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- Amol2021Amol2021
  ·2021-04-07
  Below 650 is a good buy
  非常抱歉，此主贴已删除
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- Amol2021Amol2021
  ·2021-03-18
  Not bad..
  U.S. weekly jobless claims total 770,000, higher than estimate
  (March 18) U.S. weekly jobless claims total 770,000, vs 700,000 estimate.U.S. new weekly jobless cla
  U.S. weekly jobless claims total 770,000, higher than estimate
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- Amol2021Amol2021
  ·2021-03-12
  Print more $$ bill
  Biden Signs $1.9 Trillion Bill, Teeing Up Aid as Soon as Weekend
  President Joe Biden on Thursday signed the $1.9 trillion pandemic-relief bill into law, capping his
  Biden Signs $1.9 Trillion Bill, Teeing Up Aid as Soon as Weekend
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bad..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/327128051","repostId":"1178854094","repostType":4,"repost":{"id":"1178854094","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616070820,"share":"https://ttm.financial/m/news/1178854094?lang=&edition=full","pubTime":"2021-03-18 20:33","market":"us","language":"en","title":"U.S. weekly jobless claims total 770,000, higher than estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=1178854094","media":"Tiger Newspress","summary":"(March 18) U.S. weekly jobless claims total 770,000, vs 700,000 estimate.U.S. new weekly jobless cla","content":"<p>(March 18)&nbsp;U.S. weekly jobless claims total 770,000, vs 700,000 estimate.</p><p>U.S. new weekly jobless claims unexpectedly rose last week even amid a wave of abating social distancing restrictions and improving weather.</p><p>The Department of Labor released its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg:</p><ul><li><p><b>Initial jobless claims, week ended March 13:</b>&nbsp;770,000 vs. 700,000 expected and an upwardly revised 725,000 during the prior week.</p></li><li><p><b>Continuing claims, week ended March 6:</b>&nbsp;4.124 million vs. 4.034 million expected and 4.144 million during the prior week.</p></li></ul><p>Though initial unemployment claims held below 800,000 for a fourth consecutive week, they unexpectedly rose by 45,000, whereas consensus economists had anticipated new claims to fall to a fresh pandemic-era low of 700,000. Initial jobless claims remain well above the Great Recession-era high of 665,000 from 2009. And new claims still need to fall significantly further to return to 2019 levels, when new claims averaged just over 200,000 per week.</p><p>Still, the generally downward trend in new jobless claims over the past several months has pointed to an economy on the upswing, even as temporary factors like harsh winter weather generated some noise in the recent data. Trends in new jobless claims are expected to improve further into the spring and summer as the vaccine rollout continues and COVID-19 case counts retreat further. Just last week, President Joe Biden announced that he would direct states to make all citizens eligible for vaccinations by May 1, rapidly expanding the potential for the country to achieve herd immunity in the near-term.</p><p>\"We expect jobless claims to continue to improve as the latest wave of the virus subsides and restrictions are lifted,\" Deutsche Bank economist Brett Ryan wrote in a note. \"These data take on added significance as they correspond to the survey period for March employment, where we expect to see a notable pick up in hiring.\"</p><p>While most states reported improvements in the number of new jobless claims last week, a handful of populous states posted notable increases. New weekly jobless claims rose by 21,000 in Texas on an unadjusted basis, while those in Illinois jumped by 17,000. Others saw new claims retreat after weeks of increases: Ohio,which has been contending with a recent stretch of fraud in claims filings, saw initial jobless claims fall by more than 14,000 last week.</p><p><img src=\"https://static.tigerbbs.com/52634d8723bf1df48dc33484c10fab5b\" tg-width=\"576\" tg-height=\"398\" referrerpolicy=\"no-referrer\"></p><p>Continuing claims, which measure the total number of Americans still receiving state unemployment benefits, showed a ninth straight week of declines. These improvements have come both as a result of rehirings, and as individuals unemployed for more than six months rolled off regular state programs and onto longer-term federal unemployment benefits.