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Beware: Your coronavirus unemployment benefits will be taxed. How to avoid a huge hit

More than 22 million Americans who have lost jobs due to the coronavirus pandemic are currently collecting unemployment benefits. Most are unaware this is considered taxable income. Here are three ways to avoid a huge tax bill in 2021.




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These 8 fast-growing jobs will be in demand after Covid-19—and can pay up to $136,000 per year

Experts expect these jobs will be in-demand and pay well in a post-coronavirus pandemic economy. From nurses to developers, here are eight to look for as the country recovers from the pandemic.




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Facebook's Sheryl Sandberg: Preventing burnout 'needs to be a priority'

A new survey suggests that women are experiencing physical symptoms of severe anxiety and burnout at up to twice the rate of men amid the Covid-19 pandemic. Here's what Sheryl Sandberg, COO of Facebook and Rachel Thomas, co-founder and CEO of LeanIn.Org, suggest companies do to provide support.




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What Gabrielle Union is eating during the pandemic: 'I just eat whatever brings me joy'

From cinnamon rolls to pies made with real butter, Gabrielle Union gave Katie Couric the rundown on what comfort foods she has turned to during the Covid-19 pandemic.




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How unemployment benefits are calculated under the coronavirus stimulus bill

More than 33 million Americans have applied for unemployment insurance over the last seven weeks. Here's a look at how their benefits will be calculated.




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Fashion designer Rebecca Minkoff has advice for small businesses struggling through the 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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Kids can't be an 'afterthought': Some states are reopening without lifting child-care restrictions

As states start to rescind their coronavirus-related stay-at-home orders, some are not lifting child care restrictions just yet, leaving many parents worried about how they'll be able to return to work.




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Here's how unemployment benefits are calculated on a $40,000 salary

Over 30 million Americans lost their jobs in March and April of 2020. And with the economy on hold, securing another steady paycheck may take some time. That's where unemployment insurance benefits can help. The amount of money you get will largely be influenced by your home state. Check with your local labor board for exact details. Watch this video to see a case study of how unemployment benefits are calculated on a $40,000 salary.




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Melinda Gates on US response to pandemic caregiving crisis: 'I'm disappointed in what I've been seeing'

Billionaire philanthropist Melinda Gates shares her thoughts about the U.S. response to coronavirus and why solving the current caregiving crisis is crucial.




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Elon Musk: I am not the 'biggest fan' of Warren Buffett – but his job is 'important'

"Warren Buffett for example ... to be totally frank, I'm not his biggest fan, but he does a lot of capital allocation," Tesla CEO Elon Musk said on "The Joe Rogan Experience" podcast. "I mean, that's kind of a boring job if you ask me, but it's still a thing that's important to figure out."




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'Like a kid whose parents are withholding critical information': How workers feel about virtual layoffs

Companies large and small are handling layoffs over minutes-long, scripted video calls, but workers say there's a better way to handle them.




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6 books and podcasts that will help married couples get their finances in order

Combining your finances with your partner as a married couple can be tricky. To help things go smoothly, check out these money podcasts and personal finances books that are specifically geared toward couples.




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Alphabet abandons plan to build smart city in Toronto

The project has been the focus of the Sidewalk Labs for the last few years, and would've been a demonstration of its vision to build "smart cities" around the world.




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Senators ask Jeff Bezos for answers on fired coronavirus whistleblowers

Amazon has fired at least four workers in recent months who were outspoken critics of its labor policies.




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Zoom strikes a deal with NY AG office, closing the inquiry into its security problems

The agreement comes one day after the NYC Department of Education lifted its ban on Zoom after approving new safety features.




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Dropbox rises after company posts first quarterly profit

It's the first time Dropbox's bottom line is in the black since the company went public two years ago.




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Roku reports strong user growth, but sour ad business outlook

Streaming services have reported huge spikes in subscribers during the crisis as stay-at-home orders have forced more people to stay inside.




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When will hospitals and doctors' offices be open for normal business again? Here's what health experts think

Hospitals are looking for ways to re-open their doors to patients in a way that limits their risk of exposure.




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Facebook will allow most employees to work from home through end of 2020

Facebook CEO Mark Zuckerberg will announce Thursday that most of the company's employees will be given the choice to continue to work from home through the end of 2020, a company spokeswoman told CNBC.




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Uber shares shoot up after CEO says ride volume is increasing again after April bottom

Uber reported first-quarter earnings on Thursday, and while the company lost $2.9 billion during the quarter, the stock rose after hours on optimistic comments from CEO Dara Khosrowshahi.




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Facebook, YouTube and other platforms are struggling to remove new pandemic conspiracy video

Platforms including Facebook, Alphabet's YouTube, IAC's Vimeo and Twitter are struggling to stay ahead of the spread of the "Plandemic" conspiracy video, which contains claims that defy the advice of medical experts.




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Uber CEO says drivers should get health-care benefits based on how much they work, and Uber would pay for it

The suggestion comes as Uber faces mounting pressure to provide health-care and other protections for its workers during the pandemic.




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Apple is reportedly starting to build some of its AirPods in Vietnam

About 30% of the company's classic AirPods will be produced in Vietnam rather than China, the Nikkei Asian Review reported.




