Month: August 2021

In this article 1735-TW Erin Scott/Bloomberg via Getty Images The Labor Department is pumping $240 million into the nation’s unemployment system to fight ongoing fraud, part of a broader effort to fix flaws in the system exposed by the Covid pandemic. Criminals have targeted unemployment benefits at a high rate since spring 2020, after federal
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Topline The Senate on Wednesday set the stage for the biggest expansion of the federal social safety net since the advent of modern-day food stamps, Medicare and Medicaid in the 1960s, approving a blueprint for a massive $3.5 trillion budget bill aimed at “restoring the middle class” through a slew of government initiatives—including universal preschool,
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Kyle Little, chief operating officer at New York-based wholesale distributor Sherwood Lumber, told CNBC on Thursday that the recent slide in lumber prices has rekindled demand after a massive runup earlier this year challenged the affordability of building projects. “Over the last three weeks we’ve seen renewed interest,” the industry veteran and former lumber trader
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Today’s column addresses questions about whether it would be worth it for a spouse to continue working so that could draw their own Social Security retirement benefit, whether working more can increase an existing benefit and survivor’s benefits after remarriage at 60. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
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Set on close to two acres with ocean, island and mountain views, this Mediterranean mansion in a wealthy enclave of Santa Barbara, California, has several claims to fame. It’s been the personal residence and restoration project of actress-writer-producer Kathleen McClellan, whose credits include “For Better or for Worse,” “The Bold and the Beautiful” and a
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Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks during a Senate Health, Education, Labor, and Pensions Committee hearing at the Dirksen Senate Office Building in Washington, D.C., U.S., July 20, 2021. Stefani Reynolds | Reutesr White House chief medical advisor Dr. Anthony Fauci said Thursday it is “likely” everybody
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Palantir Technologies CEO Alex Karp arrives at the “Tech for Good” Summit in Paris, France May 15, 2019. Charles Platiau | Reuters Data-analytics company Palantir released its second-quarter earnings, beating Wall Street’s expectations for revenue and giving upbeat guidance for the current quarter. Shares of the company were up more than 5% premarket. Here’s how
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