advertisement
advertisement
  • 10:00 am

Citadel wants to help you master the stock market while you’re stuck in lockdown

Citadel wants to help you master the stock market while you’re stuck in lockdown
[Photo: /Pexels]
69pao在线手机免费视频 and market maker wants to offer young adults something more constructive to do with their days: spending them learning how to invest for their futures.

advertisement

Back in 2018, Citadel and Citadel Securities teamed up with digital education platform to create a course called MarketWorks that takes participants through a curriculum that teaches them essential financial principals and abilities, including how financial markets work and the fundamentals of investing. Since its launch, the MarketWorks curriculum has been used by more than 13,000 students in high schools from Dallas to New York.

But now due to continued school closures across the country, Citadel has decided to make the MarketWorks curriculum free to all high school students, teachers, and families in America.

According to Citadel, the step-by-step course covers topics ranging from understanding financial markets and stock exchanges to financing a startup. Along the way, users will learn the fundamentals of investing, gain an understanding of how the global economy works, and discover the path startups take from inception to IPO. The final module in the course even lets students see how they do investing with a simulated stock portfolio.

[Image: courtesy of Citadel]
69pao在线手机免费视频Announcing the availability of the program to the public at large, Gerald Beeson, COO of Citadel and the program’s executive sponsor, said:

69pao在线手机免费视频We are passionate about providing educational opportunities in finance that open pathways for success. We believe all students should have access to this curriculum that will impart critical knowledge and empower them with stronger financial decision skills in their everyday lives. MarketWorks has already expanded financial understanding for more than thirteen thousand students, and we are proud to bring this program to students, families and schools across the country, especially during this time when it is needed more than ever.

The free MarketWorks course cannot come too soon for Americans stuck in lockdown–but not only because it’s something for them to constructively fill their time with. Americans, on average, . Matter of fact, in 2019, according to a study conducted earlier this year.

69pao在线手机免费视频What’s even more frightening is that though America has the largest economy on the planet, it only ranks in 14th place when it comes to adults who are financially literate, according to Standard & Poor’s. That ranking is due to the fact that .

69pao在线手机免费视频It should be no surprise that the more financially literate a person is, the more they are throughout their lives. So until financial education is mandatory in all schools, it’s a good idea to take whatever free financial education you can get.

“What happened here with [my students] was that what they learned in the classroom spread into their homes,” says Jane Viau, a high school teacher at Frederick Douglass Academy in Harlem, New York–one of the schools MarketWorks has been in use at. “[One student] had a conversation about investing and money with her mom that she had never had before . . . [Another student] thought that her dad would know more than her, but she taught him a thing or two about saving for his retirement, and he is an accountant. She felt very proud that she had that knowledge that she could share at home. The learning went beyond the classroom and spread out into the community.”

To access the free MarketWorks course, simply visit the , select your state and the student’s school, and create a user profile and password. Once that’s done, users can log into the free MarketWorks course to begin working through the various modules.

advertisement
advertisement
  • 8:38 am

Facebook Avatar on desktop computers or iPads: What to know if you don’t use a smartphone

Facebook Avatar on desktop computers or iPads: What to know if you don’t use a smartphone
[Photo: /Unsplash]
69pao在线手机免费视频 for users in the United States—making Avatars the talk of the town for locked-down Americans across the land. In a nutshell, Avatars let you create a customized cartoon version of yourself (that probably doesn’t look like you, let’s be honest) to use in comments and stories.

69pao在线手机免费视频But if you use Facebook exclusively on a desktop computer or an iPad, you might be missing out on some of the fun. After Facebook executive Fidji Simo the Avatar rollout last week, a number of users responded to say that the feature didn’t seem to be available to them yet.

69pao在线手机免费视频So what’s going on? Reached for comment, a Facebook spokesperson confirmed that it’s not possible to create an Avatar on a desktop computer or tablet, and that you need a mobile device to make one. That’s unfortunate for a lot of users who either don’t have smartphones or who have deleted the Facebook app from their mobile devices over privacy concerns—or because they simply don’t like the temptation of having Facebook in their pocket. Facebook declined to say when it plans to roll out Avatar creation abilities on non-phone platforms.

69pao在线手机免费视频However, there is some good news: According to Facebook, “once your Avatar is created on your mobile device, you can send comments and Messenger stickers from desktop.” So while you can’t create one on a desktop, you can still use your Avatar on a desktop once it’s created. One workaround might be to load Facebook on your phone temporarily, build the Avatar, and then delete the app once it’s made.

