For scammers, it’s open season on your stimulus checks. Bolster, a fraud prevention company, turned up more than 145,000 suspicious domain registrations with the term “stimulus check,” according to the firm’s first-quarter analysis of phishing and online fraud. The federal government has issued more than 152 million so-called Economic Impact Payments to individuals, totaling $257.9
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NEW DELHI: A clutch of over 30 countries, including India, has seen ratings downgraded or outlook changed by global ratings agency Moody’s Investors Service this year as the Covid-19 pandemic smothered economies across the globe and governments stepped up spending to protect growth and provide relief. On Monday, Moody’s downgraded India’s sovereign rating a notch
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Dr. Anthony Fauci speaking during the U.S. Senate committee on Health, Education, Labor and Pensions hearing on May 12th, 2020. CNBC White House health advisor Dr. Anthony Fauci said he worries about the “durability” of a potential coronavirus vaccine, saying there’s a chance it may not provide long-term immunity. If Covid-19 acts like other coronaviruses,
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Zoom reported revenue growth of 169% from the previous year in its first-quarter earnings report on Tuesday, and nearly doubled its revenue guidance for the full year, as the coronavirus pandemic drove millions of new customers to the video calling service and turned it into a household name. Shares fell 4% in after-hours trading during the
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U.S. cities are grappling with the aftermath of another night of protests sparked by the killing of George Floyd while in police custody in Minneapolis. Peaceful protests against police brutality and systemic racism once again turned destructive overnight, with tensions flaring between law enforcement and demonstrators.  State and local officials are ramping up efforts to
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Wayfair IPO on the floor of the New York Stock Exchange Lucas Jackson | Reuters Check out the companies making headlines in midday trading: Wayfair — Shares of the online retailer jumped 12.9% after Piper Sandler raised its price target on the stock and CNBC’s Jim Cramer said that the company had been “rescued” by consumer changes
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The phones have been ringing at a steady clip in Samuel J. Himmelstein’s office in New York City. Himmelstein, a lawyer who represents tenants and renters in the city, says that while he might typically receive 10 phone calls or emails a day from prospective clients who need legal help, the coronavirus pandemic has increased
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The Maharashtra government will soon start using drones to spray insecticides on swarms of locusts, Agriculture Minister Dada Bhuse said on Tuesday. Locust swarms are currently spotted in Bhetisurla near Sawangi village in Saoner taluka of Nagpur district where about 500 litres of insecticides had been sprayed, the minister told reporters, after attending a review
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Health officials are warning that mass gatherings across the country could further spread the coronavirus, just as much of the economy is beginning to restart. Protests sparked by the police killing of George Floyd, an unarmed black man in Minneapolis, continued for a seventh night with overnight clashes between law enforcement and demonstrators. The World Health Organization,
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NEW DELHI: The government is keeping close tabs on foreign direct investment (FDI) and portfolio flows from neighbouring countries, especially China. At the same time, it is in talks with over 600 global investors for possible investment in the country, commerce and industry minister Piyush Goyal has said. “Many countries are protecting their domestic industry
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Investors have been “doubling down” on sustainability over the last quarter — and sustainable funds have actually outperformed the broader market, according to an analyst at BNP Paribas Asset Management. That’s a departure from historical precedents where people shifted their focus from sustainability to near-term profits in tough times, Gabriel Wilson-Otto, head of stewardship, Asia
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Stock futures fell in overnight trading on Monday as investors grappled with civil unrest around the country as states try to reopen the economy from the coronavirus pandemic.  Futures on the Dow Jones Industrial Average traded 131 points lower, implying a Tuesday opening decline of around 115 points. S&P 500 and Nasdaq 100 also pointed to a negative Tuesday start
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