Late News This information from last news on the day

Predominantly Black armed protesters march through Confederate memorial park in Georgia By Reuters

© Reuters. FILE PHOTO: Protesters rally against racial inequality in Stone Mountain

By Steve Gorman

(Reuters) – A predominantly Black group of heavily armed protesters marched through Stone Mountain Park near Atlanta on Saturday, calling for removal of the giant Confederate rock carving at the site that civil rights activists consider a monument to racism.

Video footage of the Independence Day rally posted on social media showed scores of demonstrators dressed in black – many in paramilitary-style clothing and all wearing face scarves – quietly parading several abreast down a sidewalk at the park.

The protesters all carried rifles, including military-type weapons, and some wore ammunition belts slung over their shoulders. Although African Americans appeared to account for the bulk of the marchers, protesters of various races, men and women alike, were among the group.

One video clip showed a leader of the demonstrators, who was not identified, shouting into

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Light on tech, heavy on banks — has Warren Buffett lost his touch?

When the Financial Times interviewed Warren Buffett last year, he predicted that future returns from his company Berkshire Hathaway and from the U.S. stock market as a whole would be “very close to the same.”

Berkshire shareholders could be forgiven for thinking: if only.

The famed stockpicker had his worst performance versus the S&P 500 in a decade in 2019, and 2020 is shaping up to be nearly as bad. Instead of taking advantage of the coronavirus crisis that hit markets in March, Buffett was a casualty. Instead of highlighting Berkshire’s balance sheet strength, the crisis exacerbated longstanding concerns over the company’s direction. Some longtime Buffett watchers argue that it is time to fundamentally rethink Berkshire’s mix of businesses and investments.

The question comes more loudly now than at any time since Berkshire missed out on the dotcom boom: has Buffett lost his touch?

Berkshire’s “chronic underperformance” requires answers, according

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To fight the coronavirus budget crisis, act like Alexander Hamilton

Some U.S. states are facing disproportionate financial challenges due to the pandemic. Plunging tax revenue, unemployment, and rising healthcare expenses, coupled with high levels of existing state debt have driven some states into acute financial distress – threatening the nation’s unity.

This is not the first time the U.S. has confronted a common, disparately borne struggle. In 1790, Alexander Hamilton spurred the federal government to take over the debt accumulated by states in the fight for independence. It was the “price of liberty.” The agreement caused controversy, particularly among the states asked to contribute more. In the event, unity prevailed, and the nation strengthened.

Today, a similar act of solidarity is needed. To be clear, we are not suggesting indebted states be bailed out, but they should not be made to pay for their pandemic-induced financial strain. Instead, the incrementalcosts states incur during recovery should be considered the “price of … Read More

North Korea says no need to sit down with U.S. for talks By Reuters

© Reuters. North Korea’s leader Kim Jong Un visits Vietnam

SEOUL (Reuters) – North Korea does not feel the need to have talks with the United States, which would be nothing more than “a political tool” for Washington, a senior North Korean diplomat said on Saturday, ahead of a U.S. envoy’s visit to South Korea.

Vice Foreign Minister Choe Son Hui said negotiations would not work out between Washington and Pyongyang and there will be no change in North Korea’s policy.

“We do not feel any need to sit face to face with the U.S., as it does not consider the DPRK-U.S. dialogue as nothing more than a tool for grappling its political crisis,” Choe said in a statement carried by state-run KCNA news agency.

DPRK stands for the Democratic People’s Republic of Korea, North Korea’s formal name.

U.S. Deputy Secretary of State Stephen Biegun is due to visit South

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How your July 4th plans could affect the economy, according to Wall Street analysts

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Who cares if you don’t wear a mask to your barbecue for Fourth of July weekend? Well, Goldman Sachs does.

Heading into the holiday weekend, cases of the coronavirus are spiking in key states like Texas, Florida, California, and Arizona, which have also begun putting restrictions back in place, including on restaurants, bars, beaches, and more.

While many states don’t require wearing masks to be worn all the time, economists at Goldman Sachs wrote in a note Monday that creating a national mandate to wear masks could help prevent 5% of GDP from being lopped off, which could be the result if shutdowns were put reinstitute across the country.

Whether or not your state requires you to wear a mask at all times … Read More