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A pair of studies released in recent days show how the worst of the economic woes have hit lower-income and minority Americans.According to Pew Research, 46% of lower-income Americans have trouble paying bills since March. The data also indicated that 51 % of lower income Americans have had more difficulty saving money since the start of the pandemic.For those considered “upper income,” just 21% say were saving less money than before the pandemic, compared to 25% of upper-income Americans who were able to save more, according to Pew.Pew’s data also showed that minorities were much more likely to be financially impacted. The data showed that 11% of whites received assistance from a food pantry or food bank since March, compared to 33% of Blacks and 30% of Hispanics.The data also showed that Blacks and Hispanics were two times more likely to have difficulty paying bills.A study by Harvard released earlier this month showed similar data.The data found that 71% of Americans with a household income of less than ,000 faced financial difficulty amid the pandemic, compared to 20% of households making more than 0,000. The data also found that 72% of Latinos and 60% of Blacks faced financial burdens compared to 36% of whites. 1250

A small explosion from the Halema'uma'u crater in Hawaii's Kilauea volcano at about midnight local time created an ash cloud that reached up to 10,000 feet, according to an alert from the Hawaiian Volcano Observatory.More explosive events like the one on Friday could make for minor amounts of ashfall downwind at any time, and volcanic ash emissions remain high.In addition, fast-moving lava crossed a road and threatened dozens of homes, prompting National Guard helicopters to airlift residents from Hawaii's lower Puna area.Hawaii officials warned residents in affected areas to shelter in place Friday night and await further instructions. The lava forced the closure of Pohoiki Road, cutting off at least 40 homes, the Hawaii County Civil Defense said.The agency urged residents near Highway 137 to be ready for voluntary evacuations should the threat grow."With fresher, hotter magma, there's the potential that the lava flows can move with greater ease and therefore cover more area," US Geological Survey geologist Janet Babb told CNN affiliate Hawaii News Now.Resident Ikaika Marzo said the lava flow has left him and his neighbors rattled. It sounds like 10 or 20 jets taking off from your backyard at the same time, he told the affiliate."It's been like hell," he said. "It's like huge grenades going off. It shakes the whole community."Volcanic gas emissions at the summit remain high and additional explosions are possible at any time, the observatory said. 1479

A month after the group formerly known as “The Dixie Chicks” announced they would change their name, “The Chicks” performed the national anthem at the start of Night 4 of the Democratic National Convention.The Chicks, Emily Strayer, Martie Maguire and Natalie Maines, changed their name amid a nationwide movement by supporters of the Black Lives Matter effort to disassociate with the confederacy.“We want to meet this moment,” The Chicks said in a five-word statement.The Chicks haven’t shied away from politics in the past. In 2003, the group was criticized by fans for admonishing the Bush Administration for invading Iraq. 635

A top figure in President Donald Trump's orbit has been granted immunity in the investigation into hush money payments made to two women who alleged they had affairs with Trump, a source familiar with the matter told CNN Friday.Trump Organization chief financial officer Allen Weisselberg was granted immunity by federal prosecutors for providing information about Trump's former personal attorney Michael Cohen. The Wall Street Journal first reported the development.A lawyer for the Trump Organization declined to comment. A spokesperson for the US attorneys office also declined to comment. Weisselberg did not respond to the Journal's request for comment.Weisselberg was subpoenaed last month to testify as part of the ongoing criminal investigation into Trump's former attorney Michael Cohen, the Journal reported.At the time, a former Trump Organization employee told CNN that Weisselberg being subpoenaed was the "ultimate nightmare scenario for Trump" because Weisselberg knows "anything and everything" about the finances of the Trump Organization."Allen knows where all the financial bodies are buried. Allen knows every deal, he knows every dealership, he knows every sale, anything and everything that's been done -- he knows every membership. Anything you can think of," said the person, who was not making any specific allegations about the Trump Organization's finances.The Wall Street Journal reported Thursday that the CEO of the National Enquirer publisher, David Pecker, was also granted immunity in the Cohen case for providing details of the payments to prosecutors.On Tuesday, Cohen pleaded guilty to eight criminal counts, and implicated the President by admitting in court that he "in coordination and at the direction of a candidate for federal office," kept information that would have harmed Trump from becoming public during the 2016 election.The-CNN-Wire 1891

A number of new studies indicate millennials are generally doing a great job stashing money for the future. But some of those studies also show that they’re wary about investing those savings in the stock market.This could hurt them in the long run. Investing in the stock market is a powerful way to grow your money for your long-term goals — more on that below. But first, the good news. 397