General World News

US Runner Richardson Will Miss Olympic 100 After Marijuana Test

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American champion Sha’Carri Richardson cannot run in the Olympic 100-meter race after testing positive for a chemical found in marijuana.   Richardson, who won the 100 at Olympic trials in 10.86 seconds on June 19, told of her ban Friday on the “Today Show.” She tested positive at the Olympic trials and so her result is erased. Fourth-place […]

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The number of people who are unemployed because they quit their jobs is at its highest point of the pandemic

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Summary List Placement While the number of jobs added in June trounced expectations, another measure also paradoxically ticked up: More unemployed people said their reason for being jobless was quitting than any other month of the pandemic. In June, 164,000 more unemployed people quit or voluntarily left their jobs, according to data from the Bureau […]

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June jobs report trounces expectations with 850,000 payroll gains as labor-market recovery picks up

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Summary List Placement Hiring accelerated again in June as Americans returned to the workforce and reopening further juiced demand. The US economy added 850,000 nonfarm payrolls last month, the Bureau of Labor Statistics announced Friday. The median estimate from economists surveyed by Bloomberg was for an increase of 720,000 jobs. The data suggests the labor […]

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Over 200,000 workers are seeing a pay bump today as 2 states and DC up their minimum wages

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Summary List Placement Today, two states and Washington, DC are scheduled to increase their minimum wages. Those hikes all come from scheduled incremental increases, a tactic used to increase wages without causing too much economic strain. Over 200,000 workers will see their paychecks grow, according to an estimate by Ben Zipperer of the left-leaning Economic […]

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Here are the 5 climate provisions House Democrats want Biden to include in the bipartisan infrastructure deal

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Summary List Placement Last week, President Joe Biden’s infrastructure deal with a bipartisan group of senators, while largely focused on roads and bridges, eliminated some climate measures from his initial $2 trillion plan. Democrats likely have another bite at the apple with a party-line reconciliation bill, and House Democrats want to ensure climate doesn’t get left […]

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Udacity is offering a full scholarship for an AWS Machine Learning Nanodegree, and all you need to do to apply is finish this free online course

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  Summary List Placement Table of Contents: Masthead Sticky Machine learning is a rapidly growing industry, creating a predicted 58 million available jobs in 2022, according to a 2018 report.  While there are plenty of job opportunities in the field, learning the skills needed can require money and free time that not everyone can easily […]

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3 charts show rising prices won’t be a huge problem for the economy, according to Goldman Sachs

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Summary List Placement The specter of inflation might not be as scary as many anticipated. Gauges of nationwide price growth show inflation hitting its fastest rate since 2008 as the economy reopens and businesses struggle with supply shortages. Yet underlying dynamics aren’t so clear-cut, economists at Goldman Sachs said in a Wednesday note. For one, much […]

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Department of Education Implements TEACH Grant Program Changes to Benefit Teachers and Students

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The U.S. Department of Education (ED) today announced changes to the Teacher Education Assistance for College and Higher Education (TEACH) Grant Program, the only federal student aid grant program that directly benefits teachers working in high-need fields and underserved schools. details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: Website of U.S. […]

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Mortgage rates dip back down to 2.98%

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The average 30-year fixed-rate mortgage fell four basis points from the week prior to 2.98%, according to data released Thursday by Freddie Mac‘s PMMS. Within the past almost three months, mortgage rates have only peaked above 3% one time. “Economic growth remains steady and is bolstering more segments of the economy,” said Sam Khater, Freddie Mac’s Chief Economist. […]

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Pressure mounts on Biden to extend the student-loan payment freeze as 2 top Democrats join the effort

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Summary List Placement Democrats and advocacy organizations have been calling on President Joe Biden to extend the student-loan payment pause past its September expiration to ensure borrowers are not improperly thrown into repayment. Two top Democrats just joined the fight. Patty Murray and Bobby Scott, chairs of the Senate and House Education Committees, respectively, sent […]

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Weekly jobless claims slide again to new pandemic-era low of 364,000

