The more than 11 million undocumented immigrants in the United States are being hit especially hard by the coronavirus pandemic as that population deals with the fears of being deported and economic hardship as a result of the outbreak.
According to a recent survey by the Coalition for Human Immigrant Rights in California, undocumented immigrants and their relatives are more worried about the economic toll of the coronavirus than actually becoming infected. Among those surveyed, 95 percent were worried about paying bills while 89 percent of the population was more concerned about losing work.
Andrea Flores, the deputy director of policy for the Equality Division of the American Civil Liberties Union, said the virus is weighing on the immigrant population.
"This is preventing immigrant families from being able to support themselves and to take care of their families in terms of accessing care and buying groceries," said Flores. "They won't have access to the same safety net benefits that Congress may be putting forth for citizens."
While President Trump has said undocumented immigrants should be able to get tested without the threat of being arrested or deported, many immigrants are still living in fear of ICE. Currently, the ACLU's position is that ICE enforcement that could deter people from seeking care should be suspended . The ACLU agrees that the last thing ICE should be doing during a 'stay at home' order is making immigrants feel scared to access healthcare or be afraid to go to the grocery store.
"Immigration status doesn't matter at a time like this," said Flores. "This public health crisis impacts everybody and it's important for your neighbors to be tested."
Matt Schulz, Chief Credit Analyst at LendingTree, joins Cheddar to break down the different types of credit card rewards that are out there, which states utilize rewards more than others, and how to get the most out of your credit card rewards.
While people have been spending more time on their phones throughout the pandemic, a new report shows they were also spending more money as well. A review from Sensor Tower on the global app ecosystem this year found that the app economy will see record consumer spending in 2021, up nearly 20% from 2020. Sensor Tower director of sales and financial institutions Anthony Bartolacci joins Cheddar News' Closing Bell to break down the report.
The future of gambling in Florida recently suffered a major setback after a federal appeals court rejected a request from the state and the Seminole Tribe to allow online sports betting in the state. Now, the tribe has been forced to stop taking bets on its Hard Rock sportsbook app. ESPN gaming writer David Purdum joins Cheddar News' Closing Bell to discuss what this could mean for the future of sports betting in Florida.
Web3 software startup Thirdweb has raised $5 million in a funding round, coming from a group of high-profile investors, including Gary Vaynerchuk and Mark Cuban. Thirdweb says it is paving the way for the revolution surrounding the new iteration of the internet known as web3, by offering users free tools to build their own web3 projects. Thirdweb's co-founders Steven Bartlett and Furqan Rydhan join Cheddar News' Closing Bell to discuss.
Decentralized talent network Braintrust recently closed an atypical equity deal that involved investors buying $100 million in Braintrust tokens, the company's cryptocurrency. Braintrust's talent network is built on blockchain technology, which the company says allows it to be owned and built by users, instead of a centrally-controlled corporation. Braintrust users can also earn tokens for their contributions to the network and its growth. Braintrust co-founder Adam Jackson joins Cheddar News' Closing Bell to discuss.
Time magazine has unveiled SpaceX and Tesla CEO Elon Musk as Person of the Year for 2021. Jeffrey Kluger, editor at large for Time, told Cheddar that Musk's impact on so many facets of forward-looking industries like crypto, solar power, electric vehicles, and especially his work on space travel were the reasons behind the selection. "On balance, Musk is performing on so many levels and in so many venues that it was hard not to consider him our Person of the Year," he said. Kluger also noted that the choice is based upon the influence the subject has had, whether good or bad and is not a judgment on its own.
The recent verdicts of the Kyle Rittenhouse and Ahmaud Arbery murder trials have put a spotlight on the country's justice system. Experts have pointed to the explicit racial undertones in the high-profile trials, as well as the increased levels of stress that may be felt by communities of color because of the prevalence of these trials. Kailee Scales, CEO of Pencils of Promise and former first managing director of Black Lives Matter Global Network Foundation, joins Cheddar News to discuss.
Gold Medal ski racer Bode Miller and John Emery, CEO of Alpine-X, discuss the need to make snowsports more affordable and how the new facility in Virginia aims to diversify the sport to urban areas.
