Dow jumps 600 points on prospect of mixed election results that would limit stimulus but also likelihood of higher taxes and more regulations
Author: Paul Davidson, USA TODAY
Trump or Biden: Who would boost growth, restore jobs faster? Here’s an Election Day guide on the economy
Before you vote for president this Election Day, here’s a look at who would recover jobs lost during the COVID-19 pandemic quicker – Trump or Biden.
Getting worse
Biz layoffs to 📈
Economy grew at record 33.1% pace in Q3 as more businesses reopened after COVID. But growth could slow.
Economy grew at record 33.1% annual pace in Q3 as more businesses reopened\. But COVID-19 spikes could slow growth.
COVID effects
Changing careers 🔄
Home prices are held down by COVID-19 in big cities while climbing sharply in less crowded areas
Big cities like New York are struggling with falling prices during COVID-19. But values in less populated Phoenix and Charlotte are holding up.
Stocks fall after Trump tweets he’ll delay stimulus talks; move follows Fed’s Powell urging Congress to approve a robust plan
Market drops after Trump tweets he’ll delay stimulus negotiations until after elections. He accuses House Speaker Pelosi of not negotiating in good faith.
‘Stock market up big’: Wall Street recovers more losses on hopes of a stimulus
Stocks are rising Monday, as hopes for economic aid from Washington help Wall Street shake off to Trump’s positive test result for coronavirus,
Stock futures rise amid news of Trump’s improvement in COVID-19 fight
Stock futures rise on optimistic reports about Trump’s COVID-19 battle.
US economy adds a disappointing 661,000 jobs last month in final employment report ahead of Election Day
The economy added 661,000 jobs in September as some states continued to let businesses reopen, others stayed cautious amid COVID-19 spikes.