‘It’s just a nightmare’: Californians struggle with frozen EDD accounts – KCRA Sacramento

[ad_1] ‘It’s just a nightmare’: Californians struggle with frozen EDD accountsKCRA Sacramento California crackdown on unemployment fraud a ‘complete disaster’ for some with legitimate claimsCBS News Updated Identification Process to Prevent Fraud Welcomes Colorado Unemployment Benefit ClaimantsCBS Denver Many frustrated California workers have been excluded from unemployment benefits, accused of ‘fraudulent activity’KFSN-TV ‘It’s just a … Read more

Fed chairman: no interest rate hike coming anytime soon

[ad_1] Interest rates will remain near zero for the foreseeable future, Federal Reserve Chairman Jerome Powell said on Thursday. Why is this important: This avoids fears that the central bank will consider withdrawing from its easy monetary policy if the economy recovers faster than expected. What he says: “When the time comes to raise interest … Read more

Intel lures new CEO Pat Gelsinger with a package valued at $ 116 million

[ad_1] Future Intel CEO Pat Gelsinger is expected to raise more than $ 100 million for his new job. The chipmaker has offered mind-boggling incentives to steer Gelsinger away from his current role as head of VMware, which recently valued his annual compensation at over $ 42 million. Intel unveiled Gelsinger’s salary package on Thursday, … Read more

Amazon hit with antitrust lawsuit alleging pricing of eBooks

[ad_1] Amazon is accused of fixing the price of e-books sold on the e-commerce site through anti-competitive deals with the country’s five major publishers, according to a complaint filed Thursday. Class action lawsuit filed in U.S. District Court for the Southern District of New York City alleges Amazon and publishers entered into price-fixing deals in … Read more

Today’s Stock Exchange: Dow, S&P Live Updates January 15, 2021

[ad_1] Asian stocks, US stock futures and Treasury yields retreated on Friday as investors examined President-elect Joe Biden’s highly anticipated Covid-19 relief plan. With few surprises to catch investors off guard, attention has turned to what part of the package will ultimately be passed by Congress and a reminder that it is looking to raise … Read more

Blue Origin launches capsule into space with astronaut benefits

[ad_1] In this image from a video made available by Blue Origin, the company’s New Shepard rocket lands after a test flight in West Texas on Thursday, January 14, 2021 (Blue Origin via AP) Jeff Bezos’ company Blue Origin launched a new capsule into space on Thursday to test all the benefits of astronauts before … Read more