This is the Democratic standard for what is acceptable.
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Jack Dorsey Insists That Twitter Doesn’t Influence Elections In Senate Testimony
Worth gazillions... but still maintains 'the liberalhomeless' look
Jack Dorsey, the CEO and founder of Twitter, told Congress Wednesday that he doesn’t believe his social media platform influences elections.
(And when I take a shower I don't get wet)
Dorsey made the comments during testimony before the Senate Commerce Committee, a session that also included Facebook CEO Mark Zuckerberg and Alphabet CEO Sundar Pichai. He made those remarks amid a verbal standoff with Sen. Ted Cruz (R-Tex.), who spent his entire time during Wednesday’s Senate Commerce Committee hearing interrogating Dorsey and ignoring the other two tech executives.
“We are one part of a spectrum of communication channels that people have,” Dorsey said. “People have a choice of other channels.”
Dorsey’s argument seems to be: There are enough competing sources of information out there for Twitter not to be a threat to unduly sway an election. And while Twitter certainly does compete with new media companies like Facebook and the established press, the idea does somewhat belie Twitter’s role in public discourse. Twitter has over 300 million users and is used by countless governments and government officials, including President Trump, worldwide to dispense information. And it is once again a platform that millions are turning to in the lead-up to next week’s presidential election.
Cruz scoffed at the argument, calling it “absurd.” The senator positioned himself to be the most vocal opponent against the tech CEOs in today’s hearing, a conclave that Republicans largely used to renew complaints that social media companies—and Twitter lately in particular—censor conservative voices, a largely baseless allegation.
Yes (Crackhead Einstein) is so smart he took his computer to a repair shop loaded with all the incriminating evidence of the Biden Crime Syndicate.
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Joe Biden tells Oprah Winfrey son Hunter 'smartest guy I know'
Joe Biden told Oprah Winfrey that his son Hunter 'is the smartest guy I know' during a Zoom event.
The Democratic nominee made a surprise appearance Wednesday on a virtual get-out-the-vote event hosted by Winfrey that focused on voters in Pennsylvania, Michigan, Minnesota and Ohio.
During the event, Biden spoke to Mildred Madison, a Michigan resident who drove over 600 miles to cast her vote in person after her absentee ballot never arrived.
Biden told Madison he spoke with late son Beau as well as Hunter, wife Jill and mom Catherine about becoming Barack Obama's running mate. Listing his family's qualities, the Democrat described Hunter as 'the smartest guy I know'.
The Democratic nominee made a surprise appearance Wednesday on a virtual event hosted by Winfrey on Zoom that focused voters in battle ground states
Biden joins Oprah to virtually campaign in battleground states
Joe Biden's youngest son has spent months under intense scrutiny over his business dealings in foreign countries, and was plunged into yet another scandal last week when photos and emails from his laptop were leaked to the New York Post.
Tucker Carlson said Wednesday that a dossier of documents detailing Hunter Biden's business deals went missing in the post, somewhere between Manhattan and Los Angeles.
He also revisited his interview the previous night with Tony Bobulinski, Hunter's business partner, and aired new audio.
On Tuesday night Hunter Biden's former business partner Bobulinski told Fox News that he had twice met Joe - on May 2 and May 3, 2017, in Los Angeles - and that Joe was told by Hunter that they were working on a Chinese-backed infrastructure project together.
Bobulinski also alleged, without providing evidence, that Hunter had received $5 million from the Chinese partners, and that Joe was referred to in correspondence as 'the big guy', expecting a share of the profits.
Audio was played of Rob Walker - whose wife works for Jill Biden - allegedly warning Bobulinski not to go public with information.
The Biden campaign has not responded to the Bobulinski interview.
The presidential candidate did not elaborate on his point about Hunter before going on to say he decided to be Obama's running mate 'because my mom [like Madison] was not about to take no for an answer'.
Biden also told Madison that her story 'gives me that extra boost of hope and energy and optimism for the country.'
During the event, Biden spoke to Mildred Madison, a 94-year-old Michigan resident who drove over 600 miles to cast her vote in person after her absentee ballot never arrived
(Look at Mildred and Joe. They share the same trait...Dementia. Who would drive 600 miles to vote for a crook?)
Referencing his stump speech slogan that 'we're in a battle for the soul of America,' Biden told Madison, 'You are the soul of America.'
He also pledged to visit Madison if he wins the presidency.
Democrats are increasingly optimistic Biden can win at least Michigan and Pennsylvania back, and he's making a play for Ohio as well.
