Wednesday the House of Representatives passed an extension of $660 billion for the Paycheck Protection Program fewer than 24 hours after the program shut its doors. Yahoo Finance’s Jessica Smith joins The Final Round panel to break down what this means for small businesses.
The International Monetary Fund has upgraded its outlook for the global economy this year, saying the world appears headed for a “soft landing” — reining in inflation without much economic pain and producing steady if modest growth. The IMF now envisions 3.2% worldwide expansion this year, up a tick from the 3.1% it had predicted in January and matching 2023's pace. In its latest outlook, the IMF, a 190-country lending organization, notes that the global expansion is being powered by unexpectedly strong growth in the United States, the world's largest economy.
Global central banks will begin cutting interest rates in the second half of the year as inflation declines, according to a new outlook from the IMF.
Maine is the newest frontier for the illicit marijuana trade, with potentially hundreds of suspected unlicensed grow houses operating in the state.
The plan seeks to forgive unpaid interest for some 25 million Americans who owe more on their loans than they originally borrowed.
President Joe Biden’s latest plan for student loan cancellation is moving forward as a proposed regulation, offering him a fresh chance to deliver on a campaign promise and energize young voters ahead of the November election. The Education Department on Tuesday filed paperwork for a new regulation that would deliver the cancellation that Biden announced last week.
On Passover, dessert options can feel limited. Flourless desserts and/or desserts made with matzo meal are fair game, and there are some great recipes out there (and plenty of not-so-great ones). For me, there is only one non-negotiable, must-have Passover dessert: chocolate-covered caramel matzo.
Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates. BofA had to make a one-time $700 million payment to the Federal Deposit Insurance Corp. to help the agency replenish the deposit insurance fund. Bank of America has been dealing with the effects of higher interest rates on its loan and investment portfolio for the past year.
The UN appealed Tuesday for pledges to address the "critical" humanitarian situation in Ethiopia, where more than 21 million people need aid, and a dire food crisis is deepening."The humanitarian situation in Ethiopia is critical -- but there is a window to act right now to break the downward spiral," UN humanitarian agency OCHA said.
Israel is preventing UN investigators from speaking to witnesses and victims of the October 7 Hamas attack, former UN rights chief Navi Pillay, who is chairing a three-person probe, said Tuesday.The investigation briefed diplomats at the UN in Geneva on its work and said that since October 7, it had focused on the Gaza war between Israel and Hamas.
German Chancellor Olaf Scholz said Tuesday he had urged Xi Jinping to press ally Russia to end its "senseless" war in Ukraine and that the Chinese President had agreed to back a peace conference in Switzerland.He added that Xi had agreed to back a peace conference on the war in Switzerland.
Jury selection will continue on Day 2 of former President Donald Trump's hush money criminal trial in New York.
With his book “The Anxious Generation,” social psychologist Jonathan Haidt calls for a revolution in how parents administer smartphones and social media to children.
— All plants, whether edible or ornamental, should be grouped according to their sunlight, water and fertilizer requirements. — Even if two plants are sun lovers, consider whether either will grow so large that it shades out the other. — Follow the spacing recommendations on your seed packs or plant tags.
Lawmakers are expected to pass an effective lifetime ban on smoking for those under the age of 15.
At least 160 rights groups are calling on tech platforms to adopt greater election safeguards amid concerns over AI-powered disinformation.
A huge fire on Tuesday tore through Copenhagen's 17th-century former stock exchange, toppling the historic building's landmark spire in front of horrified and emotional witnesses.It is one of Copenhagen's oldest and best known landmarks.
Israeli Prime Minister Benjamin Netanyahu and his immediate war cabinet are considering what action to take following Iran's attack on Saturday. Allies including the United States have urged Israel not to risk igniting a wider regional conflict, and President Joe Biden has made clear U.S. forces would not join any retaliatory attack on Iran. Israel could respond to the Iranian barrage with air strikes of its own, particularly as Iranian air defences are considered much less well developed than the multi-layer system that Israel and its allies deployed on Saturday night.
A Sudanese-American family is the first to be reunited in the U.S. after a woman and her sons spent nearly a year stuck in Saudi Arabia.
A Wall Street revival helped Morgan Stanley beat analyst expectations in the first quarter, giving a lift to new CEO Ted Pick.
Denmark’s historic old stock exchange building has been engulfed in flames, with television pictures on Tuesday showing the fire ripping through the historic building in the center of the capital.
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