How Low Can Dems Go On Unemployment Benefits?

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WASHINGTON ― The extra $600 a week Congress added to unemployment benefits is set to expire in a matter of days, and Republicans and Democrats remain as far apart as ever on a deal to extend the money ― both between their parties and within them.

Senate Republicans have delayed unveiling their own legislation to extend the benefits all week, with Majority Leader Mitch McConnell (R-Ky.) now saying Republicans in his chamber will release their bill on Monday. 

Democratic leaders won’t have much time to negotiate before benefits expire. In fact, even though the extra money was supposed to last until the end of July, many recipients will get their final $600 on Saturday or Sunday, because most states pay benefits on the weekend and July 31 is a Friday. (Regular state unemployment benefits, which are much lower, will continue.) 

And when lawmakers finally get around to hashing out final

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Dreaming about your next trip? You’re not alone, but this time it’s different

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If you’ve already canceled your summer vacation, you’re probably dreaming about your next one. It’s OK. So are a lot of people.

Rob Hall is one of them. He skipped his family cruise to Italy this summer but is optimistic that the worst of the COVID-19 outbreak will be over by fall. He’s planning to fly to Maui for a few days in October – at least that’s his dream. 

“We so badly need to get away,” says Hall, a retired financial services manager from Walnut Creek, California.

He’s not the only one. A survey of travelers by Qtrip finds plenty of pent-up demand for travel. A surprising 40% of respondents are planning to travel this summer. Another 23% are waiting until the fall or winter, and 7% are holding off until spring. (And the remaining 30% say they don’t have a clue when they’ll travel again.) 

“We were surprised

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5 Coronavirus-Proof GARP Stocks to Pick on Discounted PEG

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Investors have been agonized by the coronavirus pandemic-triggered market sell offs. However, the benchmark indices touched a fresh high two days back, thanks to the positive sentiment surrounding the news of the U.S. government placing an initial vaccination order of 100 million doses to Pfizer and BioNTech.

Policymakers have left no stone unturned to provide an impetus to the market. The Fed slashed the benchmark interest rate to nearly zero and a quantitative easing program too was announced to increase money supply. President Trump signed economic relief packages to help small businesses, hospitals as well as to boost testing.

Now the big question is which investment strategy can you resort to right now?  Some investors have managed to bridge the gap between value and growth with a hybrid strategy of investment called GARP (growth at a reasonable price). Their theory suggests that the principles of both value and growth strategies

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What happens if my Spain holiday is cancelled?

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Sunbathers wear face masks on a beach in Galicia - Getty
Sunbathers wear face masks on a beach in Galicia – Getty

It’s a nervous time for holidaymakers headed for Spain, with localised lockdowns in Catalonia and Aragon and nearly 1,000 new cases reported in the country yesterday, including a rise in infections in Malaga. France is considering closing its border with Spain and there have been rumours of further restrictions and a possible reintroduction of quarantine measures for British travellers returning from the country. 

The good news is that the FCO has just announced (on Friday) that – for the time being at least – there will be no change to its advice and people who have trips booked can continue to travel. 

The situation remains under review however, and Tui – the biggest tour operator – has already said that it will suspend its programme to Spain if quarantine rules are re-imposed. It is likely that it would be

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‘Killing Eve’ Filming Delay; ‘Tenet’ & ‘Mulan’ Undated; UK Insurance D-Day

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Happy Friday readers. Tom Grater checking in with your weekly dose of international news. Here are some Deadline headlines from the past seven days that you need to read. If you want to subscribe to get this alert in a timely fashion, sign up here.

1. Scoop: Coronavirus Sticks Knife In ‘Killing Eve’

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Killer blow: Killing Eve has had to abandon its plans to film in August, my colleague Jake Kanter reveals. The show’s jigsaw puzzle-like European location shoot has proved too complicated at this point in the pandemic, and producer Sid Gentle Films is yet to set a restart date. Read the full story here.

Unsettling reminder: Killing Eve‘s quandary is a reminder that, even as swathes of shows start to come back online over the coming weeks, producers can’t solve every problem with a bible of safety

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How Much You Should Have in Your Retirement Fund at Every Age

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If you’re counting on Social Security to fund your retirement, you might want to think again. According to MarketWatch, the two funds that pay Social Security’s benefits — the Old-Age and Survivors Insurance and the Disability Insurance trust funds — will run out of money in 2035 if Congress does nothing to fix the program. While Social Security benefits won’t disappear if this happens, the funds will come only from taxes and therefore payouts will be lower. With less help from the government, it’s important to start saving now to protect yourself and your loved ones during your golden years.

There are numerous studies and theories about how much you should have saved for retirement, emergencies, necessities and other expenditures. For example, studies by Fidelity and T. Rowe Price show the retirement savings benchmarks for where you need to be, starting at age 25. Both studies stress the need to

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Aurora Police Warn Of Unemployment, Fake Check Scams

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AURORA, IL — More than a dozen Aurora residents have been targeted by two increasingly popular scams, prompting police to issue a warning to residents.

At least 10 residents have filed reports with the Aurora Police Department after receiving debit cards in the mail to access unemployment benefits they never applied for. Several other residents have lost money after being defrauded while trying to sell items through online marketplaces like Craigslist and OfferUp, police said.

East Aurora Schools To Start Fall Semester With Remote Learning

Unemployment systems throughout the country are being targeted by fraudsters amid the coronavirus pandemic, according to Illinois Department of Employment Security officials. Gov. J.B. Pritzker said Wednesday that state officials are working with federal authorities to investigate “the nationwide fraud scheme impacting each state’s federal pandemic unemployment assistance program.”

West Aurora District 129 To Offer Remote, Hybrid Learning Plans

Any resident who receives a debit

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The bright spot in Trump’s coronavirus response

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Hello, everyone! Welcome to the new edition of Insider Today. Please sign up here.

QUOTE OF THE DAY

“Person, woman, man, camera, TV … if you get it in order you get extra points.” — President Donald Trump bragging about his performance on a test given to screen people for dementia.

WHAT’S HAPPENING

Portland Mayor Ted Wheeler is tear gassed while visiting protesters demonstrating against the presence of federal agents on July 22, 2020.
Portland Mayor Ted Wheeler is tear gassed while visiting protesters demonstrating against the presence of federal agents on July 22, 2020.

Twitter @ByMikeBaker

US weekly jobless claims rose to 1.4 million last week, more than economists expected and the first increase in months. It signals that the recovery has stalled as the virus surges in the South, West, and Midwest. More than 50 million Americans have filed for unemployment during the pandemic.  

Senate Republicans have ditched the payroll tax cut from their proposed relief bill. They’re proposing another round of stimulus checks instead. President Trump seems

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More Help Is Coming, But $600 Unemployment Bonus Will Lapse First

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A second economic rescue package is on the horizon, one that will likely include another stimulus check, funding for small businesses and schools, additional jobless benefits and more. But as lawmakers debate the finer points, a critical provision of the first relief package is set to expire.

Federal Pandemic Unemployment Compensation, or FPUC, boosts all Americans’ unemployment payments by $600 per week, automatically. That provision of the $2.2 trillion CARES Act expires July 31 unless Congress acts immediately to extend it.

That deadline is according to the wording of the CARES Act, but the payments effectively end sooner. State unemployment agencies typically operate on a Sunday to Saturday schedule (or vice versa), meaning the last unemployment payment including the $600 bonus will be paid out either July 25 or July 26.

With the clock ticking, that means jobless Americans are likely to see a lapse in their unemployment payments —

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Broadway Community Project Maps Industry Family Tree To Demonstrate Scope Of Shutdown, Need For Relief

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Click here to read the full article.

While Congress debates how much (or how little) to parse out to the entertainment industry in the next COVID-19 relief package, a group of Broadway insiders is making clear just how wide and varied the $14.7 billion Broadway ecosystem really is.

In what is meant to be an evolving effort, The is an interactive online diagram – an industrywide family tree of sorts – displaying the more than 170 roles that represent more than 100,000 jobs that make up what’s known simply as Broadway. There are actors, or course, and ushers, concession employees and stage doormen, but also the workers usually unseen by the public: milliners, say, and insurance brokers, house managers, musical contractors, general managers and, of course, producers, to name just a sampling.

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The interactive diagram – clicking on a particular icon representing a particular job title and

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