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Mayor Lori Lightfoot painted a picture of Chicago on Thursday that featured nothing but blue skies as far as the eye can see as the city recovers from the COVID-19 pandemic and the economic devastation the virus has caused. “I feel very optimistic” about Chicago’s recovery from COVID-19, Lightfoot said during a virtual conference for investors, bond buyers, financiers and developers with money to spend. The mayor said she remains determined to use this “once in generation” crisis to address the “exposed fault lines” now crisscrossing the city, which is set to reopen fully by July 4. But once the...

President Biden is insisting that raising taxes for his multi-trillion-dollar proposals would be good for the economy as it begins to rebound from lockdowns, arguing that his $1.9 trillion COVID relief bill passed a month ago was causing the economic rebound seen today — while also urging Americans to continue their “patriotic responsibility” to wear masks outside in the waning days of the COVID crisis.

Three years after the Tax Cuts and Jobs Act took effect, Democrats in Congress are ready to roll back some of the most critical reforms.The business tax cuts have been maligned as contrary to the interests of workers. In reality, the corporate tax cut succeeded at allowing new business investment, creating jobs, raising wages, and increasing the economy’s size.The economic history of the 2017 tax cuts should lead policymakers who are intent on raising the corporate income tax, or repealing parts of the individual tax cuts, to question their convictions.The tax cuts were intended to increase new investments in the...

The serious lower leg injuries Tiger Woods sustained in a car crash on Tuesday typically lead to a long and perilous recovery, calling into question his ability to play professional golf again, according to medical experts who have treated similar injuries.

Amid reports of vaccine shortages occurring around the world, a new study (pdf) suggests that people who have already had COVID-19 should get only one shot of the mRNA vaccine to avoid possible unnecessary adverse reactions and free up supplies for those who need it more.The study, which hasn’t been peer-reviewed, evaluated vaccine reactions after receiving the first dose in 231 individuals—83 with a past infection of the CCP (Chinese Communist Party) virus and 148 who had never had an infection.Researchers found that both groups equally reported experiencing pain, swelling, and redness at the injection site at the time of...

MINNEAPOLIS—Overseeing sober living homes for newly recovering drug addicts is difficult in the best of times. But the endless shutdowns have created conditions that are challenging for healthy people, let alone those who are fresh out of rehab, vulnerable, and still reeling. Matt Royce, 35, oversees seven sober-living homes in Minneapolis. All of his houses, each holding between 9 and 13 people, have been “pretty full the whole time.” No overdose deaths had occurred in his homes in almost three years, but last summer he lost two people, while another three were revived from overdoses with opioid-blocker Narcan. Depression has...

The story that the media haven’t told is that states that have maintained longer and stricter business restrictions have been slower to recover. The unemployment rate in September was 12.6% in Nevada, 11% in California, 10.5% in Rhode Island, 10.2% in Illinois, and 9.7% in New York compared to 6.7% in Arizona, 6.4% in Georgia, 5.4% in Wisconsin and 5% in Utah. New York added 100,000 jobs last month as Gov. Andrew Cuomo finally let dine-in restaurants and gyms in New York City reopen at limited capacity. But 363,000 workers also dropped out of the labor force, which was the...

President Donald Trump appeared fit and in good spirits on Oct. 12 in Florida at the first rally after recovering from COVID-19.The president spent just over an hour on a makeshift outdoor stage on a tarmac in Sanford, Florida. He delivered his characteristic rapid-fire speech, lauding his administration’s accomplishments, criticizing opponents, and urging supporters in Florida to vote early, including by mail.Trump arrived in Florida hours after his physician, Sean Conley, confirmed that the president had tested negative for two consecutive days for the Chinese Communist Party (CCP) virus, commonly known as the coronavirus. The president contracted the virus...

Donald J. Trump @realDonaldTrump A total and complete sign off from White House Doctors yesterday. That means I can’t get it (immune), and can’t give it. Very nice to know!!! 11:39 AM · Oct 11, 2020

(Fox News video screenshot) Looking hale and hearty, Donald Trump joined Fox News medical contributor Dr. Marc Siegel for an on-camera interview — his first since being diagnosed with COVID-19. He said he was “medication-free” as of Friday and feeling “really, really strong.” Trump downplayed his condition after being admitted to Walter Reed hospital. He said he felt he was in “not bad shape” and could have left the hospital after the first day.Fox News: The president also said he underwent CT scans on his lungs upon arrival at Walter Reed, but did not experience difficulty breathing.“They wanted to keep...

