NEW YORK (AP) — A worst-case scenario for the U.S. economy ravaged by the coronavirus pandemic would cause the nation’s 34 largest banks to collectively lose roughly $700 billion, the Federal Reserve said Thursday.To bolster the banks ahead of such a potentially damaging recession, the Fed ordered them to suspend buybacks of their own stock…
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Volunteers struggle to gather sheep for rescue near Colton, Ore., in the Riverside wildfire south of Portland. (Richard Read / Los Angeles Times)The plea for help appeared on Facebook just after noon: Dozens of animals were trapped on a farm outside the Oregon town of Colton. A wildfire was closing in.Suzi Cloutier jumped into her…
Photograph: Jessy Ellenberger/APBy 23 October, a blustery Friday toward the end of a depressingly short autumn, the two largest wildfires in Colorado’s recent history were descending on Rocky Mountain national park, reaching toward each other with a mere 10 miles of bone-dry forest between them.The Cameron Peak fire had arrived from the north and had…
The ConversationWhy Trump's challenges to democracy will be a big problem for BidenWhen a mob attacked the U.S. Capitol on Jan. 6 and stopped Congress from certifying Joe Biden as the nation’s next president, it was scary – and fatal for at least five people. But it did not pose a serious threat to the…
The ConversationWhy Trump's challenges to democracy will be a big problem for BidenWhen a mob attacked the U.S. Capitol on Jan. 6 and stopped Congress from certifying Joe Biden as the nation’s next president, it was scary – and fatal for at least five people. But it did not pose a serious threat to the…
The ConversationWhy Trump's challenges to democracy will be a big problem for BidenWhen a mob attacked the U.S. Capitol on Jan. 6 and stopped Congress from certifying Joe Biden as the nation’s next president, it was scary – and fatal for at least five people. But it did not pose a serious threat to the…