“Nov 24 (Reuters) — The Dow Jones Industrial Average breached the 30,000-mark for the first time on Tuesday, as optimism that COVID-19 vaccines will open the way to economic recovery next year fueled Wall Street’s rebound from a pandemic-driven crash this year. Global stock markets sank in February and March as the novel coronavirus spread across Europe and the United States, abruptly halting a bull run that dates back to the aftermath of the 2008 financial crisis. While U.S. economic activity is reeling from the damage inflicted by lockdowns and employment is at levels last seen in 2015, a raft of monetary and fiscal stimulus has powered Wall Street’s main indexes back to record highs. The technology-heavy Nasdaq is trading just around 12,000 points after crossing 10,000 for the first time in June, while the S&P 500 has soared 65% since crashing to a more-than-three-year low in March. For the blue-chip Dow, the journey to 30,000 from the 20,000-mark took less than four years, a much faster climb than the previous 10,000-point clamber, which took nearly two decades. The rise from 29,000 to 30,000 took the Dow about 10 months. (Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Arun Koyyur)
Fox News’ Geraldo Rivera: Trump’s Not Speaking To Me Right Now
112 Views0 Comments0 Likes
["Fox News’ Geraldo Rivera said Tuesday that President Donald Trump isn’t speaking to him because he acknowledges the fact that President-elect Joe Biden won the election. The conservative commentator, who has describ...
Trump Administration Lowballs Unemployment Benefits In New COVID-19 Offer
144 Views0 Comments0 Likes
["The latest stimulus offer from the White House comes with one-time $600 payments for most Americans and a lump of coal for the unemployed. The new proposal offered by Treasury Secretary Steve Mnuchin swapped the $3...
Biden Selects Marcia Fudge As Housing Secretary, Tom Vilsack For Agriculture
88 Views0 Comments0 Likes
["WASHINGTON (AP) — President-elect Joe Biden has selected Ohio Rep. Marcia Fudge as his housing and urban development secretary and former Agriculture Secretary Tom Vilsack to reprise that role in his administration,...
Trump: Millions Of Americans Getting COVID-19 Is ‘Terrific’ And A ‘Powerful Vaccine’
130 Views0 Comments0 Likes
["President Donald Trump on Tuesday spun the high number of Americans who have been infected with COVID-19 as “terrific,” claiming falsely that all those cases serve as a “powerful vaccine.” “I think that the vaccine ...
How To Deal With The Co-worker Who Is Constantly Complaining
124 Views0 Comments0 Likes
[]["fizkes via Getty ImagesComplainers may go to you because they feel like they are not being heard anywhere else. Here's how to treat their grievances with compassion.Everyone encounters a constant complainer at som...
MSNBC Names Rashida Jones President, Making History For Major Cable News Networks
175 Views0 Comments0 Likes
["MSNBC has named Rashida Jones its next president, making her the first Black executive to run a major general news cable network, The Wall Street Journal reported. Jones, who currently serves as the senior vice pres...
Bill Nye Explains Why Masks Keep Viruses In Those Pesky ‘Droplets Of Spit And Snot’ At Bay
151 Views0 Comments0 Likes
["Bill Nye explained the science behind face masks in a TikTok video posted on Friday, stressing that their effectiveness in stopping the spread of the coronavirus “is not that hard to understand.” Nye shared two map...