BREAKING NEWS BRIEF
Man accused of dragging, assaulting police officer in mask dispute
A 61-year-old Minnesota man is in police custody after dragging a police officer with his car and assaulting him with a hammer following a report of an assault that began as a mask dispute, police say.
Police were called to a Menards store on Wednesday after the suspect, identified as Luke Alvin Oeltjenbruns, allegedly attacked an employee with lumber amid a mask dispute.
The incident happened roughly 60 miles west of where George Floyd and Daunte Wright, both Black men, were killed.
What transpired once the police arrived?
More Breaking News
Teen couple accused of killing girl’s father allegedly planned to run away together
SpaceX wins $2.9 billion NASA contract for moon lander, with 2024 goal
FBI says it interviewed FedEx mass shooter last year
Police make arrests in deaths of 2 North Carolina transgender women
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It’s expected to see massive revenue in 2020 – $100 billion.
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It’s ultra-cheap – less than $3.
MARKET UPDATE
Concerns over inflationary pressure on earnings will test stocks in the week ahead
Earnings season gets into full swing in the week ahead and will be a major focus for investors.
So far, earnings growth for the S&P 500 is 30.2%, based on actual reports and estimates, making it the best quarter since the third quarter of 2010, according to FactSet.
Lori Calvasina, head of U.S. equity strategy at RBC, said she is watching the coming week’s earnings for signs of margin pressures from higher commodity prices, supply chain issues and other cost factors.
Earlier President Joe Biden proposed raising corporate taxes to 28% from 21% to help pay for his infrastructure plan.
While the fate of the tax hike is still not clear, the increase in other costs is apparent. Fuel costs have risen sharply with a 30% rise in oil prices since the beginning of the year. Lumber prices in the futures market are at an all-time high and copper futures are up about 17% year-to-date.
What other things should you be aware of for next week?
More Market Updates
S&P 500 hits another record, marks 4th weekly gain in a row
Are you looking in the wrong place for future gains?
Dogecoin is up 400% in the past week. Here’s why one crypto exec says he still isn’t buying
AROUND THE GLOBE
This is why the sky in Beijing is turning yellow – check out the incredible photos
The sky across Beijing is turning a dark yellow and there are some incredible photos surfacing of the phenomenon.
Images show a dreary and dark yellow smog over the city as sand and dust particles unexpectedly rolled into the area. The sudden dust storm sent pollution levels soaring and the air quality index rose to a staggering 324 during the onset of the storm. The air quality worsened overnight Thursday and into Friday when it exceeded a whopping 1,300 in some parts of the city.
The dust storm is unusually bad this year due to high winds that are accompanying the sand and dust particles invading the city. But where did the major dust cloud originate from and what other areas in China is it expected to affect?
More World News
This is how the Queen will say goodbye to Prince Philip
WHO chief warns the pandemic is approaching its worst level yet
Why was this Russian magazine raided by authorities and its journalists arrested?
EDUCATION
Minneapolis schools moving to distance learning for Chauvin trial verdict
Minneapolis Public Schools are moving to back to distance learning for the second half of next week in anticipation of a verdict in the Derek Chauvin trial.
MPS announced Friday that in-person learning will continue for all grades on Monday and Tuesday, but from Wednesday through Friday, all students will return home for distance learning.
When can students expect to return to some semblance of normalcy?
More Education Headlines
25% of students postponed college during the pandemic, some indefinitely
Students from this college want to defund their campus police
GET STARTED INVESTING
There’s no reason investing has to be overly complicated
Many people see investing as this intense, high-stakes, minimal reward activity that is just too daunting for everyday people to master.
The fact of the matter is, though, that investing can actually be pretty straightforward and highly rewarding.
There are different approaches you can take to investing. One great way for beginners is the 3 fund portfolio, also known as the lazy portfolio.
It’s an investing strategy that contains only 3 assets and allows countless people grow their nest egg with little time and effort.
So what does it entail and how can you get started?
More Investing Headlines
Why did Pinterest stock take a nosedive yesterday?
Former SEC investment management director shares his No. 1 piece of advice for new investors
Stay Informed,
Rex Jackson
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