Month: May 2020

By Deborah Quilter, Next Avenue Contributor John Eno (in back) with his siblings and mother, Ann, in Brooklyn Courtesy of Madeleine Eno Five years ago, John Eno, 61, worked as a psych counselor in a locked facility in Boston and loved the work. Then, his now 90-year-old mother Ann’s health started failing, so he moved
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At least 30 million Americans have filed for unemployment in the past six weeks. mpi43/MediaPunch/MediaPunch/IPx Topline: As the coronavirus pandemic keeps Americans confined to their homes, nearly every industry has been negatively impacted by the disease, and businesses losing out on cash flow have started laying off workers. Here’s who’s axed staff so far: Airlines
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Spirit Airlines aircraft seen at Los Angeles International Airport. Alex Tai | SOPA Images | LightRocket via Getty Images Check out the companies making headlines after the bell. Lyft — The rideshare company’s stock soared 15% in extended trading after Lyft reported first-quarter earnings. The company reported 21.2 million active riders in the first quarter, a
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Chicago-based millennial Alex Sanchez earned more than $230,000 last year. The bulk of his income came from his day job: He works about 60 hours a week as an overhead lineman for an electrical utilities company. Between his $120,000 base salary, $10,000 annual bonus and overtime pay, he makes more than $200,000. The 25-year-old also brings
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CNBC’s Jim Cramer said Wednesday that investors cannot ignore the rising popularity of plant-based meat products.  “This movement is happening. You’ve got to get on the bus or … get left behind,” Cramer said on “Squawk on the Street.”  Cramer acknowledged there are not huge sales just yet for a company like Beyond Meat, which after-the-bell Tuesday
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Sens. Elizabeth Warren, D-Mass., center, Amy Klobuchar, D-Minn., and Senate Minority Leader Charles Schumer, D-N.Y., conduct a news conference after the Senate Policy luncheons in the Capitol, March 14, 2017. Tom Williams | CQ Roll Call | Getty Images Sens. Amy Klobuchar, D-Minn., and Elizabeth Warren, D-Mass., are pushing the Federal Trade Commission to take
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Getty The Internal Revenue Service has issued a series of questions and answers regarding the CARES Act coronavirus-related relief for retirement plans and Individual Retirement Accounts. That’s helpful as folks consider tapping these accounts in the economic downturn.  As of April 17, Fidelity Investments found that 164,950 individuals (nearly 1 out of 100) covered under
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Wall Street is getting a look at another batch of quarterly earnings reports on Wednesday, with General Motors, CVS Health and Wendy’s all offering updates ahead of the market open. Disney reported a rough second quarter for parks and cruises when it provided results after the bell on Tuesday, recording a 58% drop in operating
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Andrew Prignitz is a certified financial planner who has helped many clients navigate uncertain times. Prignitz says the coronavirus presents unprecedented challenges, but being proactive and having a solid plan will be key for anyone looking to make ends meet. Watch this video to learn what else Prignitz reccommends you do when you lose your
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