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This city is giving residents $500 per month. Some hope it can become a national plan

This city is giving residents $500 per month. Some hope it can become a national plan

Finance
Tomas Vargas, Jr., of Stockton, Calif., says that receiving money through the city's universal basic income experiment has been life changing.Snap Jackson PhotographyA few years ago, Tomas Vargas, Jr., was having a tough time supporting his family.The Stockton, California, resident, a part-time supervisor at UPS, found his paychecks were not enough to cover his expenses. To pick up extra cash, he looked for more work, by fixing cars and helping neighbors out around their houses."I was stressed out," Vargas, 36, said. "I was living paycheck by paycheck but I was having to hustle on top of it to get my bills paid."Then, something changed. He was selected to participate in a new program offered by the city.Called SEED, which stands for Stockton Economic Empowerment Demonstration, the program ...
Danny Rose says no problem with Premier League players giving up wages

Danny Rose says no problem with Premier League players giving up wages

Sports
Premier League players' "backs are against the wall" over discussions about wage cuts, says Danny Rose.Top-flight clubs have agreed to propose a 30% cut to ease the financial burden of the coronavirus crisis.There had been criticism for the slow response from football, while some clubs - including Newcastle - have placed staff on temporary leave. "We're all keen to make something happen," Rose, who is on loan at Newcastle, told BBC Radio 5 Live."I can only speak for myself but I would have no problems whatsoever contributing any of my wages to people who are fighting this on the front line and to people who have been affected by what's happening at the minute."What are Premier League and Engl...
The market is so haywire some Wall Street strategists threw in the towel on giving S&P 500 targets

The market is so haywire some Wall Street strategists threw in the towel on giving S&P 500 targets

Finance
The stock market has gone so haywire amid the coronavirus crisis that some strategists on Wall Street are giving up on forecasting what comes next.Over the past week or so, chief market strategists at BMO, Oppenheimer and Canaccord Genuity have all suspended their year-end targets on the S&P 500, blaming the unprecedented economic uncertainty that makes projecting the market a fool's errand."For the first time in our collective careers, we have decided to suspend our year-end S&P 500 price and EPS targets in favor of rolling 12-month forecasts," BMO's Brian Belski and Nicholas Roccanova said in a note. "We believe there is minimal rational method for predicting the path of US stocks given the rapidity and volatility of data, forecasts, and emotions on a nearly d...
‘My ability to see depends on men giving blood’

‘My ability to see depends on men giving blood’

Health
A woman who would lose her vision if there was not enough male blood available to treat her condition is urging more men to donate. Jo Daniels, 39, from Bristol, has the autoimmune disease Sjogren's syndrome, which attacks her tear glands and leaves her with painful ulcers on her corneas. She uses a daily eye serum, made from male blood, to keep her sight. Only 41% of new blood donors in England last year were men. The high level of iron present in male blood makes it especially helpful to patients who rely on regular life-saving transfusions. Unlike men, women produce antibodies during pregnancy which makes their blood unviable for numerous specialist transfusions and blood-based products, such as complete blood transfusions in newborn babies. 'In the da...
Why is Ivanka Trump giving a keynote speech at CES?

Why is Ivanka Trump giving a keynote speech at CES?

Technology
Ivanka Trump, the daughter of President Donald Trump, will be on stage on Tuesday at the Consumer Electronics Show in Las Vegas to talk about the future of work - but her invitation has caused controversy.Gary Shapiro, the chief executive of the company which runs CES, defended inviting Ms Trump and refused to answer the BBC when it asked whether her appearance had been requested by the White House. Ms Trump has been appointed co-chair of two governmental advisory boards, including the national council for the American worker.She will share the stage with eight senior business leaders, only two of whom are female, prompting criticism that women who understand how tech will impact the future of work are being under-represented. The US has enjoyed record levels of jobs growth throughout ...