Friday, June 24, 2022

Economy

Chinese manufacturing expands in October

China’s manufacturing activity expanded in the month of October for the eighth straight month, however at a slightly slower rate than in September, the National Bureau of Statistics reported. The Purchasing Managers’ Index...

US GDP recovered significant ground in record third-quarter

The US economy staged a record-setting rebound from the coronavirus crisis in the third quarter, the feds said Thursday — but there’s still a long way to go before the nation makes a full recovery.

Dow falls 943 points Wednesday as COVID-19 lockdowns loom

The Dow Jones Industrial Average lost more than 900 points Wednesday as investors continued to fret over bad news surrounding the spread of the coronavirus. The blue-chip index dropped 943.24 points, or 3.43%, while...

Amy Coney Barrett confirmed, sworn in as Supreme Court justice on same day

Amy Coney Barrett was sworn in as a U.S. Supreme Court justice on Monday night after the Senate voted to confirm her nomination earlier in the day. Monday, the Senate voted 52-48 to confirm Barrett...

US stocks tumble amid virus woes

US stocks are slumping sharply in midday Monday trading on Wall Street and deepening last week’s losses, as a troubling climb in coronavirus counts threatens the global economy. The Dow Jones Industrial Average...

The Theatre and the Virus

There has been no theatre to speak of in New York for months now, and the pandemic did its short-term damage to the people whose livelihoods depend on Broadway and Off-Broadway, and even Off-Off Broadway. The actors,...

Plunge in travel spending hurt AmEx profits

The pandemic’s deep impacts on travel, entertainment and dining dramatically impacted American Express' fourth-quarter profits dropped by 39%, the company reported on Friday. The credit card giant, earned $1.07 billion, or $1.30...

Japan and Britain sign free trade deal for the post-Brexit era

Last week, Japan and Britain signed a free trade agreement, the first major post-Brexit deal, reducing tariffs on goods like Yorkshire lamb sold in Japan as well as auto parts for Japan’s Nissan plant.

Trump/Biden face off in a high-stakes final debate

President Donald Trump and Former Vice President Joe Biden hold a high-stakes debate on Thursday that may be the final opportunity for the president -- trailing in the polls -- to present his case for reelection to...

Short-video app Quibi fizzles months after high profile launch

Short-video app Quibi is shutting down operations just six months after its early April launch. The company said Wednesday that it would wind down its operations and plans to sell its assets. “Quibi is not succeeding,” its top...
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Latest News

Billionaire Elon Musk: Recession is “Inevitable”

Elon Musk, Tesla CEO and billionaire says a recession is "inevitable" in the long term and one is...
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One-Hundred-And-Fifty New Yorkers Overcome Homelessness and Secure Full-Time Employment

A New York City-based non-profit recently honored a crop of homeless individuals who are now celebrating a new lease on life.

BioBiz: Experimental rectal cancer immunotherapy successful in small study;

A paper in the New England Journal of Medicine describes how an early trial for a drug to treat rectal cancer at...

New Podcast Takes Aim at the Subject of UFOs with a Mystery Guest from the Military Intelligence Community

Faith Reason and Geekdom covers the wide world of news and social topics from a different perspective and appeals to those who are generally...

Bit Origin Limited Intends to Invest in an Operator of a Cryptocurrency Mining Site in Macon, Georgia

Bit Origin Limited, an emerging publicly traded (ticker BTOG), growth company engaged in crypto mining business with diversified expansion strategies, announced that...