A worker for United Parcel Service Inc. (UPS) makes deliveries on a street with closed stores in the Borough Park neighborhood in the Brooklyn, New York, April 7, 2020. Stephanie Keith | Bloomberg via Getty Images Of small and medium-sized businesses that have been forced to shut down during the coronavirus pandemic, more than half
Month: May 2020
The stock market is inevitably volatile. Its nature is to rise and fall in the short term and level out in the long term. However, following the ups and downs of an unstable market is especially stressful during a pandemic that has impacted the global economy so heavily. Watching your investments fluctuate rapidly can be
Getty The Internal Revenue Service (IRS) has already delivered more than 140 million Economic Impact Payments (EIPs, or stimulus checks) worth $239 billion by direct deposit to accounts at financial institutions, Direct Express card accounts, and by check. Beginning this week, some Americans will receive nearly 4 million EIPs by prepaid debit card, instead of
Photo: Getty Don’t believe all you see in the news: New York City is not disappearing. It has certainly been hard hit. The Big Apple has become the epicenter of the coronavirus pandemic. The death toll is high, the anxiety is deep and the images are brutal. But New York is tough. It has seen
World leaders are meeting virtually Monday at the World Health Organization’s 73rd World Health Assembly to discuss and set priorities for the next year. At the assembly, Chinese President Xi Jinping announced $2 billion in funds to support other countries’ response to the pandemic. South Korean President Moon Jae-in called for greater authority to be vested
It may be premature to turn bullish. Despite Monday’s massive rally, Canaccord Genuity’s Tony Dwyer finds stocks haven’t broken out of the ‘”frustration” stage of the recovery. He breaks down the post-market crash environment into three phases: Panic, relief and frustration. “Once you crash, you go into a panic phase,” the firm’s chief market strategist
Even though he doesn’t win them all, billionaire investor Mark Cuban has an eye for vegan companies on ABC’s “Shark Tank.” But when Cuban invested in a vegan, non-GMO soap and body care company during Friday’s episode, his fellow Sharks thought he was crazy to do so. Three best friends – Anthony Duncan, with brothers Mohammed A. and
Don Bayley | Vetta | Getty Images Retirees who feel their Social Security benefits aren’t stretching as far as they used to aren’t imagining it. Retiree costs are going up at a rapid clip, and Social Security cost-of-living adjustments are not keeping up with those growing expenses, according to a recent report from The Senior
As cities and states begin to reopen for business, franchisees are laying out their plans for operating in a new socially distanced world, where coronavirus remains a risk. Beyond worrying about the safety of workers and guests, there are potential liability concerns and the biggest question of all: will consumers feel safe enough to patronize restaurants,
Man holds information about Coronavirus stimulus checks. Getty The CARES Act provided a $1,200 Economic Impact Payment, commonly referred to as a stimulus payment or stimulus check. To date, the IRS has already issued over 140 million of these payments. The majority of these payments were made via direct deposit. But there are still millions
Woman checking financial stock market analysis on smartphone in city, with illuminated city street … [+] light and urban skyscrapers as background at night Getty Allison Christians, the H. Heward Stikeman Chair in Tax Law at McGill University, tells Tax Notes contributing editor Robert Goulder about her proposal for a global excess profits tax as the third
ASSOCIATED PRESS Homebuilders’ rather bleak sentiment about the state of their industry last month seems to be now slowly reverting as states lift stay-at-home orders and home shoppers return to the market. According to the latest National Association of Home Builders/Wells Fargo Housing Market Index, released on Monday, builders’ sentiment gained seven points in May,
Kimco’s designated curbside pickup spots at Grand Parkway Marketplace in Spring, Texas. Source: Kimco Online shopping has been a boon for some retailers during the Covid-19 crisis. It has been a lifeline for others. But for nearly all companies, it’s brought a slew of new challenges. Many retailers were already expanding their e-commerce offerings prior to
Michael Nagle | Bloomberg | Getty Images The coronavirus outbreak has sparked an unprecedented wave of job losses and decline in economic activity. And yet amazingly the stock market has posted a decent return over the last one year. The S&P 500 is up more than 3% over the past 12 months while the tech-heavy Nasdaq
If you’re out of book ideas headed into another month of staying at home, or finally ready to crack one open, Bill Gates has some suggestions. The billionaire released his annual summer book list on Monday. Whether you want to learn more about pandemics amid the coronavirus outbreak or are simply looking for a distraction, Gates has
Ariel Skelley Like everybody else in the country, David Yeske is getting a bit stir crazy. For the last eight weeks, the founder of registered investment advisor Yeske Buie has been managing his advisory practice and serving his roughly 500 clients from his home in San Francisco as the coronavirus has spread across the country.
As part of the House bill passed on Friday to deliver relief to a battered economy, people with student debt would get some more elbow room. The U.S. Department of Education has already announced that due to the pandemic, federal student loan borrowers don’t need to make payments on their loans until at least October. And during
Small-business owners who borrowed from the federal Paycheck Protection Program program can now apply for loan forgiveness. Getting the balances erased may be easier said than done. The PPP loan, which was established by the CARES Act, is intended to cover up to eight weeks of wages, mortgage interest and other expenses. The amount borrowed
The COVID-19 recession is likely to cost the jobs of 22 percent of middle income workers age 50 to 60 making between $48,000 to $137,730 and the jobs of 15 percent of their peers earning above that, according to a report released today. The recession will force an additional 1.1 million of these middle income
Getty For weeks, taxpayers have been desperately seeking answers on Economic Impact Payments (EIPs, or stimulus checks). Today, the Internal Revenue Service (IRS) has announced that it will add 3,500 telephone representatives to answer some of the most common questions. That’s good news. But the IRS reminds taxpayers that telephone assistance and other services will remain
- « Previous Page
- 1
- …
- 14
- 15
- 16
- 17
- 18
- …
- 39
- Next Page »