[Image: courtesy of Facebook]
Facebook also shared more detailed instructions on all the different ways to create a new Avatar:

  • Avatar Post: Below each Avatar post, there is a “Try It” button
  • Avatar Sticker: Tap on an Avatar sticker if you see one shared from a friend on Facebook
  • Bookmark: To create or edit your Avatar, go to your Bookmark (the three horizontal lines at the bottom right of your screen), click “See More,” and select “Avatars”
  • From the Comment Composer: To create or edit your Avatar, go to the Facebook or Messenger comment composer (‘Write a comment’), click on the smiley face icon, and click “Make Your Avatar” to get started

Facebook says existing Avatars can be edited from your Facebook profile, comment composer, bookmark, or Avatar sticker. Another limitation: “Avatar creation from Messenger is currently only available on Android, but will be rolled on iOS soon.”

Enjoy!

advertisement
advertisement

Apple is reopening dozens of its retail stores. Here’s how it’s keeping them free from COVID-19

Apple is reopening dozens of its retail stores. Here’s how it’s keeping them free from COVID-19
[Photo: /Unsplash]
on the company’s website, Apple has revealed it’s now opened almost 100 of its 510 retail stores around the world. In that note, however, Apple’s retail and human resources head, Deirdre O’Brien, revealed that the company is taking great steps to ensure that both employees and customers are able to operate in a safe environment that minimizes the chances of COVID-19 being transmitted at its stores. Here’s how:

  • All customers will need to wear masks: All Apple retail employees and any customer entering an Apple store will be required to wear a face mask. If a customer doesn’t have a face mask when they show up, they will be given a free one by Apple before they are allowed to enter.
  • Mandatory temperature checks: Likewise, all customers will be required to submit to a temperature check before they can enter the Apple store.
  • Limited occupancy: once inside an Apple store, customers will find it to be more sparsely populated than usual. This is because Apple is limiting the number of customers that can enter its retail stores at any one time.
  • Enhanced deep cleanings: Finally, Apple says retail stores will undergo “enhanced deep cleanings” throughout the day to wipe down and sanitize all display products and surfaces, as well as other highly trafficked areas in the store.

69pao在线手机免费视频Of the store openings this week, 25 of those are in the U.S., including stores in Florida, Hawaii, Oklahoma, and Colorado. Stores will also open in California and Washington, but with curbside service only.

Announcing the openings, Apple reminds customers that similar measures have been in place in its Greater China stores for months now, with great success. However, Apple’s O’Brien notes that “a store opening in no way means that we won’t take the preventative step of closing it again should local conditions warrant.”

advertisement
advertisement
advertisement
advertisement

How to watch ‘Graduate Together’ and Obama’s high school commencement address live on TV or online

How to watch ‘Graduate Together’ and Obama’s high school commencement address live on TV or online
[Photo: /Unsplash]
.

advertisement

69pao在线手机免费视频The one-hour mega-celebration will include a mix of tributes, speeches, musical performances, and “inspirational vignettes” from a who’s who of A-list stars. Former President Barack Obama is headlining the extravaganza with a special message to the graduating class of 2020. Here’s what you need to know:

When is it on?

Graduate Together69pao在线手机免费视频 airs tonight (Saturday, May 16) at 8 p.m. ET/PT and 7 p.m CT.

Who is in it?

The better question is who is not in it.

69pao在线手机免费视频In addition to Obama, the list of announced participants includes LeBron James, Kane Brown, Bad Bunny, Timothée Chalamet, Chika, Lana Condor, YBN Cordae, Charli D’Amelio, Dixie D’Amelio, David Dobrik, Dolan Twins, Loren Gray, Kevin Hart, H.E.R., Chris Harrison, the Jonas Brothers featuring KAROL G, Alicia Keys, Liza Koshy, Julianne Moore, Maren Morris, Rodney Robinson (national teacher of the year), Kumail Nanjiani, Shaquille O’Neal, Brandan Bmike Odums, Ben Platt, Henry Platt, Jonah Platt, Megan Rapinoe, Yara Shahidi, Lena Waithe, Olivia Wilde, Pharrell Williams, Malala Yousafzai, and Zendaya.

Where can I watch it on TV?

Just turn on your TV, and it will probably be on.

According to the press notes, “more than 30 broadcast and cable networks and online streaming channels” in the United States will air the special. Those include broadcasters ABC, CBS, NBC, and Fox, in addition to cable networks CNN, MSNBC, The CW, and Fox News. Univision will air a Spanish-language simulcast.

Where can I stream it online?

Almost everywhere! (Note: The special will stream at 8 p.m. ET and again three hours later for people on the West Coast. A partial list of streaming participants includes , , , , , , , , and (video embedded below).

What if I’m outside the United States?

Event organizers say, “Associated Press and Reuters will carry the show to global media organizations.” Additionally, U.S. military bases will have access via the USO.

