⏩ AFTERNOON THREAD Posts @ 14:00 PDT ?
☆ $20 Barrel Oil: A Bargain For Consumers, Challenge For Producers
Whiting Petroleum Corp., facing more than a quarter-billion dollar debt maturity, filed for bankruptcy Wednesday, perhaps the most illustrious of the shale explorers thus far humbled by an unforgiving rout in every corner of the oil business.
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⏩ MORNING MUSTER Posts @ 03:00 PDT ?
Here Are Some Answers To Questions About The Coronavirus Stimulus Bill Relief Checks
☆ PSA: Don’t Shoot Me, I’m Only The Piano Player
Those government stimulus checks will be on their way soon to millions of Americans. Many people have still have a lot of questions about them…
MORE ➡️⏩ AFTERNOON THREAD Posts @ 14:00 PDT ?
☆ Victims Of The Political Correctness Virus
America’s sports leagues and the sports networks who broadcast them, are taking brutal financial hits during the coronavirus shut down, according to a look at the numbers by the Wall Street Journal.
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☆ The Longer The Shutdown Continues, The Greater The Cost
As the coronavirus pandemic continues across the world, leaders and policymakers have scrambled to respond to the growing health crisis. In the United States, multiple state governors have issued statements urging their citizens to follow social distancing guidelines. Other governors have taken more extreme measures, issuing orders to effectively lock down the entire state economy. The current goal of these responses has been to slow the spread of the virus in the hope of reducing the strain on the healthcare system. Discussion over the proper precautions is a necessity in such a time.
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☆ Yield Curve Inversion Is Regarded As A Recession Indicator
Yields on both the 1-month and 3-month Treasury bills dipped below zero Wednesday, a week and a half after the Federal Reserve cuts its benchmark rate to near zero and as investors have flocked to the safety of fixed income amid general market turmoil.
MORE ➡️⏩ The ALL NIGHTER Posts @ 19:00 PDT ?
☆ Thank A Trucker, Not A Sports Or Entertainment Celebrity
One industry that’s rolling on throughout the closures and social-distancing measures is trucking. For years, the unsung road warriors have delivered essential goods, but scarcity has recast them as heroes in providing the necessities and comforts that Americans rely on.
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☆ Pelosi Claims House Dems Will Submit Their Own Version
Senate Democrats on Sunday blocked a coronavirus stimulus package from moving forward as talks on several key provisions remain stalled. Senators voted 47-47 on advancing a “shell” bill, a placeholder that the text of the stimulus legislation would have been swapped into, falling short of the three-fifths threshold needed to advance the proposal.
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☆ Trump: “If we need to use it we’ll be using it.”
President Trump announced on Wednesday that he will be invoking the Defense Production Act in an effort to help the private sector ramp-up manufacturing and distribution of emergency medical supplies and equipment amid the coronavirus pandemic.
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⏩ MORNING MUSTER Posts @ 03:00 PDT ?
Treasury & IRS To Extend Tax Payment Deadline By 90 Days
☆ No Addition Interest Or Penalties Will Accrue
Taxpayers will get a three-month reprieve to pay the income taxes they owe for 2019, Treasury Secretary Steven Mnuchin said on Tuesday at a news conference.
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☆ Safeguarding America’s Energy Independence
President Donald Trump announced during his press conference on Friday on the coronavirus outbreak that the United States will be replenishing its Strategic Petroleum Reserve (SPR) to ensure the nation’s energy security.
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