United States President Donald Trump wears a mask when he visits the Walter Reed National Military Medical Center in Bethesda, Maryland on July 11, 2020. Alex Edelman | AFP | fake pictures While most of the world has become accustomed to wearing face masks as a measure of protection against …
Read More »Weekly demand for mortgages from home buyers increases more, 19% annually
As temperatures soar this summer, demand from home buyers is increasing. Add that to an already strong refinance market, and the total volume of mortgage applications increased 4.1% last week from the previous week, according to the Association of Mortgage Bankers. Helping to fuel demand, mortgage rates hovered near a …
Read More »US government turns to Pfizer to produce millions of doses of coronavirus vaccine
The United States will pay $ 1.95 billion for Pfizer to produce and deliver 100 million doses of its candidate vaccine Covid-19 in the US if proven to be safe and effective in humans, the government announced Wednesday. Under the agreement, the United States can purchase an additional 500 million …
Read More »United States Orders China to Close Consulate in Houston, Texas
Chinese and American national flags wave at the entrance to a company office building in Beijing. Wang Zhao | AFP | fake pictures The U.S. State Department confirmed Wednesday that it had ordered China to close its consulate in Houston, Texas, prompting Beijing to insist on firm countermeasures unless Washington …
Read More »The economic blow will be there for a long time, says Raghuram Rajan.
While markets reacted positively this week to promising news of possible developing coronavirus vaccines, a leading economist warned that the economic impact of the pandemic will be here for a long time. A large number of small businesses that closed in March when restrictions on social movements went into effect …
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