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Dec 10 2020
Analysis
The appointments Biden needs to prioritize to revitalize the economy
The Federal Reserve is the most important economic agency in the country. Biden should treat it as such.
Joe Biden is still more than a month away from taking office, but already the basic tasks of his first year in office seem quite clear: He has to end the Covid-19 pandemic, and he has to end the recession and economic fallout from the pandemic.
Most attention on the latter has
VoxApr 16 2020
News
Small business rescue funds depleted with Congress deadlocked
The small business rescue fund set up by Congress exhausted its $350 billion funding capacity Thursday morning, as U.S. lawmakers remained mired in a battle over providing more money.
Congressional Democrats continued their talks with the Trump administration on Thursday on whether there's a deal that can pass Congress unanimously. Without additional funding, banks and the Small
PoliticoAug 31 2020
News
Falling Covid-19 cases create opportunity and peril for Trump
Coronavirus infections are down in nearly every state. That could either give President Donald Trump just what he needs to prime his reelection odds or become another missed opportunity to capitalize on a lull during the pandemic.
The positive trends are real. Covid-19 cases have been falling since late July, including in several battleground states. Hospitalizations have dropped 37
PoliticoNov 16 2020
News
The Dow just clinched its fastest bear-market recovery in 30 years
The Dow Jones Industrial Average on Monday notched its first all-time high since February, ending a relative fallow period for the blue-chip benchmark, which was hit hard by the COVID-19 pandemic relative to its peers.
But the climb still represents the fastest rebound from a bear-market low for the benchmark in about three decades, according to Dow Jones Market Data.
On Monday,
MarketWatchAug 05 2021
Analysis
Small-Time Landlords ‘Hanging on By Their Fingernails’ as Eviction Moratorium Drags On
One of Raj Sookram’s tenants stopped paying rent in December. Another man hasn’t paid him a cent in 20 months. He now owes Sookram over $20,000.
One woman stopped paying this spring, Sookram said, then demanded that he fix her hot water heater when it blew. That ended with city officials threatening Sookram with daily fines.
In all, Sookram said, about half of the tenants living
National Review (News)Apr 15 2020
News
Black Businesses Matter, But Will They Get Fair Share Of COVID-19 Aid Money?
“African Americans never really recovered from the housing crash and economic meltdown and that reality is going to be a very important factor for Black people, especially since the U.S. may be going into some form of depression,” said Bill Fletcher Jr., former president of TransAfrica Forum and a senior scholar with the Institute for Policy Studies. “I saw a report last week that shows the
Chicago DefenderSep 26 2020
News
California Pastor Moves Church Services Outside After Facing More than $100K in Fines
One California megachurch pastor who initially refused to stop holding indoor worship services has submitted to the city government after facing more than $100,000 in financial penalties.
Jack Trieber, pastor of North Valley Baptist Church in Santa Clara, said his church was facing $5,000 in fines for every indoor service. His congregation was also being saddled with additional
CBNMar 12 2021
Fact Check
Most immigrants in US illegally aren't eligible for direct $1,400 stimulus checks
A widely shared Facebook post claims that people living in the country illegally will get payments from the $1.9 trillion coronavirus pandemic relief package.
The post states: "Illegal aliens will receive $1,400 stimulus checks."
The post was flagged as part of Facebook’s efforts to combat false news and misinformation on its News Feed. (Read more about our partnership with
PolitiFactJul 29 2020
News
Report: N.B.A.’s Academies in China Abused Athletes
The N.B.A. has been accused of helping run basketball academies in China where children were regularly abused by coaches and staff members at government-run facilities, according to a scathing ESPN report on Wednesday that put the league’s relationship with the authoritarian country once again in a harsh spotlight.
The report, published one day before the N.B.A. resumes a season delayed
New York Times (News)Apr 14 2020
News
Explainer: Why vote by mail triggered a partisan battle ahead of November's election
The drive to expand vote-by-mail options during the coronavirus pandemic has emerged as the centerpiece of a growing political fight ahead of November’s election.
President Donald Trump and his Republican allies have attacked the idea of expanding mail balloting, arguing it is vulnerable to fraud and openly worrying that easier voting would hurt their party’s chances in November.
Reuters