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The Cuomo administration finally distributed unemployment insurance benefits this week to 2.26 million New Yorkers — $1.9 billion in total — just weeks after the White House accused the state of dragging its feet on the matter. The state Labor Department said the jobless New Yorkers received retroactive federal Lost Wage Assistance benefits of $300 …
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Officials in Nashville, Tn. concealed from the media how few coronavirus cases had been traced to bars and restaurants in the city, according to emails sent between the mayor’s office and the city’s health department. Emails obtained by FOX 17 News appear to show that the two offices seemingly conspired to conceal data showing that …
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WASHINGTON — Top officials from the nation’s hobbled airlines visited the White House on Thursday to plead for financial relief as Congress continues to delay on passing another round of urgently-needed coronavirus stimulus. CEOs from American, United, Hawaiian, Delta and Southwest Airlines met with Chief of Staff Mark Meadows to push for more aid before …
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The coronavirus will likely leave a permanent mark on the world’s largest asset management company, and CEO Larry Fink isn’t thrilled about it. “I don’t believe BlackRock will be ever 100 percent back in office,” the New York company’s billionaire chairman and chief executive revealed on Thursday. “I actually believe maybe 60 percent or 70 …
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Biotech firm Moderna expects to know by November whether its coronavirus vaccine is effective at warding off the deadly disease, CEO Stephane Bancel said Thursday. Massachusetts-based Moderna says it has enrolled 25,296 people in the late-stage clinical trial of its COVID-19 vaccine that kicked off in July, one of three such studies currently underway in …
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“The Batman” is ready to fly again. Two weeks after the film’s star, Robert Pattinson, tested positive for the coronavirus, production on the much-anticipated film has resumed outside of London, England. “Following a hiatus for COVID 19 quarantine precautions, filming has now resumed on ‘The Batman’ in the UK,” Warner Bros. Pictures said in a …
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Nearly 60 percent of businesses that closed nationwide during the COVID-19 pandemic are never reopening again, according to a report. The vast majority of those businesses are restaurants and gift stores, according to Yelp’s Local Economic Impact Report, a monthly survey of business listings. As of Aug. 31, 163,735 businesses were listed as closed, with …
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Chris Rock blamed the Democrats for letting “the pandemic come in” by focusing too much on trying to impeach President Trump, according to a new report. The comedian, 55, opened up in a wide-ranging interview with the New York Times in which he touched on the current state of politics and discussed his new show …
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Massive federal spending meant to blunt the coronavirus’s economic impact could have long-term costs, experts say — meaning those stimulus checks might not be free money after all. Congress’s unprecedented stimulus measures coupled with the Federal Reserve’s aggressive efforts to shore up the economy could drive up inflation in the coming years, leaving Americans with …
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Some 860,000 Americans applied for unemployment benefits last week as the coronavirus pandemic continued to weigh on the US labor market, the feds said Thursday. Last week’s initial jobless claims dropped from the prior week’s revised total of 893,000 but brought the total for the coronavirus pandemic to more than 61 million — a number …