Month: October 2020

More than 637 million people traveled within China over the past week in celebration of the country’s annual “Golden Week,” the country’s government said on Friday. The government estimates domestic travelers generated around 466 billion yuan ($68.6 billion) in tourism revenue during the holiday period. Two holidays converged this year: National Day, which celebrates the founding
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A medical worker takes a nasal swab sample from a student to test for COVID-19 at the Brooklyn Health Medical Alliance urgent care pop up testing site as infection rates spike on October 8, 2020 in New York City. Angela Weiss | AFP | Getty Images California-based lab test manufacturer GenMark Diagnostics announced Thursday that the Food
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J.P. Morgan Securities’ Colleen O’Callaghan is taking steps to protect portfolios from an economic setback. O’Callaghan warns the domino effect from coronavirus aid gridlock on Capitol Hill is the biggest risk facing Wall Street right now. As a result, she’s increasing cash exposure for her ultra-high net worth clients. “What we’ve been working to do
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Susan G. Komen’s More Than Pink Walk in Atlanta in 2018 Source: Susan G. Komen Breast Cancer Awareness Month is usually marked by galas, walks and other fundraising events. This year, it’s eerily silent.  The coronavirus pandemic has pushed those events online, or caused them to be cancelled. The impact could be devastating for nonprofits
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Kirby Hamilton | Getty Images For some small-business owners, watching their larger peers file for bankruptcy may do little to ease fears about their own financial solvency. With the coronavirus pandemic continuing to take a toll on the economy, Ruby Tuesday has become the latest large restaurant chain to seek protection under the U.S. bankruptcy code.
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WASHINGTON, DC – OCTOBER 08: Speaker of the House Rep. Nancy Pelosi (D-CA) during the Weekly News … [+] Conference on Capitol Hill on October 08, 2020 in Washington, DC. Pelosi spoke on the uncertainty around negotiations of another emergency COVID-19 relief package. (Photo by Tasos Katopodis/Getty Images) Getty Images Will President Trump put together
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Economic Security Planning, Inc. Today’s column addresses questions about whether losing benefits to the earnings test will increase the family maximum at full retirement age, verifying past wages along with what wages are counted for Social Security and the family maximum’s potential effects on children’s benefits. Larry Kotlikoff is a Professor of Economics at Boston
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Brooklyn is foundational to NYC’s recovery. Ariel Property Advisors On September 22, Industry City’s proposed rezoning and expansion joined Amazon HQ2 in Queens as another major multi-faceted neighborhood development to be scrapped after community opposition and a lack of support from local officials. These reversals of fortune for major developments represent a sea change in
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Alex Azar, secretary of Health and Human Services (HHS), wears a protective mask during a House Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C., U.S., on Friday, Oct. 2, 2020. Azar is appearing before the committee to testify on the coronavirus crisis and the Trump administration’s portrayal of Covid-19 deaths. Photographer: Michael A.
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A employee moves pizza boxes before a delivery at a Domino’s Pizza Inc. restaurant in Chantilly, Virginia. Andrew Harrer | Bloomberg | Getty Images Domino’s Pizza on Thursday reported that its quarterly revenue rose 17.9%, led by more U.S. customers ordering pizza delivery during the coronavirus pandemic. But earnings fell short of expectations, hurt by higher
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CNBC’s Jim Cramer on Thursday advised investors to not buy shares of Regeneron Pharmaceuticals, simply because President Donald Trump touted the company’s potential coronavirus treatment.  Regeneron’s stock was higher by 2% on Thursday. In a video posted Wednesday, Trump claimed that Regeneron’s experimental antibody treatment for Covid-19, which the president received for his illness, was “a cure.” 
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