Jobs

With Biden Quick to Kill Keystone XL Pipeline, TC Energy Goes Back to the Drawing Board

Yes, there are consequences for political action. Yesterday, more than 1,000 people learned they will lose their jobs in the weeks ahead as TC Energy Corp (TRP) formerly TransCanada, will be forced to reduce employment after Joe Biden revoked the company’s presidential permit to continue work on the Keystone XL pipeline. The company will start

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Markets Continue to Defy Reality, Even in the Face of December’s Sobering Jobs Report

Today, we all were treated with a grim reminder of exactly what kind of toll the pandemic continues to take on our country. In a much weaker-than-expected report on the jobs market, the Labor Department said the U.S. economy lost 140,000 jobs in December, which represents a significant disparity from economist expectations of 50,000. It was

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Trump Unexpectedly Signs COVID-19 Relief Package and Federal Spending Bill, Averts Government Shutdown

After months of negotiations and foot-dragging in Congress, while millions of Americans remain out of work, the second Covid-19 stimulus bill is officially law. The package should give a boost to stocks and pump more money into the economy through consumer spending. Last Tuesday, President Trump said he wouldn’t sign the COVID-19 relief package and

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Market Overview