Amazon.com and Apple have just reported their financial results for the quarter ending June 30, 2020; Net sales for Amazon totaled $88.9 billion in the quarter, and net sales for Apple totaled $59.7 billion, just shy of $150 billion combined. Amazon CEO Jeff Bezos calls it a “highly unusual quarter”…
U.S. Q2 GDP Drops 32.9% as 1.4 Million People File for Unemployment Last Week
July 30, 2020
Gross domestic product (GDP) for the United States decreased “at an annual rate” of 32.9 percent in the second quarter of 2020, the Bureau of Economic Analysis reported today. GDP and other key economic indicators are often presented “at an annual rate”, or annualized, using a formula designed to make comparisons…
Oregon Governor says Federal Law Enforcement Agrees to ‘Phased Withdrawal’ from Portland, DHS says They’re Not Leaving Yet
July 29, 2020
Oregon Governor Kate Brown released a statement today revealing “the federal government has agreed to a phased withdrawal of federal officers that have been deployed [to Portland]”. Governor Brown says she’s had discussions with Vice President Pence, and “the federal government has agreed to [her] demand and will withdraw these…
U.S. to Withdraw 11,900 Troops from Germany
July 29, 2020
11,900 United States troops will be taken out of Germany, the Department of Defense announced today. “Of the 11,900, nearly 5,600 Service members will be repositioned within NATO countries, and approximately 6,400 will return to the United States”. Additionally, “2,500 airmen based in Mildenhall, United Kingdom,… who had been scheduled…