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Top Republicans in Congress were expecting to meet Monday with President Donald Trump on the next COVID-19 aid package as the administration panned more virus testing money and interjected other priorities that could complicate quick passage.Senate Majority Leader Mitch McConnell was prepared to roll out the trillion package in a matter of days. But divisions between the Senate GOP majority and the White House posed fresh challenges. Congress was returning to session this week as the coronavirus crisis many had hoped would have improved by now only worsened — and just as earlier federal emergency relief was expiring.Trump insisted again Sunday that the virus would “disappear,” but the president’s view did not at all match projections from the leading health professionals straining to halt the U.S.’s alarming caseloads and death toll.McConnell and House GOP leader Kevin McCarthy were set to meet with Trump and Treasury Secretary Steven Mnuchin “to fine-tune” the legislation, acting chief of staff Mark Meadows said on Fox News.The package from McConnell had been quietly crafted behind closed doors for weeks and was expected to include billion to help schools reopen, reduced unemployment benefits alongside a fresh round of direct ,200 cash payments to Americans, and a sweeping five-year liability shield against coronavirus lawsuits.But as the White House weighed in, the administration was panning some billion in proposed new funds for testing and tracing, said one Republican familiar with the discussions. The administration’s objections were first reported by The Washington Post.Trump was also reviving his push for a payroll tax break, which was being seriously considered, said another Republican. Both spoke on the condition of anonymity to discuss the private talks.The new push from the White House put the administration at odds with GOP allies in Congress, a disconnect that threatened to upend an already difficult legislative process. House Speaker Nancy Pelosi already passed Democrats’ vast trillion proposal and virus cases and deaths had only increased since.Trump raised alarms on Capitol Hill when he suggested last month at a rally in Oklahoma that he wanted to slow virus testing. Some of Trump’s GOP allies wanted new money to help test and track the virus to contain its spread. Senate Democrats were investigating why the Trump administration had not yet spent some of billion previously allocated for testing in an earlier aid bill.The payroll tax Trump wanted also divided his party. Senate Republicans in particular opposed the payroll tax break as an insufficient response to millions of out-of-work Americans, especially as they tried to keep the total price tag of the aid package at no more than trillion.Trump said Sunday in the Fox News interview that he would consider not signing any bill unless it included the payroll tax break, which many GOP senators opposed.“I want to see it,” he said.Lawmakers were returning to a partially closed Capitol still off-limits to tourists to consider what will be a fifth COVID-19 aid package. After passing the .2 trillion relief bill in March, Republicans hoped the virus would ease and economy rebound so more aid would not be needed.But with COVID-19 cases hitting alarming new highs and the death roll rising, the pandemic’s devastating cycle was happening all over again, leaving Congress little choice but to engineer another costly rescue. Businesses were shutting down again, schools could not fully reopen and jobs were disappearing, all while federal emergency aid expired.“It’s not going to magically disappear,” said a somber McConnell, R-Ky., last week during a visit to a hospital in his home state to thank front-line workers.As McConnell prepared to roll out his trillion-plus proposal, he acknowledged it would not have full support.The political stakes were high for all sides before the November election, but even more so for the nation, which now registered more coronavirus infections and a higher death count than any other country.Just as the pandemic’s ferocious cycle was starting again, the first round of aid was running out.A federal 0-a-week boost to regular unemployment benefits would expire at the end of the month. So, too, would the federal ban on evictions on millions of rental units.With 17 straight weeks of unemployment claims topping 1 million — usually about 200,000 — many households were facing a cash crunch and losing employer-backed health insurance coverage.Despite flickers of an economic upswing as states eased stay-at-home orders in May and June, the jobless rate remained at double digits, higher than it ever was in the last decade’s Great Recession.Pelosi’s bill, approved in May, included billion for testing and tracing to try to get a handle on the virus spread, funneled 0 billion to schools to safely reopen and called for trillion to be sent to cash-strapped states to pay essential workers and prevent layoffs. The measure would give cash stipends to Americans, and bolster rental and mortgage and other safety net protections.In the two months since Pelosi’s bill passed, the U.S. had 50,000 more deaths and 2 million more infections.“If we don’t invest the money now, it will be much worse,” Pelosi said. 5309
