Month: November 2020
U.S. Faces Biggest Week of 2020 With Election, Fed, Jobs Report
(Bloomberg) — The world’s biggest economy is entering a marathon week that spans a presidential election, a meeting of the Federal Reserve and the latest snapshot of the coronavirus-hit labor market.All have the potential to roil markets with the main event being Tuesday when Americans decide whether to re-elect President Donald Trump or back Democrat Joe Biden.Biden is leading in the polls, having pledged to ramp up government spending to pay for extending virus unemployment benefits and investing in projects such as infrastructure and green energy. The bill will be covered by higher debt and taxes on the wealthy and …read more […]