Sen. Richard Shelby Richard Craig Shelby On The Money: Senate panels postpone Tanden meetings in negative sign | Biden signs supply chain order after 'positive' meeting with lawmakers Passage of the John Lewis Voting Rights Advancement Act is the first step to heal our democracy Shelby endorses Shalanda Young for OMB director should Biden pull Tanden's nomination MORE (R-Ala.), the top Senate GOP appropriator, said this week that he would back Shalanda Young to head up President Biden Joe Biden Klain on Manchin's objection to Neera Tanden: He 'doesn't answer to us at the White House' Senators given no timeline on removal of National Guard, Capitol fence Overnight Defense: New Senate Armed Services chairman talks Pentagon policy nominee, Afghanistan, more | Biden reads report on Khashoggi killing | Austin stresses vaccine safety in new video MORE ’s Office of Management and Budget (OMB) if the Senate does not confirm his current nominee, … [Read more...] about Shelby endorses Shalanda Young for OMB director should Biden pull Tanden’s nomination
Rob Gough, with the 1952 Mickey Mantle card he paid a record-setting $5.2 million for last month. Photo: Berk Communications This time last year, the only sports cards Rob Gough owned were the ones he’d collected as a kid. Somewhere in his possession are plastic sheets filled with Michael Jordans, Shaquille O’Neals, and assorted members of the 1990s Cincinnati Reds, all mass-produced and worth roughly the cardboard they were printed on. These days, Gough’s collection looks a bit different. The entrepreneur says that by mid-January of this year, he had spent $10 million on various trading cards, a spree that culminated with his biggest purchase yet: $5.2 million for a 1952 Topps Mickey Mantle in nearly perfect condition. With that, he shattered the record for the price of a single card. It was a jaw-dropping purchase but hardly an isolated event in a suddenly torrid sports-card market. The previous record for the priciest sale ever had been set just months before, in August … [Read more...] about Why Did Someone Pay $5 Million for a Baseball Card in 2021?
WASHINGTON — The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards. Applications for benefits declined 111,000 from the previous week to a seasonally adjusted 730,000, the Labor Department said Thursday. It is the lowest figure since late November. Still, before the virus erupted in the United States last March, weekly applications for unemployment benefits had never topped 700,000, even during the Great Recession of 2008-2009. The latest figures come as the job market has made scant progress in the past three months. Hiring averaged just 29,000 a month from November through January. Though the unemployment rate was 6.3% in January, a broader measure that includes people who have given up on their job searches is closer to 10%. All told, 19 million people were receiving unemployment aid as of Feb. 6, up from 18.3 million the previous week. About three-quarters of those recipients are receiving checks from federal … [Read more...] about U.S. jobless claims fall to 730,000 but layoffs remain high