What happens after it’s over?

Go to the virtual after-party! is hosting one at 9 p.m. ET. It will include a number of DJs including Dillon Francis.

advertisement
advertisement

Job seekers: These 9 careers let you work 2 weeks on, 2 weeks off

Job seekers: These 9 careers let you work 2 weeks on, 2 weeks off
[Photo: /Unsplash]

The 40-hour workweek is a bad deal: Most of your day-to-day time is consumed by eight hours of daily work, plus eating and self-care and errands, leaving no time for your own interests.

If the coronavirus pandemic is forcing you to consider other career paths, why not seek one with an awesome schedule? “Capitalize on this unique opportunity to explore,” says Ariel Schur, CEO of New York recruiting firm ABS Staffing. “Are there certain aspirations that you’ve never explored?” Yes! Weeks off, every month. Here are “equal time off” roles.

  • Commercial shipping and fishing crews. Ships and barges hire seamen to live and work on board, often 2 weeks on, 2 weeks off.  Deep-sea routes can be 30-45 days on/off, though those schedules can be psychologically brutal. Bigger ships hire cleaners, cooks, crew, and engineers.
  • Traveling and live-in nurses. Traveling and emergency flight nurses often work long stretches on/off. Live-in nurses live 1-2 weeks in a home caring, sleeping over, followed by 1-2 weeks off.
  • Magazine fact-checkers. Editorial publications often hire fact-checkers to proof articles. At monthly magazines, this can mean working 7-14 days per month.
  • Hospital workers. Everyone from nurses and x-ray techs to physician assistants and administrative staff work on/off shifts. There are many shift varieties: Some work three 12-hour days, followed by 4 days off, or week on/week off stints of 12-hour shifts.
  • Firefighters and medics. Firehouse staffs typically work 24 hours on, 48 hours off, or 48-72 hours on, 96 hours off. Wildland firefighters work seasonally for employers like the National Park Service with 1-2 week on/off shifts.
  • Remote camp staffers. Everything from mountain base camps to arctic research camps need camp managers and staff, who typically work schedules of 3-6 months on/off, and seasonally in harsh weather environments.
  • Miners and oil field/rig workers. These locations hire a variety of positions, including camp support, security, engineers, carpenters, cleaners, field hospitality, etc. Shifts of 1-3 weeks on, 1-3 weeks off are common, working 12-hour days.
  • Wilderness trekking. Leaders of teen and adult programs typically run or assist on 2-week trips, and then enjoy 2 weeks off. Pay can be low.
  • Overseas contractor. Companies with government contracts to work abroad, often in war zones or violent regions, often work a few months a year.

69pao在线手机免费视频Pro tip: Blocks of more than a few days can damage romantic and family relationships. Workers without children often do best by finding a partner on the same schedule. Enjoy your equal time off.

advertisement
advertisement

Here’s what’s included in the $3 trillion HEROES Act

Here’s what’s included in the $3 trillion HEROES Act
[Photo: /AFGE/Flickr; /Unsplash]
.

Original story: 

A massive $3 trillion coronavirus relief bill, put forth by Democrats in the House of Representatives Tuesday, is headed into voting today. Dubbed the Health and Economic Recovery Omnibus Emergency Solutions Act, or the HEROES Act, the legislation spans 1,815 pages and lists a number of provisions for Americans struggling economically during the coronavirus crisis.

69pao在线手机免费视频Here are some of the main highlights:

  • Funding for coronavirus testing and containment measures: The bill provides $75 billion for coronavirus testing and contact tracing implementation, and also allows all Americans to receive free coronavirus treatment.
  • Direct payments to Americans: The bill provides $1,200 to individuals making less than $99,000 per year, or $2,400 to married couples making less than $198,000, and additional payments for up to three dependents.
  • Extended unemployment benefits: The bill extends $600 weekly unemployment benefits until January 2021.
  • Student loan debt forgiveness: The bill offers $10,000 loan cancellations to “economically distressed borrowers,” defined as borrowers already under pressure before the start of the pandemic.
  • Support for homeowners and renters: The bill offers $100 billion to low-income renters to protect them from eviction, and $75 billion to homeowners for mortgage payments, to protect them from foreclosure.
  • Support for frontline workers: The bill establishes a $200 billion “Heroes’ Fund” to cover hazard pay for essential workers, and supplies $850 million to states to assist with childcare and family care for essential workers.
  • Support for farmers: The bill provides $50 million to farmers, farmers markets, and local food producers impacted by supply chain disruptions, and another $50 million to fledgling farmers and ranchers.
  • Funding for the U.S. Postal Service: The bill provides $25 billion to the USPS.
  • Funding for state and local governments: The bill provides $500 billion to state governments, $375 billion to local governments, $20 billion to U.S. territories, and $20 billion to tribal governments.
  • Election security: The bill provides $3.6 billion to states to prepare for upcoming elections and to increase election security.

