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With businesses around the country reopening, customers may notice an additional expense on their bill: a COVID-19 surcharge. This new surcharge is popping up around the country and is an extra fee that businesses can add to a bill to help alleviate the financial burden placed upon them during the virus outbreak. It is meant to help offset losses due to businesses having to temporarily close, or help businesses keep up with the new requirements to reopen under health guidelines.The practice of adding an additional surcharge is legal for businesses although it may feel sneaky to customers without prior notification."Businesses would have to make decisions on their own," Kern County Administrative Officer Ryan Alsop told KERO-TV. "Simply having something on the bill at the end of the night that addresses something like a COVID-19 surcharge, possibly in addition to having signage in the restaurant, maybe something on the menu upfront."Adding a surcharge to the bill isn't the only option to help businesses during this time of reopening. Businesses could choose to raise prices overall. This has already been seen in some restaurants where expenses such as food supplies and third-party delivery fees, like DoorDash and GrubHub, have gone up considerably.Alsop points out that as a business, communicating with your customers might be the best way to maintain trust and keep your customers coming back during this difficult time."If I'm a business owner, customers are my livelihood," he said. "Those I think are points where you can engage your customers and talk to them about your business decisions."This story originally reported by Veronica Morley on turnto23.com. 1689
While scientists work to come up with a safe and effective COVID-19 vaccine, doctors across the country are watching closely. Many are helping guide their patients in making an informed decision about getting a vaccine."This was indeed a surprise to see that there would vaccines available by the 1st of November. It’s clearly an aspirational goal, because we all would like to see a safe and effective COVID-19 vaccine as soon as possible, but I think testing vaccines to make sure they’re safe and effective is of paramount importance," said Dr. Bali Pulendran, a microbiology and immunology professor at Stanford University.Dr. Pulendran says the process of developing a vaccine involves numerous steps, and scientists are getting closer to the end. Still, it's hard to put an end date on the third and final phase of a vaccine trial. This last phase determines whether the vaccine actually works."The way in which you can assess whether a vaccine works is to see how many of these people acquire the disease or become infected with COVID at some period of time," explained Dr. Pulendran.Phase three divides the trial participants into two groups. One group is given the vaccine, and the other is given a placebo."And then, you calculate the efficacy based on those numbers. So, if there were 200 people affected in the placebo group but there were only 100 people who were infected in the vaccinated group, then the efficacy is 50 percent" said Dr. Pulendran.The third phase is hard to time, as it depends on how quickly some of the trial participants become infected. If they live in areas where COVID-19 infection rates are higher, the phase will be completed faster.But there are some other ways to speed up the vaccine trial.Dr. Darria Long, an emergency room physician and clinical assistant professor at the University of Tennessee-Erlanger, says one way is by doing two of the phases at the same time. Another way is if officials prepare for the manufacturing and logistics side of producing the vaccine during the third phase of the trial."This is what we see the CDC saying is to get ready on the manufacturing and logistics side because even if you come up with the perfect target drug, making sure you can manufacture hundreds of millions and that you have the little glass vials that can keep it at the right temperature, those are all things that can be hang-ups,” said Dr. Long. “So, they're wanting to expedite that process, because the last thing you want is to say is we have the vaccine, but we can’t get it to people.”Dr. Long is already answering her patients' questions as news of a possible COVID-19 vaccine continues to be publicized."I do think a lot of people are wondering about this vaccine and it runs the gamut. There are those that say they really want the vaccine because they see it as this gateway to getting back to life as we know it," said Dr. Long.There are also those who are really concerned about the efficacy and safety of a COVID-19 vaccine. Doctors say a key piece in evaluating a vaccine when it does come out is the data surrounding it."The data that comes out in the public domain: is a particular vaccine efficacious? How effective is it what is the efficacy data? Is a particular vaccine safe? What are the side reactions? And they should talk with their physicians to ask each question. Ask doctors, ‘Could you tell me what the safety part of this vaccine is?" recommended Dr. Pulendran.And above all, doctors and scientists hope politics will stay out of the development of a COVID-19 vaccine in order to ease any concerns or hopes for a vaccine to be available as soon as possible. 3644

