World

‘Scooby-Doo’ co-creator was 87 – Deadline

Animator en Scooby Doo co-creator Joe Ruby has died. The co-founder of production company Ruby-Spears died Wednesday in Westlake Village, CA. He was 87. A rep for Ruby told Deadline that the animator died of natural causes after years of dealing with health issues. The animator, who collaborated with Ken …

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The Fed’s new policy will compound its mistakes

Fed renews long-term strategy Today, the Fed released an update on its long-term monetary policy goals. On maximum employment, the FOMC emphasizes that maximum employment is a broad and inclusive goal and reports that its policy decision will be informed by its “assessments of the employment deficit from its maximum …

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US economy plunges 31.7% annually in second quarter

The U.S. economy shrank in April-June with an alarming annual rate of 31.7% as it struggled under the weight of the viral pandemic, the government estimated Thursday. It was the sharpest four-year drop on record. The Department of Commerce downgraded its previous estimate of U.S. gross domestic product last quarter, …

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