Month: August 2021

Jianbi Chen | iStock | Getty Images Now that struggling renters are no longer protected by a national ban on evictions, it has become even more pressing for those households to get approved for federal rental assistance. Congress has allocated more than $45 billion in rental assistance to address the crisis hitting tenants and their
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The China-based bitcoin ASIC mining machine manufacturer Canaan has announced the company has forged a partnership with Genesis Digital Assets, and the two firms have now signed a deal for a large purchase order. Genesis will buy 20,000 bitcoin miners from Canaan and the mining operation also has the option to purchase an additional 180,000
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The US dramatically scaled back its evacuation mission in Afghanistan on Monday with the number of civilians being airlifted out of Kabul falling sharply as its forces scramble to withdraw ahead of Tuesday’s deadline to end the 20-year war. Pentagon spokesperson John Kirby said military commanders were sharing some drawdown logistics with Taliban commanders to
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Puerto Rico Gov. Pedro Pierluisi is expanding the Earned Income Tax Credit program for the island, which along with another expansion of a federal program, will likely aid the island’s economy, experts said. The federal government will provide $612 million a year for 10 years for the expanded credit, if the local government continues to
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Rockets were fired at Kabul’s international airport on Monday as US troops rushed to complete evacuations a day ahead of the deadline for the withdrawal of its troops from Afghanistan. Jen Psaki, White House spokesperson, confirmed that the airport had come under rocket attack but said that “operations continue uninterrupted”. There was no report of
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Unfunded retiree health-care benefits are the most material long-term liability for about one in 10 states and local governments, Moody’s Investors Service says. Retirement liabilities other than pensions — other-post employment liabilities, or OPEB — were roughly $1.1 trillion for the 50 states and more than 7,000 cities, counties and K-12 school districts that Moody’s
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