Fannie, Freddie reform closer, Treasury details plan for profits - Fox Business

Fannie, Freddie reform closer, Treasury details plan for profits  Fox BusinessView full coverage on Google News

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Retailers are scrambling to find trucks amid the pandemic, generating record-smashing pay for drivers

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Truck drivers have fled the industry, but those who have stuck around are seeing red-hot rates. Glenn Koenig/Los Angeles Times via Getty Images A shortage of truck drivers combined with a surge in online and in-store shopping has made trucking unusually expensive.  Retailers are spending around 30% more than they did last year to move goods via truck.  The last time trucking rates soared this high, it forced companies like Amazon and XYZ to pass down the unusual transportation costs to consumers by raising prices.  Visit Business Insider's homepage for more stories .   There's a reason the shelves at your local big-box retailer still looks barren, months after the coronavirus crisis forced manufacturers and retailers to pump out more toilet paper and cleaning supplies than ever.  Tens of thousands — potentially hundreds of thousands — of truck drivers have left the industry since early 2019, experts say, leaving retailers scrambling to fill shelves and online orders
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Illustration by Alex Castro / The Verge I. The CEO On Friday afternoon, Facebook made one of its most controversial content moderation decisions in company history. After President Trump posted to Facebook some tweets that Twitter had placed behind a warning for “glorifying violence,” Mark Zuckerberg said that the company would allow them to stand . “I know many people are upset that we’ve left the President’s posts up,” Zuckerberg said in a Facebook post , “but our position is that we should enable as much expression as possible unless it will cause imminent risk of specific harms or dangers spelled out in clear policies.” “When the looting starts, the shooting starts,” Trump had tweeted — quoting a former Miami police chief who, in 1967, called for a violent crackdown on the city’s black community. And just as the president suggested, a long weekend of violence followed in the United States, with police assaulting protesters and bystanders across the country in the days that fo
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Woodward claims he sat on Trump coronavirus remarks for 6 months in order to do more fact checking

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