Winfrey was an early high-profile endorser of Barack Obama, and her support helped boost him in the 2008 Democratic primary.
But while she endorsed Democrat Hillary Clinton in 2016, she largely sat out of the campaign that year.
Mildred Madison, a 94-year-old Michigan resident, drove over 600 miles to cast her vote in person after her absentee ballot never arrived
Democratic presidential candidate former Vice President Joe Biden speaks to reporters as he leaves The Queen theater in Wilmington, Del., Wednesday; Winfrey was an early high-profile endorser of Barack Obama, and her support helped boost him in the 2008 Democratic primary
Madison had been caring for a sister in Illinois when she made the trip to Detroit earlier this month to cast an absentee ballot in the fall election.
She said she decided to go to Detroit after her August primary ballot arrived late. She traveled from the Chicago area with a son and daughter.
'Vote because your life depends on it,' Madison told FOX 2 Detroit. 'And this year it truly depends on it that you vote. Not only for you but for your children and their children.'
'Hunter is the smartest guy I know': Biden praises his son to Oprah as she refuses to ask him one single question about laptop scandal
Sleepy Joe said he never took a penny from a foreign source. Splitting hairs really. That's because his two brothers and Hunter got the money then gave 'The big guy' his cut.
This is a blockbuster report! Got to feeling we're as bad as Venezuela!Bobunlinski came across straightforward as they come. He had everything on Biden to back up his claims emails, voicemails, texts, etc and they weren't generated by him. When Bobunlinski asked Biden's brother Jim aren't they worried about getting caught he paused, then laughed a little bit, and said... PLAUSIBLE DENIABILITY. I could just see him doing the Biden shit-eating grin.
Good thing Schiff wouldn't retract the Russian disinformation claim smearing Bobunlinski and his family otherwise we may have never found out. Wonder how much bug-eyed Schiff REALLY knows about all this? With the election less than a week away postponing it to get to the bottom of this I assume is out of the question. So what will be done about it? Looking for the MSM to go into Extreme Cover Up mode. And speaking of cover up I expect 'Worthless Wray’ to do what he always does… nothing.
This is were he was talking about bug-eyed Schiff. Very damning!
(Bet Bug Eyes now has second thoughts)
Getting back to the MSM. I remember a time when Reporters/News Agencies top priority was... be the first to 'get the scoop'. Those days are long gone. Now its put under a microscope and if its detrimental to the Democratic Party they squash the story.
WATERGATE ON STEROIDS...Tucker Carlson / Bobunlinski interview
Protests were sparked by the police shooting of Walter Wallace Jr. (above), who was killed by officers during a domestic call along the 6100 block of Locust Street, just before 4pm
Rioting and looting.
Nothing but a scam... an excuse to steal from others.
Wallace charging the cops wielding a knife. What were they supposed to do... allow him to stab them?
Video 596
Listen to the imbecile in the background..."OMG they just killed him in front of me."
No shit Sherlock!
This is not about racism. This is clear, unadulterated, stupidity. They just NEVER f-ing learn. React first damn the consequences is not working out so well. I can only hope and pray the black community will one day get it.
No, he isn't. Dementia Joe is trying to say he has an extensive voter fraud organization in place to PREVENT voter fraud. He's lying, and as usual, screwed it up. As I stated previously, how many gaffes can be overlooked before they morph into dementia?
🚨🚨 BIDEN ADMITS TO VOTER FRAUD! 🚨🚨@JoeBiden brags about having the “most extensive VOTER FRAUD organization” in history‼️
(He's in a different world now...the land of Dementia)
Pretty Damn Glaring:
Biden's blunders: From claiming 200 million Americans have been wiped out by Covid to forgetting the Declaration of Independence
August 8, 2019: He tells the Asian & Latino Coalition in Des Moines, Iowa, that 'poor kids are just as bright and just as talented as white kids.'
He attempted to clear up his statement, adding: 'Wealthy kids, black kids, Asian kids — no, I really mean it. But think how we think about it ... mWe think how we're going to dumb it down. They can do anything anybody else can do given a shot.'
Later that day he tells a crowd: 'We choose unity over division. We choose science over fiction. We choose truth over facts.'
August 9: Biden was accosted by a right-wing Turning Point USA staffer at a rally in Iowa. 'How many genders are there?' He asked.
Biden replied: 'There are at least three.'
The reporter said, 'What are they?'
