The Pentagon in Washington D.C. Getty Images/iStockphoto Anthony Tata, a retired Army general who was recently named a top Pentagon official, has tested positive for the coronavirus, Bloomberg News reported Thursday night. Tata has been performing the duties of the undersecretary of defense for policy since last week, after Defense …
Read More »The Wall Street Journal: White House official traveled to Syria for talks to free U.S. hostages
A top White House official recently traveled to Damascus for secret talks with the Assad regime, marking the first time such a high-level U.S. official has met in Syria with the isolated government in more than a decade, according to Trump administration officials and others familiar with the negotiations. Kash …
Read More »UK economy “quite likely” headed for more monetary stimulus – Bank of England official
A Bank of England official said Friday that he thought it “quite likely that additional monetary stimulus will be appropriate” in order for the British central bank to reach its official 2% annual inflation target. Michael Saunders, a member of the BoE’s rate-setting Monetary Policy Committee, said in a speech …
Read More »French official expresses optimism recovery fund proposal will be backed amid ‘Frugal Four’ opposition
A French official on Tuesday expressed optimism the European Council will back the efforts by France and Germany for a 500 billion euro fund to aid economic recovery efforts. “I am confident that we will find a way,” said Odile Renaud-Basso, director general of the French Treasury, during an online …
Read More »MarketWatch First Take: It’s official: Nvidia is not just a gaming company anymore
Nvidia Corp., long known as a graphics-chip maker for videogaming, is turning into more of a data-center company. Nvidia reported strong first-quarter earnings Thursday, as sales of data-center chips soared 80% and surpassed $ 1 billion in a single quarter for the first time, at $ 1.13 billion, while gaming …
Read More »Market Snapshot: Dow futures plunge as coronavirus slams market, Fed official warns unemployment could hit 30%
U.S. stock-index futures fell by the most allowable for the day Sunday evening as the cases of coronavirus globally neared 330,000 and the market appeared unhappy with a lack of government action to address the current and expected fallout from the COVID-19 pandemic. On top of that, a U.S. central …
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