by Jim Heath | Jul 6, 2020 | Business, coronavirus, Economy, Headlines
Forty lobbyists connected to President Trump have been hired to lobby on COVID-19 issues since the pandemic and secured over $10 billion in coronavirus relief aid for clients. The 40 lobbyists represented at least 150 clients, 27 of which received $10.5 billion in aid...
by Jim Heath | Jun 30, 2020 | Economy, Headlines, Wall Street
Wall Street capped its best quarter since 1998 Tuesday with more gains, a fitting end to a stunning three months for investors as the market screamed back toward its record heights after a torrid plunge. The S&P 500 climbed 1.5%, bringing its gain for the quarter...
by Jim Heath | Jun 24, 2020 | coronavirus, Economy, Headlines
The Disneyland theme park will not be reopening next month. The company today said it would not get state clearance in time for its proposed July 17 reopening of Disneyland Park and Disney California Adventure Park in Anaheim. It remains unclear when the park might...
by Jim Heath | Jun 23, 2020 | 2020, Economy, Headlines, Joe Biden, Trump
Financial advisory firm Signum Global Advisors is telling clients that it now believes the U.S. Senate is going to flip blue as presumptive Democratic nominee Joe Biden continues to surge past President Trump in the polls. In a note to Signum’s clients, Chairman...
by Jim Heath | Jun 10, 2020 | Economy, Headlines
The deficit in the first eight months of the 2020 fiscal year hit a record $1.9 trillion, surpassing the largest annual deficit on record, $1.4 trillion in 2009. Treasury Department data released today found that the deficit for May hit $399 billion, the second...
by Jim Heath | May 21, 2020 | 2020, Analysis, Battlegrounds, Economy, Electoral Map, Headlines, Joe Biden, Trump
President Trump could suffer a historic defeat in the fall if the economy doesn’t sharply recover from the coronavirus pandemic and the disease lingers. That’s according to an election model that has predicted the winner of the popular vote in 16 of the past 18...
