Robert Schroeder
Robert Schroeder
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Florida Sen. Rick Scott says he's tested positive for coronavirus

Florida Sen. Rick Scott says he's tested positive for coronavirus

Sen. Rick Scott, a Florida Republican, said Friday he has tested positive for the coronavirus and is "experiencing very mild symptoms." In on Twitter, Scott said he will be working from home until it is safe for him to return to Washington. Scott earlier this week was one of two Republican senators absent from due to exposure to coronavirus. The other was Iowa Sen. Chuck Grassley, who tweeted later he had tested positive for the virus.Microsoft Corp. founder and billionaire philanthropist Bill Gates refers to the U.S.'s inability to control the spread of the novel strain of coronavirus that...

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Robert Schroeder
Nov 20
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Trump’s legal challenges won’t change election’s results: Karl Rove

Trump’s legal challenges won’t change election’s results: Karl Rove

Karl Rove to Donald Trump: the election is over. Writing in the Wall Street Journal, the prominent Republican party political consultant says the president’s efforts to contest the results and that challenges in states like Pennsylvania and Wisconsin are “not enough to change the final outcome.”Also see: . The op-ed by former George W. Bush adviser Rove comes as the Trump campaign and its supporters have filed state and federal lawsuits, seeking to have ballots and entire county elections declared invalid, but have yet to provide evidence of widespread voter or election fraud. As...

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Robert Schroeder
Nov 12
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Utah Sen. Mike Lee tests positive for coronavirus

Utah Sen. Mike Lee tests positive for coronavirus

Utah Sen. Mike Lee, a Republican, said Friday that he has tested positive for COVID-19. Lee said in a statement on Twitter that he'd tested positive on Thursday and would be working from his home while isolating for 10 days. Lee's statement came as news of President Donald Trump's and first lady Melania Trump's positive tests shook U.S. stocksand , with Trump scrapping a planned Florida rally.Democrats pushed through the House Thursday night a $2.2 trillion economic stimulus plan, putting down a marker as their leader, House Speaker Nancy Pelosi, continues to talk with Treasury Secretary...

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Robert Schroeder
Oct 2
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Trump claims Biden win would crash market, cause depression

Trump claims Biden win would crash market, cause depression

President Donald Trump on Thursday cast his election battle with Joe Biden as a fight for the future of the U.S. economy, reiterating claims that the stock market would tank and a depression would ensue if the his Democratic rival wins in November.“If Biden gets in, this market’sgoing to crash,” Trump asserted in an interview on Fox Business Network with host Maria Bartiromo. Invoking Biden’s tax plans, Trump also claimed that the former vice president would “tax this country into a depression like in 1929.”Trump spoke as Democrats are preparing to nominate Biden next week at their party’s...

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Robert Schroeder
Aug 13
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Trump says coronavirus pandemic will ‘probably, unfortunately’ get worse before it gets better

Trump says coronavirus pandemic will ‘probably, unfortunately’ get worse before it gets better

President Donald Trump said Tuesday the coronavirus pandemic would probably worsen before improving, but said getting a vaccine is a “top priority” as he appeared at a White House virus briefing for the first time since April.In a rare acknowledgment of potential bad news, Trump said the pandemic “will probably, unfortunately, get worse before it gets better, something I don’t like saying about things but that’s the way it is.”After weeks of focusing on issues unrelated to the pandemic and not wearing a mask himself, the president also urged Americans to wear face coverings and practice...

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Robert Schroeder
Jul 21
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Biden charges Trump’s pandemic focus is the Dow and the Nasdaq, ‘not you’

Biden charges Trump’s pandemic focus is the Dow and the Nasdaq, ‘not you’

‘The truth is, throughout this crisis, Donald Trump has been almost singularly focused on the stock market. The Dow and Nasdaq — not you, not your families.’Joe Biden on Thursday charged President Donald Trump with putting the stock market above ordinary Americans, blasting the president’s handling of the coronavirus pandemic as he laid out a new economic plan.Speaking at a metal works plant in Dunmore, Pa., the presumptive Democratic presidential nominee said Trump has been focused on the Dow Jones Industrial Averageand the Nasdaqduring the pandemic, and “not you.”Trump has indeed hailed...

