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Tag: millions

Congress stalled on stimulus talks and time is running out as millions face a ‘benefits cliff’

Finance
Bill Clark | CQ-Roll Call, Inc. | Getty ImagesMillions of jobless Americans are likely eyeing ongoing negotiations in Congress around a new coronavirus relief package with intense interest.Unemployment benefits — namely, the size of a weekly subsidy to benefits — are among the thorny issues that have delayed a deal for months.Congress gave an extra $ 600 a week to the unemployed as part of the CARES Act relief law signed in March. That aid expired in July.More from Personal Finance:Delayed unemployment benefits cost her $ 20,000 in debtLong food lines signal need for more coronavirus stimulus aidYou can get unemployment benefits if you're laid off againA new weekly subsidy is almost certain to be part of any upcoming federal relief package, according to unemployment and policy experts.Th
Ashley offers Green £50m lifeline amid tussle over Arcadia millions

Ashley offers Green £50m lifeline amid tussle over Arcadia millions

Business
Mike Ashley is offering a £50m lifeline to keep Arcadia Group afloat amid a looming tussle between the high street's biggest beasts for control of Sir Philip Green's TopShop empire.Sky News has learnt that Mr Ashley's Frasers Group has drawn up plans for an emergency loan to Arcadia just hours before its board appoints administrators, putting 13,000 jobs at risk. The proposal will intensify the bitter rivalry between the two men, and mirrors similar tactics used by Mr Ashley prior to the collapse of other big retailers, including Debenhams, in recent years. Image: Arcadia's collapse would cap one of the most spectacular implosions in recent corporate history Chris Wootton, Frasers' chief financial officer, confirmed the offer on Satur
China tests millions after coronavirus flare-ups in 3 cities

China tests millions after coronavirus flare-ups in 3 cities

Health
Chinese authorities are testing millions of people, imposing lockdowns and shutting down schools after locally transmitted coronavirus cases were discovered in three cities across the country last weekByThe Associated PressNovember 23, 2020, 9:54 AM• 4 min readShare to FacebookShare to TwitterEmail this articleBEIJING -- Chinese authorities are testing millions of people, imposing lockdowns and shutting down schools after multiple locally transmitted coronavirus cases were discovered in three cities across the country last week.As temperatures drop, large-scale measures are being enacted in the cities of Tianjin, Shanghai and Manzhouli, despite the low number of new cases compared to the United States and other countries that are seeing new waves of infections.Many experts and government o

UN: Pandemic tough on millions of Mideast, NAfrican children

World
The U.N. children's agency says the global pandemic and ensuing lockdown have taken their toll on the mental and physical well-being of millions of kids in the Middle East and North AfricaBy NOHA ELHENNAWY Associated PressNovember 20, 2020, 10:13 AM• 3 min readCAIRO -- The global pandemic and ensuing lockdown have taken their toll on the mental and physical well-being of millions of kids in the Middle East and North Africa, the U.N. children's agency said Friday.In a survey of more than 7,000 households in seven countries in the region covering 13,000 children, UNICEF found that more than 90% of respondents believe the coronavirus pandemic has affected their children negatively.“Restrictions on movement and closure of schools had a severe impact on children’s daily routines, their social i
‘Millions face hardship’ as government support ends

‘Millions face hardship’ as government support ends

Business
Have you made use of a government support scheme? What will the end of support mean for you? Share your experiences by emailing .css-yidnqd-InlineLink:link{color:#3F3F42;}.css-yidnqd-InlineLink:visited{color:#696969;}.css-yidnqd-InlineLink:link,.css-yidnqd-InlineLink:visited{font-weight:bolder;border-bottom:1px solid #BABABA;-webkit-text-decoration:none;text-decoration:none;}.css-yidnqd-InlineLink:link:hover,.css-yidnqd-InlineLink:visited:hover,.css-yidnqd-InlineLink:link:focus,.css-yidnqd-InlineLink:visited:focus{border-bottom-color:currentcolor;border-bottom-width:2px;color:#B80000;}@supports (text-underline-offset:0.25em){.css-yidnqd-InlineLink:link,.css-yidnqd-InlineLink:visited{border-bottom:none;-webkit-text-decoration:underline #BABABA;text-decoration:underline #BABABA;-webkit-text-...