JUNE 10, 2020
Money in wallet. - Getty Images
The Federal Reserve said Wednesday it will hold its benchmark interest rate near zero through 2022 to help the economy recover from the coronavirus crisis.
"The Fed has cut interest rates as low as they are going to go without going into negative rates," said Greg McBride, chief financial analyst at Bankrate.com. The economic shock from Covid-19 may call for...
JUNE 10, 2020
Philonise Floyd, brother of George Floyd, at a House Judiciary Committee hearing on Wednesday. (Greg Nash/Pool/Getty Images)
WASHINGTON, D.C. — The killing of George Floyd by Minneapolis Officer Derek Chauvin was “personal” and “premeditated,” Floyd’s brother Philonise asserted in congressional testimony on Wednesday, adding to speculation that the victim and perpetrator of a crime that has gripped...
JUNE 8, 2020
Amid the coronavirus pandemic, Google CEO Sundar Pichai in a message to graduates said "in bleak moments like these, it can be difficult to find hop. So let me skip right to the end and tell you what happens: You will prevail."
The event streamed live was attended by former US president Barack Obama and Michelle Obama, including singer...
JUNE 8, 2020
India is working on two key roads near the China border in eastern Ladakh — the site of a tense weeks-long border stand-off with its northern neighbour — to provide connectivity to an important forward area that the military calls Sub-Sector North (SSN), two senior officers familiar with the developments said on Monday.
While the first is the...
JUNE 8, 2020
People walk on the words 'defund the police' that was painted in bright yellow letters on 16th Street as demonstrators protest Sunday, June 7, 2020, near the White House in Washington, over the death of George Floyd, a black man who was in police custody in Minneapolis. Floyd died after being restrained by Minneapolis police officers on...
JUNE 8, 2020
New Jersey First Lady Tammy Murphy hands out bags containing meals, face masks and other personal protective supplies to residents in need outside the NAN Newark Tech World during the outbreak of the coronavirus disease (COVID-19) in Newark, New Jersey, May 6, 2020.
The worst U.S. downturn since the Great Depression is now officially a recession, according...
JUNE 7, 2020
Most times when we look at polling we talk about margins. For example, former Vice President Joe Biden leads President Donald Trump by a 7 point margin in an NBC News/Wall Street Journal poll out on Sunday. What that can miss, however, is that Biden's close to 50% (49%), while Trump isn't anywhere close (42%) in the...
JUNE 7, 2020
WHO Friday changed its guidelines on using face masks, advising that face masks should be worn in public to stop the spread of COVID-19, which has over 6.7 million cases worldwide with a death toll that is nearing 400,000.
In a statement, WHO’s Director-General Dr. Tedros Adhanom Ghebreyesus said the body has updated its guidance keeping in mind...
JUNE 7, 2020
Washington, DC Mayor Muriel Bowser is surrounded by clergy as she speaks during a vigil as protests continue on the streets near the White House over the death in police custody of George Floyd, in Washington, June 3, 2020. - Kevin Lamarque/Reuters
President Donald Trump's comments and federal response to the recent George Floyd protests encouraged more...
JUNE 7, 2020
U.S. allies in Europe expressed dismay over President Trump’s plan to slash the number of American troops in Germany by more than a quarter, saying it undermined NATO and boosted adversaries such as Russia.
Mr. Trump’s order, reported by The Wall Street Journal on Friday, surprised allies, who hadn’t been officially informed, according to European diplomats. The proposed...
