Americans love gift cards. And the U.S. is the world’s biggest market — by a long shot. The plastic cash substitute has been the most popular holiday item on shoppers’ lists for 13 years in a row. In 2019 alone, U.S. consumers loaded up on gift cards from brands like Starbucks, Amazon and Home Depot
Month: May 2020
Lillian Johnson, 77, pictured outside her East Meadow, New York, nursing home. Because of Covid-19 restrictions, her son was unable to visit her for two months. Lamont Johnson Lamont Johnson lives just about two miles from his mother’s nursing home in Long Island, New York. He has not been able to visit her for about
Brazil is on course to become the country with the world’s second-highest number of coronavirus infections later on Friday, as President Jair Bolsonaro faces intensifying pressure for his handling of the epidemic. At present, the U.S. has recorded by far the highest number of Covid-19 infections worldwide, with 1.5 million reported cases and nearly 95,000
Former NFL star Chad Johnson is doing his part to help restaurant employees during the coronavirus pandemic. On Monday, the retired athlete left a $1,000 tip for his server at Havana’s Cuban Cuisine in Cooper City, Florida. His meal cost $37, meaning he tipped about 2,703%. “Congrats on re-opening, sorry about the pandemic, hope this
SDI Productions Americans could use a financial boost. How to get that money into people’s hands has been a hot topic of debate. Democrats have proposed expanding unemployment insurance and giving Americans as much as $2,000 per month to get back on their feet. Meanwhile, one Republican proposal has called for giving Americans $11,000 now in
More than 5.2 million people in the world have contracted the coronavirus, which has spread to at least 188 countries and regions world-wide. The global death toll currently stands at 337,572, according to data compiled by Johns Hopkins University. Brazil on Saturday briefly had the second-highest number of reported cases in the world — after the
The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, April 26, 2020. Jeena Moon | Reuters U.S. stock futures were flat on Thursday night after a decline in some major tech stocks, along with dismal employment data and
As a psychotherapist who mostly works with young people, I’ve followed the many ups and downs of my college-age patients over the past few years. And this year has been an especially tough one for the class of 2020. But these five wonderful books will guide, support and inspire them as they transition from college to
More than 38 million people have filed for jobless claims since the coronavirus pandemic started. The unexpected loss in income is causing many Americans to tap their retirement savings just to make ends meet. And many people who lost a job — or have a spouse or partner whose income has declined — didn’t have
A pack of Hydroxychloroquine Sulfate medication is held up on March 26. John Phillips | Getty Images Hospitalized Covid-19 patients treated with hydroxychloroquine, the malaria drug President Donald Trump says he’s taking to prevent the coronavirus, had a higher risk of death than those who didn’t take it, according to a study published Friday in The
Investors may want to brace for a tumultuous June. Federated Hermes’ Phil Orlando believes a “cleansing correction” could spark a 10% drop or more within weeks. “You’ve got some investors who are bearish by nature and got sucked into this 36% rally,” the firm’s chief equity market strategist told CNBC’s “Trading Nation” on Thursday. “If the
While many dog owners dream of training their dogs to fetch them beer, that’s just what golden retrievers Buddy, 3, and Barley, 1, are doing amid the Covid-19 pandemic. Mark and Karen Heuwetter, co-founders of Six Harbors Brewing Company in Huntington, a coastal town on Long Island, New York, were inspired to bring the dogs
Sheraton Grand Sacramento Hotel Source: Sheraton Grand Sacramento Hotel A small firm is looking to make a change at a real estate investment trust, an area typically tough for activism. Company: CIM Commercial Trust Corp. (CMCT) Business: Real estate investment trust that primarily acquires, owns, and operate Class A and office assets in the United States. Stock market
A driver and passenger wearing protective masks exit the ride sharing pickup area in a car displaying Uber Technologies signage at San Francisco International Airport in San Francisco, California, U.S., on Monday, May 4, 2020. Photographer: David Paul Morris/Bloomberg via Getty Images Bloomberg Leonardo Diaz is in a tough spot. Diaz, a driver for Uber
Heidi Bess, Owner of Candlelight Cottages in Bolton New York, said customers are anxious to get out of their house after being housebound for months. Source: Heidi Bess Memorial Day is the unofficial start of summer but the water parks are dry, amusement parks are shuttered and national parks are only beginning to reopen. For
PuroClean restoration specialists do deep Covid-19 cleaning for the Barlett Fire department in Tennessee. Steve White, the company’s president and COO, instituted protocols from day one to ensure business operations continue in case of any unforeseen disaster, something he learned as a former U.S. Army infantry officer. PuroClean If you want to see how an
CNBC’s Jim Cramer said Tuesday that large retailers in the U.S. such as Walmart benefited from the coronavirus-related restrictions on businesses, contending this week’s earnings reports will reflect the top-heavy nature of the economy. “It looks like the big guys won. You have them basically cordoned off as essential services. So many other companies, little companies, medium,
New York, USA – May 8, 2018: Wall Street sign near New York Stock Exchange with flags of the United States. ymgerman | iStock Editorial | Getty Images This is a live blog. Here’s what’s happening: 7:40 am: Oil drops more than 5% on demand concerns Oil prices moved lower on Friday after China abandoned its
The rise of artificial intelligence will make even software engineers less sought after. That’s because artificial intelligence will soon write its own software, according to Jack Dorsey, the tech billionaire boss of Twitter and Square. And that’s going to put some beginning-level software engineers in a tough spot. “We talk a lot about the self-driving
NEW YORK, UNITED STATES – 2020/03/26: View of Brooklyn office of NYS Department of Labor as unemployment claims in USA soared to 3.3 million in week ended March 21 because of COVID-19 pandemic. (Photo by Lev Radin/Pacific Press/LightRocket via Getty Images) Pacific Press Americans who are out of work may be getting a sizable unemployment
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