Fed Chairman Jerome Powell returned to “60 Minutes” on Sunday to tell Americans that the economy is going to start growing strongly, but they shouldn’t expect the central banks to start raising interest rates as a result. Asked by CBS News’ Scott Pelley when the Fed will start “tapping the …
Read More »
Dr. Anthony Fauci called all three U.S. coronavirus vaccines ‘highly efficacious.’ NBC Dr. Anthony Fauci has urged Americans not to turn their nose up at the COVID-19 vaccine they’re offered, and said all three vaccines currently available to Americans are “highly efficacious” in the battle against the coronavirus pandemic. The …
Read More »
Dear Moneyist, I didn’t want to put my parents at risk for Thanksgiving, so I booked a house on their street two months ago and stayed there for six days. My wife and I sequestered for another six days beforehand. Before we sequestered we both got COVID-19 tests, which were …
Read More »
As the nation’s attention was focused on who would be the next president the day after the Nov. 3 election, Sierra Graves was busy grabbing as many of her and her three children’s belongings as she could. Just 10 minutes later, sheriff’s deputies knocked on her apartment door to evict …
Read More »
Last week, pictures of maskless students crowding the hall of Georgia’s freshly reopened North Paulding High School went viral and raised questions all over the internet as to whether getting kids back to school while coronavirus cases are still on the rise is a good idea. These are the kinds …
Read More »
Dr. Anthony Fauci on Tuesday called the coronavirus pandemic his “worst nightmare,” and warned that while he’s confident a vaccine will be developed, the outbreak is far from over. “ “In a period of four months, it has devastated the whole world. And it isn’t over yet.” ” — Dr. …
Read More »
Scott Minerd, global chief investment officer at Guggenheim Partners isn’t optimistic about the economic recovery from the coronavirus pandemic, and he worries the tepid rebound could lead to a “populist revolt to address massive inequality of income and wealth.” Minerd wrote in a Sunday blog post that he predicts there …
Read More »
“ ‘It’s going to be brutal. There’s no way to sugarcoat it at all.’ ” That is outspoken billionaire and Dallas Mavericks owner Mark Cuban, who has been increasingly visible as the National Basketball Association has been temporarily suspended due to the deadly COVID-19 pandemic. On Wednesday morning, Cuban, speaking …
Read More »