, ISM finds
The numbers: American manufacturers began to feel the brunt of the coronavirus pandemic toward the end of March as new orders and employment fell to the lowest level since the end of the 2007-2009 Great Recession, a new survey of executives showed. The Institute for Supply Management said its manufacturing …
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