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Unfolded, here are some of the highlights from todays news conference. The white house today pledged immediate help for individuals and Small Businesses. This came on a date when we learned that 6. 6 million more americans wild unemployment claims last week. Treasury secretary Steve Mnuchin is said people who have their banks direct deposit information already on file with the irs will get direct payments within two weeks as part of the stimulus bill. Im pleased to report that within two weeks the first payments will be direct deposit into taxpayers accounts. As the president said, he authorized me to say that anybody who has Social Security recipients will not need to file a new tax return and will have that. The secretary said there will be a website for people who dont have direct deposit on file, and they can provi ....
At us, we are at number four. The president , the Speaker Pelosi and treasury secretary mnuchin, they are all on board with a grand infrastructure plan. Leader mcconnell says hold back for now, but it sure looks like a lot more spending is in the works. After all, we are all big spenders now, arent we . Look at the markets. Responding to the jobless numbers and the possibility of more stimulus. The dow looks like it could eke out a small gain of maybe 70. Nasdaq up 17. S p up maybe 10. A fractional gain for stocks despite that jobless number. Look at the price of oil. Up sharply today. The president wants a deal with the russians and saudis and he will meet with Oil Company Executives tomorrow. The oil price this morning is up to, okay, up to just 22 a barrel. Got it. But its higher by 9 . The price of gasoline, look at this, keeps coming down. 1. 97. Thats the nation ....