President-elect Joe Biden unveiled a $1.9 trillion Covid-19 relief package on Thursday, but Friday stock futures fell as Wall Street factored in that this enormous size and potential tax increases it would have a difficult time passing Congress with Democrats controlling such a thin margin.
Soon after being inaugurated President-Elect Joe Biden could face threats from North Korean dictator Kim Jong Un who just unveiled new weapons at Thursday's military parade, which could be a warning if bilateral ties continue to deteriorate.
Billed as the American Rescue Plan, President-elect Joe Biden unveiled his $1.9 trillion economic stimulus plan that includes an additional $1,400 per person to eligible recipients, rental assistance, and billions for states and local governments.
Democrats are elated after winning both Senate elections in Georgia, and with a Democratic majority in the House are eager to enact their progressive agenda for America.
Two members of a World Health Organization (WHO) team who were investigating the origins of the coronavirus which originated in China have been blocked from entering the country over failing a coronavirus antibody test.
President-elect Joe Biden plans on introducing a $1.5 trillion stimulus plan that will be designed to jump start the U.S. economy which would be an economic lifeline to struggling Americans and to help the minority communities.
President Trump has the dubious distinction of being the first president in U.S. history to be impeached twice, as the House formally impeached him on Wednesday.
Dow futures remain flat ahead of the historic vote on whether to impeach President Donald Trump.