General World News

Fans in Argentina Mourn Death of Diego Maradona

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Football fans around the world are mourning the sudden death Wednesday of Diego Maradona, one of the sport’s greatest players.  In his home country of Argentina, fans gathered to pay tribute to Maradona, who died at age 60 of a heart attack.  Edgar Maciel filed this report. Camera: Edgar Maciel. details ⇒ BusinessMediaguide.Com portal received […]

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Argentines Remember Maradona as He Lies in State

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Argentines crowded near the presidential mansion Thursday where football star Diego Maradona’s funeral is being held. Thousands of Argentines faced police officers and long lines to pay their respects to the legendary midfielder, who died of a cardiorespiratory issue at the age of 60 a day earlier. EN VIVO | Despedida a Diego Armando Maradona […]

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John Fetterman, Pennsylvania’s lieutenant governor and a rising star in the Democratic Party, isn’t a progressive. He says he’s just being honest.

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Summary List Placement John Fetterman, the former mayor of Braddock, was elected lieutenant governor of Pennsylvania in 2018, beating out better-funded opponents. He is not a democratic socialist, although he was a big supporter of Sen. Bernie Sanders, and he doesn’t even like the label of “progressive.” John Fetterman, Pennsylvania’s Democratic lieutenant governor who lives […]

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How 2020 broke the housing market: So many homes are selling that we could run out of new houses in months

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Summary List Placement Have you thought about moving amid the coronavirus pandemic? Is your Instagram feed littered with captions reading “Surprise! We bought a house!” underneath photos of couples posing with sets of keys and whimsically colored front doors? Have you seen unbearably long lines for open houses in your own neighborhood? If it seems […]

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Coursera is offering a free online resume course right now — you’ll learn to put together a strong resume for any industry with the help of a professional career counselor

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  Summary List Placement “How to Write a Resume” helps you create or update your resume strategically no matter which industry you’re in, with best practices and advice on current trends as well as insight on common pitfalls. The course is led by a SUNY career counselor and includes a segment with an employer who […]

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Argentina Soccer Great Maradona Dies at 60

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Argentine soccer great Diego Maradona has died. Maradona was among the best players in history and led his country to the 1986 World Cup title before later struggling with cocaine use and obesity. He was 60. Maradona was famous for the “Hand of God” goal in which he punched the ball into England’s net during […]

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The K-shaped recovery just keeps getting more K-shaped — better for those at the top and worse at the bottom

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Summary List Placement SEE ALSO: Meet the ‘K-shaped’ recession, where professional workers are largely fine and everyone else is doing awful Join the conversation about this story » NOW WATCH: How waste is dealt with on the world’s largest cruise ship details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: BusinessInsider.Com

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Record low mortgage rates hold steady at 2.72%

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The average U.S. mortgage rate for a 30-year fixed loan remained unchanged at 2.72% this week, Freddie Mac said in a report on Thursday – the second week in a row rates have sat at the lowest recorded level in the survey’s near 50-year history. The average fixed rate for a 15-year mortgage also remained unchanged from last week at 2.28%. […]

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One in 20 people in the UK are homeless — Here’s how this fund leverages real estate investing to reduce homelessness and provide solid 7.5% yearly returns

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Summary List Placement Environment, Social and Governance investing hit the mainstream this year with a wide range of new investment products being launched. It is expected that ESG funds will outnumber conventional funds by 2025, according to PWC. Despite the rise in ESG products, the ‘Social’ element is the most complex to quantify. A BNP […]

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Treasury Secretary Mnuchin is moving $455 billion of unspent stimulus money into a fund the incoming Biden administration can’t deploy without Congress

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Summary List Placement Treasury Secretary Steven Mnuchin is moving $455 billion in unspent stimulus money into a fund that the incoming Biden administration cannot deploy without Congress, Bloomberg reported on Tuesday.  That amount includes money that Mnuchin is yanking from the Federal Reserve and unused loans for companies. The funds will be deposited into the […]

