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Nancy Pelosi, Larry Kaski And Washington discussed on Vickie Allen and Levon Putney

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Steven Portnoy, President And Federal Government discussed on Vickie Allen and Levon Putney

Vickie Allen and Levon Putney
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WCBS Newsradio 880

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Senate stimulus package now headed to the house where speaker Nancy Pelosi is hopeful for bipartisan support what details coming up at the top of the hour twelve fifty five WCBS time for Bloomberg money news here's Larry Kaski with some good news Wall Street has put together its biggest three day gain since the nineteen thirty when the country was recovering from the Great Depression yesterday the Dow and S. and P. five hundred each added more than six percent propelling the games was an unprecedented economic stimulus package from Washington to help consumers and businesses deal with the economic fallout from the coronavirus economist Ellen Zentner at Morgan Stanley says that with Americans cooped up at home many stimulus checks may sit in consumer savings accounts for a while and we are allowed to go back to whatever a new normal looks like we'll have that available that's the first time that it could really look like actual stimulus General Motors is laid out a series of cost saving moves in an internal memo Bloomberg reports the document is asking workers the first twenty percent of their pay until the last three months of this year Larry Kaski Bloomberg radio wow how things can change from one week to the next Hey hope everybody.