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    Federal Reserve chairman Jerome Powell says US interest rates will stay near zero until there is a return to 'maximum employment' and regular inflation rates after the economic crisis triggered by the pandemic.  Powell said he expected inflation to 'move up during the course of this year' because of 're-opening effects' when consumers begin spending money again.  But he told a Wall Street Journal forum that 'maximum employment' was a 'big thing to get to, and it will take some time to get there'.  The Congressional Budget Office predicts the US economy will grow by 4.6 per cent  in 2021 but expects unemployment to remain above pre-crisis levels at 5.3 per cent.  Federal Reserve chair Jerome Powell, pictured, says the central bank will keep US interest rates low until employment and inflation return to regular levels  Families are thought to be sitting on as much as $1.5trillion in savings during...
    By Lisa Mascaro and Zeke Miller | Associated Press WASHINGTON — President Joe Biden and Democrats in Congress are jamming their agenda forward with a sense of urgency, an unapologetically partisan approach based on the calculation that it’s better to advance the giant COVID-19 rescue package and other priorities than waste time courting Republicans who may never compromise. The pandemic is driving the crush of legislative action, but so are the still-raw emotions from the U.S. Capitol siege as well as the hard lessons of the last time Democrats had the sweep of party control of Washington. Republicans are mounting blockades of Biden’s agenda just as they did during the devastating 2009 financial crisis with Barack Obama. Democrats, in turn, are showing little patience for the GOP objections and entertaining few overtures toward compromise, claiming the majority of the country supports their agenda. With fragile majorities in the House...
    VALENCIA could reportedly be forced to sell West Ham target Goncalo Guedes this summer. O Jogo claims another miserable transfer market is on the horizon for the cash-strapped LaLiga outfit after owner Peter Lim withdrew his funding last year. 1Valencia could be forced to sell West Ham Goncalo Guedes this summerCredit: Getty Images - Getty And West Ham are ready to take advantage by signing Portugal international Guedes on a bargain deal, adds Fichajes. The versatile forward has been one of Valencia’s best players since his 2017 switch from Paris Saint-Germain, scoring 16 goals in 102 games. However, finances remain tight at the Spanish side despite offloading several key figures last summer. And Guedes may be part of the next wave of exits as Valencia look to avoid a disastrous relegation. West Ham are in the market for a new forward and Guedes ticks all the boxes for David Moyes,...
    Last year, from the start of the coronavirus crisis, Lufthansa was one of the first air transport groups to sharply reduce its capacity, long before this outcome became inevitable for all airlines around the world. . With the recovery looming, will the group go the other way by planning to put its capacities back into service relatively high compared to the health context and the forecasts of the international air transport association? Ready to position 70% of its pre-crisis capacities in the short term In any case, the group is in the starting blocks. This Thursday, on the occasion of the publication of the 2020 financial results marked by an operating loss of 5.5 billion euros, the Lufthansa group made up of the eponymous company but also of Swiss, Austrian Airlines and Brussels Airlines, s ‘is said to be ready to return up to 70% … Follow...
    When Jason Knauf left the Treasury to go and work for RBS — the bank that had been bailed out with £45 billion of taxpayers' money following the 2008 financial crisis — he was dubbed 'gamekeeper turned poacher'. But his silky skills in crisis management were never tested there as they were in his next big job — working for Prince Harry and the Duchess of Sussex. Yesterday, the quietly spoken American was revealed to have been the author of a sensational bullying complaint against former actress Meghan, which threatens a new royal crisis every bit as divisive as the War of the Waleses. A sensational bullying complaint against former actress Meghan threatens a new royal crisis every bit as divisive as the War of the Waleses That, of course, was the bitter and acrimonious battle for public sympathy waged between Princess Diana and Prince Charles throughout the 1990s....
    (CNN)In December, following the Thanksgiving holiday when lockdowns again became necessary because millions of people selfishly decided to ignore Covid-19 guidelines, the economy lost 140,000 jobs. On its own, that's bad enough, but it's not even close to the whole story. The truly shocking part is that women made up 100% of those job losses, losing a total of 156,000 jobs, while men gained 16,000 jobs that month. While women fared better than men in the January jobs report, 275,000 left the labor force that month. Alyssa Milano These statistics are illustrative of just how severely this pandemic is affecting women. This why I support the Marshall Plan for Moms, which attempts to bring equity back to women and the labor force. Its most discussed feature -- a short-term monthly payment to moms to compensate for the unpaid and often invisible labor we are doing -- is so important, but...
    Former Acting Commissioner of Customs and Border Protection (CBP) Mark Morgan says President Joe Biden’s border policies are emboldening cartels and smugglers to bring children to the border and “it’s almost too late” to avert a crisis. “Bill, it’s almost too late … because this administration has absolutely dismantled and destroyed every effective policy that had reduced the flow,” Mark Morgan told Fox News’ “America’s Newsroom.” “Like you said this time last year, it is over 100% increase in minors alone [at the border],” he continued. “If you want to talk about cruelty, look … this country right now, Bill, is actually encouraging and facilitating and incentivizing moms and dads in countries in the western hemisphere to hand their kids over to cartels and smuggling organizations to make the dangerous trek during the middle of the global pandemic to illegally enter this country.” WATCH: Biden’s immigration reforms could create...
    Essential jobs take many forms. When it comes to transporting goods, about 15.5 million trucks are operating in the U.S. moving vital freight across the country. And every truck needs a driver. Eight years ago, April Coolidge — then in her mid-40s — decided to stop selling real estate and start driving a truck. As a single mother, she didn't want to take out loans to go to college and she needed to start earning money without years of training.  Coolidge's father was a truck driver, so she turned to him for advice. Now, she works for Walmart Transportation, where drivers start out making $87,500 a year on average. Since the coronavirus outbreak, Coolidge is working overtime to help keep store shelves stocked. But the pandemic has also presented some unique challenges.  Check out this video to learn more about Coolidge's story and how the Covid-19 outbreak has changed her time...
    The Biden administration reportedly expects an unprecedented surge of unaccompanied migrant children showing up on the southern border in hopes of being admitted into the United States during its first year in office. Border officials anticipate 117,00 children will arrive at the U.S.-Mexico border without a parent or guardian in 2021, Axios reported Tuesday. The number is higher than the 68,000 taken into custody during the 2014 surge of solo children and the 80,000 during the 2019 humanitarian crisis at the border. This is a developing story. News National Security DHS Biden Administration Joe Biden Jen Psaki White House Unaccompanied Minors Immigration Border
    Fox News anchor Chris Wallace pressed White House press secretary Jen Psaki on Sunday about whether President Joe Biden’s administration is “contributing” to the crisis at the United States-Mexico border. The onset of Biden’s presidency has reportedly sparked an influx of migrants from Central America. Meanwhile, the president’s administration has come under fire of late for opening a temporary facility for unaccompanied migrant children that was harshly criticized when it was open under former President Donald Trump. “Isn’t the Biden administration contributing to this crisis by reversing the Trump policy which called for immediately returning migrant children who crossed the country, unaccompanied children who cross the border by themselves,” Wallace asked Psaki during an interview on “Fox News Sunday.” “Border patrol officials are saying that you are creating a surge, and that by May we could see a bigger surge than we saw during the worst moments of the 2019...
    (CNN)Two overlapping crises have our country in a literal death grip: the Covid-19 pandemic that has killed more than 500,000 people, and the crushing economic downturn.We believe there's something that can help. Building a new public health workforce will provide permanent, quality jobs to bolster neglected health systems; create new career pathways, particularly for women and people of color; and ensure greater health equity in the Black and brown communities hardest hit by the virus.Over the last year, Covid-19 has laid bare the failures of our health system, which invests enormous sums in treating illness and paltry sums in preventing it. With limited staff and funding, state and local authorities are struggling to keep pace with testing, contact tracing, and supporting isolating and quarantining Covid-19 patients. Now, those same strapped governments are also being asked to ramp up complex vaccination campaigns. To mount a public health response of appropriate scale...
    The rumor appeared last week but has been fueled by images that show a rather affectionate attitude. The crisis that several Australian media assure that Elsa Pataky and Chris Hemsworth are experiencing, who have three children in common (India Rose, 9, and the twins Tristan and Sasha, 6), it would respond to a specific name and surname: Pom Klementieff. According to the press at the other end of the globe, after more than twelve years of love with the 44-year-old interpreter from Madrid, the actor would now have an affair with his co-star in the new (and fourth) film Thor: Love and Thunder, since Pom Klementieff is well known to fans of the Marvel Cinematic Universe since he appeared embodying Mantis in Guardians of the Galaxy Vol. 2. The bomb has exploded after the publication by Woman’s Day, an Australian publication, of some photographs in which Chris is observed quite...
