• What you need to know about US Postal Service's funding crisis, and how it could impact your vote in the November election

    1 month ago - By Business Insider

    Alexi Rosenfeld/Getty Images
    The United States Postal Service is currently suffering a financial crunch exacerbated by the COVID-19 pandemic.
    The decline in Americans using the Postal Service due to the pandemic accelerated the years-long reductions in first-class mail volume , and financial woes which were manufactured in part by Congress.
    Postmaster General Louis DeJoy is implementing cost-cutting measures including reductions in overtime and late trips that are causing service disruptions and delays in mail delivery in parts of the US.
    In order to ensure your vote is counted, be sure to...
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  • New York City's spring coronavirus outbreak was roughly as deadly as the 1918 flu pandemic that killed 50 million people

    New York City's spring coronavirus outbreak was roughly as deadly as the 1918 flu pandemic that killed 50 million people

    1 month ago - By Business Insider

    Lucas Jackson/Reuters
    The coronavirus outbreak in New York City brought nearly as many excess deaths as the peak of the 1918 Spanish flu pandemic .
    During the spring COVID-19 outbreak, deaths from all causes in the city were more than four times higher than the prior year.
    During the Spanish flu, all-cause deaths nearly tripled in New York City.
    That means that even after 102 years of technological and medicinal advances, the coronavirus was not much less deadly than the prior century's most devastating pandemic.
    Visit Business Insider's homepage for more stories .
    The coronavirus outbreak...
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  • Man charged with obtaining $2.1 million in COVID-19 relief funds and using it to buy a yacht and a new Kia

    Man charged with obtaining $2.1 million in COVID-19 relief funds and using it to buy a yacht and a new Kia

    1 month ago - By Business Insider

    Kia
    Kenneth Gaughan of Washington, D.C., is accused of fraudulently obtaining more than $2.1 million in coronavirus relief loan funding.
    Additionally, he is being accused of using the money to buy himself a yacht, a row house, and a Kia Stinger.
    Gaughan is also facing a separate charge of defrauding the Catholic Archdiocese of Washington, D.C., of $472,000 from 2010 to 2018.
    Visit Business Insider's homepage for more stories .
    More than $525 billion in loans have been approved through the US government's Paycheck Protection Program, intended to help businesses survive the COVID-19...
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