69pao在线手机免费视频Capitol Hill legislators’ response to the proposal has been mixed, with Democrats saying it doesn’t go far enough to ensure healthcare and economic security for Americans, and Republicans saying the price tag is far too high. If the proposal passes a House vote today, according to reports, some Republicans have indicated that the bill is likely “dead on arrival” in the Republican-led Senate.

advertisement
advertisement

Trump announces ‘Operation Warp Speed,’ not to be confused with the new ‘Star Trek’ show from CBS

Trump announces ‘Operation Warp Speed,’ not to be confused with the new ‘Star Trek’ show from CBS
[Photo: /The White House/Flickr]
69pao在线手机免费视频,” an effort to fast-track the development of an effective vaccine for COVID-19.

“That means big and it means fast,” Trump said in the White House Rose Garden on Friday afternoon.

Moncef Slaoui, a former executive at GlaxoSmithKline, will lead the effort, along with General Gustave Perna of the U.S. Army. Trump told reporters a vaccine could be available in the “near future,” possibly by the end of the year, CBS News . Public health officials, including Dr. Anthony Fauci, have generally said that a vaccine would take at least a year to 18 months, and some have predicted we won’t see one for years.

The announcement comes as states begin to slowly reopen their economies, and as the administration shifts its focus away from the immediate public health crisis and toward getting Americans back to work. Weirdly, the news also came on the same day that CBS announced Star Trek series for its All Access streaming service, an aptly titled series called Strange New Worlds.

Nothing against the milking of beloved sci-fi franchises for all they’re worth, but this is about all the Star Trek69pao在线手机免费视频 saturation we can stand for one day. Beam us out of here.

advertisement
advertisement

‘Contact tracer’ is the hot well-paying job of our era, and you can train to be one for free

‘Contact tracer’ is the hot well-paying job of our era, and you can train to be one for free
[Photo: Pablo Cordero/Pexels]
to staff up on contact tracers, hiring 100,000-300,000 employees to keep tabs on COVID-19 patients and their contacts. The job is often (though not always) well paid, up to $65,000 per year, and ideal for furloughed workers with strong social skills.

To get up to speed and stand out on your application, enroll in , a free five-hour course by Johns Hopkins Bloomberg School of Public Health, offered through Coursera. The course is taught by an epidemiologist and covers the fundamentals of the coronavirus, guidelines for contact tracing and isolation, how to be an active listener, and common difficulties. It includes scenes with professional actors, demonstrating typical contact-tracing interactions. New York State, which is hiring as many as 17,000 contact tracers, will require the course for new tracers.

69pao在线手机免费视频The course was funded by Bloomberg Philanthropies in an effort to help contact-tracing programs worldwide aggressively scale and quickly train new hires.

69pao在线手机免费视频To find a job near you, Google search “[your state] contact tracer jobs.”

advertisement
advertisement
advertisement
advertisement

Facebook grows its empire with Giphy, king of memes

Facebook grows its empire with Giphy, king of memes
[Photo: /Unsplash]
Axios. Giphy, which hosts a library of GIFs and serves as a GIF generator, already provided built-in search functions for the Facebook-owned apps Instagram, Messenger, and WhatsApp, and 50% of its traffic came from Facebook apps. In a , Facebook said it plans to “further integrate their GIF library into Instagram and our other apps” via GIF and sticker searches in Instagram Stories and Direct.

Giphy will continue to operate its own global content collection independently, and users will still be able to create and upload GIFs on the website. Developers’ and API partners’ access to Giphy’s API will remain unchanged, and Facebook said it seeks to “invest further in [Giphy’s] technology and relationships.”

advertisement
advertisement

When will bars and restaurants reopen? Here are the 12 steps the CDC says businesses should follow

When will bars and restaurants reopen? Here are the 12 steps the CDC says businesses should follow
[Photo: Amel Majanovic/Unsplash]
69pao在线手机免费视频 eating out at a restaurant in the next month based on what they know today about the coronavirus pandemic. While that is an increase from the 9% who said the same thing in early April, it still indicates that food-service establishments will face significant challenges as states begin to gradually ease their lockdown restrictions.

69pao在线手机免费视频Now the Centers for Disease Control and Prevention is offering a road map of what that gradual easing might look like for customer-starved bars and restaurants.

69pao在线手机免费视频Actually, it’s more of a flowchart than a road map. In its latest COVID-19 report yesterday, the CDC included its long-awaited guidance for food-service establishments, laying out what steps they should take to ensure they’re safe for reopening. The report includes a 12-step “” that maps out each step and explains if bars and restaurants can proceed to the next one.

