Health officials are cautiously optimistic that the slowdown over the last two days in the number of newly confirmed cases of COVID-19, the novel coronavirus that was first identified in late 2019 in Wuhan, China, may indicate that the virus is contained. “The number of newly confirmed cases reported from China has stabilized over the […]
Oil futures finished higher on Wednesday, finding support as a slowdown in the number of new, confirmed cases of COVID-19 in China may translate into a smaller-than-feared hit to crude demand. Prices settled off the session’s best levels, however, as U.S. government showed a third straight weekly rise in crude inventories that was bigger than […]
If Kevin Kruse, a social-media-active history professor at Princeton, has it right, fear featured prominently in this exchange between Trump’s acting budget chief, Russell Vought, and Democratic congressman Albio Sires of New Jersey: Watch this. Administration officials are apparently so terrified of incurring Trump’s wrath they can’t even acknowledge basic facts if they make Obama […]
Micron Technology Inc. shares rallied to lead gains among chip maker stocks Wednesday after another analyst declared the memory-chip glut of 2019 over and boosted his rating on the stock. Micron MU, +3.82% shares rallied 3.9% to $59.50, after touching an intraday high of $61.19, and were on track for their highest close since June […]
WASHINGTON — Fresh from handing President Trump a victory in his impeachment trial, the U.S. Senate has moved to install federal judges who have expressed disdain for the Voting Rights Act, the landmark 1965 law that struck down rules across the South that kept African-Americans from the ballot box. Overturning voting-rights protections tends to benefit […]
In the weeks since Sens. Cory Booker Sen. Kamala Harris, both African American, dropped out of the Democratic presidential race, nary a word has been said by the remaining candidates about an issue critical to African American voters: the police shootings of unarmed black men. Data from a range of sources indicate that 2019 was […]
WASHINGTON — National security adviser Robert O’Brien said Tuesday evening there had been “absolutely” no retaliation involved in Friday’s departure of Army Lt. Col. Alexander Vindman from the National Security Council, even as President Trump seemed to indicate that the military would “look into” whether to take disciplinary action against the Army officer. Vindman, who […]
Intel Corp. has become the latest major technology company to bail on one of the biggest mobile conferences of the year amid concerns over the outbreak of the coronavirus. “The safety and well-being of all our employees and partners is our top priority, and we have withdrawn from this year’s Mobile World Congress out of […]
U.S. Treasury yields traded higher on Tuesday as reports that the spread of COVID-19 may be slowing down helped to cheapen prices for government paper, drawing investors to the Treasury Department debt auction in the afternoon. Federal Reserve Chairman Jerome Powell testified in front of the House Financial Services Committee, stating that the disease caused […]
When I was young, my parents bought an old two-story beach house one block from the Atlantic Ocean. The first floor consisted of nothing more than a large, empty garage with a concrete floor that made a great place for us kids to skate and play on rainy days. We lived there for three years when […]