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Presumptive Democratic nominee Joe Biden unveiled plans for racial economic equality on Tuesday before reporters in Delaware.Among the highlights of Biden’s plan, he says he wants to make public and historically black colleges and universities tuition free for families making less than 5,000 per year. He also said that he wants to provide student debt relief to lower income Americans.The Biden campaign released data that says that Black college graduates with a bachelor’s degree hold ,000 more student debt than white graduates. Biden also said that if elected, he would devote 0 billion for small business opportunities for those who have “been structurally excluded for generations.”“We need to make bold, practical investments to recover from the economic mess we’re in, and to rebuild for the economic future our country deserves,” Biden said in prepared remarks on Tuesday.During his news conference, he said that he plans to name a vice presidential candidate during the first week of August. Biden has previously said that he will choose a woman, and the former vice president has faced pressure from within the Democratic party to choose a woman of color.In June, Sen. Amy Klobuchar withdrew from consideration to be his running mate and urged Biden to choose a woman of color to be his running mate. 1329
Reports show storm surge already rapidly rising at Holly Beach, LA and adjacent coastal areas. If you are under a mandatory evacuation, you should leave NOW! Once water levels rise in your area, it will be a sharp increase. By then it will be too late #txwx #lawx #hurricanelaura— NWS Lake Charles (@NWSLakeCharles) August 26, 2020 339

Rafael Nadal, the current No. 2-ranked tennis player in the world and winner of 19 career Grand Slam titles, won’t play in the upcoming US Open citing coronavirus concerns.Nadal, 34, is chasing Roger Federer for most career Grand Slam titles as both players head toward the twilights of the careers. For Nadal the spread of the coronavirus took precedence to catching Federer, who has won 20 Grand Slams.“The situation is very complicated worldwide, the COVID-19 cases are increasing, it looks like we still don’t have control of it,” Nadal said on Tuesday. “We know that the reduced tennis calendar is barbaric this year after 4 months stopped with no play, I understand and thank for the efforts they are putting in to make it happen.”The tennis calendar was scaled back in March as the coronavirus began to spread worldwide. This year’s Wimbledon tournament was canceled altogether, while the French Open, a tournament Nadal has won a record-setting 12 times, has been postponed to early October.Despite major tournaments being postponed, players have continued playing competitive matches, sometimes amid controversy. Early in the summer, tennis star Novak Djokovic organized an Eastern Europe tournament that ignored coronavirus safety measures. The tournament’s final ended up being canceled, and a number of players, including Djokovic, ended up with coronavirus infections. 1389
Property manager Brandon Scholten is seeing big price drops in some of his listings since COVID-19 hit.“We’re at ,040 but we started at above ,300,” Scholten said about a two-bed, two-bath townhouse in downtown Denver.Scholten, the owner of Keyrenter Property Management Denver, says some of his downtown rental properties are staying on the market 20% longer and that prices have dropped nearly 20% compared to the same time last year. And he believes the plummet is linked to the pandemic.“Especially with so many remote work options now,” Scholten said. “I think all of it is just going to push that pressure outward and you’ll see prices fall in the urban corridor.”What’s Scholten is seeing in downtown Denver is happening to other major metropolitan areas across the country.“The pandemic has shifted the demand for rentals away from these really expensive areas,” said Crystal Chen, a marketing manager with Zumper an apartment rental tracker.Zumper’s recent national rent report found one-bedroom rent prices in San Francisco fell nearly 12% year-over-year, the largest drop that city’s ever seen.Other major cities that saw decline in rent prices are New York, Boston and San Jose. Cities that reported some of the largest rent increases include Lexington, Akron and Anchorage.“It makes sense,” Chen said of the prices changes for rent. “Why would people want to pay a big city price tag if they can’t use the amenities and they’re stuck at home?”With more companies embracing working from home and more people looking to social distance, Chen says more renters are now leaving expensive big cities for cheaper surrounding areas.“Which we like to call the 'Brooklyn effect' since the important factors now are space and affordability,” she said.Space and affordability: two things New York City is not known for.“I’ll be honest, a lot of people are leaving,” said Lauren Feldesman, a real estate agent with Compass. “The number of lease break calls I get a week is astronomical.”Feldesman says she is seeing a huge surplus of downtown apartment rental inventory since coronavirus concerns swept the country.“It’s a tough situation,” she said. "People lost their jobs, they’re furloughed or they have their own businesses and their business is really shut down or has taken a huge hit.”While vacancy rates are going up in major metropolitan cities across the country, some downtown renters are seeing some financial relief.“People are now negotiating down 10, 15, even up to 20% of their rent because there is so many more vacancies now as than there was before,” Chen said.Without a vaccine, however, Chen predicts rental prices in downtown areas will continue this downward trend as the rental demand shifts from cities to the suburbs. 2757
President Donald Trump's former campaign chairman Paul Manafort has been found guilty on eight counts of financial crimes, a major victory for special counsel Robert Mueller.But jurors were unable to reach a verdict on 10 charges, and Judge T.S. Ellis declared a mistrial on those counts.Manafort was found guilty of five tax fraud charges, one charge of hiding foreign bank accounts and two counts of bank fraud. He faces a maximum of 80 years in prison.The news came at the same time Trump's former lawyer Michael Cohen was in a New York federal court to plead guilty to multiple counts of campaign finance violations, tax fraud and bank fraud.Landing in Charleston, West Virginia, Trump said that the charges Manafort was convicted of on Tuesday have "nothing to do with Russian collusion" and criticized Mueller's investigation for arriving at this point. 867
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