Category: #Money
McConnell in talks with Mnuchin on next phase of coronavirus relief
Senate Majority Leader Mitch McConnell (R-Ky.) said Monday that he is in discussions with Treasury Secretary Steve Mnuchin on the next phase of coronavirus relief…
Fed creating stock market bubble by printing trillions of dollars in coronavirus relief
The $3 trillion rescue plan by the US Federal Reserve to limit the economic damage from the Covid-19 pandemic is fueling excesses across US capital…
Why is crime spiking in NYC? ‘People can’t pay their rent’ and need to shoplift to feed their children, says AOC
Comments from Alexandria Ocasio-Cortez on her theory about crime spiking in New York City have gone viral and are being slammed relentlessly, as the congresswoman…
Coronavirus drugs should go to people who need them, not 'highest bidder', Bill Gates urges
Leaving distribution up to markets will ‘prolong the pandemic’, the Microsoft co-founder says Source: https://www.independent.co.uk/news/health/bill-gates-coronavirus-drugs-covid-aids-a9613731.html Droolin’ Dog sniffed out this story and shared it with…
What do investors bidding up tech shares know that the rest of us don’t?
The biggest story to come out of the post-March stock market boom has been explosive growth in the value of technology shares. Software companies in…
After lobbying, Catholic Church won $1.4B in virus aid
NEW YORK — The U.S. Roman Catholic Church used a special and unprecedented exemption from federal rules to amass at least $1.4 billion in taxpayer-backed…
The U.S. has already had 10 billion-dollar disasters this year
This makes 2020 the sixth consecutive year with at least 10 separate billion-dollar weather and climate disasters, a new record, NOAA officials said. Source: https://www.nbcnews.com/science/environment/u-s-has-already-had-10-billion-dollar-disasters-year-n1233220…
Trump administration hands emergency loans to Kanye West and Church of Scientology as small businesses go bust
Rapper among Hollywood producers and property developers who claimed government assistance Source: https://www.independent.co.uk/news/world/americas/us-politics/kanye-west-ppp-loan-yeezy-scientology-trump-business-pandemic-a9605291.html Droolin’ Dog sniffed out this story and shared it with you. The…
Congress stares down funding cliff for coronavirus aid
As the U.S. enters its sixth month of grappling with the coronavirus pandemic — with cases soaring and unemployment claims hovering in the millions —…
More than one million young people could be jobless by 2021, think tank warns
Youth unemployment could more than double by January, report finds Source: https://www.independent.co.uk/news/uk/home-news/unemployment-young-people-jobs-2021-a9600091.html Droolin’ Dog sniffed out this story and shared it with you. The Article…
Jeff Bezos' net worth tops $170bn – breaking pre-divorce settlement record
Shares of Amazon have jumped to a staggering $2,878.70 Source: https://www.independent.co.uk/news/world/americas/jeff-bezos-amazon-billionaire-richest-500-divorce-record-a9598556.html Droolin’ Dog sniffed out this story and shared it with you. The Article Was…
LA police department funding officially slashed by $150m following systemic racism protests
Other US cities also cutting police budgets, including an effort in Minneapolis to disband city’s force Source: https://www.independent.co.uk/news/world/americas/lapd-police-los-angeles-funding-cut-racism-george-floyd-protests-a9597451.html Droolin’ Dog sniffed out this story and…
The crushing budget blow awaiting state and local government workers
State and local government jobs are being gutted, even as the labor market shows signs of a slight recovery. Why it matters: The coronavirus pandemic…
Biden outraises Trump for second month in a row with record $141 million haul
The former VP took part in at least 16 fundraisers over the last month, including with Obama. Source: https://www.nbcnews.com/politics/2020-election/biden-outraises-trump-second-month-row-record-141-million-haul-n1232747 Droolin’ Dog sniffed out this story…
'Grim Reaper' Mitch McConnell stalling lifesaving pandemic aid and policing reform, Nancy Pelosi says
‘Mitch McConnell has called himself the Grim Reaper, that any legislation that goes over there will die in the Senate cemetery’ Source: https://www.independent.co.uk/news/world/americas/us-politics/mitch-mcconnell-grim-reaper-nancy-pelosi-pandemic-police-reform-chokeholds-ban-aid-senate-vote-a9596176.html Droolin’ Dog…
Senate Democrats offer plan to extend added jobless benefits during pandemic
Senate Democrats on Wednesday unveiled legislation to extend a generous federal increase of weekly unemployment benefits that would continue as long as the coronavirus pandemic affects…
'If we don't buy, they don't die': Tackling the global demand that's driving the illegal wildlife trade
Some endangered species are sought out as delicacies while others are coveted for their medicinal properties or decorative value Source: https://www.independent.co.uk/environment/china-animal-trade-markets-wild-ivory-pangolins-a9594591.html Droolin’ Dog sniffed out…
McConnell eyes next coronavirus package after July recess
Senate Majority Leader Mitch McConnell on Tuesday gave his clearest signal yet that Republicans are willing to move swiftly on another coronavirus relief package, after…
Expecting a tax refund? Be prepared to wait.
Taxpayers may be in for a long wait for refunds, as an estimated 4.7 million returns were backlogged at the IRS by mid-May because of…
California cities begin embracing cannabis in desperate search for cash
OAKLAND — California local governments scrambling to find tax revenues during the coronavirus pandemic are turning toward an industry they had considered taboo until now:…
White House abruptly cut off funding to coronavirus grant research, Dr Fauci says
“Why was it cancelled? It was cancelled because the NIH was told to cancel it,” expert tells Congress Source: https://www.independent.co.uk/news/world/americas/dr-fauci-congress-coronavirus-testimony-grant-research-wuhan-lab-a9585886.html Droolin’ Dog sniffed out this…
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