FILE – This May 31, 2020, file photo provided by the Hennepin County Sheriff shows former … [+] Minneapolis police officer Derek Chauvin, who was arrested Friday, May 29, in the May 25 death of George Floyd. Chauvin had more than a dozen misconduct complaints against him before he put his knee on George Floyd’s
Aimstock | Getty Images The Covid-19 pandemic has prompted more Americans to wonder if Social Security will be there when they retire. In a survey from Nationwide, 61% of adults of all generations said they are more worried now that Social Security will run out of funding. The reults come as many respondents said the
Cash-strapped entrepreneurs who took a federal Paycheck Protection Program loan and are running out of funding may get a second infusion of liquidity. The Senate’s HEALS Act, the Republican proposal for another round of coronavirus relief funding, includes a measure that would permit certain small-business owners to borrow from the program a second time. Sens.
Many travelers are familiar with UNESCO’s World Heritage List, which include both cultural and natural sites deemed to “be of outstanding universal value” by the U.N. agency. Less is known about the organization’s List of World Heritage in Danger. This list designates 53 World Heritage sites under threat of “serious and specific dangers” due to
The design duo’s latest collection for Living Spaces is chic and versatile. Living Spaces Finding beautifully designed, quality furniture at an accessible price point can be a challenge. But famed husbands and interior design duo, Nate Berkus and Jeremiah Brent just launched a new collection for Living Spaces that checks every box with chic, transitional pieces
JetBlue CEO Robin Hayes said Wednesday that the U.S. airline industry needs additional government aid, warning it may face “a day of reckoning” as the coronavirus pandemic continues to ravage travel demand. “As we get to the end of the first CARES Act period, through to September, we’re still going to be at a fraction of
Larry Culp, CEO, General Electric Scott Mlyn | CNBC General Electric reported on Wednesday a revenue figure for the second quarter that slightly beat analyst expectations, sending the stock higher. However, the industrial giant’s bottom line took a bigger-than-expected hit as the company weathers the coronavirus pandemic. Here’s how the company’s results compared to analyst expectations:
Automated teller machines of the three Singapore-listed banks: OCBC, DBS and UOB. Munshi Ahmed | Bloomberg | Getty Images Shares of Singapore’s top three banks tumbled in early trade Thursday after the country’s financial regulator asked lenders to cap dividends this year in light of the economic uncertainty, due in part to the coronavirus pandemic.
By Roger McIntosh, Next Avenue Contributor getty As our country braces against the ebb and flow of mandates to stay-at-home, we should give serious consideration to the repercussions of self-quarantine or isolation on the mental and physical well-being of those most vulnerable to Covid-19. As a health psychologist and expert in human immunodeficiency, I know
WASHINGTON, DC – JULY 28: Senate Majority Leader Mitch McConnell (R-KY) arrives at the Senate … [+] Republican policy luncheon. (Photo by Drew Angerer/Getty Images) Getty Images Looking forward to the great partisan battle over the next COVID-19 relief bill? You may be disappointed. Nancy Pelosi already has won. True, the $1 trillion Senate GOP
Residents of Imperial County in California wait in a bookkeeping shop in Calexico after filling out unemployment forms on July 24. Photo by Mario Tama/Getty Images Senate Republicans unveiled their plan to replace an extra $600-a-week boost in unemployment benefits on Monday. That subsidy — which the federal government has been paying on top of typical
Federal prosecutors are accusing a 29-year-old small business owner in Miami of spending some of the nearly $4 million in coronavirus relief aid he received from the government on a six-figure sports car, expensive jewelry and stays at luxury resorts. Federal officials arrested the man, David T. Hines, on Monday, charging him in Miami Federal
Couple and receptionist at counter in hotel wearing medical masks as precaution against virus. Young … [+] couple on a business trip doing check-in at the hotel Getty Prior to the Covid pandemic, hotel occupancy rates were hitting record highs and average daily rates (ADRs) were rising. Now, with the possible exception of restaurants and
The World Health Organization on Wednesday advised public officials against trying to achieve so-called herd immunity to the coronavirus by allowing it to rapidly spread throughout their communities, saying it will overwhelm hospitals and kill a lot of people. Herd immunity is necessary to really contain a virus, according to epidemiologists. That is generally achieved
Boeing 737 MAX airplanes, along with one Boeing 787 at top, are parked at Grant County International Airport October 23, 2019 in Moses Lake, Washington. David Ryder | Getty Images Boeing reported a $2.4 billion loss for the second quarter Wednesday and said it plans to slow production of its main commercial aircraft as the coronavirus
A cyclist passes by the New York Stock Exchange in New York, on May 26, 2020. Wang Ying | Xinhua News Agency | Getty Images U.S. stock futures rose on Wednesday night following a session in which the major averages posted solid gains as the Federal Reserve pledged to maintain current stimulative measures. Dow Jones
TOPLINE Senate Republicans unveiled a new coronavirus relief proposal Monday that would replace the extra weekly $600 unemployment aid (which end this week) with a 70% wage-replacement program—but state labor departments are scrambling to figure out how their overwrought systems would handle the payments. House Speaker Nancy Pelosi (D-Calif.) called for an extension of unemployment
TOPLINE The market finished higher on Wednesday as investors cheered the Federal Reserve’s decision to keep interest rates near zero and shares of Big Tech stocks rallied. Federal Reserve Chairman Jerome Powell at a House testimony last month. Tasos Katopodis/Getty Images KEY FACTS The Dow Jones Industrial Average was up 0.6%, over 150 points, on
Sen. Mitt Romney, R-Utah, stops to speak to reporters as he arrives for the Senate Republicans weekly lunch on Tuesday, June, 9, 2020. Bill Clark | CQ-Roll Call | Getty Images While Washington lawmakers negotiate over how much money to inject into a U.S. economy battered by Covid-19, one group of politicians hopes to also
As Jeff Bezos defends Amazon‘s largess in front of the U.S. House Committee on the Judiciary on Wednesday (“Just like the world needs small companies, it also needs large ones,” his prepared remarks read), his ex-wife MacKenzie Scott has announced an update on her own efforts to dismantle the mountain of money and privilege on which