3.5 million workers are at risk of losing their unemployment benefits as Republican governors cut pandemic aid

Over 20 GOP-led states are opting to end their participation in federal unemployment benefits early. It means an additional $300 in weekly benefits would end, as will programs expanding eligibility. At least 3.5 million workers will be impacted by the early pause, according to one estimate. See more stories on Insider’s business page. As more GOP governors withdraw their states from […]

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Rural COVID-19 vaccination rates lag behind urban areas as access, hesitancy remain barriers

Vaccination rates in rural America lagged urban counties during the first four months of the nation’s concerted immunization push as challenges such as lack of access and vaccine hesitancy persisted, a new study found. A Centers for Disease Control and Prevention analysis released Tuesday found 39% of rural adults received at least one vaccine dose, compared with 46% of urban adults. Rural vaccination rates […]

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These Are the Richest Places in the South

The U.S. Department of Health and Human Services defines the federal poverty level in the continental United States today at $12,880 for individuals, $26,500 for families of four. (The thresholds are slightly higher for Alaska and Hawaii.)  No government agency undertakes to define wealth, however. What’s the best measure of affluence? Annual income? Net worth? Lifetime earning potential? Merriam-Webster defines […]

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9 vaccinated Yankees team and staff tested positive for Covid — here's how that happens

Nine members of MLB's New York Yankees who are vaccinated have tested positive for Covid with "breakthrough" infections. The people who have tested positive include second baseman Gleyber Torres, pitching coach Matt Blake, third base coach Phil Nevin, first base coach Reggie Willits and five members of the Yankees' traveling staff, the team said in a release. "Fortunately, they're all you know […]

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How well college graduates do financially depends on their parents

Getting a college degree is often thought of as key for getting ahead financially. But it turns out something else — whether your parents also have a college education — may affect your income and wealth. While a bachelor's degree is still generally valuable, "not all college grads fare the same," one economist says. Getting a college degree is often […]

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Jaguar Land Rover makes £860m loss after strategy rethink

Carmaker would have reported a profit, despite Covid, if £1.5bn had not been written off in U-turn Last modified on Tue 18 May 2021 10.44 EDT Jaguar Land Rover made a loss of £860m for its full financial year after its new boss wrote off £1.5bn in a strategy rethink, despite a recovery in sales since the slump at the […]

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Biden to spotlight electric vehicle future he sees for US

WASHINGTON — President Joe Biden is putting the spotlight Tuesday on the electric vehicle future he envisions for the United States, as a way to tackle climate change and create jobs. Biden is touring Ford’s Electric Vehicle Center, a new factory being built on the grounds of the automaker’s massive Rouge complex in Dearborn, Michigan. The president was visiting a […]

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Ethereum co-founder on why he got into crypto: Empower the little guy, 'screw' the big guy — 'they already have enough money'

Before Vitalik Buterin co-created Ethereum, he first learned about bitcoin in 2011, when he was 17 years old. Initially he dismissed it, but Buterin eventually connected with the idea of bitcoin after a second look, he told Wired in 2016. Like many bitcoin evangelists, Buterin, a Russian-Canadian programmer, was curious about the decentralized payment system. Back then, "I had a […]

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Biden to tout EV agenda on tour of Michigan factory building Ford's electric F-150 Lightning pickup

President Joe Biden is scheduled to tour Ford's new Rouge Electric Vehicle Center in Dearborn, Michigan, where the electric F-150 Lightning pickup will be produced. Biden is expected to tout his American EV agenda and $2 trillion infrastructure package that includes $174 billion to spur the development and adoption of electric vehicles. The F-150 Lightning could be the poster child […]

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