Yi Gang, President of the People’s Bank of China. Wang Zhao/AFP/Getty Images The Chinese yuan fell Monday as Beijing initiated a second interest rate hike in two weeks. The yuan sunk to a two year low on the news. China is taking strong action to reactivate credit activity and investment in the country. China’s yuan…
Monthly Archives: August 2022
Arizona House Speaker Rusty Bowers arrives to testify before the January 6 committee in Washington, DC on June 21, 2022. AP Photo/Patrick Semansky Rusty Bowers calls state legislatures overturning elections “fascist” and “hogwash.” “That the legislature could nullify your election, that’s not conservative. That’s fascist,” Bowers told the Guardian. The outgoing Arizona House Speaker stood…
Kelly Marohl. Courtesy of Kelly Marohl Kelly Marohl started renting out her property in Ocean City, Maryland, on Airbnb and Vrbo in 2021. She likes Airbnb better because of the app and the fact that she gets more bookings there. Here’s her story, as told to writer Robin Madell. This as-told-to essay is based on…
U.S. Education Secretary Miguel Cardona delivers remarks at the department’s Lyndon Baines Johnson Building on January 27, 2022 in Washington, DC. Cardona laid out the department’s priorities almost one year after being sworn in as head of the $64 billion agency. Chip Somodevilla/Getty Images Student-loan payments are set to resume in ten days. Education Sec….
People at an election watch party for Value Them Both, a group in favor of a constitutional amendment removing abortion protections from the Kansas constitution, Tuesday, Aug. 2, 2022. Charlie Riedel/AP Photo A recount of Kansas’ landslide abortion vote left the result unchanged on Sunday. A GOP anti-abortion activist and an election denier are now…
Chipotle Mexican Grill, Inc. Chipotle’s limited edition “Water” Cup Candle, released on August 18, is sold out online. The candle was inspired by customers who fill their free water cups with other drinks like lemonade. Resellers on Ebay are listing the originally $28 candle for up to $90. Chipotle’s lemon-scented “Water” Cup Candle is sold…
Rep. Brendan Boyle, D-Pa., speaks alongside Rep. Pramila Jayapal, D-Wash., during a news conference on Capitol Hill on March 1, 2021. AP Photo/Susan Walsh Rep. Brendan Boyle told The Hill he admired Cheney, but said a potential WH bid could boost Trump. “She’s sacrificed her congressional career to stand up to Trump,” Boyle said of…
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A Ukrainian pilot exits a MiG-29 at an airbase near Kyiv on November 23, 2016. Danil Shamkin/NurPhoto via Getty Images US officials have confirmed that the AGM-88 has been integrated on Ukrainian MiGs. The missile is meant to enhance Ukraine’s ability to suppress and destroy Russian air defenses. The United States announced another security assistance…
Michael M. Santiago/Getty The stock market is likely to flash a technical sell signal that could lead to more downside ahead, according to Fairlead Strategies.A loss of momentum in stocks means the S&P 500 could fall 7% to its 50-day moving average, Fairlead’s Katie Stockton said.“If these indications unfold at today’s close, we would see…