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Kansas City Federal Reserve Bank: Fewer new loans being given to farmers

Fewer new loans to farmers continued to drive a pullback in agricultural lending activity. The Kansas City Fed.

Massive Biden Stimulus Proposal Fails to Galvanize Wall Street

The second impeachment of Donald J. Trump and the $1.9 trillion stimulus proposal by President-elect Biden did not do much to rouse weary investors. Vehicles queue up outside the Disneyland Resort parking for a Covid-19 vaccine in Anaheim, Calif., on Wednesday. (AP Photo/Damian Dovarganes) MANHATTAN (CN)  Markets had a down week, flatlining as President Trump was impeached a second time and President-elect Biden’s proposed $1.9 trillion stimulus proposal brought little succor. While investors rallied last week and each of the three indices set new records amid the deadly riot in the Capitol building on January 6, U.S. markets had simmered below those highs by Friday’s closing bell.

Fed s George: Fed won t react if inflation tips over 2%

Farewell to 2020!

Farewell to 2020!
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