    In the week leading up to President Biden’s inauguration, caravans of migrants began making their way to the United States fueled by his rhetoric. This is the direct result of the policies Biden preached on the campaign trail and the executive orders implemented in the early days of his administration.   Our Central American partners will only be able to hold the line on stopping these caravans for so long before efforts become futile. This is not hyperbole or alarmist talk but simply undeniable recognition that we are on the precipice of a full-fledged border crisis.   Biden wasted no time pulling out his pen and unraveling policies critical to our national security, border security and immigration enforcement. From pausing deportations, to halting border wall construction and ending the "Remain in Mexico" policy, the president slapped an "open" sign on our border – during a global pandemic.   NEWT GINGRICH: JOE BIDEN IS TRUMPISM'S BEST ASSET --...
    Mother Jones illustration; University of Michigan; Wikimedia Let our journalists help you make sense of the noise: Subscribe to the Mother Jones Daily newsletter and get a recap of news that matters.Two years after the 2008 financial crisis, a government commission began releasing their findings on the causes of the worst economic downturn in nearly a century. In 19 public hearings and through 663 pages of text, the investigators faulted an array of players, including financial institutions and multiple presidential administrations. But a major focus of blame fell on the government regulators that had allowed mortgage-lending standards to collapse, leading to the financial ruin of major banks and hundreds of thousands of households. One such regulator was the Office of the Comptroller of the Currency, a little-known federal office charged with supervising nationally chartered banks. The commission concluded the OCC had spent years protecting its authority by working to quash state...
    Nike, together with other important brands, have become key pieces in industries such as sports, where it is possible to find more and more better commercial references. Today without a doubt we are in a moment of great value in the market, because of how important it has become for many. We undoubtedly expect guidelines in the market to help us understand the value of the decisions that firms like Nike make. Large companies like Nike are examples of how to run a business and show on many occasions, with all the decisions they make, the state in which these businesses are. There are undoubtedly more and more relevant references, in order to understand the power of a brand and the influence it has through a contract, in which the brand capacity it has and the value it tries to impose is revealed. before the consumer. We are undoubtedly witnessing...
    LA TRIBUNE – One year after the start of the crisis, how is the regional economy doing? RENAUD MUSELIER – We were confronted with a health crisis with rebound which led to an extremely violent economic crisis, with a social crisis that we are measuring and with a fourth crisis which is looming on the horizon and which strikes insidiously, it is the psychological crisis. The whole is linked. Just before the start of the crisis, we had progress in all areas of expertise, internationally, at European level, at the level of industries, small businesses, tourism … The entire economic system was progressing in 2019. All the indicators had gone green, with an acceleration, whether concerning the new economy, the industrial component, everything was in working order. We are now one year later, after an exercise in which the region reinjected 1.8 billion euros into the economy. This has...
    Federal law enforcement at the southern border encountered more than 78,000 people in January attempting to illegally enter the United States from Mexico, the highest number since the humanitarian crisis in the summer of 2019. “This is not the time to come,” Troy Miller, senior official performing the duties of U.S. Customs and Border Protection commissioner, said in a statement issued late Wednesday. The 78,000 people encountered in January more than doubles the 36,000 during January 2020. Half of all people encountered last month were adults from Mexico, a change from the majority of families who showed up on the border in 2019. Approximately 75,000 of the 78,000 tried to cross illegally and were apprehended by Border Patrol agents who are stationed between official crossing points where vehicles and pedestrians are supposed to pass through to enter the U.S. The remaining 3,000 people were denied by CBP Office of...
    EVEN when they reopen, pubs will need all the Government help they can get. So many are in dire straits. ???? Read our coronavirus live blog for the latest news & updates 1Pubs will need all the Government help they can get when they reopenCredit: Alamy Live News So Rishi Sunak should extend his VAT cut, to five per cent for hospitality firms, for the rest of the year and maybe beyond. Jabs look set to end this crisis. A VAT cut will be the shot in the arm our pubs need. Most read in NewsFEARS FOR RUSHRush Limbaugh fans pray for recovery as he fights lung cancer & misses showAXE BLOODBATHWoman 'killed and chopped up with an axe and chainsaw by drunk pal’TAXING TIMESWhy you need to start filing taxes in 2 days if you need stimulus moneyCLINIC CHAOS'Beautiful' med assistant 'killed by gunman who threatened shooting 2yrs...
    WASHINGTON — President Biden gave some seemingly contradictory answers Monday to questions about the coronavirus pandemic that has shuttered vast segments of the economy, saying he believed mass vaccinations would start happening in spring while also warning: “We’re in this for a while.” The commander in chief was pressed by reporters on the nation’s lagging COVID-19 vaccination efforts during a signing event for a new executive order strengthening US manufacturing. “I am going to shut down the virus but I never said I’d do it in two months,” Biden said when pressed on his previous vows to crush the virus, which have been replaced by warnings of a dark winter and thousands more deaths. “I said it took a long time to get here. It’s going to take a long time to beat it,” he went on. Biden, who has only been in office five days, touted the nation’s...
    More On: joe biden How the media earn distrust and other commentary NJ Congressman asks Biden to fire US Postal Service board HHS pick walks back Biden’s ‘nothing we can do’ on COVID-19 claim Biden to ‘speed up’ putting Harriet Tubman on $20 bill WASHINGTON — President Biden gave some seemingly contradictory answers Monday to questions about the coronavirus pandemic that has shuttered vast segments of the economy, saying he believed mass vaccinations would start happening in spring while also warning: “We’re in this for a while.” The commander in chief was pressed by reporters on the nation’s lagging COVID-19 vaccination efforts during a signing event for a new executive order strengthening US manufacturing. “I am going to shut down the virus but I never said I’d do it in two months,” Biden said when pressed on his previous vows to crush the virus, which have been replaced by...
    Coronavirus updates: Biden outlines COVID plan, requires masks on flights; Fauci feels liberated on Biden team 60 victims, mostly young girls, caught undressing on hidden camera in Tennessee gym These $19k SUVs Will Make You Trade in Your Car Ad Microsoft The Highest Paying Cash Back Card Has Hit The Market Ad Microsoft 16 Highly Unnecessary Things People Waste Money On (You’re Guilty Of Many) Ad Microsoft Full screen 1/30 SLIDES © Malochka Mikalai / Shutterstock.com The U.S. is slogging through one of the...
    Reuters January 21, 2021 0 Comments Joe Biden was sworn in as president of the United States on Wednesday, offering a message of unity and restoration to a deeply divided country reeling from a battered economy and a raging coronavirus pandemic that has killed more than 400,000 Americans. Standing on the steps of the U.S. Capitol two weeks after a mob of then-President Donald Trump’s supporters stormed the building, Biden called for a return to civic decency in an inaugural address marking the end of Trump’s tempestuous four-year term. “To overcome these challenges, to restore the soul and secure the future of America, requires so much more than words. It requires the most elusive of all things in a democracy: unity,” Biden, a Democrat, said after taking the oath of office. “We must end this uncivil war that pits red against blue, rural versus urban, conservative versus liberal. We...
    Of all the disappointments of the five-year term, that of the lack of state reform is the most worrying. “Everything must change so that nothing changes”, said Lampedusa’s account in the Cheetah. The enarchic and administrative king is naked Yet the urgent need for this state reform has never been so glaring: with the health collapse of France during the Covid crisis, its gruesome management by politicians and administrations, the lack of everything (masks , medical devices, gels, vaccine tests) … the enarchic and administrative king is naked. How to tolerate such a level of inefficiency with public spending which in 2020 will beat the world record at 64% of GDP? Compulsory deductions which are in the process of exceeding 50% of the GDP, against 30% at the time of General de Gaulle! a time when not only the French were well looked after and had solid pensions, but...
    New York (CNN Business)It's tempting to think now that 2020 is over, the economy will soon snap back to normal. But that's still far off: Americans aren't spending as much as they used to. Millions remain unemployed. For an economy that runs on consumer spending, that's a huge issue.The recovery — and the return to public life — hinges on the coronavirus vaccine rollout. It could take much of 2021 for most Americans to get inoculated, however, and that means life won't change for many households any time soon as people who can continue to work from home and some schools remain shuttered.Those restrictions aimed at slowing the spread weigh heavily on consumer spending, which drives roughly two-thirds of the US economy. The reason is simple: if you mostly stay at home, you spend less money.For the overall economy, that likely means more sluggishness before the great return to normal...
