Stocks closed higher on Wall Street Tuesday, extending the market’s recent winning streak after another strong showing by technology companies.
The S&P 500 rose 0.4% and is on pace for its third straight monthly gain. The Nasdaq composite, which is heavily weighted with technology stocks, climbed to an all-time high for the second day in a row. Bond yields rose, another sign of increasing confidence in the economy.
Read More
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed.
The following are developments Tuesday related to the national and global response, the workplace, the spread of the virus, and the marketplace economy.
Read MoreThe University of Michigan will start the fall semester on Aug. 31 at its Ann Arbor campus with a mix of in-person and online classes, President Mark Schlissel said in a video Monday.
“Thanks to the thoughtful and deliberate efforts of hundreds of members of the U-M community, our cautious optimism about the fall has coalesced into a path forward,” Schlissel wrote.
Read More
Bishop Aubrey Shines, chairman of Conservative Clergy of Color, called Black Lives Matter activist Shaun King “asinine” and “disgusting” for suggesting that “white European” statues of Jesus should be torn down.
“Yes, I think the statues of the white European they claim is Jesus should also come down,” King, a former surrogate for Sen. Bernie Sanders’s (I-VT) presidential campaign, wrote on Twitter Monday. “They are a form of white supremacy. Always have been.”
Read More
When something cannot go on, it certainly will not go on. But what are the symptoms of what cannot go on and when?
There are two historic red lines and our revolution is getting close to both.
Read More
American honeybee colonies have bounced back after a bad year, the annual beekeeping survey finds.
Beekeepers only lost 22.2% of their colonies this past winter, from Oct. 1 to March 31, which is lower than the average of 28.6%, according to the Bee Informed Partnership’s annual survey of thousands of beekeepers. It was the second smallest winter loss in the 14 years of surveying done by several different U.S. universities.
Read More
President Donald Trump is scheduled to visit Yuma on Tuesday to mark the completion of the 200th mile of the border wall system between the U.S. and Mexico.
Read More
Amy McGrath and Eliot Engel live hundreds of miles apart in states with dramatically different politics.
Yet they’re the preferred candidates of the Democratic Party’s Washington establishment as voters in Kentucky and New York decide their congressional primary elections on Tuesday. And both may be in trouble.
Read More
by Peter Hasson and Chris White Department of Justice investigators who are conducting an antitrust probe targeting Google do not appear to be scrutinizing claims that the tech giant manipulates its search function, leaks about the probe and a source familiar with it indicate. Google critics argue that Google…
Read More
Faced with growing pressure to crack down on an “occupied” protest zone following two weekend shootings, Seattle’s mayor said Monday that officials will move to wind down the blocks-long span of city streets taken over two weeks ago that President Donald Trump asserted is run by “anarchists.”
Mayor Jenny Durkan said at a news conference that the violence was distracting from changes sought by thousands of peaceful protesters seeking to address racial inequity and police brutality. She said the city is working with the community to bring the “Capitol Hill Occupied Protest” zone to an end.
Read More
Marriage and families are the cornerstone of not only civilization but of nature itself, without which humans would have never survived as wandering nomads and early farmers, let alone building cities, an economy and governments to represent the people in state-to-state relations.
Without families as a basic building block, children are not nurtured, educated and empowered to raise and sustain families themselves, and the human race could not continue, always being but one generation away from extinction.
Read More
The multiple investigations of the U.S. government’s intelligence-gathering activities against the Trump campaign have typically focused on the actions of the same small group of former officials: James Comey, Andrew McCabe, Peter Strzok, Lisa Page, John Brennan, James Clapper and a few others.
But just as significant to the efforts to get to the bottom of the government’s Trump-related surveillance are a handful of current and former FBI and Justice Department employees whose names are not as well known to the public.
Read More
The attack against American history continued Monday evening as police blocked protesters attempting to tear down a statue of Andrew Jackson in front of the White House.
Reporter Shomari Stone tweeted, “BREAKING: Metropolitan Police and US Park Police move demonstrators back from Lafayette Square Park. Two separate protesters tell me the groups want to tear down the Andrew Jackson statue near the White House. @NBCNews@MSNbc @nbcwashington”.
Read More
by Andrew Trunsky White House economic advisor Larry Kudlow said Monday that there “is no second wave” of the novel coronavirus coming, as states across the country reported rapid increases in new virus cases. Kudlow touted the progress that the country has made in combating the COVID-19 virus during…
Read More
Enbridge Inc. rebuffed a request from Gov. Gretchen Whitmer to shut down Line 5 after one of the supports for the pipeline sustained damage, according to a statement released by the company on Saturday.
Enbridge owns Line 5, a set of two 20-inch pipelines running under the Straits of Mackinac that pump crude oil. The company notified the state on Thursday that an anchor support on one of the pipelines had “incurred significant damage,” according to a statement from Whitmer’s office. The damage was reportedly discovered on or around May 26.
Read More