The statement comes as Biden has touted Wall Street’s support for key components of his agenda — such as his housing plan for rapid low-income development in suburbs — and while Wall Street executives are opening their pocketbooks for his ticket with Sen. Kamala Harris (D-CA).
“I included, and encouraged Black voices during the entire Wall of Moms viral process,” Barnum said in a statement. “I believe that the BLM movement is the most important fight of our time. I know it’s not the only fight though… After everything, I have only love for everyone going forward because we need everyone […]
Opinion on Prime Minister Johnson’s ability to control migration has waned over the summer months, with record waves of illegal boat migrants making their way to Britain by crossing the English Channel from France, with over 5,600 illegals arriving since the start of the year.
Joe Biden will mount an “FDR-size” presidency that remakes America’s energy grid, revives organized labor, turns housing into an entitlement, soaks the rich, and expands the welfare state while reaching across the aisle to find bipartisan solutions to America’s problems. He will get the U.S. to net-zero emission by 2050 while protecting Pennsylvania’s fracking industry. […]
“They basically said, ‘Listen, this is just an exercise to keep the Warren people happy, and don’t read too much into it,’” said one investment banker, referring to liberal supporters of Sen. Elizabeth Warren (D-Mass.). The banker, who spoke on the condition of anonymity to describe private talks, said that message was conveyed on multiple […]
Tesla Inc plunged 18.3% and was set for its worst day in nearly six months after the electric-car maker was excluded from a group of companies being added to the S&P 500.Still, market participants said they did not expect a prolonged sell-off against the backdrop of an accommodative monetary policy by the Federal Reserve, which […]
A part of the recent climb in the VIX has to do with how VIX futures and the spot index converge at monthly futures expiration dates. With the U.S. election nearing, there is a big gap between the VIX, which only covers a 30-day period, and longer-dated futures that cover the election.
The retreat followed yet another bad day on Wall Street. The Nasdaq (COMP) closed down 4.1% Tuesday and fell into correction territory — defined as a 10% drop from its most recent peak. The S&P 500 (SPX), the broadest measure of the US stock market, closed down 2.8%, and the Dow (INDU) ended down 2.3%, […]
The cost for the “current maintenance” at the Lansing residence, which was recommended by the Michigan State Police and the state Department of Technology, Management and Budget, is about $1.1 million, Brown said. It’s being paid for with funds from the executive office budget, she added.
Any major corrections in U.S. stock market, where there is a relative big tech bubble following stellar gains, would also put pressure on China’s start-up firms and wider tech players, Luo said.