Trump ‘will accept the results of a free and fair election,’ White House says, without addressing the president’s earlier refusal.

Kayleigh McEnany, the White House press secretary, told reporters on Thursday that President Trump “will accept the results of a free and fair election,” downplaying his refusal the day before to commit to a peaceful transfer of power without categorically stating whether he would accept the results. “He will accept the will of the American people,” she added. During a […]

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Will Water Futures Become a Hot Commodity?

Many types of futures contracts trade around commodities. While water is the source of life, no futures contract really allows for trading in and hedging of water prices. That will change in the coming months. A key question that needs to be addressed is whether having water futures will allow for true hedging by the end users, or whether it […]

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Will audiences go back to movie theaters after the pandemic ends?

New York (CNN Business)For American theaters, “Tenet” was supposed to be the film that brought audiences back to the movies. There was just one problem: “Tenet” opened, and hardly anyone showed up. Warner Bros.’ new Christopher Nolan spy thriller has made roughly $30 million domestically since opening in North America two weeks ago. That includes two pretty lackluster weekends where […]

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Old Navy will pay employees to work the polls on Election Day

Old Navy is offering to pay its employees a full day’s rate to volunteer as poll workers on Election Day in November, the company announced Tuesday. It’s a move that comes amid alarming reports of a looming nationwide shortage of poll workers, who are typically elderly and retired people — a population that this year are at increased risk of […]

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Will Americans get a second $1,200 stimulus check? What we know

Mnuchin on stimulus negotiations: ‘We didn’t make any progress today’ Treasury Secretary Steven Mnuchin and President Trump’s chief of staff Mark Meadows discuss the Capitol Hill meeting between Democratic leaders and White House negotiators, and Mnuchin says he will recommend Trump move ahead on some sort of executive orders including rental evictions and college loans. The fate of a second […]

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Will Jeff Bezos Pay the US Government $71 Billion? No

Three U.S. Senators believe Jeff Bezos, founder of Amazon.com Inc. (NASDAQ: AMZN) and owner of the Washington Post, has too much money. They want to impose a tax that would make him pay the federal government $71.3 billion. The tax also would hit three other billionaires hard. They would be taxed on 60% of their income from March 18, 2020, […]

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Walmart announces it will close all stores for Thanksgiving Day

Walmart said it will close all of its stores on Thanksgiving Day — a big pivot from its usual practice of kicking off Black Friday doorbuster sales during the storied US holiday. This year’s closures, which will fall on Nov. 26, will affect all of the company’s Walmart and Sam’s Club stores, the company said in a Tuesday statement. “We […]

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Second stimulus check will be smaller, targeted toward lower-income and jobless Americans: Larry Kudlow

Stimulus phase 4? Peter Navarro reveals White House strategy for the next package Peter Navarro, White House Trade Adviser, addresses confusion over whether there will be another round of stimulus While President Trump has advocated for additional stimulus payment amounts that are larger than the first round, an administration official on Friday told reporters the checks may end up being […]

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