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Robert Schroeder
Jul 9
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Russia offered Afghan militants bounties to kill U.S. troops: report

Russia offered Afghan militants bounties to kill U.S. troops: report

A Russian military intelligence unit secretly offered bounties to militants in Afghanistan for killing American troops, U.S. intelligence officials have concluded, . The report said President Donald Trump and the White House have known for months about the finding, but have not authorized any response. As the Times writes, an operation to incentivize the killing of U.S. and other NATO troops would be a significant escalation of what U.S. and Afghan officials have said is Russian support for the Taliban. It would also be the first time the Russian spy unit was known to have orchestrated...

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Robert Schroeder
Jun 26
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Trump calls Fed 'wrong so often' as Dow falls more than 1,000 points

Trump calls Fed 'wrong so often' as Dow falls more than 1,000 points

President Donald Trump criticized the Federal Reserve over Twitter on Thursday, one day after Fed Chairman Jerome Powell offered a grim outlook about the economy, saying there was a "long road" ahead. "I see the numbers also, and do MUCH better than they do. We will have a very good Third Quarter, a great Fourth Quarter, and one of our best ever years in 2021," the president said. Trump's tweet came as the Dow Jones Industrial Averageafter the Wednesday Fed statement and as cases of COVID-19 were resurging in some 20 states in the U.S.As Joe Biden’s campaign works on picking his running...

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Robert Schroeder
Jun 11
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Biden takes 14-point lead over Trump in CNN poll as protests shake U.S.

Biden takes 14-point lead over Trump in CNN poll as protests shake U.S.

Former Vice President Joe Biden took a 14-point lead over President Donald Trump in a new CNN poll focused on the November presidential election, amid protests around the U.S. and the coronavirus pandemic.Taken June 2-5 among 1,259 adults (including 1,125 registered voters), shows 41% backing Trump — the lowest in CNN’s tracking of this question back to April 2019 — and 55% for Biden. That’s Biden’s highest mark yet.The poll came as the death of George Floyd, a black man who died May 25 after a white Minneapolis police officer pressed his knee into his neck even after he stopped responding,...

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Robert Schroeder
Jun 8
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Trump threatens to ‘close’ social-media platforms as he fights with Twitter

Trump threatens to ‘close’ social-media platforms as he fights with Twitter

President Donald Trump escalated an attack on social-media giants on Wednesday, threatening to “close them down” a day after Twitter Inc. marked his tweets with a fact-check warning label for the first time.Using his own Twitteraccount, Trump said: “Republicans feel that Social Media Platforms totally silence conservatives voices. We will strongly regulate, or close them down, before we can ever allow this to happen.”Twitter declined to comment about the president’s threat.On Tuesday, Twitter said Trump’s tweets about voting by mail “contain potentially misleading information about voting...

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Robert Schroeder
May 27
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Trump suggests U.S. shouldn’t bail out Democratic-run states

Trump suggests U.S. shouldn’t bail out Democratic-run states

President Donald Trump suggested on Monday that federal money shouldn’t be used to aid states and cities run by Democrats, as he met with governors seeking billions of dollars in coronavirus assistance.“Why should the people and taxpayers of America be bailing out poorly run states (like Illinois, as example) and cities, in all cases Democrat run and managed, when most of the other states are not looking for bailout help?” Trump tweeted. “I am open to discussing anything, but just asking?”The National Governors Association, headed by Republican Larry Hogan of Maryland, has asked lawmakers...

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Robert Schroeder
Apr 27
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White House cancels Monday coronavirus briefing after Trump lashes out at media

White House cancels Monday coronavirus briefing after Trump lashes out at media

The White House on Monday canceled a scheduled 5 p.m. Eastern coronavirus briefing, which will mark the third straight day without the event. President Donald Trump , saying in a tweet that the media "asks nothing but hostile questions, & then refuses to report the truth or facts accurately." On Thursday, Trump urged aides to study the possibility of injecting disinfectant into patients to fight the coronavirus, but later said his comments were in jest. He also tweeted critical comments about the news media on Monday, saying there was never a more "hostile" media in U.S. history.Nicotine...

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Robert Schroeder
Apr 27
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Trump seeks to add 75 million barrels of oil to Strategic Petroleum Reserve amid historic price crash

Trump seeks to add 75 million barrels of oil to Strategic Petroleum Reserve amid historic price crash

President Donald Trump said Monday the U.S. is “looking” to add as many as 75 million barrels of oil to the Strategic Petroleum Reserve, after an historic day for markets that saw crude prices turn negative.The soon-to-expire May contractfor West Texas Intermediate crude on the New York Mercantile Exchange traded, and closed, in negative territory, as MarketWatch reported.Read: .Trump said he was considering the move “based on the record low price of oil,” and that the action would “top [the SPR] out.”Speaking at a White House press briefing, Trump said, “we’d get it for the right...

