Friday, May 14, 2021

Fact Check

No, this video doesn’t show a woman filling bags with gas because of the pipeline disruption

If Your Time is shortThis video first appeared online two years ago.See the sources for this fact-check"Do not fill plastic bags with gasoline," the...

San Francisco 49ers QB Trey Lance Signed A $34M Contract. How Much Will Go To California Taxes?

If Your Time is shortAn image shared on Instagram claims that rookie quarterback Trey Lance, who recently signed to the San Francisco 49ers, will...

No, NASCAR hasn’t postponed an upcoming race in Delaware

If Your Time is shortWhat looked like a tweet from a Fox Sports reporter is fake. The real reporter says the race is on.See the...

Conservatives seize on gas crunch to blame Biden, stir base

A graphic calling the East Coast fuel supply crunch “Biden’s Gas Crisis.” A tweet speculating that gas stations running dry was an “INSIDE JOB.”...

“Montana is canceling unemployment because of a workforce shortage.”

Greg Gianforte, Republican candidate for Montana governor, speaks to his supporters after winning the race, in Bozeman, Mont., Tuesday, Nov 3, 2020. (AP)Source link...

No, Amazon doesn’t accept Dogecoin

If Your Time is shortAmazon does not accept cryptocurrency, including Dogecoin, as a form of payment.See the sources for this fact-checkDogecoin, a cryptocurrency based...

US Politics
Latest

Editorial Roundup: Kentucky

Bowling Green Daily News. May 11, 2021. Editorial: Thoughtful gestures mean much in tough timesAs the shutdowns and disruptions of the coronavirus pandemic enter...

‘Doesn’t matter’: Democrats reject GOP’s debt limit demands

Republicans’ official party position “doesn’t matter to me,” said Sen. Chris Murphy (D-Conn.). “We don’t negotiate on the debt ceiling.” Republican leaders retort that they...

Deal reached for ex-White House counsel McGahn’s testimony

WASHINGTON (AP) — Former White House counsel Don McGahn will answer questions in private from the House Judiciary Committee in an apparent resolution of...

Oklahoma governor signs bill to extend early voting by 1 day

OKLAHOMA CITY (AP) — Oklahoma Gov. Kevin Stitt signed a bill to expand early, in-person voting by one day during general elections.The bill Stitt...

Stefanik and Roy make their pitches for House GOP No. 3

Roy, a member of the ultra-conservative House Freedom Caucus, joined the leadership race shortly before the forum after hinting at a run earlier this...

LGBTQ

Is climate change an LGBTQ issue? Let’s find out on this week’s podcast. / LGBTQ Nation

The latest episode of the LGBTQ Nation podcast has arrived and we’re figuring out whether climate change is an LGBTQ issue. On this week’s episode, host...

Ellen fights back tears & explains to Oprah why she’s ending her show / LGBTQ Nation

Ellen had Oprah on her show today. Both hosted massively successful daytime talk shows.Photo: Screenshot/EllenTubeEllen fought back tears as she announced that her show...

The struggles of being Black & queer in the Civil Rights era / LGBTQ Nation

This is the second article in “We Dream On,” a three-part profile of actress, singer, and civil rights icon Donzaleigh Abernathy, the daughter of...

Tech

Strike ends at Oregon Tech as contract deal reached

KLAMATH FALLS, Ore. (AP) — The faculty at the Oregon Institute of Technology has come to an agreement on a five-year contract with the...

More support easing vaccine patent rules, but hurdles remain

GENEVA (AP) — Several world leaders Thursday praised the U.S. call to remove patent protections on COVID-19 vaccines to help poor countries obtain shots....

Asian stock markets mixed after Wall St retreats from record

Must read

Taming the virus: US deaths hit lowest level in 10 months

COVID-19 deaths in the United States have tumbled to an average of around 600 per day — the lowest level in 10 months —...

No, this video doesn’t show a woman filling bags with gas because of the pipeline disruption

If Your Time is shortThis video first appeared online two years ago.See the sources for this fact-check"Do not fill plastic bags with gasoline," the...