</p><p>As of late February, more than 18 million Americans were still claiming benefits across all programs — a level that remains historically elevated, but down significantly from the more than30 million claimants reported justseven months earlier. The most recent data showed that more than 12 million Americans were on either Pandemic Unemployment Assistance (PUA) — the federal program offering benefits to gig workers and the self-employed who do not qualify for other programs — or Pandemic Emergency Unemployment Compensation (PEUC), which offers additional weeks of federal benefits to those who have exhausted their state benefits.</p><p>Both the PUA and PEUC were extended from mid-March until Sept. 6, based on the latest $1.9 trillion coronavirus relief package passed earlier this month.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. weekly jobless claims total 770,000, higher than estimate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. weekly jobless claims total 770,000, higher than estimate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-18 20:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 18)&nbsp;U.S. weekly jobless claims total 770,000, vs 700,000 estimate.</p><p>U.S. new weekly jobless claims unexpectedly rose last week even amid a wave of abating social distancing restrictions and improving weather.</p><p>The Department of Labor released its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg:</p><ul><li><p><b>Initial jobless claims, week ended March 13:</b>&nbsp;770,000 vs. 700,000 expected and an upwardly revised 725,000 during the prior week.</p></li><li><p><b>Continuing claims, week ended March 6:</b>&nbsp;4.124 million vs. 4.034 million expected and 4.144 million during the prior week.</p></li></ul><p>Though initial unemployment claims held below 800,000 for a fourth consecutive week, they unexpectedly rose by 45,000, whereas consensus economists had anticipated new claims to fall to a fresh pandemic-era low of 700,000. Initial jobless claims remain well above the Great Recession-era high of 665,000 from 2009. And new claims still need to fall significantly further to return to 2019 levels, when new claims averaged just over 200,000 per week.</p><p>Still, the generally downward trend in new jobless claims over the past several months has pointed to an economy on the upswing, even as temporary factors like harsh winter weather generated some noise in the recent data. Trends in new jobless claims are expected to improve further into the spring and summer as the vaccine rollout continues and COVID-19 case counts retreat further. Just last week, President Joe Biden announced that he would direct states to make all citizens eligible for vaccinations by May 1, rapidly expanding the potential for the country to achieve herd immunity in the near-term.</p><p>\"We expect jobless claims to continue to improve as the latest wave of the virus subsides and restrictions are lifted,\" Deutsche Bank economist Brett Ryan wrote in a note. \"These data take on added significance as they correspond to the survey period for March employment, where we expect to see a notable pick up in hiring.\"</p><p>While most states reported improvements in the number of new jobless claims last week, a handful of populous states posted notable increases. New weekly jobless claims rose by 21,000 in Texas on an unadjusted basis, while those in Illinois jumped by 17,000. Others saw new claims retreat after weeks of increases: Ohio,which has been contending with a recent stretch of fraud in claims filings, saw initial jobless claims fall by more than 14,000 last week.</p><p><img src=\"https://static.tigerbbs.com/52634d8723bf1df48dc33484c10fab5b\" tg-width=\"576\" tg-height=\"398\" referrerpolicy=\"no-referrer\"></p><p>Continuing claims, which measure the total number of Americans still receiving state unemployment benefits, showed a ninth straight week of declines. These improvements have come both as a result of rehirings, and as individuals unemployed for more than six months rolled off regular state programs and onto longer-term federal unemployment benefits.</p><p>As of late February, more than 18 million Americans were still claiming benefits across all programs — a level that remains historically elevated, but down significantly from the more than30 million claimants reported justseven months earlier. The most recent data showed that more than 12 million Americans were on either Pandemic Unemployment Assistance (PUA) — the federal program offering benefits to gig workers and the self-employed who do not qualify for other programs — or Pandemic Emergency Unemployment Compensation (PEUC), which offers additional weeks of federal benefits to those who have exhausted their state benefits.</p><p>Both the PUA and PEUC were extended from mid-March until Sept. 6, based on the latest $1.9 trillion coronavirus relief package passed earlier this month.