The World Health Organization said Thursday there is “no evidence” the coronavirus is being transmitted through food. Researchers in China are studying the issue, and the international agency is tracking their findings, Dr. Mike Ryan, executive director of the WHO’s emergencies program, said during a press conference at the agency’s Geneva headquarters. But right now
New Zealand is considering negative interest rates, as it grapples with the severe economic impact caused by the coronavirus pandemic. In its interest rate decision this week, the central bank maintained its official cash rate at 0.25%, but also raised the possibility of going into negative territory. “The severe global economic disruption caused by the
Kamala Harris made history on Tuesday as the first Black woman and the first Asian American to be selected as a the vice presidential candidate for a major party in the U.S., when presumptive Democratic presidential nominee Joe Biden announced her as his running mate. Harris, 55, who is the daughter of immigrants — her father
President Donald Trump in the Cabinet Room of the White House on Aug. 3. Doug Mills-Pool/Getty Images) President Donald Trump signed a measure on Saturday to boost unemployment pay by up to $400 a week. That could help millions of jobless Americans pay their bills at a time when job prospects are slim and prior relief —
As the U.S. and Chinese governments battle over the fate of TikTok, with tech giants including Microsoft vying to acquire the popular social media app, advertising guru Gary Vaynerchuk says small business owners also have a big TikTok opportunity to exploit. “It’s really hard to go on Twitter, Instagram, YouTube, or Facebook right now and
Despite average January temperatures that drop below zero, Fargo is the only city that’s been on Forbes’ Best Places to Retire list 10 years in a row. The grisly Oscar-nominated comedy Fargo opens with a blinding white landscape, the fog of a blizzard obscuring flat plains blanketed with snow as far as the eye can
Forbes compared more than 750 locales in America, measuring everything from housing costs and taxes to healthcare and air quality. These are the top 25 cities for retirees. Before the Covid-19 pandemic, Timur and Pamela Lacey had flown from their Los Angeles-area home to Austin and Atlanta and were planning trips to Dallas, Savannah, Ga.,
Manhattan rents declined more than 3% last month, the largest year-over-year drop since the Great … [+] Recession. getty It’s no secret that rents in New York City are falling, but a new report predicts that they could fall much farther over the next year, prompted by a combination of job losses and rising inventory.
The Trump administration on Thursday weakened Obama-era regulations designed to reduce climate-warming methane gas emissions from oil and gas fields. The Environmental Protection Agency’s new rule, which has been in progress for over a year, would eliminate federal requirements for oil and gas companies to monitor and repair methane leaks from pipelines, storage facilities and
A powerful push in innovation is creating excitement among venture capitalists. Early stage angel investor Nidhi Chadda of Enzo Advisors finds the coronavirus fallout is producing a seismic shift in how the world does business, and she believes much of it will be permanent. “Over the past several years regardless of which industry we’ve been
Shoppers walk past a Coach outlet store. Luke Sharrett | Bloomberg | Getty Images Coach and Kate Spade owner Tapestry said Thursday its sales online during the latest quarter surged a triple-digit percentage from a year ago, as consumers stuck at home during the coronavirus pandemic flocked to its websites for handbags, pajamas and other whimsical accessories.
Saul Loeb | AFP | Getty Images Congress is at an impasse when it comes to how to help millions of Americans recover from the economic fallout of the coronavirus pandemic. Now, a report from Democrats on the Joint Economic Committee of Congress shows that one group — workers age 55 and older — are
The Small Business Administration opened the forgiveness portal for its Paycheck Protection Program loans this week, but companies may want to think twice before rushing in. The CARES Act made these PPP loans available to cash-strapped small businesses starting on April 3. Since then, more than 5 million loans have been approved, accounting for $525
Most pre-retirees badly underestimate their health care costs in retirement. While no individual has any idea what his health care needs are at some distant point, a look at the averages is pretty frightening. Medicare has significant gaps in coverage. Let’s say a couple both age 65 retired today. They would need an additional $285,000
Palestinian fighters with Ezz-Al Din Al-Qassam Brigades, the armed wing of the Hamas movement, rest … [+] on a sidewalk during a patrol in Khan Yunis in the southern Gaza Strip on January 26, 2020. (Photo by SAID KHATIB / AFP) (Photo by SAID KHATIB/AFP via Getty Images) AFP via Getty Images The Justice Department has
With China minting so many technology and healthcare billionaires of late, it’s easy to forget that the real estate industry is the main source of wealth for many of the country’s richest. China’s urbanization rate, an indicator of real estate demand, increased to more than 60% last year from only about a fifth in the
American Airlines passenger planes crowd a runway where they are parked due to flight reductions to slow the spread of coronavirus disease (COVID-19), at Tulsa International Airport in Tulsa, Oklahoma, U.S. March 23, 2020. Nick Oxford | Reuters American Airlines is preparing to scrap flights serving two-dozen medium and small cities as the expiration of federal
Senator Kamala Harris, presumptive Democratic vice presidential nominee, speaks as former Vice President Joe Biden, presumptive Democratic presidential nominee, right, listens during a campaign event in Wilmington, Delaware, on Wednesday, Aug. 12, 2020. Stefani Reynolds | Bloomberg | Getty Images Democratic vice-presidential candidate Sen. Kamala Harris on Wednesday blamed President Donald Trump for the severity
Members of the American Red Cross remove influenza victims in 1918. St. Louis Post-Dispatch | Tribune News Service via Getty Images The coronavirus is at least as deadly as the 1918 flu pandemic and the death toll could even be worse if world leaders and public health officials fail to adequately contain it, researchers warned in
Chuck Robbins, chief executive officer of Cisco Technologies Inc., pauses during a panel session on day two of the World Economic Forum in Davos, Switzerland, on Jan. 22, 2020. Jason Alden | Bloomberg | Getty Images Cisco shares fell about 6% in extended trading on Wednesday after the maker of computer networking equipment provided a