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Signs of market mania. Volatile tech stocks. Rising government bond yields. Welcome to the second quarter, where Wall Street strategists say the trends that defined the first three months of the year will remain influential. “The start of 2021 is indicating what we expect for the full year,” said Jeffrey Sacks, head of investment strategy
Continue ReadingThe United States has stressed the importance of “affordable” energy to Saudi Arabia ahead of a meeting of major oil producers, which will decide whether to pump more barrels following a sharp increase in prices. Jennifer Granholm, the US energy secretary, said on Wednesday that she had a “positive” call with Saudi energy minister Abdulaziz
Continue ReadingFrom sugary-sweet eggs to luxury chocolate truffles, Easter is a time many will be exchanging treats with their loved ones. But maybe check the expiration date on the box, just to make sure it was made in this century. Chocolate commissioned by Queen Victoria 121 years ago has been found in its original packaging in
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Georgia Gov. Brian Kemp launched a counterattack on Delta Air Lines CEO Ed Bastian Wednesday afternoon, just hours after Bastian said the voting bill Kemp signed last week was “unacceptable,” “wrong” and “based on a lie.” The clash was an unusual one for two of the state’s most powerful executives. But it showed the pressure
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The 19-year-old cashier who suspected George Floyd had handed him a counterfeit $20 bill said Wednesday he still feels guilt for Floyd’s death under the knee of a former Minneapolis police officer. Christopher Martin took the stand on the third day of the criminal trial of Derek Chauvin, echoing other witnesses who expressed helplessness and
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The 19-year-old cashier who suspected George Floyd had handed him a counterfeit $20 bill said Wednesday he still feels guilt for Floyd’s death under the knee of a former Minneapolis police officer. Christopher Martin took the stand on the third day of the criminal trial of Derek Chauvin, echoing other witnesses who expressed helplessness and
Continue ReadingFour people, including a child, were killed in a shooting at an office complex in Orange, California, on Wednesday, a police official said. A fifth victim was wounded and transported to a local hospital in critical condition, Lt. Jennifer Amat said. Police responded to a call of shots fired around 5:30 p.m. and encountered gunshots
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Thousands of cases of the B.1.1.7 variant have been reported across the US, and experts fear the strain may fuel another Covid-19 surge as states race to vaccinate more residents. The variant, first spotted in the UK, is already wreaking havoc in parts of Europe and health leaders fear that if Americans aren’t careful now,
Continue ReadingAs the United Nations Security Council discussed Myanmar’s military coup on Wednesday, the country’s junta declared a “ceasefire” — though it said it would continue to respond to “actions that disrupt government security and administration.” The ceasefire appeared to refer to actions taken against ethnic armed groups, where fighting has increased since the junta’s seizure
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Will JRB take his place alongside FDR and LBJ? President Joseph Robinette Biden just unveiled the latest move in his quest to transform the US economy to boost working Americans rather than the wealthy. His $2 trillion infrastructure plan follows a $1.9 trillion Covid rescue program that doubles as a bid to lift millions of
Continue ReadingPeople clinking wine glasses in bars and restaurants. Fans watching live soccer and boxing matches. As summer approaches, life has almost returned to normal in one tiny territory in southern Europe — and there’s a very good reason why. Almost everyone is vaccinated. Gibraltar, a British Overseas Territory that borders Spain at the point where
Continue ReadingThough many Americans are eager to return to normal after a year of living through the Covid-19 pandemic, the head of the Centers for Disease Control and Prevention (CDC) on Wednesday reminded Americans that “we’re not quite there yet.” “We are so close — so very close to getting back to the everyday activities we
Continue ReadingTwo US Capitol Police officers who say they were injured during the January 6 insurrection are suing former President Donald Trump for inciting the crowd. The officers — the first police to sue in court following the riot — say they suffered physical and emotional damages because Trump allegedly “inflamed, encouraged, incited (and) directed” the
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On Wednesday, President Joe Biden announced his massive infrastructure plan — his latest effort to expand government influence over our economy, laying out a two-part spending spree that will grow our national debt, make us less competitive with other countries and likely lead to job losses among working-class Americans. It’s hard to see how this
Continue ReadingThe State Department has ordered the departure of all non-emergency US government personnel and their family members from Myanmar as deadly crackdowns by the country’s military continue. Hundreds are said to have been killed and injured in the wake of the military coup that deposed Myanmar’s civilian leadership as security forces have used lethal force
Continue ReadingFor the first few months of her life, Ayah Lundt was the picture of health. Born in January last year at a whopping 8.3 pounds, the bubbly baby girl with dark curls and bright brown eyes hit all her developmental milestones. By six months, she was crawling and trying new foods. Bananas and mushy broccoli
Continue ReadingThe man arrested in the assault on a 65-year-old Asian woman in New York City was out on parole for killing his mother, police told CNN. Brandon Elliot was arrested early Wednesday. Elliot was charged with two counts of second degree assault as a hate crime and one count of first degree attempted assault as
Continue ReadingDrugmaker Johnson & Johnson said Wednesday it had found a quality problem at a Baltimore plant helping manufacture its single-dose coronavirus vaccine under contract. The New York Times reported Wednesday. that workers at Emergent BioSolutions, the Baltimore plant that has been making Johnson & Johnson’s Covid-19 vaccine, accidentally mixed up some of the ingredients, ruining
Continue ReadingSince the beginning of the coronavirus outbreak, Hollywood has kept a close eye on any movie that could give some insights into the film industry’s potential renaissance or demise after the pandemic has abated. Hollywood may now finally have that film. It stars a radioactive lizard and a giant ape that fight for roughly an
Continue ReadingIf you think herd immunity is the finish line to this pandemic, it’s time for a reality check. Herd immunity with Covid-19 could come and go, scientists say. Or we might never reach it at all. “There’s a lot of things that have to go our way to actually get to herd immunity,” said Dr.
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