Trends - Chuck Schumer - Business Recorder

Chuck Schumer

US Senate greenlights huge innovation bill to counter China

Biden said he was "encouraged" by the Senate's passage of the United States Innovation and Competition Act.

Published 09 Jun, 2021 11:07am

World

Biden says 'time to end' US war in Afghanistan with total pullout

Biden said the United States had "accomplished" its limited original mission of crushing the international militants groups behind the 9/11 attacks and that with every passing year the rationale for staying was "increasingly unclear."

Updated 15 Apr, 2021 12:19am

World

NY governor refuses to resign over harassment, but pressure mounts

NEW YORK: New York's embattled Governor Andrew Cuomo said Friday he will not step down despite calls to do so by...

Published 14 Mar, 2021 04:13am

World

US Senator Schumer backs inquiry after more women accuse Cuomo of sex misconduct

The new accusations surfaced after three women had accused Cuomo, 63, of sexually harassing them or making inappropriate remarks. He has denied any misconduct and pledged to cooperate with the review by James' office.

Published 08 Mar, 2021 11:00am

World

US House set to vote on bills to expand gun background checks

The other bill extends the initial background check review period to 10 days from three. Under existing law, the sale of guns can proceed if a background check is not completed within three days.

Published 08 Mar, 2021 10:17am

World

'Giant step' as Biden Covid rescue plan clears Senate

It would also provide $49 billion for expanded Covid testing, tracing and research, and $14 billion for vaccine distribution.

Updated 07 Mar, 2021 05:25pm

Biden Covid rescue plan clears crucial Senate hurdle

WASHINGTON: The US Senate on Saturday voted to approve a $1.9 trillion relief package that President Joe Biden vows...

Updated 07 Mar, 2021 05:21pm

World

US House passes sweeping election bill, Senate prospects unclear

The measure also comes as lawmakers in 43 states have introduced legislation to place more limits on voting, according to the Brennan Center for Justice.

Published 04 Mar, 2021 09:49am

World

US Senate to debate Biden stimulus plan 'this week': Schumer

Given the Republicans' wholesale opposition, their defection risked scuttling the entire plan.

Published 02 Mar, 2021 11:07am

World

Impeachment prosecutors to wrap up case against Trump

"We know from the rioters themselves that if they had found Speaker Pelosi, they would have killed her," said impeachment manager Stacey Plaskett, a House delegate from the US Virgin Islands.

Published 11 Feb, 2021 01:10pm

World

Second impeachment trial of Donald Trump begins

WASHINGTON: The US Senate on Tuesday opened the historic second impeachment trial of Donald Trump, who stands ...

Updated 10 Feb, 2021 09:40am

World

US Senate to begin work on COVID-19 relief as early as next week

The Senate, as early as next week, will begin the process of considering a very strong COVID relief bill.
We need recovery and rescue quickly. Everywhere you look alarm bells are ringing.

Published 28 Jan, 2021 09:44pm

Markets

Stimulus jitters dent Wall Street’s early gains

NEW YORK: Major US averages on Monday closed off their best levels of the day, although the S&P and Nasdaq still...

Published 27 Jan, 2021 04:59am

Business & Finance

Dollar holds one-week high in Europe

LONDON: The dollar held at a one-week high on Tuesday as doubts over the speed and size of US stimulus discouraged...

Published 27 Jan, 2021 04:59am

Markets

Copper inches higher as investors eye US stimulus

Biden is pushing for a sweeping pandemic relief proposal, but Democratic Majority Leader Chuck Schumer.

Published 26 Jan, 2021 11:46am

World

House sends Trump impeachment article to Senate, triggering trial

Trump repeatedly and falsely claimed he had won the election and summoned his supporters to Washington on January 6 for a rally that coincided with the certification of the results by Congress.

Published 26 Jan, 2021 11:16am

Markets

Asian markets stumble on stimulus timing and size

Investors are also keeping tabs on the ongoing earnings season, while the Federal Reserve's next board meeting this week is expected to shed light on its plans for monetary policy in light of the stimulus proposal.

Published 26 Jan, 2021 10:57am

World

Republican McConnell proposes Trump get two weeks to prepare for Senate impeachment trial

In a statement, McConnell said he had sent his proposal to Senate Democratic Leader Chuck Schumer.

Published 22 Jan, 2021 12:15pm

Business & Finance

US FAA chief orders 'zero tolerance' for disruptive airline passengers, possibly jail

On Friday, Alaska Airlines said it banned 14 passengers from future travel after "unacceptable" behavior on a flight from Washington to Seattle.

Published 14 Jan, 2021 12:38pm

World

Defying Trump, McConnell puts off vote on $2,000 checks, urges override of defence bill veto

The Senate is expected to hold a procedural vote on Trump's veto on Wednesday evening, which could lead to final passage later in the week or over the weekend.

Published 30 Dec, 2020 10:03am

World

Trump rejects Covid relief bill, calling it 'a disgrace'

Democratic leaders pounced immediately to insist that their party had been in favor of higher individual relief payments from the start.

Published 23 Dec, 2020 08:51am

Technology

US lawmakers back $1.9 billion to replace telecom equipment from China's Huawei, ZTE

It also includes about $250 million for additional FCC support for telehealth and $1 billion for a NTIA tribal broadband connectivity grant program.

Published 21 Dec, 2020 11:08am

World

Still no COVID-19 relief bill as U.S. Congress faces shutdown deadline

Congressional leaders plan to pass the COVID-19 aid as part of sweeping legislation to fund the government through September 2021.

Published 18 Dec, 2020 08:20pm

Markets

Asian markets slip as dealers track stimulus progress

Prime Minister Boris Johnson has said that there is still a good chance of a no-deal, with negotiators unable to find common ground on access to fishing grounds.

Updated 18 Dec, 2020 12:41pm

World

Top US Congress leaders start second meeting on COVID-19 aid, government funding

The other includes the two main sticking points on Capitol Hill that McConnell cited: the liability protections for businesses and other organizations, and $160 billion for state and local governments.

Published 16 Dec, 2020 11:19am

World

Senate's McConnell urges dropping liability, state aid in COVID-19 deal; Schumer objects

Earlier on Tuesday, Pelosi said she supported including another round of $1,200 direct payments for Americans in the next package of coronavirus relief.

Published 09 Dec, 2020 11:44am

Markets

Gold hits two-week peak on US stimulus bets

Spot gold rose 0.3% to $1,869.06 per ounce by 0504 GMT, having touched its highest since Nov. 23 of $1,871.52 earlier in the session.

Published 08 Dec, 2020 12:48pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Cotton US¢/pound / Apr 23	82.37
Petrol/Litre / Apr 24	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Chuck Schumer

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