    Pentagon and DC officials trade barbs over handling of Capitol riot as Army considers arming National Guard in city Merkel Sees Hard Time Ahead; U.S. Infections Surge: Virus Update Reflation nation? This time, post-crisis tailwinds favor banks, and the economy © MarketWatch photo illustration/Getty Images MARKET SNAPSHOT Load Error A decade ago, banks were at the heart of the financial crisis that led to the Great Recession. Lenders like banks enabled the mortgage market froth that brought the financial system to its knees, and after the bubble burst, they were dogged for years by slack demand, stricter regulation, and low interest rates. Things couldn’t be more different now. Banks were arguably overcapitalized when the corona-crisis erupted, and they made it through the crisis better than anyone could have hoped. Now they look set to ride a historic rebound in lockstep with the economy, instead of being an albatross...
    Istanbul, Turkey (CNN)The events that unfolded in Washington DC on Wednesday are not the same as what happens elsewhere, in countries often referred to as "third world" or "developing" or "over there." Those are places where, lest we forget, the United States has often meddled or invaded under the auspices of bringing democracy. Sure there are superficial similarities in the videos of rioters storming the US Capitol and, say, the moment that Shiite protesters stormed Iraq's parliament back in 2016. In Iraq then, the protesters were up in arms over parliament's deadlock over the formation of a government and were demanding a reshuffle of a proposed cabinet. They were largely supporters of radical Shiite cleric Muqtada al-Sadr -- egged on and incited to protest by him. Insurrection fueled by conspiracy groups, extremists and fringe movementsTake a shot of tear gas and flash bangs from DC and you can draw a...
    California is now the epicenter of the coronavirus pandemic in the US setting a nationwide record with over 50,000 new infections Thursday and over 100,000 new cases over the past 48 hours. Over the past week alone the Golden State recorded more than 250,000 new infections, according to the COVID Tracking Project. If California were a country it would surpass India, Germany and Britain in new COVID-19 cases, as per the Washington Post. On Thursday the state also set a new daily deaths record with 379 new fatalities, surpassing the previous high of 293 the day prior, for a total of 21,860 virus-related deaths since the start of the pandemic.  As of Thursday more than 1.7million cases of COVID-19 have been reported in the state since the start of the pandemic and the state has a seven-day positivity rate of 12.8 percent. Hospitals have become overwhelmed with patients and the intensive...
    London (CNN)On December 12, 2019, Boris Johnson fulfilled his destiny.After three years of political deadlock had failed to deliver on the UK's vote to leave the European Union, the figurehead of Brexit won a landslide general election, giving him a parliamentary majority large enough to reshape the nation.Brexit's true believers celebrated: Their messiah would now be able to finish the job he had started in 2016. Johnson had seemingly unified a bitterly divided Conservative party -- whose days in government during Theresa May's premiership had appeared numbered just months before. The good will Johnson's lawmakers held for their leader was palpable.A scant 12 months later, much of that goodwill has vanished -- despite his party continuing to perform well in opinion polls compared to the opposition Labour Party.A no-deal Brexit will destroy 300,000 jobs and push up food pricesRead MoreThe Brexiteers who celebrated Johnson's victory now fear a sell-out at...
    As the world fights the novel coronavirus pandemic, it appears that India may soon have another health crisis on its hands as hundreds of people have reportedly been infected with a “mystery illness.” According to The Indian Express, around 300 people have reported symptoms of the unknown disease in the Eluru region in Andhra Pradesh. Of the 300 infected, around 140 were later admitted to the hospital because of the concerning symptoms. According to doctors, these include nausea, seizures, and even falling unconscious. A large portion of those who have fallen ill are children, with some as young as four-years-old. “The people who fell sick, especially the children, suddenly started vomiting after complaining of burning eyes. Some of them fainted or suffered bouts of seizures. Some were in critical condition when they were brought in on Saturday, but now all of them are safe,” one medical officer said. Though some...
    (CNN)For someone so adept at kicking the legs out from under his political opponents, Canadian Prime Minister Justin Trudeau surprisingly didn't spot a potentially catastrophic political crisis approaching in the rear-view mirror. Last week, Canadians were exasperated after being told by federal public health officials and then Trudeau that the majority of them are not expected to be vaccinated against the deadly Covid-19 virus until September or even as late as December 2021. This is possibly months after people in other G7 countries that manufacture vaccines are expected to have access -- places such as the United States, Germany and the United Kingdom.Michael Bociurkiw"The very first vaccines that roll off an assembly line in a given country are likely to be given to citizens of that particular country," Trudeau said. "Countries like the United States, Germany and the UK do have domestic pharmaceutical facilities, which is why they're obviously going...
    ON THIS DAY IN 1863, the Brooklyn Daily Eagle reported, “In conformity with the conjoined request of President Lincoln and our own authorities, yesterday was observed for thanksgiving and prayer. Its observance was very general, all places of business being closed, the issuing of newspapers being suspended and the places of worship in all sections of the town being open for service. A more beautiful day was rarely known, and the general tone of gratitude harmonizing gracefully with the beauties of the outer world was heighted to the utmost by the cheering news sent from Grant at Lookout mountain and conveyed by successive Eagle extras to the thousands of expectant hearts in Brooklyn.” *** ON THIS DAY IN 1938, the Eagle reported, “A few weeks ago when Orson Welles put on his radio version of the ‘War of the Worlds,’ the nation was swept into widespread panic as thousands of...
    COVID-19 : The health crisis has pushed part of the population into poverty. To help these millions of French people make ends meet, the Caisse d’Allocation Familiale (Caf) is preparing to pay, this Friday, exceptional solidarity aid to its beneficiaries. On October 14, the government presented this new solidarity device. From now on, its payment is imminent. From this Friday, November 27, “4 million families and 1.3 million young people will be helped” thanks to assistance paid automatically to their bank account. But concretely, who is concerned? These are the beneficiaries of the active solidarity income (RSA) and the specific solidarity allowance, scholarship students and those under 25 as well as young people under 25 who are not students who receive housing allowances (APL ). All those affected by this system have been or will soon be informed by mail or email. Photo: sylv1rob1...
    (CNN)It took just 10 minutes for Regina Status to pick up her Thanksgiving basket in front of her Bronx, New York, apartment. A last-minute delivery from Agatha House Foundation, a local food pantry, arrived just in time.But in those few minutes, Status slowly pushed her food cart, fighting the cold and the whipping wind she said took her breath away. In many ways it represents her life over the past few months.Status is one of 50 million Americans who won't have enough to eat this year, in part because of the pandemic. According to Feeding America, the largest hunger relief group in the United States, the number of hungry Americans in the US is trending towards recession numbers, when 56 million Americans were food insecure."I had no turkey," said Status. "I didn't even know where that was going to come from. But you know, I've got to take it one...
    Millions of children missed routine vaccinations this year amid the coronavirus, according to a Blue Cross Blue Shield Association (BCBSA) press release. The BCBSA projected around 9 million vaccination doses for measles, mumps & rubella (MMR), diphtheria, tetanus & acellular pertussis (DTaP) and polio, could be missed by the end of 2020, according to the data. Forty percent of “parents and guardians” cited coronavirus as the reason their children didn’t get vaccinated. “The U.S. is on the precipice of a severe immunization crisis among children,” Dr. Vincent Nelson, chief medical officer at the Blue Cross Blue Shield Association said, according to the press release. Millions of children have missed routine vaccinations during the pandemic, insurance data shows https://t.co/sKSGt49q17 pic.twitter.com/nrdreg0lmj — CNN Breaking News (@cnnbrk) November 18, 2020 “The COVID-19 pandemic has significantly interrupted adherence to vaccination schedules, and the possibility that preventable diseases, like polio, could become a...
    COVID-19 : A year ago, a simple, touching and impactful short film encouraged all of us to visit independent businesses before the Covid-19 crisis went viral. Today, the pandemic is very present and this film takes on its full meaning … According to a French survey published in June 2020, around twelve thousand cessations of activity are solely due to the coronavirus crisis. An alarming figure, which unfortunately continues to climb. In 2019, Pimeco, the Spanish association of employers of small and medium-sized businesses, produced a spotlight to alert us to this harsh reality. You have the key thus tells the story of a merchant who must face the hegemony of online commerce platforms, such as Amazon. Since the health crisis, this toy specialist has seen its sales fall, which has forced it to close its doors permanently. With great accuracy and emotion, this...
