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WASHINGTON, D.C. – On the 57th anniversary of Martin Luther King Jr.’s “I Have a Dream” speech, civil rights leaders and families of police brutality victims participated in the 2020 Virtual March on Washington.Led by Martin Luther King, III, participants aimed to restore and recommit to the dream MLK Jr. defined in 1963. Thousands gathered at the steps of the Lincoln Memorial on Friday before marching to the Martin Luther King Jr. Memorial.Watch the March on Washington event below:Loved ones of Jacob Blake, Trayvon Martin, Eric Garner, Ahmaud Arbery, and Breonna Taylor took part in the event, as did multiple politicians.Rev. William Barber gave the keynote address for the virtual march. That was followed by speeches from Speaker Nancy Pelosi, Sen. Cory Booker, Rep. Brenda Lawrence, Stacey Abrams, April Ryan, Tamika Mallory, and Yusef Salaam.Organizers say the goal of the event was to channel the momentum for police accountability and call for reforms of the systems, structures, policies, and attitudes that enable police brutality and racial discrimination.Organizers say they also executed a civic engagement effort, which included registering participants to vote and encouraging them to participate in the Census.“Our 2020 Virtual March on Washington is about asking everyone — from protesters in the streets to elected officials at all levels of government — to commit to pursuing a new agenda that prioritizes equity, justice, and equal opportunity for all,” said Derrick Johnson, President and CEO of the NAACP. “As we approach the November elections, we must mobilize to vote like we’ve never done before.” 1638

WASHINGTON (AP) — Under pressure from moderates in both parties, House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell have initiated late-game negotiations in hopes of combining a coronavirus relief package.In all likelihood, the package will contain less than trillion with a separate .4 trillion government-wide omnibus spending bill. After lengthy delays, optimism is finally building in Washington for a COVID-19 aid bill that would offer relief for businesses, the unemployed, schools and health care providers, among others struggling as caseloads are spiking. Success is not certain and considerable differences remain over details, such aid to states and local governments, liability protections for businesses and universities reopening during the pandemic, and whether to issue a second round of ,200 direct payments to most Americans.But renewing soon-to-expire jobless benefits, providing a second round of “paycheck protection” subsidies, and funding to distribute vaccines are sure bets to be included in any deal. 1060

WASHINGTON, D.C. – Since the start of his presidency, President Donald Trump and his administration have talked about getting manufacturing companies to come back to the United States, a process known as reshoring.Now, with unemployment at a historic high, another 1.5 million people filing jobless claims last week and still 19.5 million continued claims or people unemployed, the idea of reshoring is being revisited by Congress.Some on Capitol Hill are proposing reshoring incentives for companies in the next stimulus package.“There are a lot of potential ways that the administration and Congress could come up with tax subsidies and tax breaks for companies that produces here,” said Ed Yardeni, an economist and the president of Yardeni Research.While believes there could be some jobs created by companies reshoring in the U.S., it’s hard to say how many. That’s partly because, many companies that would consider reshoring would also consider using artificial intelligence at their production plants.“Clearly bringing back jobs would be great, but I don’t think we go back to the 70s and 80s, where we had a lot more people employed,” Yardeni added. “I would think that if you are reshoring and bring production back to the U.S., you are going to use state of the art technology to do that, so I’m not sure it is going to be a huge win-win in terms of jobs.”Experts, including Yardeni, believe companies that would most likely consider reshoring would be those in the pharmaceutical and technology sector. Their reason for the move is likely less for job creation and more because of national security concerns.Either way, the way to get more jobs out of reshoring may be by doing more than just incentivizing companies to come back to the U.S.“Maybe what we need is to combine reshoring with really focusing on reeducating a lot of the labor force so that they can manage the robots, build the robots, program the robots, as opposed to doing the job the robots are doing,” said Yardeni. 2004

