Investors seeking safe place for money

Coronavirus is shaking up the market.

Latest Stories

  • Maryland Democrat Jamie Raskin turns from his son's funeral to managing Trump's impeachment

    Maryland Democratic Rep. Jamie Raskin was grieving on the morning of Jan. 6, having just experienced the most painful of tragedies: burying his 25 year-old-son, Tommy, a gifted student at Harvard Law School, who had taken his own life on New Year’s Eve after a bout of deep depression. Raskin was insistent. “We wanted to be together,” Raskin said in an interview on the Yahoo News “Skullduggery” podcast.

  • Biden and Boris to 'decide destiny of the world' as they bury hatchet over double visit to the UK

    Joe Biden believes a patched-up relationship with Boris Johnson will help to decide the "destiny of the world" as the president-elect is set to head to the UK for his first foreign visit outside of North America, sources have told the Telegraph. A close friend of Mr Biden said the leaders will bury differences over Brexit as British officials said they expected the UK to be one of the first foreign destinations, in what would be a major diplomatic coup for Mr Johnson. Mr Biden is due to be sworn in on Wednesday. Sources who would be closely involved in any visit have circled the G7 summit in June, hosted in the UK, as the potential date for the new president’s trip across the Atlantic. Mr Biden opposed Brexit, and feels strong loyalties to his ancestral home in Ireland. He warned repeatedly last year, including directly to Mr Johnson, that the Good Friday Agreement must not become a "casualty of Brexit". But a friend of Mr Biden told The Telegraph: "Boris is a conservative, Joe's a moderate [Democrat] so I think they can get over it. I think they'll end up getting along. "Joe's view will be that they'll have the destiny of the world on their shoulders so he'll want to overcome any political differences. "I think there'll be more empathy than there was between Boris and Donald Trump. Boris seemed to get along with Trump, but I don't know if he really did."

  • House arrest plan for invader of Pelosi's office halted

    A federal judge in Washington on Friday night halted a plan to release and put on house arrest the Arkansas man photographed sitting at a desk in House Speaker Nancy Pelosi's office during last week's riot at the U.S. Capitol. Richard Barnett will instead be brought to Washington, D.C., immediately for proceedings in his case, Chief U.S. District Judge Beryl Howell ordered Friday night, staying a decision by another judge to confine Barnett to his home in Gravette, Arkansas, until his trial. Howell's ruling came hours after U.S. Magistrate Judge Erin Wiedemann in Arkansas set a $5,000 bond for Barnett and ordered that a GPS monitor track his location.

  • Rand Paul Warns One-Third of Republicans Will Leave Party if GOP Senators Back Impeachment

    Senator Rand Paul (R., Ky.) warned Friday that one-third of Republican voters could leave the party if GOP senators vote in impeachment proceedings to convict President Trump. Paul made the comments in an interview on Fox News’ The Ingraham Angle. The senator’s remarks come amid an increasing divide between congressional Republicans who oppose impeaching the president and a smaller number who support the measure following the riots at the Capitol on January 6. Senate Majority Leader Mitch McConnell (R., Ky.) is reportedly hopeful that Republicans can use impeachment to purge Trump from the GOP, although he would need the support of at least 16 additional Republican senators to vote to convict. “Look, I didn’t agree with the [Capitol] fight that happened last week, and I voted against overturning the election, but at the same time, the impeachment is a wrongheaded, partisan notion, [and] if Republicans go along with it, it’ll destroy the party,” Paul said during the interview. “A third of the Republicans will leave the party,” Paul continued. “This isn’t about, anymore, the Electoral College, this is about the future of the party, and whether you’re going to ostracize and excommunicate President Trump from the party. Well, guess what? Millions of his fans will leave as well.” While a majority of Americans believe Trump should be removed from office immediately, just 17 percent of Republicans support expelling Trump from the presidency, according to an Axios–Ipsos poll released on Thursday. Support for Trump among Republicans has fallen since the Capitol riots; however, 60 percent believe the party should continue to follow Trump once he leaves office, an ABC News/Washington Post poll found.

  • MAGA protester punched by Black woman security guard fired by UMass Hospital

    The white woman caught on tape getting into a physical altercation with a Black female security guard the evening before the Capitol riots lost her job at UMass Hospital. The termination occurred after her daughter went viral for exposing her identity on social media. On January 5th, Therese Duke and a group of pro-Trump protesters that included other family members were filmed harassing Ashanti Smith, a security guard working at Black Lives Matter Plaza in Washington D.C.

