The latest on the Russia–Ukraine crisis, April 20. Click here for updates from April 19. Russia Now Controls 80 Percent of Luhansk Region The Luhansk governor said Russian forces now control 80 percent of the region, which is one of two regions that make up the Donbas in eastern Ukraine. One of Russia’s stated goals…
LIVE UPDATES: Russia Claims Mariupol Captured; Putin Opts to Blockade, Not Storm Mariupol Steel Plant
The latest on the Russia–Ukraine crisis, April 20. Click here for updates from April 19. Russia Claims Mariupol Captured; Putin Opts to Blockade, Not Storm Mariupol Steel Plant Russian forces have fully captured the key Donbass Black Sea port-city of Mariupol, Defense Minister Sergey Shoigu told President Vladimir Putin on Thursday. However, more than 2,000 Ukrainian…
LIVE UPDATES: Russia Says Mariupol Captured; Putin Opts to Blockade, Not Storm Mariupol Steel Plant
The latest on the Russia–Ukraine crisis, April 20. Click here for updates from April 19. Russia Says Mariupol Captured; Putin Opts to Blockade, Not Storm Mariupol Steel Plant Russian forces have fully captured the key Donbass Black Sea port-city of Mariupol, Defense Minister Sergey Shoigu told President Vladimir Putin on Thursday. However, more than 2,000 Ukrainian…
Fannie May Predicts US Economy to Experience ‘Modest’ Recession by 2023
April 20, 2022
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Business & Economyeconomic policieseconomyFannie Maeinflationreal estaterecessionUncategorizedUSUS Real Estate
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The Federal Reserve’s raising of interest rates will likely slow an economy already burdened by high inflation, a pandemic, and a crisis caused by the Russian invasion of Ukraine, according to an April 19 press release by Fannie Mae’s Economic and Strategic Research (ESR) Group. The aggressive new monetary policy by the central bank is already hindering…
Fannie Mae Predicts US Economy to Experience ‘Modest’ Recession by 2023
April 20, 2022
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Business & Economyeconomic policieseconomyFannie Maeinflationreal estaterecessionUncategorizedUSUS Real Estate
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The Federal Reserve’s raising of interest rates will likely slow an economy already burdened by high inflation, a pandemic, and a crisis caused by the Russian invasion of Ukraine, according to an April 19 press release by Fannie Mae’s Economic and Strategic Research (ESR) Group. The aggressive new monetary policy by the central bank is already hindering…
Pressure Mounts on Twitter’s Board as Elon Musk Hints at Potential Tender Offer
April 20, 2022
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Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesElon MuskFeatured TopicsFloridaLocal NewsMedia & Big TechRegional-Local NewsSocial MediaTechtender offerTwitterUSUS News
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Ownership contest for Twitter has devolved into a chess game after the company’s board last week adopted a poison pill to thwart an unwelcome takeover attempt by the world’s richest man, Elon Musk. Many people around the world, including the company’s stockholders, are now eagerly awaiting the billionaire’s next move. Musk on Tuesday posted a mysterious…
America’s Sticky Inflation
Commentary Inflation has become the number one economic issue of the day and will weigh heavily in the coming midterm elections. All available polls show both the extent of voter concern and that they hold the White House and congressional leadership responsible. Neither the inflation nor voter attitudes will likely change by November, for today’s…
Florida Senate Passes Bill Revoking Disney of Special Self-Governing Power
The Florida Senate on Wednesday passed a bill that would remove the special tax district and self-governing status that was granted to Disney as lawmakers have criticized the company for opposing a parental rights bill. The chamber, which was called into a special session by Gov. Ron DeSantis, passed the bill in a 23–16 vote…
Florida Senate Passes Bill Revoking Disney’s Special Self-Governing Power
The Florida Senate passed legislation on April 20 that would remove the special tax district and self-governing status that was granted to Disney as lawmakers have criticized the company for opposing a parental rights bill. The chamber, which was called into a special session by Florida Gov. Ron DeSantis, passed the bill in a 23–16…
US Mortgage Applications Decline as Interest Rates Hit 12-Year High
April 20, 2022
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Business & Economyeconomic policieseconomyinflationmortgage applicationmortgage ratesreal estateu.s. real estateUS Real Estate
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Mortgage applications in the United States fell for the sixth straight week as mortgage rates rose to a 12-year high, causing home purchases and refinancing applications to fall, according to the latest survey by the Mortgage Bankers Association (MBA) on April 20. The Market Composite Index (MCI), a measure of mortgage loan application volume, showed a 5…
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