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Stimulus Package Is Unlikely Before the Election, Says Goldman Sachs

Video Credit: Cover Video STUDIO - Duration: 01:00s - Published
Stimulus Package Is Unlikely Before the Election, Says Goldman Sachs

Stimulus Package Is Unlikely Before the Election, Says Goldman Sachs

As stimulus negotiations between Democratic House Speaker Nancy Pelosi and Steve Mnuchin continue.


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Nancy Pelosi Nancy Pelosi 52nd Speaker of the United States House of Representatives

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House speaker Nancy Pelosi went after Treasury Secretary Steven Mnuchin on Friday for his decision to end some Federal Reserve COVID-19 emergency lending programs, a move also criticized by many Fed officials. Conway G. Gittens reports.

Credit: Reuters Studio    Duration: 02:16Published
Pelosi is re-elected as House Speaker [Video]

Pelosi is re-elected as House Speaker

Democrats in the U.S. House of Representatives on Wednesday voted to keep House Speaker Nancy Pelosi in her job for another two years, despite the Nov. 3 elections in which the party lost seats to Republicans. Colette Luke has the latest.

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U.S. House of Representative Speaker Nancy Pelosi said on Friday that Facebook has been 'part of the problem' when it comes to election-related misinformation.

Credit: Reuters Studio    Duration: 01:24Published
'It's not safe': States step in as COVID-19 surges [Video]

'It's not safe': States step in as COVID-19 surges

[NFA] State governors across the United States were more forceful in their warnings, telling residents it was not safe to go out, as COVID-19 infections soared to new records. Conway G. Gittens reports.

Credit: Reuters - Politics    Duration: 02:49Published
McConnell, Pelosi spar over stimulus size [Video]

McConnell, Pelosi spar over stimulus size

[NFA] U.S. Senate Majority Mitch McConnell said on Friday that October's drop in the nation's employment rate showed that Congress should enact a smaller coronavirus stimulus package, but House Majority Leader Nancy Pelosi said, smaller is still not the way to go. Conway G. Gittens reports.

Credit: Reuters Studio    Duration: 01:54Published

Goldman Sachs Goldman Sachs U.S. multinational investment bank

Goldman Sachs Cuts Growth Forecast For U.S. [Video]

Goldman Sachs Cuts Growth Forecast For U.S.

Goldman Sachs has cut its near-term growth forecasts for the United States. Goldman Sachs based this on spiking COVID-19 cases and slowing economic activity. US gross domestic product will grow 3.5% in the fourth quarter, down from the previous forecast of 4.5%. According to Business Insider first-quarter 2021 growth estimate was also lowered to 1% from 3.5%. Goldman Sachs said the winter drag should give way to a bigger rebound on the back of vaccine distribution.

Credit: Wochit News    Duration: 00:32Published
Malaysia 1MDB investigation: Goldman Sachs to pay $3bn fine [Video]

Malaysia 1MDB investigation: Goldman Sachs to pay $3bn fine

Former Prime Minister Najib Razak says he is innocent and is appealing against his conviction.

Credit: Al Jazeera STUDIO    Duration: 02:13Published
Goldman Sachs to pay $3 billion over 1MDB scandal [Video]

Goldman Sachs to pay $3 billion over 1MDB scandal

Goldman Sachs on Thursday agreed to pay nearly $3 billion to settle a probe into its role in Malaysiaโ€™s 1MDB corruption scandal.

Credit: Reuters Studio    Duration: 02:07Published

Democratic Party (United States) Democratic Party (United States) Major political party in the United States

Wisconsin county recount boosts Biden's margin [Video]

Wisconsin county recount boosts Biden's margin

President Donald Trump's election campaign demanded recounts in two of Wisconsin's most populous and Democratic-leaning counties. Joe Biden ended up gaining votes. This report produced by Jonah Green.

Credit: Reuters - Politics    Duration: 01:02Published
In crucial electoral state Georgia's governor certifies Democrat win [Video]

In crucial electoral state Georgia's governor certifies Democrat win

It brings the state one step closer to wrapping up an election fraught with unfounded accusations of fraud by Trump and his supporters.

Credit: Euronews English    Duration: 01:20Published
Former NYC Mayor David Dinkins dies at 93 [Video]

Former NYC Mayor David Dinkins dies at 93

[NFA] David Dinkins, who served as New York City's first and only African American mayor during the 1990s, died on Monday at the age of 93, police said. This report produced by Yahaira Jacquez.

Credit: Reuters - Politics    Duration: 01:40Published
Biden transition gets green light from GSA [Video]

Biden transition gets green light from GSA

[NFA] President-elect Biden was formally given the go-ahead by a key federal agency to begin his transition to the White House, shortly after Michigan certified him as the state's winner. This report produced by Chris Dignam.

Credit: Reuters - Politics    Duration: 02:37Published

Steven Mnuchin Steven Mnuchin 77th and current United States Secretary of the Treasury

Trump Admin Cuts off Emergency Lending Programs, Overruling Fed Chair [Video]

Trump Admin Cuts off Emergency Lending Programs, Overruling Fed Chair

Treasury Secretary Steve Mnuchin has asked the Federal Reserve to return $455 billion in unused pandemic program funds.

Credit: Cover Video STUDIO    Duration: 00:57Published

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