WASHINGTON — The $150 billion economic stimulus package agreed between House leaders and the White House Thursday should give a boost to retailers this summer by injecting fresh cash into the hands of consumers, although the news didn't help retail stocks as they lagged behind broader gains on Wall Street.
In what has become a rare instance of bipartisan politics, House Speaker Nancy Pelosi (D., Calif.), Minority Leader John Boehner (R., Ohio) and Treasury Secretary Henry Paulson Jr. unveiled the deal aimed at reviving the faltering economy at a press conference on Capitol Hill. The package includes about $100 billion in tax rebates and $50 billion for business tax cuts.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)