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Politics : President Joe Biden -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (2005)	5/27/2021 10:49:37 AM
From: Jamie153	Respond to of 12185

Republicans already gave Biden $300 billion for infrastructure and are willing to give him another $1 trillion. They went from less than $600 billion to $1 trillion (excluding the 300 billion) while Biden went from $1.9 to $1.7 trillion. Looking at just the numbers, it looks like Biden tastes blood.

To: i-node who wrote (2005)	5/27/2021 8:47:58 PM
From: bentway	Respond to of 12185

Another Jobs Milestone Pleases Investors Markets up as jobless claims hit a pandemic low By Newser Editors, Newser Staff Posted May 27, 2021 3:07 PM CDT newser.com (NEWSER) – More good news on the jobs front helped keep Wall Street (mostly) in positive territory on Thursday. The benchmark S&P 500 ticked up 4 points to 4,200, the Dow gained 141 points to 34,464, and the tech-heavy Nasdaq slipped a point to 13,736. Earlier in the day, the Commerce Department reported that weekly jobless claims dropped to a pandemic low of 406,000, reports the Wall Street Journal. Another sign of recovery: The economy grew at a solid rate of 6.4% in the first quarter, per the AP. But this being Wall Street, the good news was tempered with worry. “Now that we are moving along with the recovery, we’re dealing with some potential issues that include higher inflation,” Katerina Simonetti of Morgan Stanley Private Wealth Management tells the Journal. “Even though the Federal Reserve is going with the narrative that it is perhaps temporary in nature and it is post-Covid-recovery driven, it’s still a concern on a lot of investors’ minds.” CNBC, meanwhile, isn't expecting things to change much on Friday—it forecasts "muted" trading ahead of the Memorial Day holiday. (Read more stock market stories.)