Congress is expected to debate a Phase 4 stimulus package next month.
Many economists say additional action is needed to keep jobless people afloat since unemployment remains in the double-digits.
Three plans under consideration are stimulus checks, extra unemployment payments, and hiring bonuses.
Visit Business Insider's homepage for more stories.Congress is expected to debate another economic relief package next month — and lawmakers are starting to roll out their ideas for what directio
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The 3 stimulus plans Congress is debating that could put extra cash into your bank account
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Warren Buffett has warned about the dangers of speculating for years. Day traders aren't listening.
Day traders have recklessly bought into bankrupt and distressed companies in recent weeks.
Billionaires Mark Cuban and Howard Marks compared the buying frenzy to the dot-com bubble.
Warren Buffett has warned against speculating and discussed market bubbles many times.
"Normally sensible people drift into behavior akin to that of Cinderella at the ball," he said.
Visit Business Insider's homepage for more stories.
Day traders have piled into bankrupt and distressed companies in recent weeks, thum -
Wirecard is 'beyond salvageable,' according to one analyst, who says the company's rivals won't be able to benefit from its downfall
Munich-based Wirecard, founded in 1999, was established with the intention of assisting websites with credit card payment collections from customers.
In the past week, the company has witnessed a spectacular fall from grace amid a massive accounting scandal, its former CEO's arrest, and an insolvency filing.
But can fintech rivals benefit from its downfall? One analyst says that it is possible.
Wirecard is "beyond salvageable," Neil Campling, Head of TMT Research at Mirabaud Securities said.
Vis -
Renowned strategist Tom Lee says investors should take a 'leap of faith' on select stocks despite a crisis that's 'worse than the Great Depression'
The coronavirus pandemic is a crisis that's "worse than the Great Depression," but investors should take a "leap of faith" and invest in stocks that would benefit from the reopening of the US economy, Tom Lee said in a CNBC interview on Friday.
Lee did not waver on his bullish call on stocks, but did say that in the short term, stocks are overbought and the market needs to digest its recent gains.
While a spike in coronavirus cases in some states is a valid concern, Lee is constructive on the fa -
Jefferies says buy these 14 cheap stocks that are financially strong and positioned for market-beating returns
Strategist Steven DeSanctis of Jefferies says companies with lower returns on equity have done shockingly well in the last few months, but he says the trend is about to break.
He notes that those low returners have gotten expensive, and recent earnings and economic trends are good news for higher-returning stocks.
Rounding up a series of key market trends, he's created a list of 14 buy-rated small-company stocks that are high returners, look inexpensive compared to their future earnings, and are -
The stock market's fear gauge is sending a persistent warning that has a 30-year track record of signaling meltdowns ahead
The CBOE Volatility Index, also known as Wall Street's fear gauge, is indicating that uncertainty about the future remains elevated despite the strong rally in stocks.
BTIG's Julian Emanuel and economist David Rosenberg examined the historical VIX data since 1990 and concluded that its current level usually portends market losses.
Click here to sign up for our weekly newsletter Investing Insider.
Click here for more BI Prime stories.There were a few days in March when investor fear w
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