Congress negotiators inch toward weekend session on $1 trillion relief package
Capitol Hill haggle over a nearly 1 trillion COVID relief bill tightens tempers as lawmakers push for a weekend session and a stopgap spending plan to avert a partial government shutdown. Key aid includes 300 billion for business, 600 direct payments, extended jobless benefits, vaccine funding, renter aid, and postal service support.
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Washington
Capitol Hill
Senate
Mitch McConnell
Biden
John Thune
South Dakota
Stocks of Local Interest Market Update Brief
Nasdaq rises to 12764.75 and Dow edges up to 30303.37 as traders track shifts in local shares and indexes with recent gains. Market watchers note small gains in blue chip components and cautious sentiment amid volatility.
US jobless claims rise to 885,000 amid COVID resurgence
The Labor Department reported 885,000 initial unemployment claims for the latest week, up from 862,000, signaling ongoing strain on the job market nine months after the pandemic began. However, continuing benefits fell to 5.5 million as some workers exit aid while new infections surge and restrictions tighten activity.
MENTIONED IN THIS ARTICLE
Joe Biden
Washington
Labor Department
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CMS Energy Corp
CMS
Fifth Third Bancorp Fite
Echo
Ford Motor Company
General Electric
Gentex Corp
GNTX
Huntington Bank Hban
Illinois Tool Works Inc
ITW
Johnson Controls Jci
Macatawa Bank Corp
MCBC
Magna International Mga
Mercantile Bank Corp Mbwm
Herman Miller, Inc. Mlhr
Spartan Nash Steelcase Inc
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Tennant Company Tnc
Whirlpool Corp
WHR
United States
Thefmw.com
Alpen Rose
Rei
Jeren
Scallevan Credit Quinon Hing
Otis
Rowntown
Hathaway Cottage
Cosmetology Academy
Ahtts
Hollandsentinel.com
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