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The US wind industry installed over 1,800 megawatts in first quarter, but the coronavirus remains a risk

The renewable energy sector is being affected by the coronavirus in a number of ways.




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Stocks making the biggest moves midday: Tesla, Facebook, Dunkin' Brands, Boeing, Moderna & more

Check out the companies making headlines in midday trading.




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Feeding strawberries to cows: Farmers forced to throw fruit and flowers as coronavirus disrupts supplies

Farmers around the world are letting their crops rot in the fields as the coronavirus outbreak disrupts supply and demand for flowers, fruit and milk.




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In Milan, tall buildings covered in trees offer a glimpse of what urban living could look like in the future

Milan is home to the Bosco Verticale, or Vertical Forest, a striking development of residential buildings.




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In Sweden, hydrogen has been used to heat steel in a bid to boost sustainability

Hydrogen was used instead of liquefied petroleum gas.




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A massive renewable energy scheme in Australia has been recommended for environmental approval

Several big firms, including Danish wind turbine manufacturer Vestas, are involved in the project.




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Saudi Arabia hit with Moody's downgrade, prepares for 'painful' measures — but can likely weather the storm

"We must reduce budget expenditures sharply," the Saudi finance minister said over the weekend. "Saudi finances need more discipline and the road ahead is long."




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Bioplastics developer raises $133 million in new funding in quest to replace single-use plastics

RWDC Industries, which makes a sustainable material solution that can be used as a substitute for plastic, raised $133 million in Series B funding.




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Oil jumps on China export bounce but long-term outlook remains weak

Oil prices jumped on Thursday on news that China's exports unexpectedly rose last month, and on the back of U.S. output cuts and the slow return of some activity in Europe.




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Markets are getting too excited about the oil price rally too soon, analysts warn

Lack of storage space for crude globally remains a massive problem, and will keep a ceiling on oil prices for the near future.




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NHL Commissioner Gary Bettman: No COVID-19 in NHL reported yet

The commissioner says he would like to call this time a "pause" for the league instead of a suspension.




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Boston Marathon delayed until September due to coronavirus

The Boston Marathon has been postponed until September because of the coronavirus, according to an official statement from the Boston Athletic Association.




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NFL prohibits in-person interviews with players before draft due to coronavirus

Teams will be allowed to interview eligible draft candidates over the phone for no more than an hour.




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Sports teams can hang onto sky-high valuations by taking care of employees now during coronavirus outbreak

As coronavirus suspends sporting events, experts say team owners will need to show leadership and financially assist workforces to preserve valuations.




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NBA and NHL say players can still travel after seasons suspended due to coronavirus

The NHL joined the NBA in allowing its players to travel outside of club cities as the coronavirus continues to halt the sports injdusty.




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Coronavirus could be the tipping point for movie theaters, gyms and other industries already suffering from disruption

Movie theaters, fitness centers, commercial real estate and pay TV could be among the industries that are vulnerable in prolonged quarantines.




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Tom Brady announces he will leave the New England Patriots

The superstar quarterback did not say where he will go next.




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MLB to offer compensation to minor league players affected by coronavirus work stoppage

Major League Baseball said it will offer financial assistance to minor league players affected by the work stoppage due to the coronavirus pandemic.




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Doctors and patients wonder if the NBA is getting special treatment with coronavirus tests

Sick patients are being turned away, unable to receive tests because they simply aren't available. In a stark contrast, the NBA said that as of Wednesday, at least eight teams had been tested for the COVID-19 coronavirus.




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Tom Brady and the Bucs: Pundits expect clashes in playing style and a test of team culture

The Tom Brady to Tampa Bay Buccaneers deal has yet to be compete, but some NFL pundits see both pros and cons to the partnership.




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Ad giant WPP pulls dividend, CEO 'very cautious' about the impact of virus on marketing budgets

The world's largest advertising group pulled its dividend and share buyback and withdrew guidance for 2020 on Tuesday, after clients cancelled marketing booked with the company due to the coronavirus crisis.




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Media networks have paid billions for sports they won't receive this year — but the fighting for refunds hasn't started yet

Media networks have paid billions for live sports that they aren't going to broadcast this year. But nobody's pressing the issue yet, as the cable industry is focused on survival.




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AT&T president says consumer behavior will be fundamentally changed from coronavirus

"We're going to return to a different economic environment. We're going to return to different business models," AT&T President and COO John Stankey told CNBC.




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With Hollywood on hiatus, studios are bracing for fights with insurers over coronavirus losses

Allianz, which is one of the main insurers for entertainment companies, estimates that Hollywood studios paid $400 million in premiums last year to cover "unforeseeable events." Now the bill is coming due.




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LinkedIn offers to connect job-seekers with essential businesses for free

In the wake of COVID-19 shutting down broad swaths of the economy, LinkedIn is ditching the core engine of its business model to help people connect with jobs at no cost.




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Instagram announces new features for small businesses including gift cards, food orders and fundraisers

Starting Wednesday in the U.S. and Canada, Instagram users can tap on a gift card or food order to make a purchase through a company's site. Fundraisers created by a business or its supporter open on Facebook.




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NBCUniversal's Peacock has a buffer against ad slowdown with launch partners — here's why they signed up

Peacock is soft-launching as streaming hours are up, but advertisers are pulling and decreasing spend.