Senators Ask Trump to Suspend Guest Worker Visas for 60 Days

Four GOP senators closely allied with President Donald Trump are urging him to suspend all new guest worker visas for 60 days, and to suspend other types of worker visas including those for advanced skills sought by the technology industry, until unemployment in the U.S. “has returned to normal levels.” The senators, who include Tom Cotton of Arkansas and Ted […]

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How to save for retirement while on unemployment

Will the stimulus package address retirement savings losses suffered during coronavirus? FOX Business’ Maria Bartiromo says having a 401(k) is one of the most important ways to grow retirement wealth and notes $100,000 of IRA savings can be withdrawn during the coronavirus pandemic. Billionaire entrepreneur Mark Cuban encourages people to be patient about not withdrawing their retirement money too soon. […]

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Palm Beach mansion once owned by John Lennon, Yoko Ono is up for sale

Coronavirus won’t lead to negative real estate prices: Former HGTV host Compass Vice President, realtor and former HGTV Host Mike Aubrey argues there is a pent-up demand for real estate, especially as coronavirus pushes more people to stay in and work from home. A resort-like Palm Beach, Florida, mansion that John Lennon and Yoko Ono bought just months before the […]

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How China Is Losing Europe

If 2019 was the year when Europeans began having serious doubts about Beijing’s geopolitical intentions, 2020 may go down in history as the moment they turned against China in defiance. That’s not because they blame the Chinese for originating Covid-19, as U.S. President Donald Trump and his secretary of state seem obsessed with doing. It’s because China, by trying to […]

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China Exports Post Unexpected Gain But Rebound Seen as Temporary

China’s exports unexpectedly rose in April aided by stronger shipments to South East Asia, though with the coronavirus pandemic damaging global demand that increase is likely to be temporary. Imports fell. Exports rose 3.5% in dollar terms in April from a year earlier, while imports dropped 14.2%, the customs administration said Thursday. That left a trade surplus of $45.3 billion […]

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Luxury Titan Arnault Plots Rebound After a $30 Billion Virus Hit

In his ninth-floor office on Paris’s Avenue Montaigne, Europe’s wealthiest man, Bernard Arnault, is spending long hours plotting a post-virus future for his luxury goods empire, LVMH. At 71, the billionaire has lived through several crises, but none quite like this one, with his armada of more than 70 brands — from Dior to Fendi — hit from all sides. […]

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