    By JUSTIN SPIKE and VANESSA GERA, Associated Press BUDAPEST, Hungary (AP) — The European Union still hasn't completely sorted out its messy post-divorce relationship with Britain — but it has already been plunged into another major crisis. This time the 27-member union is being tested as Poland and Hungary block passage of its budget for the next seven years and an ambitious package aimed at rescuing economies ravaged by the coronavirus pandemic. Their objection? A new “rule-of-law mechanism” that would allow the bloc to deny funds to countries that violate democratic norms — something that both Poland and Hungary have been accused of doing for years. Ahead of Thursday's virtual EU summit, where leaders hope to end the stalemate, here is a look at the budget battle. ___ HOW MUCH IS AT STAKE? The proposed 1.8 trillion-euro ($2.1 trillion) budget covers the period from 2021 to 2027, including 750 billion...
    BUDAPEST – The European Union still hasn't completely sorted out its messy post-divorce relationship with Britain — but it has already been plunged into another major crisis. This time the 27-member union is being tested as Poland and Hungary block passage of its budget for the next seven years and an ambitious package aimed at rescuing economies ravaged by the coronavirus pandemic. Their objection? A new “rule-of-law mechanism” that would allow the bloc to deny funds to countries that violate democratic norms — something that both Poland and Hungary have been accused of doing for years. Ahead of Thursday's virtual EU summit, where leaders hope to end the stalemate, here is a look at the budget battle. ___ HOW MUCH IS AT STAKE? The proposed 1.8 trillion-euro ($2.1 trillion) budget covers the period from 2021 to 2027, including 750 billion euros ($887 billion) in emergency funding to help the...
    (CNN)The final ballots are still being counted and recounted in some states, but the outcome is already clear: Americans have voted for democracy.Not even the threat of constitutional crisis can diminish the heroism of the local election officials, mail carriers and poll workers who made this possible; the election that many feared might collapse was in fact the most secure in American history. In the middle of a pandemic, Americans turned out in record numbers to exercise "the most powerful nonviolent tool we have in a democratic society," to quote the late Congressman John Lewis. Stephen HeintzAmerica's next president must now heed their voices with conviction -- and answer them with a commitment to reforms that will enliven, reimagine and reinvent our democratic culture and institutions. President-elect Biden will take office on January 20, 2021, confronting a daunting set of challenges. Gaining control of a resurgent pandemic that has...
    A New Jersey restaurant with a coronavirus scare stayed open because of the generosity of a neighboring barbershop ‘It’s traumatizing’: Coronavirus deaths are climbing once again Seniors On Medicare Are Getting a Big Pay Day in 2020 Ad Microsoft Full screen 1/8 SLIDES © OBY This California company leases backyards for 99 years to build tiny homes and rent them at affordable rates to fight the housing crisis OBY leases backyards in California for 99 years. The company builds tiny homes in the yards to rent them out. Wood construction and solar panels make the homes relatively environmentally friendly. Visit Business Insider's homepage for more stories. OBY is a housing company that says it can fight climate change and the lack of affordable housing in California at the...
    (CNN)Presidential candidates always hype the coming election as the most important in our lifetimes. This time it might be true.An already divided nation is making its choice between President Donald Trump and former Vice President Joe Biden with fraught political divides exacerbated by the worst public health crisis in a century. It is also facing a consequent economic slump that has cost millions of Americans their jobs and a still unresolved reckoning over race and police brutality.Whether Trump gets one or two terms in office will decide if his shocking, untamed Republican presidency is an aberration in modern political history or can more permanently transform America and the world in his own disruptive image.A victory for Biden, the Democratic nominee, would end the constant gut calls, staffing chaos and continuous assaults on truth, science, fact and evidence in every sphere of national life. It would see a return to a...
    I’m a third-generation Republican officeholder and proud of it. I served in the U.S. Congress for five terms; I was elected vice chairwoman of the Republican Conference; and I delivered the keynote address at the 1996 Republican National Convention. And I’m here to tell you why I’m voting for Joe Biden.  The COVID-19 pandemic has killed over 222,000 Americans, infected over 8 million fellow citizens, and decimated our economy. Yet, President Trump continues to deny the seriousness of COVID-19. He knowingly and willfully lied to us at the beginning of this crisis, and he continues to do so now as he claims we are “rounding the corner.” He has no plan to effectively contain the virus. He dismisses our public health experts and scientists as “idiots.” And even after hosting a super spreader event at the White House, he tells us we shouldn’t let it control our lives. DR. MARC SIEGEL: BIDEN'S CORONAVIRUS PLAN –...
    Democratic Wisconsin Gov. Tony Evers blames Republicans, from top to bottom, for the continued impact of the coronavirus pandemic. Evers attacked President Donald Trump directly during a Sunday morning appearance on CNN’s “State of the Union,” adding that local Republican leaders also bore some responsibility for the surge in cases in Wisconsin. WATCH: Anchor Jake Tapper noted the fact that President Trump was planning to return to Wisconsin Sunday evening even as case numbers and hospitalizations in the state were ticking higher. (RELATED: ‘The Opposite Of The Word Tireless’: Jake Tapper Questions The Wisdom Of Biden Taking Another Day Off) “You saw a record high new coronavirus cases this week. I want you to take a listen to what President Trump said on Friday when he was in Wisconsin,” Tapper said, playing a clip of Trump calling for the governor to “open up” the state. “Governor Evers, what is...
    Miami officer facing discipline after wearing Trump mask while in uniform at polling place This Major Part of Fast-Food Restaurants May Be Disappearing The Antarctic Ocean Is in Climate Crisis. This Week, the World Could Take a Big Step Towards Protecting Its Future Sixty years ago a dozen nations, including arch-rivals the United States and the Soviet Union, agreed to preserve the Antarctic continent as a place of peace, research and conservation. Commercial exploitation of its resources and its animals was forbidden. Yet much of the ocean that surrounds the territory does not have the same protections. © Xia Limin—Xinhua via Getty A whale seen from China's polar icebreaker Xuelong 2, or Snow Dragon 2, which is heading to China's Zhongshan Station during China's 36th Antarctic expedition, on the Weddell Sea. This will be up for discussion during a virtual meeting of the Convention for the Conservation of Antarctic...
    The Watts uprising in 1965. "I once promised my oldest daughter I would never talk about the fucking ’60s again," Mike Davis says. "But the problem is that so many of the struggles and the issues are exactly the same issues we're facing today. AP Photo/File For indispensable reporting on the coronavirus crisis, the election, and more, subscribe to the Mother Jones Daily newsletter.Mike Davis hates being called a prophet. If the 74-year-old social historian, author of proto-doomer urban theory classics like City of Quartz and Ecology of Fear, seems to have an uncanny ability to see America’s futures, it’s because he draws so fluently on its past. Davis possesses an encyclopedic knowledge of leftist history and land use in this country—particularly in Southern California, his birthplace and home. Recently we spoke with Davis over Zoom about his latest book, Set the Night on Fire, co-authored with Jon Wiener, about...
    (CNN)The New England Journal of Medicine is, as the name suggests, mostly focused on, well, medicine. Which makes what it published this week all the more important and impactful.In an editorial titled "Dying in a Leadership Vacuum," the editors of the Journal blasted President Donald Trump (although not by name) for his handling of the coronavirus pandemic. Here's the key bit:"Anyone else who recklessly squandered lives and money in this way would be suffering legal consequences. Our leaders have largely claimed immunity for their actions. But this election gives us the power to render judgment. Reasonable people will certainly disagree about the many political positions taken by candidates. But truth is neither liberal nor conservative. When it comes to the response to the largest public health crisis of our time, our current political leaders have demonstrated that they are dangerously incompetent. We should not abet them and enable the deaths...
    Lana Del Rey has angered fans after she wore a mesh face mask for a surprise meet and greet at Barnes & Noble at The Grove in Los Angeles on Friday. The singer, 35, real name Elizabeth Woolridge Grant, wore a silver sparkly fishnet face covering which had holes in it to sign copies of her new poetry book Violet Bent Backwards Over The Grass. Lana was in a special cordoned off area for the event where she read excerpts from her new tome, although she later appeared to take selfies with fans who shared the photographs to social media.  Anger: Lana Del Rey has angered fans after she wore a mesh face mask for a surprise meet and greet at Barnes & Noble at The Grove in Los Angeles on Friday LA county has asked that everyone wears a cloth face covering when interacting with people out of their household in both...
