Powell, Mnuchin stress limits of current emergency lending programs

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Powell, Mnuchin stress limits of current emergency lending programs

Federal Reserve Board Chair Jerome Powell and Treasury Secretary Steven Mnuchin · Steven Terner MnuchinShutdown clash looms after Democrats unveil spending bill Lawmakers fear voter backlash over failure to reach COVID-19 relief deal United …
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Report: Route changes, free fares for low-income bus riders would help Port Authority system

A report released Tuesday calls on the Port Authority to realign some of its routes due to pandemic-related ridership changes, and to enact an emergency low-income fare program that would allow the lowest-income bus passengers to ride for free. “Like other …
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US Home Sales Extended Powerful Rebound into August

Home sales rose in August for the third consecutive month, fueled by robust demand for luxury homes and a pickup in Northeast sales that kept the housing market hot. Sales of previously owned homes rose 2.4% from a month earlier to a seasonally adjusted …
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States, Justice Department to meet regarding possible Google antitrust suit

State attorneys general and the Justice Department are slated to meet later this week with the hopes of completing an antitrust complaint against tech giant Google. Continue Reading Below. According to Politico, the Department of Justice and the states have …
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Senators urge bankruptcy judge to block Purdue Pharma CEO's $3.5 million bonus

Four U.S. senators wrote a letter to U.S. Bankruptcy Judge Robert Drain Sept. 21, in which they urged him to prevent Purdue Pharma from paying its CEO a $3.5 million bonus. The drugmaker filed for bankruptcy in September 2019 to resolve thousands of …
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