Friday July 3, 2020
| Last update: Thursday at 11:23 PM
BY staff | Minneapolis, MN | 3/24/20
Join us for an on-line forum addressing how capitalism fails to address the public health crisis, brings impending economic disaster for working people, and fuels racist attacks in our communities. Speakers will address the failures of capitalism, in contrast with examples set by the socialist countries, and how our movements can fight back. We will be available to take questions live via chat.
BY Masao Suzuki | San José, CA | 3/24/20
The U.S. Senate has failed twice to pass a Republican-backed economic stimulus bill worth over a trillion dollars ($1,000,000,000,000).
BY Masao Suzuki | San José, CA | 3/22/20
Last week the financial news was dominated by the falling stock market, which had its worst week since the 2008 financial crisis.
BY Masao Suzuki | San José, CA | 3/20/20
On Thursday, March 19, the Department of Labor reported a surge of applications for Unemployment Insurance (UI) benefits as the COVID-19 pandemic began to bite into the economy.
BY Masao Suzuki | San Jose, CA | 3/16/20
The fall in stock prices gained speed on Wall Street on Monday, March 16.
stock market
BY Masao Suzuki | San José, CA | 3/16/20
On Sunday, March 15, the Federal Reserve bank hit the panic button, dropping interest rates by a full percentage point to near zero.
BY Masao Suzuki | San Jose, CA | 3/15/20
From the corporate magic of Disneyland in California to the bright lights of Broadway in New York City, to the famous tourist sites of Paris, France and Rome, Italy, lights are literally going out as more and more businesses shut down, as of today, March 15.
BY Masao Suzuki | San Jose, CA | 3/12/20
U.S. stocks fell almost 10% Thursday, March 12, the day after President Trump called for a travel ban on Europe.
stock market
BY staff | Italy | 3/12/20
Fight Back News Service is circulating the following statement from Italian communists.
BY Masao Suzuki | San José, CA | 3/10/20
U.S. stocks plunged sharply right after the opening bell and ended more than 7% lower as the Dow Jones Industrial Average lost more than 2000 points, March 9.
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