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Summary List Placement The number of Americans filing for unemployment insurance sank last week as Republican-led states prematurely ended the federal government’s boost to benefits. Jobless claims reached an unadjusted 364,000 last week, the Labor Department announced Thursday morning. Economists surveyed by Bloomberg held a median estimate of 388,000 claims. The print marks a second […]

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Janet Yellen says there could be a financial crisis if there’s no deal on the debt ceiling by August. 5 experts break down what’s at stake — and whether markets will face ‘catastrophic’ consequences

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Summary List Placement Treasury Secretary Janet Yellen has issued an ominous warning to lawmakers about the potential fallout from not ensuring the US government’s ability to keep on borrowing.  She told a Senate panel on June 23 the US may not be able to pay its bills by mid-August and could be at risk of […]

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Golden Globes Change Rules to Break Language Barrier

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The Golden Globes, American film awards at the heart of a lively controversy in recent months over their representativeness, announced Wednesday that they would change their rules to allow foreign language films to compete in the generalist categories and films of animation.    These criticisms prompted the NBC broadcaster to cancel the ceremony scheduled for next […]

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The IRS is swamped with 35 million unprocessed tax returns, meaning people will have to wait longer for refunds

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Summary List Placement The Internal Revenue Service is grappling with a massive backlog of 35 million unprocessed tax returns, according to a new report from a government watchdog. That will cause millions of individual and business taxpayers to wait to receive potentially critical federal refunds. The report from National Taxpayer Advocate Erin Collins, an independent […]

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18 delicious books by chefs and food writers, from Anthony Bourdain to Padma Lakshmi

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Summary List Placement Memoirs may transport readers into the lives of incredible people, but food memoirs take us straight into their kitchens. Chefs and food writers weave their personal stories through memorable meals and sweat-laden shifts to bring readers life lessons and anecdotes that are easy to devour.  I chose these recommendations because they highlight […]

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America’s first Black billionaire is calling for $14 trillion in reparations to compensate for slavery, Jim Crow, and ‘200 years of systemic racism’

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Summary List Placement Robert L. Johnson, America’s first Black billionaire and founder of Black Entertainment Television (BET), is calling on the federal government to pay out $14 trillion in reparations to Black Americans — and he wants a check too.  Johnson made the charge in an interview with Vice News published Wednesday.  “Reparations would require […]

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The 23 best science fiction books, from classics like “Dune” to new hits like “Ready Player One”

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  Summary List Placement Science fiction books are set in worlds reminiscent of our own, each with their own speculative realities twisted by science and technology. The sci-fi genre has evolved to include an array of sub-genres that feature dystopias, aliens, time travel, apocalypses, and more. Many science fiction novels also use imaginative elements reminiscent […]

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New American Funding to expand nationwide

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California-based mortgage lender New American Funding is increasing its national footprint to include the Northeast, Southeast, Midwest, Southwest, and Mid-Atlantic. Sam Ellsworth will lead the expansion as director of national retail sales. Along with planting locations in key cities across the country, Ellsworth said the expansion effort includes strengthening high-level company leadership, which will enable the […]

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The $7 trillion climate question facing Fannie and Freddie

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During the Trump administration, Fannie Mae and Freddie Mac appeared to studiously avoid weighing in on the potential effects of climate change on the value of their more than $7 trillion of securitized mortgages.  After all, the former president was a well known climate skeptic and the GSEs perhaps wanted to avoid his ire, especially […]

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Bill Cosby Sex Assault Conviction Overturned by Court

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Pennsylvania’s highest court overturned  Bill Cosby’s sex assault conviction Wednesday after finding an agreement with a previous prosecutor prevented him from being charged in the case. Cosby has served more than two years of a three- to 10-year sentence at a state prison near Philadelphia. He had vowed to serve all 10 years rather than […]

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Bill Cosby Freed From Prison, His Sex Conviction Overturned

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Pennsylvania’s highest court threw out Bill Cosby’s sexual assault conviction and released him from prison Wednesday in a stunning reversal of fortune for the comedian once known as “America’s Dad,” ruling that the prosecutor who brought the case was bound by his predecessor’s agreement not to charge Cosby. Cosby, 83, flashed the V-for-victory sign to […]

