South Korean soldiers patrol along a barbed wire fence Demilitarized Zone (DMZ) separating North and South Korea, on the South Korean island of Ganghwa on April 23, 2020. Ed Jones | AFP via Getty Images The sister of North Korea’s leader has warned South Korea to stop defectors from sending […]
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Read the e-mail SpaceX President Gwynne Shotwell sent to employees after Demo-2 success, police brutality protests
Gwynne Shotwell, SpaceX COO Getty Images SpaceX launched humans into orbit on May 30 for the first time, sending NASA astronauts to the International Space Station. The company’s milestone coincided with nationwide protests against racism and police brutality that erupted after video circulated showing white Minneapolis police officer Derek Chauvin placing […]
Market’s make or break moment in one chart – Economic forecaster Lakshman Achuthan draws parallels to the opposing 2001 and 2009 recoveries
The last two recessions may help determine what’s next for the recent market rally. Economic Cycle Research Institute co-founder Lakshman Achuthan has narrowed the possible recovery paths into two scenarios: The dot.com bubble collapse and financial crisis aftermath. Achuthan builds his case in a special S&P 500 chart showing performance during […]
Barack Obama says protests across the country aren’t like the 1968 riots, which some think helped elect Nixon
Former President Barack Obama told America on Wednesday he doesn’t believe the protests that have erupted across the country are anything like those that reverberated in 1968, which many believed helped elect President Richard Nixon. “I’ve heard some people say that you have a pandemic, then you have these protests, […]
Amazon reopens warehouses that were closed to protect them from looting
Peter Endig | AFP | Getty Images Amazon is set to reopen two of its warehouses in the Midwest after it temporarily closed the facilities due to escalating civil unrest in the area. On Tuesday, Amazon temporarily shuttered two delivery stations in Chicago, Illinois, and Gary, Indiana, as protests erupted nationwide […]
Senate passes bill to give businesses flexibility in spending coronavirus aid, sends it to Trump
Chairman Ron Johnson (R-WI) speaks at the start of a Senate Homeland Security Committee hearing on the government’s response to the novel coronavirus (COVID-19) outbreak on March 5, 2020 in Washington, DC. Samuel Corum | Getty Images The Senate passed a bill Wednesday to give small businesses more flexibility in […]
Twitter CEO Jack Dorsey gives $3 million to Colin Kaepernick’s organization
Jack Dorsey, chief executive officer of Twitter Inc. and Square Inc., speaks during an Empowering Entrepreneurs events at Ryerson University in Toronto, Ontario, Canada, on Tuesday, April 2, 2019. Cole Burston | Bloomberg | Getty Images Twitter and Square CEO Jack Dorsey he’s giving $3 million to former NFL player […]
Former Defense Secretary Mattis breaks silence and tears into Trump: ‘He tries to divide us’
US President Donald Trump speaks as Defense Secretary James Mattis (L) looks on during a meeting with senior military leaders in the Cabinet Room of the White House on October 5, 2017. Mandel Ngan | AFP | Getty Images WASHINGTON — Former Secretary of Defense James Mattis ripped into his former boss […]
Stock futures idle as S&P 500 looks to extend longest winning streak since February
Futures contracts tied to the major U.S. stock indexes held steady during the overnight session Wednesday evening on the heels of yet another robust day on Wall Street and amid one the market’s strongest rebounds on record. Dow Jones Industrial Average futures advanced 11 points, indicating a flat open when regular […]
Sen. Ron Johnson blocks attempt to unanimously pass changes to coronavirus small business loan program
Chairman Ron Johnson (R-WI) speaks at the start of a Senate Homeland Security Committee hearing on the government’s response to the novel coronavirus (COVID-19) outbreak on March 5, 2020 in Washington, DC. Samuel Corum | Getty Images Sen. Ron Johnson on Wednesday blocked a Democratic effort to unanimously approve a […]