This is boom bust the one business show you cant afford to miss. In washington coming up extra Unemployment Benefits are running out for millions of american congressional negotiations stalled for the next relief bill and we take a look at the hard hit Restaurant Industry to see how workers and Small Business owners are hoping to shut down for now limited capacity we have a lot to get to so lets get started. A looming deadline for democrats and republicans as unemployment aid expires admin night on friday while the Senate Republicans want to decrease those 600. 00 per week to 200. 00 but democrats that will theyre not settling for less parties are clashing on several sides including Liability Protections for businesses and schools and funding for state and local government now this comes as applications for Unemployment Benefits increased for the 2nd. Straight week in the week ending on july 18th the number of people receiving those jobless aid well they increased by 867000 bringing th
Government now this comes as applications for Unemployment Benefits increased for the 2nd straight week in the week ending on july 18th the number of people receiving those jobless aid well they increased by 867000 bringing that total to 17000000 americans earlier this Week Senate Republicans released a nearly one trillion dollar relief package of their own this was to counter the 3 trillion dollars package that the House Democrats passed back in may talks are scheduled to resume through the weekend but a deal still seems pretty far from sight. Commodities in crypto markets are heating up around the world as traditional equity markets take a breather from their epic rally last quarter well it seems like we are seeing a big asset rotation coming on in the boom bust cohost Christine Christie chinese regulators theyre rushing to curb Precious Metals trading in order to temper speculation how dangerous is this for. Or the speculative market well this could be very dangerous especially when
Includes another one time stimulus check providing up to 1200. 00 in aid to qualifying americans and pledges over 100000000000. 00 to School Reopening the senate bill also slashes enhanced Unemployment Benefits from 600. 00 per week to 200. 00 until october when the federal boost will then reportedly be replaced with a system to recover 70 percent of workers wages but as the democrats and republicans fight over what to include in the latest stimulus package 30000000. 00 americans remain unemployed and the moratorium has expired on rental of actions they were implemented under the cares act a new eviction estimation tool based on census responses predicts that over 17000000. 00 households are currently unable to pay rent nearly 12000000. 00 of which could be evicted over the next 4 months. Just what do you want to see in the next stimulus package because the last one left a lot of people hanging well. Lets go. In that adam moment 1st of all weve got to go to the system you have a system
A role or legal obligation and role responsibility plays a major role on sesame street and the mr rogers neighborhood it doesnt appear to exist at all here in washington d. C. Because fresh up the news of one of the worst contractions of the economy in u. S. History with millions upon millions upon millions of folks facing joblessness the victims of potential sickness or even death thanks to a Global Pandemic the United States congress the senate in particular has decided to take a 3 day weekend no im not making it up yes Chucky Schumer Mitch Mcconnell an arrest and decided to take friday the 31st of july off despite the fact that the covert 19 emergency 600. 00 weekly federal Unemployment Benefits expires and you guessed it friday the 31st of july all but guaranteeing that tens of millions of americans will see. Their incomes drop by 50 to 75 percent with another rent payment due in just 24 hours so while Mitch Mcconnell is resting his corporate job on a mint julep in his old kentucky
Start watching the whole us. To. Get the. Real thing we. Need to do. What they like you know that i got. With. This. Because. Well them im going to watch a robot and im to have a. Man they do you brought this story to my attention this morning and its a doozy to think that like yours is British Intelligence officer that or in this part time but also theres like major executive about a tauriel of twitter thats thats incredible and you know apparently mcmillans involvement with the something some group was made public what he disclosed to of all places on his linked in page. Absolutely insane the british army by the way did the client to disclose anything about mcmillans duties with the 77th grade or say whether or not you know twitter helps with it or are involved in it theyre basically saying you know we know nothing we can say anything like nothing at all usual the usual. Herbal. Confirmation or didnt write well twitter responded a spokesperson from twitter had told the independent th