Oil Jumps, Powered by Biden Stimulus After Early Week Slide 

© Reuters. By Barani Krishnan   Investing.com — Oil was back in rally mode on Thursday, after an early week stumble, as President Joe Biden signed his Covid-19 relief bill into law, sending prices of stocks and commodities ripping on the promise of vaccinations and economic reopening. Biden’s $ 1.9 trillion stimulus, one of the largest […]

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Senate Passes Stimulus Bill, China Slumps, Attack on Saudi – What’s up in Markets

© Reuters. By Geoffrey Smith  Investing.com — The U.S.’s $ 1.9 trillion stimulus package is set to be formally approved this week after the Senate passed it with minimal amendments on Saturday. Bond yields are on the rise again as a result, and stocks are set to open lower. China’s tech wreck continues as the […]

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Biden says ‘time to act’ on $1.9 trillion stimulus

Biden urges Senate to pass legislation Biden called on the Senate to quickly pass the $ 1.9 trillion stimulus package after it cruised through the House. “It’s time to act,” he said on Saturday, noting that an “overwhelming” percentage of Americans support the bill. “We have no time to wasted.” The bill will provide $ […]

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Asian markets offer mixed signals as investors juggle stimulus, pandemic

© Reuters. FILE PHOTO: Screen displays Nikkei share average and stock indexes outside a brokerage in Tokyo By Pete Schroeder WASHINGTON (Reuters) – Asian markets pointed to a mixed open on Wednesday, as investors juggle the prospects for an economic comeback and additional stimulus with continued pandemic concerns. Australia’s benchmark was up 0.06% in early […]

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Global spending on green economic stimulus slowly tracking upwards: study

© Reuters. FILE PHOTO: A peaceful scene of winter in Austria’s mountains By Matthew Green LONDON (Reuters) – Massive post-pandemic stimulus packages are mostly failing to support action to tackle climate change or halt the loss of biodiversity, but the amount of green spending is slowly tracking upwards, according to a study https://643e8587-b887-4b39-86d3-edefb98f6abf.usrfiles.com/ugd/643e85_ff2e6bc7fbd242e7bcb50d05b7219e8b.pdf published on […]

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Nasdaq, S&P 500 gain on tech stocks, hopes for more stimulus

© Reuters. FILE PHOTO: New York Stock Exchange opens during COVID-19 By Herbert Lash NEW YORK (Reuters) – The Nasdaq and eked out modest gains on Thursday with investors betting on more fiscal stimulus, but U.S. President Joe Biden said China was poised to “eat our lunch,” a warning that tempered enthusiasm for a market […]

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Gold Up, Receives Continuous Boost from Weak Dollar and U.S. Stimulus Progress

© Reuters. By Gina Lee Investing.com – Gold was up on Wednesday morning in Asia, with a weak dollar and growing expectation of further U.S. stimulus measures continuing to give the yellow metal a boost. were up 0.31% at $ 1,843.25 by 11:20 PM ET (4:20 AM GMT) The was down on Wednesday after dropping […]

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Stimulus Detail, CPI, Uber Earnings, Oil Keeps Rising – What’s up in Markets

© Reuters By Geoffrey Smith  Investing.com — House Democrats reaffirm plans to go big on stimulus, the Senate votes to allow the trial of Donald Trump to proceed, inflation data are under the microscope in the U.S. and China, Uber reports earnings as Lyft (NASDAQ:) promises – well – lift-off, and oil keeps rising as […]

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In meeting with business leaders, Biden backs stricter income limits for stimulus checks

4/4 © Reuters. FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago 2/4 By Jeff Mason and Alexandra Alper WASHINGTON (Reuters) – President Joe Biden said on Tuesday he agreed with a proposal by Democratic lawmakers that would limit or phase out stimulus payments to higher-income individuals as part of his […]

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