The IRS started cutting stimulus checks in mid-April, and it’s already gotten money to nearly 90 million people. That’s good news for everyone who’s received the payments and now has $1,200 in hand to use as they see fit as the country copes with the coronavirus outbreak and its massive health and financial consequences. But […]
The National Archives said Friday it has no record of any files from a congressional office that might contain evidence of a sexual misconduct complaint against Joe Biden from 27 years ago, when he was a U.S. senator. “The short answer is no — we don’t have those. Those records are with the Congress,” John Valceanu, […]
Florida health officials have halted the publication of up-to-the-minute death statistics related to the coronavirus pandemic that have, by law, been compiled by medical examiners in the state. The death count compiled by the Medical Examiners Commission was often found to be higher than the figures provided by Florida’s Department of Health, the Tampa Bay […]
The hardest-hit parts of the United States may be past the peak of the pandemic. Other places may be lifting their lockdown restrictions. But deadly pathogens don’t eradicate themselves; once Americans stop staying home, the coronavirus will continue to spread. The expectation is the U.S. won’t return to normal until there’s an effective vaccine against […]
Abdullah Abdullah previously served as Afghanistan’s ‘chief executive’ under a power-sharing deal with Ashraf Ghani (AFP Photo/WAKIL KOHSAR) A bitter feud between Afghan President Ashraf Ghani and his rival Abdullah Abdullah appeared closer to resolution Friday after Abdullah said the two men had moved forward in talks. “We have made progress in negotiations & reached […]
Mortgage rates have dipped to a record low for the second time in as many months amid the global coronavirus outbreak. The 30-year fixed-rate mortgage dropped to an average of 3.23% during the week ending April 30, a decrease of 10 basis points from the previous week, Freddie Mac FMCC, -1.21% reported this week. This […]
The Federal Reserve expanded the criteria for its $600 billion “Main Street” lending facility on Thursday, opening the pandemic rescue program to a whole host of big, household names. A day earlier, Fed Chairman Jerome Powell said the coronavirus pandemic is likely to cause significant damage to the U.S. economy and that Congress and the […]
Apple Inc. and Amazon.com Inc. are taking drastically different approaches toward their investors, reflecting the separate challenges the tech giants face during the COVID-19 pandemic. Apple AAPL, +2.11% AAPL, +2.11% AAPL, +2.11% AAPL, +2.11% AAPL, +2.11% with its hefty cash pile growing to $193 billion, unsurprisingly committed to continue shipping billions of dollars to investors, […]
Visa Inc. saw a “significant deterioration” in spending toward the end of March amid the COVID-19 crisis, but some areas of the business seem to be improving. The company topped profit and revenue expectations Thursday afternoon, earning an adjusted $1.39 a share for the fiscal second quarter on revenue of $5.85 billion. Analysts surveyed by […]
Amazon.com Inc. unsurprisingly topped expectations for quarterly sales amid the COVID-19 pandemic, but it was comments from CEO Jeff Bezos, in a written statement accompanying the retailer’s earnings report, that really drew the focus on Wall Street Thursday evening. “ ‘If you’re a shareowner in Amazon, you may want to take a seat, because we’re […]