McConnell blocks swift approval of $2,000 checks

McConnell blocks swift approval of $2,000 checks

Senate Majority Leader Mitch McConnell blocked an attempt by Senate Minority Leader Chuck Schumer to unanimously approve a House-passed bill to increase direct payments in the coronavirus relief package to $2,000 from $600. President Trump has pushed for larger stimulus checks after threatening to veto the year-end coronavirus relief and government funding legislation. Republicans including …

As 2021 approaches, watch out for a Y2K-style stock-market correction, says strategist

As 2021 approaches, watch out for a Y2K-style stock-market correction, says strategist

Welcome to the last trading week of 2020, a year we can’t see the back of fast enough. Stocks are higher after President Donald Trump signed that $900 billion stimulus bill, despite 11th hour demands for bigger relief checks. With just a handful of trading days before the year finishes, our call of the day …

House passes bill for $2,000 stimulus checks Now Ball is in Republican Controlled Senate

House passes bill for $2,000 stimulus checks Now Ball is in Republican Controlled Senate

https://youtu.be/-lxMta2qE88 (CNN)The House of Representatives on Monday passed a measure to increase stimulus checks for Americans under a certain income level to $2,000 after President Donald Trump championed the effort, sending the bill to the Senate where its future is less certain. The legislation, which passed with a 275-134 vote, comes a day after Trump …

UK variant linked to high viral loads, Neanderthal gene offers protection

UK variant linked to high viral loads, Neanderthal gene offers protection

The highly infectious COVID-19 coronavirus variant that has been circulating in Britain is linked to higher loads of the virus in the blood, according to a research report published on medRxiv on Sunday ahead of peer review. Around 35% of patients infected by the variant form had very high levels of the virus in their …

Investors Double Down on Stocks, Pushing Margin Debt to Record

Investors Double Down on Stocks, Pushing Margin Debt to Record

Chasing bigger gains, some have exposed themselves to potentially devastating losses through riskier plays, such as concentrated positions and trading options Some investors have been tempted to chase bigger gains—and have exposed themselves to potentially devastating losses—through riskier plays, such as concentrated positions, trading options and leveraged exchange-traded funds. Others are borrowing against their investment …

Trump signs massive measure funding government, COVID relief

Trump signs massive measure funding government, COVID relief

WEST PALM BEACH, Fla. (AP) — President Donald Trump signed a $900 billion pandemic relief package Sunday, ending days of drama over his refusal to accept the bipartisan deal that will deliver long-sought cash to businesses and individuals and avert a federal government shutdown. The massive bill includes $1.4 trillion to fund government agencies through …

Britain can take the lead in fintech as it shrugs off Brussels bureaucracy

Britain can take the lead in fintech as it shrugs off Brussels bureaucracy

https://youtu.be/F-IZou8U540 In recent years, our fintech sector has evolved at an incredible rate. Rather than going away as traditional banks would have hoped, younger financial players like Monzo, Starling, Revolut and TransferWise have matured into global brands in their own right, and formidable rivals for customers and their cash, putting pressure on the rest of …

The drug that gives ‘instant immunity’ to coronavirus

The drug that gives ‘instant immunity’ to coronavirus

UK trials new antibody therapy that can stop people who have been exposed to COVID becoming ill and it could save MILLIONS of lives across the globe https://youtu.be/I86AkjZo1xI Drug would offer immediate and long-term protection to patients when it would be too late to offer a vaccine It could be given as an emergency treatment …

Human remains reportedly found near Nashville explosion site

Human remains reportedly found near Nashville explosion site

Human remains have been found near the site of the Nashville Christmas Day explosion, according to reports.It’s not yet clear whether the remains are from someone connected to the blast or from a victim, CBS News and the Associated Press reported, citing law enforcement sources. Asked about the reports of remains during an evening press …