National


CDC Worried That Public Isn’t Taking Guidance Seriously

The director of the CDC is concerned that Americans aren't taking warnings about COVID-19 seriously. CDC Director Robert Redfield said in a report to Congress that he is concerned that protests due to the death of George Floyd, there might… more

Employment Finally Rises

Employment rose by 2.5 million jobs in May, which was much better than expected by economic analysts. Meanwhile, the Bureau of Labor Statistics said that the unemployment rate was at 13.3 percent, down 1.4 percent from the prior month. The… more

In a Nutshell: The Corona Virus Was a Perfect Smoke Screen for China  

The emergence of COVID-19 remains very suspicious! It appeared to solve more problems than it created for the Chinese Communist Party. First, it negatively impacted President Trump’s re-election chances by causing significant damage to America’s economy.  It has certainly provided… more

Lots of Stimulus Check Proposals

There are a lot of stimulus-check proposals being proposed by politicians, and there has still not been a decision on whether or not U.S. residents will receive a second round of them. Republican Senate Leader Mitch McConnell says he is… more

Large-Bank Execs Condemn George Floyd Killing

Several executives at large banks has decried George Floyd's killing by police in Minneapolis last week. "This week's terrible events in Minneapolis, together with too many others occurring around our country, are tragic and heartbreaking," JPMorgan Chase CEO Jamie Dimon… more

Bank Associations Ask for PPP Forgiveness

The Consumers Banking Association and the Bank Policy Institute are expressing concerns about the Paycheck Protection Program loan-forgiveness program and how small businesses will be impacted. "The expedited process by which the program was implemented has resulted in considerable gaps… more

GM Expects to Ramp Up Production in June

General Motors plants are expected to return to pre-COVID-19 production levels in June, said the company's CEO recently. “This week we’ll continue to add additional shifts in our North America plants, and we think we’ll be close to normal capacity… more

Retailers Face Lawsuits Over Missed Rent Payments

Retailers are increasingly being sued due to missed rent payments that stem from their closures during the COVID-19 pandemic. The latest high-profile case is against apparel chain Gap Inc. by Simon Property Group, the country's largest mall owner. For its… more

Unemployment Claims Dropping

Claims for unemployment were at just under 1.9 million in the United States for the week ending May 30, a drop from the just over 2.1 million reported by the Department of Labor the prior week. That brings the insured… more

Nurse Union Stressed By COVID-19

Nurses are apparently upset by the re-use of N95 masks that could help protect them from the COVID-19 outbreak. The use of recycled masks is a particular concern by the union. Read more at Becker's Hospital Review. more