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The US decided not to take any chances by keeping COVID-related travel restrictions in place as the raging Delta variant delays a return to normal. |
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US opts to keep international travel restrictions in place Americans looking forward to traveling abroad will have to wait a little longer after the US announced Monday that it is keeping its COVID-19 travel restrictions in place for the time being as the rapidly spreading Delta variant continues to make its way around the world. With new cases on the rise both domestically and internationally, the federal government has decided to keep its current rules in place for travelers at home and abroad. That means no visitors from the UK and some parts of Europe, as well as other popular destinations and points of entry like China, India, South Africa and Brazil. Even the borders with Canada and Mexico will remain closed until Aug. 21. SEE WHEN THE US WILL OPEN FOR INTERNATIONAL TRAVEL
Cryptocurrencies receive a cryptic bounce from Amazon Cryptocurrencies have been on a wild ride in recent sessions due to a variety of factors. The latest bounce came from an unlikely -- and as it turns out, unfounded -- source in Monday's meteoric rise. A report claiming that Amazon was poised to accept crypto for regular purchases (a rumor based on a job posting by the tech giant in search of a cryptocurrency specialist), Bitcoin topped $40,000 before Amazon released a clarification that it has no immediate plans to accept digital currency in the near future, only a curious interest in converting to crypto. Bitcoin and others fell on the news. SEE WHAT AMAZON SAID ABOUT ITS INTEREST IN CRYPTO
New home sales show a slowing housing market boom What goes up must come down, and the laws of gravity appear to be coming into play in the runaway housing market. After a pandemic stampede from the cities to the suburbs set the housing market ablaze for the past year, the trend finally appears to be tapering off. Sales of new homes fell for a third straight month in June, dipping by 6.6% compared to May and nearly 20% from one year ago. Prices dropped from their record-high levels as supply increased, signaling a cooling off of one of the pandemic's hottest economic segments. FIND OUT THE LATEST HOUSING FIGURES AND PROJECTIONS
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Markets
| DJIA | 35,144.31 | 0.24% |
| S&P 500 | 4,422.30 | 0.24% |
| Nasdaq Composite | 14,840.71 | 0.03% |
| Japan: Nikkei 225 | 27,999.20 | 0.60% |
| UK: FTSE 100 | 7,025.43 | -0.03% |
| Crude Oil Futures | 72.13 | 0.31% |
| Gold Futures | 1,795.20 | -0.22% |
| Yen | 110.24 | -0.14% |
| Euro | 1.18 | 0.01% | | * As of market close |
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Biden calls for end to combat ops in Iraq
With the deadline for troop withdrawals from Afghanistan just over one month away, President Joe Biden announced Monday that the US is transitioning from a combat to a humanitarian mission in war-torn Iraq. Eighteen years after the US invaded Iraq under the premise of WMDs in the hands of deposed strongman Saddam Hussein, and seven years after a US-led coalition battled ISIS for control of the region, the US is ready to cut its losses and troop levels to 2,500 non-combat forces that will provide assistance to the private sector and public utilities, but not military power. FIND OUT WHY BIDEN SAYS IT'S PAST TIME TO GET OUT OF IRAQ
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Crocs skyrocketing in pandemic popularity
It seems some businesses were perfectly positioned for the pandemic -- delivery services, mask-makers, streaming services and (wait for it) Crocs. The cozy clogs filled with breathing holes are fashionable once again with so many Americans dressing for comfort rather than success. Two decades after the unsightly footwear was introduced to the beach-casual market, Crocs are celebrating a revival fueled primarily by the pandemic. The company saw sales and profits skyrocket more than 100% over the past year, proving it's not how your feet look but how they feel. SEE WHY CROCS ARE SMELLING LIKE A ROSE IN THE PANDEMIC
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Password123? New system to replace codes
If you are like most Americans, you are running out of ways to create unique passwords for secure access to your computer, phone, accounts and apps. But if one problem-solving upstart has its way, coming up with passwords will be a thing of the past for the next generation of users. Developed in Indonesia by some of the top computer science and engineering students out of California universities, Cotter promises to remove the excess clutter from your brain and your main frame with a passwordless access program that does away with the traditional system. Best of all, you won't have to remember things like your favorite dog's name or your first grade teacher just to complete a few transactions. SEE HOW THE COTTER SYSTEM MAY END PASSWORDS FOREVER
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No business like shoe business
Crocs have a long way to go to catch Nike's Air Force 1s as the top-selling shoe of all-time. But Michael Jordan wasn't the first sports figure to lend his name to shoes. Who was the first celebrity to endorse a shoe? Monday's answer: The horse that carried Paul Revere on his famous ride to warn colonists that the British were coming was named Brown Beauty. Coincidentally, the steed didn't belong to Revere but rather was a loaner. SEND YOUR ANSWER HERE TO SHOW OFF YOUR KNOWLEDGE
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