The demand for homes costing $500,000 or more is rising as white-collar workers bring their offices home and well-off families are buying more space to shelter in place. Almost 25 percent of home buyers from April through June paid $500,000 or more for their new homes, compared with 14 percent during the preceding nine months....
Tag: nov 17 2020
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WILL BIDEN PLAY TOUGH CHINA CARD?
Should President Trump lose his legal actions and lose the White House, Joe Biden contends he will continue the Trump administration’s efforts to limit China’s rise as a dominant force in global trade. The U.S. will work with allies to pressure China on trade issues and to limit the influence of Chinese technology, such as...
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U.S. BUDGET DEFICIT DOUBLES IN OCTOBER
The U.S. spent $284 billion more than it took in during the first month of its new fiscal year, a budget hole 111 percent bigger than a year earlier, government data shows. Spending climbed 37 percent to $522 billion for the month as spending rose in health care and for bailout and safety-net programs related...
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POWELL: “DIFFERENT” ECONOMY WILL EMERGE FROM PANDEMIC
The post-pandemic economy will not resemble the one we knew before the COVID virus struck, Jerome Powell, Chair of Federal Reserve, said on 11 November at the European Central Bank’s Forum on Central Banking 2020. The recovery will bring a “different economy” more dependent on technology and automation, in part because more office workers will...
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COVID-19 SCARE: FEAR SELLS
The next time you go to the grocery store for items such as toilet paper or other essentials, get ready to see stores implementing purchase limits, which they say will help prevent another run like in the beginning days of the COVID War. The Wall Street Journal reported on Saturday chains like Kroger and Publix Super...
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REMOTE LEARNING = ATTENDANCE CRISIS
One of the unintended consequences of remote learning and public school closures is the damage they are likely to inflict on the most vulnerable children, according to a report earlier this month on EducationPost.org. Maureen Kelleher, a senior writer at the website, cited a Bellwether Education report aimed to lay out some issues that could arise...
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TICKETMASTER: GET A SHOT OR GET TESTED
Ticketmaster, the ticketing giant, is reportedly planning to make COVID test results mandatory for concertgoers who would use their cell phones to prove their negative test results. Billboard reported last Wednesday that some of the planning still needs to be worked out and stressed to the public that the medical information would be confidential. Ticketmaster reportedly...
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70% OF AMERICANS WON’T TRAVEL FOR HOLIDAYS
The COVID outbreak and subsequent restrictions announced in several states have put a damper on the desire for Americans to travel for the holidays. Morning Consult, on behalf of the American Hotel & Lodging Association, conducted the survey earlier this month and asked 2,200 adults about their recent travel habits since the virus outbreak. The...
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COVID: LEGAL CHALLENGES
U.S. Supreme Court Justice Samuel Alito said at a meeting last Thursday the coronavirus outbreak has “served as a sort of constitutional stress test” that resulted in “previously unimaginable” limits on personal freedoms, according to a report. Reuters reported that Alito, who was addressing a meeting at the Federalist Society, questioned some of the restrictions that...
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FAUCI TO AMERICANS: DO WHAT YOU’RE TOLD
Dr. Anthony Fauci, the Presstitute media’s top disease expert in the U.S., has a message for Americans with an independent spirit: “Do what you’re told.” CNBC reported that the 79-year-old, who has been criticized by President Trump and other Republicans while largely embraced by Democrats and the media, made the comments at the Washington National Cathedral...