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At least 10 people were killed and another 23 remain missing after a hotel being used in China's coronavirus fight suddenly collapsed. Authorities said Sunday that 71 people had been trapped following the collapse of the building in the city of Quanzhou the previous evening.Firefighters working through the night and into the next day have rescued 38 people. The hotel was housing people who had come from areas hit hard by the epidemic. All of them had tested negative. Chinese cities are isolating people from hard-hit areas for 14 days. The cause of the collapse is under investigation. 602
CANTON, S.D. – No matter where you live in the United States, debt can play a big role in your life. Sarah Woods of Canton, South Dakota, has battled debt nearly her entire life, almost two decades. “Debt seems like almost a constant way of life,” said Woods.But life, some might argue, wasn't fair to Woods.“Within three months I got married, found out I had cancer and also had our first child,” said Woods. “So, you take three of the biggest things that could possibly happen in our life and roll them into your early 20s, I mean you’re going to start out on the wrong foot and since then it’s just been one struggle after another.”Woods and her husband now have three boys and taking care of them isn’t cheap. Woods says some months their pantry's been bare.“To actually have to reach out and say no, we are personally struggling is a hard one,” said Woods.Lori Pudenz helps with the food pantry that's run out of the Canton Lutheran Church, where Woods works. Pudenz says the pantry’s been a huge blessing.“My opinion is nobody should go hungry and that’s what we’re here for,” said Pudenz.Woods' husband is a machinist and she works full-time at the church, but it still hasn't been enough to overcome a mountain of debt that began with cancer at 19 years old.“I couldn’t imagine having an extra in my bank account that wasn’t due to someone else.”Not all of Woods’ debt has come from being a victim of circumstances. She admittedly says she has made some very bad decisions. But what has changed her life is a class on debt taught at the church where she works.“I can see light at the end of the tunnel,” said Woods. “We’re definitely getting there. I’ve been able to learn a lot of different life skills and really face my debts.”And after a full day at work at the church, Woods goes to work at home. She has created a plus size boutique called Becky’s Closet. “The last few months have been tremendous for business. It has created Christmas for us.” 1975
At Otra Vez Cantina in downtown Denver, workers use a lot of avocados. “We order about 15 cases a week," says general manager Kiersten Klaus. "More when we’re expecting to be busy."In less than a month, however, one of this restaurant’s top products have tripled in price.“We were going from 0 to 0 a week to ,500 dollars a week in avocados,” Klaus says.Klaus says the reasons for the price jump range from the fear of new international tariffs to a bad growing season in Mexico, which is America’s main supplier of avocados. Down the street at Benny’s Restaurant, they’re experiencing the same avocado economics. General manager Leonardo Armas says the increased cost is now cutting into his bottom line.“It’s crazy,” he says. “But you got to do what you got to do.”Armas says his sources south of the border tell him crooks are now trying to cash in on avocados. “I hear some crazy stories that cartels that will grab little trucks, take over them, steal a bunch of avocados, because they’re worth a lot of money over there,” he says.Avoprice.com--a Mexican-based produce monitoring group--says some avocado trucks have been hijacked, but that the main reasons for higher prices are low supply and a growing demand.Both restaurants say they won’t pass this extra cost of avocados on to their customers. Buying avocados on your own, however, isn’t as financially forgiving.At a popular national grocery chain, who requested we not use its name, avocado prices have gone up 96 percent in the past few weeks. Now, some customers are experiencing a little sticker shock when it comes to buying avocados, saying it’s impacting their shopping. “Even though I’m addicted to avocados, I won’t buy them until the price comes down,” says shopper Kate Abany. 1769
Bill Nye wants to remind you of the seriousness of global warming and he's not mincing words.The well-known science commentator appeared on "Last Week Tonight with John Oliver" on Sunday and put things bluntly while talking about 242
BOSTON, Mass. – The average college graduate has roughly ,000 in student loan debt, which means they are shelling out roughly 0 a month towards student loan repayment. Around 44 million Americans are in this situation and now some are getting help from their employers.“My undergrad is in marketing, I also got my masters just a general MBA as well,” said 31-year-old Eliza Baseau in Boston. “I graduated with 0,000 in student loan debt. It’s startling.”Badeau left college paying, monthly, as much towards student loans as rent in Boston. “Making those payments was insane,” added Badeau. However, a few years after working at Fidelity Investments, the company announced it was rolling out a new workplace perk that would give its employees extra money toward repaying their student loan debt.“Oh my gosh. It was overwhelming in a positive way,” said Badeau, “So, they asked if I could help pilot it and I was like absolutely ‘why not’ why am I not going to do that, right?”Fidelity began giving her and other employees up to 6 a month toward her student loan repayment, with a ,000 lifetime cap. For Badeau, that was almost 20 percent of her monthly student loan bill, and it will equate to paying almost 20 percent of her overall student loan debt. “In the beginning it was something for me where I didn’t see a future in buying a home, I didn’t see a future in starting a family because I couldn’t even fathom getting married or paying for a wedding or having children while battling this debt,” said Badeau, “So now it’s something where that is an option for me.”A growing number of companies are offering similar help to staff stressed and saddled with student loan debt, in part, because these employers are seeing it’s actually benefiting them too.“What we have seen is that it is actually contributing to a reduction in turnover of over 70 percent,” said Asha Shrikantiah.Shrikantiah heads Fidelity’s student loan debt program and has seen it be so successful, internally at increasing employee loyalty and productivity, that the company has taken it external.“We now have an entire benefit’s business around helping people all across the country with standing up employer sponsored benefits for student debt.”Fidelity has helped almost a hundred other companies roll out some form of monthly student loan repayment assistance. That has brought the number to a total of about 8 percent of companies across the country that now offer this new benefit. Over the next five years, that is expected to grow to 20 percent, according to the Society of Human Resources Management. Eventually, student loan repayment assistance could be as common of a workplace perk as 401ks. “Honestly I think there will be no choice. I think just seeing the wave of the generations coming in burdened by the student debt,” said Badeau. “Saving for retirement is a great benefit but right up in there is dealing with your current debt.”Not every company that offers student loan repayment offers it in the same way. Some companies, like Fidelity, will pay their contribution directly to your servicer. Others will match all or a portion of what you pay in monthly student loans to your 401k or other retirement plan. There is quite a variety of ways companies are offering this benefit. Most of the variety comes from companies trying to work this new benefit in, while navigating around tax codes that hinder the amount and way the company can offer student loan repayment assistance.H.R. 1043 is a bill that was introduced in 2019 that would let employers give tax-free student loan assistance up to ,250 a year per employee. Should that bill pass, student loan repayment assistance could be streamlined at most companies that offer it, and even more employers would likely jump on board with the new workplace perk. 3832