Second stimulus check: update on coronavirus economic relief bill

With issues such as the replacement of Supreme Court Justice Ruth Bader Ginsburg now dominating the attention in Washington, hopes continue to fade that United States lawmakers will be able to pass a pre-election coronavirus relief package – and, with it, potentially a second stimulus check.

Agreement over stimulus check, but relief-bill talks at impasse

US President Donald Trump has stated his support for another round of stimulus checks, while Republicans and Democrats in Congress have both proposed that Americans receive a fresh direct payment, following on from the checks sent out as part of the CARES Act, a $2.2tn relief bill signed into law in March.

Democrats sought a second check of up to $1,200 in the $3.4 HEROES Act, a bill passed by the House in May but not taken up by the Republican-held Senate. Meanwhile, the GOP planned a stimulus check of the same

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Ally Financial (ALLY) Upgraded to Buy: Here’s Why

Ally Financial (ALLY) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates — one of the most powerful forces impacting stock prices — has triggered this rating change.

The sole determinant of the Zacks rating is a company’s changing earnings picture. The Zacks Consensus Estimate — the consensus of EPS estimates from the sell-side analysts covering the stock — for the current and following years is tracked by the system.

Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.

As such, the Zacks rating upgrade

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This is the fierce competition the Tesla Cybertruck faces in the EV truck market

  • Up to nine manufacturers may offer EV pickups by mid-decade
  • Full-size pickups currently generate about 2.5 million sales annually
  • Who will embrace battery-powered trucks?

It took Tesla
TSLA,
-5.08%

  barely 72 hours to capture 200,000 advance reservations for its new Cybertruck, or so it claims, about four times what it expects to be its annual production volume. Whether those $100 deposits translate into sales remains to be seen. Another factor to consider is competition the new pickup will face when bows in two years.

At least seven automakers – including established manufacturers Ford
F,
-0.80%

  and General Motors
GM,
-1.46%

 , as well as startups like Rivian and Bollinger – also have announced plans to offer electric pickups. Others makes hint they could follow.

Traditional domestics to take on Tesla Cybertruck

Ford has already teased what’s coming. It released a video showing a prototype hauling 10 double-decker railcars and 42

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Orders canceled and retail partnerships cut but Nike is a ‘winner,’ analysts say

EARNINGS OUTLOOK



a person standing in front of a building: Nike has cut sales at nine retailers, Susquehanna analysts say


© Getty Images/Drew Angerer
Nike has cut sales at nine retailers, Susquehanna analysts say

Nike Inc., like all other apparel and shoe sellers, has been impacted by the coronavirus pandemic; however, analysts say the athletic company will continue to be a “winner” heading into its fiscal first-quarter 2021 earnings announcement, scheduled for after hours Tuesday.

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UBS says Nike (NKE) has canceled a number of orders, which means this quarter will be “ho hum,” but analysts are still bullish.

UBS rates Nike stock buy with a $127 price target.

“The key is Nike proactively canceled pre-COVID-19 factory purchase orders for the fall and holiday seasons by roughly 30% on a unit basis,” wrote analysts led by Jay Sole. “Our checks suggest this has made it hard for Nike to drive high near-term sales growth, despite strong demand. We believe this limits 1Q21 EPS [earnings per share] upside.”

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Patient Room Furniture Market | 2020 Industry COVID-19 Impact Forecast By Size, Share Estimation, Growth Impact, And Global Trends Analysis To 2026

The MarketWatch News Department was not involved in the creation of this content.

Sep 22, 2020 (The Expresswire) —
Patient Room Furniture Market | 2020 Industry Forecast By COVID-19 Impact Size Estimation, Growth Rate, Trends, Company Share, Merger, Competitive and Regional Analysis To 2026 is latest trending research report on “Global Patient Room Furniture Market”, published by Fortune Business Insights. Report contains comprehensive information about Patient Room Furniture Market current market situation impacted by COVID-19, forecast growth, segments that have most impacted by COVID-19, and Emerging Trends in 2020. Report also discusses Patient Room Furniture business growth strategies, competitive analysis, regional market insights, emerging key companies in market.

Report segments information on Global Patient Room Furniture Market By Department (Day Care Department, Emergency Department, Acute Care, Rehabilitation Department, Intensive Care Unit, Others), By Type (Storage, Chairs, Beds, Others), By End User (Hospitals, Specialty Clinics, Ambulatory Surgery Centers, Long Term Care

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Buyers Currently Outnumber Sellers In Housing Market

Piquet Realty Founder and President. Skydiver, Ironman Triathlete, JiuJitsu Fighter and Race Car Driver on the weekends.

