by Jim Heath | Jan 28, 2021 | Climate, Economy, Headlines
General Motors said today that it will end the sale of all gasoline and diesel powered passenger cars and light sports utility vehicles by 2035, marking an historic turning point for the iconic American automobile company and promising a future full of new electric...
by Jim Heath | Dec 22, 2020 | coronavirus, Economy, Headlines, Trump
In a bit of reality TV theatrics tonight, President Trump asked Congress to amend the nearly $900 billion stimulus and spending bill passed by the Senate just one day before, describing the legislation as “a disgrace” and suggesting he would not immediately sign off...
by Jim Heath | Dec 16, 2020 | coronavirus, Economy, Headlines
The U.S. poverty rate has surged over the past five months, with 7.8 million Americans falling into poverty, the latest indication of how deeply many are struggling after government aid dwindled. WAPO: The poverty rate jumped to 11.7 percent in November, up 2.4...
by Jim Heath | Dec 8, 2020 | Economy, Headlines
There hasn’t been much talk about a Balanced Budget Amendment to the constitution during the time Donald Trump has been president. That’s because deficit spending has soared the past four years. The federal deficit in October and November, the first two...
by Jim Heath | Dec 3, 2020 | Business, Economy, Headlines
For years the magic kingdoms of Walt Disney theme parks have promised an idealized and very American vision of a perfect world – as well as employing many thousands of workers and giving them a chance of stable work. But in the wake of the Covid-19 pandemic those...
by Jim Heath | Nov 24, 2020 | Economy, Headlines
The Dow Jones Industrial Average jumped past 30000 for the first time today, the latest milestone in a postelection rally turbocharged by a new president-elect and promising results from three potential coronavirus vaccines. Upward momentum for equity markets today...
