Stocks may have another reason to rally. According to MKM Partners’ Michael Darda, the risk of a monetary policy mistake at the margin is lower now than it was just yesterday. His call follows Federal Reserve chief Jerome Powell’s speech at the virtual Jackson Hole, Wyoming, economic summit on Thursday. “The Fed is focused like
Month: August 2020
The Henry Ford II World Center, headquarters of the Ford Motor Company in Dearborn, Michigan. James Leynse | Corbis | Getty Images DETROIT — Ford Motor remains under federal investigation as part of a multi-year corruption probe into the United Auto Workers union, according to the lead prosecutor on the investigation. U.S. Attorney Matthew Schneider told CNBC that
Christopher Nolan’s Tenet has begun its offshore rollout, and while Warner Bros is keeping a tight lid on grosses until fully reporting Sunday, some international box office information is available on the highly-anticipated title. In Korea, one of the key plays on Tenet, the Wednesday opening day was a little over $827K from 2,228 screens.
Marine Corps Mastery Gunnery Sgt. Scott Stalker will take over for Space Force Chief Master Sgt. Roger Towberman WASHINGTON — Marine Corps Mastery Gunnery Sgt. Scott Stalker on Aug. 28 will assume duties as the senior enlisted leader of U.S. Space Command, a spokesperson for U.S. Space Command said Aug. 27, Stalker will take over
Former U.S. Vice President Joe Biden accepts the 2020 Democratic presidential nomination during a speech delivered for the largely virtual 2020 Democratic National Convention from the Chase Center in Wilmington, Delaware, August 20, 2020. Kevin Lamarque | Reuters Joe Biden accused President Donald Trump on Thursday of “rooting for more violence” in cities where protests
A new documentary film called Jimmy Carter: Rock & Roll President is set to arrive in “virtual cinemas” on September 9, with a physical release to follow on October 9. The movie, directed by Mary Wharton, follows the 39th U.S. president’s life-long passion for music, how he used that enthusiasm in his political campaigning, and
ANA CEO Bob Liodice speaks onstage at the ANA Masters of Marketing conference. ANA Advertising trade groups are condemning amendments to a California consumer protection bill, claiming it would “have a chilling effect on commercial speech, the availability of digital content, and online commerce during a time when the economy is already under significant strain.”
Today we have an exclusive trailer for The Rising Hawk: Battle For The Carpathians to share. The epic historical action movie has been receiving rave reviews since it premiered internationally. In one of the first and largest collaborations between the Ukrainian and American film communities, The Rising Hawk has proven to be a huge success
While many scripted originals are being held until 2021, NBC has announced premiere dates for some of its biggest dramas. Let’s just say these premieres are sooner than some expected. This Is Us is geting a two-hour premiere Tuesday, November 10. The juggernaut does not have a firm filming date, but it’s sure to be
Electric Lit relies on contributions from our readers to help make literature more exciting, relevant, and inclusive. Please support our work by becoming a member today, or making a one-time donation here. . About a week after the New York City coronavirus quarantine measures were announced, I knew the time had finally come: I had
This week marks the sixty-fifth anniversary of the murder of Emmett Till on August 28, 1955. Karlos K. Hill’s new book, The Murder of Emmett Till, retells and recontextualizes the story for a new generation of readers born decades after this decisive moment, which helped ignite the Civil Rights Movement. Dr. Hill and WLT editor
White House senior advisor Jared Kushner on Thursday praised Federal Reserve Chairman Jerome Powell for his leadership of the central bank’s response to the coronavirus pandemic. “Look, you really see what people are made of in times of crisis and I think that Chairman Powell has really stepped up to the plate, and he’s done a
by Regina Avalos, August 26, 2020 The plug has been pulled on season three of I’m Sorry. The truTV series had been renewed for a new season set to arrive this year, but COVID-19 has caused a reversal of that earlier renewal. Andrea Savage both stars in and created the comedy TV show. On the
EXCLUSIVE: Here’s the first good sign we’ve gotten on advance tickets sales for Warner Bros.’ Tenet, particularly here in the U.S. Movio cinema analytics corp tells Deadline that pre-sales for Christopher Nolan’s latest is outpacing his previous movies Interstellar and Dunkirk at the same point in their advance sales cycle for the U.S., United Kingdom and Australia. In the UK
WASHINGTON — A new report offers ways both astronomers and satellite developers can reduce the effect megaconstellations have on ground-based astronomy, but warned that no combination of measures can entirely eliminate the problem. The report released Aug. 25 by the American Astronomical Society and the National Science Foundation’s National Optical-Infrared Astronomy Research Laboratory, or NOIRLab,
WASHINGTON – It was Vice President Mike Pence’s big night at the Republican National Convention, and he and his fellow speakers delivered an effective message to moderate Republicans, women and independent voters. After two nights of convention programming that were dominated by rhetorical and actual appearances from President Donald Trump, on Wednesday Trump, who trails
Exclusive The 11th time was not a charm for Mark David Chapman, the man who murdered John Lennon … his request for parole was once again rejected. The infamous killer had another interview with the Board of Parole last week in New York, and just like his 10 previous attempts … the Board was unmoved.
U.S. government debt prices were hovering around the flatline Thursday, as traders await a speech by Federal Reserve Chairman Jerome Powell. At around 2 a.m. ET, the yield on the benchmark 10-year Treasury note fell slightly to 0.6851%, whereas the yield on the 30-year Treasury bond slipped to 1.4051%. Yields move inversely to prices. Jerome Powell is due to address
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