Runnymede Capital Management's Andrew Wang says the massive liquidity and government stimulus measures can drive the market higher in the third quarter. But he tells Reuters' Fred Katayama the markets could also encounter some choppiness in the upcoming earnings season.
According to Business Insider, Andrew Yang says the US should "seriously" consider a four-day workweek. Some studies have shown four-day workweeks increase worker satisfaction and productivity. Microsoft's Japan subsidiary reported a 40% boost in productivity after trialing the change. The coronavirus pandemic has increased interest in a four-day workweek. Companies have been forced to adjust to new circumstances and experiment as more employees work from home.
Joe Biden is running for President. Currently, he is leading Donald Trump in the polls. The Washington Post believes that Joe Biden's economic plan would slow down growth. Biden has threatened to take a very progressive tax code and make it even more progressive. Nearly all of the increased tax burden falling on the top 2% of taxpayers. Financial analysts believe that’s a problem for a couple of big reasons.
On Wednesday, Bernie Sanders sent Joe Biden and the DNC a 110 page documentary policy document. The document includes 14 pages of climate proposals. The recommendations still leave Biden and national Democrats with no plan to phase out U.S. fossil fuel production. Sanders attempt to "address fossil energy production were ... woefully insufficient.” Collin Rees, a campaigner with Oil Change International, told Earther.
In March, Bernie Sanders lost his second bid for the Democratic presidential nomination. According to the NY Times the George Floyd protests and their cultural repercussions, may have destroyed Sanders entire case for a socialist America. The paper posits that this summer he may lose his battle for the future of the left, his legacy gone up in smoke. Cultural battles, pro business and pro Wall Street programs have over shadowed Sanders "millionaires and billionaires are evil" narrative.
[NFA] State election officials face budget cuts after tax revenues plunged in the virus-stricken economy, with consequences that could undermine voters’ faith in the polls. This report produced by Zachary Goelman.
The remnants of The Palace of Auburn Hills were demolished in a spectacular implosion in Michigan.
‘The Palace’ was the hometown arena of the Detroit Pistons basketball team, who relocated to the new Little Caesars Arena along with the Detroit Red Wings.
When it opened its doors in 1988, the structure was a state-of-the-art venue.
Its demolition will make room for a new development expected to include technology companies.
#Demolition #Implosion #BuildingCollapse Report by Avagninag. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Presumptive Democratic presidential nominee Joe Biden is under pressure to choose a black woman as his running mate. Now, Reuters reports Democratic donors, strategists, and campaign insiders say they think Sen. Kamala Harris (D-Ca.) should be the one. Amid the nationwide protests over racism and police brutality, Sen. Harris may have found the glory that eluded her in her failed presidential bid.
Here are some of the nearly dozen candidates who are likely under consideration, as former Vice President Joe Biden faces fresh calls to choose a black woman as his running mate. Lisa Bernhard reports.
Joe Biden has started the vetting process to choose a running mate for the Democratic ticket. Reuters reports the process expected to wrap up by July. Who are some of the names on the list? Senator Kamala Harris Senator Amy Klobuchar Michigan Governor Gretchen Whitmer Senator Elizabeth Warren Former Georgia House Minority Leader Stacey Abrams
Business Insider reports that Sen. Amy Klobuchar has withdrawn from the running to be former Vice President Joe Biden's vice president. On Thursday, she spoke to MSNBC's Lawrence O'Donnell. She said Biden should choose a woman of color as his running mate instead. "This is a historic moment.I think this is a moment to put a woman of color on that ticket." Klobuchar's decision comes after weeks of protests sparked by the May 25 death of George Floyd in Minneapolis.
at the Disco frontman Brendon Urie’s high hopes for 2020 don’t include President Donald Trump getting reelected. at the Disco’s 2018 hit “High Hopes” as a walk-on song at the Dream City Church in Phoenix. It was a somewhat ironic choice, as the song is already associated with former Democratic presidential hopeful Pete Buttigieg, who had it played at events when he was still on the campaign trail.
The coronavirus pandemic has caused millions of Americans to lose their jobs.
And according to Business Insider, that means those same Americans are likely to lose their health insurance, too.