The takeaway? It seems clear that most bars and restaurants won’t be reopening anytime soon, and even when they finally do, they may not resemble the frenetic, fun-filled public spaces we knew and loved before the pandemic. The CDC’s decision tool includes three parts, each asking a different question for proprietors:

  • Should you consider opening?
  • Are recommended health and safety actions in place?
  • Is ongoing monitoring in place?

Within each section is a list of additional steps, including—first and foremost—making sure the establishment is following state and local orders. The guidelines also emphasize employee safety procedures, proper cleaning and disinfecting of the environment, enforcing social-distancing practices, monitoring employees for symptoms, and being ready to communicate with local health authorities if new cases are suspected.

Trust me. This all looks better in a flowchart. You can see the .

advertisement
advertisement

A seventh Amazon worker has died from COVID-19, and employees are scared

A seventh Amazon worker has died from COVID-19, and employees are scared
[Photo: www.quotecatalog.com]
, a warehouse worker at an Amazon distribution center known as IND8 died on April 30 after contracting the disease. IND8 is in Indianapolis, and the worker’s death represents the second Amazon employee to have died in the state. Amazon workers in Jeffersonville, Indiana; Staten Island and Bethpage, New York; Waukegan, Illinois; and Hawthorne and Tracy, California, are also confirmed to have died after contracting COVID-19.

Amazon has maintained that it takes aggressive steps to make sure its workers are working under safe conditions, such as cleanings and temperature checks. But as The Verge69pao在线手机免费视频 notes, workers say such cleanings are ineffective and conditions at the warehouses make it hard for workers to social distance.

69pao在线手机免费视频One IND8 worker even reported, “Before we had the unlimited UPT [unpaid time off] so if people didn’t feel safe, they didn’t have to come to work. When that went away, we went from having one hundred twenty five people back to four to five hundred people per shift. It’s really crowded.”

Amazon has been texting its warehouse workers whenever someone tests positive for COVID-19 at their facility, but workers say the notifications aren’t specific—only mentioning that there have been one or more positive cases; the texts do not reveal specific figures. Announcing the seventh worker’s death to its employees, Amazon said, “We are saddened by the loss of an associate at our site in Indianapolis, IN. His family and loved ones are in our thoughts, and we are supporting his fellow colleagues in the days ahead.”

As of the time of this writing, at least 800 Amazon warehouse workers have tested positive for COVID-19.

advertisement
advertisement
advertisement
advertisement

This unemployment map shows how millions of job losses are impacting each state

This unemployment map shows how millions of job losses are impacting each state
[Photo: /Unsplash; /Pixabay]
comparing the impact on their workforces. The report (and its associated interactive map, embedded below) shows which states have seen the biggest increases in unemployment year over year, since January 2020, and since the start of the coronavirus pandemic, which WalletHub determined to be March 16 in the U.S. (Georgia, for example, has seen a 4,933% surge in claims since that date).

Source:

The report also compares the impact on red states as opposed to blue states and pits coronavirus job losses against Great Recession job losses (coronavirus takes the top spot—by a lot).

69pao在线手机免费视频Check out the full report .

advertisement
advertisement

Losing health insurance after a job loss: 5 alternatives to employer-based coverage

Losing health insurance after a job loss: 5 alternatives to employer-based coverage
[Photo: /Unsplash]
from the Kaiser Family Foundation, more than 26 million people will become uninsured as a result of the recent COVID-19 job losses. California, Texas, Pennsylvania, New York, Georgia, Florida, Michigan, and Ohio will be the hardest hit in terms of sheer numbers, with those states combined accounting for almost half of the newly unemployed, KFF estimates.

Fortunately, the majority of newly uninsured families will qualify for coverage under the Affordable Care Act and other alternatives. In a separate analysis, KFF lists five distinct options:

  • Medicaid: Many states have expanded Medicaid benefits under the ACA (), and people whose income falls below the threshold could qualify.
  • Marketplace: The general ACA marketplace is available for people who don’t qualify for Medicaid, and families below certain income thresholds may be eligible for subsidies.
  • ESI dependent coverage: People who lose their jobs may be able to get covered through their spouse’s or parent’s employer-sponsored insurance (ESI) as a dependent.
  • COBRA: This temporary option is available to many workers who lose their jobs, although it isn’t cheap.
  • Short-term plans: According to KFF, short-term plans of up to a year “can sometimes be renewed under revised rules from the Trump administration.”

69pao在线手机免费视频KFF’s full analysis—along with a detailed breakdown of the above options—can be found on its .

