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Another 1.9 million Americans filed for unemployment benefits last week, bringing the total of jobless claims since the coronavirus pandemic began up to 42 million. The level of new claims outpaced the Dow Jones estimate of 1.775 million. However, last week’s new claims were still lower than the previous week’s total, which were revised upwards …
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Los Angeles officials announced plans to slash the city’s police budget by up to $150 million in order to reinvest the funding in communities of color, as protests against police brutality and the death of George Floyd continue to rock the city. The city will “identify $250 million in cuts so we can invest in …
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Nearly 1.9 million Americans applied for unemployment benefits last week as the coronavirus crisis put 42 million people out of work in less than three months, new data show. The weekly figure reported by the US Department of Labor continued its steady decline to fall below 2 million for the first time since mid-March. Yet …
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Secretary of Defense Mark Esper drew the ire of the White House Wednesday for publicly stating that he opposed invoking the Insurrection Act to deploy active-duty military to states beset by unrest, after President Trump said Monday that he would invoke the act if states did not “dominate the streets.” “I have always believed and …
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Minnesota attorney general Keith Ellison is bringing charges against three cops who were on the scene at the time of George Floyd’s death and is upgrading the murder charge against former Minneapolis cop Derek Chauvin, according to multiple reports. Ellison is charging Thomas Lane, J. Kueng, and Tou Thao with aiding and abetting second-degree murder, …
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Rod Rosenstein told Congress on Wednesday that he was not sure that he had read the entire FISA renewal application to surveil Carter Page. Rosenstein, the former deputy attorney general during the Obama administration, made the comments during testimony to the Senate Judiciary Committee. The committee hearing touched in part on the FBI’s application to …
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It took three words — “All Lives Matter” — for longtime shock jock and Sacramento Kings TV play-by-play announcer Grant Napear’s career to go up in flames, but the 60-year-old’s remorse only goes so far. “I don’t want to call it a mistake,” the Syosset, Long Island, native told The Post on Wednesday in a …
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Protests are dividing the US, a bitter spat over Hong Kong is brewing, a pandemic continues to rage worldwide — and the stock market is surging. The Dow Jones industrial average soared 527.24 points on Wednesday, or more than 2 percent, to close at 26,269.89, as Wall Street continued to shrug off spectacular images of …
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The chief executive of Pilgrim’s Pride Corp, a major US poultry company, was indicted along with three other current and former industry executives on charges of seeking to fix the price of chickens, the Justice Department said on Wednesday. Pilgrim’s Pride shares fell more than 10 percent, to $18.70, during afternoon trading. A grand jury …
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The long and murky relationship between Jeffrey Epstein and Deutsche Bank has caught the attention of New York regulators. Months of investigation by the New York’s financial watchdog agency, the Department of Financial Services, may spur a punishment of the German lender for its decision to keep the famous sex criminal as a client years …
Another 1.9 million Americans filed for unemployment benefits last week, bringing the total of jobless claims since the coronavirus pandemic began up to 42 million. The level of new claims outpaced the Dow Jones estimate of 1.775 million. However, last week’s new claims were still lower than the previous week’s total, which were revised upwards …
