WASHINGTON — Hours after the Federal Reserve chair, Jerome H. Powell, warned that the economy could see “tragic” results without robust government support, President Trump abruptly cut off stimulus talks, sending the stock market sliding and delivering a final blow to any chance of getting additional pandemic aid to struggling Americans before the election.

Mr. Trump, in his first full day back at the White House after being hospitalized with Covid-19, said in a series of conflicting messages on Twitter that the economy was “doing very well” and “coming back in record numbers,” suggesting that no additional help was needed. But he also tweeted that “immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business.”

The prospects for enacting another trillion-dollar package before the election had already been dim. But Mr. Trump’s directive carried heavy stakes both

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opinion

Denys the right leader for county chair position

Deb Denys is the right person at the right time to lead Volusia County. 

One of our greatest chances to bring good-paying jobs to Volusia  County is by connecting with the space industry.  Deb Denys has recently been appointed to two space industry advisory groups, one by U.S. Rep Michael Waltz and one by State Sen. Tom Wright.  These are connections that Volusia cannot afford to lose. 

Gerard Witman, the third candidate in the County Chair primary, said it best in his endorsement of Deb Denys:  “It takes experience, a person that on day one will be able to take the seat of Volusia County Council Chair and begin conducting the business of the Council from the start”.   

I urge you to vote for Deb Denys for County Chair! 

Peggy Farmer, Ormond Beach

There can be problems

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BOCA RATON, Fla.–(BUSINESS WIRE)–
Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Michael Schiff, managing director, has been elected chair of the Gold Coast Florida branch of the Society of Trust & Estate Practitioners (STEP).

Mr. Schiff, who was elected vice chair of STEP Gold Coast Florida in October 2019, will continue to focus on growing branch membership and increasing awareness of STEP and its well-respected Trust & Estate Practitioner (TEP) designation among trust and estate planning professionals in South Florida. STEP Gold Coast Florida organizes educational and networking programs to help keep members up-to-date on changes in multijurisdictional law and the latest domestic and international planning trends. Mr. Schiff will help procure speakers from the trust and estate planning industry for these events.

STEP Gold Coast Florida’s founding board members include Gail E. Cohen,

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Federal Reserve Chair Jerome Powell said another iteration of the Paycheck Protection Program is likely the best way to continue supporting small businesses suffering as a result of the coronavirus pandemic.

When asked during a hearing before a House subcommittee on Wednesday whether the Main Street Lending Program could be modified to help smaller businesses, Powell said the Paycheck Protection Program would be a better way of reaching these companies.

The Fed would encounter difficulties trying to underwrite the credit for a large number of very small businesses, according to the Fed chair.

Powell told lawmakers that it is not practical for the Fed to create a facility for small businesses and that PPP could continue to do “a lot of good,” since it may take longer than officials initially

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Like many businesses around the country, the Nile Style Barbershop has had to evolve to protect its staff as well as its clients from the coronavirus pandemic.



Kennard Perry is a senior partner and barber at Nile Style Barbershop


© Courtesy of Kennard Perry
Kennard Perry is a senior partner and barber at Nile Style Barbershop

The Black-owned Baltimore barbershop now requires infrared temperature checks and masks.

The barbershop also requires clients to answer a coronavirus questionnaire found on a health care kiosk.

“It kind of gives us a baseline idea of the individual and possibly where they’ve been and who they’ve come in contact with,” Kennard Perry, a senior partner and barber at the Nile Style Barbershop, told CNN.

The results of the survey and the infrared temperature check determine whether clients get haircuts or not.

And if those clients do not end up in the barber chair, they will not leave empty-handed. Nile Style makes sure that the client

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Martha A. Sabol, vice chair of global law firm Greenberg Traurig, LLP and co-chair of the firm’s Gaming Practice and Women’s Initiative, has been named to Crain’s Chicago Business “Notable Women in Law” list.

CHICAGO, Sept. 10, 2020 /PRNewswire-PRWeb/ — Martha A. Sabol, vice chair of global law firm Greenberg Traurig, LLP and co-chair of the firm’s Gaming Practice and Women’s Initiative, has been named to Crain’s Chicago Business “Notable Women in Law” list. This is the third year that she has been included in the feature which profiles accomplished women attorneys in the Chicago area.

Sabol focuses her practice on gaming regulatory and business law, representing national and international casino owners, operators, and suppliers in the areas of regulatory compliance, acquisition, licensure, internal investigation matters, and corporate counseling. The legalization of sports wagering has created a new focus for Sabol. She advises clients with gaming operations on

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Business Architect, Former Attorney and CEO of Ni’Nava & Associates sits for exclusive interviews after accepting the Chairwoman’s position at the International Black Business Agenda

In two recent exclusive interviews, Nselaa Ward shares insight and information about her upbringing and the influence it had on her career path in law and later in business development.

ATLANTA, GA / ACCESSWIRE / September 10, 2020 / The International Black Business Agenda is pleased to announce during National Black Business Month that Nselaa Ward, Juris Doctor will be the new Chair of the Black Business Agenda. Her qualifications, background, and passion for the position is demonstrated in the publication of two exclusive interviews discussing both her personal and professional life and accomplishments. These interviews can be found on the publication sites for Kivo Daily and Thrive Global.

From humble beginnings growing up in a rough, low income area, to a law degree from

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(RTTNews) – National Grid plc (NG.L, NGG), an energy transmission and distribution company, Thursday announced the appointment of Paula Rosput Reynolds to succeed Peter Gershon as Chair.

Reynolds will join the Board on January 1, 2021 as Non-executive Director and Chair Designate. She will assume the role of Chair after a transitionary period and no later than the conclusion of the 2021 Annual General Meeting. Gershon will remain as Chair until this time.

Earlier, on January 30, Gershon had informed the Board of his intention to step down from the role.

Reynolds is currently Non-executive Director at General Electric Co. in the US and Senior Independent Director of BP plc where she also chairs the Remuneration Committee.

She is currently also a Non-executive Director and Chair of the Remuneration Committee of BAE Systems plc but will step down from BAE prior to January 1, 2021.

Mark Williamson, Senior Independent Director

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Asian markets were mostly higher Friday after the Federal Reserve said it might keep interest rates low even if inflation rises, in a major overhaul to its strategy.

Shares rose in Japan, South Korea, Shanghai and Hong Kong but fell in Sydney.

Overnight, the S&P 500 ticked 0.2% higher, further into record territory and closing at 3,484.55, after Federal Reserve chair Jerome Powell said in a speech that it might keep interest rates low to help prop up the pandemic ravaged economy even if inflation rises above its target level of 2%.

The hoped for change in the Fed’s strategy is a huge deal for markets that have been rescued by central banks slashing short-term interest rates and buying all kinds of bonds.


Japan’s consumer price index rose 0.3% in July, the government reported, down from 0.6% the month before.

The Bank of Japan has kept interest rates near or

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The Majors

After a flat Tuesday, it was a bullish day for the European majors on Wednesday. The DAX30 and EuroStoxx600 rose by 0.98% and by 0.91% respectively, with the CAC30 gaining 0.80%.

Once more, the markets brushed aside the latest COVID-19 figures from Europe, with government fiscal support plans driving the majors.

News of the German government extending its COVID-19 relief package was positive for riskier assets on the day.

From France, Prime Minister Castex announced the government’s intentions to roll out a relief package of its own next month. This was also positive for riskier assets.

On the geopolitical risk front, positive updates from talks

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