  • Fort Bliss Soldier Charged with Raping Fellow Soldier a Year Before Her New Year's Eve Death

    A 1st Armored Division soldier at Fort Bliss, Texas has been charged with sexually assaulting three women over the past year, including a fellow soldier who was found dead a year on New Year's Eve.

  • Trump reportedly began 'choreographing' premature victory speech weeks before election

    President Trump is known for going off script, but his premature presidential election victory declaration in the early hours of the morning on Nov. 4 wasn't a completely spur-of-the-moment decision, Axios' Jonathan Swan reports.In the first installment of a reported series on Trump's final two months in office, Swan writes that Trump began "choreographing election night in earnest" during the second week of October following a "toxic" debate with President-elect Joe Biden on Sept. 29 and a bout with COVID-19 that led to his hospitalization. At that point, Trump's internal poll numbers had reportedly taken a tumble, Swan notes.With that in mind, he reportedly called his first White House chief of staff, a stunned Reince Priebus, and "acted out his script, including walking up to a podium and prematurely declaring victory on election night if it looked like he was ahead." Indeed, in the lead up to Election Day, Trump reportedly kept his focus on the so-called "red mirage," the early vote counts that would show many swing states leaning red because mail-in ballots had yet to be counted. Trump, Swan reports, intended to "weaponize it for his vast base of followers," who would go to bed thinking he had secured a second-term, likely planting the seeds of a stolen election. Read more at Axios. > As I've been writing, the plan was to steal the election all along. Fantastic reporting here. https://t.co/k8C73o8vH7> > -- Jonah Goldberg (@JonahDispatch) January 16, 2021More stories from theweek.com 5 more scathing cartoons about Trump's 2nd impeachment GOP officials are reportedly worried controversial pro-Trump House members could run for Senate, governor Here's what Biden reportedly plans to do his 1st day in office

  • Trump administration accused of deception in pledging release of vaccine stockpile

    The governors of several states accused the Trump administration on Friday of deception in pledging to immediately distribute millions of COVID-19 vaccine doses from a stockpile that the U.S. health secretary has since acknowledged does not exist. Confusion over a vaccine supply windfall that was promised to governors but failed to materialize arose as scattered shortages emerged on the frontlines of the most ambitious and complex immunization campaign in U.S. history, prompting at least one large New York healthcare system to cancel a slew of inoculation appointments. Just 10.6 million Americans have received a shot since federal regulators last month granted emergency approval to two vaccines, one from Pfizer Inc and BioNTech and a second from Moderna Inc, the Centers of Disease Control and Prevention (CDC) reported.

  • Aide to Lauren Boebert resigns following Capitol riots

    ‘Following the events of January 6th, I’ve decided to part ways with the office,’ said comms director Ben Goldey

  • China reports ice cream contaminated with coronavirus

    The coronavirus was found on ice cream produced in eastern China, prompting a recall of cartons from the same batch, according to the government. The Daqiaodao Food Co., Ltd. in Tianjin, adjacent to Beijing, was sealed and its employees were being tested for the coronavirus, a city government statement said. There was no indication anyone had contracted the virus from the ice cream. Most of the 29,000 cartons in the batch had yet to be sold, the government said. It said 390 sold in Tianjin were being tracked down and authorities elsewhere were notified of sales to their areas. The ingredients included New Zealand milk powder and whey powder from Ukraine, the government said. The Chinese government has suggested the disease, first detected in the central city of Wuhan in late 2019, came from abroad and has highlighted what it says are discoveries of the coronavirus on imported fish and other food, though foreign scientists are skeptical. Chinese officials have blamed cluster outbreaks on frozen food products imported from countries including the US, EU, New Zealand, Canada, India, Germany and Ecuador. The World Health Organisation has said that cases of live viruses being found on packaging appeared to be “rare and isolated". Other health experts have cautioned against drawing causal links between food packaging and outbreaks – finding traces of virus indicates it is present on a surface, but does not mean it can cause infections. The report came as China confirmed 109 new Covid-19 cases, two-thirds of them in a northern province that abuts Beijing, and no deaths. There were 72 new cases in Hebei province, where the government is building isolation hospitals with a total of 9,500 rooms to combat an upsurge in infections, according to the National Health Commission. The Health Commission on Saturday blamed the new infections on travellers and imported goods it said brought the virus from abroad. China's death toll stands at 4,653 out of 88,227 total cases.

