CHINA-US TECH WAR: US GOVT TO BLOCK NEW DOWNLOADS, UPDATES OF TIKTOK, WECHAT

By Brai Odion-Esene, SW4 Insights for Mace News WASHINGTON (MaceNews) – In an escalation of the ongoing China-U.S. tech war, the U.S. Commerce Department Thursday announced restrictions on new downloads and updates of two popular Chinese-owned mobile apps – WeChat and TikTok – citing a need to safeguard the national security of the United States. […]

TEXT: COMMERCE DEPT SETS US BAN OF WECHAT/TIKTOK

WASHINGTON (MaceNews) – The following is the text of the Commerce Department announcement Friday of the bans within the U.S. of the Chinese apps WeChat and TikTok, to some extent, depending on future negotiations: Commerce Department Prohibits WeChat and TikTok Transactions to Protect the National Security of the United States – In response to President Trump’s […]

STATUS CHECK: MORE ROUTINE JOBLESSNESS, POLITICAL SLURS

WASHINGTON (MaceNews) – The following is Thursday’s status check of developments in the U.S. that can influence economic, health and political outcomes: The news of the day was pretty routine. Another former White House insider, Olivia Troye, accused President Trump of being a hypocrite and in turn was described by the White House as just […]

FRIDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Friday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORFRIDAY, SEPTEMBER 18, 2020 EDT  10:00AM                            In-House Pool Call Time2:35PM                               Out-of-Town Pool Call Time  12:00PM                             THE PRESIDENT receives his intelligence briefing Oval Office Closed Press  3:45PM                             THE PRESIDENT departs the White House en route to Joint Base Andrews South Lawn In-House Pool  3:55PM                             THE PRESIDENT arrives at Joint […]

US ENERGY SECRETARY: MUST ADDRESS ENERGY INDUSTRY’S ‘INFRASTRUCTURE PROBLEM’

By Brai Odion-Esene, SW4 Insights for Mace News WASHINGTON (MaceNews) – Cost-effective and efficient energy delivery is essential to growing the United States’ clout in the global energy markets, as well as reducing costs for domestic consumers, the Trump administration’s top energy official said Thursday. “It’s been a difficult time for the (energy) industry,” Energy […]

DATA FLASH: AUGUST HOUSING STARTS SLOW DUE TO DROP IN MULTIFAMILY

–Housing Starts Fall By 5.1% to 1.416 Mln SAAR, But Single-Family Up 4.1%–Initial Jobless Claims Fall 33,000 to 860,000 in September 12 Week–Philadelphia Fed Index Slips to 15.0 in September Vs 17.2 August By Kevin Kastner WASHINGTON (MaceNews) – The U.S. August home building data, released Thursday, were weaker than expected. However, the data represent […]

THURSDAY WHITE HOUSE SCHEDULE

WASHINGTON (MaceNews) – The following is Thursday’s public White House schedule: DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, SEPTEMBER 17, 2020 EDT  9:00AM                     In-House Pool Call Time 5:15PM                      Out-of-Town Pool Call Time  11:30AM                     THE PRESIDENT participates in a credentialing ceremony for newly appointed ambassadors to Washington, D.C. Oval Office Closed Press  2:20PM                     THE PRESIDENT departs the White House en route to […]

STATUS CHECK: VACCINES, BIG 10, 2% INFL – ALL ON THE WAY

WASHINGTON (MaceNews) – The following is Wednesday’s status check of developments in the U.S. that can influence economic, health and political outcomes: Wednesday and it seems the world is singing the old Bob Gibson song, “That’s the Way It’s Gonna Be,” also recorded by Bob Denver, The Chad Mitchell Trio, Jose Feliciano and many more. […]

FOMC DOUBLES DOWN ON INFLATION OVERSHOOTING

–To Aim ‘Moderately above 2% For Some Time’ –Will Have a Big Area of the Economy ‘That Struggles’ By Denny Gulino WASHINGTON (MaceNews) – The new era of Federal Reserve policy allowing an overshoot of its 2% inflation target for an extended time launched Wednesday with two Federal Open Market Committee dissents after a “robust […]

TEXT: FOMC STATEMENT – TO KEEP ACCOMMODATION TILL HIT INFL TARGET

WASHINGTON (MaceNews): The following is the text of the Federal Open Market Committee’s policy statement released Wednesday: The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The COVID-19 pandemic is causing tremendous human and […]