Lukas Jackson/Reuters US stocks closed mixed on Thursday amid falling jobless claims and new hopes for a stimulus deal. The Nasdaq composite closed at all-time highs, while the S&P 500 lost its record close in the final hour of trading. New weekly claims for unemployment insurance totaled an unadjusted 712,000 for the week that ended Saturday. Economists surveyed by Bloomberg expected a reading of 775,000.
Addressing a gathering in Madhya Pradesh's Sehore on December 03, Chief Minister of Madhya Pradesh, Shivraj Singh Chouhan spoke on farmers' protest. Chouhan said, "Congress has always opposed farmers. They are distressed and are looking for some chaos. It was the same Congress that instigated farmers in Neemuch and Mandsaur and fanned violence." "We will not let Congress do this at any cost in Madhya Pradesh," he added.
On Wednesday, Democrats will pick up a Senate seat when former astronaut Mark Kelly is sworn in as a US senator for Arizona. Kelly defeated Republican Sen. Martha McSally last month. Other senators-elect will have to wait until January to be sworn in for the new Congress. CNN reports that Kelly is able to take the oath of office right away since he won a special election. The swearing-in is slated to take place Wednesday afternoon.
[NFA] A bipartisan group of U.S. senators and members of the House of Representatives on Tuesday proposed a $908 billion COVID relief bill that would fund measures through March 31, but it hasn't been embraced by the White House, Senate Majority Leader Mitch McConnell or House Speaker Nancy Pelosi. Colette Luke has more.
SAD leader and former Punjab CM Parkash Singh Badal returned his Padma Vibhushan award on Thursday. The five-time former CM returned his Padma award in protest against the new farm laws. SAD, one of the oldest constituents of NDA, had snapped ties with BJP in September 2020. SAD pulled out of the alliance to protest against the agriculture laws enacted by Centre. In a letter emailed to President, Badal listed his reasons for feeling 'hurt and betrayed'. He regretted that the union govt remains indifferent to sufferings of the farmers. Badal felt apologetic that the pleas of farmer friendly parties like SAD were mocked. Incidentally, SAD (Democratic) chief Sukhdev Singh Dhindsa also returned his Padma Bhushan. The Rajya Sabha MP was presented the Padma Bhushan award by President Kovind in March 2019. Dhindsa parted ways with SAD after political differences with chief Sukhbir Singh Badal.
Credit: HT Digital Content Duration: 01:52Published
Haryana agriculture minister made a big claim while calling farmer protests illegitimate. Jai Parkash Dalal said that China and Pakistan are behind the ongoing protests. Dalal said some foreign powers 'do not like modi's face'. He said, “In the name of farmers, many people... Foreign powers like China, Pakistan, and other enemy nations are trying to destabilise (the country). Modi was not forcefully crowned king. PM Modi was given the mandate by the people. He still has the people's support.” The BJP leader made the claim even as Centre talks to protesting farmers. Another round of talks is scheduled on December 3 after December 1 talks remained inconclusive. Watch the full video for more details.
Credit: HT Digital Content Duration: 03:21Published