  • Pew: Biden to start presidency with strong performance ratings

    Joe Biden will start his presidency next week with relatively strong performance ratings, according to a Pew Research Center survey. On the other hand: President Trump will leave the the White House with his lowest approval rating ever. Support safe, smart, sane journalism. Sign up for Axios Newsletters here. By the numbers: On Biden: * 64% of voters expressed a positive opinion of Biden's conduct since he won the November election, Pew found. * 58% of Americans approve of the job Biden has done in explaining his plans and policies. That compares to: * 39% of Americans who said they approved of how Trump explained his plans ahead of his inauguration in 2017. * 70% of people who said in January 2009 they approved of how former President Barack Obama explained his plans as president-elect. * 50% of Americans who said in January 2001 that they approved of how George W. Bush explained his plans. * 64% of Americans who said in January 1993 they approved of how Bill Clinton explained his plans. * 57% of Americans approve of Biden's Cabinet choices and other high-level appointments. On Trump: * 29% of Americans approve of Trump's job performance — the lowest approval rating of his presidency. * Pew notes that much of the decline has come among Republicans and GOP leaners. About 60% of Republicans currently approve of Trump's job performance, down from 77% in August. * 76% of American voters said they would rate Trump's conduct since the election as fair or poor, up from 68% in November. * 68% said Trump should not remain a political figure for years to come; 29% say he should. * 52% said Trump bears "a lot" of responsibility for the violence at the U.S. Capitol. * 81% of Democrats say he bears "a lot" of responsibility, while only 18% of Republicans said so. * 46% of Republicans say he bears no responsibility for the violence.Go deeper: GOP voters choose Trump — againPew methodology: The research center "surveyed 5,360 U.S. adults in January 2021. Everyone who took part in this survey is a member of Pew Research Center’s American Trends Panel (ATP), an online survey panel that is recruited through national, random sampling of residential addresses. The survey is weighted to be representative of the U.S. adult population by gender, race, ethnicity, partisan affiliation, education and other categories. Read more about the ATP’s methodology."Get smarter, faster with the news CEOs, entrepreneurs and top politicians read. Sign up for Axios Newsletters here.

  • Pfizer temporarily reduces COVID vaccine deliveries to Europe

    Pfizer will temporarily reduce its deliveries to Europe of its vaccine against COVID-19 while it upgrades its production capacity, the company and the Norwegian Institute of Public Health (FHI) said on Friday. The reduction in deliveries is due to Pfizer limiting output so that it can upgrade production capacity to 2 billion vaccine doses per year from 1.3 billion currently, the FHI said. "It is as yet not precisely clear how long time it will take before Pfizer is up to maximum production capacity again."

  • White veteran charged in shooting Black girl at Trump rally

    A white military veteran shot and wounded a 15-year-old girl when he fired his gun into a car carrying four Black teens during a tense confrontation at a Trump rally near the Iowa Capitol last month.

  • More Inside Artist Jorge Pardo's Transformed Bushwick Carriage House

    When it came to the lighting in his home, Pardo drew inspiration from the insides of fruits, nuts, and seeds, as well as sea creatures and machine parts.Originally Appeared on Architectural Digest

  • Photojournalist who made famed Vietnam War image attacked

    The Pulitzer Prize-winner had received the National Medal of Arts at the White House the day before.

  • Wuhan lab staff were first victims of coronavirus, says US

    The US claimed on Saturday that staff at a Chinese virology laboratory became sick with a Covid-like illness in autumn 2019, months before the coronavirus spread widely from Wuhan. In a long-awaited document from the state department, the Trump administration called for an investigation as it published dubious accusations that a possible "laboratory accident" at the Wuhan Institute of Virology (WIV) may be the source of the global pandemic. The claims were dismissed by analysts who insist the disease came from a naturally occurring event. In a statement late on Friday claiming to reveal "undisclosed information", the state department said it "has reason to believe that several researchers inside the WIV became sick in autumn 2019, before the first identified case, with symptoms consistent with both Covid-19 and common seasonal illnesses." The statement also said that the lab had been carrying out research on a bat coronavirus similar to the Sars-CoV-2 strain that spread globally and that the lab had collaborated with China's military on publications and secret projects. Some experts were nonplussed by the announcement. "Zero details given," noted Kristian Andersen, an immunologist at Scripps Research, rating the statement as "an F". The fact that Wuhan was home to the world's leading coronavirus research facility before it became known as ground zero for the pandemic has led to speculation that the virus could have originated in the lab.

