The House Armed Services Committee has voted against limiting presidential authority under the Insurrection Act, the law President Trump threatened to invoke to deploy active-duty troops in response to protests against racial injustices. The amendment, offered by Rep. Veronica Escobar (D-Texas), failed largely along party lines in a 25-31 vote. Several moderate or vulnerable Democrats …
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Texas was one of the first states in the nation to ease social distancing mandates. In Houston, the number of patients hospitalized with COVID-19 has quadrupled since Memorial Day. “It’s time to be alarmed,” one expert said HOUSTON — At Lyndon B. Johnson Hospital on Sunday, the medical staff ran out of both space for …
Continue reading “Internal Messages Reveal Crisis at Houston Hospitals as Coronavirus Cases Surge”
President Trump predicted Thursday during a “Hannity” town hall in Green Bay, Wis. that “before the end of the year, we’ll have a vaccine” for the coronavirus. Trump told host Sean Hannity that vaccines and therapeutics “are coming along great.” “I think we’re going to have an answer very soon. Very soon indeed … ” …
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Wirecard shares plunged over 25% on Wednesday as Munich prosecutors raided its offices and widened the probe into the company’s executives over the recent accounting scandal. Meanwhile, media reported that former COO Jan Marsalek, who is under investigation, is on the run. According to the reports, German prosecutors have issued an arrest warrant for Marsalek …
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Millions of American workers are suffering from economic whiplash, thinking they were finally returning to work only to be sent home again because of the coronavirus’s latest surge. Stores, restaurants, gyms and other businesses that reopened weeks ago are shuttering again, and this time Congress appears less inclined to provide additional aid. Other businesses that …
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The headline unemployment rate is deeply flawed as a measure of joblessness, Minneapolis Fed President Neel Kashkari said on Tuesday. “It’s not clear that something like black unemployment rate could be targeted to improve racial equity but the Fed should be open-minded on the issue.” Meanwhile, Atlanta Fed President Raphael Bostic noted that bias is seen …
(RTTNews) – General Motors (GM) said Wednesday that it delivered 492,489 vehicles in the second quarter of 2020, a decrease of about 34 percent from last year, reflecting Covid-19 pandemic’s effect on demand and tight inventories. The company stated that the industry experienced significant declines due to the outbreak of COVID-19, but full-size pickup truck …
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As COVID-19 cases continue to surge throughout the United States while the country confronts issues of systemic racism, Donald Trump’s odds to be re-elected continue to fall. Trump is now a +175 betting underdog, giving him only a 33% implied probability of winning the election compared to Joe Biden’s 59.3% implied probability. The latest polling …
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https://youtu.be/wKCMREZa2to CNN)In hundreds of highly classified phone calls with foreign heads of state, President Donald Trump was so consistently unprepared for discussion of serious issues, so often outplayed in his conversations with powerful leaders like Russian President Vladimir Putin and Turkish President Recep Erdogan, and so abusive to leaders of America’s principal allies, that the …
Anthony Fauci testified to a Senate committee Tuesday that he would “not be surprised” if the U.S. begins reporting as many as 100,000 new coronavirus cases per day, adding, “I’m very concerned and not satisfied with what’s going on because we’re going in the wrong direction.” The big picture: The country is currently seeing about 40,000 new cases …
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