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May 26 2020
News
Optimism Over Reopening Pushes Stocks Higher
Number of experimental vaccines under development also buoys sentiment in markets.
U.S. stocks rose Tuesday on optimism about economies reopening and the potential development of a coronavirus vaccine.
The Dow Jones Industrial Average rose 640 points, or 2.6%, to 25112. The S&P 500 rose 2%, climbing back above 3000 for the first time since early March and above its 200-day
Wall Street Journal (News)May 14 2020
Headline Roundup
Nearly 3 Million Americans Filed for Unemployment Benefits Last Week
The number of Americans seeking unemployment benefits over the last eight weeks has reached 36.5 million, with about 3 million filing jobless claims last week.
The data underscores the ongoing impact of the COVID-19 coronavirus, as dine-in restaurants and retailers remain largely closed and concerned Americans are staying inside.
ABC News (Online) Wall Street Journal (News) CBNJan 28 2021
News
Where does the GameStop mania end?
From Wall Street to the White House, everyone is watching GameStop shares.
What's happening: Stock in the left-for-dead video game retailer shot up an astonishing 135% to $347.51 on Wednesday, bringing gains since the start of January to 1,745%. In the battle between day traders coordinating on Reddit and legacy hedge funds betting GameStop shares will crash, the rag-tag internet crew
CNN (Online News)Dec 23 2021
Headline Roundup
Under Control or Cause for Concern? Narratives Split on State of Supply Chain
As the Biden administration celebrates recent economic progress, is the supply chain crisis truly under control?
President Joe Biden on Wednesday proclaimed that "Packages are moving, gifts are being delivered and shelves are not empty" after receiving a progress report from his cabinet. Retail inventories are reportedly up 3% from last year, and Biden said delivery times for postal
BBC News CNN (Online News) The Daily WireDec 07 2021
Headline Roundup
California's Theft Penalties, Bail Policies in Spotlight Amid Crime Wave
Amid an outbreak of organized looting in California, critics are honing in on state laws regarding bail for criminals and property theft.
Coverage across the political spectrum highlighted a series of robberies at California retail stores in recent weeks. California Proposition 47, which was passed in 2014 and branded by supporters as a way to reduce jail overcrowding, makes theft of
CalMatters CNN (Online News) Washington ExaminerOct 04 2019
Opinion
The Democrats Are Partially Right about Wealth and Corruption
Fortunes acquired through corruption and cronyism are bad; not so for fortunes acquired through work and innovation.
With strong soak-the-rich rhetoric, Elizabeth Warren has surged in polls for the Democratic presidential nomination. She claims that “billionaires have seized our government” and that “when you’ve got an economy that’s doing great for those with money and isn’t doing
Guest Writer - RightNov 29 2019
Headline Roundup
Black Friday in Europe Sees Protests, Strikes
Protests and strikes involving companies located throughout Europe, particularly Amazon, characterized Black Friday on the continent. Consequences of businesses and corporations on the environment saw widespread protests of retailers, while poor labor conditions were the subject of an Amazon workers' strike in Germany.
Reporting was more frequent from left and center-rated outlets; some
Washington Post BBC News Washington ExaminerAug 19 2019
News
Trump plays down fears of US recession
Donald Trump has tried to reassure markets about the risk of the US falling into a recession by saying the economy is doing "tremendously well".
The US president said he did not see a recession - usually defined as when an economy shrinks for two consecutive quarters.
White House economic adviser Larry Kudlow also said there was "no recession in sight".
Last week,
BBC NewsJun 14 2023
Headline Roundup
Bud Light No Longer Top-Selling US Beer After Dylan Mulvaney Controversy
For the first time since 2001, Bud Light is no longer the top-selling beer in the United States.
The Details: Modelo Especial represented 8.4% of U.S. retail beer sales in the four weeks ended June 3, compared with 7.3% for Bud Light. The brand's sales were down about 24% in the week ended June 3 compared to the same week last year. Bud Light's total U.S. sales over the first five
CNN Business Wall Street Journal (News) National Review (News)Mar 25 2020
News
Newest Shortage in New York: The City Is Running Out of Dogs to Foster
Of all the shortages created by the coronavirus pandemic -- the toilet paper and the hand sanitizer and the bottled water -- the oddest of them all has to be dogs. Oh, and cats too.
That’s right, in the New York city area, the epicenter of the disease, there is suddenly a run on pets. At least of the adopted or fostered kind. Muddy Paws Rescue and Best Friends Animal Society are
Bloomberg