The firing of what could be thousands of federal employees as a consequence of the shutdown of the federal government has begun. The Associated Press is reporting thatthe White House budget office […]
Federal firings are underway
Stock market hits record high
The New York Stock Exchange hit a record high on Friday, fueling interest in the possibility of lowering of interest rates. The Standard and Poor 500 rose to 4,839.1, topped the previous […]
Recession fears rock stocks
Fear of a recession rattled central banks and stock markets around the world on Friday as the battle against inflation threatens to turn into an economic downturn. According to The New York […]
Russians pressing eastward
The struggle between Russian invaders and Ukrainian defenders continues in the eastern region of Donbas, with the attackers reportedly making progress toward taking control of the “industrial heartland” of the besieged country. […]
S&P 500 drops by 3.9%
The bears ran wild on Wall Street on Monday, as the major stock indexes plunged on fears of a possible recession. According to The New York Times, the highly-watched S&P 500 fell […]
Jobless claims now total 38.6 million
The ranks of the unemployed in the United States continued to swell, as more than 2.4 million people applied for jobless benefits this week, according to the Labor Department. That brings the […]
Progress and protests on coronavirus
The coronavirus pandemic continues to dominate the news and the daily lives of millions, perhaps billions of people. Sometimes contradictory information comes from various levels of government and the fight against the […]
