The domestic textiles industry has hailed the award of government contracts to Parkdale Mills and Ferrara Manufacturing Inc. to buy as many as 22.2 million masks made in the U.S. The contracts, unveiled in late March, are the latest chapter in the Biden administration’s stated goal to prioritize domestic manufacturing as local production recovers from the still ongoing COVID-19 pandemic. […]
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(CNN)Republicans in key electoral states continue to advance bills to clamp down on ballot access, even as voting and civil rights groups move to challenge new voting restrictions in the battleground state of Georgia. Arizona, Texas, Michigan and Florida are among the states where lawmakers are pushing restrictions, many of them citing former President Donald Trump’s false claims of election […]
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(This April 1 story fixes typo in 10th graph)U.S. President Joe Biden is flanked by Secretary of State Antony Blinken and Defense Secretary Lloyd Austin as he holds a Cabinet meeting in the East Room at the White House in Washington, U.S., April 1, 2021. REUTERS/Tom BrennerWASHINGTON (Reuters) – Joe Biden will almost certainly be the last U.S. president born […]
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Financial planner Mari Adam says you should take a personalized approach to saving for retirement. Your contributions will depend on your financial needs, when you start, and when you want to retire. Decide how much you’ll need, how much you already have, and then build a roadmap for the rest. Visit Personal Finance Insider for more stories. When it comes […]
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The March jobs report showed big monthly gains in some industries, including leisure and hospitality. However, some industries are still far below pre-pandemic employment. This includes accommodation and motion picture and sound recording. See more stories on Insider’s business page. Despite the postive jobs report from the Bureau of Labor Statistics on Friday, some industries are still far below their […]
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Hulu’s documentary “WeWork: Or the Making and Breaking of a $47 Billion Unicorn” debuted on April 2. It follows the rise and fall of co-working space WeWork and its eccentric founder, Adam Neumann. Here are 4 noteworthy details the film revealed about WeWork’s cult-like work environment. See more stories on Insider’s business page. A damning new documentary about WeWork is […]
Read moreBy David Shepardson WASHINGTON (Reuters) – The U.S. Centers for Disease Control and Prevention on Friday said fully vaccinated people can safely travel at "low risk" after the agency had held off for weeks on revising guidance that discouraged all non-essential trips. The announcement lifting the agency's guidance that all Americans should avoid non-essential travel should be a shot in […]
Read moreREUTERS/Rick Wilking/File Photo Archegos' use of financial derivatives helped it to increase its leverage that triggered a $20 billion liquidation and rattled financial markets. 18 years ago, Warren Buffett warned that derivatives are "financial weapons of mass destruction." In a 2002 Berkshire report, Buffett said derivatives were expanding "unchecked" and governments had no way to control or monitor the extreme […]
Read moreAsian stock markets are higher on Monday, following broadly positive cues from Wall Street on Friday, with US equities closing at fresh all time highs last week, as investors are upbeat on a global economy recovery that is expected to deliver the fastest economic growth since 1984 amid recent strong data out of the U.S and higher crude oil prices. […]
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