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A top Senate Democrat says a smaller stimulus package may be needed to get through winter months

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Summary List Placement Sen. Debbie Stabenow, the fourth-ranking Democrat in the upper chamber, urged immediate action on an economic aid package in the lame-duck session of Congress, even if it was a smaller measure to support people and businesses through the winter. The Michigan Democrat said there were discussions going on in a “bipartisan basis” […]

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Inside the journeys of 4 millennials ditching New York for Florida to escape winter — and oppressive lockdowns — in favor of boating, tennis, and the beach

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Summary List Placement Alissa Farina rode out the early days of the coronavirus pandemic in her tiny Manhattan studio. But with the inevitable sub-zero temperatures of a Northeast winter made even harsher by looming COVID-19 restrictions on dining, gyms, and social activities, the 24-year-old entrepreneur decided to move south — to save her sanity. When […]

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Almost half a trillion dollars — first report of its kind calculates the true global cost of wealthy and corporate tax avoidance

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Summary List Placement A report by the global advocacy group Tax Justice Network found that countries lose $427 billion in revenue per year from wealthy individuals and corporations evading taxes. About $245 billion of these losses stem from corporations shifting their profits to “tax-haven” countries where corporate taxes are very low or nonexistent, the report […]

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China Set to Launch Lunar Probe

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China is scheduled to launch an unmanned spacecraft to the moon Monday to land, gather soil and rock samples, and return them to Earth.     If successful, it will be the first mission by any nation to retrieve samples from the lunar surface since the 1970s, and the third nation, after the United States […]

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The US economy will shrink in the 1st quarter of 2021 as winter weather spurs virus resurgence, JPMorgan says

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Summary List Placement JPMorgan expects the US economy to shrink in the first quarter of 2021 as new lockdown measures cut into economic activity. Economists led by Michael Feroli lowered their first-quarter gross domestic product forecast to -1% on Friday, making JPMorgan the first major bank to call for a contraction at the start of […]

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The 25 most expensive ZIP codes in America in 2020

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Summary List Placement While people may be leaving urban hubs like San Francisco and New York in droves amid the coronavirus pandemic, real estate in ritzy enclaves just outside those cities is more expensive than ever. Mass migration to posh suburbs has pushed up median home prices in California and New York, the two states […]

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Nobel-winning economist Paul Krugman says Biden won’t engage in Trump-style boasting — and his team will be unlike the ‘quacks and hacks’ in the incumbent administration

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Summary List Placement Nobel laureate Paul Krugman said President-elect Joe Biden won’t engage in Trump-style boasting and his team won’t be like the “quacks and hacks” that populate the incumbent administration. He expects US growth to boom next year, once a COVID-19 vaccine is widely distributed, but warned Biden shouldn’t become complacent about good news […]

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‘It’s everything:’ Here’s how a pair of Senate races in Georgia in January could decide whether Congress enacts a $3.4 trillion stimulus plan

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Summary List Placement President-elect Joe Biden is on course to assume office on January 20, but the balance of power in Washington is still unresolved with a pair of Senate runoffs in Georgia just two weeks before Biden’s inauguration.  In one race, Democrat Jon Ossoff is challenging Republican Sen. David Perdue, while Republican Sen. Kelly […]

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Mitch McConnell says Congress should redirect unspent stimulus money to prop up small businesses, backing Mnuchin in his fight against the Fed

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Summary List Placement Senate Majority Leader Mitch McConnell issued a statement on Friday afternoon supporting Treasury Secretary Steven Mnuchin’s call for Congress to repurpose unspent stimulus money — and backing the Trump administration in its extraordinary clash against the Federal Reserve. McConnell said “there is an obvious right use” for the unused funds. He argued […]

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Secretary DeVos Unveils Interactive Online Portal to Provide Transparency on Use of CARES Act Education Funding by States, Grantees

