Tag: economy

SAN FRANCISCO (AP) — California tourism leaders are urging residents to spend their pent-up travel dollars exploring their home state, as coronavirus case numbers stay low and the industry reels from a 55% decline in revenue.

Secretary-General Antonio Guterres declared Monday that the world’s failure to unite on tackling COVID-19 created wide inequalities, and he called for urgent action including a wealth tax to help finance the global recovery from the coronavirus.

With mortgage rates hovering near three percent, experts say there are still a number of homeowners who could benefit from refinancing. In fact, borrowers who refinanced in 2020 to lower their mortgage rate saved over $2,800 in mortgage payments annually, according to the latest Freddie Mac research.

There has been a change in who will get stimulus checks in Washington’s next big relief package, as President Joe Biden last week agreed to new income limits. The shift came after moderate Democratic senators voiced concerns about money going to people who aren’t in dire need.

Despite a full-time job, a mother of three named Janet has been responsible for all the pandemic parenting, helping her remote-schooling kids and watching a toddler all while working at home as a grant administrator.