Reader’s Digest Reveals the 50 “Nicest Places in America 2020

Reader’s Digest Reveals the 50 “Nicest Places in America 2020

New York, NY….Reader’s Digest unveiled today the 50 Nicest Places in America 2020: United in Kindness, stories of communities in every state where people have come together to make each other’s lives better. In response to the fourth annual search, conducted in partnership with neighborhood platform Nextdoor, readers submitted a record 1,177 stories of solidarity and hope as […]

2.5 Million Jobs Returned in May, Unemployment Drops to 13.3 Percent!

2.5 Million Jobs Returned in May, Unemployment Drops to 13.3 Percent!

Washington, DC…Total nonfarm payroll employment rose by 2.5 million in May, and the unemployment rate declined to 13.3 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflected a limited resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and […]

2,123,000 Jobless Claims Last Week, Down 323,000 From Previous Week

2,123,000 Jobless Claims Last Week, Down 323,000 From Previous Week

Washington, DC…The COVID-19 virus continues to impact the number of initial claims and insured unemployment. This report includes information on claimants filing Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation claims. In the week ending May 23, the advance figure for seasonally adjusted initial claims was 2,123,000, a decrease of 323,000 from the previous week’s […]

President Trump in Meeting on Opportunity Zones

President Trump in Meeting on Opportunity Zones

Washington, DC…Okay. Thank you very much. We’re here talking about Opportunity Zones and other things having to do with economic development and also the inner cities. And Tim Scott — Senator Tim Scott of South Carolina has been with us on Opportunity Zones from day one. He first approached me and he mentioned it, and […]

Telsa Files Lawsuit in Federal Court in Battle to Restart Production

Telsa Files Lawsuit in Federal Court in Battle to Restart Production

Palo Alto, CA…Tesla released the following yesterday on their reopening efforts and lawsuit filed…”Tesla is the last major carmaker remaining in California, and the largest manufacturing employer in the State with more than 10,000 employees at our Fremont factory and 20,000 statewide. We understand the impacts COVID-19 has caused and have a responsibility to look […]

Musk Threatens to Move Tesla out of California after County Blocks Plant Reopening

Musk Threatens to Move Tesla out of California after County Blocks Plant Reopening

Fremont, CA…Elon Musk on Twitter this morning…”Tesla is filing a lawsuit against Alameda County immediately. The unelected & ignorant “Interim Health Officer” of Alameda is acting contrary to the Governor, the President, our Constitutional freedoms & just plain common sense! Photo By Steve Jurvetson Frankly, this is the final straw. Tesla will now move its […]

The Fed Keeps Rates Near Zero, Will Use All Tools in Toolbox on Economy

The Fed Keeps Rates Near Zero, Will Use All Tools in Toolbox on Economy

Washington, DC…The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.  The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world. The virus and the measures taken […]

NIH Clinical Trial Shows Remdesivir Accelerates Recovery from Advanced COVID-19

NIH Clinical Trial Shows Remdesivir Accelerates Recovery from Advanced COVID-19

Bethesda, MD…Hospitalized patients with advanced COVID-19 and lung involvement who received remdesivir recovered faster than similar patients who received placebo, according to a preliminary data analysis from a randomized, controlled trial involving 1063 patients, which began on February 21. The trial (known as the Adaptive COVID-19 Treatment Trial, or ACTT), sponsored by the National Institute […]

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