It’s no secret that the coronavirus has changed our world. From the way we purchase groceries to our leisure choices, change is all around us. The real estate market is not excluded from that reality. Since the pandemic began, interest in real estate properties has dropped exponentially. We’re seeing record-low mortgage rates across the country as demand increases. The downside: inventory has never been lower. Even if developers are hard at work on building new properties, it’ll take some time until the inventory numbers are up again.

According to recent studies, as of July, housing inventory nationwide declined 32.6% year-over-year while newly listed properties declined 13.4%. This summer, homes stayed on the market for 18 fewer days than a year earlier. Florida Realtors Chief Economist Dr. Brad O’Connor said, “Several factors are

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Global Von Willebrand Disease (VWD) Therapeutics Market Growth

Global Von Willebrand Disease (VWD) Therapeutics Market Growth

The global Von Willebrand Disease (VWD) Therapeutics market 2020 mainly focuses on the market trend, market share, size and forecast. It is a brief and professional analysis on the current scenario of the Global Von Willebrand Disease (VWD) Therapeutics market.

The report on Von Willebrand Disease (VWD) Therapeutics market is a comprehensive study on global market analysis and insights. The report focuses on the emerging trends in the global and regional spaces on all the significant components, such as market capacity, cost, price, demand and supply, production, profit, and competitive landscape. The report analyzes past trends and future prospects in this report which makes it highly comprehensible for the analysis of the market. Moreover, the latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Von Willebrand Disease (VWD) Therapeutics market have also been included in the study.

Get a Sample Copy of this Report @  https://www.globalinforesearch.com/Global-Von-Willebrand-Disease-(VWD)-Therapeutics_p495515.html

What

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New tool shows economic impact of COVID-19 in Washington

A new tool shows the economic effects of COVID-19 across Washington, the state Department of Commerce said Monday.

“The economic impact of COVID-19 on individuals, families and businesses is like nothing we’ve ever seen before,” Commerce Director Lisa Brown said in a press release. “The depth and complexity of the challenge we’re dealing with demands that we use data in new ways to help every family, every community and every industry get back on their feet, stronger and more resilient than before.”

The public “Economic Recovery Dashboard” the agency has created online at commerce.wa.gov/datadashboard shows that leisure and hospitality is the industry that’s been most affected. About 80 percent of construction jobs lost as of June have been recovered. In leisure and hospitality, it’s only about a third.

“Two months after reopening efforts began, Washington’s employment decline is still 30% greater than the lowest point in the Great Recession a

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How mass incarceration creates ‘a tremendous amount of financial exploitation’

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This is part 2 of Yahoo Finance’s Illegal Tender podcast about the for-profit prison industry. Listen to the series here. 

Mass incarceration has proven to be a business opportunity as the U.S. prison population increased by 500% over the last 40 years.

There are currently almost 2.3 million people behind bars, with the prison industry generating upwards of $80 billion a year. Much of that money is made from incarcerated individuals and their families. 

“There is a tremendous amount of financial exploitation and predation on the part of corporations on all people who are incarcerated and their loved ones, regardless of the facility operational structure,” Bianca Tylek, executive director of Worth Rises, said on Yahoo Finance’s Illegal Tender podcast. 

There are industries making money off of people losing their freedom in this country’

Tylek explained that money is made in numerous ways

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Bitcoin Dips to $10.1K, Ether Drops to $330 on Sell-Off Session

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Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 50%

Is it time for the bears to break out the champagne glasses? Not so fast, says Goldman Sachs. Volatility has ruled the Street for the last few weeks, leading some to conclude that those with a more pessimistic outlook had been vindicated, but the firm believes stocks can still climb higher.According to Goldman Sachs’ head of U.S. equity strategy, David Kostin, the S&P 500 could still hit 3,600 by the end of the year, and 3,800 by mid-2021, on the back of vaccine-related optimism and progress with the economic reopening. This would reflect gains of 10% and 16%, respectively, should the index ultimately reach these targets.“Despite the sharp sell-off in the past week, we remain optimistic about the path of the U.S. equity market in coming months. The Superforecaster probability of a mass-distributed vaccine by Q1

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