The sudden and dramatic rise in unemployment is causing some long-time vocal critics of the Affordable Care Act, aka Obamacare, to see the landmark health law in a new light. In a recent with PBS, Republican Senator John Cornyn of Texas—who fought for years to repeal the law—said it was “good news” that many people who lose their employer-based healthcare have the ACA as an option. (We’re glad that’s cleared up.)

Tragically, not all newly uninsured people will be eligible for alternative coverage, according to KFF, which estimates that 5.7 million Americans could be left with the additional burden of paying for full coverage. The reality is, many are likely to remain uninsured.

advertisement
advertisement

Coronavirus-torn NYC hasn’t lost its shine for these would-be travelers. Would you still visit?

Coronavirus-torn NYC hasn’t lost its shine for these would-be travelers. Would you still visit?
[Photo: John Lamparski/Getty Images]

What better way to escape the confines of the coronavirus pandemic than with the vast expanse of the internet?

advertisement

While Americans—barred from leaving their homes—trudge back and forth from TV room to refrigerator, they can still dream of one day traveling farther. Down the block to the local park would be a start, but with the innumerable possibilities of online search engines, imaginations take flight—soaring above and beyond our lowly borders to such foreign lands as Myrtle Beach, Las Vegas, and New York.

Booking.com, “The World’s #1 Choice for Booking Accommodations,” has shone in this moment of unlimited free time and raging cabin fever. The website offers a feature that involves clicking a heart icon present on every property’s listing, which adds it to the clicker’s “wish list.” And in an email to Fast Company69pao在线手机免费视频, the company revealed that in March and April, “millions of travel wish lists” were created that selected properties “across over 100,000 different destinations.”

69pao在线手机免费视频Of Americans’ wish lists, 51% are for domestic trips, up from 33% this time last year. And the top five U.S. destinations are:

  1. Orlando, Florida
  2. Myrtle Beach, South Carolina
  3. Miami Beach, Florida
  4. New York, New York
  5. Las Vegas, Nevada

69pao在线手机免费视频It’s unsurprising that beach destinations top the list as most of us huddle indoors, vitamin D-deficient and forgetting the feeling of sunshine on our back. The most overeager of us are already beginning to , even before it has been deemed safe. And the glitz, glamour, and gambling of Las Vegas are big draws, as always.

But it seems New York, which has been hard hit and has become the coronavirus epicenter in the United States, has not lost its shine for Americans. People would still visit! According to Booking.com, “Endorsements left for these destinations by past American travelers on Booking.com suggests that their shared appeal lies in restaurants, entertainment and shopping”—although there’s a chance that after the pandemic subsides, New York will look a lot different. As restaurants and retailers remain shuttered for months on end, the percentage that will never reopen is likely to increase, transforming the city’s streets and neighborhoods as we know them.

69pao在线手机免费视频Even so, this news represents hope that New York will pick up and carry on after the pandemic, as it has for hundreds of years. And so will Americans—to places as far away as Cancún, Paris, and Rome, according to their Booking.com international wish lists.

advertisement
advertisement

Paycheck Protection Program loan forgiveness and safe harbor deadline: Here’s the latest

Paycheck Protection Program loan forgiveness and safe harbor deadline: Here’s the latest
[Photo: /Unsplash; /Unsplash]
by The Wall Street Journal, the Small Business Administration has issued more than 40 guidance updates since the program first rolled out. The PPP, as it’s known, with 500 employees or fewer to apply for forgivable loans of up to $10 million, but the initial rules were riddled with controversial loopholes and confusing contingencies, leaving many to wonder if the funds—$350 billion in the first round approved by Congress followed by an additional $320 billion—were really money well spent.

In one notable example, the Treasury Department issued a change in guidance in April that suggested publicly traded companies that received loans should reexamine whether they really need them. Many did just that, including restaurant chains like Ruth’s Chris Steak House and Shake Shack, which vowed to return the funds.

For borrowers, two important deadlines are approaching: The safe harbor deadline and the eight-week loan forgiveness period. Here’s what to know:

Safe harbor

As noted above, the government could end up making a lot of trouble for recipients who are determined to have taken the loans in bad faith. But guidance from the SBA or the Treasury hasn’t been very clear about what that means, and many businesses have expressed concern that they could potentially be charged with fraud.

“Given potential liability, businesses should review the required certifications in their PPP loan applications, particularly the necessity of PPP loan funds to support their ongoing operations,” said Neil Getnick, an anti-fraud lawyer at the New York City firm Getnick & Getnick, in an email. “Moving forward, federal and state legislation involving funding for COVID-19-related issues needs to prioritize protecting against fraud, waste, and abuse.”

