Month: June 2020

Jeff Bezos, founder and CEO of Amazon, smiles as he speaks during the Economic Club of Washington’s Milestone Celebration event in Washington, DC, on September 13, 2018. Saul Loeb | AFP | Getty Images Amazon is introducing a new digital credit line for U.S.-based merchants with partner bank Goldman Sachs, CNBC has learned exclusively. Small
0 Comments
Travellers line up with their belongings outside Hankou Railway Station after travel restrictions to leave Wuhan, the capital of Hubei province and China’s epicentre of the novel coronavirus disease (COVID-19) outbreak, were lifted, April 8, 2020. Aly Song | Reuters Covid-19 may have been circulating in China as early as August 2019, a new study
0 Comments
Economic Security Planning, Inc. Today’s column addresses questions about Social Security’s assumptions about continuing income when estimating future benefits, spousal benefits before retirement benefits, disability benefits, totalization and spousal benefit eligibility. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize My
0 Comments
Huntington Beach, CA Getty Here are the top 25 cities with the highest rent decreases. Though rents increased an average of 3 percent nationally last year, Apartmentguide.com found the top 25 cities where annual rents have declined. What surprised Brian Carberry, Apartmentguide’s managing editor who crunched the numbers was, “some of the areas with significant
0 Comments
Passengers wait to get on a Hertz shuttle bus at Los Angeles International Airport. Patrick T. Fallon | Bloomberg | Getty Images To get a slice of one of the market’s most epic rallies, investors are snapping up stocks everywhere including shares in bankrupt companies, which in theory will be worth nothing. Hertz, Whiting Petroleum, Pier 1 and
0 Comments
President Donald Trump conducts a bill signing ceremony with members of his economic team in the Rose Garden at the White House on June 05, 2020. (Photo by Chip Somodevilla/Getty Images) A conspiracy theory has emerged relative to the unemployment rate, suggesting that the Trump administration rigged official statistics to give the illusion of a
0 Comments
Getty You can go from house poor — spending too much or at least more than you’d like on housing — to becoming house rich and you don’t necessarily need to downsize your home to extract more value from it. In our case, we upsized our home while still netting a big sum. Covid-19 has
0 Comments