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Articles related to "americans"


US billionaires have become $565 billion richer during the pandemic

  • The acceleration of wealth for the richest Americans is being driven by the remarkable recovery of the stock market, which has skyrocketed in large part because of unprecedented action from the Federal Reserve.
  • The net worth of Mark Zuckerberg, the company's co-founder and CEO, has climbed $30.1 billion since March 18, the IPS report found.
  • The net worth of Tesla boss Elon Musk, Google founders Sergey Brin and Larry Page and former Microsoft CEO Steve Ballmer have all climbed by $13 billion or more apiece since March 18, the report found.
  • Economists expect Friday's jobs report to show the United States lost another 8 million jobs in May, lifting the pandemic tally to 28.5 million -- three times the number of jobs lost during the Great Recession.

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Welcome to our reality, white America

  • Social media streams, meanwhile, are filled with white Americans learning about the power of supporting black-owned businesses, and sharing reading lists and podcasts that address racism -- and their responsibility to be not just not overtly racist, but anti-racist.
  • For decades, and centuries, black Americans have been attempting to make the country's deep-seated inequality legible through the language of resistance.
  • Despite media coverage that's tended to obfuscate righteous anger, the protesters' gaze is trained less on one officer than on the sin itself: a history of white control that's long dehumanized black Americans while insisting that it's acting in their interest.
  • Is the white establishment finally hearing the concerns of black Americans, who've been making their pain -- their exhaustion with this pain -- clear for decades?

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3 unemployment proposals that could be part of next coronavirus relief bill - Business Insider

  • Early on in the crisis, Congress authorized a $600 boost in weekly unemployment payments to tide over a surge of people who either lost their jobs or were furloughed.
  • But Republicans argue the increased benefit disincentivizes work since it allows half of the labor force to collect more on unemployment than at their old jobs.
  • The boosted payments, though, allow many low-wage workers to earn more while out of work than they did at their old jobs, a trend that's caused blowback from Republicans.
  • But abruptly ending the $600 federal benefit without any replacement would lead to a 50% to 75% pay cut for millions of struggling workers, experts say — and the prospect of a surge in hiring anytime soon is slim.
  • Sen. Rob Portman of Ohio unveiled a plan last month to pay $450 a week for workers heading back to their old jobs or new ones.

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3 unemployment proposals that could be part of next coronavirus relief bill - Business Insider

  • Early on in the crisis, Congress authorized a $600 boost in weekly unemployment payments to tide over a surge of people who either lost their jobs or were furloughed.
  • But Republicans argue the increased benefit disincentivizes work since it allows half of the labor force to collect more on unemployment than at their old jobs.
  • The boosted payments, though, allow many low-wage workers to earn more while out of work than they did at their old jobs, a trend that's caused blowback from Republicans.
  • But abruptly ending the $600 federal benefit without any replacement would lead to a 50% to 75% pay cut for millions of struggling workers, experts say — and the prospect of a surge in hiring anytime soon is slim.
  • Sen. Rob Portman of Ohio unveiled a plan last month to pay $450 a week for workers heading back to their old jobs or new ones.

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Domino’s braces for post-pandemic pain

  • Domino’s Pizza chief Don Meij was also pleased to have footy back on Australian TVs. Speaking at a virtual event hosted by your columnist on Wednesday, Meij revealed that the return of the NRL coincided with a return to something like normal trading patterns for this time of year – albeit with higher average order sizes (something Domino’s has seen throughout the COVID-19 crisis) and an extra lift from the fact restaurants remained closed.
  • The US boss told Meij that the economy was so bad at the time that somewhere between 10 and 12 per cent of Americans couldn’t afford a $5 pizza.
  • The rise in the number of customers in Japan, Germany and Australia, and their details now entered into Domino’s online platform tells him that analyst predictions for 50 per cent of takeaway food to be delivered by 2030 probably underestimate the speed of the transition.

