[NFA] President Donald Trump signed executive orders on Saturday partly restoring enhanced unemployment payments to the tens of millions of Americans who lost jobs in the coronavirus pandemic, as the United States marked a grim milestone of 5 million cases. Freddie Joyner has more.
Larry Kudlow is against Americans getting any further weekly payments of $600 as supplemental unemployment benefits. CNN reports the top economic adviser to President Donald Trump reasons, if you get paid more to stay at home than go to work, why would you go to work? I think it is a disincentive to go back to work. We think we can create a much better balance to provide incentives to come back to work.
President Donald Trump won't be able to delay proceedings in a defamation lawsuit filed against him by E. Jean Carroll. The move by a New York state Supreme Court judge on Thursday allows the longtime magazine columnist E. Jean Carroll to pursue his DNA sample. The DNA sample is needed as part of an effort to prove claims he sexually assaulted her in the 1990s.
Liberty University officials say Jerry Falwell Jr. is taking an 'indefinite leave of absence from his roles' as president and chancellor. The son of the late Jerry Falwell, Falwell Jr. is a top evangelical Christian personality in the US, and a prominent supporter of President Donald Trump. According to HuffPost, Falwell shared ― and then deleted ― a photo on Instagram in which his pants were unbuttoned and unzipped.
CNN says the US intelligence community's top election security official has made an interesting remark... ...That China "prefers" an outcome where President Donald Trump is not reelected in November. He also said Russia is working to denigrate former Vice President Joe Biden's White House bid.
Reuters US stocks closed down on Tuesday as investors mulled Senate Republicans' coronavirus stimulus package and a slew of earnings reports. The GOP continued negotiations on its initial fiscal relief plan throughout the day. The $1 trillion package includes another round of $1,200 payments and additional funds for small-business loans. Experts expect a long negotiation period as Republicans and Democrats spar over their respective proposals.
Congressional Democrats offered to reduce a proposed coronavirus aid package by $1 trillion if Republicans would add a trillion to their counter-offer, but President Donald Trump's negotiators turned them down on Friday as more talks ended without a deal.
U.S. President Donald Trump on Monday told reporters his longtime friend and adviser Roger Stone "wasn't given a fair trial" and said "we're getting rave reviews" for giving executive clemency to Stone.
[NFA] President Donald Trump commuted the sentence of his longtime friend and adviser Roger Stone on Friday, sparing him from prison after he was convicted of lying under oath to lawmakers investigating Russian interference in the 2016 U.S. election. Adam Reed reports.
RiverFront Investment's Chris Konstantinos says investors should get exposure to Europe partly because it has done a good job of containing the health crisis, enabling manufacturing to rebound. He tells Reuters' Fred Katayama why Germany is particularly attractive.
Homebound customers of Uber Technologies more than doubled their orders from the company's food-delivery service in the second quarter but demand for ride-hailing trips only marginally recovered from pandemic rock-bottom. Fred Katayama reports.
Crossmark Global Investments' Victoria Fernandez is still bullish about tech stocks, but she says investors should take some profits on the big names. She tells Reuters' Fred Katayama investors should put the proceeds into Walmart, McCormick and JPMorgan Chase.