The $ 1.9 billion stimulus package recently passed by the U.S. Congress won’t spur persistently higher inflation, said Federal Reserve Vice Chairman Richard Clarida on Thursday. The Fed and other forecasts “do not see this package — over a three-to-five year period — as putting undesirable upward pressure on inflation,” …
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House Democrats hope to clear President Joe Biden’s $ 1.9 trillion economic package late Friday and send it on to the Senate, where it will face some changes. While Biden and House Democrats had hoped to use the bill — which will be immune to filibuster in the Senate — …
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Online shopping has grown in popularity in 2020 and the trend shows no sign of stopping. When you buy online, you can access a wider range of products and budget-friendly prices, and you don’t even have to leave your home! However, there is one potentially weak link when it comes …
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Joe Biden was projected Saturday to become the nation’s next president, according to the Associated Press, after campaigning on an ambitious domestic agenda he hopes will improve voters’ finances and invigorate an economy battered by the coronavirus pandemic. Tax hikes for the rich, broadened health care coverage and student loan …
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BERLIN — Germany adopted its second economic-stimulus package since the start of the coronavirus pandemic, bringing their total cost to €1.3 trillion ($ 1.5 trillion), by far the largest in Europe as a share of gross domestic product. The new bundle, agreed to on Wednesday after extensive talks between Chancellor …
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The House on Friday debated a $ 2 trillion coronavirus stimulus package to help the U.S. economy cope with the pandemic, and while the chamber is expected to pass the massive bill it may be through a slower voting process because of a Republican congressman’s objections. House Speaker Nancy Pelosi …
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Oil futures fell Wednesday, with worries about growing supply amid a price war between Saudi Arabia and Russia outweighing support from an agreement on a $ 2 trillion U.S. economic stimulus program. Weekly data from the Energy Information Administration, meanwhile, revealed a smaller-than-expected weekly climb in U.S. crude inventories, but …
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