Ashley, 3, and Ethan, 2, look at a burned bicycle after wildfires destroyed a neighbourhood in Bear Creek, Phoenix, Oregon, U.S., September 10, 2020. Carlos Barria | Reuters Dozens of major wildfires are burning through the U.S. West Coast, destroying hundreds of homes and wiping out entire neighborhoods in two towns in Oregon. More than 3
Month: September 2020
Ex-New York Jets wide receiver Josh Bellamy was arrested Thursday for his alleged role in a $24 million Covid-19 relief scheme, the U.S. Justice Department announced Thursday. The complaint says that Bellamy, along with 10 other defendants, allegedly applied for Paycheck Protection Program (PPP) loans via at least 90 fraudulent applications for a total more
An antenna for a satellite ground station Amazon Microsoft is looking to challenge Amazon in offering a service that connects satellites directly to the company’s cloud computing network, according to documents the company filed with the Federal Communications Commission last month The effort shows how the two largest providers of cloud infrastructure — data centers in
Drew Angerer | Getty Images News | Getty Images Most unemployed workers will get up to $1,800 in extra jobless benefits through the Lost Wages Assistance program created last month by the Trump administration. The program pays a $300-a-week federal subsidy on top of the unemployment benefits workers currently receive. It follows the lapse of
Mortgage rates have plummeted yet again getty Interest rates have found a new low. This week, the 30-year fixed mortgage rate hit 2.86%, well below the 3% threshold that just a few months ago most people were saying would be the lowest they could reach. As we closed out August, interest rates had already come
getty As of September 10, 2020, the below described bill has failed in the Senate. To learn about what that bill contained, and what I hope future bills will contain, continue reading. On September 8th, Senate Majority Leader Mitch McConnell (R-KY) released an amendment (S.Amdt.2652) to Senate Bill 178 (the “UIGHUR Act of 2019”) which
(Photo Illustration by Scott Olson/Getty Images) Getty Images The newly-published results of an extensive survey of public views on taxes find deep partisan divisions and a widespread lack of understanding about federal income and estate taxes. The survey also shows that people’s perceptions of how government spends revenue may have a powerful effect on their
Liu Yifei stars in Disney’s “Mulan.” Disney For months, “Tenet” and “Mulan” have been the center of Hollywood’s attention. The films from Warner Bros. and Disney, respectively, were meant to represent a return to normal. However, neither film has quite embodied that hope. Going forward, every weekend at the box office will be an important
Niraj Shah, Wayfair CEO Ashlee Espinal | CNBC Citigroup won the rights to offer a pair of new credit cards with online furniture seller Wayfair, edging out Alliance Data Systems, CNBC has learned. The deal happened amid surging demand for home goods as millions of Americans were forced to work remotely from their residences during
Bill Gates helped build Microsoft into one of the world’s most valuable companies. But between the hard work it took to get the company off the ground and the pressure to succeed against fierce competition, the billionaire Microsoft co-founder wasn’t always such a nice guy to his employees. Gates, much like fellow tech icon Steve
SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency’s SpaceX Demo-2 mission to the International Space Station. NASA/Kim Shiflett JPMorgan Chase thinks it’s found the next hot market for investors: Taking stakes
Events and entertainment workers protest unemployment on Aug. 19 in Las Vegas. BRIDGET BENNETT/AFP via Getty Images) It’s a hard time to try to plan your finances. Unemployment benefits and another round of stimulus checks are up in the air. Evictions are banned, but only temporarily. Much of the uncertainty is due to the fact
Real estate is always an easy target for legislators. In the case of the pied-a-terre tax, however, … [+] the drawbacks seem likely to erase any possible rewards. getty The New York State Senate has once again placed New York City real estate directly in its sights. Last year the Senate considered a “pied-a-terre” tax
Group of older adults having breakfast getty In an earlier post, we explored retirees’ freedom to choose where to live and what kind of home to occupy, along with the many options they enjoy. As retirees get older, or any time their need for household support and medical care increases, the availability of care becomes
It’s safe to say that the 2020 Presidential election between the incumbent Donald Trump and his challenger, former Vice President Joe Biden, will be the most vicious this country has even witnessed. The first debate remains weeks away, and yet the rhetoric emerging from both sides has already devolved from poignant policy critiques to accusations
A Woman wearing a surgical mask walks past Royal Exchange in the capital’s financial district, in London, England on March 11, 2020. Richard Baker | In Pictures via Getty Images The U.K. economy grew 6.6% in July on a monthly basis, according to initial estimates published Friday, as the economy seeks to recover from the
Oracle CEO Safra Catz delivers a keynote address during the Oracle OpenWorld conference on September 17, 2019 in San Francisco. Oracle CEO Safra Catz kicked off day two of the 2019 Oracle OpenWorld with a keynote address. Justin Sullivan | Getty Images News | Getty Images Oracle shares rose as much as 6% in extended
People walk outside of the New York Stock Exchange. Spencer Platt | Getty Images U.S. stock futures opened higher on Thursday night after a volatile session in which the recent tech sell-off resumed. Dow Jones Industrial Average futures were up by 76 points, or 0.3%. S&P 500 futures gained 0.3% along with Nasdaq 100 futures.
As mortgage rates reach all-time lows due to the pandemic, demand for real estate has increased exponentially. But that doesn’t necessarily mean you should buy a home right now. Way too many homebuyers overextended themselves during the 2008 financial crisis. As a result, most of us paid the price. Having your neighbor conduct a short sale or foreclosure
Citigroup CEO Michael Corbat said that he is retiring in February after eight years leading the bank, and that the firm’s retail banking chief Jane Fraser will succeed him, making her the first female CEO of a major U.S. bank. Corbat’s move finalizes a management overhaul that had been underway at the third-largest U.S. bank
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