S&P 500

Senate Appropriations Committee Chairman Richard Shelby of Alabama, Senate Majority Whip John Thune and Senate Commerce Committee Chairman Roger Wicker, all Republicans, released “The Coronavirus Economic Stabilization Act of 2020” as part of the broader Senate economic response package. Sponsors say that the legislation would allow the Treasury Secretary to provide up to $208 billion … Continued

Monday, Congressman Mo Brooks (R-Huntsville) appeared on Fox News Network’s “Your World with Neil Cavuto” and attacked the impeachment inquiry as a “sham” and added that, “It seems that their chief motivation— which goes back to before Donald Trump was sworn in— is to get rid of this president.” Neil Cavuto was out so Charles … Continued

Rep. Mo Brooks (R-Alabama) praised the U.S. Department of Labor Bureau of Labor Statistics January jobs report on Friday. “On the plus side, the economy produced 304,000 new jobs in January and 2.2 million new jobs over the past year,” Brooks said in a statement. “Both are excellent numbers. Similarly, the monthly labor participation rate … Continued

Stocks rebounded Wednesday after getting hammered last week and on Christmas Eve. The Dow Jones Index gained 1086 points to close at 22,878. That is the largest points gained in a day for the index in history and was a 4.98 percent gain in value on the day. The move was broad-based and most indexes … Continued

Christmas Eve saw stocks crater. This followed losses on most major indexes last week. With just a few business days left this year could be the worst December for stocks in history. The Dow Jones Index hit a new 52 week low on Monday of 21,792.20. That is its lowest level since September 2017. The … Continued

By Brandon Moseley Alabama Political Reporter Stocks are soaring.   Last year the major stock market indices all were up over the year and 2013 has been a banner year with the Dow up more than 10% since January 1.  That has not translated to small business owners.   The National Federation of Independent Business’ monthly Index … Continued