FED’S BARKIN: NEED FISCAL PACKAGE TO SUPPORT US CONSUMER, RECOVERY

NEW YORK (MaceNews)– Consumer spending and the economic recovery are vulnerable if Congress and the president fail to deliver another round of federal relief spending,Richmond Fed President Thomas Barkin said Tuesday. Barkin, responding to questions during an online event hosted by the Center for Regional Competitiveness, said consumption, especially by blue-collar workers with a high […]

GERMANY’S ECONOMIC OUTLOOK IMPROVES IN AUGUST, BEATING EXPECTATIONS

ZURICH (MaceNews) – The outlook for Germany’s economy improved in August after a modest decline the previous month, surpassing expectations for a slight decline from the previous month, while the assessment of the current situation was slightly worse. The ZEW indicator of economic sentiment for Germany rose to 71.5, an improvement of 12.2 points from […]

TUESDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is the White House public schedule” DAILY GUIDANCE AND PRESS SCHEDULE FOR TUESDAY, AUGUST 11, 2020 12:30PM – The president participates in a phone call with America’s sheriffs. Oval Office Closed Press — Content may appear first or exclusively on the Mace News premium service. For real-time email delivery contact […]

STATUS CHECK: BAD VIBES ACCUMULATE RE CHINA

WASHINGTON (MaceNews) – The following is Monday’s status check of developments in the U.S. that can influence economic, health and political outcomes: A new week filled with echoes of last week. Weekend rioting, Chicago after midnight looted stores. A police shooting in the afternoon and mistaken rumors about that shooting was the spark. There was […]

MONDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Monday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, AUGUST 10, 2020  EDT  11:00AM                             In-House Pool Call Time  12:30PM                          THE PRESIDENT has lunch with the Vice President Private Dining Room Closed Press  2:00PM                          THE PRESIDENT receives his intelligence briefing Oval Office Closed Press Briefing Schedule 1:00PM                          Press Secretary Kayleigh McEnany holds a briefing James S. Brady Briefing […]

TRUMP SIGNS 4 EXEC ORDERS, DEFERRING PAYROLL TAX, EXTENDING EVICTIONS MORATORIUM

By Denny Gulino WASHINGTON (MaceNews) – Combining campaign promises with executive orders of questionable legality, President Trump Saturday said he is deferring payroll tax collections  through the end of the year for pay of $100,00 or less and if re-elected, will “terminate” the tax. In his second televised appearance at his Bedminster, N.J. golf resort […]

SATURDAY’S WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Saturday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORSATURDAY, AUGUST 8, 2020  EDT 2:30PM                    In-House Pool Call Time  4:35PM                       THE PRESIDENT departs Bedminster, NJ, en route to Southampton, NY Bedminster, NJ     Closed Press  5:35PM                       THE PRESIDENT arrives at Southampton Landing Zone Southampton, NY     Out-of-Town Travel Pool  5:45PM                       THE PRESIDENT departs Southampton Landing […]

BOE DEFENDS FORECASTS AS AGENTS QUERY OPTIMISTIC ASSUMPTIONS

By Laurie Laird LONDON (MaceNews) – Top Bank of England officials Friday reiterated the downside risks to forecasts of a smart economic rebound under questioning from the BoE’s regional representatives about the Bank’s baseline forecasting assumptions.  The central forecast released Thursday “is sensible,” albeit with “very substantial” downside risk, said Governor Andrew Bailey, addressing a […]

DATA FLASH: US JULY PAYROLLS RISE BY 1.76 MLN, UNEMPLOYMENT RATE 10.2%

-COVID-Hit Sectors Lead Gain; Hourly Earnings Up 0.2%, Up 4.8% Year/Year By Kevin Kastner WASHINGTON (MaceNews) – The July employment report reflected continued improvement in the economy, but the rate at which the U.S. is digging out the hole it fell into in March and April clearly slowed. That recovery is likely to be hindered […]

STATUS CHECK: HOLD HANDS AND REPEAT: YES, THERE WILL BE VIRUS RELIEF LEGISLATION

WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes: Now at the top of the agenda, the negotiations that went another three hours, breaking up at a late hour in House Speaker Pelosi’s office on that legislation restoring some kind of enhanced […]