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Millions of out-of-work Americans are being surprised by new information. The 0 a week they were relying on receiving through the end of July is set to end a week earlier than they expected.“That is one week less of payments than families get. That is huge. That is the difference between being able to make a car payment, make your rent, put food on the table,” said Heidi Sheirholz.Sheirholz is a former chief economist with the Department of Labor and the current senior economist at the Economic Policy Institute and explained why the CARES Act supplemental is ending so soon.“What it says in the legislation essentially is that it ends on July 31 and we all thought, you know, the end of July, but when you look at the very specific language, what it says is that the last payment will be on or before July 31,” said Sheirholz.Basically, July 31 is a Friday. State unemployment systems end their week on the weekend and pay only full weeks. So, the last full week for a payout will be on July 26. Most states had listed July 31 as the final payment on their respective state’s unemployment website and have scrambled in recent weeks to clarify and adjust the date."It’s just going to create enormous hardship,” she added.Many people will more suddenly go from about ,000 a week in total unemployment benefits, to only whatever their states’ normal unemployment benefits are, which on average is about 5. However, it’s not too late for Congress to act and extend the 0 supplemental. Economist, like Sheirholz, hope they do.“That extra 0 per week for people who are getting unemployment insurance is supporting spending of millions of people and that supports the broader economy,” said Sheirholz. “We estimate that if the 0 additional UI payment is allowed to expire this country will lose over 5 million jobs over the next year.” 1859
MANAGUA, Nicaragua — Hurricane Iota is moving across northern Nicaragua with hurricane strength winds of around 85 mph after making landfall as a dangerous Category 4 storm. Iota came ashore along almost exactly the same stretch of Nicaragua’s Caribbean coast that was devastated by an equally powerful Hurricane Eta just 13 days earlier. Iota had intensified into an extremely dangerous Category 5 storm during the day Monday, but the U.S. National Hurricane Center says it weakened slightly as it neared the coast late Monday and made landfall with maximum sustained winds of 155 mph (250 kph). Eta’s torrential rains saturated the soil in the region, meaning Iota's rains have nowhere to go and could cause deadly landslides.In their 7 a.m. update, the National Hurricane Center said Iota is expected to create "flash flooding, landslides, life-threatening storm surge and powerful winds across portions of Central America Tuesday."The NHC says Iota is moving west, further inland, and will move across Honduras Tuesday night into Wednesday. Hurricane Eta, after making landfall in Nicaragua, spun back out east into the Gulf of Mexico where it regained strength and dropped torrential rains on the western side of Florida and up into the southeast states of the U.S. Iota is expected to continue heading west across Central America, reaching El Salvador and southern Guatemala. 1390
Many Starbucks locations will close on Tuesday at 2:30 p.m. local time to allow for employees to participate in racial-bias education. All Starbucks company-owned retail stores and corporate offices will be closed in the afternoon of Tuesday, May 29. Franchised locations are not participating in Tuesday's training. The training was announced last month after a store manager called police to forcibly remove two African-Americans for loitering. The incident drew criticism and calls for boycott against Starbucks. "The company's founding values are based on humanity and inclusion," said executive chairman Howard Schultz, who joined Johnson and other senior Starbucks leaders in Philadelphia to meet with community leaders and Starbucks partners. "We will learn from our mistakes and reaffirm our commitment to creating a safe and welcoming environment for every customer."Starbucks has updated its store hours online. To see if your local Starbucks will be closed Tuesday afternoon, click here. 1059
MIAMI (AP) — The National Hurricane Center (NHC) in Miami says Tropical Storm Gonzalo has formed the middle of the Atlantic Ocean.This sets a record for the earliest named seventh tropical storm of the Atlantic hurricane season.The NHC says Gonzalo is continuing to strengthen and predicts that it will become a hurricane by Thursday. 342
Mass transit systems around the world have taken sweeping steps to curb the spread of the coronavirus, including shutting down some subways overnight and testing powerful ultraviolet lamps to disinfect seats, poles and floors. But experts say those steps solve only part of the problem because the virus is more often spread through the air. Transit officials are studying more advanced cleaning methods that might someday automatically disinfect transit systems around the clock. The Moscow Metro and a public bus company in Shanghai have experimented with germ-killing ultraviolet light. Agencies in Hungary and the Czech Republic have tried using ozone gas as a disinfectant. 686