"Democrats in this town have been hand-wringing about their prospects in the presidential race," writes Valliere, DC-based chief US policy strategist at AGF Investments. "Las Vegas oddsmakers have made Donald Trump the clear favorite. Inexplicably, he gave Democrats a major opening this week -- Social Security, the third rail that politicians never want to touch." … [Read more...] about Does Trump dare touch the third rail of politics?
How recession can affect a business
On Friday, the company shuttered locations in Wuhan, Ezhou, Huanggang, Qianjiang and Xiantao — all cities that have been impacted by the Chinese government's travel restrictions, company spokesperson Barry Sum told CNN Business in an email. At least 10 cities in central Hubei province are facing travel restrictions, including Wuhan, where this strain of coronavirus originated. … [Read more...] about McDonald’s closes restaurants in five Chinese cities because of the coronavirus
Trading was choppy for much of the day after a sell-off in Asia, where concern about the potential effect of a deadly new virus outbreak dragged stock indexes in China down sharply. Fears that the coronavirus could spread, dampening tourism and economic growth, has weighed on global markets this week, driving up demand for U.S. government bonds and safe-play stocks. … [Read more...] about Stock indexes barely budge: Tech and industrials’ gains offset losses elsewhere
At 35 days, that record-setting partial closure of the federal government joins the ranks of several other recent world-class self-inflicted wounds. Among them are the U.S.-China trade war, the U.K.’s Brexit chaos, the yellow vest protests in France and Tokyo’s intention to raise consumption taxes after a similar decision in 2014 sucked Japan into a recession. … [Read more...] about Self-inflicted wound of shutdown may continue to fester
The Clean Water Act was passed to improve and protect water quality by limiting pollution discharges into the nation’s streams, rivers, and other waterbodies and to stem the dramatic loss of wetlands by regulating when they could be drained or filled. Beginning in the 1970s, U.S. Environmental Protection Agency (EPA) regulations relied on science-based standards to identify the specific types of waterbodies protected by the law. The overwhelming body of science proves that water quality in rivers and lakes, for example, is directly affected by waters that directly and indirectly flow into them. Because the purpose of the Clean Water Act is to improve and restore water quality nationwide, EPA regulations protected streams that flow periodically because pollution dumped into these streams adversely affects the health of larger waters. … [Read more...] about Izaak Walton League Decries Weakening of Protections for Clean Water and Wildlife Habitat