  • Morocco Jews 'already packing' for direct Israel flights

    Fanny Mergui has no doubt: Moroccan Jews "are already packing their suitcases" to board direct flights to Israel after the kingdom normalised ties with the Jewish state.

  • Trump's team is reportedly trying to assemble a crowd for a 'major send-off' hours before Biden's inauguration

    President Trump is planning to exit the White House on the morning of Jan. 20, a few hours before President-elect Joe Biden is sworn in a short distance away, CNN reports. "Eager for a final taste of the pomp of being president, Trump has asked for a major send-off," and "as one of their final acts, Trump's team is working to organize a crowd to see him off on the morning of Biden's inauguration, when he plans to depart Washington while still president" for a flight to Palm Beach, Florida, where his term will officially end at noon.There are 20,000 National Guard troops currently deployed or en route to Washington, D.C., ahead of Biden's inauguration, because the last crowd Trump drew to the White House morphed into an insurrectionist mob that stormed the Capitol.Plans are still being ironed out, CNN says, but "Trump told people he did not like the idea of departing Washington for a final time as an ex-president, flying aboard an airplane no longer known as Air Force One. He also did not particularly like the thought of requesting the use of the plane from Biden." The Bidens will wake up on Inauguration Day at nearby Blair House, CNN reports, adding that "its use was offered to them by the State Department rather than the Trumps, who refuse to make contact with the incoming president and first lady.""Trump has expressed interest to some in a military-style sendoff and a crowd of supporters," CNN says, but it's unclear "whether that occurs at the White House, Joint Base Andrews, or his final destination, Palm Beach International Airport."Outgoing U.S. presidents almost always attend the swearing-in of their successors, Defense One notes, and "in recent decades, the outgoing president and first lady walk down the back steps of the Capitol to an awaiting helicopter, which then makes the short five-minute flight over to Joint Base Andrews in nearby Maryland. Upon arriving at Andrews, the former president and first lady are usually greeted by a military honor guard, former staffers, friends, and other well wishers." Two senior Pentagon officials confirmed to Defense One on Thursday that, in a break with recent tradition, no military farewell is being planned for Trump.More stories from theweek.com 5 more scathing cartoons about Trump's 2nd impeachment Trump reportedly began 'choreographing' premature victory speech weeks before election GOP officials are reportedly worried controversial pro-Trump House members could run for Senate, governor

  • Rep. Lou Correa tests positive for COVID-19

    Rep. Lou Correa (D-Calif.) announced on Saturday that he has tested positive for the coronavirus.Why it matters: Correa is the latest Democratic lawmaker to share his positive test results after sheltering with maskless colleagues during last week's deadly Capitol riot. But he did not specify whether his diagnosis was connected to the siege.Be smart: sign up FREE for the most influential newsletter in America.What they're saying: "Yesterday, I tested positive for COVID-19. I will be responsible & self-quarantine, away from my family, for the recommended time," Correa tweeted. * "While I’ll miss the much-anticipated inauguration of President-elect Joe Biden, I look forward to working with the new Admin to unite our country!"The U.S. Capitol's attending physician reportedly warned lawmakers last week that they may have been exposed to someone with a coronavirus infection as they hid from a pro-Trump mob breaching the building on Wednesday.The big picture: At least three Democratic lawmakers have announced they've tested positive for COVID-19 after locking down during the Jan. 6 riot.Support safe, smart, sane journalism. Sign up for Axios Newsletters here.

  • 68 officials push for probe of congresswoman who tweeted lawmaker locations during riot

    68 elected officials from Colorado have sent a letter to lawmakers requesting a probe into Rep. Lauren Boebert’s actions before and during the day of the deadly riot at the U.S. Capitol, according to multiple reports. The letter was addressed to House Speaker Nancy Pelosi, Steny Hoyer and Kevin McCarthy.