    (CNN)Americans awoke Friday morning to the news that President Donald Trump and first lady Melania Trump had tested positive for Covid-19, a deeply unsettling development sure to drive anxiety in every corner of the country about the state of our national fight against the virus.Seeking to calm just those fears, White House chief of staff Mark Meadows answered a handful of reporters' questions Friday. Meadows' main message was to assure the public that Trump, while he had "mild" symptoms, was still the same old guy. "He's in the residence now, and in a true fashion he's probably critiquing the way that I'm answering these questions," Meadows said. He also noted that Trump's first questions to him this morning were about the economy, the jobs report and the state of economic stimulus talks on Capitol Hill. Here's the problem: We have no way of actually knowing if Meadows is telling the...
    When police dogs bite: 6 takeaways from the investigation The Best Fried Chicken in America Is Now in Sandwich Form Most Americans don't know these lucrative Social Security "secrets" Ad Microsoft Incredible Blanket Puts Humans In A Deep Sleep, Melting Stress Away Ad Microsoft 23 Gadgets That Could Sell Out Before the Holidays Ad Microsoft Full screen 1/21 SLIDES © Shutterstock This is what homebuyers need to consider during the crisis While house hunting is neither a fun experience nor an easy one, it becomes much harder during a global pandemic. Right now, most of us aren’t able to visit...
    At his Wednesday press conference, Donald Trump refused to assure reporters that there would be a peaceful transition of power were he to lose the election, adding his preferred solution: "Get rid of the ballots." American democracy almost certainly faces a real crossroads this year: If Donald Trump—who just this week refused to say that he would make a peaceful transition, and threatened to “get rid of the ballots”—loses the popular vote on Nov. 3 to Joe Biden, as polls currently indicate, he appears poised to dismiss millions of mail-in votes. He would likely do this through the courts that he has assiduously packed over the past three years, particularly via the Supreme Court seat he and his fellow Republicans are intent on seizing just prior to the vote. The legitimacy of both our system of elections and the foundational courts that embody the rule of law will have been not just...
    PILSEN — Born out of a desire to fight food insecurity on the Lower West Side, a food pantry is evolving to meet the expanding needs of Pilsen residents amid the ongoing coronavirus pandemic. Family physicians Evelyn Figueroa and Alex Wu launched a food pantry inside the University of Illinois Pilsen Health Center clinic two years ago, hoping to provide critical social services to address food insecurity, homelessness and poverty while serving patients. Earlier this year, right as the pandemic hit Chicago, they relocated the pantry to a vacant church at 1850 S. Throop St. and broadened their work. Now rebranded as the Pilsen Social Health Initiative, Figueroa and Wu oversee a bustling operation that includes the food pantry, a thrift store and an on-site social worker to help families apply for assistance programs. The couple is also working to establish a medical supply closet and a computer center...
    (CNN)Cows produce beef, milk -- and a lot of methane. A byproduct of digestion, methane is produced from both ends of the animals, although over 90% enters the atmosphere via their burps.And that's a problem, because methane is a potent greenhouse gas, which traps 28 times more heat than carbon dioxide over 100 years. As the world's appetite for beef has grown over the last two decades, annual methane emissions have risen 9% a year. According to the FAO, cattle are responsible for nearly 10% of greenhouse gases generated worldwide by human activity. Now, a new company -- FutureFeed -- says it has a solution. The Queensland-based startup was established last month by the Commonwealth Scientific and Industrial Research Organization (CSIRO), the Australian government's scientific research agency. This seaweed could help lower methane emissions. Read MoreWith four other investors including Australia's largest supermarket chain, Woolworths, the organization hopes to make...
    (CNN)I was very fortunate to serve as one of Ruth Bader Ginsburg's law clerks during the US Supreme Court's October 2003 term. I was also blessed by her presence in my life -- and in the lives of my daughters -- in the years following my clerkship. She always found time when we asked. She always asked how we were doing, particularly during difficult times. The justice was also a friend to my law school and university. She visited early in my teaching career and for seven years straight joined me in DC for a public conversation about law and life -- the highlight of the summer program I run there, and a tradition that ended only with the pandemic and the illness that was to be her last. In February 2020, she offered her final gift to Duke Law School by joining a panel of distinguished judges and me...
    Public-health officials have enacted a nationwide moratorium on evictions to protect Americans from COVID-19. When the Centers for Disease Control and Prevention announced in early September that it was establishing a temporary ban on evictions across the country, the news was celebrated by housing advocates who feared that as many as 40 million Americans could be kicked out of their homes during the pandemic. The bottom line: The historic move did not come with additional funding to support struggling renters and landlords across the country.Housing advocates and industry officials say if lawmakers don’t set aside funds for emergency rental assistance, the eviction crisis could hit a fever pitch once the current moratorium ends. The moratorium doesn’t automatically protect renters — they must proactively fill out a form and send it to their landlord to receive protection under the CDC’s order. But the CDC’s moratorium was essentially a unilateral act....
    MILLIONS of frontline NHS staff are being urged to "do their bit" and get a flu jab when they become available over the coming days. England's chief nurse, Ruth May, warned medics "it's never been more vital" to get vaccinated against flu - as Covid-19 continues to circulate. ⚠️ Read our coronavirus live blog for the latest news & updates 4England's chief nurse, Ruth May, is urging all frontline NHS workers to get a free flu jabCredit: crown copyright It comes as the NHS prepares to roll out its biggest ever flu vaccination programme - with more than 30 million offered free shots ahead of winter. Experts are concerned about the impact of a double whammy of Covid-19 cases and seasonal flu potentially overwhelming the NHS. There are also worries people could suffer both seasonal flu and Covid-19 at the same time. Frontline staff are at higher risk of catching...
    CNN’s Chris Cuomo confronted Rudy Giuliani on President Donald Trump’s response to the coronavirus Friday night, praising Giuliani’s leadership after 9/11 to say he has a hard time believing the man once known as “America’s Mayor” would’ve botched the coronavirus response like Trump has. They opened reflecting the anniversary of the 9/11 attacks and how Giuliani was praised across the board at the time for his leadership. Giuliani talked about his thought process at the time and the “wonderful partnership” he had with then-Governor George Pataki. At one point Cuomo segued to a question about leadership concerning President Donald Trump’s admission to Bob Woodward about downplaying the severity of the coronavirus pandemic early on. Cuomo said, “I also believe that the significance of these Woodward tapes is important on a leadership level. You would not handle this situation the way it’s being handled right now, because we saw you...
    ON THIS DAY IN 1901, the Brooklyn Daily Eagle reported, “BUFFALO — President McKinley continues to show the most unmistakable evidences of improvement and recovery. The uneasiness caused by last night’s dressing of the abdominal wound has given way to more pronounced confidence than has existed at any time since the shooting. The incident of last night never had any significance to the doctors, and such as it had given rise to in the lay mind was quickly dispelled when the physicians arrived this morning. Their 9 o’clock bulletin pronounced the president in excellent condition and made known the fact that he had slept well. … No definite plan for the prosecution of Leon Czolgosz and Emma Goldman has been decided upon by the police authorities. They have not made up their minds to ask the State of Illinois for the custody of the woman and there is a chance...
    New Brooklyn Nets Coach Steve Nash Will Undergo a Trial By Fire D.C. has two of the most beautiful college campuses in America This is the worst economic crisis of our lifetimes. Yet 30% of Americans think the economy is fine The pandemic has caused the worst economic crisis in living memory. Yet Americans were more downbeat about the state of the economy during the Great Recession than they are now. © Tolga Akmen/AFP/Getty Images A new study from the Pew Research Center says 69% of Americans think the current economic situation is bad, while 30% think it's good. By comparison, only 17% thought the economy was in good shape in 2009, the worst year of the Great Recession. Load Error That's striking, because by a lot of metrics, the current downturn is a lot worse than the years following the financial crisis: Far more jobs were...
