For the past month, the big talk has been about President Biden’s $2 trillion infrastructure plan. Of this, $621 billion will go into transportation infrastructure such as bridges, roads, and public transit. Another $300 billion will go into building affordable housing along with building and upgrading schools. This will bring an extensive amount of work […]
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A third round of stimulus checks could be just weeks away from approval. The original forecasted date is March 14th, however on Friday House Speaker, Nancy Pelosi said she aims to pass President Joe Biden’s $1.9 trillion stimulus package in two weeks. While there are still delays that may arise, if a bill were to […]
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Yesterday, Congressional leaders and Lawmakers reached a nearly $900 billion COVID-19 stimulus deal, including another round of stimulus checks and jobless benefits. After months and months of standoff, Washington has come to agreement just before Christmas where almost 12 million people are set to lose unemployment benefits. The new deal includes $300 to the federal […]
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The oil complex is trading much higher this morning due to a flurry of bullish headlines: increased chances of a federal stimulus package, weaker dollar, oil strikes in Norway, and the development of Tropical Storm Delta.
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Ever since WTI crude oil prices broke out above the $32/barrel level in May, we have been on a steady grind higher. The question is, will this continue?
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It’s been one week since the $600 unemployment stimulus ran out for many jobless Americans. In my blog, “Time is Running Out,” I discussed how Congress was working to put together a bill that extend these benefits and yet we still do not have a bill as partisanship persists.
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With the current stimulus relief package that was put in place at the start of the pandemic set to expire today, Congress has yet to pass another relief package. After last efforts to extend the $600 stimulus failed Thursday and the Senate gone for the weekend, millions of Americans are left with much uncertainty moving […]
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Earlier this week the United States Senate passed a nearly $500 billion coronavirus ‘Phase 3.5’ relief bill that would replenish the small business rescue program known as the Paycheck Protection Program (PPP). Along with this, $75 billion will go to hospitals to implement a nationwide COVID-19 virus testing program as well as research funding to […]
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