NEWS - THURSDAY, NOVEMBER 26, 2020 - NEWS
Although unemployment rates in Nevada have recently decreased, the number of people without jobs in September was 134,756 higher than a year earlier. LA Times
VOA VIEW: Blame the Dems.
Investigators focused on a sale of at least $1 million of stock in Cardlytics, a financial firm whose board the senator once sat on. They closed the case this summer without charges. New York Times
President Donald Trump told Pennsylvania lawmakers on Wednesday that the election was a "fraud".
VOA VIEW: Fraud was clear.
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While the president-elect said he wouldn't pursue legal action against Donald Trump, the president still faces several serious legal challenges.
VOA VIEW: Biden speaks with fork tongue.
A spike in new unemployment claims has prompted the Louisiana Workforce Commission to investigate what it describes as potentially fraudulent activity, officials said Wednesday. The commission, in a news release, said more than 32,000 claims are being “rigorously reviewed for validity” and the agency ... Washington Times
The number is evidence that the U.S. economy and job market remain under strain. ABC
VOA VIEW: Biden potential win is the major problem.
Xi expressed hope for “win-win cooperation" amid conflicts over trade and more. ABC
VOA VIEW: Biden is bought and paid for by China.
With coronavirus cases spiking in the U.S. and Europe, the financial outlook of the world's airlines is getting worse ABC
A terrible year for restaurant owners is now even tougher, as pandemic restrictions threaten to spoil the holidays. CBS
VOA VIEW: There are stupid times.
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Cutting the nutrition aid for more than 8,000 poor seniors on January 1 would be "catastrophic," lawmakers say. CBS
VOA VIEW: Biden is for free rides and broke nation.
The president-elect said talks are already underway, after the GSA gave the green light. CBS
President-elect Joe Biden and his foreign policy and national security picks vow to bring America back as the former vice president rolls out his key nominees. CBS
VOA VIEW: Foolish promises.
"I mean, frankly we probably should have done this sooner," Dr. Scott Gottlieb, the former U.S. Food and Drug Administration commissioner, told CNBC. CNBC
VOA VIEW: What is next - no one knows.
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Gold prices have numerous catalysts ahead, GraniteShares CEO Will Rhind says following Citigroup's new bullish target of $2,500 an ounce by 2021. CNBC
President-elect Joe Biden appeared to pour cold water on the idea of nominating Sens. Elizabeth Warren or Bernie Sanders to his Cabinet, suggesting he would instead like to keep them in the US Senate to help him carry out a progressive agenda. CNN
VOA VIEW: The losers are going to lose.
An area of low pressure moving into the Mississippi Valley will bring some rain and thunderstorms, some of which could reach severe limits with the risk of strong winds and hail. FOX News
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Republican Sen. David Perdue on Tuesday invited New York Rep. Alexandria Ocasio-Cortez to come down to Georgia and campaign for his Democratic opponent. FOX News
VOA VIEW: It would be good for Republicans if she did.
Seattle's crime increase will only get worse if the city's leadership continues to hamstring its police force, Seattle Police Officers Guild president Mike Solan told Fox News Wednesday. FOX News
VOA VIEW: Seattle leader have lost their minds, if they had any.
Multnomah County District Attorney Mike Schmidt praised the county Democratic Party Tuesday for passing a resolution supporting his decision not to prosecute certain protesters involved in nightly demonstrations that have played out in Portland over several months. FOX News
At least 30 gyms and fitness studios in Philadelphia are demanding that the city allows them to stay open in order to keep their businesses alive during the coronavirus pandemic. FOX News
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President Donald Trump on Wednesday pardoned his former national security adviser, Michael Flynn, who previously pleaded guilty to lying to the FBI during its investigation into the 2016 presidential election. UPI
Delta Air Lines pilots on Wednesday approved a labor agreement in an attempt to fend off furloughs next year by reducing their hours. UPI
Close to 800,000 U.S. workers have filed new unemployment claims, the Labor Department said in its weekly report on Wednesday. UPI
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Federal regulators have given emergency authorization for a new type of COVID-19 antibody test that can precisely assess human levels of immunity, developers said Wednesday. UPI
Mortgage applications in the United States have risen by 4% as interest rates continue to set new lows, an industry report said Wednesday. UPI
Americans over the past month have increased the amount of money they expect to spend on holiday shopping this year, Gallup said in a survey Wednesday. UPI
VOA VIEW: It will be a bad holiday season.
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Biden would like to get some credit for the vaccine. President-elect Joe Biden’s transition team has been briefed on America’s response to the Covid-19 pandemic, Health and Human Services Secretary Alex Azar told reporters Tuesday. Azar said that on Monday evening Rear Adm. Erica Schwartz, the official leading the transition planning effort, briefed the Biden team on Operation Warp Speed, which aims to get a coronavirus vaccine to the public in record time.
“We are immediately getting them all of the pre-prepared transition briefing materials,” Azar said. “We will ensure coordinated briefings with them to ensure they’re getting whatever information that they feel they need,” Azar said, adding that the “transition planning and execution will be professional, cooperative and collaborative.” The Biden transition team did not immediately respond to CNBC’s request for comment.
The move ends weeks of delays in the formal handover of power from President Donald Trump to the Biden administration in the wake of the U.S. presidential election. Trump has not conceded the election to Biden. The U.S. is grappling with a dramatic resurgence of coronavirus cases as major holidays approach. Thus far, the nation has recorded at least 257,991 Covid-19 related deaths, according to data compiled by Johns Hopkins University. The Trump administration has been criticized as not doing enough to control the spread of the deadly disease.