McConnell Pursues New Virus Aid With Liability Shield Plan
Senate leader Mitch McConnell outlined a $1 trillion GOP package as eviction protections end and extra unemployment benefits lapse. He seeks five year liability protections retroactive to 2019 and targeted direct payments for low earners while Democrats push a $3 trillion rescue plan. The job market shows a partial recovery in May but remains far from pre pandemic levels amid resurgent cases. Senate schedule and state local aid debates frame the next relief push as deadlines loom.
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McConnell
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Stocks end mixed as pullback weighs on markets
Wall Street closed broadly lower after a overseas pullback amid a five day rally. The S&P 500 fell 1.1 percent to 3,145.32 while the Dow dropped 396.85 points to 25,890.18. Nasdaq slid 89.76 to 10,343.89 amid renewed caution as EU recession fears deepen. Russell 2000 lost 26.89, 1.9 percent, to 1,416. DETROIT The government safety agency probes fuel leaks in older Chevrolet Cobalt and HHR wagons affecting about 614,000 Cobalts from 2008-2010 and HHRs from 2008-2009.
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Roundup of gasoline leak complaints and EU growth forecast
The report notes 208 complaints from car owners about leaks from corroded metal fuel lines near the left rear wheel well. EU forecasts GDP contraction of 8.3 percent in 2020 with 5.8 percent growth in 2021 amid pandemic lockdowns and slow reopenings. Deutsche Bank agrees to a 150 million settlement over Epstein dealings, amid regulatory action and Epstein's death in custody.
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Paolo Gentiloni
New York
Deutsche Bank
Jeffrey Epstein
New York State
Linda A. Lacewell
Epstein
Lacewell
Manhattan
Ghislaine Maxwell
New York City
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