Saturday, April 17, 2021

Fact Check

On whether he supports the filibuster.

North Carolina State Sen. Jeff Jackson, a Democrat, speaks to Spectrum News anchor Tim Boyum about his U.S. Senate campaign on Jan. 26, 2021.Source...

President Joe Biden’s American Relief Plan “has a lot of money in it for schools, but if you really look at it … it...

Kindergarten students at Maurice Sendak Elementary School in Los Angeles on April 13, 2021. (AP)Source link

"Kids in cages" in border facilities are "at 700% capacity."

Newly arrived migrant children inside a temporary federal facility for unaccompanied minors in Donna, Texas, on March 30, 2021. (APSource link

NO FUE REAL: Una mirada a lo que no sucedió esta semana

CIUDAD DE MÉXICO (AP) — Un resumen de las historias e imágenes más populares, pero completamente falsas de la semana. Ninguna de éstas es...

“There is racism physically built into some of our highways.”

The Overtown neighborhood in Miami, Fla. (Pietro, Creative Commons)Source link

NOT REAL NEWS: A look at what didn’t happen this week

A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though...

US Politics
Latest

Cruz, Hawley dwarf potential 2024 rivals in fundraising

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Biden administration blocks Medicaid work requirements

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Cash floods into battle for control of Congress

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Biden returns prisoner-of-war flag to perch atop White House

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McCarthy responds to MAGA caucus: GOP isn’t party of ‘nativist dog whistles’

An early draft of a prospective policy platform for the group, which was obtained by POLITICO and first reported by Punchbowl News, calls for...

LGBTQ

Former NFL player Ryan Russell takes strong stand for trans youth who want to play sports / LGBTQ Nation

Out NFL veteran and writer Ryan K. Russell has spoken out against the wave of anti-trans legislation that seeks to prevent trans youth from...

Congressman André Carson champions LGBTQ rights. This is why. / LGBTQ Nation

The latest episode of the LGBTQ Nation podcast has arrived and we’ve got an extra special show this week. Congress member André Carson (D-IN) joins host...

Colton Underwood’s coming out could finally give us a gay Bachelor season / LGBTQ Nation

Colton UnderwoodPhoto: ShutterstockNineteen years after season one of The Bachelor premiered, there may finally be a season starring a gay bachelor. On April 14, former...

Tech

New this Week: ‘Kung Fu,’ ‘Rebel’ and ‘Thunder Force’

New this Week: ‘Kung Fu,’ ‘Rebel’ and ‘Thunder Force’ Source link

Man pleads no contest to killing woman in Great Falls motel

GREAT FALLS, Mont. (AP) — A man who pleaded no contest to deliberate homicide for killing a woman at a Great Falls motel in...

Asian stocks follow Wall St. up on strong Japan, Korea data

Must read

Cruz, Hawley dwarf potential 2024 rivals in fundraising

The next two top performers — who will both be on the ballot next year — were Sens. Rand Paul (R-Ky.) and Marco Rubio...

Biden administration blocks Medicaid work requirements

MADISON, Wis. (AP) — President Joe Biden’s administration has blocked former Gov. Scott Walker’s plan to require some childless adults to work to maintain...

On whether he supports the filibuster.

North Carolina State Sen. Jeff Jackson, a Democrat, speaks to Spectrum News anchor Tim Boyum about his U.S. Senate campaign on Jan. 26, 2021.Source...

Cash floods into battle for control of Congress

But this isn’t the 2020 cycle. Armed with WinRed and an energized small-dollar donor base, House Republicans have narrowed their financial gap. Of their...

BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday after Japan and South Korea reported unexpectedly strong economic data and President Joe Biden announced a $2.3 trillion U.S. infrastructure spending plan.

Market benchmarks in Shanghai, Tokyo, Hong Kong and Sydney advanced.

Japan’s closely watched quarterly Tankan survey found business conditions improved more than expected. South Korea reported higher March export growth. House prices rose in New Zealand and Australian manufacturing expanded.

“Asia-Pacific released a lot of data today, including Japan’s latest Tankan survey. Most of it was positive,” Robert Carnell of ING said in a report.

Biden announced plans to spend on broadband internet and clean energy, roads, bridges and public transit. The plan would roll back corporate tax cuts enacted under his predecessor, Donald Trump.

There was little market reaction because “investors appear to have already priced in” the spending and taxes, said Edward Moya of Oanda in a report.

The Shanghai Composite Index rose 0.3% to 3,453.10 and the Nikkei 225 in Tokyo advanced 1.1% to 29,513.59. The Hang Seng in Hong Kong added 0.8% to 28,616.61.

The Kospi in Seoul was 0.5% higher at 3,075.97 while Sydney’s S&P-ASX 200 gained 0.3% to 6,814.20. New Zealand and Jakarta declined while Singapore advanced.

Investors are swinging between optimism that coronavirus vaccines will allow business to return to normal and unease about rising infections in the United States and some European countries. That has prompted some to reimpose travel curbs.

In Japan, the Tankan index of business conditions for large manufacturers rose into positive territory for the first time since 2019.

That “supports our view that the economy’s recovery from the pandemic will gather pace again soon,” said Tom Learmouth of Capital Economics in a report.

South Korea reported March export growth accelerated to 16.6% over a year earlier from the previous month’s 9.5%.

On Wall Street, the benchmark S&P 500 index rose 0.4% on Wednesday to 3,972.89. The Dow Jones Industrial Average lost 0.3% to 32,981.55. The Nasdaq composite climbed 1.5%, to 13,246.87.

Technology stocks powered much of S&P 500′s latest gains, even though more stocks in the index fell than rose. Apple, Microsoft and chipmaker Nvidia rose while financial, energy and materials stocks declined.

The 10-year Treasury yield inched up to 1.74%, close to its highest level since before the pandemic rocked markets a year ago. Vaccinations and government spending plans have raised expectations for supercharged economic growth and a possible rise in inflation, which has pushed yields higher.

In energy markets, benchmark U.S. crude rose 10 cents to $59.26 per barrel in electronic trading on the New York Mercantile Exchange. The contract fell $1.39 on Wednesday to $59.16. Brent crude, the price basis for international oils, added 13 cents to $62.87 per barrel in London. It lost 60 cents the previous session to $63.54.

The dollar declined to 110.64 yen from Wednesday’s 110.75. The euro Japanese yen from 110.36 yen. The euro was little-changed at $1.1727.

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Latest article

Cruz, Hawley dwarf potential 2024 rivals in fundraising

The next two top performers — who will both be on the ballot next year — were Sens. Rand Paul (R-Ky.) and Marco Rubio...

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MADISON, Wis. (AP) — President Joe Biden’s administration has blocked former Gov. Scott Walker’s plan to require some childless adults to work to maintain...

On whether he supports the filibuster.

North Carolina State Sen. Jeff Jackson, a Democrat, speaks to Spectrum News anchor Tim Boyum about his U.S. Senate campaign on Jan. 26, 2021.Source...

Cash floods into battle for control of Congress

But this isn’t the 2020 cycle. Armed with WinRed and an energized small-dollar donor base, House Republicans have narrowed their financial gap. Of their...

Biden returns prisoner-of-war flag to perch atop White House

WASHINGTON (AP) — President Joe Biden has restored the prisoner-of-war/missing-in-action flag to its former location atop the White House.The black-and-white POW/MIA flag returned atop...