WASHINGTON (Reuters) – The Republican National Committee and the Michigan Republican Party wrote to Michigan’s state board of canvassers on Saturday asking it to adjourn for 14 days to allow for an audit of ballots in the state’s largest county.The letter came as Wayne County, which includes the majority-Black city of Detroit, has become a …
‘Scary’ Winter of Lockdowns Cools Market Elation Over Vaccines
(Bloomberg) — The escalating pandemic is chipping away at the burst of vaccine optimism that propelled global stocks to a record. Social distancing is being stepped up in the U.S., Europe and Asia, darkening the outlook for the global recovery and underlining the importance of policy support. Against that backdrop, a public spat between the …
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Powell agrees to return unused aid funds to Treasury
The emergency programs will wind down after Mnuchin said they were no longer needed, triggering a rare public statement of disagreement from the central bank. Federal Reserve Chair Jerome Powell on Friday agreed to return unused coronavirus relief funds to the Treasury Department when its emergency lending programs shut down at the end of the …
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JPMorgan estimates negative US GDP in Q1
JPMorgan economists now see an economic contraction in the first quarter due to the spreading coronavirus and related restrictions being imposed by states and cities. The new forecast is a departure from Wall Street’s widely held view that the first quarter would be positive, with an improving economy throughout 2021. The JPMorgan economists said they …
Human ageing reversed in ‘Holy Grail’ study, scientists say
Human ageing reversed in ‘Holy Grail’ study, scientists say ‘Ageing can, indeed, be targeted and reversed at the basic cellular-biological level,’ lead researcher says Scientists claim to have successfully reversed the biological aging process in a group of elderly adults. In a first of a kind study, researchers from Tel Aviv University and the Shamir …
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The pandemic is as bad as it’s ever been Save Yourself! PLEASE!!
https://youtu.be/NHuuJboZ-I0 No state in America could clear the threshold right now to safely allow indoor gatherings. The big picture: This is bad as the pandemic has ever been — the most cases, the most explosive growth and the greatest strain on hospitals. If businesses were closed right now, it would not be safe to reopen …
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Treasury has declined to extend five of the Fed’s CARES Act emergency programs
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Thursday he will not extend several emergency loan programs set up with the Federal Reserve, an action that could hamper the ability of the incoming Biden administration to gain important economic support from the central bank to deal with the ongoing pandemic. The decision drew a terse …
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Supermarkets are most common place to catch Covid, new data reveals
PEOPLE are most likely to catch the coronavirus at the supermarket, official data has revealed. Supermarkets have remained open during both national lockdowns and new data collated by Public Health England (PHE) from the NHS Test and Trace App has revealed that shops are the most frequent Covid exposure setting. The data found that the …
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Landmark Danish study shows face masks have no significant effect
https://youtu.be/yaeSmXEXzP4 FULL STUDY AVAILABLE AT END OF STORY Do face masks work? Earlier this year, the UK government decided that masks could play a significant role in stopping Covid-19 and made masks mandatory in a number of public places. But are these policies backed by the scientific evidence? Yesterday marked the publication of a long-delayed trial …
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JPMorgan lays out the nightmare election scenario that could send markets into a tailspin
New York (CNN Business)Much of Wall Street views the Trump campaign’s efforts to overturn the election results as a desperate sideshow destined to fail. But JPMorgan is telling clients there’s still a chance that this process descends into chaos. It is 2020, after all. Michael Cembalest, chairman of market and investment strategy at JPMorgan Asset …









