Business

Low-income households can now apply for a $50 monthly discount for internet.

Millions of low-income Americans became eligible on Wednesday for an emergency discount on high-speed internet service and devices to get online, an effort aimed at providing relief to families that have struggled during the pandemic as school, work and health care have moved online. The Federal Communications Commission’s subsidy program, the Emergency Broadband Benefit, can […]

World News Live

UN agencies delivered nearly 10,000 oxygen concentrators, 10 million medical masks to India

Several United Nations agencies have delivered nearly 10,000 oxygen concentrators and about 10 million medical masks to India to support national and local governments to tackle the COVID-19 pandemic, according to the spokesman for the UN chief. In India, the UN team on the ground “continues to support the authorities – both nationally and locally […]

Technology

Google Pay Now Lets Users Send Money From US to India and Singapore

Google Pay will now let users in the US to send money to their friends and families in India and Singapore. This officially marks the tech giant’s entry into the remittance services market. Google has partnered with Western Union and Wise to enable the new service via the Google Pay app. Although foreign transfers via […]

WhatsApp may soon introduce end-to-end encryption for chat backups

Twitter Beta Testing ‘Chirp’ Font Family for Web: Report

Technology

Senate committee advances nomination of Lina Khan to the FTC

Lina Khan, nominee for Commissioner of the Federal Trade Commission (FTC), speaks during a Senate Committee on Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, DC, April 21, 2021. Saul Loeb | Pool | Reuters The nomination of tech critic Lina Khan to the Federal Trade Commission will move to a full […]

NASA’s Voyager 1 Space Probe Detects ‘Persistent Hum’ 14 Billion Miles From Earth

CryptoPunks NFT Portraits Sell for $16.9 Million at Christie’s Auction

Economy

Inflation spooks stocks and raises fear the Fed is wrong that the price spike is temporary

Traders look on as a screen shows Federal Reserve Chairman Jerome Powell’s news conference after the U.S. Federal Reserve interest rates announcement on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 31, 2019. Brendan McDermid | Reuters Red-hot consumer inflation data for April spooked markets and raised concerns that […]

Economy

Weekly mortgage refinance demand jumped on brief drop in rates

Real estate agents leave a home for sale during a broker open house in San Francisco, California. Justin Sullivan | Getty Images A brief drop in mortgage interest rates sent some borrowers rushing to their lenders to see if they could get any savings. That sent total mortgage application volume up 2.1% last week from […]

Economy

Consumer price index April 2021:

Inflation accelerated at its fastest pace in more than 12 years for April as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department reported Wednesday. The Consumer Price Index, which measures a basket of goods as well as energy and housing costs, rose 4.2% from a year ago, compared […]

Economy

Job openings leaped above 8 million in March, a new record high

A help wanted sign is displayed in the window of a Brooklyn business in New York. Spencer Platt | Getty Images Job openings popped to a record high in March as employers struggled to find workers to fill those positions, the Labor Department reported Tuesday. Even as help wanted jumped from February by 597,000, or […]

Economy

As the U.S. economy restarts from the pandemic, parts of it are severely broken

A worker operates a forklift to move bundles of Hampton lumber for a shipment order at Burton Lumber in Salt Lake City, Utah, on Thursday, May 6, 2021. George Frey | Bloomberg | Getty Images The U.S. economy is trying to restart its engine after tumbling into its deepest recession in generations, but a variety […]

Economy

Mitch McConnell says bill should cost up to $800 billion

Senate Minority Leader Mitch McConnell speaks to reporters after the Senate Republican lunch on Capitol Hill in Washington, March 23, 2021. Kevin Lamarque | Reuters Senate Minority Leader Mitch McConnell said an infrastructure plan should cost no more than $800 billion, setting down a marker ahead of a critical week for efforts to craft a […]

Economy

Restaurants are ‘sucking wind’ but battling back amid worker shortage

View of the Prohibition Taproom in Philadelphia. Owner Michael Pasquarello, who owns two other establishments in the city, is optimistic about the future despite issues that plague the industry. Source: Google Earth Like many in his field, restaurateur Michael Pasquarello is grateful to have survived the damage the pandemic did to his business and is […]

Economy

Joe Biden addresses unemployment insurance after April jobs report

US President Joe Biden speak about the Covid-19 response and the vaccination program in the State Dining Room of the White House on May 4, 2021. Nicholas Kamm | AFP | Getty Images President Joe Biden on Monday urged U.S. companies to boost pay for workers as he outlined the steps his administration is taking […]