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Robert Schroeder
Apr 20
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Trump says U.S. 'looking to' add as many as 75 million barrels to Strategic Petroleum Reserve

Trump says U.S. 'looking to' add as many as 75 million barrels to Strategic Petroleum Reserve

President Donald Trump said Monday the U.S. is "looking to" add as many as 75 million barrels of oil to the Strategic Petroleum Reserve. Trump spoke after an historic day in the oilmarkets, . Trump said he was considering the move "based on the record low price of oil," and that the action would "top it out." Speaking at a White House press briefing, Trump said, "we'd get it for the right price."Oil’s unprecedented price decline is a function of how commodities futures market operate. So gas stations won’t be paying American’s to drive any time soon.

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Robert Schroeder
Apr 20
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Trump accuses governors of ‘mutiny’ as tensions mount over reopening

Trump accuses governors of ‘mutiny’ as tensions mount over reopening

President Donald Trump compared strain between himself and a group of governors to the film “Mutiny on the Bounty,” as tensions mounted over when and how to reopen economies amid the coronavirus pandemic.“A good old fashioned mutiny every now and then is an exciting and invigorating thing to watch,” Trump said in a tweet. “Especially when the mutineers need so much from the Captain,” he added.Trump addressed his comments to the “Democrat Governors,” after a group of six eastern states on Monday said they would jointly develop a plan to reopen the region’s economies and schools. After the...

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Robert Schroeder
Apr 14
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Cuomo announces multi-state group will develop 'reopening' plan

Cuomo announces multi-state group will develop 'reopening' plan

A group of six states will start work "immediately" on designing a plan to reopen their economies amid the coronavirus pandemic, New York Gov. Andrew Cuomo said Monday. Cuomo, a Democrat, said the states will name public health and economic officials who will form a regional working group to design the plan. In addition to New York, the states are Connecticut, Delaware, New Jersey, Pennsylvania and Rhode Island. Earlier Monday, .Johnson & Johnson is, in many ways, the benchmark company for the performance of publicly traded, health-care companies.

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Robert Schroeder
Apr 13
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Sanders says charging for coronavirus vaccine would be 'morally unacceptable'

Sanders says charging for coronavirus vaccine would be 'morally unacceptable'

Sen. Bernie Sanders said Thursday that all health care related to the coronavirus, including a vaccine, should be free of charge. Speaking in Burlington, Vt., the Democratic presidential candidate said there should be emergency funding for paid family and medical leave amid the outbreak. Sanders spoke after Joe Biden, his rival for the nomination, made remarks on the same subject earlier.Dan Peris of Federated Hermes highlights five sectors of the S&P 500 where income investors should look for dividend stocks that have become attractive.

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Robert Schroeder
Mar 12
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Gaetz, who traveled with Trump on Monday, becomes fifth member of Congress to self-quarantine

Gaetz, who traveled with Trump on Monday, becomes fifth member of Congress to self-quarantine

Rep. Matt Gaetz was told Monday he came into contact with a conservative political-conference attendee 11 days ago who tested positive for COVID-19, the Florida Republican's office announced. Gaetz, who traveled aboard Air Force One on Monday with President Donald Trump, is not experiencing symptoms, his office said, and expects test results soon. Gaetz will self-quarantine, following the same decision by Sen. Ted Cruz and three other lawmakers. The Dow Jones Industrial Averageended more than 2,000 points lower Monday on coronavirus fears and a plunge in oil pricesIt was a brutal Monday for...

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Robert Schroeder
Mar 10
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Sanders attacks Biden on trade, Social Security as Democrats’ battle moves to Michigan and beyond

Sanders attacks Biden on trade, Social Security as Democrats’ battle moves to Michigan and beyond

Bernie Sanders is attacking Joe Biden over Social Security and trade policy as the two Democratic presidential hopefuls face the next round of primaries on Tuesday, with Michigan the big delegate prize of the day.Biden led in of Michigan voters taken before his strong showing on Super Tuesday in states including Texas and North Carolina. Michigan offers 125 delegates, and a win there by the former vice president would significantly boost his fortunes in the nominating contest. Ahead of next Tuesday’s voting, , according to a tracker by the Wall Street Journal. It takes 1,991 to win the...

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Robert Schroeder
Mar 7
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