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The death toll from the ongoing Camp Fire near Paradise, California continues to grow as authorities found another eight bodies, increasing the number of confirmed dead to 58. The Camp Fire is the largest single wildfire in California history, now doubling the death toll of second-deadliest fire in California history. The number of confirmed destroyed structures also has increased to more than 10,000. The death toll could continue to rise as the Butte County Sheriff's Office said that nearly 100 people remain missing. Most of the missing are elderly residents of Paradise. One bit of good news is that officials are starting to get the fire under containment. The Camp Fire scorched 138,000 acres and is now 35 percent contained. Meanwhile, authorities continue to battle a massive blaze in Southern California. The Woolsey Fire has burned 98,362 acres and is 52 percent contained, officials from LA Fire said. 971
The concept of universal basic income is getting new attention amid the COVID-19 pandemic. It’s the idea of giving out recurring payments to everyone without any strings attached.Stockton, California, has been testing this with 125 people, giving them 0 per month. They've been getting that money for more than a year and it was supposed to stop this summer, but the mayor extended the money until January because of the pandemic.More mayors are getting on board with the idea. Fifteen joined the organization Mayors for a Guaranteed Income. They're looking into launching pilot programs in their cities.We spoke with an economics professor who says the pandemic stimulus payments can be seen as a form of universal basic income.“Seeing that I think it must make the idea more real and at the same time it's pretty clear at this very moment why you might find this idea appealing,” said Ioana Marinescu, an assistant professor at the University of Pennsylvania. “That's because, again, a lot of people have lost income. There's a clear need for income security.”In the case of the stimulus checks, it's not people's fault they lost their income.With universal basic income, critics say people may not be deserving of the money. Marinescu believes the stimulus may be helping change the perception. She points to money people receive in Alaska from oil revenue. She says people aren't any less likely to work.In Stockton, they've found people are using the money for necessities like groceries and utility bills.How universal basic income, or UBI, gets funded is a big question.“One interesting thing that has happened with the stimulus checks is the idea that people had of saying it's going to be based right now on your past income and we'll potentially tax it away later after we're out of this hole,” said Marinescu. “So to me, that's a potentially important lesson for a potential UBI.”The president of the nonpartisan Center on Budget and Policy Priorities wrote that paying for universal basic income from new taxes isn't the way to go. He says we already need a lot of money to keep social security and Medicare going.Stockton's mayor says money from the pentagon budget or tax money from the legalization of marijuana could work. He's paying for his city's current pilot program with a grant and a private donation.Other cities looking to start pilots are considering forming public-private partnerships or working to find room in the city budget. 2467

The country's top infectious disease doctor is warning we are in a critical weekend for coronavirus cases."We don't want to see a repeat of the surges that we have seen following of the holiday weekends,” said Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases.There were surges after Memorial Day and Fourth of July due in part to large social and family gatherings. Labor Day has the potential to be the same.“One of the things I think vie seen people make a mistake with is they fool themselves about these pandemic pods, like its OK for me to be around this other family and we'll both be safe, and then it will be OK, we'll be like a household, but what many people don’t realize is all these pods are basically interconnected,” said Dr. Dean Blumberg, Chief of Pediactric Infectious Diseases at UC Davis Children’s Hospital. “Very few people actually do that and limit the interaction.”Another reason people get complacent with social distancing and mask wearing is because the people they are around look and act healthy. But infectious disease experts remind us two thirds of transmission of the virus are from people who have no symptoms.Blumberg says he's also seen outdoor gatherings start off with good intentions.“You start off 6 feet distanced, but when you're having a good time, people just naturally forget, and it’s really with the larger social gatherings that this is more of a risk,” said Blumberg.The other big concern with Labor Day gatherings is having virus surges headed into fall and winter. That's when infectious disease doctors say coronaviruses tend to spread the most and when flu season starts to ramp up.Also, with school back in session, there's the risk of shutting down or delaying opening in-person learning, depending on how people handle Labor Day. 1834
The Defense Department has temporarily grounded all of its 245 F-35 fighter jets for inspection of a potentially faulty engine part in the wake of last month's crash in South Carolina.Initial data from the ongoing investigation into the September 28 crash indicates a fuel tube may have been faulty. In response, all US military F-35s will be inspected as well as F-35s operated by US allies."If suspect fuel tubes are installed, the part will be removed and replaced. If known good fuel tubes are already installed, then those aircraft will be returned to flight status," the Defense Department said in a statement.Inspections are expected to be completed within the next two days, the statement said, and a defense official told CNN some aircraft have already been returned to flight status.The initial assessment is the faulty tube may be on older models of the aircraft, but all are being inspected. 911
The bull market turns 3,453 days old on Wednesday. It's the longest period of uninterrupted gains in American history.The remarkable run began on March 9, 2009, in the ashes of the Great Recession and the scariest financial crisis since the 1930s. The slow-but-steady economic recovery, coupled with unprecedented aid from the Federal Reserve, catapulted the Dow from around 6,500 to nearly 26,000 today. The S&P 500 has quadrupled from its 2009 low of 666. And market darlings like Netflix and Amazon have skyrocketed much further.The bull market narrowly survived countless panic attacks from crisis-scarred investors along the way. There was the downgrade of America's credit rating in 2011, the feared collapse of the euro, China's alarming economic slowdown and the dramatic crash in oil prices.Yet each scare failed to derail the steady rise of the economy and corporate profits that has underpinned Wall Street's record-breaking run. There were close calls, but the S&P 500 never dropped 20%, the trigger for a new bear market. 1050
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