Month: February 2021

A lobbying shop co-founded by leaders of former President Donald Trump’s 2016 campaign is closing its doors following Joe Biden’s victory in the 2020 election, CNBC reported. Avenue Strategies was co-founded by Barry Bennett after […]

Porter Describes Hiding with Ocasio-Cortez during Capitol Riot: ‘She Said, ‘I Just Hope I Get to be a Mom’

Rep. Katie Porter (D-Calif.) opened up about how her and Rep. Alexandria Ocasio-Cortez (D-N.Y.) were sheltering during the riot at the Capitol Hill last month, revealing that Ocasio-Cortez told her that “I hope I get […]

South Korea Urges U.S. Flexibility on Sanctions to Restart North Korea Talks

The United States should flexibly enforce sanctions aimed at curbing Pyongyang’s nuclear programmes to revive denuclearisation talks, South Korea’s point man on North Korea said on Wednesday, Reuters writes. North Korean leader Kim Jong Un […]

McConnell says Taylor Greene’s Embrace of Conspiracy Theories is ‘Cancer for GOP’

Mitch McConnell (R-Ky.), the Senate Minority Leader blasted Georgia GOP Rep. Marjorie Taylor Greene on Monday, calling her embrace of “loony lies and conspiracy theories” a “cancer for the Republican Party,” reported The Hill. “Somebody […]

Bezos to Give Amazon Reins to Cloud Boss Jassy as Sales Rocket past $100 Billion

Amazon.com Inc founder Jeff Bezos will step down as CEO and become executive chairman, naming the head of its lucrative cloud computing division as successor in a sign of the company’s transformation from web retailer […]

Treasury’s Yellen Calls Top Regulator Meeting on GameStop Volatility

U.S. Treasury Secretary Janet Yellen is calling a meeting of top financial regulators this week to discuss market volatility driven by retail trading in shares of GameStop Corp, silver and other stocks favored on social […]

Recovered COVID Patients Likely Protected for at Least Six Months, Study Finds

Almost all people previously infected with COVID-19 have high levels of antibodies for at least six months that are likely to protect them from reinfection with the disease, results of a major UK study showed […]

Global Stocks Rise as U.S. Retail Trading Frenzy Comes under Scrutiny

World shares rose on Wednesday as volatility caused by a retail trading frenzy on Wall Street subsided on expectations of tougher regulation, while optimism about U.S. fiscal stimulus also supported sentiment, Reuters reported. The MSCI […]

Saudi Arabia Expects to See More IPOs Than Ever in 2021 Amid Strong Demand

The Saudi stock exchange expects to host more initial public offerings than ever in 2021, seizing on strong demand from local investors that supported several deals last year, Arabian Business reported. After 22 issuances across […]

Two FBI Agents Killed, Three Wounded in Early Morning Raid in Florida

Two FBI agents were killed on Tuesday and three others were wounded as they tried to serve a search warrant at a Florida home in an early morning raid that turned into one of the […]

Pfizer Expects About $15 Billion in 2021 Sales From COVID Vaccine

Pfizer expects to sell about $15 billion in coronavirus vaccine doses this year, the company announced in releasing its fourth-quarter earnings Tuesday, CNBC writes. It forecasts revenue this year will be between $59.4 billion and […]

Pandemic’s Deadliest Month in U.S. Ends with Signs of Progress

The deadliest month yet of the coronavirus outbreak in the U.S. drew to a close with certain signs of progress: COVID-19 cases and hospitalizations are plummeting, while vaccinations are picking up speed, The Associated Press […]

Tesla to Recall 135,000 U.S. Vehicles under Pressure from Auto Safety Regulators

Tesla has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail and raise the risk of a crash after U.S. auto safety regulators sought the recall last month, […]

Biden To Issue Executive Orders on Asylum, Legal Immigration, Separated Families

President Joe Biden on Tuesday will order a major review of asylum processing at the U.S.-Mexico border and the legal immigration system as he seeks to undo some of former President Donald Trump’s hard-line policies, […]