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178854094","content_text":"(March 18) U.S. weekly jobless claims total 770,000, vs 700,000 estimate.U.S. new weekly jobless claims unexpectedly rose last week even amid a wave of abating social distancing restrictions and improving weather.The Department of Labor released its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg:Initial jobless claims, week ended March 13: 770,000 vs. 700,000 expected and an upwardly revised 725,000 during the prior week.Continuing claims, week ended March 6: 4.124 million vs. 4.034 million expected and 4.144 million during the prior week.Though initial unemployment claims held below 800,000 for a fourth consecutive week, they unexpectedly rose by 45,000, whereas consensus economists had anticipated new claims to fall to a fresh pandemic-era low of 700,000. Initial jobless claims remain well above the Great Recession-era high of 665,000 from 2009. And new claims still need to fall significantly further to return to 2019 levels, when new claims averaged just over 200,000 per week.Still, the generally downward trend in new jobless claims over the past several months has pointed to an economy on the upswing, even as temporary factors like harsh winter weather generated some noise in the recent data. Trends in new jobless claims are expected to improve further into the spring and summer as the vaccine rollout continues and COVID-19 case counts retreat further. Just last week, President Joe Biden announced that he would direct states to make all citizens eligible for vaccinations by May 1, rapidly expanding the potential for the country to achieve herd immunity in the near-term.\"We expect jobless claims to continue to improve as the latest wave of the virus subsides and restrictions are lifted,\" Deutsche Bank economist Brett Ryan wrote in a note. \"These data take on added significance as they correspond to the survey period for March employment, where we expect to see a notable pick up in hiring.\"While most states reported improvements in the number of new jobless claims last week, a handful of populous states posted notable increases. New weekly jobless claims rose by 21,000 in Texas on an unadjusted basis, while those in Illinois jumped by 17,000. Others saw new claims retreat after weeks of increases: Ohio,which has been contending with a recent stretch of fraud in claims filings, saw initial jobless claims fall by more than 14,000 last week.Continuing claims, which measure the total number of Americans still receiving state unemployment benefits, showed a ninth straight week of declines. These improvements have come both as a result of rehirings, and as individuals unemployed for more than six months rolled off regular state programs and onto longer-term federal unemployment benefits.As of late February, more than 18 million Americans were still claiming benefits across all programs — a level that remains historically elevated, but down significantly from the more than30 million claimants reported justseven months earlier. The most recent data showed that more than 12 million Americans were on either Pandemic Unemployment Assistance (PUA) — the federal program offering benefits to gig workers and the self-employed who do not qualify for other programs — or Pandemic Emergency Unemployment Compensation (PEUC), which offers additional weeks of federal benefits to those who have exhausted their state benefits.Both the PUA and PEUC were extended from mid-March until Sept. 6, based on the latest $1.9 trillion coronavirus relief package passed earlier this month.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":927,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328654006,"gmtCreate":1615523705005,"gmtModify":1703490406490,"author":{"id":"3573604122814199","authorId":"3573604122814199","name":"Amol2021","avatar":"https://static.tigerbbs.com/032168b37e064d788ad6052dd8e6d1ea","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573604122814199","authorIdStr":"3573604122814199"},"themes":[],"htmlText":"Print more $$ bill","listText":"Print more $$ bill","text":"Print more $$ bill","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328654006","repostId":"2118936670","repostType":4,"repost":{"id":"2118936670","kind":"highlight","pubTimestamp":1615493724,"share":"https://ttm.financial/m/news/2118936670?lang=&edition=full","pubTime":"2021-03-12 04:15","market":"sg","language":"en","title":"Biden Signs $1.9 Trillion Bill, Teeing Up Aid as Soon as Weekend","url":"https://stock-news.laohu8.com/highlight/detail?id=2118936670","media":"Bloomberg","summary":"President Joe Biden on Thursday signed the $1.9 trillion pandemic-relief bill into law, capping his ","content":"<p>President Joe Biden on Thursday signed the $1.9 trillion pandemic-relief bill into law, capping his first major legislative achievement and allowing aid to flow to tens of millions of individuals, businesses and state and local governments.