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The booming private credit market has delayed a recession, but the US is still at risk of a sharp downturn, chief strategist says
"We have widely incomplete data. The vast majority of the time in the last year it's been negativel…
Matthew Fox
Biden fired the Trump-appointed Social Security head amid complaints of stimulus check delays and union-busting tactics
Andrew Saul told the Post that he doesn't plan on stepping down and intends to show up to work on M…
Joseph Zeballos-Roig
Donald Trump renewed his calls for $2,000 checks, but it's unclear if he'll veto the bipartisan stimulus package
"Why would politicians not want to give people $2000, rather than only $600?" Trump tweeted Friday …
Juliana Kaplan
Billionaire Ray Dalio says Trump's halting of stimulus negotiations will be a 'significant negative' for the economy
The absence of what could have been nearly $2 trillion of stimulus will cause "a lot of stress" on …
Emily Graffeo
AOC says if Trump walks away from relief spending, the economy would be 'staring down the barrel' of one of the largest mass evictions in US history
Rep. Alexandria Ocasio-Cortez on Tuesday night said the US could experience problems with hunger un…
Shalini Nagarajan
The economic prospects of rich and poor Americans had long been diverging. The pandemic finally completed the break.
The pandemic worsened inequality so much it will take a decade for lower-income Americans to recove…
Juliana Kaplan
Trump's delay on signing the stimulus bill could have cost unemployed Americans $5.9 billion - but now new reporting suggests payments won't lapse as feared
Some 20 million workers risked missing a week's worth of stimulus funds, but the Department of Labo…
Andy Kiersz
These 2 issues are proving the biggest barriers in negotiations for a $908 billion COVID-19 stimulus deal
Democrats and Republicans are yet to agree on, first, liability shields for businesses, and second,…
Kate Duffy
Airline stocks drop after Trump ends stimulus talks
Airlines were expected to be large beneficiaries of the next stimulus package. On Friday Pelosi tol…
Emily Graffeo
Republicans want to pass a series of standalone stimulus bills. Here's what that means, and why it's unlikely to happen.
Republicans' past piecemeal stimulus strategies fell prey to intraparty disagreements and Democrat …
Ben Winck
New fiscal support will set up an economic boom in the second half of 2021, Evercore analysts say
"The current fiscal package is large enough to make a significant difference for individuals," Ever…
Emily Graffeo
A divided Congress lessens chances of more stimulus, but stocks will climb regardless of who eventually wins, Guggenheim's investment chief says
Scott Minerd says the Federal Reserve will likely help stocks rise over the long-term regardless of…
Emily Graffeo
The US is barreling toward the worst-case scenario for more stimulus relief — and the stock market could pay the price
Wall Street had its sights set on a blue-wave election result that would quickly usher in new stimu…
Joe Ciolli
Investors expecting 'constant bailout' from the Fed may be disappointed in 2021, BofA's top stock strategist says
"The idea that the market has grown dependent on this stimulus machine-that's going to be challenge…
Emily Graffeo
Here's what 5 Wall Street strategists are saying about November's weak jobs report
"The 6.7% unemployment rate grossly overstates the extent of improvement in the labor market," said…
Emily Graffeo
The US doesn't need extra stimulus in the economy for a V-shaped recovery, Trump adviser Kudlow says
Trump's economic adviser Larry Kudlow, said Tuesday: "I don't think the V-shaped recovery depends o…
Saloni Sardana
European stocks rebound as higher chance of US stimulus offsets gloom over explosion in COVID-19 cases
Daily cases in the UK have risen steadily since August, leading to stricter restrictions beginning …
Shalini Nagarajan
Fed's Kashkari warns of 'enormous consequences' if fiscal stimulus is not approved — and says there are no 'moral hazards' to supporting more aid
"There are enormous consequences if we just let things go, and the downturn will end up being much,…
Shalini Nagarajan
The Fed warned of 'tragic' consequences if the US didn't do more to support its economic recovery. Hours later, Trump killed talks about more stimulus.
Leaving the economy starved of stimulus is like "letting the forest fire burn," Minneapolis Fed Pre…
Ben Winck
The US economy can live with stimulus being delayed as long as it is implemented by early 2021, JPMorgan says
Relief spending could be pushed to after the elections because both Trump and Democrat challenger J…