Editorial Roundup: Kentucky

Bowling Green Daily News. May 11, 2021. Editorial: Thoughtful gestures mean much in tough timesAs the shutdowns and disruptions of the coronavirus pandemic enter...

‘Doesn’t matter’: Democrats reject GOP’s debt limit demands

Republicans’ official party position “doesn’t matter to me,” said Sen. Chris Murphy (D-Conn.). “We don’t negotiate on the debt ceiling.” Republican leaders retort that they...

BEIJING (AP) — Asian stock markets were mixed Thursday after Wall Street retreated from a record high as major banks reported strong profits at the start of the U.S. earnings season.

Shanghai, Hong Kong and Sydney declined while Tokyo and Seoul advanced.

Wall Street’s benchmark S&P 500 index closed 0.4% below the previous day’s record due to losses for major tech stocks while smaller companies rallied.

Goldman Sachs, JPMorgan Chase and Wells Fargo announced quarterly earnings that beat forecasts. Much of the surge was due to strong trading revenue and expectations for better economic performance, which allowed banks to free up reserves held against the possibility loans might go bad.

The results showed “investment banking and trading are strong and that the party will go on for a couple more quarters,” said Edward Moya of Oanda in a report.

The Shanghai Composite Index lost 1% to 3,381.22 while the Hang Seng in Hong Kong declined 0.9% to 28,628.88.

The Nikkei 225 in Tokyo gained 0.1% to 29,657.66 and the Kospi in Seoul added 0.2% to 3,188.94.

The S&P-ASX 200 in Sydney was up less than 0.1% at 7,025.90. New Zealand and Jakarta declined while Singapore advanced.

On Wall Street, the S&P 500 declined to 4,124.66. The Dow Jones Industrial Average rose 0.2% to 33,730.89. The Nasdaq composite dropped 1% to 13,857.84.

Apple and Amazon declined, but the majority of stocks in the S&P 500 rose.

Smaller companies rallied amid growing optimism as coronavirus vaccines are rolled out and businesses reopen. The Russell 2000 index of small-cap stocks climbed 0.8%.

Coinbase Global, an exchange for bitcoin and other digital currencies, closed at $328.28 per share on its first trading day after surging to $430 from an opening price of $381. At that price, investors say the company is worth more than $85 billion, more valuable than Nasdaq or Intercontinental Exchange, the owner of the New York Stock Exchange.

Investor expectations are high as other companies prepare to report quarterly profits.

Goldman Sachs rallied 2.3%, but JPMorgan Chase fell 1.9%. Wells Fargo jumped 5.5%, but only after swerving from an early-morning loss.

Also Wednesday, Federal Reserve Chairman Jerome Powell said again the U.S. central bank will wait to raise interest rates until the job market has healed and inflation is on track to stay above 2%.

In energy markets, benchmark U.S. crude lost 10 cents to $63.05 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose $2.97 on Wednesday to $63.15. Brent crude, used to price international oils, shed 4 cents to $66.54 per barrel in London. It gained $2.91 the previous session to $66.58.

The dollar edged down to 108.91 Japanese yen from Wednesday’s 108.94 yen. The euro rose to $1.1976 from $1.1970.

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Latest article

Taming the virus: US deaths hit lowest level in 10 months

COVID-19 deaths in the United States have tumbled to an average of around 600 per day — the lowest level in 10 months —...

No, this video doesn’t show a woman filling bags with gas because of the pipeline disruption

If Your Time is shortThis video first appeared online two years ago.See the sources for this fact-check"Do not fill plastic bags with gasoline," the...

Editorial Roundup: Kentucky

Bowling Green Daily News. May 11, 2021. Editorial: Thoughtful gestures mean much in tough timesAs the shutdowns and disruptions of the coronavirus pandemic enter...

‘Doesn’t matter’: Democrats reject GOP’s debt limit demands

Republicans’ official party position “doesn’t matter to me,” said Sen. Chris Murphy (D-Conn.). “We don’t negotiate on the debt ceiling.” Republican leaders retort that they...

Strike ends at Oregon Tech as contract deal reached

KLAMATH FALLS, Ore. (AP) — The faculty at the Oregon Institute of Technology has come to an agreement on a five-year contract with the...