- L.A. Mayor Eric Garcetti to Cut $150 Million from Police; ‘Reinvest’ in ‘Communities of Color’
LOS ANGELES, California — Mayor Eric Garcetti announced Wednesday evening that the City of Los Angeles would cut up to $150 million from the Los Angeles Police Department (LAPD) and “reinvest” the funds in the local black community. “This is bigger than just a budget, but I want you to know we will not be […]
- Anarchy Breaks Out in New York City
The hours before the 11 p.m. curfew in New York City were characterized by chaos and crime. Midtown Manhattan was riven with packs of young looters making hit-and-run actions against retail shops, including the storied Herald Square Macy’s flagship Store. At least a dozen other stores were attacked, vandalized, or looted. The looters played cat-and-mouse […]
- LA County Can Reopen Barbershops, Restaurants, Salons: Officials
Los Angeles County, which accounts for over half of California’s COVID-19 deaths, is moving deeper into phase two of the state’s reopening plan, which lets operations resume at places like barbershops and restaurants. Chair of the L.A. County Board of Supervisors Kathryn Barger told a press conference Friday that state authorities approved a regional variance—a […]
- Unemployment Fraud Spikes Amid Surge In Claims Due to Pandemic
Federal and state authorities are warning that unemployment benefit fraud is on the rise amid record-high jobless claims filed during the COVID-19 pandemic. “In a large-scale scam erupting in the midst of the Coronavirus pandemic, imposters are filing claims for unemployment benefits, using the names and personal information of people who have not filed claims,” […]
- Gun Sales See Massive Spike in May Amidst Pandemic, Nationwide Rioting
Gun sales and FBI background checks on purchasers soared in May, which recorded the third-highest level of checks ever in the 22-year history of the federal system. According to the FBI, there have already been more than 15 million background checks this year, used mostly for legal sales, putting the country on a pace to […]
- Watch Live: Trump Discusses Reopening America with Industry Executives
President Donald Trump on Friday will host a roundtable meeting with industry executives to discuss the reopening of America. The president and his staff continue to host leaders at the White House to discuss the economic rebound after the coronavirus pandemic shutdowns. The event is scheduled for 4:00 p.m. EST.
- SpaceX Set To Launch 60 Satellites Wednesday Night
SpaceX will launch 60 satellites into space Wednesday night, weather permitting, the company announced on social media earlier in the day. The space giant, founded and led by Elon Musk, is set to launch the satellites in a Falcon 9 rocket from Cape Canaveral as part of its Starlink mission. Targeting today, June 3 at […]
- Economist Takes Credit for Predicting Riots – “It’s Not Just About George Floyd”
His critics might say “a broken clock is right twice a day,” but that isn’t stopping NYU economist Nouriel Roubini from taking a victory lap for what he’s characterizing as a prescient call, amid the riots that erupted across the U.S. over the weekend. iframe.twitter-tweet { width: 100% !important; } Roubini appears to be referencing […]
- US Opens Trade Probe Into Digital Taxes That Harm US Firms
WASHINGTON—The U.S. Trade Representative’s office announced on June 2 it was launching investigations into digital services taxes that have been implemented or are being considered by a number of U.S. trading partners, including the European Union. The trade agency’s move could lead to new trade sanctions. “President Trump is concerned that many of our trading […]
- US Shale Hit Hard as Investments Halve This Year, Says IEA
The International Energy Agency (IEA) warned this week that the CCP virus crisis is resulting in “the biggest fall in global energy investment in history”—with the United States shale industry the hardest hit sector. “The historic plunge in global energy investment is deeply troubling for many reasons,” said the IEA’s Executive Director, Dr. Fatih Birol. […]
