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GOP Leader McCarthy May Institute Ban On Lawmakers Trading Stocks If Republicans Retake House

January 11, 2022 RickMad Comments Off

MarketWatch.com: The move would be in contrast to Speaker Pelosi’s defense of congressional stock trading. House Minority Leader Kevin McCarthy is considering instituting a ban on lawmakers holding and trading stocks of individual companies, if […]

White House beginning to Tell Government Agencies to Prepare For a Shutdown

September 24, 2021 Alyssa Comments Off

NBCNews.com: The White House has started to tell government agencies to prepare for a potential government shutdown if a stopgap bill is not signed into law by Sept. 30. “We are taking every step we […]

Economy

Analysis-US Stock Investors Face Recession Fears As They Bid Good Riddance To 2022

YahooFinance.com: NEW YORK (Reuters) – A rough year for U.S. stocks is winding down, but the market’s pain may be far from over, as investors brace for an expected recession [...]
Economy

U.S. Economy Added 943,000 Jobs in July, Unemployment Rate Fell to 5.4%

Wallstreetjournal.com: A strengthening U.S. labor market added cushion to the economic recovery in July ahead of the Delta variant threat, with employers creating jobs at the best pace in nearly a [...]
Housing Market

Those Who Can’t Afford a Single-Family House Are Increasingly Turning to Build-To-Rent Communities

Realtor.com: Many renters crave the extra bedrooms, laundry facility, and backyard big enough for a pair of swings and a slide that single-family houses provide. But they’re facing a for-sale [...]
Real Estate

Evergrande Has Finally Defaulted: Here’s What Happens Next

ZeroHedge.com: This is the way Evergrande ends: not with a bang but a whimper. Three months after an initial shockwave of fear that China’s largest and most indebted property developer [...]
Economy

Bad Economic News Is Good News For Stocks. When Will That Change?

MarketWatch.com: With second-quarter earnings season now largely behind the market, stock investors have been focusing on the latest economic data and for the most part been reacting positively to “bad [...]
Economy

From Zippers to Glass, Shortages of Basic Goods Hobble U.S. Economy

Reuters.com: For Lauren Rash, it’s the little things that have snarled production at her tent factory here, like the many shades of black Velcro. Advertisements Advertisements Her company, Diamond Brand, just launched [...]