Unlike most people who are now telecommuting due to the coronavirus pandemic, I’ve been working from home for a long time. As in two decades. Between full-time jobs that allowed it (one of them way back in 2000) and freelancing while I raised two children, I’ve truly appreciated the benefits that come with the arrangement
Month: June 2020
Good News: You Don’t Need An Existing Relationship With A Lender To Get A PPP Loan Deadline for small business owners to apply for financial aid is June 30, 2020. (Photo by ERIC … [+] BARADAT/AFP via Getty Images) AFP via Getty Images Yesterday (June 19), the Small Business Administration (SBA) launched a free online
It should be a last resort, but it’s easier than ever to break into your nest egg if you’ve been … [+] hurt by the coronavirus pandemic. Getty The Internal Revenue Service’s official guidance on Covid-19-related 401(k) and Individual Retirement Account loans and distributions is out, and it expands the list of who can qualify
Better to rent than own In San Francisco Getty Wondering if you should rent or own a home? LendingTree’s latest report digs into the data, looking at the median monthly cost to rent versus owning a home, with and without a mortgage, across the 50 largest metropolitan areas in the U.S. Lendingtree.com vice president and
For 25 days, Americans have been demanding from the country’s civic and corporate leaders their plans to tackle police brutality and systemic racism during protests that have gripped the nation following the killing of George Floyd. On Friday, Juneteenth, many of those leaders have a big first opportunity to put into action the rhetoric that
Formal recognition of Juneteenth, a day commemorating the end of slavery in the United States, is gaining traction in corporate America, with a growing number of businesses and states acknowledging the holiday. But the day faces a difficult road to becoming a federal holiday and a possibly even longer road to becoming a holiday for
The Stuyvesant Town and Peter Cooper Village private residential development (bottom C) is seen in New York. Shannon Stapleton | Reuters Manhattan apartment deals plunged more than 80% in May from a year ago, while South Florida saw a surge as lockdowns and coronavirus fears continue to weigh on New York real estate. The number
Ungureanu Vadim | EyeEm | Getty Images Many student loan borrowers were suffering when the pandemic shuttered the economy. Americans collectively hold more than $1.6 trillion in student debt. According to credit monitoring service Experian, Gen Z saw their student debt balances increase by 9% from the first quarter of 2018 to the first quarter of 2019 —
The Retirement Income Scorecard Steve Vernon There are many types of retirement income generators (RIGs) that each produce different amounts of retirement income. My Retirement Income Scorecard compares the amounts of retirement income that are possible for 10 different RIGs, which is one consideration for choosing a RIG or combination of RIGs to build your
Robinhood co-founders Vlad Tenev (L) and Baiju Bhatt (R) in 2015. Ben Margot/ASSOCIATED PRESS With additional reporting from Antoine Gara, John Dobosz and Jeff Kauflin Following the tragic suicide of a 20-year-old Robinhood trader after he saw a $730,000 negative balance in his account, the company’s founders released a statement pledging to tighten eligibility criteria,
Rents are down 8 to 10% in New York City. Getty As nearly 1 million rent-stabilized apartments in New York City receive a rent freeze in the midst of the coronavirus pandemic and economic fallout, landlords with market units are reducing rents by nearly 10% amid lower than usual demand. Zillow Z -owned New York
AMC reversed course on a controversial policy on Friday, saying it will now require all patrons at its movie theaters to wear face masks in an effort to quell the spread of the coronavirus. Initially, AMC had decided that masks would be optional, saying the decision not to require masks was made in an effort to avoid
The New York Stock Exchange (NYSE) stands in lower Manhattan on May 18, 2020 in New York City. Markets surged today as promising details of a potential COVID-19 vaccine were released and more European countries gradually re-opened after months of lockdown. Spencer Platt | Getty Images The stock market, so eager to put the entire
1. Don’t underestimate the role of chance in life. It’s easy to assume that wealth and poverty are caused by the choices we make, but it’s even easier to underestimate the role of chance in life. The families, values, countries and generations we’re born into, as well as the people we happen to meet along
Robinhood app Source: Robinhood Robinhood is making it more difficult to get access to its options offering in the wake of a customer’s suicide last week. In a blog post Friday, Robinhood’s co-CEOs outlined multiple changes to the free-trading app. Robinhood will increase eligibility requirements, and “consider additional criteria” for customers for level three options
Student loan borrowers could see big changes over the next few months. pcess609 Former Vice President Joe Biden made an announcement in April that was mostly drowned out by more and more alarming developments of the coronavirus pandemic: As president, he would forgive undergraduate federal student loan debt picked up at public colleges for those
Take the time you need to learn about retirement income strategies. Getty How should you deploy your retirement savings to generate lifetime income? That’s one of several critical decisions pre-retirees face as they approach retirement. To help you answer this question, let’s look at the “Retirement Income Scorecard” that I developed to estimate the amount
Hundreds of unemployed Kentucky residents wait in long lines outside the Kentucky Career Center for … [+] help with their unemployment claims on June 19, 2020 in Frankfort, Kentucky. Getty Images Even as the economy begins to reopen, the coronavirus pandemic has left tens of millions of Americans in financial trouble. More than 44 million
Ready to open on Monday, New York City real estate agent look to global prime cities, such as Hong … [+] Kong and London, which exited quarantine earlier, for clues. Getty As New York enters the second phase of reopening its economy on Monday, the real estate industry in the Big Apple is also readying
Sen. John Barrasso, who is a doctor, told CNBC on Friday that he is concerned about AMC Entertainment‘s decision not to require face masks in its theaters. “I have a lot of concerns about that,” the Wyoming Republican said on “Squawk Box.” “You’re talking about a confined space where people are there for extended periods of
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