Saturday, July 18, 2020

Trump administration opposes new funds for testing, tracing and CDC in virus relief bill - The

The administration's posture has angered some GOP senators, the officials said, and some lawmakers are trying to push back and ensure that the money stays in the bill. The officials, who spoke on condition of anonymity to reveal confidential deliberations, cautioned that the talks were fluid and the numbers were in flux.

The negotiations center around a bill Senate Majority Leader Mitch McConnell (R-Ky.) is preparing to unveil this coming week as part of negotiations with Democrats on what will likely be the last major coronavirus relief bill before the November election.

Publisher: Washington Post
Date: 2020-07-18T21:36:26.603Z
Twitter: @WashingtonPost
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Not to change the topic here:

Is It Safe to Put Money into a High Yield Savings Account?

It's general common sense that saving your money is an essential part of building financial security.

And if you're making the effort, it's smart to stash your money in a high-yield savings account . Not only do they offer a higher return than traditional savings accounts , but your money is insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000.

"A savings account isn't high risk," Kaya Ladejobi , a New York-based certified financial planner, tells CNBC Select. But while high-yield savings offer low to no risk, Ladejobi warns that "one shouldn't have expectations of growing their nest egg this way."

Publisher: CNBC
Date: 2020-07-17T19:04:52 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Weston: Probate workarounds can save heirs time, money - Columbian.com

Probate tends to be less onerous in most other states, but the process still costs money and delays when beneficiaries can receive their inheritance.

Avoiding probate, however, also requires time or money and sometimes both. If you’re trying to decide whether to make the investment to spare your heirs the expense and hassle of probate, here’s what to keep in mind:

* * *

If you die with a lot of debt, probate can help by limiting the amount of time creditors have to make claims against your estate, says attorney Betsy Simmons Hannibal, a writer and editor at self-help legal site Nolo. If there isn’t enough to pay all your creditors, the probate court decides how much each creditor gets. Without probate, creditors may surface after your assets have been distributed and sue your heirs or the person who divided up your estate, she says.

Publisher: The Columbian
Twitter: @thecolumbian
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5 Must-Have Resources for Anyone Looking to Make Money Online - GreenwichTime

As a serial entrepreneur, I love building and creating. With businesses varying from agencies to SaaS and everything in between, I enjoy focusing on the tech space. I also love figuring out how to make my money generate even more money. Once you learn how to do it, it becomes the greatest business game you can play.

In this quest for diversification and accumulation, I have become mildly obsessed with creating and selling courses geared towards teaching others how they can disrupt the online world in their own way (while making money the entire time).

Publisher: GreenwichTime
Date: 2020-07-18T16:30:00Z
Author: Andrew Medal
Twitter: @GreenwichTime
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Many things are taking place:

Money for Nothing: Should Investors Get Excited About ... a Utility?

Utilities make money by generating and selling electricity. Because starting and running a utility requires massive investments in equipment, like generators and transmission lines, the utility must spread out those costs across many customers. So having many small utilities compete for customers would push electricity's prices up, rather than down.

There are three parts to every utility's profits: How much money it brings in (revenues), stacked up against the costs that don't change (fixed costs, like those transmission lines and generators we mentioned) and the costs that do (variable costs, like the price of the fuel it uses to generate energy.) Those fixed costs aren't going anywhere, and the government caps how much utilities can hike prices to amass more revenue.

Publisher: _____
Date: 2020-07-18T09:08:00-04:00
Author: Luis Morales
Twitter: @themotleyfool
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Don't Waste Your Money on Penny Stocks; These 3 Stocks Are Better Buys | The

The danger with this sort of thinking is that you may end up with a bunch of lemons that are cheap for a very justifiable reason. Penny stocks are so named for a good reason. Some may have fallen on tough times and are unable to recover their former glory, while others could just wallow in mediocrity for years to come, lacking the spark that can take the business to a higher level.

* * *

Apple has built up a strong ecosystem of developers and users with its app store, and this network effect is making its competitive moat even stronger. For its second-quarter fiscal 2020 earnings, the company reported an all-time high revenue for its services division and a quarterly high for its wearables division. The services segment, which consists of offerings such as Apple TV and Apple Pay, now make up almost 23% of total revenue and was up 16.6% year over year.

Publisher: _____
Date: 2020-07-18T10:19:00-04:00
Author: Royston Yang
Twitter: @themotleyfool
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Money for Louisiana rental assistance program could run out sooner than later

NEW ORLEANS, La. (WVUE) -Louisiana residents falling behind on rent due the COVID-19 pandemic can now take advantage of the states rental assistance program.

* * *

"The program is available to start taking applications. This will be administered on a first come first serve basis," Governor Edwards said in a press conference Thursday.

With up to $24 million currently allocated, state officials say those who meet certain requirements should apply now if they've been unable to make their rent payments.

Publisher: https://www.wafb.com
Date: 2020-07-18T18:10:53.320Z
Author: Josh Roberson
Twitter: @WAFB
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PPP Government Money Saves Thousands Of Long Beach Jobs | Business | gazettes.com

In 2016, businesswoman Kerstin Kansteiner, right, is honored for her efforts to tie the arts into the city's economic development by Arts Council President Tasha Hunter, left, and Arts Council Executive Director Griselda Suarez.

There's no question about its impact on Berlin Bistro, a much-loved cafe on Fourth Street in Long Beach, according to owner Kerstin Kansteiner, who said she received roughly $100,000 through the program.

* * *

Because the restaurant had to shut down for two months, all of the food in the kitchen spoiled — and now she must pay to replenish the stock.

Publisher: www.Gazettes.com
Author: Hayley MunguiaSpecial to the Grunion
Twitter: @gruniongazette
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