LISTEN TO ARTICLE SHARE THIS ARTICLE It sounded like a great idea back in April. With the economy getting hammered by Covid-19, the Federal Reserve hatched a bold plan to
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Biden Brushes Off Trump’s Long-Shot Effort to Undermine Election
President-elect Joe Biden shrugged off Donald Trump’s effort to challenge the election results, forging ahead with transition planning even as the president pursues a multi-state legal fight backed by Republican
Continue reading »China to impose sanctions on US arms suppliers to Taiwan
US has China ‘under arrest’: Gen. Jack Keane Fox News senior strategic analyst Gen. Jack Keane on China threatening to detain innocent U.S. nationalists in response to the DOJ’s prosecution
Continue reading »Lockdown wipes out job gains since 2016
The biggest loss of jobs among salaried employees was of ‘white-collar professional employees and other employees’. Among these are engineers including software engineers, physicians, teachers, accountants, analysts and so on,
Continue reading »UK health authorities are scrambling to trace 200 air passengers after 8 teens' positive COVID-19 tests went unreported for days
The UK is rushing to track down 204 air passengers after a batch of positive virus tests went unreported by the government's tracing team. Eight teens returning to London from
Continue reading »Turkey Boosts Funding Costs to Avoid Outright Rate Hikes
Follow us @middleeast for more news on the region. Turkey’s central bank offered the nation’s lenders funding through a more expensive channel in the latest effort to reverse declines in
Continue reading »Trump's dream of a 'V' recovery is hanging in the balance of stimulus talks
The White House has been pushing V-shaped recovery narrative that is not reflected in current data. One big sticking point is the rescue package being negotiated in Congress. Lack of
Continue reading »McDonald's to close 200 US stores, majority of which are inside Walmart locations
Former McDonald’s USA CEO: Closing some restaurants is a good thing Former McDonald’s USA CEO Ed Rensi discusses 200 McDonald’s restaurants closing during the coronavirus pandemic and the future of
Continue reading »Polaris Recalls Ranger Off-Road Vehicles, PRO XD, Bobcat Utility Vehicles
Polaris Industries Inc. recalled 13,715 units of Off-Road and Utility Vehicles (UTVs) in North America for possible crash hazard, according to three separate statements issued by the U.S. Consumer Product
Continue reading »You’ll Need a Decoder Ring to Figure Out the U.S. Jobs Numbers
There’s no way around it: Thursday’s U.S. labor reports will be a mess. While the June jobs data and weekly unemployment claims are expected to show further improvement in a
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