President Donald Trump said the US government could begin distributing the coronovirus vaccine in early October, much more optimistic estimates than its own health officials have publicly advised. “As you know we …
Read More »Supply of historically low levels of highly profitable GM pickup
Duncan Eldred, vice president of Buick-GMC sales for General Motors Company, speaks next to a GMC Sierra Denali HD truck displayed during an event on Tuesday, January 22, 2019 in Chula Vista, …
Read More »Trump health officials are preparing to deliver within 24 hours of FDA OK
Senior administration officials said Wednesday that the US government plans to deliver the coronovirus vaccine to distribution sites across the US within 24 hours. The government will use medical supply company McKesson …
Read More »Mortgage demand fell last week as interest rates halted
With no major move in mortgage rates, there was suddenly no incentive to refinance home loans last week, so fewer people did. According to the Mortgage Bankers Association, it has fallen 2.5% …
Read More »University of Missouri expels two students, suspending three for violation of coronovirus rules
University of Missouri, Columbia Michael B. Thomas / Getty Images The University of Missouri has expelled two students and suspended three for “willful and knowing actions” that, according to one official, violated …
Read More »The CDC says that coronovirus has killed at least 121 young people in America
Medical workers transport the bodies in a refrigerator truck on April 2, 2020, from Wyckoff Heights Medical Center in Brooklyn, New York. Angela Weiss | AFP | Getty Images Kovid-19 has killed …
Read More »Phantom Palihuptia on Coronovirus Stimulation: Give Americans Money
Any additional coronavirus relief from Congress should primarily focus on giving money directly to Americans, venture capitalist Chamath Palihapatia told CNBC on Tuesday. “We know that this economy is always consumer-led. It …
Read More »Governments take ‘really dumb decisions’ due to short-term policy
Jamie Dimon, CEO of JPMorgan Chase & Co., speaks during the Bloomberg Global Business Forum in New York on Wednesday, September 25, 2019. Tiffany Hagler-Geard | Bloomberg Getty Images According to JPMorgan …
Read More »Deloitte estimates 2020 holiday retail sales will grow 1 to 1.5%
According to estimates released on Tuesday by consulting firm Deloitte, retail sales growth this holiday season is projected to be less robust than in recent years. But just how much mutation is …
Read More »Now is not the time to worry about the federal deficit
Treasury Secretary Steven Menuchin told CNBC on Monday that lawmakers should not be apprehensive of the nation’s deficit or the size of the Federal Reserve’s balance sheet to delay additional Kovid-19 relief. …
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