WASHINGTON (AP) — The Trump administration has announced that it will release nearly billion in aid to Puerto Rico to help the island rebuild its electrical grid and repair schools from the devastation of Hurricane Maria three years earlier. In a statement, White House press secretary Kayleigh McEnany said .6 billion would be included for those projects. "Federal funding of .6 billion will allow the Puerto Rico Electrical Power Authority to repair and replace thousands of miles of transmission and distribution lines, electrical substations, power generation systems, office buildings, and make other grid improvements," McEnany said in the statement. "The billion grant for the Puerto Rico Department of Education will focus on restoring school buildings and educational facilities across the island."The announcement comes amid criticism that the assistance was overdue and being released now only for political purposes. The grant comes as President Donald Trump, who has balked at providing assistance to the island territory, and former Vice President Joe Biden court voters in Florida, which is home to a large population of people from Puerto Rico.In a press briefing on Friday, President Trump added that the aid package wasn't the only exciting thing happening in Puerto Rico - it was their pharmaceutical industry."We have spoken to various companies, and they are willing to go there," Trump said. "They want to have a little bit of help, but they are willing to go to Puerto Rico and Puerto Rico is going to be very exciting, let's going to happen. They were on the verge of doing it, and they took away all the incentives. I don't know how they allowed that to happen. It was very bad for Puerto Rico and the people of Puerto Rico. That was done by Democrats, and a Republican is bringing it back."Trump added that Democratic presidential nominee Joe Biden "devastated" the country when he voted to eliminate a critical tax provision in 1996.A year ago, Trump stated in a tweet that Puerto Rico was one of the "most corrupt places on earth," but on Friday, he said it wasn't anymore because he's the best thing that's ever happened to Puerto Rico."I have to say in a very nice way, in a very respectful way, I'm the best thing that ever happened to Puerto Rico," Trump said. "Nobody even close. As a result, the island's economy under the previously mentioned names [Biden and former President Barack Obama], it just absolutely cratered. Biden's vote left the United States at the mercy of foreign suppliers, putting our national security and health at risk."Florida is a critical swing state in the Nov. 3 election. 2654

We're now entering peak back-to-school shopping season, but this is turning out to be a school shopping season like none ever before.In the year of the pandemic, many parents are holding off, unsure their children will even set foot in their schools this fall.In normal years, Target, Staples and other stores would be running big back-to-school campaigns by now. Stores would be stocked with gym shoes, white shirts, notebooks, and Clorox wipes. (Remember Clorox wipes? Have you seen any for sale in four months?)But these are not normal times.With many schools already planning for online learning this September, there's no need to buy lots of new school clothing or even backpacks.Other schools are holding off announcing any plans, which means teachers cannot come up with lists of required items yet.Why shopping could still be strongIt turns out learning at home may actually boost sales figures this year, according to the National Retail Federation.It says parents will be buying more laptop PCs and iPads then ever before. With many students learning at home even just part time, demand is soaring for new laptops to improve the Zoom call experience.The result is that the retail group predicts shopping could be 3-5% higher than last year, with more parents than ever dropping 0 to ,000 on a computer. Two kids? Double it.But from the doesn't that stink file, the bad news is for brick-and-mortar retailers.The Retail Federation says online sales will soar this school year, as families avoid going to the mall.About 45% of shoppers say they plan to do more online shopping this year than they did a year ago, which was already a strong year for online sales.That means if you like to browse the mall for school shopping, you'll find fewer stores open and much less merchandise on those store shelves when you get there.Shoppers report many shoe stores have just half their normal amount of merchandise on display.As a result, this shopping season is unlikely to rescue malls already deep in financial trouble.No more hands-on testing Macs and iPadsNeed a trip to the Apple store? 30% of them are closed, as Apple recloses stores in areas in the growing red zones.Meantime, many of the open ones won't let you play with the displays anymore, or do a hands-on test of MacBooks on the big open tables. You will need to ask an associate for help in those stores. CLICK HERE to find out if your store is open.One bright spot in all of this: If stores find school clothing and merchandise not moving well by the middle of August, expect huge markdowns later in the month, so you don't waste your money.____________________Don't Waste Your Money" is a registered trademark of Scripps Media, Inc. ("Scripps").Like" John Matarese Money on FacebookFollow John on Instagram @johnmataresemoneyFollow John on Twitter (@JohnMatarese)For more consumer news and money saving advice, go to www.dontwasteyourmoney.com 2924

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