And Biden responded: 'Don't play games with me, kid.' Biden then shook someone in the crowd's hand before turning back and saying, 'By the way, the first one to come out for marriage was me.'
August 10: Biden says he was VP when the Parkland school shooting took place, even though it occurred in 2018.
'Those kids in Parkland came up to see me when I was vice president,' he told a reporter.
A campaign official clarified that Biden meant the shooting at Sandy Hook Elementary School in Connecticut, in December 2012.
August 24: Biden mistakes New Hampshire for Vermont.
Speaking in Keene, NH, he said: 'I love this place. Look, what's not to like about Vermont in terms of the beauty of it?'
September 2: Biden appears confused about the definition of a magazine for a rifle, telling supporters in Iowa: 'The idea that we don't have elimination of assault type weapons, magazines that can hold multiple bullets in them, it's absolutely mindless.'
By definition a magazine holds multiple rounds.
September 25: Biden forgot the name of the last Supreme Court nominee under President Barack Obama on Jimmy Kimmel's show.
'Back when, when they were holding up before Trump got elected, they were holding up, uh, um, the nomination of the president put forward for the Supreme Court,' Biden rambled.
'Merrick Garland,' Kimmel said.
'Merrick Garland, a really fine man,' Biden added.
November 2: Says he's in Ohio when he's in Iowa.
November 20: Biden claimed that he had the backing of the Senate's only black female Senator during a Democratic debate.
'I have more people supporting me in the black community that have vouched for me because they know who I am… The only African-American woman who's ever been elected to the United States Senate.'
Senator Kamala Harris corrected him, saying: 'That's not true. The other one is here!'
December 5: He called a voter a 'damn liar' and 'fat' after he asked if his son Hunter earned a job on the board of a Ukrainian gas company as a result of his father's high office.
'You're a damn liar, and that's not true,' Biden snapped at him. 'I'm not sedentary. You want to check my shape, let's do push ups together, let's run, let's do whatever you want to do, let's take an IQ test.'
He continued, 'But look, fat, here's the deal.'
February 9, 2020: Biden called a 21-year-old woman a 'lying, dog-faced pony soldier' during a Q&A in New Hampshire.
Asked by the economics student Madison Moore about his poor performances in the Iowa caucuses, he asked if she'd ever attended a caucus. Moore said she had and Biden hit back: 'No you haven’t! You’re a lying, dog-faced pony soldier.'
February 24: In South Carolina he said: 'My name's Joe Biden. I'm a Democratic candidate for the United States Senate.'
During the same speech he claimed to to have worked with Chinese leader 'Deng Xiaoping' on the Paris Climate Accord - Deng died in 1997.
February 25: During the final Democratic debate he claimed that '150 million people have been killed since 2007' by guns. If that were the case, half the American population would be dead.
March 1: He calls Fox News host Chris Wallace 'Chuck,' and then claims it was because he'd had a recent interview with NBC's Chuck Todd.
March 3: He confused Super Tuesday with 'Super Thursday.'
And during the same speech he botched the Declaration of Independence, saying: 'We hold these truths to be self-evident. All men and women are created, by the, you know, you know the thing.'
March 4: He confused his wife with his sister on stage at a rally in California.
'By the way, this is my little sister Valerie!' Biden said while grabbing his wife's right hand. 'And I'm Jill's husband,' he went on while reaching for his sister's.
March 9: 'Together, I think we can win back the House,' Biden said before correcting himself. 'We're gonna keep the House, increase it and flip the Senate.'
March 10: Biden pledged to ban the 'AR-14,' (instead of AR-15) when challenged by a worker who accused him of 'trying to diminish our second amendment right and take away our guns.'
April: He appeared to forget Barack Obama's name while discussing Russia's annexation of Crimea.
'Because they invaded another country and annexed a significant portion of it called Crimea. He's saying that it was president - my boss - it was his fault.'
May 22: Biden tells radio host Charlmagne the God that 'if you have a problem figuring out whether you're for me or Trump, then you ain't black.'
August 31: Speaking at a steel factory in Pittsburgh, he stumbled badly over his words, saying: 'COVID has taken this year, just since the outbreak, has taken more than 100 years. Look, here's, the lives, it's just, it's uh, I mean think about it. More lives this year than any other year for the past 100 years.'
September 15: Biden says that wealthy people were able to stay home during lockdown because 'some black woman was able to stack the grocery shelf.'
Speaking to a group of veterans in Tampa, Florida, he said: 'The American public, the blinders have been taken off. They've all of a sudden seen a hell of a lot clearer.
'They're saying: "Jeez, the reason I was able to stay sequestered in my home is because some black woman was able to stack the grocery shelf."'
September 20: Biden said that 200 million had died of coronavirus, confusing a million for a thousand.
'It's estimated that 200 million people have died probably by the time I finish this talk,' he said.
September 21: He botches the pledge of allegiance, saying: 'I pledge allegiance to the United States of America, one nation, indivisible, under God, for real.'
The correct text is: 'I pledge allegiance to the Flag of the United States of America, and to the Republic for which it stands, one Nation under God, indivisible, with liberty and justice for all.'
October 12: He appeared to forget that he ran against Mitt Romney in 2012.
'You may remember,' Biden said when telling reporters he was opposed to Democrats criticizing Amy Coney Barrett's faith, 'I got in trouble when we were running against that senator who was a Mormon, the governor.'
October 24: He tells a virtual meeting: 'We have put together, I think, the most extensive and inclusive voter fraud organization in the history of American politics.'
October 25: He got confused about who is president, calling him, 'George.'
Speaking at the 'I Will Vote Concert' Biden said: 'Four more years of George, er, George, er, he - we're going to find ourselves in a position where, if Trump gets elected, we're going to be in a different world.'
He was aided by his wife Jill who appeared to mutter 'Trump,' under her breath while Biden struggled for the words.
I’m still counting on the silent majority. Also, the polls are skewed in Biden’s favor, just like Hillary, because of their deep hatred of Trump. If the MSM genuinely believed Trump was ahead in the polls do you think they would admit it? Look at all the bad press Trump gets every day. Yet they completely ignored Hunter Biden's laptop, a MAJOR story, disastrous information naming Joe as 'the big guy' and incriminating emails exposing Joe's lies. Now imagine the shoe on the other foot and that was Don Jr's laptop?
As I stated before it is preposterous the Durham Report won’t be released until after the election, and now God forbid Joe’s elected, Hunter Biden’s laptop is no more.
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Biden leads in polls, though some are skeptical of a Biden win given the 2016 presidential upset
Bret Baier and Martha MacCallum give you a sneak peek of tonight's final presidential debate, what to expect from each candidate, and more from around the nation.
Republican pollster Frank Luntz told Fox News’ Bret Baier on Thursday night, that his "profession is done" if President Trump wins re-election come Nov. 3, and proves the national polls wrong yet again.
“I hate to acknowledge it, because that's my industry — at least partially — but the public will have no faith. No confidence. Right now, the biggest issue is the trust deficit,” Luntz said in response to Baier asking how pollsters will fare if they are wrong in predicting the 2020 presidential election. “Pollsters did not do a good job in 2016. So, if Donald Trump surprises people, if Joe Biden had a 5- or 6-point lead, my profession is done."
National polls largely show Biden with a lead over Trump with two weeks until the presidential election.
Real Clear Politics, which pools together several national polls and takes the average, shows Biden up by 7.9 points, though in battleground states the former vice president is only up by 3.8 points – well within margin of error, which generally hovers around plus or minus four points.
Hillary Clinton was projected to win in 2016, with polling consistently similar to Biden’s.
FiveThirtyEight’s election project gave Clinton an 86 percent chance of winning during this point in the last presidential race. Biden is currently projected to win with an 88 percent probability.
Some polls appear to show a tighter race in their polling this time around. But Luntz, a GOP pollster, still thinks that Biden will win the presidency after claiming that Trump won the second and final presidential debate Thursday.
“You've got to give Trump a minor victory because he’ll bring some [undecided] voters home, and it’ll close the race a little bit," Luntz told CNBC’s “Squawk Box" Friday. "But in the end, I think Joe Biden won the war.”
Clinton also faced obstacles that Biden is not necessarily struggling with.
Clinton was running in the post-Obama administration era and reports after the 2016 upset showed that voters were intrigued by Trump’s unusual, non-political behavior and ready for a shift in Washington.
The other major factor that will come into play during the 2020 election is the number of voters who were disillusioned with the 2016 presidential race and opted not to vote at all.
Although more people are expected to vote early during the 2020 presidential election, opposed to waiting until Election Day to vote in-person, more than 38 percent of the number of votes cast in 2016 have already been recorded with two weeks remaining until the General Election, according to the U.S. Election Project.
Democrats so far have cast their vote at a rate nearly double that of Republicans, though as early polling stations are opening the ratio will likely start to even out.
Pollster Frank Luntz: If Trump defies polls again 'my profession is done'
1. If the FBI has this laptop in their possession I hope the hell they (Giuliani) had the sense to make a copy of everything on it.
2. Rest assured…If Biden wins you’ll never hear about this again.
3. Joe's other option....
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The Delaware state police have passed on an inquiry concerning the laptop purportedly belonging to Democratic Presidential Nominee Joe Biden's son, Hunter Biden, to the FBI.
On Tuesday, President Donald Trump's personal attorney Rudy Giuliani told Newsmax that he handed over the laptop that he claims belongs to Hunter Biden to the Delaware state police on Monday.
"In light of ongoing questions about the credibility of these claims and multiple reports that the FBI is investigating their veracity, law enforcement is referring this matter to the FBI," a Delaware State Police spokesperson told Newsweek. The Delaware State Police also confirmed that they are not in possession of the laptop.
Newsweek reached out to the FBI for further information and Biden's campaign for comment.
Director of National Intelligence John Ratcliffe and House Intelligence Committee Chairman Adam Schiff accused each other of politicizing intelligence on Monday over emails allegedly found on the laptop.
More than 50 former senior intelligence officials signed a letter on Monday detailing their belief that the laptop "has all the classic earmarks of a Russian information operation."
After Schiff called revelations stemming from the laptop a Kremlin "smear" campaign, Ratcliffe on Monday insisted that the laptop "is not part of some Russian disinformation campaign."
"Let me be clear: The intelligence community doesn't believe that because there is no intelligence that supports that. And we have shared no intelligence with Adam Schiff, or any member of Congress," he said.
In a statement to Newsweek, a spokesperson for Schiff accused Ratcliffe of "purposefully misrepresenting" the Democrat's words to "mislead the public" and help Trump.
"The Intelligence Community has stated publicly that Russia is once again seeking to benefit Donald Trump's election campaign by denigrating Joe Biden with attacks the Treasury Department described as, 'false and unsubstantiated narratives' ... designed to culminate prior to Election Day," the statement read.
The controversial emails allegedly written by the son of the Democratic presidential nominee were obtained by the New York Post and appear to show terms of agreements with Chinese and Ukrainian companies. The Post's story has not been corroborated by mainstream news outlets and is based on the accounts of two people close to Trump: Giuliani and Stephen Bannon.
The emails were reportedly found on a laptop that was left behind at a New Jersey computer repair store in 2019. But the store's legally blind owner John Macissac was unable to identify whether the computer was dropped off by Hunter Biden.
Biden campaign spokesperson Andrew Bates has asserted that the candidate has "engaged in no wrongdoing," but did not deny that the laptop belonged to Hunter Biden.
"Investigations by the press, during impeachment, and even by two Republican-led Senate committees whose work was decried as 'not legitimate' and political by a GOP colleague have all reached the same conclusion: that Joe Biden carried out official U.S. policy toward Ukraine and engaged in no wrongdoing. Trump administration officials have attested to these facts under oath,' Bates said in a statement.
One of the emails in question suggests that Hunter Biden arranged a meeting between his father and a top executive at a Ukrainian energy firm in 2015, when the then-vice president was in charge of Ukraine-U.S. policy. Bates said a review of Biden's schedule found no evidence that such a meeting had taken place.
While some questioned the validity of the allegations, calling it a political hit job, Trump has used the laptop as ammunition for attacking Biden. With less than two weeks left to Election Day, the president on Tuesday vowed to focus on pressing the former vice president about the allegations leveled at his son.
Hunter Biden's Laptop Probe Referred to FBI, Delaware State Police Say
China’s economy grows 4.9% while the rest of the world is crippled by coronavirus
Just like they planned.
BTW…have you heard one Democrat call China out instead of blaming Trump?
China’s economy has grown 4.9 percent in the third quarter from last year proving the country is back to its pre-pandemic trajectory with consumer spending and industrial production going back to normal levels.
China fell short in the third quarter of its forecast for growth between 5.5 percent and 6 percent predicted at the start of the year before COVID-19 ravaged the globe, killing more than a million people and crippling the global economy.
China has bounced back quickly despite being the first country to suffer the coronavirus outbreak. As the virus spread across the globe, China started to handle their outbreak and began to reopen their economy, growing 6.8 percent in the first quarter of this year, and 3.2 percent in the April-June quarter.
Now the International Monetary Fund is projecting China’s economy to expand by 1.9 percent in 2020 which means it’ll the only major world economy to grow this year.
China’s economy has grown 4.9 percent in the last quarter from last year proving the country is back to its pre-pandemic trajectory with consumer spending and industrial production going back to normal levels. Employees work in a production line at a wigs factory in Hezhang County, Guizhou Province of China on October 16
Workers are seen during the production process of wind turbines during a government organised tour at Goldwind Technology in Yancheng, in Jiangsu province on October 14
By contrast the US economy is expected to shrink by 4.3 percent this year and Eurozone by 8.3 percent, the IMF announced in its latest update shared this month.
Not only is China’s gross domestic product growing, unemployment fell to 5.4 percent in September and industrial production rose 5.8 percent in July through September over the same quarter last year.
Retail sales rose 0.9 percent over a year earlier. On Monday China said retail sales grew 3.3 percent in September, surpassing economist expectations for 1.7 percent.
Chinese citizens' disposable income also increased in the third quarter for the first time this year, rising 0.6 percent from a year earlier, according to the Wall Street Journal.
The recovery of Asia’s largest economy is good news for other countries that rely heavily on trade with China, including Japan. It reported Monday that its exports fell at a slower pace in September from a year earlier, partly thanks to higher demand from China.
The Nikkei 225 index added 1.1 percent to 23,672.60 while Hong Kong’s Hang Seng climbed 0.8 percent to 24,591.92. In South Korea, the Kospi jumped 0.9 percent to 2,362.49 while the S&P/ASX 200 in Australia surged 1 percent to 6,237.60.
The Shanghai Composite index logged a more modest gain, picking up 0.3 percent to 3,346.61 as the relatively strong economic data doused the chances for major stimulus measures that might help boost markets.
Not only is China’s gross domestic product growing, unemployment fell to 5.4 percent in September, industrial production rose 5.8 percent in July through September over the same quarter last year, and retail sales rose 0.9% over a year earlier
Meanwhile, hopes for new stimulus for the U.S. economy were muted, with House Speaker Nancy Pelosi saying time is running out to get measures passed before the Nov. 3 election.
Wall Street closed out a choppy week of trading with more of the same Friday, as a late-afternoon stumble led U.S. stock indexes to a mixed finish.
The S&P 500 rose 0.47 points to 3,483.81. The Dow gained 112.11 points, or 0.4%, to 28,606.31. At one point, it had been up by 348 points. The Nasdaq fell 42.32 points, or 0.4%, to 11,671.56. The Russell 2000 index of small-cap stocks dropped 5.08 points, or 0.3%, to 1,633.81.
The S&P 500 ended the day just a fraction of a point higher at 3,483.81. The Dow Jones Industrial Average gained 0.4%, to 28,606.31. The Nasdaq fell 0.4% to 11,671.56, while the Russell 2000 index of small-cap stocks dropped 0.3% to 1,633.81.
By contrast the US economy is expected to shrink by 4.3 percent this year and Eurozone by 8.3 percent, the IMF announced in its latest update shared this month. A man stands outside a temporarily shut down Coneworld in London above
The US is reeling from a surge in unemployment and food insecurity sparked by the pandemic. People wait in line to receive food at a distribution site at a Bronx church in New York City on Friday
Big Tech and energy companies fell while health care and industrial stocks rose.
The mixed performance matched the mixed data: the U.S. government reported that retail sales rose in September for the fifth straight month, while the Federal Reserve said U.S. industrial production had its weakest showing since the spring.
Stock indexes have recouped most of their losses from a swoon as talks between Democrats and Republicans on an economic stimulus package failed to deliver results. Investors have been hoping that Washington would provide more financial support for the economy since July, when a $600-a-week extra benefit for the unemployed expired.
On Thursday, the government’s said the number of Americans seeking unemployment aid increased last week to 898,000, a historically high level reflecting the weakness due to the pandemic and ensuing recession.
Rising coronavirus caseloads across the globe have left investors cautious as governments impose restrictions to contain outbreaks.
The 10-year Treasury yield rose to 0.76% from 0.74%.
U.S. benchmark crude oil lost 17 cents to $40.95 per barrel in electronic trading on the New York Mercantile Exchange. It gave up 12 cents on Friday to $41.12 per barrel. Brent crude, the international standard, lost 16 cents to $42.77.
In currency dealings, the dollar rose to 105.43 Japanese yen from 105.40 on Friday. The euro slipped to $1.1706 from $1.1717.
