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The Massachusetts Institute of Technology is reviewing about 0,000 it received from foundations controlled by accused sex trafficker Jeffrey Epstein, MIT's president said.The school also will donate that amount to a charity benefiting Epstein's victims or other sexual abuse victims, President L. Rafael Reif said in an email.The review will focus on the facts around the donations, made over 20 years, and how the school handles contributions and can improve that process, Reif said.Epstein was awaiting trial on charges of sex trafficking involving underage girls when he killed himself by hanging in a New York jail cell this month."I offer a profound and humble apology" to the victims on behalf of the administration, Reif said. "With hindsight, we recognize with shame and distress that we allowed MIT to contribute to the elevation of his reputation, which in turn served to distract from his horrifying acts. No apology can undo that."The donations went to the MIT Media Lab or Seth Lloyd, a professor of mechanical engineering, according to Reif's email. 1078
Thanksgiving weekend will mark five of the 10 projected busiest shopping days of the year, marking a critical period for retailers throughout the nation. According to 179
The Dow Jones Industrial Average had its largest single-day drop in the market's history on Thursday.The Dow finished the day down nearly 1,193 points. The previous largest one-day drop for the Dow was on Feb. 5, 2018, when the index lost 1,175 points.The Dow has lost more than 3,500 points since Friday, marking one of the worst weeks for the market in the last calendar year. Three of the five largest single-day drops in Dow Jones history took place this week.Stocks have been falling amid fears of a worldwide slowdown due to the spread of COVID-19, better known as the coronavirus. Though 607
The "Arthur" premiere had social media really talking — and not just because the PBS animated series is back for its 22nd season, but because Mr. Ratburn got the happy ending he wanted.In the episode "Mr. Ratburn and the Special Someone," the title character's third grade teacher marries another male character."It's a brand new world!" one of the students says during the wedding.Fans of the show on Twitter were quick to express their surprise ...... both that the teacher is gay and that the show — a cultural touchstone for many millennials — is still running.GLAAD even congratulated the teacher. 614
The bill is signed and the federal trillion stimulus package is on the way.But many people are still confused and wonder if they will get a check for ,200.Here's what we do know about who will qualify for the stimulus funds laid out the CARES Act, as of April 8.Q: How will I receive my check?For those who received their last IRS tax refund via direct deposit, the money will go directly into their bank account.Those that received their refund the old-fashioned way, a check will come by mail. But that could take several months, the government says.The IRS is supposed to set up a portal on its website in the coming days, where anyone can update their bank account.Q: Will I qualify for a ,200 stimulus check?About 90% of adults should qualify for an initial ,200 stimulus payment, with a second payment possible later this spring. If they qualify:Individuals will receive a check for ,200.Married couples will receive a check for ,400.Each dependent child will receive 0 (payable to their parents). If your child is a college student who works a job, the rules are still murky as to who gets the check.Q: Who does not qualify for a check?High-income individuals will not receive a check.Benefits will phase out starting at ,000 in Adjusted Gross Income.Singles earning more than ,000 (Adjusted Gross Income) in 2019 will not receive any check.Married couples earning more than 8,000 in 2019 will not receive any check.Q: What if you owe back child support or back taxes?Right now, it does not appear the government will take anything out of stimulus checks for unpaid taxes or other government liens.However, the Wall Street Journal says back child support will likely be taken out of checks.Q: What if you get Social Security and do not file taxes?Seniors on Social Security and younger people on disability will now qualify for a check automatically.Those that receive Social Security do not have to file any tax forms, and the check will go to the same bank account (or mailbox) where they receive monthly benefit checks.However, younger people with very little income and not file taxes must have filed taxes last year or this spring in order to receive a check. That check will be based on your 2018 or 2019 tax return. So younger people must file a 1040 this spring, or the government has no way of knowing if they qualify.Q: What if some of your income is unreported cash?That should not affect the checks, as they are based on the last tax return a person has filed.Q: When will I receive my money?Congressional leaders hope to have the first checks heading to bank accounts in the next week or two. However, if the IRS does not have a bank account number on file, it could be three months before paper checks arrive.As always, don't waste your money._______________________________Don't Waste Your Money" is a registered trademark of Scripps Media, Inc. ("Scripps"). 2917