Q) We are also heading towards the Independence Day as well. Sticking to the theme, how can investors attain financial freedom especially at the time when there is a lot of uncertainty, and equity markets have rallied without any meaningful change in fundamentals? … [Read more...] about DAILY VOICE: Four reasons why IT stocks are hitting 52-week highs
To be sure, many low-wage workers, gig workers included, have a social safety net that predates pandemic interventions. The average hourly compensation of an Uber driver is only $11.77 after deducting Uber fees and vehicle expenses. Unlike most traditional jobs, gig work lacks benefits beyond wage compensation, such as health insurance. That means that among NYC drivers, the majority of whom work full-time, 40% qualify for Medicaid, 16% have no health insurance, and 18% qualify for federal supplemental nutrition assistance—nearly twice the rate for New York City workers overall. The pandemic has also given rise to a surge in applications for the Supplemental Nutrition Assistance Program (SNAP). Yet government interventions available through the CARES Act may impact workers’ access to preexisting social safety nets: For example, Pennsylvania asserts that the $600 weekly FPUC can impact eligibility for SNAP, but not Medicaid or the Children’s Health Insurance Program. … [Read more...] about Gig work used to be a recession-proof safety net. Not anymore
Harnessing copper in masks Right now, the gold standard for protecting people from the virus is the disposable medical-grade N95 respirator, which traps particles through layers of filters and electrostatic charge. This enables N95 respirators to filter out 95% of non-oil particles as small as 0.3 microns in diameter. Although the coronavirus is smaller, between 0.05 and 0.2 microns in diameter, wearing masks with smaller pores is problematic because they make breathing more difficult. The N95 masks instead thwart the virus’s path with multiple layers, while static electricity draws SARS-CoV-2 to the fabric. However, they’re made for one-time use, since liquids and humidity (including aerosolized droplets, sneezing, and exhaling) dampen those charges and render the masks less effective the more they’re worn. … [Read more...] about The future of face masks: Copper, graphene, and self-sanitizing fabric
“Since the last couple of days, we have been advocating some caution because the Nifty has approached a strong resistance zone of 11,300-11,350 and although there is no sign of weakness yet, it will not be easy for the index to overcome this sturdy wall,” Chavan said. … [Read more...] about After The Bell: Tug of war between bulls & bears, what should investors do on Tuesday?
However, the clarification came in response to the SC's July 31 order, while hearing the issue following an application filed by the United Resident Doctors Association (URDA). The doctors' body had alleged that the mandatory quarantine period for doctors was being treated as casual leave by several states, with many even being forced to apply for leave without pay in case they did not have enough casual leaves.In the July 31 hearing, the court had also directed the Centre to issue necessary directions for timely release of salaries of doctors and frontline healthcare workers engaged in COVID-19 duty. It was then that the bench of Justices Ashok Bhushan, R Subhash Reddy, and M R Shah asked the government to also clarify on the issue of treating compulsory quarantine period of healthcare workers as leave and deduction of their salaries for the same period. … [Read more...] about Centre says doctors’, HCWs’ quarantine period to be treated as ‘on duty’ not ‘leave’: Report