Three different storm systems are threatening different parts of the United States and the Caribbean this weekend.Hanna becomes hurricane as it bears down on TexasHurricane Hanna made landfall on Texas’ Padre Island Saturday afternoon. The National Hurricane Center says the storm made landfall about 15 miles north of Port Mansfield with maximum winds of 90 mph.Hurricane #Hanna made landfall on Padre Island, Texas at 5 PM CDT with maximum sustained winds of 90 mph. Visit https://t.co/tW4KeFW0gB for details. pic.twitter.com/yIT12pXwjp— National Hurricane Center (@NHC_Atlantic) July 25, 2020 Hanna was upgraded to a hurricane Saturday morning as it moved toward the Texas coast, becoming the first hurricane of the Atlantic's 2020 season.Meteorologists say the biggest concern from Hanna is expected to be flash flooding. Up to a foot of rain and storm surge up to 5 feet is forecast for some areas.Local officials on Saturday asked residents to stay home and ride out the storm, but to also be mindful of the coronavirus pandemic.Officials said Friday that they were confident they'd be able to cope with the one-two punch of the storm and the state's surge in COVID-19 cases.Hurricane Douglas bears down on HawaiiHurricane Douglas in the Pacific Ocean is presenting new challenges to officials in Hawaii who are long accustomed to tropical storms.Meteorologists say Douglas should weaken by the time it hits Hawaii with strong winds, heavy rainfall and dangerous surf beginning Saturday night.Honolulu authorities are preparing extra shelter space so people can maintain physical distance from others during the COVID-19 pandemic.Evacuees at Honolulu shelters will have their temperatures taken. Those with high temperatures or with a travel or exposure history will either be isolated at that shelter or taken to a different site. Officials are also reminding residents to make sure they have masks and hand sanitizers in their emergency supply kits.President Donald Trump issued an emergency declaration for Hawaii on Saturday because of Douglas, directing federal assistance to supplement state and local response efforts.The National Weather Service on Saturday issued a hurricane warning for the island of Oahu, where the state’s largest city, Honolulu, is located.Hurricane #Douglas Advisory 22: Hurricane Douglas Continues to Move West-Northwest Toward Hawaii. Hurricane Warning Issued For Oahu. https://t.co/mbw53QNBXE— NHC Eastern Pacific (@NHC_Pacific) July 25, 2020 Maximum sustained winds decreased to about 90 mph by midday Saturday, making Douglas a Category 1 hurricane. The storm is expected to be near the main Hawaiian islands late Saturday and move over the state Sunday and Monday.Tropical Storm Gonzalo to move through CaribbeanTropical Storm Gonzalo is still on track to move across the southern Windward Islands later Saturday.Tropical Storm #Gonzalo Advisory 15A: Heavy Rain From Gonzalo Nearing Trinidad and Tobago. https://t.co/VqHn0u1vgc— National Hurricane Center (@NHC_Atlantic) July 25, 2020 Gonzalo is forecast to bring 1 to 3 inches of rain, with isolated totals of 5 inches.A tropical storm warning was in effect for Tobago and Grenada and its dependencies.The storm was expected to dissipate by Sunday night or Monday, forecasters said. 3284
Three restaurants associated with celebrity chef Mario Batali will be closing in Las Vegas.Batali has been accused of sexual misconduct. He has denied any wrongdoing. RELATED: TV chef Mario Batali under police investigation for sexual misconductEmployees of Carnevino Italian Steakhouse, B&B Ristorante and Otto Enoteca e Pizzeria received notification Friday morning. All three restaurants are located at The Venetian/The Palazzo. The restaurants will close July 27. A letter written by Joe Bastianich with B&B Hospitality Group says that Las Vegas Sands Corp. decided to end the relationship. The letter also says that the group will help employees transition into new positions. An earlier report said that B&B was "actively negotiating" to buy out the celebrity chef.Batali stepped down from daily operations of his restaurant empire and his cooking show after the allegations surfaced in December. Four women accused him of touching them inappropriately. 1022