A total and complete sign off from White House Doctors yesterday. That means I can’t get it (immune), and can’t give it. Very nice to know!!!

President Donald Trump has been given the all clear by his physician to return to public engagements this weekend, according to his Thursday health update.Trump, 74, was tested for COVID-19, the disease caused by the CCP (Chinese Communist Party) virus, last week on Oct. 1 after senior aide Hope Hicks was confirmed to have contracted the virus. On the morning of Oct. 2, the country was told that tests had confirmed the president had contracted the potentially deadly virus that has so far claimed over 212,000 American lives. Most people recover from COVID-19.White House physician Dr. Sean P. Conley...

President Donald Trump is still in the early stages of his coronavirus infection, and his condition could yet go into "reversal," Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, has warned. Speaking with CNN on Monday evening, Fauci said that Trump looked "fine" when he was filmed Monday night leaving Walter Reed National Military Medical Center to return to the White House but that "it's no secret" that some people see their conditions worsen about a week into the course of a COVID-19 infection. Trump publicly announced his positive test Friday and was admitted...

When the news broke that President Trump had contracted the coronavirus, many of his supporters immediately began to pray for his recovery, while many Democrats were thrilled. Some, including former Hillary Clinton staffer Zara Rahim, even expressed the hope that he would die. The sharply divergent reactions revealed yet again the growing divide in American society, as they demonstrate that the left and the right today are operating from two vastly different and irreconcilable worldviews. Leftists celebrating Trump’s illness were many, and they made no effort to hide their sentiments. Chris Rock yukked it up on Saturday Night Live, saying:...

<p>Folks on the left and in media have truly been losing it over President Donald Trump getting the Wuhan coronavirus.</p> <p>They are rife with conspiracy theories and seemingly hoping things go bad.</p> <p>But they had their hopes dashed with yet another good report from the doctors on Sunday morning.</p>

Prayers that our First Couple recover quicklyand regain all their full strength and health.Prayers for our country to remain strongand not give in to needless panic.Never give up and never give in to negativity.

The U.S. economy added 661,000 jobs in September and the unemployment rate fell to 7.9 percent, indicating that the economy continued to add jobs even as coronavirus infections rose across many states. Economists had forecast an addition of around 800,0000 jobs and a decline in the unemployment rate to 8.2 percent from 8.4 percent last month. So Friday’s figures missed on job creation but beat on the unemployment rate.

While China’s coastal provinces and major cities are recovering from the coronavirus pandemic, firms in its poorer western and central provinces are falling well behind in metrics like output and sales revenue, a private survey showed on Thursday. The majority of firms are recovering far more slowly than those in wealthier areas around Beijing, Shanghai, and Guangdong, said a report from China Beige Book International (CBB). While revenue and profits for the third quarter saw steep declines year-on-year across China, many interior provinces also saw output, domestic orders, and sales prices falling from the second quarter as well, according to...

The V-shaped recovery the media said wouldn't happen appears to be happening. CNBC had reported that U.S. retail sales ticked up 1.2 percent in an August 14 story headlined, “Americans keep buying stuff despite the pandemic — retail sales rise for a third straight month.” Although the result was under the 2.3 percent increase expected, CNBC cited Citigroup economist Andrew Hollenhorst, who said: “‘Similar to the jobs report, retail sales stand in stark contrast to the idea that growth in July ‘stalled’ – when in fact it continued at a robust, if somewhat slower, pace.’” But the story of U.S....

There’s a common fear that Wall Street, buoyed by bullish sentiment, has gotten far ahead of the economic recovery and corporate earnings. However, despite continued volatility and uncertainty, analysts don’t expect a sharp market correction and say there’s still room for some upside for U.S. stocks ahead. Much better than expected economic data combined with positive news on drug treatments and potential vaccines for COVID-19 have bolstered investor confidence in recent months. But a spike in coronavirus cases as reopenings advance and the potential for a Democratic win in November pose downside risks to the stock market, according to analysts....