But time is running out. The deadline for returning the loan “no questions asked” is today (Thursday, May 14). After that, as the New York Law Journal , “the government will no doubt seek to make examples of undeserving PPP loan recipients.”

  • More information: You can check out the SBA’s latest update on PPP safe harbor .

Loan forgiveness period

The rules regarding loan forgiveness have also been criticized as and restrictive. PPP loans are only forgivable if a recipient spends most of the money maintaining payroll costs. According to the SBA, 75% on payroll, while the rest can be spent on other business costs like utilities or rent.

How much of the loan is forgivable? This is where it gets tricky. A borrower’s specific forgiveness amount is based on payroll costs over an eight-week period, and the clock starts ticking as soon as the loan is disbursed. For some of the first recipients, who received funds in early April, that means the eight-week period will expire in the next few weeks. What happens after eight weeks is not entirely clear (both lenders and borrowers have been asking for more guidance), but it’s likely that the loan will not be considered forgivable after that point.

It’s also worth noting that some groups—restaurants and other business with storefronts—have been in these forgiveness restrictions. Many argue that it makes no sense for them to maintain payroll when they’re unable to operate due to COVID-19 shutdown orders.

  • What’s the latest? The SBA issued yet another round of frequently asked questions to address confusion over loan forgiveness on Wednesday. .
  • What’s next? According to ABC News, the Treasury Department and SBA are new, hopefully simplified guidance on loan forgiveness. That could come as early as today. We’ll update this post if and when we hear more!
advertisement
advertisement

AnitaB.org study finds women in tech are facing a greater burden than ever before

AnitaB.org study finds women in tech are facing a greater burden than ever before
[Photo: /Pexels]

We already know the number of women in tech is woefully low. Now the COVID-19 pandemic is threatening to push those stats further in the wrong direction.

69pao在线手机免费视频A of 2,620 global respondents conducted by AnitaB.org—the first in a series of studies to track the pandemic’s evolving impact on technical women over time—shows exactly how female technologists are faring and what they’re most concerned about as we collectively move through this crisis.

Among the key findings from the report:

  • 46% of women in tech say they’re worried about losing their job.
  • 22% say layoffs and furloughs are already happening, and an additional 44% say they’re concerned it will happen soon.
  • 43% of all women technologists and 57% of underrepresented minority women technologists believe that if they were laid off it would be hard to find a new job.
  • 32% report their workload increased, and 36% say they’re essential workers who must go on-site to do their jobs.

In addition to the increased workload, those who are able to work from home are reporting that they’re doing an average of 9 hours a week more of domestic labor. Those with kids say they’re adding another 17 hours of domestic work per week. And women in tech who are underrepresented minorities are clocking an additional 25 hours of unpaid labor in the home. One survey respondent put it this way: “I went from one job to multiple full-time jobs.” No wonder the majority (52%) are reporting a decline in mental health.

69pao在线手机免费视频The report observes that disasters have historically had a “disproportionately negative impact on women, and technical women, especially students and underrepresented ones, are feeling the brunt.” indicates that, indeed, the economic recovery from the last recession disproportionately favored men—even in sectors that tend to employ more women, such as education and health services.

69pao在线手机免费视频“During times of economic downturn, many companies cut back on their efforts to promote diversity, equity, and inclusion, jeopardizing the already low representation of women in technology,” the report’s authors write. “Representation and retention of diverse women in technology are critical to ensuring that technology is focused on the needs of all people.”

advertisement
advertisement
advertisement
advertisement

Amazon will soon sell its own-branded face shields to stop COVID-19 price gougers

Amazon will soon sell its own-branded face shields to stop COVID-19 price gougers
[Photo: /Unsplash]
that it is gearing up to make and sell its own Amazon-branded face shields—at one-third the cost that they typically go for on its site.

The face shields are being designed by Amazon’s Prime Air drone delivery unit. Ten thousand of them have already been donated to frontline medical workers, with another 20,000 units expected to be delivered this week. After that, however, Amazon will begin selling hundreds of thousands of the face shields on its website later this month.

At first, the face shields will be limited to purchase by frontline workers, with sales extending to any Amazon customer in the future. And while no price has been announced, Brad Porter, a vice president and lead engineer of Amazon Robotics, they’ll cost much less than current face shields sold on the site:

Because of the design innovations and the capabilities of our supply chain, we are confident we will be able to list them at a significantly lower price—almost a third of the cost—than all other reusable face shields currently available to frontline workers.

