Page 2 - Us Stimulus News Today

Gold edges higher on new Covid-19 strain, inflation woes SECTIONS Last Updated: Apr 01, 2021, 08:14 AM IST Share Synopsis Stimulus measures increase the chances of higher inflation and gold is often considered as a hedge against it. Spot gold was up 0.2% at $1,710.28 per ounce. Related FUNDAMENTALS Spot gold was up 0.2% at $1,710.28 per ounce by 0156 GM, though it was set for its second straight weekly fall. U.S. gold futures fell 0.3% to $1,709.80 per ounce. U.S. President Joe Biden on Wednesd...

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Saturday, 13 Mar 2021 08:18 AM MYT A first tranche of US$1,400 stimulus payments was processed yesterday, with additional large batches of payments to be sent via direct deposits or through the mail as checks or debit cards in coming weeks, the officials said. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. WASHINGTON, March 13 — Americans will see the first direct deposits from President Joe Biden’s US$1.9 trillion (RM7.8 trillion) Covid-...

Chinese stocks rallied after initial struggle. Shanghai Composite gained 0.47% while Shenzhen ended 0.22% on the upside.

Read more about Crude oil prices rise on economic outlook, drawdown in fuel stocks on Business Standard. Brent crude oil futures for May rose 40 cents, or 0.6%, to $68.30 a barrel by 0105 GMT, while U.S. West Texas Intermediate crude for April was up 48 cents, or 0.7%, at $64.92

OLIVIER DOULIERY/AFP/Getty Images A Congress riven along party lines approved a landmark $1.9-trillion COVID-19 relief bill Wednesday, as President Joe Biden and Democrats claimed a triumph on a bill that marshals the government’s spending might against twin pandemic and economic crises that have upended a nation. The House gave final congressional approval to the sweeping package by a near party line 220-211 vote precisely seven weeks after Biden entered the White House and four days after t...

Mar 10 2021, 8:59 AM March 10 2021, 8:00 AM March 10 2021, 8:59 AM Global market pressures are an upshot of capital forcing a synchronicity of monetary normalisation across economies despite a sharp asynchronicity in their recoveries from Covid-19, against a backdrop of U.S. exceptionalism. Global market pressures are an upshot of capital forcing a synchronicity of monetary normalisation across economies despite a sharp asynchronicity in their recoveries from Covid-19, against a backdrop of U.S...

Read more about Oil prices rise on expected economic recovery, US $1.9 trillion relief bill on Business Standard. Oil prices rose on Tuesday on expectations of a recovery in the global economy after US Senate approval of a $1.9 trillion stimulus bill and on a likely drawdown in crude oil inventory in the US

Updated Mar 09, 2021 | 06:54 IST The US government last week approved a massive stimulus package worth $1.9 trillion, which may result in higher inflation and commodity prices may rise. Analysts say this may trigger a technical rally in gold. Representational image&nbsp New Delhi: Domestic gold prices have come down to nearly Rs 44,000 per 10-gram levels from its all-time high of Rs 55,901. With this correction in gold prices, jewellery demand has picked up. Jewellers are...

OECD hikes global growth forecast as vaccines roll out The huge US stimulus package is also a factor that has the group seeing 5.6% growth in 2021 and 4% in 2022 09 March 2021 - 17:32 Leigh Thomas Picture: 123RF/POP NUKOONRAT Paris — The global economic outlook has brightened as Covid-19 vaccine rollouts speed up in some countries and the US launches a vast new stimulus package, the Organisation for Economic Co-operation and Development (OECD) said on Tuesday, hiking i...