[Bleacher Report] While general manager Sean Marks wouldn’t totally rule it out, Kevin Durant is reportedly not playing for the Brooklyn Nets if the 2019-20 NBA season resumes. “Kevin Durant’s not coming back to the Nets this year if they play,” ESPN’s Adrian Wojnarowski said on his podcast. “That’s not happening. They’re not playing him.” Durant has long […]
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[CNN] Businesses struggle to rehire workers as states reopen New York (CNN Business)US airline workers have been largely spared from the carnage that’s pushed the country’s unemployment to record highs since the start of the coronavirus pandemic. But those same workers -— roughly 750,000 pilots, flight attendants, baggage handlers,mechanics and others — […]
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[Bloomberg] FOMC voter says virus impact may linger for year or two Real jobless rate in U.S. is already as high as 24%, he says Americans should brace for even more gut-wrenching news on unemployment amid the coronavirus pandemic, and Congress should consider providing more help, said Federal Reserve Bank […]
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[ROLLING STONE] The White House’s inability to track the disease as it spread across the nation crippled the government’s response and led to the worst disaster this country has faced in nearly a century Dr. Robert Redfield, the director of the Centers for Disease Control, flanked Donald Trump at the podium in the White […]
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[Motley Fool, Getty Images] While others are focused on the oil industry, check out these top picks. Everybody’s talking about oil right now: oil stocks, oil prices, oil tankers stuck offshore because there’s no room for their cargo in storage. But the outlook for the oil industry is uncertain at best, and […]
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[Cointelegraph] Bitcoin price is struggling to crack $10,000 while other cryptocurrencies are attempting to catch up during the weekend lull. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, hit the psychological barrier of $10,000 but immediately rejected. Meanwhile, the sentiment is shifting from fear towards greed as the Crypto Fear […]
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[Business Insider, Getty Images] When my husband and I were first married 13 years ago, we bought term life insurance policies — one each. We each pay about $25 a month each for two 30-year policies worth $300,000 per policy. Ten years later, we added two more 30-year policies worth […]
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[Washington Post] The pandemic’s devastating economic toll came into sharp focus Friday, via grim data about the U.S. workforce: More than 20 million jobs disappeared from payrolls in April — wiping out a decade of gains in a single month as the unemployment rate jumped to 14.7 percent, highest since the […]
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[Business Insider, Getty Images] When the Federal Reserve dropped the federal funds rate target to zero in March 2020, the average interest rate fell to a record low. As interest rates fell, I jumped at the opportunity to save on my mortgage. Instead of opting for the lowest-possible payment on a […]
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[Bloomberg] Becomes one of first big-name investors to embrace crypto. Private Company Macro investor Paul Tudor Jones is buying Bitcoin as a hedge against the inflation he sees coming from central bank money-printing, telling clients it reminds him of the role gold played in the 1970s. “The best profit-maximizing strategy […]
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