This Was One of Warren Buffett’s Worst Investment Decisions
Warren Buffett made a huge mistake when he sold his airline stocks. Arguing such stocks won’t be a good investment for the foreseeable future, he noted, "I don't know whether it's two or three years from now that as many people will fly as many passenger miles as they...
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The Top 3 COVID-19 Stories Driving Markets Higher
Markets are exploding higher on vaccine hopes. Moderna Inc. (MRNA) took a hit in recent days after STAT News noted that some vaccine experts were skeptical of the MRNA data. In fact, they noted the Moderna study did not provide critical information to assess...
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The Top Numbers That Show Just How Bad the Economy Has Become
The U.S. is in trouble. However, the Federal Reserve seems ready to act. “There’s a lot more we can do,” said Federal Reserve Chairman Jerome Powell, as quoted CBS News 60 Minutes, as quoted by CNN. “We’ve done what we can as we go. But I will say that we’re not out...
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US v. China: The Top Reasons For New Explosive Tension
So much for cooling tensions with China. The U.S. again blamed China for its lack of transparency over the coronavirus. “Some wacko in China just released a statement blaming everybody other than China for the Virus which has now killed hundreds of...
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Croatian charity offers help as lives turn during outbreak
PULA, Croatia (AP) — Winding stone streets, usually packed with tourists, silent as a graveyard. Restaurants closed. Beaches deserted. Hotels bolted shut.When Europe locked down in response to the spread of the coronavirus, northern Croatia’s picturesque Istria region...
Asian shares mixed after Wall Street rally; Hong Kong lower
BANGKOK (AP) — Asian stocks were mixed after an upbeat open on Thursday, as investors pinned their hopes on an economic rebound from the coronavirus crisis. Shares rose in Tokyo, Sydney and Mumbai but dropped in Hong Kong, where tensions are flaring over Beijing’s...
‘Didn’t give a damn’: Inside a ravaged Spanish nursing home
MADRID (AP) — Zoilo Patiño was just one of more than 19,000 elderly people to die of coronavirus in Spain’s nursing homes but he has come to symbolize a system of caring for the country’s most vulnerable that critics say is desperately broken.When the...
House casts proxy votes in pandemic, Republicans have doubts
WASHINGTON (AP) — It was a day for the history books on Capitol Hill: For the first time, House lawmakers voted by proxy, an unprecedented move to avoid the risks of travel to Washington during the pandemic.To mark Wednesday's history-making moment, House Republicans...
Twitter fact-checks Trump; he threatens new regs or shutdown
WASHINGTON (AP) — President Donald Trump, the historically prolific tweeter of political barbs and blasts, threatened social media companies with new regulation or even shuttering after Twitter added fact checks to two of his tweets. He turned to his Twitter account —...
Most Australian News Corp small papers to go digital-only
CANBERRA, Australia (AP) — Australia’s largest newspaper publisher, News Corp., announced on Thursday that most of its suburban and regional mastheads across the country will become digital-only next month due to the pandemic and digital platforms sharing their...
Arizona sues Google over ‘deceptive’ location tracking
PHOENIX (AP) — Google kept tabs on the whereabouts of its users even if they had turned off location tracking, an Arizona official alleged in a lawsuit filed Wednesday.The suit filed by Attorney General Mark Brnovich stemmed from an investigation that began after The...
Democrats: White House letter on watchdogs ‘disrespectful’
WASHINGTON (AP) — Senate Democrats say a White House letter declaring that President Donald Trump followed the law when he fired multiple inspectors general is inadequate and even disrespectful, escalating a bipartisan fight with Trump over his removal of internal...
Biden accuser’s credentials, expert testimony under scrutiny
PHILADELPHIA (AP) — State prosecutors in California are investigating the credentials that Tara Reade, the former Senate staffer who has accused Joe Biden of assaulting her in 1993, attested to in as many as 20 criminal trials, including an attempted murder case where...
Trump opposition throws surveillance legislation in doubt
WASHINGTON (AP) — House legislation extending surveillance authorities that the FBI sees as vital in fighting terrorism was thrown into doubt Wednesday as President Donald Trump threatened a veto and Republican leaders and top liberal Democrats said they would oppose...
US Congress approves China sanctions over ethnic crackdown
WASHINGTON (AP) — Congress voted Wednesday to toughen the U.S. response to a brutal Chinese crackdown on ethnic minorities, adding another factor to the increasingly stormy relationship between the two countries.The House passed a bipartisan bill that would impose...