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US stocks jump after President Trump signs $900 billion stimulus bill

Pool / Pool/Getty Images US stocks edged higher on Monday after President Donald Trump signed a $900 billion stimulus bill after previously le…

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Stimulus Bill

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  • US stocks edged higher on Monday after President Donald Trump signed a $900 billion stimulus bill after previously leaving it up in the air as he advocated for $2,000 stimulus checks.
  • The bill Trump signed will include $600 stimulus checks, though Trump and Democrats continue to advocate for an increase to $2,000.
  • The House of Representatives will vote on a measure on Monday to increase the size of the checks to $2,000, though Senate Majority Leader Mitch McConnell has not shown willingness to support bigger checks.
  • Watch major indexes update live here.

US stocks gained on Monday after President Donald Trump signed a $900 billion stimulus bill that includes $600 stimulus checks and an extension of the Paycheck Protection Program and unemployment benefits.

After the stimulus bill was passed by Congress, Trump signaled he may not sign the bill as he complained about “pork spending” and advocated for an increase in stimulus checks to $2,000 from $600.

The signing of the bill prevented a government shutdown that would have occurred at midnight tonight. Democrats and Trump continue to advocate for an increase in stimulus checks to $2,000.

Senate Minority Leader Chuck Schumer tweeted on Sunday, “The House will pass a bill to give Americans $2,000 checks. Then I will move to pass it in the Senate. No Democrats will object. Will Senate Republicans?”

Senate Majority Leader Mitch McConnell has shown no signs of supporting $2,000 stimulus checks.

Here’s where US indexes stood shortly after the 9:30 a.m. ET open on Monday:

Read more: ‘It could be a Roaring 20s that will end badly’: An equities chief who oversees over $7 billion shares his investing playbook and major predictions for 2021 and beyond

AstraZeneca is on the verge of receiving emergency use authorization from the UK for its COVID-19 vaccine, according to The Telegraph. The rollout and administration of its vaccine could begin in the country in the first week of 2021.

AstraZeneca’s CEO said its vaccine candidate could reach 95% efficacy, on par with vaccines from Pfizer and Moderna, in an interview with the Sunday Times. Shares of AstraZeneca jumped as much as 6% in Monday trades.

Oil prices edged lower. West Texas Intermediate crude fell as much as 0.19%, to $48.14 per barrel. Brent crude, oil’s international benchmark, fell 0.02%, to $51.28 per barrel, at intraday lows.

Gold rose as much as 0.52%, to $1,893.00 per ounce.

Read more: A hedge fund chief who oversees $2 billion breaks down why we’re in for a 61% stock-market crash over the next 18-24 months – and shares 3 types of companies he’s shorting right now

Source: https://markets.businessinsider.com/news/stocks/stock-market-news-today-trump-signs-900-billion-stimulus-bill-2020-12-1029921435

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Global Digital Education Content Market5: Technavio

NEW YORK, June 9, 2021 /PRNewswire/ –The digital education content market is expected to grow by USD 42.93 billion, progressing at a CAGR of almo…

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NEW YORK, June 9, 2021 /PRNewswire/ —

Digital Education Content Market by End-user and Geography - Forecast and Analysis 2021-2025

The digital education content market is expected to grow by USD 42.93 billion, progressing at a CAGR of almost 12% during the forecast period.

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The rapid penetration of internet-enabled devices is one of the major factors propelling the market growth. However, factors such as increased availability of open educational resources will hamper the market growth.

More details: https://www.technavio.com/report/digital-education-content-market-industry-analysis

Digital Education Content Market: End-user Landscape

The involvement of digital education technology in K-12 education is primarily in the form of digital textbooks. Owing to the high cost and limited accessibility associated with traditional printed textbooks, educational institutions are increasingly focusing on the development of digital content libraries and online resources. Therefore, the growth of the market segment is expected to be significant during the forecast period.

Digital Education Content Market: Geographic Landscape

47% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for digital education content in North America. Market growth in this region will be slower than the growth of the market in APAC, South America, and MEA. The rising adoption of internet-enabled devices in education is one of the prime factors that will facilitate the digital education content market growth in North America over the forecast period.