    “The Society” will not return for a second season as planned at Netflix, while the streamer is also not moving forward with a second season of “I Am Not Okay With This,”  Variety has confirmed. “I Am Not Okay With This” had not been formally renewed after its first season aired back in February, but “The Society” had been picked up for a second season last July. “We’ve made the difficult decision not to move forward with second seasons of ‘The Society’ and ‘I Am Not Okay With This,’” a Netflix spokesperson said in a statement. “We’re disappointed to have to make these decisions due to circumstances created by COVID, and we are grateful to these creators, including: Jonathan Entwistle, Christy Hall, Shawn Levy, Dan Levine, Dan Cohen and Josh Barry at 21 Laps Entertainment for ‘I Am Not Okay With This;’ Chris Keyser, Marc Webb and Pavlina Hatoupis for ‘The...
    (CNN)Michigan officials are expected to announce a major settlement in the Flint water crisis as early as this week, according to multiple reports, including from The New York Times and news outlets in the state. The settlement of civil litigation stemming from Flint's water lead contamination could reach as high as $600 million, The Times reported, quoting sources with knowledge of the matter. Other details will still have to be worked out, due to the large number of cases and defendants, the Detroit Free Press reported. The Michigan attorney general's office wouldn't confirm or deny this week to CNN the reports of a settlement, saying it and the governor's office have been involved in an "ongoing collaborative mediation effort" in the cases for more than a year. Supreme Court wont block lawsuit brought by Flint water crisis victims"We and the other parties are bound by a federal court order to...
    Sen. Elizabeth Warren slammed President Donald Trump for his administration’s response to the coronavirus pandemic during her remarks to the Democratic National Convention Wednesday evening, saying that the crisis was his fault, and the fault of the Republicans who enabled him. Trump’s “ignorance and incompetence have always been a danger to our country,” Warren said, calling the pandemic “Trump’s biggest test,” and one that he had “failed miserably.” The combination of Covid-19 and the economic collapse resulted in “millions out of work, millions trapped in cycles of poverty, millions on the brink of losing their homes, millions of restaurants and stores hanging by a thread,” she said. “This crisis is bad,” Warren continued. “It didn’t have to be this way. This crisis is on Donald Trump and the Republicans who enabled him.” So, Warren concluded, Americans would “hold them all accountable” on Election Day by voting for Joe Biden and Kamala Harris, as she, like other speakers throughout...
    COVID-19 : Photo: As Bean How did we get here ? Here is a fundamental question today at heart Of our society. In pictures and words, As Bean invites us to reflect by devoting a powerful study on the fragilities of our food systems. Discovery. Comics are a wonderful awareness tool. To raise awareness among citizens, student Romane Thieffry has produced, within the framework of the Athénée Sustainable Neighborhood Contract, an instructive work to better understand the Coronavirus crisis. In this study, the team from As Bean, an association committed to sustainable food, analyzed the fragility of our food systems. The organization believes that this vulnerability is due to too much neglect of resilience. But what does this mean exactly? This concept is defined by an ability to absorb shock and reorganize while retaining essentially the same functions. In our current situation, it is the power to continue to...
    Ken Ward Jr. August 16, 2020 10:59AM (UTC) This article originally appeared on ProPublica. In the midst of a billion-dollar road-building program last year, West Virginia Gov. Jim Justice fired his transportation secretary. The two had disagreed about how to best spend the money. A year earlier, while the state worked to recover from a major flood, Justice ousted his commerce secretary, the cabinet member who was leading much of the effort. The governor blamed him for delays in helping flood victims. And as the COVID-19 pandemic raged this summer, Justice forced out his top public health officer. He faulted her for a lag in reporting how many virus patients had recovered. "When something doesn't go the way he wants, he finds somebody to blame and fires them," said Woody Thrasher, the ousted commerce secretary. All governors make staff changes, but West Virginia political observers said that Justice has...
    ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. In the midst of a billion-dollar road-building program last year, West Virginia Gov. Jim Justice fired his transportation secretary. The two had disagreed about how to best spend the money. A year earlier, while the state worked to recover from a major flood, Justice ousted his commerce secretary, the cabinet member who was leading much of the effort. The governor blamed him for delays in helping flood victims. And as the COVID-19 pandemic raged this summer, Justice forced out his top public health officer. He faulted her for a lag in reporting how many virus patients had recovered. “When something doesn’t go the way he wants, he finds somebody to blame and fires them,” said Woody Thrasher, the ousted commerce secretary. All governors make staff changes, but...
    The line for meals on a cloudy Thursday curves around the block.  Standing 6 feet apart, most wearing masks, guests wait for chicken stew, a green salad, fresh fruit, a sandwich, orange juice, and some iced coffee. Stephen Fenwick, 57, has been coming to the Holy Apostles Soup Kitchen in Manhattan’s Chelsea neighborhood for about four months. He had worked delivering food for apps such as DoorDash but started having tech problems with the apps on his phone around the time that New York City began to quarantine, and couldn’t get help. He applied for unemployment, but says his case has been pending for months, and he has received no money.  “I’m not the only one. There’s a lot of people out there with the same problem,” said Fenwick, who lives in Manhattan. He’s renting a room right now, and is able to get some odd jobs, but not...
    Rep. Raul Grijalva tore into other members of Congress who resisted wearing masks after he became the latest lawmaker to test positive for the coronavirus. The 72-year-old Arizona Democrat revealed his diagnosis on Saturday. Grijalva said that despite the positive test, he is asymptomatic, feels healthy, and has gone into self-quarantine. The nine-term congressman had led a hearing this week that was attended by Republican Rep. Louie Gohmert of Texas, who was also diagnosed with the virus. Although he didn’t single out Gohmert or other Republicans by name, Grijalva excoriated those on Capitol Hill who he said have not taken sufficient precautions to prevent the spread of COVID-19. “While I cannot blame anyone directly for this, this week has shown that there are some Members of Congress who fail to take this crisis seriously,” he said in a statement Saturday. “Numerous Republican members routinely strut around the...
    TEXAS – Because the coronavirus crisis caused the temporary or permanent closure of many small businesses, Texas Governor Greg Abbott announced a plan to stop layoffs, save wealth, and gradually revive the local economy. But for homeowners like Martha Enriquez, this is a temporary remedy, as the debt gets bigger and bigger, even if they are low-interest loans. The reason, according to her, is that they cannot open and cannot generate profits. “You look for help and almost nobody can tell you 100 percent what you have to do. They give you a phone number and tell you to look. Sometimes you get involved and it is impossible, it is hours and hours, there is no one to give you an answer, “said Enriquez, who has his own business. She had to send her employees on a forced break, and while her business is still open, sales have fallen...
    College Football amidst Coronavirus Pandemic: On this day in CFT history, including a reputed gambler (Tay Bang!) reportedly giving Florida Gator football players discounts on rental cars My Day Started and Ended With This Beauty Bakerie Lipstick - Heres How It Held Up Special needs families face increased financial pressure in Covid-19 crisis. This can help For millions of students with disabilities and special needs in U.S. public and private schools, the shift to remote learning has created an even greater host of challenges — and, in some cases, additional financial pressures for their families.  © Provided by CNBC Special needs students require varied educational and support services.But during the Covid-19 crisis the responsibilities for health care, therapies and education are falling on parents' shoulders. Special needs students require varied educational and support services. In this coronavirus pandemic, many families are facing tough decisions as the responsibilities for health...
    Trump planning for U.S. rollout of coronavirus vaccine falling short, officials warn CCTV Script 29/07/20 Opinion: Why the S&P 500 may now be easier to beat and what this means for your investments MARK HULBERT © Getty Images It would be ironic if Tesla’s stock price peaks just as it joins the S&P 500. Load Error While it isn’t a certainty that Tesla (TSLA) will become part of the U.S. benchmark stock index, there is widespread speculation that it will happen. As my MarketWatch colleague Andrea Riquier recently pointed out, a new academic study has found that, beginning around a decade ago, getting added to the S&P 500 (SPX)  causes a stock to drop. “The positive announcement effect on the stock price of index inclusion has disappeared and the long-run impact of index inclusion has become negative,” this new study’s authors report. If that is the case,...
    The coronavirus crisis is affecting all age groups, but one in particular is suffering from all aspects of life. Their health and leisure haven’t been safe, and neither have their jobs. Workers 65 and older saw a steep rise in unemployment claims — from 3% in January to 11% in June, according to a report from United Income, an automated investment service owned by Capital One. The firm analyzed the Current Population Survey, a monthly survey from the Census Bureau and Bureau of Labor Statistics. While the senior population represents only 7% of the overall workforce, any job loss could drastically alter their nest egg and retirement security if they’re not otherwise prepared. 80% of older Americans can't afford to retire - COVID-19 isn't helping Unemployment is just one of the many ways in which the coronavirus has upended the comfort of older Americans. This age group has been...
