Unemployment Claims Rise Anew In Latest Signal Of Financial Misery

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If protecting your own home organized comes naturally and also you take pleasure in helping different people, consider turning into knowledgeable organizer as a side enterprise thought. As the necessity for child boomers to start downsizing grows, you need … Read More

What Blaze Pizza’s latest creation tastes like

Don’t knock it ‘til you try it — at least when it comes to Blaze Pizza’s White Claw pizza.

Yahoo Finance got to try the unique creation, and it was delicious.

Customizable pizza chain, Blaze Pizza, collaborated with hard seltzer company White Claw on a unique White Claw-infused pizza crust. It was available at more than 40 Blaze Pizza locations for one day only on June 18.

Blaze Pizza Co-founder and Executive Chef Brad Kent took us behind the scenes for an exclusive look at how the White Claw infused dough is made. To make roughly 100 dough balls, Kent cracked open 20 White Claw cans. Mango White Claw replaced the filtered water that’s normally used in Blaze Pizza’s dough.

Flour, yeast, extra virgin olive oil, salt and a pinch of sugar were added to the White Claw to complete the dough.

Cracking open and pouring in the White Claw

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The latest reminder that a full economic recovery will take a long time: Morning Brief

Friday, June 19, 2020

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‘It’s not clear why claims are still so high.’

Initial jobless claims continue to be the most concerning piece of U.S. economic data.

On Thursday, we learned that another 1.51 million Americans filed first-time claims for unemployment insurance. Over the last 13 weeks, more than 45 million Americans have filed for unemployment insurance.

And while the speed with which the economy slowed down in February is without precedent, the May jobs report showed some signs of a recovery in the labor market.

But Thursday’s report shows a persistently high number of American workers still turning to unemployment for the first time. And this casts doubt on how quickly the labor market will indeed turn around and resemble anything like what prevailed when the year began.

“It’s not clear

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Assessing the latest big idea for fixing the U.S. student loan crisis

One of the solutions being floated involves income-share agreements (ISAs), a type of financing where a student pays for education by paying a percentage of their income after graduation.

“Over the last several years we’ve certainly seen a resurgence and the interest in using income-share agreements to finance higher education, and potentially for other uses as well,” Joanna Darcus, a staff attorney at the National Consumer Law Center, told Yahoo Finance. “And that the interest is primarily driven by financial companies, FinTech platforms, venture capitalists, and some institutions who are interested in exploring the model.” 

While not a new idea, politicians and experts are currently debating the pros and cons of ISAs.

In June 2019, after an Education Department (ED) official revealed that the Trump administration was considering a federal ISA program, Senator Elizabeth Warren (D-MA) joined Representatives Ayanna Pressley (D-MA) and Katie Porter (D-CA) in writing a letter to … Read More

‘The Fed has basically gone off after every asset class we have’ with latest move

Gary Cohn — the former Goldman Sachs president who served as President Donald Trump’s National Economic Council director from 2017 to 2018 — is a fan of how the Federal Reserve is approaching the economic crisis facing the U.S. amid the coronavirus pandemic.

“The Fed is moving with just extraordinary speed and they continue to do everything within their sights to help stabilize the economy,” he told Yahoo Finance’s On The Move on Thursday. “But they’re moving into uncharted territory for themselves.”

The Federal Reserve unveiled its latest “bazooka” to stimulate the economy on Thursday by providing up to $2.3 trillion in loans for households and local governments as businesses continue to remain shut down to contain the novel coronavirus.

The Fed also released details on its Main Street lending program — which will operate alongside the glitch-beset “Paycheck Protection Program” — to support up to $600 billion in loans

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