Rand Paul Criticizes McConnell's Support for Standalone Foreign Aid Bill
10 February 2024
4062
Paul vs. McConnell In a scathing critique, Sen. Rand Paul (R-Ky.) lambasted Senate Minority Leader Mitch McConnell (R-Ky.) on Friday for his steadfast support of the controversial Plan B foreign aid bill. Paul denounced what he termed McConnell's "o...
US includes bill to ban government from using TikTok
20 December 2022
4033
TikTok for government A provision banning US government employees from using the social networking app TikTok on work devices has been included in the US government's fiscal 2023 funding bill. According to the bill published on ...
U.S. debt default could trigger another recession
6 October 2021
3653
What a US debt default would mean for the market Congress is approaching the mid-October deadline to raise or suspend the debt ceiling, but Democrats and Republicans on Capitol Hill are in a sta...
Vandals vandalised houses of Democratic and Republican leaders in the U.S.
3 January 2021
3194
Tainted homes of Democrat leaders In the US, vandals attacked the homes of Democratic and Republican leaders in the US Congress. The attackers actions were a response to another failed attempt by US lawmakers to agree on economic stimulus measures ...
U.S. senators postpone vote to increase payments to Americans
31 December 2020
3430
Vote on payments postponed Republicans in the US Senate blocked a bill passed by the House of Representatives (HOR) to increase payments to Americans from six hundred to two thousand dollars. It is about personal a...
Nikkei down but up for the year
30 December 2020
3270
Index rises on year-end Japan's Nikkei index ended the last trading session of the year in a decline, having retreated from more than 30-year peak reached the day before due to profit taking. At the same time, the index was up for the second time in...
Oil prices rose due to reduction in U.S. inventories
30 December 2020
3321
US stockpile cuts and oil price rises Oil rose on Wednesday as hopes of US stimulus and a reduction in US inventories supported prices. Brent crude futures rose 0.18 per cent to $51.18 a barrel, while WTI added 0.33 per cent to $48.16 a barrel. Oi...
$900 Billion COVID-19 Stimulus Deal Reached in Congress
21 December 2020
3577
Congress leaders reach a deal on almost $1 trillion relief bill, Republican Senate Majority Leader Mitch McConnell reported on Sunday. “More help is on the way,” McConnell said in Senate regarding pandemic aid measures. The comments pro...
Asian market rises on expectations of stimulus in the U.S.
17 December 2020
3264
Asian markets rally Asia-Pacific stock indices were broadly up on Thursday morning as they continue to wait to see whether the US Congress can come to a consensus on the latest stimulus measures. Japan's Nikkei 225 index was up 0.09% by 9:56pm ET (...
State and Local Budget Pain Looms Over Economy’s Future
14 August 2020
3522
Providing more aid to struggling governments has become one of the biggest issues tangling up the debate over another pandemic rescue package. The U.S. economy struggled to shake off the last recession, with historically slow growth and a labor mark...
Businesses Want Virus Legal Protection. Workers Are Worried
14 June 2020
3547
When Jonathan Corpina, a senior managing partner at Meridian Equity Partners, returned to work on the floor of the New York Stock Exchange in late May, he was met with temperature screenings, hand sanitizer stations, plexiglass barriers &md...
Senate votes to increase legal protections to targets of surveillance court
14 May 2020
3653
The Senate on Wednesday passed an amendment to provide additional legal protections to targets of Foreign Intelligence Surveillance Act warrants and nearly approved new restrictions on the federal government's power to search internet histo...
Coronavirus: Congress passes $484bn economic relief bill
24 April 2020
1911
The US Congress has passed a new Covid-19 relief package totalling $484bn (£391bn), the fourth aid bill to clear Congress in response to the pandemic. The legislation, approved 388-5 by the House of Representatives, tops up a small business ai...
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