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Federal agents who have clashed with protesters in Portland, Oregon, will begin a “phased withdrawal” from Oregon’s largest city, Gov. Kate Brown said Wednesday. The withdrawal of Customs and Border Protection and ICE officers could begin as soon as Thursday.In a tweet, Brown said "After my discussions with VP Pence and others, the federal government has agreed to withdraw federal officers from Portland. They have acted as an occupying force & brought violence." 478
Experts say those feeling the pain of the financial crisis the most are millennials. The generation has missed major milestones that past generations enjoyed in their 30’s and 40’s as a result of dealing with two major financial crises over the past decade.However, it may not be all gloom and doom for millennials. The economic cycles the generation has experienced early on could lead them to understand the economy and markets better, potentially leveraging that to greater future gains.Many millennials graduated and entered the workforce during the 2008 Great Recession. They were just hitting their prime, and then, this pandemic and a second major financial crisis hit.“It just feels not only like we can’t catch a break, but we can’t even get started without something coming along and taking away a lot of what we worked for,” said Erin Lowry.Erin Lowry is an author and wrote the books “Broke Millennial” and “Broke Millennial Takes on Investing”.“The big thing to consider for your financial future is this will be temporary,” said Lowry. "We are going to get through this just like we got through ’08.”Surveys conducted by the Urban Institute show at least 1 in 3 millennials are struggling financially right now, and millennials as a whole have less acclimated wealth at this stage in life than the prior generation. To change that, even during this recession, Lowry believes there are a few key things millennials can do.“You do want to think about doing, and I hesitate to say it like this, but the least damage currently,” said Lowry.She recommends minimizing the amount of debt you may need to take on to get through this economic downturn. Also, protect your credit scores as much as possible by making on-time payments.Pay the minimum if needed or contact your lenders to work out agreements that will not show missed payments on your credit report. In the future, you’ll want a healthy credit score to be able to qualify for mortgage loans or auto loans at a lower interest rate.Lastly, try to still contribute to your retirement plan even if it’s a little bit. If you are in a position where every penny counts right now, think about a time in the near future when you can start to again invest. That is important because, historically, the market will rebound.To recover on a better financial footing, you want to buy when the market is low, or down, and reap the gains as the economy recovers.“After 2008, we went on to have one of the longest bull runs in stock market history,” said Lowry. "We don’t know what is going to happen after the coronavirus recession, but you don’t want to miss out on potentially huge returns.”The possible advantage of going through two recessions early in life may be a better understanding of the economy and a stronger desire to understand the market, along with learning how to use the downturn as an opportunity for future gains. 2896
Emma dedicated her life to school work, playing and enjoying life with her family. Quick to get a head start on school work. She was such a smart and silly girl. Loved to be outdoors and play with her cousins. A beautiful soul inside and out. 251
ESPN is expected to cut at least another 100 employees after Thanksgiving, marking the company's third round of layoffs in the last three years, Sports Illustrated reported on Thursday. According to SI, the layoffs are expected to include several anchors from ESPN's longest-running program "SportsCenter." The layoffs are also expected to include other employees such as producers, executives and other staffers, SI reported. The layoffs to end 2017 come just seven months after ESPN laid off nearly 100 reporters from its roster. Among those laid off were basketball reporter Andy Katz, baseball reporter Jayson Stark and SportsCenter anchor Jay Crawford, to name a few. In 2015, ESPN laid off 300 employees, most of whom were behind the scenes staff. In recent years, ESPN has had to combat rising fees to carry live sports, coupled with a decline in cable television subscriptions. According to eMarketer, nearly 22 million former cable subscribers have "cut the cord" in recent years. 1034
ENCINITAS, Calif. (KGTV) -- A popular Encinitas cafe was destroyed and nearby residences were evacuated following a blaze early Monday morning.Crews were called around 12:15 a.m. to a commercial building fire at 698 N Coast Highway 101, about three blocks from the coastline.Witnesses reported hearing an explosion then seeing the building fully engulfed almost instantly. "I heard a really loud pop and then I heard some yelling," said Matt Prior, a nearby resident. He thought the noise was gunfire until he realized the popular Mozy Cafe was engulfed in flames."I went outside and saw like a really big orange glow," said Prior.Flames were still raging an hour after the first units arrived. More firefighting units were called to the scene and crews evacuated nearby residential buildings.No injuries were reported.In total, Mozy Cafe and three other businesses resided in the destroyed commercial building. Firefighters remained on the scene as of 6 a.m. to monitor hot spots. The cause of the fire is under investigation but officials say it does not seem suspicious.The owners of the four businesses say they want to rebuild and have created a GoFundMe to raise money. 1185