There was drama Friday in the Senate’s vote-a-rama. What Democrats had billed as the last step before Senate passage of the massive $ 1.9 trillion coronavirus economic package — a marathon series of rapid-fire amendment votes called vote-a-rama that was expected to last into Saturday — stalled out early, raising …
Read More »Market Snapshot: Dow rises, but tech stocks slip as ‘reflation trade’ grips Wall Street after Democrats flip Senate seat
U.S. stocks mostly shook off early losses to trade higher Wednesday, though technology sector stocks remained lower, after Democrats scored at least one U.S. Senate seat in run-off elections in Georgia Tuesday, bringing the possibility of regulation and higher corporate taxes. How are stock benchmarks performing? The Dow Jones Industrial …
Read More »: Warnock wins Georgia Senate race, AP projects, as second runoff goes down to wire
Raphael Warnock won one of two Senate runoffs in Georgia early Wednesday, according to the Associated Press, bringing Democrats a seat closer to a Senate majority. The AP called the race for Warnock over GOP Sen. Kelly Loeffler at about 2 a.m. Eastern. Results were continuing to come in from …
Read More »NewsWatch: Here’s why the Georgia runoff elections for the U.S. Senate could turn into a ‘big deal’ for markets
MARKETWATCH FRONT PAGE The looming Georgia runoff elections next Tuesday could inject volatility in a high-flying stock market that has mostly looked past politics in favor of the brighter economic outlook next year. See full story. Yes, it’s possible to save too much for retirement You may miss out on …
Read More »Stacey Abrams, who may hold key to Democrats’ chances in Senate runoffs, campaigns at virtual get-out-the-vote rally
Former Georgia Democratic gubernatorial nominee Stacey Abrams may or may not be gearing up for another run at the governorship in 2022, but these days she is receiving wide credit for the record voter turnout that delivered the state to a Democratic presidential candidate for the first time in three …
Read More »Georgia Republicans try to keep fissures from developing over Trump’s loss ahead of U.S. Senate runoffs
A previous version of this report incorrectly described Chuck Schumer as the majority leader of the Senate. He is the minority leader. The story has been corrected. Ronna McDaniel, chairwoman of the Republican National Committee, has vowed to spend a lot of time in the Peach State. Mandel Ngan/AFP/Getty Images …
Read More »The Senate Hearing is a Sham
The senate hearing for Amy Coney Barrett has me on edge. The size and makeup of her family doesn’t impress me, nor does it interest me. I don’t find it qualifying or disqualifying. There are a whole lot of other things about this rushed, forced, sham of a confirmation hearing …
Read More »Capitol Report: McConnell, Rubio support House bill changing Paycheck Protection Program, but other Senate Republicans raise concerns
Some key Senate Republicans are throwing their support behind a bipartisan House bill that would give small businesses more time to use Paycheck Protection Program loans and let borrowers spend less of their loan proceeds on payroll, but other GOP senators have concerns about the measure, potentially preventing swift action …
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