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Google Business NewsOct 19, 2020
Chinese economy growing as the world still reels from COVID-19 - New York Post
Chinese economy growing as the world still reels from COVID-19  New York Post China's economic recovery quickens  ReutersWith Covid-19 Under Control, China's Economy Surges Ahead  The New York TimesChina's GDP growth shows why coronavirus controls trump reopening economy  South China Morning PostMaybe there's hope

Forbes HeadlinesOct 19, 2020
Cuomo Says FDA, CDC Under Trump Lack ‘Credibility' On Approving Coronavirus Vaccine
New York Gov. Andrew Cuomo said he thinks Americans will be "very skeptical" about taking a coronavirus vaccine and "they should be" skeptical.

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Trump trashes Fauci and makes baseless coronavirus claims in campaign call - CNN (Google Business News)

Yahoo BusinessOct 19, 2020
Stocks, Futures Rise on Stimulus Hope; Bonds Fall: Markets Wrap
(Bloomberg) -- Stocks in Europe advanced with U.S. futures amid fresh optimism about progress on stimulus talks in Washington. Treasuries dipped.In Europe, banks and insurers led gains while health care and energy firms lagged. Julius Baer posted one of the biggest jumps after third-quarter inflows accelerated at the Swiss wealth manager.S&P 500 Index futures climbed after the gauge closed higher for a third week on Friday. Speaker of the House Nancy Pelosi set a Tuesday deadline for more progress with the White House on a fiscal deal after lengthy discussions over the weekend with Treasury Secretary Steven Mnuchin.The pound strengthened after a report that officials were prepared to water down controversial Brexit legislation in a move that could revive failing talks with the European Union. While Pelosi said a pre-election deal remains possible, her team sent conflicting signals after setting a 48-hour deadline for progress on Saturday night. President Donald Trump renewed his offer to go beyond the dollar amounts now on the table.Pelosi and Mnuchin spoke at length Saturday night about efforts to finalize a stimulus package to help the U.S. weather the affects of the coronavirus, especially as signs emerge of rising economic strain for millions of Americans and an acceleration in infections."It seems that the market is optimistic that indeed stimulus will follow, whether that is tax cuts under a Trump presidency or spending under a Biden presidency," Ben Emons, Medley Global Advisors managin

Yahoo BusinessOct 19, 2020
Stimulus Deal Before Election Hangs on Pelosi's Tuesday Cutoff
(Bloomberg) -- The fate of additional stimulus for the U.S. economy before next month's election will be decided this week, with House Speaker Nancy Pelosi setting a Tuesday deadline to reach an agreement with the White House -- though it remains doubtful that the Republican-controlled Senate will accept any deal they strike.President Donald Trump said he's ready to match the $2.2 trillion spending levels demanded by Democrats -- or go higher -- despite repeated warnings by Senate Majority Leader Mitch McConnell that most GOP senators will oppose any coronavirus relief package that big."I want at a bigger number than she wants," Trump said of Pelosi during a campaign stop Sunday in Reno, Nevada. "That doesn't mean all the Republicans agree with me, but I think they will in the end."But the price-tag isn't the only obstacle. Pelosi said Sunday on ABC's "This Week" that the two sides are still haggling over language on a national plan to control the virus. Differences also remain on several key issues, including aid to states and GOP demands for an employer liability shield, that have stalled a deal for months.Tuesday's deadline "only relates to if we want to get it done before the election, which we do," Pelosi said, indicating they could continue talking about passing a stimulus measure after Nov. 3.While Pelosi and Treasury Secretary Steven Mnuchin and their staffs press on with negotiations, McConnell is moving ahead with $500 billion Republican-only plan that would renew a small business loan pr
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