Crowds, in the hundreds, thronged Singapore’s shopping belt in preparation for the festive season despite the coronavirus (Covid-19) pandemic which has recorded a total of over 58,000 confirmed cases and 29 related deaths in Singapore on December 12, 2020. Zakaria Zainal | Anadolu Agency | Getty Images LONDON — Global […]
CNBC News
‘Explosion of economic activity’ may put inflation fears in check. Here’s why
National Securities’ Art Hogan believes inflation won’t spell trouble for Wall Street this year. He acknowledges rising Treasury yields typically put pressure on future growth. But in this case, Hogan sees an epic corporate earnings comeback mitigating the impact. “We’re going to see an explosion of economic activity,” the firm’s chief […]
U.S. has started to talk with Iran about detained Americans, Biden national security advisor says
US National Security Adviser Jake Sullivan speaks during a press briefing on February 4, 2021, in the Brady Briefing Room of the White House in Washington, DC. Saul Loeb | AFP | Getty Images WASHINGTON – White House National Security Advisor Jake Sullivan said Sunday that the United States has […]
State of Texas should pay for enormous energy bills after power outages, Houston mayor says
Workers repair a power line in Austin, Texas, U.S., on Wednesday, Feb. 18, 2021. Thomas Ryan Allison | Bloomberg | Getty Images Houston Mayor Sylvester Turner on Sunday called on the state of Texas to pay for the enormous electric bills that scores of Texans reported after severe winter weather […]
Fauci cautions against complacency as Covid infections decrease, warns daily case level remains high
Dr. Anthony Fauci on Sunday warned Americans to steel themselves against a sense of Covid-19 complacency even as coronavirus infections plummet and some scientists predict that herd immunity is just around the corner. “The slope that’s coming down is really terrific — it’s very steep, and it’s coming down very, […]
Biden declares major disaster in Texas, more than 15 million told to boil water after power failure
City workers and volunteers distribute bottled water at Delmar Stadium, in Houston, Texas, U.S., on Wednesday, Feb. 19, 2021. Bloomberg | Bloomberg | Getty Images President Joe Biden has approved a major disaster declaration for Texas as the state grapples with widespread power outages and water shortages amid freezing winter […]
Google’s program for Black college students suffered disorganization and culture clashes, former participants say
The Google campus in Mountain View includes over 20 dining options that encourage a communal experience with group tables. Brooks Kraft LLC | Corbis | Getty Images In 2017, Lauren Clayton joined the inaugural class of Howard West, Google‘s on-campus immersion program for Black college students. She became a star […]
Here’s how Congress could avert another jobless benefits cliff as it moves to pass Covid relief
Mark Makela | Getty Images News | Getty Images Americans may get another dose of extra unemployment benefits — and policymakers are debating the best way to deliver them. A host of lawmakers and economists want to put the aid on autopilot, phasing out supplemental benefits gradually rather than shutting […]
Many Americans, especially families, can’t live on a $15 minimum wage
An activist wears a “Fight For $15” T-shirt at a news conference prior to a vote on the Raise the Wage Act, July 18, 2019 at the U.S. Capitol. Alex Wong | Getty Images A $15 minimum wage could become a reality in the U.S. While millions would get a […]
Merrick Garland will finally face the Senate: Attorney general confirmation hearings start Monday
Judge Merrick Garland, U.S. President-elect Joe Biden’s nominee to be U.S. Attorney General, speaks as Biden listens while announcing his Justice Department nominees at his transition headquarters in Wilmington, Delaware, January 7, 2021. Kevin Lamarque | Reuters Merrick Garland is finally getting his day before the Senate. Garland, President Joe […]