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Pittsburgh is the latest city to launch a guaranteed income program using money from Twitter’s co-founder.In July, Twitter CEO and co-founder Jack Dorsey announced he was making millions of dollars available to cities who wanted to implement guaranteed income plans.“This is one tool to close the wealth and income gap, level systemic race and gender inequalities, and create economic security for families,” Dorsey tweeted. 432

OTAY MESA, Calif. (KGTV) — An unusual fossil deposit was discovered during construction at the State Route 11/Otay Mesa East Port of Entry Project, yielding remains that may be up to 28 million years old.The state Department of Transportation says skeletal remains of extinct mammals — including camels, oreodonts, rodents, and possibly a large carnivore — were discovered at the site of the SR-11 and Otay Mesa East Port of Entry project.The fossils are estimated to be somewhere between 16 to 28 million years old, or Earth's Tertiary Period, and could provide more insight into our area's history.Paleo Monitors from the San Diego Natural History Museum found the remains in what appears to be a new geologic formation that has yet to be mapped in the region. The area also contains plant fossils and volcanic bombs (or pieces of rock ejected by a volcano), the DOT says.The Nat will curate and catalog the fossils into its paleontology program.The construction project, which will create a new port of entry into the country, will continue as planned, the state said. 1080

Pawn shops offer a way for people to get fast cash for loaned items, or for them to shop for items at a discount.When the pandemic hit, pawn shops were deemed essential and stayed open, but the reasons people came in were different than what was expected.“This is how we test diamonds, it’s a diamond tester” Michael Mack, owner of Max Pawn, said while explaining how pawn shops figure out the worth of a ring. “And then we weigh.”This is part of the process at a pawn shop, customers bring an item in and an employee assesses it. They make an offer based on value. If you say yes, you walk out the door with cash. You either keep the money and the shop eventually puts your stuff up for sale, or you bring the money back and reclaim your items.Like all industries, COVID-19 has caused some change.“Business is difficult,” Mack said. “All of these businesses are not able to do business the way they used to, and pawn shops are no different.”However, pawn shops were deemed essential. “We’re a financial institution. We remained open this entire time,” said Andy Zimmerman, CFO at Gold & Silver Pawn Shop.There to provide loans for people in need of fast cash, sometimes to those who don’t have access to a bank.“Unbanked and underbanked, they typically refer to a consumer that finds your typical bank branch not really meet their needs,” said Jonathan Polter, CEO of the app PawnGuru. The app connects customers with pawn shops, without having to go into a store first.“Traditional banks make money off a variety of transactions and because of the financial situation of the unbanked and underbanked consumer, they’re typically not credit-worthy of many of those other products,” Polter said. This was important during the last recession.“When 2008 hit, pawn shops became more prevalent because banks were giving less money to everyone. Before, pawn shops catered to a lower class middle class,” Mack explained. “We had people come in and get a loan on a Ferrari to pay their private school bill.”That’s what shop owners said they expected when the economy took a hit in March.“The anticipation was that the loan balances or the pawns would increase but, in fact, it’s worked the other way, with the federal stimulus, it seems that a lot of the customers typical of a pawn shop have in essence received a raise,” Zimmerman said. Zimmerman works at the Gold & Silver Pawn Shop in Las Vegas, a popular shop and tourist destination.“The outflow of goods versus the inflow of goods has been a surprise to everyone in the industry,” he said.Pawn shops can’t even keep certain items in stock, such as electronics, guns, and jewelry.“We were just selling through thousands of ounces of silver,” Zimmerman said. “The stimulus really had an impact on people’s behavior.”“Also bicycles, everyone wanted to ride a bicycle, so bikes are gone,” Mack said. This left many shops with low inventory, and lots of cash.“Right now, I don’t know that the industry has ever seen this before,” Polter explained. “Their industry is dried up and at the same time, they haven’t really had the time to replenish it.”“Pawn shops are not built to sit on cash,” Polter said. “They’re built to put cash into consumers pockets and that’s how they make money.”Mack’s shop is working with customers like many pawn shops are, offering curbside pickup or lowering loan interest rates for a while. “The asset is the customer,” he said.But without more loans coming in and a low inventory of items, pawn shop owners said there could be trouble further down the line.“We've been affected and if you drive to any other pawn shops there's nothing in their stores at all. So for that to come back we need a normal economy to really get loans and sell things,” Mack said. 3747

POINT LOMA, Calif. (KGTV) - A catamaran stuck in a Point Loma cave for nearly a week was pulverized by surf, according to the salvage crew.New photos and videos from Tow Boat US San Diego show unrecognizable pieces of fiberglass, and one hunk with the engine intact."There's no section left of the boat that looks like a boat at this point," Captain Tony Olson, with Tow Boat US San Diego, said.Last Friday morning two men on a fishing trip were rescued from a catamaran stuck inside a cave near the Point Loma Wastewater Treatment Plant. The men fell asleep while the boat was set to autopilot.The surf was so rough since the crash, salvage crews couldn't re-enter the cave until Thursday afternoon. "It just completely pounds that thing, bouncing it off the walls like a pinball... trying to get behind it, next to it, in front of it, is a bad place to be," Olson said.The divers took pictures and were prepared to pump out fuel when they realized there was no fuel to be found, "there are no fuel tanks left to be found, they're gone. So in the process of the boat coming apart they have floated away, it did not smell like fuel inside the cave at all," he said.Three pieces of the boat came back with the crew, two hunks of fiberglass, "part of a hatch possibly," Olson said, and a steering wheel.Friday morning the crew will devise a plan to pick up the rest. "Float larger sections out possibly drag them off and hoist them up to a boat we'll have waiting out there," Olson said.The divers possibly swimming out the smaller debris. Olson said the work will take more than a week to complete.Tow Boat US San Diego said they are working with the boat owner's insurance company. 1689

Philadelphia's mayor has apologized after he was photographed dining indoors at an out-of-state restaurant, even though restaurant dining rooms in his remain closed due to the pandemic.In a series of tweets Monday, Philadelphia Mayor Jim Kenney (D) said he understands the frustration some felt when photos surfaced that showed him eating indoors at a friend's restaurant in Maryland."Restaurant owners are among the hardest hit by the pandemic. I'm sorry if my decision hurt those who've worked to keep their businesses going under difficult circumstances. Looking forward to reopening indoor dining soon and visiting my favorite spots." 646

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