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Mar 03 2020
U.S. stocks spiked, then erased the entirety of a brief rally Tuesday after the Federal Reserve cut interest rates in a move meant to cushion the economy against economic disruptions due to the coronavirus epidemic.
Markets were volatile after the Fed’s announcement. Stocks initially shot higher, propelling the Dow Jones Industrial average up more than 300 points. But within 15 minutesWall Street Journal (News)
Mar 03 2020
The Federal Reserve slashed interest rates by half a percentage point on Tuesday in the wake of concerns that the coronavirus outbreak could damage the US economy.
It was the first unscheduled, emergency rate cut since 2008. It was also the biggest since one-time cut since then. The new benchmark interest rate is 1% to 1.25%CNN (Online News)
Jun 01 2020
President Trump is strengthening his grip on the Republican Party as they head into the heat of an election season that Democrats want to make a referendum on Trump and his handling of the coronavirus crisis.
Trump flexed his muscle on Capitol Hill last week by scuttling bipartisan legislation to extend the intelligence surveillance powers that had passed the Senate easily and wasThe Hill
Apr 12 2020
On Fox News Thursday in discussion with Sean Hannity, Sen. Lindsey Graham (R-SC) made an extraordinary statement: That he wants the United States to “cancel” some of the national debt held by the Chinese government as punishment for allowing the coronavirus to spread beyond its borders.
“I want to get the medical supply chain back in the United States, and I want to start canceling someRaw Story
Apr 09 2020
There is no proof that hydroxychloroquine (commonly known as HCQ) is effective in treating Covid-19, but Mr Trump has called it a "game-changer" in the fight against coronavirus.
An anti-malaria drug, it's also routinely prescribed for autoimmune disorders like rheumatoid arthritis and lupus - John Hopkins Lupus Centre has described it as a sort of "lupus life insurance" - and is takenBBC News
Jul 23 2020
There remains essentially no evidence for President Trump's constant claims that expanded voting by mail will allow the November election to be stolen from him. But a new poll shows his dark warnings are nonetheless resonating with the public.
Mail-in voting is vulnerable to significant levels of fraud, in the view of almost half of respondents to the latest ABC-Washington Post poll,The Fulcrum
Apr 08 2020
So — it turns out there are no socialists in pandemic elections. Bernie Sanders has suspended his campaign, which in normal times would be major news. Amid the panic of the coronavirus crisis, however, most people won’t be that interested. The still incomplete Democratic primary already feels like ancient history, a relic of the BC (Before COVID-19) time.
Nevertheless, Sanders’sSpectator USA
Jul 22 2020
Small business loans issued by the U.S. government saved between 1.4 million and 3.2 million jobs during the coronavirus pandemic, a new study has found, well short of the 51 million claimed by the Trump administration.
The study was released by the Massachusetts Institute of Technology and the Federal Reserve. It found that the Paycheck Protection Program raised employment by 2% to 4.5International Business Times
Jul 22 2020
Shocking drone video footage of blindfolded Uighur prisoners being herded onto trains went viral this past week. The clip, which originally surfaced in September 2019 and which analysts confirmed was filmed in China’s Xinjiang region, has elicited comparisons to the Holocaust and calls to boycott the 2022 Winter Olympics in Beijing. Similarly eerie incidents abound. On July 1, 2020, U.S.National Review
Apr 07 2020
Among the works that first brought Henry Kissinger to academic acclaim was "A World Restored," his 1950s book about how the greatest diplomats of Europe met at the Congress of Vienna to restore order to a continent shattered by the Napoleonic Wars.
The balance-of-power peace these men achieved lasted — with the significant exception of the Franco-Prussian War of 1870-1871 — for the fullPat Buchanan