    Sen. Susan Collins, the Republican from Maine who is in the top 10 of seniority in her party, says she’s really “hopeful” that maybe the coronavirus relief package Majority Leader Mitch McConnell is trying to negotiate among his squabbling conference will have critical assistance for state and local governments. It doesn’t right now, which tells you just about how much sway Susan Collins has in her party. Back in May, Collins actually sponsored a bill to spend $500 billion in direct aid to state and local governments. Clearly that had a big impact on McConnell. There’s none in the package he floated this week, just money for reopening schools. Just to put a fine point on this, that’s $70 billion to K-12 schools—half of which has to go to schools that have reopened—and another $30 billion to colleges and universities, which is not tied to reopening. There is no money at all for the state, local, tribal,...
    On Friday’s “PBS NewsHour,” New York Times columnist David Brooks argued that, given the current economic crisis, now is not the time for fiscal discipline and that the federal government should be sending out direct payments quickly, because earlier direct payments were effective in providing a temporary fix to the economic crisis before. Brooks also stated that Republicans should support this because it is not just good for the country, it is good for them politically. Brooks stated, “The economic crisis is still ongoing. And the way we solved it temporarily was to give people $600 checks. And now the Republicans either want to cut it to $200, which is an insult in a time of crisis, or Steve Mnuchin seems to want to reform the process of distributing the money in the middle of a crisis, for bureaucracies that are barely keeping it together right now.” He continued, “And so, it...
    Sen. Susan Collins, the Republican from Maine who is in the top 10 of seniority in her party, says she’s really "hopeful" that maybe the coronavirus relief package Majority Leader Mitch McConnell is trying to negotiate among his squabbling conference will have critical assistance for state and local governments. It doesn't right now, which tells you just about how much sway Susan Collins has in her party. Back in May, Collins actually sponsored a bill to spend $500 billion in direct aid to state and local governments. Clearly that had a big impact on McConnell. There's none in the package he floated this week, just money for reopening schools. Just to put a fine point on this, that’s $70 billion to K-12 schools—half of which has to go to schools that have reopened—and another $30 billion to colleges and universities, which is not tied to reopening. There is no money at...
    You ask and Telemundo 51 answers. Gloria Ordaz talks with Dr. María Alcaide, an infectious disease specialist at the University of Miami; Dr. María López, associate professor and coordinator of the Miami-Dade College contact tracking program; Dr. David de la Cerda, medical director of intensive care at Jackson Memorial Hospital; Andrés and Julián Asión, patients recovered from COVID-19; and reporter Alexis Boentes, who is also recovering from the disease, to seek answers to frequently asked questions about the burden on hospitals during the coronavirus pandemic.
    This story was published in partnership with The Marshall Project, a nonprofit news organization covering the U.S. criminal justice system. Sign up for their newsletter here. OLYMPIA, Wash.—On a rainy June day, the manager of a Motel 6 outside Olympia decided one guest had to leave. The woman had been smoking indoors and had an unauthorized visitor. She appeared to be on drugs and was acting erratically.  Normally, that manager might call 911, which would bring police officers to the scene. If the guest refused to leave, the cops might handcuff and arrest her for trespassing. They could find an open warrant on her record or drugs in her room. The interaction could easily escalate into violence, especially if the woman grew angry over facing jail time or another night on the streets. It’s the kind of low-level, “quality of life” call that takes up much of an officer’s day. But over a year ago,...
    The United States is facing a possible tsunami of evictions caused by the coronavirus pandemic. The CARES Act, which was signed into law in March, established a temporary moratorium on evictions for all rental units that were backed by some form of federally financing, including Fannie Mae FNMA, -2.70% and Freddie Mac FMCC, -1.96% loans. That moratorium is scheduled to end on Saturday. The CARES Act moratorium protected some 12.3 million rental units nationwide, a report from the Urban Institute estimated. And while many cities and states passed their own eviction moratoriums, many of those have either already expired or are set to end soon. “This is a potential catastrophe,” Senate Minority Leader Chuck Schumer, a Democrat from New York, said during a press conference Wednesday. Congressional Democrats have proposed multiple pieces of legislation in recent weeks aimed at extending and expanding the federal eviction moratorium. Last month, Sen....
    Jorge Masvidal holds nothing back in candid interview about politics with Dan Le Batard The 8 Menswear Trends to Emerge From This Summer’s Digital Season This recovery will be a bumpy ride, says Goldman Sachs CEO America has embarked on the long road to recovery following the pandemic lockdown, but the path back to a healthy economy is littered with obstacles, according to Goldman Sachs' CEO. © Alex Wroblewski/Getty Images "It will be a very very bumpy ride economically," Goldman Sachs CEO David Solomon said Wednesday during an event with the Economic Club of New York. Load Error Parts of the economy have shown signs of improvement in recent months, with the unemployment rate falling from its April peak and retail sales bouncing back. But this rebound could fizzle out in the coming months, Solomon warned. "Even if -- in the best case scenario -- that the...
    During a speech on Tuesday, the Democratic Party’s presumptive presidential nominee Joe Biden said that President Donald Trump has “quit on this country,” The Hill reported. “This man simply does not understand. He can’t deal with our economic crisis without serving, saving and solving the public health crisis,” Biden said, referring to the coronavirus pandemic. “For all his bluster about his expertise on the economy, he’s unable to explain how he’ll actually help working families hit the hardest,” he argued. “You know, he’s quit on you, and he’s quit on this country, but this election is not just about him. It’s about us. It’s about you. It’s about what we’ll do, what a president’s supposed to do.” Biden made the remarks in Delaware, while outlining his “Build Back Better” plan for economic recovery. As stated on joebiden.com, the proposal is centered on helping working families amid the coronavirus pandemic. If...
    Patrice Washington became a real estate broker her senior year of college.  After graduating from USC in 2003, Washington opened a boutique real estate and mortgage brokerage with a team of employees to keep up with demand. By 2007, she had made millions and parked her earnings into 13 investment properties.  Then the housing market crashed.  Today, the 39-year-old Washington is a successful entrepreneur, best-selling author and podcast host. Check out this video to learn how she rebuilt her life after losing everything and to hear her advice for anyone struggling in the coronavirus economy.  More from Invest in You: 'Predictably Irrational' author says this is what investors should be doing during the pandemicCoronavirus forced this couple into a 27-day quarantine amid their honeymoon cruiseHow to prepare for a family member with COVID-19 Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.Related Tags U.S. Economy Jobs Entrepreneurship Coronavirus: Personal Finance...
    (CNN)When you hear people -- presidential candidates, policy wonks, scientists, whomever -- talk about the climate crisis, you're sure to get an earful of dates. Eliminate fossil fuel pollution by 2050. Cut emissions in half by 2030. Expect sea level rise perhaps a meter or so by 2100 (or more than that in worst-case scenarios). Shouting into the apocalypse: The decade in climate change Those years -- 2030, 2050, 2100 -- can seem a way-off future, beyond the gravity of this-second news cycles. Who actually imagines, as part of daily life, what the year 2100 will look like? We're just trying to get through the US election cycle this year -- or through the coronavirus pandemic. We view the world through a right-now lens. Read More The artist and philosopher Jonathon Keats, however, finds daily, yearly and even decadal timeframes to be incredibly myopic. To try to get us to...
    More than three-quarters of employers kept their contribution match for employees’ retirement accounts, a recent survey of plan sponsors found. The remaining 23% said their organization has changed the match formula, suspended or adjusted the match, according to NEPC Investment Consulting, which surveyed 105 defined-contribution plan sponsors. The firm has more than 350 clients that represent more than $1.1 trillion in assets across the U.S. Having employer matches lowered—or worse, suspended—because of the coronavirus crisis could be detrimental to future retirement security. Workers see those matches as an incentive to put away more than they may have done otherwise, and the extra contribution from the employer bolsters how much money a person has when they do retire. Half of employers furloughed or laid off employees, the NEPC survey found. See: We have $190,000 in retirement savings and want to use the COVID-related distribution rules to pay off...