Accused Capitol Rioters Blame Trump in Novel Legal Defense

Emanuel Jackson, a 20-year-old Washington area man, was caught on video using a metal bat to strike the protective shields wielded by police officers as they tried to fend off rioters storming the U.S. Capitol […]

Japan Set to Extend State of Emergency for Another Month

Japan is set to extend a state of emergency in Tokyo and other regions for another month on Tuesday, seeking to keep the upper hand over a COVID-19 outbreak even as daily case numbers begin […]

Man beats lumber store employee over mask rule

New U.S. Transit Mask Rules Ordered by Biden Take Effect

New rules took effect just before midnight Tuesday requiring millions of travelers in the United States to wear masks on airplanes, trains, buses, ferries, taxis and ride-share vehicles and in airports, stations, ports and other […]

Global Markets Buoyant as U.S. Stimulus Package Debate Looms

Global stock markets gained for a second day on Tuesday, spurred by increased optimism about economic stimulus and global recovery, while retail investors retreated from GameStop and their new-found interest in silver, Reuters informed. Positive […]

February 1, 2021 John Ganjei

LUNCHTIME POLITICS: New York City Mayor – Parties in Congress – Georgia Ratings

Your Daily Polling Update for Monday, February 1, 2021 BIDEN JOB APPROVAL: AVERAGE 56%Up 1 from Thursday RON’S COMMENT: Today’s average is based on six polls, ranging from 50% (Rasmussen) to 63% (The Hill). Without […]

Dozens of Former Bush Officials Leave Republican Party, Calling It ‘Trump Cult’

Dozens of Republicans in former President George W. Bush’s administration are leaving the party, dismayed by a failure of many elected Republicans to disown Donald Trump after his false claims of election fraud sparked a […]

Former Biden COVID Advisor Says U.S. Should Prioritize First Vaccine Doses Ahead of Potential Surge

An epidemiologist who advised President Joe Biden’s transition on the Covid-19 crisis warned on Sunday of a looming wave of infections and said the U.S. should adjust its vaccination strategy in order to save lives, […]

US and China will meet for the first time at a high level since Russia's attack on Ukraine as Biden tries to get Beijing's help with the war.

New Chart Shows China Could Overtake the U.S. as the World’s Largest Economy Earlier Than Expected

China is set to overtake the United States as the world’s largest economy a few years earlier than anticipated due to the coronavirus pandemic, analysts said, CNBC reported. The U.S. reported last week that gross […]

Global Shares Rally, Retail Surge Drives Silver Higher

Global shares bounced and silver markets surged on Monday as retail investors expanded their social-media fuelled battle against Wall Street to drive the precious metal to a five-month high, Reuters reported. Stock markets had been […]

Republicans Press Biden to Scale Back $1.9 Trillion COVID-19 Relief Plan

Ten moderate Republican U.S. senators urged President Joe Biden on Sunday to significantly downsize his sweeping $1.9 trillion COVID-19 relief package to win bipartisan support as Democrats in Congress prepared to push ahead with his […]

Elon Musk Says Bitcoin ‘on the Verge’ of Being More Widely Accepted

Billionaire Elon Musk said on Monday bitcoin was “on the verge” of being more widely accepted among investors as he expressed his support for the cryptocurrency, Reuters informed. The comments come after the Tesla Inc […]

Kushner, Berkowitz Nominated for Nobel Peace Prize for Israel Deals

Former White House senior adviser Jared Kushner and his deputy, Avi Berkowitz, were nominated by a friendly attorney on Sunday for the Nobel Peace Prize for their role in negotiating four normalization deals between Israel […]

WHO Team in China’s Wuhan Visits Provincial CDC

A World Health Organization-led team investigating the origins of the COVID-19 pandemic on Monday visited the Center for Disease Control and Prevention in China’s central region of Hubei, where the outbreak emerged in late 2019, […]

Wall Street Gears up for Second Bout Against Reddit Traders

Wall Street is gearing up for another week of market mayhem, with signs that the retail frenzy that pumped up the stock prices of the likes of GameStop Corp and AMC Entertainment Holdings Inc is […]