U.S. home sales spike 24.7% in July, another record
U.S. home sales rose an unprecedented 24.7% in July, extending a rebound in June after the coronavirus pandemic all but froze the housing market this spring.
virus
World Bank Chief: COVID May Have Pushed 100M Into Extreme Poverty
The coronavirus pandemic may have driven as many as 100 million people back into extreme poverty, World Bank President David Malpass warned Thursday.
Fauci says he doesn’t think there will be a coronavirus vaccine mandate
Dr. Anthony Fauci said he does not think the government will require people to get coronavirus inoculations.
Milwaukee DNC opens with little fanfare; online speakers to focus on race, coronavirus
Milwaukee’s Democratic National Convention is opening to the kind of lackluster reception that, during the COVID-19 pandemic, was entirely predictable.
Israel’s virus-battered economy sees sharpest contraction in 45 years
Surpassing the most dire economic forecasts on the effects of the coronavirus pandemic, Israel’s gross domestic product plunged by 28.9 percent in the second quarter of 2020, as compared to the first quarter, in the worst economic downturn in over 40 years, according to an official estimate Sunday.
Leftists To Siege White House On Eve Of Feast Of Trumpets’
Tensions were mounting in Washington D.C. Friday after a fiercely anti-capitalist group announced plans to occupy the White House on the eve of the Biblical Feast of Trumpets.
HHS: Vaccine effort ‘on track’ for millions of doses by January
The Trump administration said Thursday it is on track for hitting its goal of producing tens of millions of doses of a coronavirus vaccine by January 2021.
Biden calls for mandate requiring all Americans to wear masks
Former Vice President Joe Biden on Thursday called for a nationwide mask mandate to help fight the spread of the coronavirus pandemic.
S&P reaches near record high same day it reports corporate bankruptcies on track to reach 10-year high
The S&P 500 opened near a new record high Tuesday morning, the same day the S&P Global Market Intelligence report projected that corporate bankruptcies will reach a 10-year high in 2020.
UK plummets into recession after GDP falls 20.4 percent
U.K. economy has officially plummeted into recession after official figures announced Wednesday showed a stunning 20.4% drop in the second quarter of the year – the biggest drop since quarterly records began in 1955.
‘We’re going to have huge problems’: U.S. general warns of long-term ISIS resurgence
The Pentagon’s top general in the Middle East warned Wednesday that the U.S. is “going to have huge problems” with a massive Islamic State resurgence over the coming decade without a sweeping new international plan to de-radicalize young men and women across the Middle East.
DA declares California’s San Luis Obispo is a “sanctuary county” for worship gatherings
The central California county of San Luis Obispo has been declared a sanctuary for churches wanting to hold indoor services with singing amid COVID-19 concerns, the Christian Post reports. County District Attorney Dan Dow confirmed at the end of July that churches will not be prosecuted for going against state coronavirus restrictions on worship gatherings.
Russia Claims World’s First Coronavirus Vaccine
Russian President Vladimir Putin announced Tuesday that his nation had registered the world’s first coronavirus vaccine despite international skepticism.
Thousands attend Sean Feucht’s ‘Riots to Revival’ event in Portland: ‘Church is rising up’
Thousands attended California evangelist Sean Feucht’s “Riot to Revival” worship concerts this weekend in Portland, Oregon, and Seattle, Washington, two cities that have been gripped by riots and protests in recent weeks.
Biden Chooses Kamala Harris As Vice Presidential Running Mate
Presumptive Democratic nominee Joe Biden has chosen Senator Kamala D. Harris of California as his vice presidential running mate on Tuesday.
Federal deficit swells to nearly $3 trillion in first 10 months of fiscal year 2020
The federal deficit so far this fiscal year is at $2.8 trillion, roughly $2 trillion higher than the deficit for the same period last year, according to the Congressional Budget Office.
Lebanese Christians Suffering More Misery After Deadly Beirut Blast
The Beirut blast that killed 160 people adds to the suffering of Christians who already face food shortages and social unrest due to the coronavirus crisis, aid workers say. Their warnings came shortly before the government resigned Monday amid public outcry over the explosion, triggered by ammonium nitrate stored in a warehouse at the Beirut port.
California pastor holds services for 1,000 people in defiance of COVID-19 court order
Defying a California court order issued amid coronavirus concerns, the leader of Godspeak Calvary Chapel, Ventura County held indoor church services for around 1,000 people on Sunday, the Washington Examiner reports. Prior to holding the services, Pastor Rob McCoy described the county rules on indoor services as “draconian” and stated that no one in his church was infected with COVID-19.
Britain Increasing Border Security As Migrants Cross Channel In Risky Boats; Europe Concerned
Britain’s government pledged Friday to strengthen border security, as a daily record number of people crossed the English Channel to the U.K. in small boats. The measures that reportedly could involve the Royal Navy, come amid broader concerns in Europe about a rising number of migrants re-emerging following lengthy coronavirus lockdowns.
Belarus President “Wins” Bloodstained Ballot
Election officials in Belarus say the county’s longtime President Alexander Lukashenko has won his sixth consecutive term, taking over 80 percent of the vote. Monday’s announcement followed a night of riots in which dozens of people were injured, and possibly one person was killed amid mounting anger over his perceived autocratic style.