    McCourty brothers criticize NFL for poor prep Your patience is wearing thin—but so is your kid’s Apple to spend $400 million this year to fight Californias housing crisis Apple said on Monday it will spend $400 million this year to fight the California housing crisis in partnership with Housing Trust Silicon Valley and the California Housing Finance Agency. Homes in California are in high demand but are also too expensive for low-income and middle-income buyers, which has created a housing affordability crisis in the state, particularly in areas like San Francisco and Los Angeles.  © Provided by CNBC Apple CEO Tim Cook gestures after opening the newly renovated Apple Store at Fifth Avenue on September 20, 2019 in New York City. Apple said on Monday it will spend $400 million this year to fight the California housing crisis in partnership with Housing Trust Silicon Valley and the California Housing...
    Chauncey DeVega July 9, 2020 11:00AM (UTC) The coronavirus pandemic is a global disaster that is not independent of other crises and disasters. The pandemic has killed more than 500,000 people around the world, more than 130,000 of those in the United States. It has caused a severe global economic recession. : Global climate disaster continues. There is a heat wave in Siberia. The United Nations reports that hundreds of millions of people face starvation because of a global food shortage. When America's global leadership is most needed to fight the coronavirus pandemic — and the imminent danger of other and perhaps greater disasters — the Trump regime has announced that the U.S. will withdraw from the World Health Organization. (If Trump is no longer president next year, this presumably will not happen.) : Global wealth and income inequality continue to grow. Foreign Policy reports that "the coronavirus pandemic is set to push half a billion people into poverty...
    A pandemic is not the time to be having discussions about how to design a national health care system. The fact that the United States, which has 4 percent of the world’s population, leads the world with 25 percent of all coronavirus infections, indicates at a glance that something about our nation’s health care is irredeemably broken. In just a few months, more than 40 million Americans became unemployed in a country where a majority are expected to obtain health care through employer-provided insurance. Even the New York Times has pointed out that, “Nothing illuminates the problems with an employer-based health care system quite like massive unemployment in the middle of a highly contagious and potentially deadly disease outbreak.” The Times has hardly been a champion of the nationalized health care system that progressive activists have demanded for years. The unimaginably large (and growing) death toll from COVID-19 should not be, as the paper’s editorial board...
    (CNN)Around 30 years ago, a town in Oregon retrofitted an old van, staffed it with young medics and mental health counselors and sent them out to respond to the kinds of 911 calls that wouldn't necessarily require police intervention.In the town of 172,000, they were the first responders for mental health crises, homelessness, substance abuse, threats of suicide -- the problems for which there are no easy fixes. The problems that, in the hands of police, have often turned violent. Today, the program, called CAHOOTS, has three vans, more than double the number of staffers and the attention of a country in crisis. CAHOOTS is already doing what police reform advocates say is necessary to fundamentally change the US criminal justice system -- pass off some responsibilities to unarmed civilians. Cities much larger and more diverse than Eugene have asked CAHOOTS staff to help them build their own version of...
    LONDON (Reuters) - Prime Minister Boris Johnson said on Tuesday Britain could not continue to be "prisoners of this crisis" as he outlined plans to boost Britain's economy, devastated by the coronavirus lockdown. He said while people were rightly still nervous about further outbreaks of the virus, the government had to spell out the way ahead. "We cannot continue, simply, to be prisoners of this crisis," he said in a speech in central England. "If the COVID crisis has taught us one thing, it's that this country needs to be ready for what may be coming, and we need to be able to move with levels of energy and speed that we have not needed for generations." (Reporting by Guy Faulconbridge and Kate Holton, writing by Michael Holden, editing by Elizabeth Piper) Copyright 2020 Thomson Reuters.
    CHICAGO (CBS) — Chicago Mayor Lori Lightfoot fired back on President Donald Trump, after he sent a letter on Friday criticizing her leadership and that of Governor JB Pritzker. Trump picked a fight over violence in Chicago with Gov. JB Pritzker and Chicago Mayor Lori Lightfoot Friday night. President Trump sent a lengthy letter to the two leaders. He singles them out for their “lack of leadership” and how they “fail the people you have sworn to protect.” The president went on to offer to help and ends saying, “You continue to put your own political interests ahead of the lives, safety and fortunes of your own citizens.” Lightfoot had pointed responses to Trump on everything from healthcare, his handling of the COVID-19 crisis, voting rights, immigration, crime and the LGBT community. “Stop trying to kill off the Affordable Care Act. Millions of people across our country remain unable to access...
    (CNN)As challenging as the pandemic has been for students across the country and world, they've shown a surprising amount of strength in persevering. Instead of succumbing to fear or helplessness, they've turned inward, reflected on their previous struggles, and applied those lessons to their new normal. But where does that strength come from? In the next installment of "Generation Resilient," we asked three students to share their answers with CNN Opinion. The views expressed in this commentary are solely their own.Niles Francis: We're only as strong as the community around us Covid-19 has thrown my generation a high-speed curve ball. And while we miss out on prom, senior trips, yearbook signings and formal graduations, I remind myself that I've faced far worse circumstances than this -- and I've come out the other side.When I was 9 years old, my father died of a brain tumor, forcing my mother to...
    New York — The Manchester City coach could accept the offer if his European sanction is ratified Barcelona lost patience with Quique Setià © n and they are beginning to manage the return of Pep Guardiola to get out of the evident crisis he is going through after leaving the La Liga championship to Real Madrid on a silver platter after lose 4 points out of 9 possible in the last week. Barcelona â € ˜confidentâ € ™ Pep Guardiola is returning this summer https://t.co/BhWtWew6HW – The Sun Football âš½ (@TheSunFootball) June 28, 2020 At least that is what assures the English press., particularly, which publishes today that the Barça entity is only waiting for the Manchester City sanction to be ratified to send the cavalry to negotiate with Sampedor’s prodigal son. As soon as the sanction that will leave citizens out of European competitions for two seasons...
    Coronavirus — The maritime industry has been hit hard by the coronavirus pandemic and this is causing some cruise companies to decide to reduce their fleet. One of the victims of this crisis could be the Costa Victoria, a ship of just 23 years old with the capacity to accommodate 2,394 passengers. The owner company, Carnival Corporation, which is the world’s largest cruise operator, announced that it plans to withdraw six ships from its fleet in the coming months as a result of the economic damage caused by COVID-19. However, it has not yet specified the ships that this measure will affect. In any case, the Costa Victoria seems to have its days numbered according to the statements by the mayor of Piombino, an Italian town in the province of Livorno, Franceso Ferrari, who assured that the ship had arrived in his city to be dismantled, at the same...
    Humiliated by the coronavirus, the neoliberal system seems to be out of time to solve the increase in poverty, the lack of resources in the health systems or the displacement of millions of refugees suffering from the effects of the pandemic. Evidence of the scale of the plague was given this week by the head of the German government, Angela Merkel, when she told a group of European newspapers that “Europe is not yet sufficiently prepared to withstand the crisis.” The Covid-19, originated in China last December, hit the old continent hard, where Germany, France and Italy, among other countries, did not hesitate to start a process to nationalize some of its most emblematic companies. In mid-May, the European Commission approved a rule to allow its states to enter large or small companies, whether or not listed on the stock exchange, to guarantee the viability of a company. The...
    (CNN Business)For years, China staked its future on world class manufacturing and new technology. Now, it's having to contemplate a simpler, and older, solution to its looming jobs crisis involving millions more street vendors — and the idea is exposing divisions in Beijing.It began to gain traction last month when Chinese Premier Li Keqiang — the second-highest ranking official in China after President Xi Jinping — praised the city of Chengdu for creating 100,000 jobs overnight by setting up tens of thousands of street stalls, which typically sell food, fresh vegetables, clothes and toys.The government needs to try harder to create new jobs by "breaking through stereotypes," Li said during a major annual political gathering in Beijing. "China has a labor force of 900 million. Without jobs, there are 900 million mouths that need to be fed. With jobs, there are 900 million pairs of hands that can create enormous...
    The coronavirus pandemic has hit working parents hard, and when I say working parents, I mean mostly working mothers. Unemployment is high for everyone, but it’s worse for women than for men, and women are more likely to have left the labor market or to be thinking about quitting their jobs. Relatedly, the brunt of caring for children suddenly at home all day every day is falling on women. The childcare industry, meanwhile, is suffering, putting more than 325,000 people—overwhelmingly women, and nearly half Black, Asian, or Latino—out of work since February. If childcare centers go out of business, as threatens to happen without government help, then those women’s jobs remain gone, and other women’s ability to work is threatened by the disproportionate amount of child care they end up shouldering. The case for a major government funding program could not be clearer, but somehow it hasn’t happened. Democrats have introduced a $50...
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