Trade war fears and a presidential attack on Amazon are rocking Wall Street.The Dow dropped more than 700 points on Monday, and the Nasdaq plunged 3%. The S&P 500 hit its low for the year and was on track for its lowest close since November. The sell-off left all three major indexes in the red for 2018.By the end of the day Monday, the Dow slightly recovered, closing down 458 points for the day.The sell-off on the first day of the second quarter came after President Trump once again attacked Amazon on Twitter. Amazon, one of the biggest drivers of the 2017 market rally, tumbled 5%, wiping out more than billion of its market value.Trump once again accused Amazon of taking advantage of the US Postal Service, and he suggested that Amazon does not pay its fair share of tax.In fact, Amazon pays the same lower rate that the post office charges other bulk shippers, and it collects sales tax in every state that charges it. Amazon does not collect sales tax on purchases made from third-party vendors."You've got the president of the United States attacking a single company over what he considers to be unfair practices," said Ian Winer, head of equities at Wedbush Securities.Amazon wasn't the only tech stock in trouble. Tesla, Netflix and Cisco all dropped by at least 4%. Intel plunged 8% on a?Bloomberg News report that Apple plans to switch to its own chips. Almost every stock in the Nasdaq 100 lost ground.The Nasdaq has plunged more than 10% from its all-time high on March 12."When investors see market leaders suddenly stumble, they become more cautious about the entire group," said Kate Warne, investment strategist at Edward Jones.Wall Street is also fretting about rising trade tensions, especially with China. Beijing responded to Trump's steel and aluminum tariffs on Monday by following through on its threat to impose tariffs on billion of US imports. The tariffs apply to 128 products, ranging from pork and meat to steel pipes.Trump plans to place additional tariffs on about billion worth of Chinese goods — and Beijing has promised to respond.John Toohey, head of equities at USAA, blamed the sell-off on concerns about the China tariffs. "Global trade could slow down, global supply chains could be impacted, and CEOs could be more cautious on capital spending," Toohey said.NAFTA worries are also on the rise after Trump took aim at the trade deal between the United States, Canada and Mexico. Trump on Sunday linked NAFTA to his efforts to build a wall along the border with Mexico."They must stop the big drug and people flows, or I will stop their cash cow, NAFTA. NEED WALL!" Trump tweeted."It's a cause for concern. That mixing of issues is contributing to uncertainty," said Kristina Hooper, chief global market strategist at Invesco.No matter the cause, signs of fear abounded. The VIX volatility index jumped more than 15%. CNNMoney's Fear & Greed Index of market sentiment dropped further into "extreme fear." Crude oil plunged about 3%. Gold, which tends to do well when investors are worried, climbed more than 1%."None of it makes a lot of sense," said Michael Block, chief strategist at Rhino Trading Partners. "I don't know what we learned that was new. Chinese tariffs are not surprising."After spiking last year, the stock market hit extreme turbulence during the first three months of the year as investors worried about tariffs, inflation and tech stocks. The Dow snapped its longest quarterly winning streak in 20 years.Stocks may be volatile, but the backdrop looks bright. Global economic growth is expected to accelerate and corporate profits are likely to surge, thanks in part to Trump's corporate tax cuts."It's unlikely to be the end of the bull market," Warne said. "The underlying fundamentals remain positive." 3823
There’s a new resource for parents who’ve found themselves struggling to teach their children while maintaining a job.“We're stepping into this role that we have no experience,” said Amy Lundy, co-founder of The Learning Match. “And as far as education is concerned, they're teaching subjects in a way that we didn't even learn them as children.”Lundy found herself trying to juggle schooling three children from home and keeping her business running through the pandemic. Quickly, she started looking for help with the schooling aspect.“I realized this is a service I needed in my own family. What I was finding was I was connecting with a lot of teachers that friends were using. Their schedules were very filled. I couldn't get them when I needed them. I was going on a Facebook groups. I was having a very hard time navigating and finding people that fit the qualifications,” said Lundy.That's how TheLearningMatch.com was born. It's a website that's like a matchmaking service. It connects people studying education or retired teachers, really anyone with an educational background, to families that need help.The educator may just be there for accountability to make sure the child is doing and understanding assignments. Or they could play a more involved role.“And then there's more sort of part-time or full-time experiences where this person is coming inside your home or is on the computer several hours a day, or all day with your child, fulfilling those requirements that you have based on what your child's grade is,” said Lundy.Its free to sign up on The Learning Match. The site leaves it to families and the educators to work out how involved and how much their services will cost. 1706