Consumer stocks could be among the biggest winners from the Biden stimulus

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

For subscribers: Consumer stocks could be among the biggest winners from the Biden stimulus. Check out CNBCPro today.

unveiled the package Thursday evening

, and he is seeking bipartisan agreement for the spending plan that is likely to get pushback from Republicans. Even so, strategists expect to see some amount of spending get approved. The Biden "America Rescue Plan" calls for an additional payment of $1,400 to individuals, on top of the $600 Congress approved in December, and an extension of federal unemployment benefits to the end of September at the rate of $400 per week. The president-elect also seeks an increase in the federal minimum wage to $15 an hour to help front-line workers.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Pro Consumer tech.+ I'm balls deep in semis. Thesis holds.

Pro We the people are the economy, not super rich or huge corporations. It’s the people. If we have money to spend, that moves and grows the economy. Some people have a hard time understanding that....

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker