US Presidential Election 2020 News
Wall Street wants to be sure Biden can keep Warren’s army at bay
Wall Street has made its peace with a Joe Biden victory, taking comfort in his decades-long political career in which moderation is a prevailing trait. But it’s nervous about his more liberal allies.
7 min read7 Nov 2020Joe Biden: Stumbles, tragedies and, now, delayed triumph
The tribute marked the presumed end of a long public life that put Biden in the orbit of the Oval Office for 45 years — yet, through a combination of family and personal tragedy, his own political missteps and sheer bad timing, had never allowed him to sit behind the Resolute Desk himself
6 min read7 Nov 2020Biden has plenty of know-how. He’s going to need it
Few presidents arrive at the White House as well qualified by experience and temperament, but the challenges will still be brutal.
4 min read7 Nov 2020Biden’s election draws curtain on Trump’s tumultuous presidency
Biden managed to pull together a winning electoral coalition to end Trump’s presidency The future president has promised to make the pandemic his top priority, with a vast expansion of surveillance testing for the virus
6 min read7 Nov 2020Biden wins White House, vowing new direction for divided US
His victory came after more than three days of uncertainty as election officials sorted through a surge of mail-in votes that delayed the processing of some ballots. Biden crossed 270 Electoral College votes with a win in Pennsylvania
5 min read7 Nov 2020Kamala Harris, the first Indian-origin, woman vice president of United States
Harris has been a rising star in Democratic politics for much of the last two decades Born to Jamaican father and an Indian mother, Harris is a former attorney general of California
2 min read7 Nov 2020Markets see the bright side to US election frenzy
Markets can act strangely sometimes. They have surged even when presidential candidate Joe Biden, considered to be less business-friendly, is leading in the US elections. One reason for this could be that investors don’t like uncertainty. Mint explores
2 min read6 Nov 2020Fading hopes of big US spending pull down yields overseas
Investors had expected improving U.S. activity would lead to better European growth
2 min read6 Nov 2020Election 2020: Trump’s lawsuits are getting mixed results
President’s campaign suffered legal defeats in Michigan and Georgia but won victories in Pennsylvania, while opening a new front in Nevada
6 min read6 Nov 2020Fed's Jerome Powell: More stimulus needed to help US economy
Powell steered away from any discussion of politics, saying the economy, not the election, was the focus of the 2-day meeting of the Fed's policy-setting Federal Open Market Committee The recent spike in Covid-19 cases is 'particularly concerning' for the US economy, Powell said
3 min read6 Nov 2020Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared