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THE WEEK 05/31/2020 06:35
Here are three of the week's top pieces of financial insight, gathered from around the web:. A big bill after mortgage aid Homeowners struggling to pay their mortgages aren't getting consistent relief, said Tara Siegel Bernard at . With home loans that are held by Fannie Mae or Freddie Mac or loans guaranteed by the Federal Housing Administration, you can suspend payments for up to a year, and make up costs over time or in some cases not "until the home is sold or refinanced when the loan term is up." But roughly 30 percent of homeowners "are not governed by the same rules." That includes those with so-called jumbo loans outside Fannie Mae limits. Many servicers have granted borrowers a three-month forbearance but are asking for a lump-sum p.
THE WEEK 05/31/2020 06:35
Health officials now recommend that people cover their faces in public places. Are masks effective? Here's everything you need to know:. How do masks fight COVID-19? The mouth and nose are usually where the coronavirus first sets up camp, and also serve as the portals for spreading the virus to new hosts. The saliva of infected people teems with virus particles, which are emitted in droplets when they cough or sneeze. Smaller drops, called aerosols, are launched when a person speaks or even just breathes. Larger droplets are thought to be the primary means of transmission and can be propelled six or more feet before gravity pulls them down to the ground. Aerosol droplets can hang in the air, still viable and potentially capable of causing in.
THE WEEK 05/31/2020 06:35
Essayist, novelist, and travel writer is the author of more than a dozen books. His adopted home country features in his two most recent works — and — both now available in paperback. by Graham Greene (1955). A master of troubled consciences unfolds a compact tale of ­empires — the British, the American, and the ­Asian — braided around three divided lovers. Though it's set in Vietnam, this is the book to read to understand the latest news from Kabul, or just to know why we feel homesick for faraway places and betray the people we love. (1894). We all know the gnomic, explosive verse of the woman who let Death and Jesus and Eternity and Wild Nights into her bedroom. But this book, no less strange and original, crackles with some of the most
THE WEEK 05/30/2020 09:42
1. Protesters gathered in several cities across the U.S. on Friday night to demonstrate against police brutality and institutional racism. Protests in Brooklyn, New York; Atlanta, Georgia; San Jose, California; Washington, D.C.; and Minneapolis, Minnesota, started peacefully, with attendees demanding justice in the case of George Floyd, who died in Minneapolis after a police officer kneeled on his neck for several minutes on Monday. Some protesters clashed with police — in Brooklyn, where a heavy police presence awaited protesters, officers reportedly used tear gas on crowds. Meanwhile in Atlanta, a police car was reportedly set on fire. In San Jose, protesters blocked freeway traffic; and in D.C., the White House was briefly on lockdown as.
THE WEEK 05/30/2020 07:06
Lots of us will check out Saturday's SpaceX launch, assuming the weather cooperates. After all, it has been nearly a decade since astronauts launched into orbit from American soil. And it will be the first time a privately-built rocket — a pretty cool-looking one at that — takes them there. Also, you know, it's an Elon Musk thing. Of course, the tech entrepreneur and multibillionaire has bigger ambitions than merely running a shuttle service to the International Space Station. He famously wants to make humanity a "." That means colonizing the Moon, then Mars, and then beyond. Musk, or maybe X Æ A-Xiii, is coming for you, Titan! Yet the novelty will quickly wear off for most of us. Far fewer will probably tune into future launches. Even the
THE WEEK 05/30/2020 06:35
The number of jobs lost since the start of the pandemic hit 39 million this week, said Eric Morath at , and economists and policy­makers are asking how many will come back. A month ago, 88 percent of workers who lost their jobs "called their absences temporary" believing they would be "returning to the same job within six months." But that may be wishful thinking. While some businesses reopen, "restaurants and other small businesses are closing up shop for good," and several national retailers have declared bankruptcy. "Permanent layoffs are more likely at factories as consumer spending declines," and hospitality businesses such as MGM Resorts have darkened their outlook on rehiring furloughed employees. In a survey of 64 economists, most f.
THE WEEK 05/30/2020 06:15
New York City. Waterline Square, an Upper West Side , has a skate park, indoor soccer pitch, giant playroom, rock-­climbing wall, bowling alley, basketball court, and swimming pool. This 34th-floor two-bedroom unit offers views of the Hudson River, a master suite with bathroom and walk-in closet, and a kitchen with Gaggenau appliances. The building also has a Pilates studio, squash court, music studio, and screening room. $3,100,000. Waterline Square/Corcoran Group, (212) 586-8333. Bloomfield Hills, Michigan. This in the Chelmsleigh neighborhood comes with a bowling alley and loft playroom. The house, built in 1962 and remodeled in 2018, features a formal dining room, an eat-in country kitchen, a family room with two-sided fireplace, and a
THE WEEK 05/29/2020 16:30
1. In an explosive report published Friday, Forbes alleged that Kylie Jenner has been "inflating" the success of her company, Kylie Cosmetics, for years. The magazine announced last year that Jenner was the youngest self-made billionaire ever, but now it says her business is "significantly smaller, and less profitable, than the family has spent years" leading the industry to believe. The report describes how Jenner's publicists showed Forbes tax returns demonstrating the unbelievable growth of her company, but says there is "virtually no way" they were accurate. Forbes estimates Jenner is actually worth "just under $900 million" — which still isn't too shabby! Jenner, meanwhile, tweeted "I can name a list of 100 things more important right
THE WEEK 05/29/2020 15:51
A woman protests the death of George Floyd in Minneapolis. | ( REUTERS/Carlos Barria ). A protester pulls down a fence in Quito, Ecuador. | ( AP Photo/Dolores Ochoa ). A cannon blasts in St. Petersburg, Russia. | ( AP Photo/Dmitri Lovetsky ). Smoke rises over a Nissan factory in Barcelona. | ( AP Photo/Emilio Morenatti ). A crematorium employee works in Mexico City. | ( REUTERS/Carlos Jasso ). A field of endives is irrigated in Raillencourt-Sainte-Olle, France. | ( REUTERS/Pascal Rossignol ). Idled airplanes in Bangkok. | ( REUTERS/Jorge Silva ). Tea hostesses at Beijing's Great Hall of the People. | ( AP Photo/Andy Wong ). Social-distancing circles at a San Francisco park. | ( Noah Berger/AP/Shutterstock ). Boys travel in a car trunk in Laghman pro.
THE WEEK 05/29/2020 15:39
This week's question: The Open Hearth restaurant in South Carolina has opened its doors, but with inflatable dolls seated at 50 percent of the tables, to create a convivial atmosphere while still ensuring patrons sit at least 6 feet apart. What would be an appropriate name for a new, socially distanced restaurant chain that fills half its tables with inflatable patrons? How to enter: Submissions should be emailed to . Please include your name, address, and daytime telephone number for verification; this week, please type "Inflatable eats" in the subject line. Entries are due by noon, Eastern Time, Tuesday, June 2. Winners will appear on the Puzzle Page of the June 12 issue and at on June 5. In the case of identical or similar entries, the f.
THE WEEK 05/29/2020 13:57
Minneapolis has witnessed serious unrest over the past few days, sparked by the police killing of a black man named George Floyd, who was accused of using a counterfeit 20 dollar bill. The official report of his death the fact that a white officer, Derek Chauvin, had kneeled on his neck for nine minutes while Floyd complained that he couldn't breathe and begged to be let up — which became clear in a video that later emerged. Three other officers stood by and did nothing while Floyd gradually strangled. (Floyd when he was put in an ambulance and was pronounced dead at a local hospital; all four of the officers have been fired, and it was announced Friday that Chauvin had finally been .). The community exploded in rage. Several large protests
THE WEEK 05/29/2020 12:25
You know what's less cool than a billion dollars? "Inflating" the success of your business for years, as Forbes claims Kylie Jenner has done. Forbes the youngest self-made billionaire ever last year, but it's now offering an update: actually, now she's not a billionaire at all, self-made or otherwise. The outlet concluded that Jenner's business is, it turns out, "significantly smaller, and less profitable, than the family has spent years leading the cosmetics industry and media outlets, including Forbes , to believe.". The report describes how Jenner publicists showed Forbes tax returns demonstrating the unbelievable growth of her company, Kylie Cosmetics, and showing $307 million in revenue in 2016. The documents were apparently a little to.
THE WEEK 05/29/2020 12:22
In mid-May, Tampa Bay Rays pitcher Blake Snell started an uproar with comments he made about a potential COVID-shortened 2020 Major League Baseball season. "For me to take a pay cut is not happening, because the risk is through the roof... it's a shorter season, less pay… I gotta get my money," he on a live Twitch feed. The former Cy Young Award winner, who in 2019 signed a five-year, $50 million contract, was pilloried as a very wealthy man worried about his fortune while an estimated 40 percent of households making less than $40,000 in March. The optics were not good. Snell hurried to clarify, the Tampa Bay Times , "It's just scary to risk my life to get COVID-19 as well as not knowing and spreading it to others. I just want everyone to b.
THE WEEK 05/29/2020 08:15
A CNN reporter and his camera crew have been released from custody after being arrested on live television while reporting on protests in Minneapolis. The network received a personal apology from the governor. Early on Friday, CNN's Omar Jimenez while he was reporting on protests in Minneapolis over the death of George Floyd in police custody. Jimenez's camera crew was also arrested. "Police are now saying they're being arrested because they were told to move and didn't," CNN's John Berman explained. Video, however, showed Jimenez offering to move. The network the arrests as a "clear violation of their First Amendment rights," and later in the broadcast, CNN's Berman reported that the network received an apology from Minnesota Gov. Tim Walz.
THE WEEK 05/29/2020 07:21
1. The Labor Department reported Thursday that 2.1 million Americans made initial applications for unemployment benefits last week despite the gradual lifting of coronavirus lockdowns around the country. The new claims brought the total number of people who have lost work since the coronavirus crisis began in mid-March to 41 million. In a positive sign, the running total of those currently receiving benefits fell to 21 million last week from 25 million the week before. It was the first weekly drop since the crisis began, suggesting some businesses were starting to rehire. Still, the new jobless claims showed that the economy is struggling as the U.S. coronavirus death toll surpasses 100,000, more than the number of Americans killed in the V.
THE WEEK 05/29/2020 06:51
1. President Trump on Thursday signed an executive order seeking to chip away at over content posted on their platforms. Trump's announcement came two days after Twitter for the first time labeled two of his tweets "potentially misleading." Trump said the "unchecked power" of social media giants presents a dire threat to free speech, and he told federal agencies to review protections for companies such as Twitter and Facebook under a 1996 law shielding websites from lawsuits. Critics said Trump was overstepping his authority and threatening the First Amendment rights of private companies. "(Trump) is trying to steal for himself the power of the courts and Congress to rewrite decades of settled law," said Sen. Ron Wyden (D-Ore.). []. 2. Riote.


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