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Related Reports on Consumer Discretionary Include:

Digital Educational Publishing Market by End-user and Geography – Forecast and Analysis 2021-2025: The digital educational publishing market has the potential to grow by USD 9.03 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 15.57%. To get extensive research insights: Download Our Exclusive Sample Report

Higher Education M-learning Market by Type and Geography – Forecast and Analysis 2021-2025: The higher education m-learning market size has the potential to grow by USD 3.44 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 22.46%. Download Our Exclusive Sample Report

Companies Covered:

  • Adobe Inc.
  • Cengage Learning Holdings II Inc.
  • McGraw-Hill Education Inc.
  • MPS Ltd.
  • New Oriental Education & Technology Group Inc.
  • NIIT Ltd.
  • Pearson Plc
  • Providence Equity Partners LLC
  • TAL Education Group
  • Think & Learn Pvt. Ltd.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2020, 2021, until 2025
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • K-12 – Market size and forecast 2020-2025
  • Higher education – Market size and forecast 2020-2025
  • Market opportunity by End-user

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Adobe Inc.
  • Cengage Learning Holdings II Inc.
  • McGraw-Hill Education Inc.
  • MPS Ltd.
  • New Oriental Education and Technology Group Inc.
  • NIIT Ltd.
  • Pearson Plc
  • Providence Equity Partners LLC
  • TAL Education Group
  • Think & Learn Pvt. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report: https://www.technavio.com/report/digital-education-content-market-industry-analysis

Technavio (PRNewsfoto/Technavio)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/global-digital-education-content-market-2021-2025-technavio-301308595.html

SOURCE Technavio

Markets Insider and Business Insider Editorial Teams were not involved in the creation of this post.

Source: https://markets.businessinsider.com/news/stocks/global-digital-education-content-market-2021-2025-technavio-1030506731

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Prime Minister of Dominica Provides Update on International Airport and Importance of Citizenship by Investment Funds to Public Sector

LONDON, June 6, 2021 /PRNewswire/ — During a government programme, Prime Minister Roosevelt Skerrit of the Commonwealth of Dominica provided view…

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LONDON, June 6, 2021 /PRNewswire/ — During a government programme, Prime Minister Roosevelt Skerrit of the Commonwealth of Dominica provided viewers with an update on the anticipated international airport. The government has now officially signed an agreement with Montreal Management Company to construct the airport funded entirely by the country’s Citizenship by Investment (CBI) Programme.

Project manager Collin McIntyre joined the Prime Minister to discuss the importance of using CBI funds instead of taking out loans that would burden taxpayers and generate additional debt. Prime Minister Skerrit also reviewed how the funds are used, detailing the government’s transparency. This includes a budget for the airport’s construction with the government appropriating CBI allocations to meet the budgeted amount.

Prime Minister Skerrit also noted how vital the programme was to the public sector as a whole: “We thank God for the CBI and the many opportunities the programme has brought to our country. […] The CBI funds are used for public sector investment projects [like] roads, bridges, schools, housing, health centres, hospitals and paying down on our most expensive debts. We really have not been using the CBI funds for recurrent expenditure except after Hurricane Maria.”

As of late, funds from the programme have contributed to constructing a state-of-the-art hospital, an expansive housing project, and 12 health centres on the island. The programme’s transparency has been corroborated by independent bodies, including Pricewaterhouse Coopers, which did an audit of the programme and its expenditure analysis in a 2019 report.

With nearly three decades of experience within the investment migration realm, Dominica’s CBI Programme is consistently ranked as the world’s best by the annual CBI Index. The programme enables wealthy individuals and additional dependants to become citizens of the country by investing in a government fund or purchasing pre-approved real estate. Applicants are then subjected to rigorous due diligence checks to ensure only those of upstanding character become citizens. Only once passing these checks do applicants receive a receipt of citizenship and apply for their second passport. Citizens and expats from or residing in the Middle East, particularly in the United Arab Emirates, have flocked to Dominica for decades under its economic citizenship programme due to its affordability, longevity and its family structure that enables applicants to add a wide list of dependants to an application.

Being a Dominican citizen comes with a wealth of opportunities like increased global mobility to over 140 countries and territories, alternative business prospects in a stable democracy and significantly, the ability to pass citizenship down for generations to come.

Contact: +447867942505, [email protected], www.csglobalpartners.com

Cision View original content:https://www.prnewswire.com/news-releases/prime-minister-of-dominica-provides-update-on-international-airport-and-importance-of-citizenship-by-investment-funds-to-public-sector-301306238.html

SOURCE CS Global Partners

Markets Insider and Business Insider Editorial Teams were not involved in the creation of this post.

As of late, funds from the programme have contributed to constructing a state-of-the-art hospital, an expansive housing project, and 12 health centres on the island. The programme’s transparency has been corroborated by independent bodies, including Pricewaterhouse Coopers, which did an audit of the programme and its expenditure analysis in a 2019 report.