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Pelosi rebuffs McConnell’s demands on infrastructure, holding firm on clearing a Democrat-only social spending plan

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Summary List Placement House Speaker Nancy Pelosi is holding firm on her commitment to not approve a $579 billion bipartisan infrastructure agreement until a party-line package reaches the lower chamber. “The statement that I made as such is the statement I stand by,” Pelosi told reporters at a press conference, adding that House Democrats are […]

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Borrowers with student debt ‘regularly’ got wrong information from servicers, CFPB finds

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Summary List Placement President Joe Biden’s Education Department has begun the process of reforming the student-loan system. But new findings from an agency within his administration stressed the dire need to implement reforms. The Consumer Financial Protection Bureau (CFPB), which ensures consumers are treated fairly, released a report on Tuesday that found loan servicers have […]

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Older Women Are the Fresh Faces of South Korean Influencers

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The freshest faces among South Korean influencers are no longer the usual, 20-something celebrities. Instead, entertainment and social media are focusing on a new generation: the elder generation.   Older women were once invisible in South Korean entertainment as the industry stuck to rigidly conservative traditional female roles and cast them only as devoted mothers. […]

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A former McKinsey partner believes he can defeat Uber and Lyft by giving drivers better benefits and employee status — and he just raised $45 million to do that (UBER, LYFT)

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Summary List Placement Uber and Lyft say they’ve been making strides in rebuilding their driver workforce as the economy opens up, but they’re encountering a vastly different labor market and a driver shortage. Will Coleman, the CEO of Alto, a ride-hailing competitor, told Insider he believes the driver shortage is largely due to better options […]

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Summer Solstice Yoga Returns to NYC’s Times Square

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Solstice Yoga returned to New York City’s Times Square in 2021, after being suspended last year because of the pandemic. The all-day event brought together over two thousand enthusiasts with their yoga mats to the very heart of Times Square. Evgeny Maslov filed this story narrated by Anna Rice. Camera: Michael Eckels details ⇒ BusinessMediaguide.Com […]

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Women are the majority in education, yet still find themselves overlooked for promotions and making less than their male peers

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Summary List Placement In schools, it’s not uncommon to look around any given staff meeting and find a plurality of women.  Education is one of the largest occupational fields in the country, with over 5.5 million Americans working as kindergarten through twelfth grade (K-12) teachers. Far-flung from the overwhelmingly male industries of software development, finance, […]

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New Statue of Liberty Arrives in New York From France

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A new, smaller version of the Statue of Liberty arrived Wednesday at Ellis Island in New York Harbor, a gift to the United States from France, 135 years after that nation presented the original Lady Liberty to the U.S.   The nearly-three-meter version of the statue arrived in New York after a nine-day journey across […]

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Interest in mortgages hits lowest level in 18 months

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After two consecutive weeks of increases, mortgage applications decreased 6.9% in the week ending June 25, 2021, according to the latest report from the Mortgage Bankers Association. Mortgage applications had increased 2.1% and 4.2% in the previous two weeks, respectively. The 6.9% dip brought application volume to its lowest level in almost 18 months, according […]

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Delia Fiallo, ‘Mother of the Telenovela,’ Dies in Miami

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Cuban screenwriter Delia  Fiallo, widely seen as “the mother of the telenovela” and the writer behind international hits like the soap opera “Crystal,” died Tuesday in Miami at the age of 96, her daughter-in-law confirmed to AFP.  A pioneer of the wildly popular romantic soap operas in Latin America, Fiallo , whose career began in the […]

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Homepoint restructures operations, lays off workers

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Homepoint, the No. 3 wholesale lender in America, has reorganized its operations and sales personnel in a restructuring that will lead to the loss of potentially hundreds of jobs. On Monday, the Ann Arbor, Michigan-based lender said its new regionalized staffing model, dubbed “Homepoint Amplify,” has been rolled out to broker partners across the country […]