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Support small businesses with gift cards – but know the risks

Purchasing gift cards are a way to support struggling small businesses. But if they don't make it out of the pandemic, you will be out of pocket.




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Your financial advisor may not actually be an 'advisor'

An SEC rule is requiring many brokers, often referred to as financial or wealth advisors, to stop marketing themselves as "advisors" next month.




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This tax break is up in the air for employers who furloughed workers

Employers who furlough their employees but cover the cost of health insurance may not be able to claim the employee retention tax credit. Lawmakers are now asking Treasury to change course.




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Overeating, boredom, self-medication: How grocery bills skyrocket even as food becomes scarcer

Eating more healthy food? More junk food? Nearly everyone's eating and shopping habits are feeling the fallout of the pandemic — and boredom and anxiety are driving plenty of change.




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Demand for refunds intensifies among college students

As students argue that remote learning doesn't have same value as an in-person education, a growing number of undergraduates are taking their cases to court.




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'Concerned and confused' about the future, young adults try to navigate through the coronavirus crisis

From a drop in income to the inability to pay bills, young adults are facing obstacles they weren't necessarily expecting.




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Here are options for easing Medicare costs if your income has dropped

More than a third of Medicare beneficiaries say their income has dropped due to the coronavirus crisis, a recent survey shows. Here are ways that those affected may be able to reduce their health care costs.




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If there's coronavirus relief money, scammers will try and steal it

Business owners, the unemployed and recipients of stimulus checks are among the targets of financial thieves trying to access trillions of dollars in federal coronavirus relief.




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Stimulus checks have been sent to dead people. Now the IRS has released instructions for how to return the money

The U.S. government is sending millions of $1,200 checks out to Americans, some of whom have passed away. Now, the IRS has released instructions for how families of the deceased can return that money.




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Stay on evictions in New York will continue through August, Gov. Cuomo says

New York Gov. Andrew Cuomo extended the moratorium on evictions through August. The state has been the epicenter of the coronavirus pandemic.




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Why unemployment benefits for the self-employed may be less than expected

Self-employed workers applying for unemployment benefits may get less than they think because of how they report income.




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Working parents find it's nearly impossible to make plans with dwindling child-care options

Even before the pandemic, affordable child care was a struggle for most. Now parents are squeezed by a near-complete lack of help, with daycare centers, schools and probably summer camps closed.




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Designer Rebecca Minkoff's advice for small businesses trying to survive the coronavirus pandemic

As co-founder and creative director of her own fashion line, Rebecca Minkoff understands the current struggles small-business owners are now facing — especially women. Here's her advice on how to survive.




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IRS sets May 13 deadline to submit direct deposit information for stimulus checks

If you want to get your $1,200 stimulus check more quickly, you need to make sure the government has your bank account information on file. But time is running out. You now have until noon on May 13 to enter that data.
















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Cornerstone Macro's Carter Worth says financials fall may continue

Cornerstone Macro's Carter Worth takes a look at the financial sector. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Guy Adami, Brian Kelly and Steve Grasso.




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Mounting wall of worry for markets

Markets eke out gains by the end of the day. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Dan Nathan and Karen Finerman.




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Hertz hires firm for bankruptcy preparation: Report

CNBC's Phil LeBeau on a report that Hertz has hired a firm to assist with bankruptcy preparations. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Dan Nathan and Karen Finerman.




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Disney foregoing dividend payment for first half of year

Making sense of Disney's earnings, with CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Steve Grasso and Karen Finerman.




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Disney hit by 'shocking reversal of fortune' The New York Times' Jim Stewart warns

James Stewart, The New York Times columnist, on whether Disney can make up for its parks shutdown. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Steve Grasso and Karen Finerman.




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Former trade official: Rising US-China tensions 'start of a new cold war'

Clete Willems, Former NEC deputy director, says China and the U.S. are engaged in the start of a new cold war. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Steve Grasso and Karen Finerman.




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Cornerstone Macro's Carter Worth breaks down where tech's headed next

Carter Worth, Cornerstone Macro's chief market technician, on where tech goes from here. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Pete Najarian and Steve Grasso.




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Trader says 'no guidance, no problem' for this medical device company—Here's why

Is Abbott Labs a buy? With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Pete Najarian and Steve Grasso.




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Back to the future for the market

The S&P is back to last year's levels. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan.




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As markets rally, technician says the charts suggest more gains ahead

Strategas' Chris Verrone on where the markets are headed from here. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan.




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Uber drops after earnings, Gene Munster digs into report

CNBC's Deirdre Bosa on Uber earnings. And Loup Ventures' Gene Munster on Uber's report. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan.




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Paul Tudor Jones calls bitcoin 'fastest horse' in this environment

FM trader Brian Kelly on legendary investor Paul Tudor Jones buying bitcoin. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Dan Nathan.




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San Francisco targets May 18 for some businesses to resume

CNBC's Dominic Chu reports that San Francisco is targeting May 18 to reopen some businesses.




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Historic job losses, and stocks rally

Stocks were up today despite a record drop in payrolls. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Brian Kelly and Jeff Mills.




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What isn't the jobs report telling us?

CNBC's Steve Liesman on what's missing from the jobs report. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Brian Kelly and Jeff Mills.




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Brawl erupts between Hong Kong politicians in fight for chair - video

The legislative council descended into chaos for more than an hour on Friday as opposing lawmakers threw placards and scrambling over each other to take control of a house committee. Politicians rushed to take the seat left empty after the house was unable to elect a new chairperson. The incumbent, Starry Lee, reached the seat first as pro-Beijing and pro-democracy members crowded in

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‘We are living in a catastrophe’: Peru's jungle capital choking for breath as Covid-19 hits

Iquitos, still reeling from a dengue fever outbreak and plagued by poverty, relies on air deliveries for medicine, equipment and oxygen

In the final hours before Covid-19 claimed her life, Cecilio Sangama watched helplessly as his eldest sister Edith gasped for breath.

Hospitals across Peru’s largest Amazon city had run out of oxygen, and the shortage had pushed the black market price of a cylinder well above $1,000 (£810).

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Trouble brewing for tea producers as coronavirus lockdown hits harvests

India’s ‘champagne of teas’ among those affected as country’s tea board estimates output could drop 9%, amid strain in China and Sri Lanka

Trouble is brewing for the world’s tea producers as the coronavirus lockdown shut down the harvest in several important regions, including the picking of India’s “champagne of teas”.

Despite forecasts of increased demand from drinkers stuck at home across the world, producers have become frustrated by the enforced quarantining of their workforce, with India’s output expected to drop by 9% in 2020.

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Coronavirus news Australia: evacuation flights for stranded citizens in India as some states ease Covid-19 restrictions – as it happened

The Australian government has arranged four additional Qantas flights to Delhi, Mumbai and Chennai in the coming fortnight. This blog has now closed

To recap, this afternoon there were 6,929 Covid-19 cases in Australia, with the death toll at 97.

There had been 16 new cases in the last 24 hours, four of which were related to the Cedar Meats cluster in Victoria.

Related: Coronavirus Australia latest: at a glance

There are just two people in South Australia considered to be active cases of Covid-19.

No further cases were recorded when the state health department released updated statistics on Saturday, with South Australia’s total tally remaining at 439.

We want people to get out and explore our fabulous regions. It is safe for regional travel in South Australia.

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Donald Trump says coronavirus will 'go away without a vaccine' - video

Donald Trump has asserted with no evidence that the coronavirus pandemic will ‘go away without a vaccine’. Without mentioning specifics, he pointed to other viruses and flus that ‘disappeared’ before vaccines were created. ‘They’ve never shown up again. They die, too. Like everything else, they die,’ Trump said. ‘It’s going to go away. And we’re not going to see it again, hopefully, after a period of time.’

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From rubbish to rice: the cafe that gives food in exchange for plastic

The Garbage Cafe in Ambikapur, India, is helping to tackle the country’s plastic waste problem – and their novel idea is catching on

On bad days, when his employer made some excuse for not paying him his paltry daily wage, Ram Yadav’s main meal used to be dry chapatis, with salt and raw onion for flavour. Sometimes he just went hungry. For a ragpicker like him, one of the thousands of Indians who make a living bringing in plastic waste for recycling, eating in a cafe or restaurant was the stuff of fairytales.

But last week, Yadav was sitting at a table at the Garbage Cafe in Ambikapur, in the state of Chhattisgarh, over a piping hot meal of dal, aloo gobi, poppadoms and rice. He earned the food in exchange for bringing in 1kg of plastic waste. “The hot meal I get here lasts me all day. And it feels good to sit at a table like everyone else,” he said.

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'Bring our people home': the bold new plan for an Indigenous-led district in Canada

The Senakw development aims to ease the city’s chronic housing crisis – and to challenge the mindset that indigeneity and urbanity are incompatible

The scrubby, vacant patch beneath the Burrard Street Bridge in Vancouver looks at first glance like a typical example of the type of derelict nook common to all cities: 11.7 acres of former railway lands, over which tens of thousands of people drive every day.

This is not any old swath of underused space, however. It’s one of Canada’s smallest First Nations reserves, where dozens of Squamish families once lived. The village was destroyed by provincial authorities more than a century ago.

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Two-week quarantine for travellers to UK would 'devastate' aviation industry

Stringent measures to be announced with visitors and returning Britons to be asked to self-isolate

A 14-day quarantine period for all travellers coming to Britain would have a devastating impact on the UK aviation industry and wider economy, a trade body has said.

The government is expected to announce the quarantine on Sunday as part of measures to prevent a second peak of the coronavirus pandemic.

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As eurozone records 3.8% slump ECB chief warns of worse to come

Christine Lagarde says there could be a 15% collapse after record first quarter output fall

The head of the European Central Bank has warned that the eurozone could be on course for a 15% collapse in output in the second quarter as evidence of the economic toll caused by Covid-19 pandemic started to emerge, with France and Italy falling into recession.

After news that the 19-nation monetary union area had contracted a record 3.8% in the first three months of 2020, Christine Lagarde said much worse was possible in the April to June period, when the impact of lockdown restrictions would be most severe.

Related: Eurozone shrinking as Covid-19 lockdowns push Italy and France into recession - business live

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