Source: https://markets.businessinsider.com/news/stocks/prime-minister-of-dominica-provides-update-on-international-airport-and-importance-of-citizenship-by-investment-funds-to-public-sector-1030497342

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Global Automated Material Handling Equipment Market to Reach $59.5 Billion by 2026

SAN FRANCISCO, June 2, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research compa…

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SAN FRANCISCO, June 2, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Automated Material Handling Equipment – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

Global Automated Material Handling Equipment Market

FACTS AT A GLANCE
Edition: 18; Released: April 2021
Executive Engagements: 35541
Companies: 263– Players covered include Bastian Solutions; BEUMER Group GmbH & Co. KG; Daifuku Co. Ltd.; Honeywell Intelligrated; Hytrol Conveyor Co. Inc.; Jungheinrich AG; Kardex AG; KION Group AG; Mecalux S.A; Murata Machinery Ltd.; SSI SCHAEFER; Swisslog Holding AG; Toyota Industries Corporation; Vanderlande Industries Nederland B.V and Others.
Coverage: All major geographies and key segments
Segments: Product Type (Robots, Automated Storage & Retrieval Systems (ASRS), Conveyors & Sortation Systems, Cranes, Other Product Types); System Type (Unit Load Material Handling Systems, Bulk Load Material Handling Systems); Function (Storage, Transportation, Distribution, Packaging, Assembly, Waste Handling); End-Use (Automotive, Metals & Heavy Machinery, Food & Beverage, Chemicals, Semiconductor & Electronics, Healthcare, Aviation, eCommerce, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Complimentary Project Preview – This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

ABSTRACT-

Global Automated Material Handling Equipment Market to Reach $59.5 Billion by 2026
Automated material handling focuses on eliminating manual labor for material handling operations such as moving, sorting, organizing and retrieving of materials. Automated material handling offers an accurate, efficient and cost-effective approach for faster and easy movement of materials/goods throughout the facility.

Adapting manufacturing for COVID-19 crisis will require automation and Industry 4.0, which in turn will substantially increase the growth potential for manufacturing automation market. Technologies such as automated assembly lines, real-time plant monitoring equipment, and manufacturing data collection system, will gain traction among industrial enterprises seeking to manage their facilities with fewer staff.

Automated material handling equipment such as robotic systems find extended use in the aerospace industry. The use of automated baggage handling systems is gaining prominence in airports, due to the growing need for security and the subsequent adoption of stringent guidelines for ensuring the same. Material handling in the automobile industry mostly comprises automated handling systems such as robots that are used for spot welding and related tasks. Food & beverage industry players are increasingly using automated systems for a range of manufacturing, packaging and distribution operations.

Amid the COVID-19 crisis, the global market for Automated Material Handling Equipment estimated at US$39.3 Billion in the year 2020, is projected to reach a revised size of US$59.5 Billion by 2026, growing at a CAGR of 7.2% over the analysis period. Robots, one of the segments analyzed in the report, is projected to record a 9% CAGR and reach US$30 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Automated Storage & Retrieval Systems (ASRS) segment is readjusted to a revised 6.4% CAGR for the next 7-year period. Robots are becoming viable options for tasks where there is considerable risk to humans. Material handling robots can be used to feed, transfer or disengage tools and parts, from one location or one machine to another. The ability of robots to work around-the-clock without fatigue has extended the use of robotics in packaging applications. An ASRS is the combination of several equipment and equipment controls which not just store and handle but also retrieve materials with a defined level of automation. ASRS can greatly save on labor costs and also accommodate specialized storage needs of warehouses. Modern ASRS are also suitable for temperature-controlled product storage and retrieval.

The U.S. Market is Estimated at $7.7 Billion in 2021, While China is Forecast to Reach $14.2 Billion by 2026
The Automated Material Handling Equipment market in the U.S. is estimated at US$7.7 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$14.2 Billion by the year 2026 trailing a CAGR of 8.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 6.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR.

Conveyors & Sortation Systems Segment to Reach $8.3 Billion by 2026
Automated conveyor systems are useful for repeated transportation of raw materials or finished goods or components in distribution centers or production facilities. Sortation systems, on the other hand, are utilized for merging, identifying, inducting, separating and conveying products to particular destinations. The use of conveyor and sortation systems facilitates in greater efficiency in manufacturing, wholesale, retail and distribution functions. These systems aid in saving labor costs, since large volumes of products or material can be rapidly sorted. In the global Conveyors & Sortation Systems segment, USA, Canada, Japan, China and Europe will drive the 5.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.7 Billion in the year 2020 will reach a projected size of US$6.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.3 Billion by the year 2026. More

MarketGlass™ Platform
Our MarketGlass™ Platform is a free full-stack knowledge center that is custom configurable to today’s busy business executive’s intelligence needs! This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide. Features include – enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.

Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just released mobile application on iOS or Android

About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world’s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

LINKS
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Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/global-automated-material-handling-equipment-market-to-reach-59-5-billion-by-2026–301302429.html

SOURCE Global Industry Analysts, Inc.

Markets Insider and Business Insider Editorial Teams were not involved in the creation of this post.

Source: https://markets.businessinsider.com/news/stocks/global-automated-material-handling-equipment-market-to-reach-59-5-billion-by-2026-1030487985

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