</p><p>Biden signed the bill in an Oval Office ceremony alongside Vice President Kamala Harris, one day sooner than expected. Congress sent the measure to Biden’s desk on Wednesday after the House passed it on a 220-to-211 vote along party lines. No Republicans supported the bill in the Senate, either.</p><p>Biden said that large majorities of Americans “strongly support” the bill. “This historic legislation is about rebuilding the backbone of this country,” he said.</p><p>Biden will hold a separate signing ceremony with congressional leaders Friday, Chief of Staff Ron Klain, said. White House Press Secretary Jen Psaki said that the event “will not be bipartisan.”</p><p>By advancing the signing, Biden can promote the benefits of the new law during his prime-time address to the nation later Thursday to mark the one-year anniversary of the day the World Health Organization declared a pandemic, and Covid-19 restrictions began to send the U.S. into an economy-crushing lockdown.</p><p>Psaki said that Americans will begin to see direct payments from the legislation “as early as this weekend.”</p><p><b>Next Package</b></p><p>The relief bill’s passage marked a significant political victory for the new president, who showed his command over a Democratic Party that controls Congress by razor-thin margins. Biden engaged in tough negotiations in the Senate, where he served for close to four decades, to win approval for the measure during a two-month long push to pass it into law.</p><p>His administration will spend the next week promoting the legislation, with trips by the president, vice president and their spouses across the country to highlight its impact. Biden will travel to Georgia on Friday, where two Democrats were elected to the Senate in January in part on promises that Americans would receive $2,000 in direct relief payments.</p><p>The new bill provides $1,400 to low- and middle-income families, adding to $600 included in stimulus legislation Congress passed in December.</p><p>“It’s a place, also, close to his heart,” Psaki said, but emphasized that Georgia will only be the beginning of Biden’s travel to laud the legislation.</p><p>The latest in global politicsGet insight from reporters around the world in the Balance of Power newsletter.EmailBloomberg may send me offers and promotions.Sign UpBy submitting my information, I agree to thePrivacy Policyand&nbsp;Terms of Service.</p><p>Biden’s attention will now turn to a longer-term recovery package featuring infrastructure and climate measures that could cost trillions of dollars more -- a program he touted during his 2020 campaign as crucial to pull the U.S. out of its pandemic-triggered recession. But the partisan divisions over the relief bill show the difficult road he faces in passing the next measure into law.</p><p>Under the just-passed law, most Americans will begin receiving $1,400 direct payments, with disbursal starting within days. The measure provides additional child-tax credits and new health-insurance subsidies while extending a $300 per week supplemental unemployment benefit into September. State and local governments will get more than $360 billion, cash-strapped union pension funds get a rescue, schools are set to receive money to speed re-opening and funds will go to ramp up vaccinations.</p><p>Democrats said the plan provides crucial relief, while Republicans blasted it for what they said was its excessive cost and focus on liberal priorities rather than direct pandemic assistance.</p><p>The Biden administration and Democrats are launching a campaign to tout the bill, including events headlined by the president, vice president and cabinet secretaries, White House deputy chief of staff Jen O’Malley Dillon said in a Wednesday memo.</p><p>Biden will visit the Philadelphia suburbs next Tuesday, while Harris plans to travel to Las Vegas and Denver on Monday and Tuesday, according to the White House. Harris plan to join Biden on his trip to Georgia next Friday.