Business

Against that shaky backdrop, Wall Street analysts are increasingly bracing for a chaotic Election Day and a bitter battle to follow that could feature protests and even violence in the streets. The unrest could make it impossible for investors to make new market bets based on the kinds of policies that might go into effect next year, and could even exacerbate concerns about the economy sliding backward with the coronavirus pandemic still wreaking havoc on consumers and businesses. “There are a lot of factors pressuring the stock market right now and the potential for a hotly contested result is certainly one of them, especially as we are now inside 40 days til the election and we are in a time where there is already so much social tension,” said Mark Luschini, chief investment strategist a...

“It doesn’t indicate that we love everything. It indicates where we think we have the best chances of pushing our agenda,” 350 Action Executive Director May Boeve told POLITICO in an interview. “We’ve already seen movement and we’re going to keep pushing.” Background: The group, which rose to prominence opposing the Keystone XL oil pipeline and led the “Keep It In The Ground” movement to halt fossil fuel extraction, hoped its support would galvanize environmentally minded voters who had backed Biden rival Sen. Bernie Sanders (I-Vt.) in the primary and are considering sitting out the election. Other progressive greens, like the youth-led Sunrise Movement, have also begun speaking positively about Biden after dogging him in the primary. Biden’s campaign, too, has deepened outreach to t...

“We call on all countries to pursue innovative, coordinated, green and open development for all, seize the historic opportunities presented by the new round of scientific and technological revolution and industrial transformation, achieve a green economy of the world economy in the post-Covid era and thus create a powerful force driving sustainable development,” Xi added. The comments come as Trump prepares to officially pull the U.S. from the Paris climate accord, making the world’s largest economy the only nation outside the global pact. He attacked China’s environmental record Tuesday, saying it was the world’s leading polluter as he defended the U.S. record. “China’s carbon emissions are nearly twice what the U.S. has and it’s rising fast,” Trump said. “By...

The Dallas Fed covers Texas, northern Louisiana and southern New Mexico. The context: Survey respondents said the economic paralysis brought about by the spread of Covid-19 was the major factor, with uncertainty over who will win this year’s presidential election further discouraging investment. One respondent told the Fed that “I am significantly more discouraged than in previous quarters due to the demonstrated lack of real concern and the lack of effective leadership by this president, his advisers and the Senate.” Others voiced concern about what would happen if Biden and Democrats fared well in the election: “A Biden administration would absolutely kill our industry,” one respondent said, according to the survey results. Others worried about the large-scale bankruptcies sweeping acros...

The news: “The unethical manner in which these tapes were acquired does not excuse the comments that were made, or the crass way they were expressed,” Thiessen said in a statement. “On behalf of the Company and our employees, I offer my unreserved apology to all those who were hurt or offended, and all Alaskans.” Thiessen also said the company has long held that in the future it may seek to expand the mine, action that would require additional federal and state permitting. Collier, a Clinton-era chief of staff at the Interior Department, could have collected multi-million dollar bonuses if the mine received its permits from the Army Corps of Engineers and survived legal challenges. The Corps has not yet issued a decision. Pebble has brought in former CEO John Shively, who left in 2014, as ...