Economy

“Trump to fight coronavirus economic impact with payroll tax cut proposal and other programs”

“President Trump and his coronavirus task force spoke to the nation again Monday night and spoke of  “major” and “very dramatic” economic plans as a result of the coronavirus outbreak. Trump said he would go to Capitol Hill on Tuesday and ask for Congress to approve a… Continue Reading…

Economy

“…economy is really experiencing a middle-class boom — this data doesn’t lie”

“I recently wrote op-eds that ran in the Wall Street Journal and on these pages that showed median household incomes under Donald Trump have soared from $61,000 to an all-time high of $66,000 in less than three years… The $5,003 rise in middle-class incomes… Continue Reading…

Economy

“[P.O.T.U.S.] Says China to Boost Farm Spending to Up to $50 Billion”

“China will at least double its spending on U.S. agriculture as part of a partial trade accord between the two countries that’s likely to be well received by crop traders when markets reopen. Under terms of the arrangement, spending will… Continue Reading…

Banking, Business, Economy

“[P.O.T.U.S.] Calls for a Big Fed Rate Cut, Again Criticizes Central Bank Chairman”

“President Trump on Monday called for the Federal Reserve to sharply cut interest rates and again criticized the central bank’s chairman for a “horrendous lack of vision,” while reiterating his belief that the U.S. economy is strong.” https://www.wsj.com/articles/trump-calls-for-a-big-fed-rate-cut-again-criticizes-central-bank-chairman-11566230832

Economy, Investing, Stocks

“Stocks open higher as bank shares rally, Trump-Xi meeting ahead”

“Stocks opened higher on Friday as bank shares got a boost after the release of the Federal Reserve’s stress test results while investors looked ahead to a key meeting between President Donald Trump and Chinese President Xi Jinping. The Dow… Continue Reading…

Economy, Real Estate

“Democrats, Trump Agree to Aim for $2 Trillion Infrastructure Package”

“Democratic congressional leaders said President Trump agreed to aim for a $2 trillion infrastructure package in a White House meeting on Tuesday, though the two sides didn’t discuss how it would be paid for, and Capitol Hill Republicans are unlikely… Continue Reading…

Economy, Personal Finance

“Only 17 Percent of Americans Think They’re Benefiting From Trump’s 2017 Tax Cut”

“Despite the fact that about 80 percent of Americans are expected to receive tax cuts this year under Trump’s 2017 tax bill, only 17 percent believe they’re benefitting financially, according to a new poll cited Monday by CNBC… For most… Continue Reading…

Banking, Business, Economy

“[The President] says he will nominate Fed critic Stephen Moore for central bank appointment

“In an interview earlier in the day, Moore said he had not been contacted at that point about an appointment. “I could just say that I’ve been talking to some people about it, but I’ve not been formally offered a… Continue Reading…