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden Signs $1.9 Trillion Bill, Teeing Up Aid as Soon as Weekend</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden Signs $1.9 Trillion Bill, Teeing Up Aid as Soon as Weekend\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 04:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-11/biden-to-sign-1-9-trillion-bill-thursday-speeding-up-enactment><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>President Joe Biden on Thursday signed the $1.9 trillion pandemic-relief bill into law, capping his first major legislative achievement and allowing aid to flow to tens of millions of individuals, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-11/biden-to-sign-1-9-trillion-bill-thursday-speeding-up-enactment\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-03-11/biden-to-sign-1-9-trillion-bill-thursday-speeding-up-enactment","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118936670","content_text":"President Joe Biden on Thursday signed the $1.9 trillion pandemic-relief bill into law, capping his first major legislative achievement and allowing aid to flow to tens of millions of individuals, businesses and state and local governments.Biden signed the bill in an Oval Office ceremony alongside Vice President Kamala Harris, one day sooner than expected. Congress sent the measure to Biden’s desk on Wednesday after the House passed it on a 220-to-211 vote along party lines. No Republicans supported the bill in the Senate, either.Biden said that large majorities of Americans “strongly support” the bill. “This historic legislation is about rebuilding the backbone of this country,” he said.Biden will hold a separate signing ceremony with congressional leaders Friday, Chief of Staff Ron Klain, said. White House Press Secretary Jen Psaki said that the event “will not be bipartisan.”By advancing the signing, Biden can promote the benefits of the new law during his prime-time address to the nation later Thursday to mark the one-year anniversary of the day the World Health Organization declared a pandemic, and Covid-19 restrictions began to send the U.S. into an economy-crushing lockdown.Psaki said that Americans will begin to see direct payments from the legislation “as early as this weekend.”Next PackageThe relief bill’s passage marked a significant political victory for the new president, who showed his command over a Democratic Party that controls Congress by razor-thin margins. Biden engaged in tough negotiations in the Senate, where he served for close to four decades, to win approval for the measure during a two-month long push to pass it into law.His administration will spend the next week promoting the legislation, with trips by the president, vice president and their spouses across the country to highlight its impact. Biden will travel to Georgia on Friday, where two Democrats were elected to the Senate in January in part on promises that Americans would receive $2,000 in direct relief payments.The new bill provides $1,400 to low- and middle-income families, adding to $600 included in stimulus legislation Congress passed in December.“It’s a place, also, close to his heart,” Psaki said, but emphasized that Georgia will only be the beginning of Biden’s travel to laud the legislation.The latest in global politicsGet insight from reporters around the world in the Balance of Power newsletter.EmailBloomberg may send me offers and promotions.Sign UpBy submitting my information, I agree to thePrivacy Policyand Terms of Service.Biden’s attention will now turn to a longer-term recovery package featuring infrastructure and climate measures that could cost trillions of dollars more -- a program he touted during his 2020 campaign as crucial to pull the U.S. out of its pandemic-triggered recession. But the partisan divisions over the relief bill show the difficult road he faces in passing the next measure into law.Under the just-passed law, most Americans will begin receiving $1,400 direct payments, with disbursal starting within days. The measure provides additional child-tax credits and new health-insurance subsidies while extending a $300 per week supplemental unemployment benefit into September. State and local governments will get more than $360 billion, cash-strapped union pension funds get a rescue, schools are set to receive money to speed re-opening and funds will go to ramp up vaccinations.Democrats said the plan provides crucial relief, while Republicans blasted it for what they said was its excessive cost and focus on liberal priorities rather than direct pandemic assistance.The Biden administration and Democrats are launching a campaign to tout the bill, including events headlined by the president, vice president and cabinet secretaries, White House deputy chief of staff Jen O’Malley Dillon said in a Wednesday memo.Biden will visit the Philadelphia suburbs next Tuesday, while Harris plans to travel to Las Vegas and Denver on Monday and Tuesday, according to the White House. Harris plan to join Biden on his trip to Georgia next Friday.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}