The Fed: Fed’s Bostic on why the South has the lowest unemployment rate in the country
The Southern region of the U.S. is currently experiencing the lowest unemployment rate in the country of 6.9%.
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NewsWatch: Tesla and Netflix put their big 2020 gains on the line in the coming week
Two of 2020’s hottest companies will try to keep their momentum alive as earnings reporting season kicks into high gear this coming week.
Capitol Report: Pelosi says stimulus deal must be agreed to within 48 hours or package won’t pass before Election Day
‘When you say ‘may’ you’re giving the president a slush fund,’ Pelosi said. The language used in the stimulus package is one of the areas that is keeping her from signing off on it as it stands, she said.
17 de outubro de 2020
The Wall Street Journal: These imploding, scandal-plagued companies shared a Big Four auditor
EY missed red flags or failed to aggressively pursue them at some of the companies ahead of their scandals, and for the most part it was outsiders who raised questions first, a review based on publicly available documents and interviews with people close to the events shows. Now, regulators are scrutinizing EY’s work.
Doctors and scientists take aim at herd immunity, calling it ‘nonsense’ and a ‘nebulous’ idea
The Trump administration this week promoted a theory that calls for people at low risk of contracting COVID-19 to return to schools, sports, and the workplace, though officials have denied they are putting their support behind the increasingly controversial concept of herd immunity.
NewsWatch: Stock-market bulls are counting on the consumer staying strong — should they?
Bulls are convinced the American consumer — and the stock market — are going to be fine, even if politicians fail to approve another round of fiscal stimulus before next month’s elections. But some economists see consumption taking a big hit after a robust third quarter.
