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NEWTON, Mass. – As eviction moratoriums end across the country, homeowners and renters are facing a crisis. Many are on the verge of homelessness as cities and towns scramble to distribute what little federal emergency funds they have left.Amanda Berman is the Director of Housing and Community Development in Newton, Massachusetts, a wealthy suburb near Boston. But even some of the nation's wealthiest cities are realizing their residents are not immune from economic impact of the pandemic.“This was there all along. We’ve been having a housing crisis forever. This is exposing how deep the cracks are,” Berman said.With help from the CARES Act, Newton was able to secure million in emergency housing funds. To spread the money out as best they could, the city decided to assist people in low-income housing with 70% of their rent. At least 170 families have been helped in the last two months.“You fight and fight to get ahead and something like this throws you back really far,” Berman added.Nationally, 20% of households missed their rent payments last month. Housing experts say that number is likely to skyrocket in September as extra unemployment funding and rental assistance money disappears.“The real estate industry will go through massive changes here in the next few months,” said Jeff Larabee, who has an apartment complex he rents out.He's had some tenants simply move out because they’ve lost their jobs and can’t pay rent, which has left him concerned about making mortgage payments.“I think there’s going to be a lot more homelessness, I don’t know how we're going to make all the mortgage payments,” he added. 1641
NEW YORK — Tropical Storm Fay battered the Northeast Friday, not only drenching the region but causing rip currents, flooding, and bringing with it dangerous winds that damaged vehicles and prompted power outages.The storm brought heavy rain and gusty winds throughout the day, causing Flash Flood Warnings and advisories across the region. Parts of New Jersey, New York City and Long Island experienced flooding in some neighborhoods.Periods of heavy downpours continued through the afternoon and evening hours.Despite the downpours, the storm weakened after making landfall Friday afternoon.The storm system was expected to bring 2 to 4 inches of rain, with the possibility of flash flooding in parts of the mid-Atlantic and southern New England. That’s down from earlier forecasts of about 3 to 5 inches of rain.The fast-moving storm developed late Thursday afternoon off the coast of North Carolina and made its way to the tri-state area by late Friday morning.Tropical Storm Warnings, and Flash Flood Warnings and Watches and Flood Advisories, were issued for New York City and the surrounding areas as Fay was expected to bring torrential downpours and gusty winds of 39 to 57 mph.A Tropical Storm Warning remains in effect until further notice.Fay is the first Tropical Storm Warning in the New York area in the month of July since Hurricane Bertha in 1996.Strong winds could cause tree limbs and other objects to fall, leading to power outages. Thousands of residents in New York and New Jersey have reported power outages across the state.Along the coast, Fay caused heavy surf, creating some beach erosion along coastal sections. The risk for dangerous rip currents will be high and swimming is not advised. Despite all these issues along the coast, the risk for a storm surge will be minimal.Conditions may improve as early as Saturday morning. The sun will break out and temperatures could approach 90 degrees. During the afternoon, a cold front will approach bringing the risk of scattered showers and thunderstorms.It remains hot heading into Sunday with highs at around 90 again. The difference will be a slight drop in the humidity. 2156

New York's Attorney General has fined three Amazon sellers and ordered them to pay restitution to customers for marking up the price of hand sanitizer amid the COVID-19 pandemic.According to a press release from the office of New York AG Letitia James, the three sellers agreed to pay back a combined ,000 to customers who purchased the overpriced hand sanitizer and also agreed to pay ,500 in penalties, fees, and costs.James' office says that the three Amazon sellers — Northwest-Lux, Mobile Rush and EMC Group, Inc — sold hand sanitizer online at a substantial markup in February and early March when the coronavirus began to arrive in the U.S.At that time, hand sanitizer had quickly disappeared from store shelves as stores weren't prepared for skyrocketing demand. According to James' office, that's when the three Amazon sellers began selling sanitizer online at an enormous markup.The Attorney General's office says Northwest-Lux charged customers as much as 0 for a 2-liter bottle of hand sanitizer that typically sells for . The press release says Mobile Rush charged up to for an 8 0z. bottle of Germ-X — which typically sllls for about . EMC was selling eight packs of Purell for up to — a price increase of up to .James's office says that customers who purchased the overpriced items will receive restitution, which will be applied directly to their credit or debit cards."Price gouging on necessary consumer supplies during an unprecedented public health emergency is absolutely unconscionable and will not be tolerated," James said. "Instead of ensuring individuals could protect themselves from the coronavirus, these businesses operated with dirty hands by charging exorbitant prices on hand sanitizer and other cleansing products. My office will continue to clean up this unlawful practice by using all of the tools at our disposal to prevent price gouging during this pandemic."James' office isn't alone in fighting COVID-19 price gouging. Earlier this year, Amazon suspended the accounts of thousands of sellers for price-gouging related offenses, including one man who chose to donate his excess supply of hand sanitizer to a local church and the state of Tennessee. Others have been prosecuted for hoarding N95 masks and other personal protective equipment. 2312
NEW YORK (AP) — Move over Mark Zuckerberg. At 21, Kylie Jenner has been named the youngest-ever, self-made billionaire by Forbes magazine.Forbes estimated that Jenner's Kylie Cosmetics is worth at least 0 million, and she owns it all. She hits the billion-dollar mark when you add in cash she has already pulled from the profitable business, the magazine said.Facebook's Zuckerberg was 23 when he hit the big B mark.Jenner told Forbes the milestone is a "nice pat on the back."Detractors have wondered as the Jenner-Kardashian sibling climbed her way to a billionaire exactly what Forbes means by "self-made." Her family, after all, is rich and famous. Her mom, Kris Jenner, helped build her business.Forbes says as long as she didn't inherit a business or money, she's labeled self-made. 799
NEW YORK (AP) — As employees of small businesses get their first September paychecks, they’re probably receiving their usual amount.Company owners are still withholding money for Social Security despite a presidential order allowing the tax to be deferred. The order President Donald Trump signed Aug. 8 allows employers to stop withholding the 6.2% tax from Sept. 1 through Dec. 31 and requires that it be paid between Jan. 1 and April 30 of next year. But business owners are wary, saying the plan opens up the possibility that companies might ultimately have to pay the tax if staffers leave. 603
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