The big looming risk for investors? A second wave of coronavirus
The breathless run-up in stocks in recent weeks has met some resistance. What’s happening: Federal Reserve Chair Jerome Powell’s cautious…
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Days before resigning, CrossFit CEO Greg Glassman told gym owners he doesn’t mourn George Floyd
Hours before tweeting controversial statements about George Floyd on Saturday, former CrossFit CEO Greg Glassman made insensitive comments about race…
Continue Reading ‘Gone with the Wind’ pulled from HBO Max until it can return with ‘historical context’
HBO Max has pulled “Gone with the Wind” from its library of films. The removal of the film comes as mass protests sweep across the United…
Continue Reading Sean Hannity said George Floyd and Donald Trump are both victims of bad cops
Fox News host Sean Hannity, a nightly champion of President Donald Trump, highlighted the similarities between Trump’s sparring with the US…
Continue Reading PwC chairman: How Corporate America can stop failing black workers and diversify its ranks
PwC Chairman Tim Ryan has been vocal for several years about the need for Corporate America to diversify its ranks. And he agrees that it has failed…
Continue Reading The backlash to Silicon Valley returns with a vengeance
For a brief moment, it looked like Mark Zuckerberg might finally catch a break. After a prolonged period of backlash dating to the 2016 presidential…
Continue Reading Prices keep falling, even as the economy starts to reopen
Consumer prices continued to fall in May even as the economy began to reopen. Although lockdown measures eased across the country, consumers kept…
Continue Reading I love The New York Times, but what they did was wrong
The late Senator Daniel Patrick Moynihan has been famously quoted asserting that people are entitled to their own opinion, but not their own facts.…
Continue Reading It’s official: The recession began in February
The longest economic expansion in American history is officially over. The National Bureau of Economic Research declared Monday that the recession…
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‘A new experience’: Virtual job fair set up for those looking for work in El Paso
EL PASO, Texas (KVIA) — Unemployment has surged in the Borderland since the pandemic began. More than 18,000 people have filed claims in the…
Continue Reading Airline stocks soar as Americans get ready to travel again
Investors are bullish on travel stocks again. US airline stocks had an exceptionally strong week last week on rising hopes that summer travel would…
Continue Reading In newsrooms, ‘a raging debate over the role journalists should be playing’
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Who decides? New York…
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El Paso gym forced to restock equipment after being burglarized during pandemic closure
EL PASO, Texas– All gyms in the Borderland have had a rough start to the year due to the Covid-19 closures. Fit For Life in west El Paso has had to…
Continue Reading Reddit cofounder Alexis Ohanian resigns from board, urges seat be filled by black candidate
Alexis Ohanian says he is trying to set an example for other leaders — by stepping down. Reddit, the social networking site he co-founded 15…
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Dows soars 800 points after surprise gain in jobs as virus eases
WASHINGTON, DC — Stocks closed out the week with a bang after a closely watched report on the job market surprised investors by showing that…
Continue Reading ‘People are showing love’: Growing movement helps support Omaha black business owners
Click here for updates on this story OMAHA, NE (KETV) — Dripped and Draped is a coffee shop and boutique in downtown…
Continue Reading White House turns press corps into anti-social distancing props
Members of the White House press corps became the latest political prop in President Donald Trump’s quest to reopen the country on Friday. The…
Continue Reading These companies are hiring — rapidly — during the coronavirus crisis
Businesses shut down across America during the coronavirus pandemic, leading to millions of layoffs and furloughs. The US job market is attempting to…
Continue Reading America’s unemployment rate falls to 13.3% as economy posts surprise job gains
The American economy just got a shocking piece of good news: The job market may be recovering well ahead of schedule. The US unemployment rate…
Continue Reading Analysis: Five things Corporate America can do besides tweeting to combat racism
Major companies have expressed solidarity with the collective plight of African Americans this week following the horrifying murder by police of…
Continue Reading Ryan Williams, a 32-year-old black CEO, says America has been ‘hallucinating’ about racism and inequality. Until now.
The United States is experiencing a “reckoning” over race, justice and inequality that has been decades in the making, fintech CEO Ryan…
Continue Reading Exclusive: He quit his Facebook job because of Zuckerberg’s inaction on Trump’s posts
A Facebook employee who quit the company this week told CNN he is worried the platform will be used to further escalate violence in the United…
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JC Penney unveils closing list of 154 stores; El Paso survives but Alamogordo to close
NEW YORK, NY — J.C. Penney said Thursday that it will start closing 154 of its stores next week in what it is calling the first phase of its…
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‘A reset button’ for Las Cruces salon owner able to reopen after virus restrictions lifted
LAS CRUCES, New Mexico — After months of being closed, business owners across the state of New Mexico have been able to operate at a limited…
Continue Reading Europe’s ‘stimulus fireworks’: ECB and Germany throw new wall of money at the economy
Europe is throwing money at the region’s deepest downturn since the Great Depression. It still may not be enough to spur a strong recovery in…
Continue Reading Piers Morgan tells Rudy Giuliani on live TV: You’ve gone completely mad and you sound deranged
Piers Morgan’s live interview with Rudy Giuliani on Thursday devolved into a heated argument, that at times turned very personal, on…
Continue Reading New York Times staffers revolt over publication of Tom Cotton op-ed
Staffers at The New York Times expressed dismay Wednesday over the newspaper’s decision to publish an op-ed written by Republican Sen. Tom…
Continue Reading Nearly 43 million Americans have filed for unemployment benefits during the pandemic
Millions of Americans again filed for unemployment benefits last week, as the coronavirus recession drags on. Another 1.9 million workers filed for…
Continue Reading Stelter: Trump encourages people not to believe their eyes, ears or lungs
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Don’t believe…
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Texas Gov. Greg Abbott says almost all businesses can open at 50% capacity – effective immediately
AUSTIN, Texas — Gov. Greg Abbott on Wednesday afternoon announced his third phase of reopening Texas during the coronavirus pandemic, allowing…
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