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Millions of out-of-work Americans are being surprised by new information. The 0 a week they were relying on receiving through the end of July is set to end a week earlier than they expected.“That is one week less of payments than families get. That is huge. That is the difference between being able to make a car payment, make your rent, put food on the table,” said Heidi Sheirholz.Sheirholz is a former chief economist with the Department of Labor and the current senior economist at the Economic Policy Institute and explained why the CARES Act supplemental is ending so soon.“What it says in the legislation essentially is that it ends on July 31 and we all thought, you know, the end of July, but when you look at the very specific language, what it says is that the last payment will be on or before July 31,” said Sheirholz.Basically, July 31 is a Friday. State unemployment systems end their week on the weekend and pay only full weeks. So, the last full week for a payout will be on July 26. Most states had listed July 31 as the final payment on their respective state’s unemployment website and have scrambled in recent weeks to clarify and adjust the date."It’s just going to create enormous hardship,” she added.Many people will more suddenly go from about ,000 a week in total unemployment benefits, to only whatever their states’ normal unemployment benefits are, which on average is about 5. However, it’s not too late for Congress to act and extend the 0 supplemental. Economist, like Sheirholz, hope they do.“That extra 0 per week for people who are getting unemployment insurance is supporting spending of millions of people and that supports the broader economy,” said Sheirholz. “We estimate that if the 0 additional UI payment is allowed to expire this country will lose over 5 million jobs over the next year.” 1859
McClatchy, the publisher of more than two dozen daily newspapers across the country, will reduce its staff by approximately three and a half percent, cut expenses across the company, and implement other measures to save money, the company announced in an internal memo obtained by CNN on Tuesday.Craig Forman, president and chief executive officer of McClatchy, told employees in the memo that the decisions were "painful and difficult" but "necessary to protect and further our future." He placed blame, in part, on the decline in revenue from print advertising."Talented and passionate people who have dedicated their energy to our mission, colleagues we call friends and rely on everyday, will leave the company," Forman wrote. "We thank you all for your commitment to McClatchy and to local journalism and wish you nothing but the best in your future endeavors."A spokesperson for the company told CNN that the staff reductions would affect nearly 140 employees.Forman said that the employees impacted have been notified. He also said other measures were being taken to reduce operating costs, including cutting expenses across the company and having senior leaders take two weeks of unpaid leave.Forman, however, said that "most of our expense savings are in legacy areas" which would allow the company to "continue to build our future as a digital-DNA, journalism-driven media business."Among the newspapers McClatchy operates are the Miami Herald, Sacramento Bee, Lexington Herald-Leader, The Charlotte Observer, The Herald-Sun, The Wichita Eagle, and The Kansas City Star.The cuts come at a time when local newspapers continue to struggle. The New York Daily News slashed 50 percent of its newsroom in July. 1728

Main Street in Ellicott City, Maryland experienced flooding on Sunday reminiscent to a severe flood in July 2016. Shelters were made available for those effected and in need.The record flooding continued into Memorial Day, as reports of collapsed buildings and residents trapped were reported to emergency services. 353
MARINE CORPS AIR STATION MIRAMAR, Calif. (KGTV) -- A Marine Corps helicopter crashed during a routine training mission over the El Centro area Tuesday afternoon, according to officials. The CH-53E Super Stallion helicopter from 3rd Marine Aircraft Wing crashed around 2:35 p.m. Four crew members were aboard the aircraft.In a press release, the Marine Corps wrote that the status of all four crew members is, "presumed dead pending positive identification."The cause of the crash is currently under investigation. The names of the deceased will be withheld until family has been notified. 617
Losses are mounting and cash is running short at MoviePass.Helios and Matheson, the owner of the subscription movie service, posted a 6.6 million loss in the second quarter, dwarfing its .7 million loss in the year ago period. It lost 2.47 a share.The company's latest government filing also presented a picture of just how rapidly Helios and Matheson is spending money on the service.It has burned through more than 9 million in cash since the beginning of the year. Most of that money, more than 0 million, has been spent in the last quarter.Meanwhile, the company's cash reserves are dwindling. It has only .5 million in cash on its balance sheet, plus another .7 million held by payments processors. Helios and Matheson warned that "without raising additional capital, there is substantial doubt about the company's ability to continue as a going concern." 888
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