(CNN) New York City diners may soon see a Covid-19 surcharge on their bills as the restaurant industry continues to hobble due to the coronavirus pandemic. The New York City Council passed a bill on Wednesday 46-2 that would allow restaurants to charge as much as 10% on customers dining indoors or outdoors to help cover Covid-19 expenses. Labeled the "COVID-19 Recovery Charge," the surcharge does not add to the bill's overall tax, nor applies to delivery or takeout orders.
Donald Trump has promised to put forth a female nominee to fill the SupremeCourt seat left vacant by the death of Justice Ruth Bader Ginsburg. Taking thestage at a North Carolina rally to chants of “Fill that seat”, the presidentsaid he would nominate his selection despite Democrats' objections.
Credit: PA - Press Association STUDIO Duration: 01:09Published
The death of Supreme Court Justice and liberal icon Ruth Bader Ginsburg on Friday has gotten President Donald Trump's Rolodex spinning. According to CNN, Trump has updated a roster of more than 20 potential Supreme Court nominees in recent weeks. It will be Trump's third opportunity to appoint a justice to the bench, a move that is sure to thrill Republicans and infuriate Democrats. Trump added several new names to his list earlier this month, including Republican Sen. Tom Cotton of Arkansas.
The Federal Reserve is targeting above 2% inflation. Scott Minerd, Guggenheim global CIO told Bloomberg on Wednesday it is "virtually impossible" for the Fed to achieve that without creating a bubble in asset prices. "The reality is that the inefficiencies that are building up in the system." Minerd said misinformation and mistaken investments will pose a challenge to investors.
Chris Coffey, head of the New York practice for Tusk Ventures, and CBSN New York’s urban affairs expert Mark Peters joined political reporter Marcia Kramer to discuss Michael Bloomberg's presidential..