While food companies and supermarkets say they have reopened plants and resolved supply constraints that contributed to higher prices, they also expect prices to remain elevated because of increased costs for labor and transportation.
Calls to Cut Funding for Police Grow in Wake of Protests
Minneapolis Mayor Jacob Frey, a Democrat, said he supports “massive structural and transformational reform” but not a full breakdown of the current department. “Am I for entirely abolishing the police department?
Undervalued Stocks Soared, But Not Because They’re Undervalued
Prof. Eugene Fama, who won an economics Nobel Prize, argued that value stocks outperformed because they were riskier, and the efficient stock market rewards higher risk in the long run. A different view holds that investor behavior is the answer: investors shun bad companies more than they should, leaving them artificially cheap. Those with the gumption to buy will eventually be rewarded when others recognize that their prospects are merely bad, not awful.
Baseball Had a Chance to Be the First Team Sport Back. It Blew It.
But baseball has squandered that chance and is now struggling to reach any kind of deal at all. Team owners and the players’ union remain deadlocked in a bitter labor standoff over how to appropriately divide billions of dollars in a pandemic-shortened season.
Trump launches massive ad buy seizing on Friday’s jobs report
Trump had long intended on running for reelection on a turbocharged economy, but his plan was upended by the pandemic. After weeks of grim economic news, he seized Friday on the new jobs numbers used a hastily-called press conference
Politics Add to list Sen. Cotton rallies conservatives and raises national profile as op-ed on military intervention causes uproar
The Arkansas Republican has been minted as a political up-and-comer since he entered Congress in 2013, yet he cemented his status as a hero on the right when an op-ed he authored for the New York Times on using the military to deter looting and violent unrest amid the demonstrations provoked an unusual public furor among its journalists, who called it inflammatory.
House passes bill to ease access to small-business loans in pandemic, but impasse with Senate remains
The bill Rubio is pushing in the Senate extends the rehiring deadline for 16 weeks instead of 24. His office highlighted several objections to the House bill, including the provision that would make it easier for businesses to get loan forgiveness even without rehiring workers.
Ku Klux Klan Leader Drives into Peaceful Protest
A self-identified leader in the Ku Klux Klan was arrested after driving through peaceful protesters in Richmond late Sunday afternoon, prosecutors said. He was charged with assault and battery, attempted malicious wounding and destruction of property with intent.
Blaming ‘Outside Agitators’ Is a Centuries-Old Ploy
Young people of color have been at the forefront of these protests from the outset.
Blaming ‘Outside Agitators’ Is a Centuries-Old Ploy
I have also seen white gangs wandering the streets armed with baseball bats and golf clubs, threatening protesters and assaulting a local NPR radio producer. What I haven’t seen are outside agitators, much less antifa.