Tuesday's Market Open: Warnings From Fed Chairman Jerome Powell Weigh On Market
In prepared remarks, Jerome Powell urges a House committee to continue coronavirus relief measures to mitigate long-term damage to the U.S. economy.
Israeli Company Introduces 3D-Printed Plant-Based Steak
Redefine Meat unveils a plant-based steak, that's manufactured through a 3D printing process.
US Supreme Court Lifts Limit On President's Ability To Fire Agency Directors In CFPB Case
The decision came in a case filed by a California law firm that refused to comply with a civil investigative demand issued by the Consumer Financial Protection Bureau.
Reddit Takes Down Pro-Trump Site r/The_Donald For Violating Hate Speech, Other Rules
Reddit took down 2,000 sites across the political spectrum for violating platform rules.
Why Is Coronavirus So Infectious? Researchers Say Mutation Is Much More Efficient At Infecting Cells
The mutation has a spike protein that is much less likely to break, allowing it to enter cells much more efficiently.
Coronavirus Treatment: US Government Secures 500,000 Doses Of Gilead's Remdesivir For Next 3 Months
The deal represents virtually all of Gilead's production through September.
Should Washington, DC, Be A State? House Says Yes, Trump, Republicans Say No
House votes 232-180 to create the Douglass Commonwealth as the 51st U.S. state.
Coronavirus Economy: Americans Spent More Last Month -- Even Though They Earned Less
The monthly increase in spending was a record but still 11% below February.
Is There A Better Way To Find Coronavirus Cases? Fauci Says Pool Testing May Be Answer
The nation's top infectious disease expert says traditional methods of fighting communicable diseases – testing, isolation and contact tracing – may be ineffective against coronavirus because of how easily it is spread by asymptomatic individuals.
Obamacare & Coronavirus: Trump Administration Asks Supreme Court To Overturn Affordable Care Act Amid Pandemic
Democrats say it will be a disaster if the administration succeeds amid the coronavirus pandemic, which has killed more than 124,000 Americans since March.
Coronavirus Recession: Federal Reserve Limits Bank Dividends, Blocks Stock Buybacks To Protect Financial System
The restrictions apply to the third quarter.
Coronavirus Whistleblower Reprisal? Former BARDA Head Says He's Being Punished For Opposing White House
Dr. Richard Bright says he was ousted as head of the Biomedical Advanced Research Development Authority for opposing President Trump's desire to use hydroxychloroquine to fight the pandemic.
You May Have Had Coronavirus: CDC Head Says As Many As 26 Million Americans May Have Been Affected
CDC chief Robert Redfield says as many as 26 million Americans may have contracted the disease but most remained asymptomatic.
Coronavirus Surging: Texas Suspends Elective Surgeries, Pauses Reopening Efforts
Texas Gov. Gregg Abbott says it's imperative to follow coronavirus mitigation guidelines.
Will There Be Another Round Of Economic Stimulus Checks? June Jobs Report Probably The Deciding Factor
The June unemployment rate is due to be released next Thursday.
How Was Coronavirus Relief Money Spent? $1.4 Billion In Stimulus Checks Went To Dead People, Congressional Watchdog Says
“GAO recommends that IRS should consider cost-effective options for notifying ineligible recipients how to return payments" -- GAO
Coronavirus Economy: More Than 30 Million Americans Are Collecting Unemployment Benefits
The number of initial claims filed last week were higher than economists had anticipated.
Ahmaud Arbery Killing: 3 Indicted On Murder Charges In Shooting Death Of Black Jogger
In addition to murder charges, the three were indicted for aggravated assault, false imprisonment and criminal attempt to commit false imprisonment.
Can Universities Recover From Coronavirus? Buyouts, Layoffs, Cuts In Wake Of Pandemic
Thousands of high school graduates are expected to opt for a gap year rather than attend virtual classes at major universities.
Will There Be Police Reform After George Floyd Protests? Democrats Criticize Republicans' Weak Plans As 'Fig Leaf'
The Republican bill did not address "qualified immunity" for police officers and also did not ban chokeholds or no-knock warrants.
How Is The US Economy Recovering? Cities Warn Of Devastating Consequences If Federal Aid Delayed
A survey of 1,100 municipalities indicates they're projecting $360 billion in revenue losses in the next three years and will have to make drastic cuts in personnel and programs, and will have to cancel capital projects.
Is There Another Coronavirus Treatment? What To Know About The Fast-Tracked Drug Aviptadil
Phase 2 and 3 clinical trials are underway for the drug that mimics a peptide produced by the bowel.
Trump Gets In Trouble On Twitter? Controversial Tweet About Violence Against Protesters Hidden By Social Media Site
Twitter said if the tweet hadn't come from the president, it would have been taken down altogether.
Planning A European Vacation? Not So Fast. US Not On EU Shortlist Of Acceptable Travelers
Coronavirus infections have dropped to 16 per 100,000 population. The EU plans to ban travel from any country that exceeds 20 cases per 100,000 population.
Will There Be A Coronavirus Vaccine In 2020? Fauci Weighs In On Potential Treatment, Timeline
Dr. Anthony Fauci told a House committee he's confident a vaccine will be developed soon, saying it's a matter of "when not if."
Why Aren't More People Wearing Masks To Fight Coronavirus? New Poll Shows Diverging Opinions About Prevention
A survey indicates 65% say they wear masks all or part of the time but only 44% say they see other people doing so. The poll was released as Dr. Anthony Fauci lamented the recent upsurge in confirmed cases in recent days.
George Floyd Protests: Trump Threatens 10-Year Prison Terms For Toppling Statues
Protesters tried to topple a statue of President Andrew Jackson, who initiated an Indian removal program, in the park next to the White House on Monday night.
Who Is Geoffrey Berman? US Attorney Reportedly Fired Because He Wouldn't Sign Letter Critical Of Bill de Blasio
Berman refused to step down until his deputy, rather than the administration's pick, would replace him on an interim basis.
Did Trump Order Coronavirus Testing Slowed Down? President Declines To Answer Direct Question
President Trump says the United States has more confirmed coronavirus cases than any other country because it has performed more tests.
A Win For Trump? Supreme Court Decides It Won't Hear Challenge To Steel Tariffs Amid Lingering Trade War
The justices refused to hear an appeal from steel importers that challenged a 1962 open trade law that allows the president to act on national security concerns.