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WASHINGTON — U.S. Secretary of Education Betsy DeVos announced today a new online portal that clearly shows if states, local educational agencies (LEAs), and institutions of higher education (IHEs) are using the Coronavirus Aid, Relief, and Economic Security (CARES) Act’s $31 billion Education Stabilization Fund (ESF) meant to keep learning going for students during the pandemic. details ⇒ […]

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The 25 fastest-growing cities in America, ranked

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Summary List Placement Amid the coronavirus pandemic, many are ditching giant hubs like New York City and San Francisco and looking to shack up elsewhere. Rapid economic growth plays a key part in what makes up-and-coming cities attractive potential landing spots. WalletHub recently analyzed 515 US cities to identify the locales that experienced the highest levels […]

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Treasury Secretary Mnuchin wants to redirect $580 billion of unspent stimulus money to prop up small businesses and extend unemployment benefits

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Summary List Placement Treasury Secretary Steven Mnuchin wants to redirect unspent stimulus money into the American economy, he said on Thursday evening. “I hope that Congress will seriously consider reallocating $580 billion of funds that have already been appropriated that wouldn’t cost taxpayers an additional penny,” he told Bloomberg. The pool of funds includes money […]

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Congress must pass new stimulus now to fend off another virus-driven economic slowdown, says one Fed president

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Summary List Placement Congress needs to act soon if it aims to avoid another bout of economic turmoil, Federal Reserve Bank of Cleveland President Loretta Mester said Thursday. Fears of a double-dip recession are escalating as the US contends with its worst wave yet of COVID-19 infections. Daily case counts continue to hit new records, […]

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Gen Z’s surging economic power will permanently change the investing landscape over the next decade, Bank of America says

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Summary List Placement Generation Z’s economic power is the fastest-growing around the world, and investors should start preparing for tectonic shifts in consumer preferences, Bank of America strategists said Thursday. Gen Z’s earnings are set to hit $33 trillion by 2030 and account for more than a quarter of all global income. By 2031, the […]

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Here’s why a stimulus package with $1,200 checks may not be passed until Biden takes office in January

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Summary List Placement Despite immense public health and economic challenges, Congress has not approved another coronavirus relief plan and appears unlikely to do so during the lame duck session. Both parties are clashing on spending levels and the contents of a fourth aid package. The United States, meanwhile, is being blanketed by another wave of […]

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COVID-19 threatens to create a ‘lockdown generation’ in Europe: Here’s why young people could be the ones paying for yet another crisis

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Summary List Placement Fears are growing of a COVID-19 “lockdown generation” in Europe: Young people whose futures will likely be ruined by the economic calamity caused by the virus.  In April, unemployment rose four times higher among the young (15.4%) in the European Union (EU) than among the overall population (6.6%), EU data shows. Despite […]

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‘Starvation wages’: Walmart and McDonald’s among firms with the most workers on food stamps and Medicaid, according to a Bernie Sanders-commissioned report

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Summary List Placement Thousands of workers at Walmart, McDonald’s, and other stores and fast food chains are on federally-funded social safety net programs to help pay for basic needs like healthcare and food, according to a report by the nonpartisan Government Accountability Office (GAO). Sen. Bernie Sanders of Vermont, who commissioned the report, described the […]

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For the Holidays, Apps That Assess Your COVID-19 Risk

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As the deadly coronavirus continues to rage across the U.S. and around the world, people are turning to COVID-19-related apps to figure out their day-to-day risks. VOA’s Julie Taboh has more. Producers: Julie Taboh, Adam Greenbaum details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com

General World News

Millennial Life: Eat, Sleep, Work, Screens

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Would you give up nearly a decade of your life looking at your cellphone? Calculated by today’s usage, the average person spends a little over 76,500 hours – or 8.74 years – on a smartphone over a lifetime, according to a FILE – Marilu Rodriguez checks a news website on her smartphone before boarding a […]