As CNBC , third-party sellers currently charge anywhere from $15 to $35 dollars for a face shield. Once Amazon’s own face shields hit the market, you can then expect to pay anywhere between $5 and $12 for them, which will undoubtedly drive down the cost of face shields from third-party sellers, too.

advertisement
advertisement

WHO’s chief scientist: COVID-19 pandemic could be uncontrollable for the next 5 years

WHO’s chief scientist: COVID-19 pandemic could be uncontrollable for the next 5 years
World Health Organization Chief Scientist, Dr. Soumya Swaminathan. [Photo: Fabrice Coffrini/AFP via Getty Images]
, speaking at The Financial Times‘ Global Boardroom webinar on Wednesday, Swaminathan said, “I would say in a four- to five-year time frame, we could be looking at controlling this.”

Her comments will come as a disappointment for those who are hoping worrying about the virus could be a thing of the past by as soon as next year. Swaminathan said a number of factors impact the timeline in which we can control the virus, including containment measures, if and how the virus mutates, and, of course, whether we discover a vaccine.

69pao在线手机免费视频She noted that while a vaccine is the “best way out,” there are a large number of uncertainties that could prolong the time it takes to put a dent into the virus’s spread. Finding a vaccine is just the first step. The logistics of making enough of the vaccine and distributing it to over 7 billion people on the planet is a monumental task.

Swaminathan isn’t the only WHO official who cautioned about thinking that the pandemic could have a short run. At a separate event yesterday, executive director of the WHO’s emergencies program, Dr. Mike Ryan, warned COVID-19 “may never go away.” Speaking at WHO’s Geneva headquarters, Ryan :

69pao在线手机免费视频It is important to put this on the table: This virus may become just another endemic virus in our communities, and this virus may never go away . . . I think it is important we are realistic and I don’t think anyone can predict when this disease will disappear.

69pao在线手机免费视频To date, the virus has infected over 4.3 million people with confirmed deaths surpassing almost 300,000. Despite those numbers, Ryan noted that the “current number of people in our population who’ve been infected is actually relatively low.” In other words, the virus has billions of more people it can infect—and plenty of time to do it.

advertisement
advertisement

Even just one sugary drink per day may increase your risk of cardiovascular disease

Even just one sugary drink per day may increase your risk of cardiovascular disease
[Photo: /Unsplash]
, published today in the Journal of the American Heart Association69pao在线手机免费视频, looked at data from 106,000 women over 20 years and found that drinking sugar-sweetened beverages daily “was associated with a nearly 20% greater likelihood of women having a cardiovascular disease compared to women who rarely or never drank sugary beverages,” the American Heart Association wrote.

The researchers relied on survey data from the decades-long California Teachers Study and inpatient hospitalization records in the state. They wrote that their findings “expand the literature on unfavorable effects of [sugar-sweetened beverage] intake.”

That literature includes a , which found that men who drink one sugary drink per day have a 20% greater likelihood of coronary heart disease compared to men who don’t. The U.S. Centers for Disease Control and Prevention, meanwhile, continues to urge adults and kids to and instead turn to—you guessed it—.

advertisement
advertisement

It’s not your imagination: Grocery bills are rising, and these are the main culprits

It’s not your imagination: Grocery bills are rising, and these are the main culprits
[Photos: /Unsplash; /Unsplash]
69pao在线手机免费视频, and a selection of snacks.

Not helping were the hoards of panic-buyers, who loaded their shopping carts with months’ worth of products, further cleaning out shelves that could not be restocked for other customers.

With supply levels low and demand levels high, we must69pao在线手机免费视频 expect prices to increase. And our economic smarts do not fail us, the U.S. Labor Department. Data shows a great majority of grocery store categories have become pricier from March 2020 to April 2020.

69pao在线手机免费视频Here’s by how much:

  • Fresh biscuits, rolls, and muffins: Up 4.7%
  • Cereals: Up 1.6%
  • Rice and pasta: Up 2.5%
  • Bread: Up 3.7%
  • Cookies: Up 5.1%
  • Crackers: Up 4.0%
  • Uncooked ground beef: Up 4.8%
  • Uncooked beef roasts: Up 5.0%
  • Pork chops: Up 7.4%
  • Pork roasts, steak, and ribs: Up 10.1%
  • Fresh whole chicken: Up 7.1%
  • Frankfurters: Up 5.7%
  • Fresh fish and seafood: Up 4.2%
  • Frozen fish and seafood: Up 5.8%
  • Eggs: Up 16.1%
  • Milk: Up 1.5%
  • Apples: Up 4.9%
  • Oranges and tangerines: Up 5.6%
  • Canned vegetables: Up 3.6%
  • Frozen vegetables: Up 2.7%
  • Soups: Up 2.6%
  • Snacks: Up 3.8%
  • Instant coffee: Up 2.5%

69pao在线手机免费视频See the full set of data .

advertisement
advertisement

16351 Stories