Stocks continue to climb even amidst civil unrest around the United States, on the theory that the economy is going to bounce back strongly from the coronavirus pandemic
just a day after warning lawmakers of massive fraud in the unemployment insurance system, becoming the latest watchdog to exit the Trump administration.
“The world’s largest asset manager is sparking concern from U.S. lawmakers in both parties on multiple fronts, including over its sheer size and market power, its ties to China, its tough stance against companies that contribute to climate change and the extent to which its own bottom line may benefit from the government programs.
“Biden supporters and bundlers have seen a massive uptick in new contributions and donor commitments since the protests began last week … Fundraisers said that they have each helped to raise between $200,000 and more than $1 million over the past week. In some cases, bundlers say they are raising money at a much faster clip than they had in similar lengths of time.
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