negative | Common News Update

Jan122021 by adminNo Comments

Ocean pollutants ‘have negative effect on male fertility’

Science

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Nov212020 by adminNo Comments

$20,000 in credit card debt and a negative bank account: The cost of one woman’s wait for unemployment benefits during Covid-19

Finance

Jeanne Flynn, 34, has accumulated thousands in credit card debt while waiting for unemployment benefits to arrive in New Jersey.Jeanne FlynnJeanne Flynn used to worry about money. But never like this.Flynn, 34, lost her restaurant job in March as the coronavirus pandemic raged.Months of waiting for unemployment benefits and little savings forced Flynn, who has two young children and is still out of work, to use credit cards to live.Nine months later, the damage has been substantial: $ 20,000 in new debt, a negative bank-account balance and a plummeting credit score, records show.More from Personal Finance:12 million Americans set to lose unemployment benefits by year's endMoney may be tight during the holidays. How to prepare your kidsFor families of color, the pandemic brings an outsized...

Sep282020 by adminNo Comments

Bank deputy governor warns against negative interest rates

Business

A Bank of England (BoE) deputy governor has spoken out against setting negative interest rates, which would bring the cost of borrowing below zero."At present, negative policy rates would be less effective as a tool to stimulate the economy," Sir Dave Ramsden told the Society of Professional Economists (SPE).The Bank has so far responded to the pandemic by cutting rates to just 0.1%.But some policymakers want it to do more.If interest rates are negative, the BoE charges for any deposits it holds on behalf of the banks. That encourages banks to lend the money to business rather than deposit it.But with interest rates already low, it's not clear how much negative rates would help spur new activity. Negative interest rates: Bank of England policymaker defend...

Sep272020 by adminNo Comments

Negative interest rates: Bank of England policymaker defends plan

Business

A Bank of England (BoE) policymaker has defended the potential use of negative interest rates, which could take the cost of borrowing below zero.Silvana Tenreyro told the Sunday Telegraph that evidence from other countries was "encouraging".On Tuesday, the BoE governor played down the prospect of taking rates below zero, insisting it just needed to make sure it could do so if needed.The Bank has so far responded to the pandemic by cutting rates to just 0.1%. If interest rates are negative, the BoE charges for any deposits it holds on behalf of the banks. That encourages banks to lend the money to business rather than deposit it.In an interview with the newspaper, Ms Tenreyro - an external member of the Bank's Monetary Policy Committee - said that evidenc...

Sep262020 by adminNo Comments

NHS Covid-19: App users unable to input negative tests

Technology

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