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Economy
GameStop to Permanently Close Over 300 Stores in 2020
GameStop announced that it will permanently close more than 300 stores to meet or exceed the number of stores that it shut down last year. “In 2020, we will continue ...
March 27, 2020
BY
Jack Phillips
Tax Break for Employer-Paid Student Loan Benefits Included in Senate’s Stimulus Package
The historical $2.2 trillion economic stimulus bill approved by the Senate would provide a tax break for employers ...
March 27, 2020
BY
GQ Pan
California Governor: 5 Big Banks Suspend Mortgage Payments
Five of the nation's largest banks have agreed to temporarily suspend residential mortgage payments for people whose jobs ...
March 26, 2020
BY
The Associated Press
US Jobless Claims Soar to Over 3 Million, Shattering Record
Jobless claims filed in the United States soared to a record high for the week of March 15 to ...
March 26, 2020
BY
Tom Ozimek
US Shale Fights for Survival Amid Growing Pandemic, Oil Price War
WASHINGTON—The rapid spread of the novel coronavirus, coupled with the price war between Saudi Arabia and Russia, threatens ...
March 25, 2020
BY
Emel Akan
Fed to Suspend Some Bank Supervision During Viral Outbreak
The Federal Reserve said it will suspend some of its bank supervisory activities to give banks more leeway ...
March 25, 2020
BY
The Associated Press
Think Tank Estimates 14 Million Jobs Lost by Summer
As policymakers and investors anxiously eye the Labor Department's jobless claims report, due for release Thursday, a Washington-based ...
March 25, 2020
BY
Tom Ozimek
Pelosi Announces Her Own COVID-19 Plan as Senate Leaders Clash Over Details
As lawmakers in the Senate struggled Monday to finalize the $2 trillion COVID-19 economic stimulus package, House Speaker ...
March 23, 2020
BY
Tom Ozimek
Fed to Buy as Much Government Debt as Needed to Aid Economy
WASHINGTON—In its boldest effort to protect the economy from the CCP virus, commonly known as the novel coronavirus, ...
March 23, 2020
BY
The Associated Press
Mnuchin Says Congress Is ‘Very Close’ To Reaching Stimulus Deal
Treasury Secretary Steven Mnuchin said Monday that a deal between Democrats and Republicans was "very close" to being ...
March 23, 2020
BY
Tom Ozimek
US Companies Face ‘Logistics Nightmare’ as Pandemic Creates Freight Bottlenecks
WASHINGTON—U.S. businesses are grappling with supply chain disruptions from plant closures in China because of the CCP virus ...
March 23, 2020
BY
Emel Akan
Business Fallout: Marriott to Furlough Thousands of Workers
The rapid worldwide spread of the CCP virus since it first emerged from China late last year has ...
March 22, 2020
BY
The Associated Press
Relocating China-Centric Supply Chains to USA Could Cure Virus Woes
As the United States suffers an increasing number of infections and fatalities from the CCP virus, a number ...
March 22, 2020
BY
Alan McDonnell
Homeowners Can Put Off Mortgage Payments Amid Outbreak
Homeowners struggling to make ends meet as the COVID-19 pandemic takes its toll on the U.S. economy will ...
March 21, 2020
BY
Tom Ozimek
US Calls for Humanitarian Release of Wrongfully Detained Americans in Venezuela
U.S. State Secretary Mike Pompeo called on Venezuela in a statement on March 19 to release five U.S. ...
March 21, 2020
BY
Ella Kietlinska
Economy May Shrink by Record 24% in 2nd Quarter, Says Goldman Sachs
America may already be in a recession and people could see their economy shrink by a seasonally-adjusted annualized ...
March 20, 2020
BY
Tom Ozimek
Jobless Claims Could Surge by 700 Percent, Goldman Sachs Warns
A Goldman Sachs analyst said that the next round of initial jobless claims, a measure of Americans filing ...
March 20, 2020
BY
Tom Ozimek
Fed Boosts Dollar Liquidity to Secure Global Credit Supply
The Federal Reserve has set up emergency currency swap arrangements with central banks around the world to allow ...
March 20, 2020
BY
Alan McDonnell
and
Tom Ozimek
US Treasury, IRS Publish Guidance on Deferring Tax Payments Amid COVID-19 Outbreak
The U.S. Treasury and the IRS published guidance on how individuals and corporations can defer tax payments until ...
March 19, 2020
BY
Isabel van Brugen
Jobless Claims Jump as CCP Virus Bites Into US Labor Market
The number of Americans filing for unemployment benefits surged to a 30-month high last week, suggesting a pickup ...
March 19, 2020
BY
Tom Ozimek
Small Businesses in Midwest Hurting, Worried About Unknown
COLUMBUS, Ohio—The small business district in the City of Worthington, a suburb of Columbus, is looking more like ...
March 18, 2020
BY
Charlotte Cuthbertson
Trump Signs CCP Virus Aid Bill, Hours After Senate Passage
President Donald Trump has signed off on the House’s emergency aid package passed hours earlier in the Senate ...
March 18, 2020
BY
Jack Phillips
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TOP NEWS
What Happened in DC on Jan. 6
NEW
By
Petr Svab
Video: Facts Matter (Jan. 12): More Censorship Hits America; Trump Advisor Put on “a List”
2hr
By
Roman Balmakov
House Votes to Pressure Pence to Invoke 25th Amendment After He Rejected to Do So
2hr
By
Janita Kan
Google’s Youtube Suspends Trump, Accuses Him of Violating Its Policies
3hr
By
Mimi Nguyen Ly
Pelosi Names House Impeachment Managers Ahead of Vote
3hr
By
Isabel van Brugen
FBI Received Intelligence About Potential for Violence Before US Capitol Breach
3hr
By
Janita Kan
Vermont College Revokes Giuliani’s Honorary Degree
4hr
By
Ivan Pentchoukov
Video: Parler CEO On Fighting Censorship and Double Standards, and Restoring Free Speech
6hr
By
Joshua Philipp
, The Epoch Times
Pence Refuses to Invoke the 25th Amendment
6hr
By
Mimi Nguyen Ly
Federal Prosecutors Building Seditious, Conspiracy Cases Against Some Capitol Rioters: DOJ
7hr
By
Janita Kan