Experts fear feds aren’t ready to get vaccines to nursing homes

The speedy development of COVID-19 vaccines by Pfizer, Moderna and other drugmakers is raising hopes of stopping the pandemic, which has killed more than 250,000 people in the U.S. so far this year. But as the coronavirus continues to spread, some experts worry that the plan to inoculate some of the most vulnerable Americans — those living in nursing homes and other eldercare facilities — is inadequate.

a man and a woman looking at the camera: cbsn-fusion-phase-2-results-of-oxford-astrazeneca-vaccine-trial-show-promising-results-thumbnail-591085-640x360.jpg

© Credit: CBSNews

“The way the government has approached the vaccination distribution for nursing homes has been keeping me up at night,” said Michael Wasserman, a geriatric care specialist and president of the California Association of Long Term Care Medicine.


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Back in March, Wasserman told CBS News that nursing homes risked becoming COVID-19 “killing fields.” Eight months later, he remains deeply concerned, with the coronavirus now engulfing much of the U.S. and official new case counts approaching 200,000 a

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Trying to buy a home in San Diego? Experts say to do these things first

Buying a home in San Diego is not for the faint of heart.

County home prices have increased 10.2 percent since the pandemic began. That makes the process of purchasing a house stressful for even the most hardcore money savers. While interest rates are at historic lows — an average 2.89 percent in September — it is hard to find many scenarios where it is cheaper to buy than it was a year ago.

A drop in available homes for sale, also cited as the biggest reason for increased prices, has meant bidding wars that drive up the price, pushing many home buying candidates out of the market.

The San Diego Union-Tribune spoke with local experts and Zillow about steps buyers can take to get an edge.

Get pre-approved for a mortgage

Having financing in order before the price war begins is key because it helps potential buyers act quickly

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This Is the Best Deal from Target’s Black Friday Now Sale, Experts Say

While braving crowds to get your hands on the latest Black Friday deals may seem like an unappealing prospect amid the coronavirus pandemic, one store is offering a genius new way for shoppers to score major savings without risking their health and safety. This year, Target is running the Black Friday Now sale, which offers the same great prices shoppers would usually get on Black Friday—but in this case, they’ll last an entire month and can be shopped from the comfort of your home. And while you’re shopping the Bullseye, score these 20 Amazing Home Decor Items You Won’t Believe Are from Target.

The sale—which rolls out new discounted items throughout the month of November—has so many great buys that it can be difficult to determine which deals are actually worth spending your hard-earned cash on. However, Sara Skirboll, RetailMeNot’s shopping and trends expert, says there’s a clear standout

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Is New York City’s Real Estate Market Really Tanking? I Asked Three Experts For The Brutal Truth

It was mid-April when it all began to sink in, instead of just being something real estate brokers, developers, and investors theorized about.

Within a week of America locking down as COVID-19 began sweeping the nation, tens of thousands of New Yorkers fled all five city boroughs in the fastest out-migration since September 11th. Many literally packed their bags and bolted overnight.

COVID’s NYC exodus continued through Memorial Day as infections, hospitalizations, and deaths surged, merging into a kind of super-migration with the typical, annual wave of New Yorkers who flee the city for summer anyways. In their wake, one of the world’s most vibrant metropolises eventually looked almost Apocalyptic: empty streets and parks, and vacant restaurants, bars, museums, and businesses block after block.

For more than two decades, developers, investors, and brokers—as well as millions of home and business owners—had always assumed that New York City’s real

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Why 3 financial experts said I should buy a rental property

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.

  • I started investing in the stock market for the first time in 2020.
  • Now that I’m more comfortable, I wanted to know where else I could put my money for better returns with less risk.
  • I asked three financial experts, and they all recommended buying a rental property.
  • They cited the passive income, control over the asset, and tax and retirement advantages of owning a rental property as good reasons to buy one.
  • Start investing today with SoFi »

Over the last few months, I’ve grown curious about the best use of money I’ve budgeted for investments. I’ve slowly, over the past year, put small amounts of money into the

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Are We Headed for Another Foreclosure Crisis? 9 Housing Experts Share Their Predictions

Although the housing market is booming, high unemployment means millions of Americans are struggling to make mortgage payments. More than 2.3 million homeowners remain 90 or more days past due on their mortgages, but not in foreclosure, according to Black Knight, a mortgage analytics company.


© Rangely Garcia / Money

Foreclosure and eviction protections under the CARES Act have provided some relief for homeowners with distressed finances. But once forbearance protections run out, the biggest fear is there will be a repeat of the 2008 financial crisis.

Here are nine predictions from housing industry experts on the likelihood of a foreclosure crisis. (The text has been lightly edited.)


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Christie Peale

Who she is: CEO of the Center for NYC Neighborhoods

What she expects: We expect a significant increase in foreclosures unless federal and state governments implement serious measures to assist homeowners.

Her reasoning: In March 2021, government-mandated

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