What would it take to save million for retirement? Right now, more people than ever are 401k millionaires.Financial adviser Jonathan Duong says saving million is not as impossible as it may seem."A million dollars is very achievable for folks who aren't necessarily making really large six-figure incomes," Duong says. The average 401k millionaire has been contributing to their retirement fund for over 30 years, according to MarketWatch. So, how do you get to million in your 401k? Duong says there are a few easy ways. First, defer over 10 percent of your paycheck to your 401k. Fidelity Investments says it might seem like a lot, but in the end, it should leave you with an annual income that you're use to once you retire. Next, take advantage of your employer match."A match is free money," Duong says. MarketWatch found 28 percent of the contributions to the average 401k millionaire's account came from their employer. "Additional things you can do is working a little bit longer and delaying social security," suggests Duong. Delaying Social Security until you’re in your 70's will allow you to get more money opposed to taking it sooner. “It’s fairly good to say that if you've got 25 to 30 times your annual living expenses saved up, you might be in a position to retire, but there are a lot of other details that go into it," Duong explains. There's no rule of thumb for how much everyone should save, Duong says. It all depends on your living expenses and how much it takes for you to live comfortably. "In my mind, the ability to start today is really a reality for most people it's never too late," Duong says. 1756
White House press secretary Sarah Sanders issued a rare correction Tuesday night after falsely declaring that President Donald Trump has created three times as many jobs for African-American workers as former President Barack Obama did during his two terms in office."Correction from today's briefing: Jobs numbers for Pres Trump and Pres Obama were correct, but the time frame for Pres Obama wasn't. I'm sorry for the mistake, but no apologies for the 700,000 jobs for African Americans created under President Trump," Sanders wrote in a tweet.During the briefing, as she sought to defend the President's record on race, Sanders said Trump has already tripled Obama's record over eight years for creating jobs for black workers."This President since he took office, in the year and a half that he's been here, has created 700,000 new jobs for African-Americans," Sanders said from the White House podium. "That's 700,000 African-Americans that are working now that weren't working when this President took place. When President Obama left, after eight years in office, he had only created 195,000 jobs for African-Americans."But that's not even close to true, according to Labor Department figures.Hours after the briefing, after Bloomberg News pointed out the inaccuracy, the White House Council of Economic Advisers apologized for the figure. It posted a tweet citing a "miscommunication" to Sanders.While it's true that the US economy has added about 700,000 jobs held by African American workers since Trump took office, it added about 3 million black jobs while Obama was in office, according federal labor statistics.When Obama took office in 2009, 15.5 million African Americans had jobs in an economy filleted by one of the country's worst recessions. When he left office, the economy had 18.4 million black workers.Sanders made the claim as she was answering questions about whether she could guarantee Trump had never been recorded using the N-word while producing "The Apprentice.""I can't guarantee anything, but I can tell you that the President addressed this question directly," Sanders said. "I can tell you that I've never heard it."Then, Sanders went on to argue that Trump has created more jobs for black Americans than Obama did."This is a President who is fighting for all Americans, who is putting policies in place that help all Americans, particularly African Americans," Sanders said. "Just look at the economy alone." 2467
WILMINGTON, Del. (AP) — The Democrats' historic boundary breakers are joining forces at the party’s national convention. Barack Obama, Hillary Clinton and Kamala Harris are all addressing the virtual convention Wednesday night in an effort to rouse the diverse coalition Joe Biden will need to defeat President Donald Trump this fall. Harris made a surprise, brief appearance as proceedings got under way, calling on supporters to make specific plans to vote — and overcome obstacles including the coronavirus and postal delays.Obama, the first Black president, and Clinton, the first woman nominated for president by a major party, were also speaking later, and Harris will be delivering remarks that will serve as her introduction to millions of voters. 763
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