Getty According to AARP employment data, women over the age of 55 face a dual threat to their careers and earning power amid the financial and labor market turmoil due to Covid-19. In April, approximately 20 million jobs were lost in the United States and the unemployment rate reached a staggering 14.7%. Between March and
Month: June 2020
TOPSHOT – US President Donald Trump looks at a pre-paid debit card during a meeting with his cabinet … [+] on May 19, 2020 in the Cabinet Room of the White House in Washington, DC. – The card will be issued by the Internal Revenue Service to distribute nearly 4 million dollars in stimulus aid
Summer rentals are topping $200,000 Getty A hot rental market defines The Hamptons this summer. Traditionally Memorial Day weekend kicks-off of the oh so busy summer season. Typically, renters are settling in, making dinner reservations while filling their social calendars. Brokers are busy showing prospective buyers multi-million-dollar properties from Amagansett to Southampton. Like everywhere else life
People across the U.S. gathered in mass over the weekend and into Monday morning to protest police brutality and the killing of George Floyd in Minneapolis, raising concerns of further virus spread through the demonstrations. More than 1.7 million people in the U.S. have tested positive for the virus and more than 104,000 have died
Jamie Dimon, Chairman and CEO of JP Morgan Chase. Adam Jeffery | CNBC Wall Street CEOs expressed horror, anger and empathy in staff emails and messages posted to social media as protests continued to roil U.S. cities in the week after the death of George Floyd in Minneapolis. The May 25 death of Floyd, who
lorenzoantonucci Generation Z’s future looked bright just a few months ago. The economy was strong and unemployment was at record lows. It was just February when the unemployment rate was 3.5%, matching the lowest level in more than 50 years. Now, with the coronavirus pandemic upending the economy and sending unemployment skyrocketing to 14.7% in
Traders work on the floor at the opening bell of the Dow Industrial Average at the New York Stock Exchange on March 18, 2020 in New York. Bryan R. Smith | AFP | Getty Images Chief financial officers of major corporations around the globe are more likely to believe the Dow Jones Industrial Average will
Senate Majority Leader Mitch McConnell (R-Ky.) after a May 19 closed Senate Republican policy lunch meeting with President Donald Trump to discuss the response to the coronavirus outbreak. Yuri Gripas | Reuters The president is warming up to the idea. Most Democrats are down. But will Republicans get behind the idea of a second round of
June is LGBTQ+ Pride Month, and in the past 50 years, it has grown into a massive money-making machine with an estimated 1,500 Pride events globally. It’s become a month when big businesses can show their support for the community and their employees. It’s also an opportunity to win over the support of LGBTQ+ consumers
BOSTON, MA – APRIL 14: Boston EMS remove an elderly patient from Sherrill House, a nursing home in … [+] Jamaica Plain (Photo by David L. Ryan/The Boston Globe via Getty Images) Boston Globe via Getty Images We are beginning to learn which nursing homes are most likely to be hit with COVID-19. And while
The IRS has announced that this summer for the first time, you can amend your tax return (file Form 1040-X) electronically. That is a big deal, since up to now, every amended tax return had to be filed the old-fashioned way, on paper and in the mail. About 3 million Forms 1040-X are filed by taxpayers
The extra $600 in weekly unemployment benefits from the federal government expires in July. … [+] Apartment industry experts fear rent payments will plunge as a result. Getty As rent comes due in June, the third month since the onset of the pandemic, and as Congress mulls additional aid to inject into the coronavirus-battered U.S.
CFOs of major corporations around the globe are increasingly certain of a negative coronavirus impact on their business in 2020. iStock/ Getty Images Plus / MicroStockHub Nearly half (48.8%) of leading chief financial officers surveyed in the latest CNBC Global CFO Council Survey say the Covid-19 pandemic will have a “negative” impact on their companies
A trader walks by the New York Stock Exchange (NYSE) on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City. Spencer Platt | Getty Images This is a live blog. Check back for updates. 7:50 am: China pauses some U.S. farm imports,
For the cash-strapped traveler who dreams of sipping champagne in first class, a frequent flyer program is a must-have. Airline loyalty programs offer passengers free flights, seat upgrades and access to elite business class lounges. They are also a massive revenue generator for U.S. airlines. “It’s big money for these airlines, bigger even for a
SpaceX’s Crew Dragon spacecraft docks with the International Space Station on May 30, 2020. NASA CAPE CANAVERAL, Fla. — The inaugural SpaceX astronaut mission successfully completed the first leg of its journey on Sunday, docking with the International Space Station. “It’s been a real honor to be just a small part of this nine year
Isn’t Success About Having Enough? COPYRIGHT 2016 JONATHAN LOOK JR I am a 59-year-old American. I don’t own a home. I don’t own a car. The furniture that I sit upon and the bed that I sleep in is not my own. Most of the mementos that I accumulated over the years are gone. I have
Photo: Getty Bitcoin taxes are becoming a hot topic after the IRS has cracked down on cryptocurrency investors over the past year. Last year alone, the IRS sent out more than 10,000 warning and action letters to individuals suspected of misreporting bitcoin capital gains and losses income on their tax returns. In this article, we’ll
Photo: Getty VUCA, like all good acronyms, was coined by the U.S. military, and stands for volatility, uncertainty, complexity and ambiguity. Corporate real estate has largely been stuck in VUCA, forgoing forward-thinking trends in the age of accelerations for dated strategies that are largely linear, long-term and inflexible, making them particularly ill-prepared for the rapidly
As demonstrations erupted in major U.S. cities across the nation in response to the death of unarmed black man George Floyd, peaceful protests turned ugly as demonstrators set fires, looted stores and clashed with riot police. The destruction prompted Los Angeles to suspend coronavirus testing Saturday afternoon due to safety concerns. “We have been notified that