STATUS CHECK: A MARKETS PULLBACK AND A PRESIDENTIAL PUSHBACK
WASHINGTON (MaceNews) –-The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes: So severe was the day’s stocks pullback that the Nasdaq – pulled down 4.96% – was the lowest it’s been since … Tuesday a week ago. After so many record highs, how serious was […]
FRIDAY WHITE HOUSE SCHEDULE
WASHINGTON (MaceNews) – The following is Friday’s publlic White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, SEPTEMBER 4, 2020 EDT 9:00AM In-House Pool Call Time 11:00AM THE PRESIDENT greets the President of the Republic of Serbia and the Prime Minister of the Republic of […]
FED’S EVANS: ‘PARTISAN POLITICS’ THREATENS FISCAL RELIEF; POSES ‘SIGNIFICANT DOWNSIDE RISK’
NEW YORK (MaceNews) – Political wrangling threatens needed fiscal support for the U.S. economy, and poses a big downside risk, Chicago Fed President Charles Evans said Thursday. In unusually blunt language, Evans called out politicians for lack of action, saying the expiration of an array of federal programs threatens the recovery, and that more fiscal […]
DATA FLASH: US INITIAL CLAIMS FALL ON TECHINICAL FACTORS
–-Initial Claims -130,000 to 881,000, No Mention of Hurricane Laura–July Trade Gap Widens to 12-yr High $63.6 Billion; Sharp Gain in Imports–Nonfarm Productivity Revised Up on Smaller Output Plunge By Kevin Kastner WASHINGTON (MaceNews) –Initial claims fell by 130,000 in the August 29 week to a level of 881,000, well below the 958,000 level expected and […]