Category: News | Opportunity Zones (page 68 of 83)

News | Opportunity Zones and Qualified Opportunity Funds

The economy as we knew it may be over, Fed chief says | CNN BUSINESS

CNN BUSINESS | The economy as we knew it may be over, Fed chief says

New York (CNN Business) – The Covid-19 pandemic brought the economy to a screeching halt, and while it has started its long road to recovery, the economy we knew is probably a thing of the past, said Federal Reserve Chairman Jerome Powell on Thursday.

“We’re recovering, but to a different economy,” Powell said during a virtual panel discussion at the European Central Bank’s Forum on Central Banking.

The pandemic has accelerated existing trends in the economy and society, including the increasing use of technology, telework and automation, he said. This will have lasting effects on how people live and work.  —read more

Penn Jillette: “You have one job, Joe” | CNN

CNN | Penn Jillette: “You have one job, Joe”

Okay, so it’s not over, there will be court fights, but Joe has won. I used to identify as Libertarian, I used to have opinions on government. I used to think I disagreed with Joe Biden on most everything, but I voted for him. I wanted the other guy fired and I wanted Joe hired and for me the job description is now very simple. I need Joe to love all the Trump supporters. I don’t care if Joe raises taxes. I don’t care if Joe helps add stupid, counterproductive regulations. I don’t care about anything except love and kindness.  —read more

A national museum where veterans, not war, come first | CNN travel

CNN travel | A national museum where veterans, not war, come first

Columbus, Ohio (CNN) — Military museums across the United States and around the world often offer visitors glimpses of world wars, commemorating the men and women who sacrificed their lives for their country.

The National Veterans Memorial and Museum has a broader goal: to represent veterans — not just war.

War stories are present, of course, but they aren’t primary. Instead, there’s attention given to the decision to serve, training and boot camp, the sacred oath, deployment and personnel roles, separation from friends and family, survival, sacrifice and homecoming.  —read more

Biden plans executive actions that would undo Trump’s policies | CNN politics

CNN politics | Biden plans executive actions that would undo Trump’s policies

(CNN) – President-elect Joe Biden has pledged to reassert the United States’ leadership role on the global stage through a series of day-one executive actions that would mark a drastic turn from outgoing President Donald Trump’s policies.

Now that Biden has defeated Trump, his transition team is beginning to turn his campaign-trail promises into plans he can implement early in his presidency.

Biden’s first focus is likely to be the worsening coronavirus pandemic. He is set to name a 12-person coronavirus task force on Monday, two sources with knowledge of his plans said. Biden also said during the campaign that he will speak with Dr. Anthony Fauci, the government’s top infectious diseases expert, before taking office.  —read more

‘Her story is our story:’ Alpha Kappa Alpha sorority sisters bask in Kamala Harris’ victory | CNN politics

CNN politics | ‘Her story is our story:’ Alpha Kappa Alpha sorority sisters bask in Kamala Harris’ victory

(CNN) – Michelle Arrington was on a plane headed to a beach reunion with her Alpha Kappa Alpha Sorority sisters Saturday when American history happened.

The Atlanta lawyer said she switched on her cellphone when she landed in Richmond, Virginia, saw a stream of 72 messages and “I thought ‘it has to be it.’ ”

Kamala Harris had become the first woman, the first Black woman, the first South Asian — and yes, the first member of the storied Alpha Kappa Alpha Sorority — elected as vice president.  –read more–

The end of $600 stimulus checks has left unemployed Americans facing financial ruin | CNN BUSINESS

CNN BUSINESS | The end of $600 stimulus checks has left unemployed Americans facing financial ruin

New York (CNN) – Congress’ failure to extend supplemental unemployment insurance benefits is taking a serious financial toll on millions of laid-off or furloughed US workers and exacerbating wealth inequality, according to a new study.

Many out-of-work Americans were able to maintain their finances through August, in large part because of the weekly $600 supplemental unemployment benefit checks they were receiving through the CARES Act, which expired at the end of July, according to a new paper by researchers from Harvard, the University of Oxford and George Washington University.

But that financial stability crumbled in September and October as negotiations on a new stimulus bill reached a stalemate.  —read more

People with blood type O may have lower risk of Covid-19 infection and severe illness, two new studies suggest | CNN health

CNN health | People with blood type O may have lower risk of Covid-19 infection and severe illness, two new studies suggest

(CNN) – People with blood type O may be less vulnerable to Covid-19 and have a reduced likelihood of getting severely ill, according to two studies published Wednesday. Experts say more research is needed.

The research provides further evidence that blood type (also known as blood group) may play a role in a person’s susceptibility to infection and their chance of having a severe bout of the disease. The reasons for this link aren’t clear and more research is needed to say what implications, if any, it has for patients.  —read more

Hamilton wins wild race in Imola as Mercedes clinch seventh-straight constructors’ title | F1

F1 | Hamilton wins wild race in Imola as Mercedes clinch seventh-straight constructors’ title

Lewis Hamilton spearheaded Mercedes claiming their record seventh consecutive constructors’ title at the Emilia Romagna Grand Prix, leading home team mate Valtteri Bottas and a delighted Daniel Ricciardo – but there was late race drama as Red Bull’s Max Verstappen retired from P2 after appearing to suffer a tyre issue, bringing out a Safety Car that led to a climactic race ending.

Bottas had enjoyed a strong start to the Imola race from pole position, leading into Turn 2 as Hamilton lost out to Verstappen on the run down to Tamburello on Lap 1 and moved to third.

But Mercedes’ decision to give Hamilton a long first stint paid dividends when Renault’s Esteban Ocon retired at the side of the track on Lap 29, the resultant Virtual Safety Car allowing Hamilton to pit from the lead – Bottas and Verstappen having boxed earlier in the race – and retain P1.  —read more

Lewis Hamilton exclusive: Creating a lasting impact beyond breaking F1’s records | sky sports F1

sky sports F1 | Lewis Hamilton exclusive: Creating a lasting impact beyond breaking F1’s records

“You want to look back and say I was a part of something much bigger than myself, than my team, than the sport, and I did it with a whole group of people and a lot of force against us, but also a lot of force because there was many of us pushing in the same direction”

Lewis Hamilton has just become Formula 1’s new record holder for race victories and could, within a space of the next fortnight, also equal the record number of championships with a seventh world title.  —read more

These states could legalize marijuana this November | CNN politics

CNN politics | These states could legalize marijuana this November

(CNN) – Four more states could choose to legalize recreational marijuana through ballot measures this Election Day.

Voters in Republican-led Arizona and South Dakota and Democrat-led Montana and New Jersey will consider proposals to legalize recreational marijuana. Another red state, Mississippi, is weighing a pair of ballot questions to legalize medical marijuana. Currently, 11 states have legalized full, adult marijuana use. All but two did so by ballot initiative, which poses the question directly to voters.

Polls show that the ballots initiatives have support in Arizona, Montana and New Jersey.  –read more

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