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GOP's pandering to racism has to stop

  • One that is tangential at best, and belies the underlying truth that the party has created a political reality wherein without giving refuge to racists, it wouldn't stand a chance at electoral success in what became Republican strongholds in the South, as a result of the adoption and continued implementation of this strategy.
  • Whitewashing the transgressions of Trumpism, and the complicity of the Republican Party in it, is a conscious, deliberate decision to join the ranks of the modern-day "Lost Cause" (a theory that Southern states adopted to show themselves as heroic, while denying that slavery was a central part of the Civil War's conflict) as co-conspirators.
  • They will no longer go unnoticed or be granted grace in their enabling of Trump and his band of deplorables who are dishonoring the legacy of Lincoln, working overtime to exacerbate and exploit -- not bridge and heal -- the racial and cultural divide in this country at the expense of American lives for political power.

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Same-sex weddings have boosted economies by $3.8B since gay marriage was legalized, study says

  • The same-sex wedding industry also supported at least 45,000 jobs and generated more than $244.1 million in state and local sales tax since June 2015, according to the report from the UCLA School of Law's Williams Institute on Sexual Orientation and Gender Identity Law and Public Policy.
  • More than half of all wedded same-sex couples in the United States got married after the Supreme Court made the landmark decision in Obergefell v.
  • Now, the researchers estimate, there are 513,000 married same-sex couples in the United States, and 293,000 of them got married after June 2015.
  • Over 10 years before same-sex marriage was legalized, most Americans opposed the idea, according to the Pew Research Center, by a margin of 60% to 31%.
  • And now that it's been legalized, it's possible that support for same-sex marriage has "reached a ceiling," Gallup reported.

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Spooked truck driver claims to have the right to run over protesters - Business Insider

  • Training of truck drivers may seem like a minor discussion point as the coronavirus' death toll pushes past 100,000 and law enforcement responds to peaceful protesters with tear gas and rubber bullets, pushing American cities into chaos.
  • In 1992, when riots broke out in Los Angeles after the acquittal of four police officers filmed beating Rodney King, a truck driver named Reginald Denny found himself surrounded by angry protesters.
  • Many truck drivers are terrified of finding themselves in Denny's position — but their training often is lacking on how to handle a situation like that.
  • On May 30 in St. Louis, a FedEx truck driver who has not been identified killed a man around 2 a.m. Protesters, some of whom were armed, assailed the FedEx truck, causing him to initially slow down and blow his air horn before speeding away.

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Spooked truck driver claims to have the right to run over protesters - Business Insider

  • Training of truck drivers may seem like a minor discussion point as the coronavirus' death toll pushes past 100,000 and law enforcement responds to peaceful protesters with tear gas and rubber bullets, pushing American cities into chaos.
  • In 1992, when riots broke out in Los Angeles after the acquittal of four police officers filmed beating Rodney King, a truck driver named Reginald Denny found himself surrounded by angry protesters.
  • Many truck drivers are terrified of finding themselves in Denny's position — but their training often is lacking on how to handle a situation like that.
  • On May 30 in St. Louis, a FedEx truck driver who has not been identified killed a man around 2 a.m. Protesters, some of whom were armed, assailed the FedEx truck, causing him to initially slow down and blow his air horn before speeding away.

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After Trump, Twitter hides Senator Rep. Matt Gaetz's tweet for 'glorifying violence'

  • Several politicians and policy advocates asked the company to take the tweet down immediately.
  • Before Twitter marked the tweet, it was retweeted over 12,000 times.
  • Just like Trump’s tweet, this tweet hasn’t been removed from the platform because of its newsworthiness.
  • In a statement, a Twitter spokesperson said the tweet was in violation of the company’s glorification of violence policy.
  • Antifa is a terrorist organization, encouraging riots that hurt Americans.
  • Several political leaders, including Trump, have billed some protestors as Antifa (anti-fascist movement) terrorists.
  • In the past few weeks, Twitter has been proactive in marking tweets that spread misinformation or glorify violence.
  • Last week, the company embedded fact-checking links to some of Trump’s tweets.
  • In response, Trump signed an executive order that removes a safe harbor for social media companies and holds them liable for content hosted on their platforms.

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