Economic Indicators3 hours ago (Jul 10, 2020 06:25PM ET) (C) Reuters. FILE PHOTO: The 2019 Chrysler Pacifica minivans move down the assembly line the FCA Windsor Assembly plant in Windsor TORONTO (Reuters) – Canada’s long-term financial and economic profile is expected to remain consistent with its current AAA rating, Standard […]
U.S. police unions approved for millions in pandemic aid
(C) Reuters. FILE PHOTO: U.S. President Trump signs the Paycheck Protection Program and Health Care Enhancement Act response to the coronavirus disease outbreak at the White House in Washington By Reade Levinson and Chris Prentice WASHINGTON (Reuters) – At least six police unions qualified for a combined total of $2 […]
U.S. producer prices unexpectedly fall; underlying inflation stabilizing
(C) Reuters. Workers prepare free food for distribution at the Chelsea Collaborative in Chelsea By Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices unexpectedly fell in June as rising costs for energy goods were offset by weakness in services, pointing to subdued inflation that should allow the Federal Reserve to […]
China books second-biggest U.S. corn purchase on record, also buys wheat
Economic Indicators11 hours ago (Jul 10, 2020 10:15AM ET) (C) Reuters. Frozen corn is seen on a farm in East Grand Forks CHICAGO (Reuters) – China booked its second-largest single-day U.S. corn purchase on record, according to U.S. Department of Agriculture (USDA) data released on Friday, as the country works […]
China bank lending hits record $1.72 trillion in first half after solid June
(C) Reuters. FILE PHOTO: Man wearing a mask walks past the headquarters of the People’s Bank of China, the central bank, in Beijing By Judy Hua and Kevin Yao BEIJING (Reuters) – New bank lending in China rose 22.3% in June as authorities continued to boost credit and ease policy […]
Where Are the Adults in the Clubhouse?
Then, last week on Twitter, a VC named Balaji Srinivasan wrote a mocking reply to one of Lorenz’s tweets, involving alleged misbehavior of the CEO of the luggage startup Away. Lorenz defended herself and called out what she characterized as previous harassment by Srinivasan and others on a variety of […]
Covid-19 Immunity May Rely on a Microscopic Helper: T Cells
That makes it difficult to know if vaccine developers are really on the right track. Their hunch is based, primarily, on how the immune system responds to other pathogens. But some viruses evade the typical patterns. They short-circuit the immune response. The most infamous example of that is HIV, Wherry […]
EU’s Michel seeks please-all recovery plan ahead of tense summit
Economic Indicators13 hours ago (Jul 10, 2020 07:50AM ET) (C) Reuters. Debate about EU financing and economic recovery at the European Parliament in Brussels By Gabriela Baczynska and Marine Strauss (Reuters) – European Council President Charles Michel on Friday sought to offer concessions to countries across the EU in plans […]
Democrat Mayor of Houston Cancels GOP Convention
Officials in the city of Houston, Texas have cancelled the state’s Republican convention. On Wednesday, Democrat Mayor Sylvester Turner announced he has instructed the city’s convention center to cancel the event. It was supposed to be held there next week, but Turner claimed it would’ve posed a “clear and present” […]
Meet the Secret Algorithm That’s Keeping Students Out of College
Eighteen-year-old Anahita Nagpal’s plans to start training this fall to be a doctor are in ruins. She blames a statistical model. Nagpal, who lives in Göttingen, Germany, had been offered a premed place and scholarship at NYU. Both were withdrawn this week, she says, after she scored more poorly than […]