England’s top medical officer on Saturday announced that the U.K. has identified a new variant of the coronavirus that “can spread more quickly” than prior strains of the virus, leading Prime Minister Boris Johnson to impose fresh restrictions on parts of the nation to control its spread. “We’re learning about it as we go, but
Month: December 2020
getty Hundreds of thousands of small businesses and millions of people have been waiting for a second round of Paycheck Protection Program (“PPP”) loans to keep businesses and professionals operational. Congress will hopefully answer the prayers of these borrowers, their employees, and Warren Buffet by enacting the “Emergency Coronavirus Relief Act of 2020” next week.
Congressional Progressive Caucus members Rep. Pramila Jayapal, D-Wash., center, accompanied by Rep. … [+] Ilhan Omar, D-Minn., and Rep. Mark Pocan, D-Wis., speaks during a news conference on the targeted killing of Iran’s senior military commander Gen. Qassem Soleimani on Capitol Hill, in Washington, Wednesday, Jan. 8, 2020. (AP Photo/Jose Luis Magana) ASSOCIATED PRESS The
There is considerable evidence that all residents benefit from diverse, inclusive communities. getty In an effort to reverse the Trump administration’s legacy on weakening enforcement of fair housing laws, the National Fair Housing Alliance (NFHA) has released a detailed policy roadmap for the incoming Biden-Harris administration and the 117th Congress to ensure communities of color can bounce back in
wera Rodsawang | Moment | Getty Images As you check off your to-do list for the end of the year, don’t forget to look at your retirement savings. Whether it is an individual retirement account, an employer-sponsored plan like a 401(k) or a brokerage account, assessing your portfolio is crucial. That means checking to see
The Child, popularly known as “Baby Yoda,” is a character in the new Disney+ series, “The Mandalorian” Episodic Photos, Disney *This post contains spoilers for “The Mandalorian” season two.* When the final credits rolled on “Star Wars: The Rise of Skywalker,” fans who had eagerly awaited the final chapter in the Skywalker saga quickly split into two
Check out the companies making headlines in after hours trading. FedEx — Shares of the shipper slid more than 3% in after hours trading despite FedEx beating top and bottom line estimates during the second quarter. For the period the company earned $4.83 excluding items, on $20.56 billion in revenue. Analysts surveyed by Refinitiv expected
15th July 1992: Democratic politician and Governor of the state of New York, Mario Cuomo, … [+] addressing the Democratic convention and nominating Bill Clinton for the Democratic presidential nomination. (Photo by Rick Friedman/Consolidated News Pictures/Getty Images) Getty Images When I write about well-funded pension plans, it’s generally to make a plea for risk-sharing plans,
WASHINGTON, DC – DECEMBER 16: House Majority Leader Steny Hoyer (D-MD) walks out of the House … [+] Chamber and talks to reporters at the U.S. Capitol on December 16, 2020 in Washington, DC. House Speaker Nancy Pelosi hosted a meeting as congressional negotiations on spending and economic relief legislation continued. (Photo by Tasos Katopodis/Getty
Interest rates are the lowest they have ever been. Getty As we near the end of the year, mortgage interest rates continue to rock bottom yet again. Rates for a 30-year, fixed-rate loan closed out the week of December 17 at 2.67%, four basis points lower than the previous low of 2.71% seen for the
Randy Chase, 57, does masonry work on construction crews. With unemployment benefits stalled since April and no savings left, he’s been living in his pickup truck outside of Denver since September, using an electric heater to keep warm. Randy Chase Randy Chase has lived in his pickup truck for months. Luckily, the tiny cab of
Rick Gates, senior vice president of pharmacy and healthcare at Walgreens, told CNBC that getting vaccines to the general public “won’t be chaos” as the FDA authorized Moderna‘s Covid-19 vaccine for emergency use and set plans in motion to get states nearly 6 million doses by early next week. “What you’re going to see, is we’re going to be very thoughtful on
A Lufax flag on display during an event in Shanghai, China to launch the company’s initial public offering on the New York Stock Exchange. Arjun Kharpal | CNBC BEIJING — Investor appetite for Chinese companies in U.S. stock markets rose to a six-year high in 2020 despite tensions between the two countries. China-based companies raised
Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, Nov. 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images A surge in coronavirus cases in California has led to a four-month delay in the
Signage stands on the building of a Public Storage facility in San Francisco, California, U.S., on Friday, April 21, 2017. David Paul Morris | Bloomberg | Getty Images Elliott Associates sees a runway beneath Public Storage, and is pushing the self-storage company to boost investment and catch up to industry peers’ growth. The company is
Older Unemployed Workers Face Age Discrimination getty Unemployment has especially hurt older workers in this recession. Workers 55 years old and older are more likely to be unemployed and spend longer looking for a new job than is the case for younger workers. They also often experience discrimination. This exacerbates the mental stresses associated with
The popularity of cryptocurrency has been on the rise for years. But 2020 has been a very special year with many more retail investors getting exposure to bitcoin during the COVID-19 lockdown, public companies like MicroStrategy MSTR , Square SQ , and Grayscale beefing up their bitcoin holdings, and major fintech companies like PayPal PYPL
Truckee’s Donner Lake under the snow in winter. getty Embedded in the heart of Truckee, Calif., is a laid-back, ski resort town. But with a recent surge of new residents seeking a more placid lifestyle, the mountain community has grown a quiet sophistication, with newly-opened restaurants, a budding art scene and boutique shopping — all
Getty | Johner Images U.S. retirement savers may want to look to their elders for a cautionary tale about racking up debt: It might be with you well into your golden years. The share of people age 75 or older who lead a household and carry debt jumped to 51.4% in 2019 from 41.3% in
Jay Leno said he thinks the genius of Tesla‘s CEO Elon Musk is that “he was building the infrastructure as he was building the vehicle.” “Even today, a lot of the major manufacturers build an electric car, but, oh, where do you charge it?” Leno told the “The News with Shepard Smith” during a Friday
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