Month: November 2020

Wealth Inequality Made The Recession Worse getty Senate Majority leader Mitch McConnell (R-KY) said that an economic stimulus bill will be a top priority after the election. Such a bill could contain money for struggling families and businesses and possibly some assistance to state and local governments. A quick, substantial boost to people’s incomes is
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SpaceShipTwo spacecraft Unity during a glide flight test in New Mexico. Virgin Galactic Space tourism company Virgin Galactic reported third quarter results on Thursday with an increased loss as the company looks to fly two more test spaceflights to finish its development program. “During the quarter we made good progress completing the final steps to
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Arizona Secretary of State Katie Hobbs told CNBC that “there is absolutely no merit to any claims of widespread voter fraud in Arizona,” as Maricopa County poll workers continue to count election ballots.  With the count still underway in several battleground states, President Donald Trump has accused the Democrats of trying to steal the election
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Institutional Investor Hall of Famer Richard Bernstein sees troublesome activity within the market surge. His problem: Big Tech is the main driver. “Narrow leadership is an end-of-cycle event,” the Richard Bernstein Advisors CEO and CIO told CNBC’s “Trading Nation” on Thursday. According to Bernstein, it’s a compelling reason to get cautious. “You want it to be
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CNBC’s Jim Cramer said Thursday that investors are cheering the prospect of Democrat Joe Biden becoming president because Biden would provide more stability than President Donald Trump. Stocks were surging Thursday, building on Wednesday’s post-election rally despite the absence of a winner in the presidential race. At present, Biden holds an advantage in the Electoral
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