WASHINGTON, DC – JULY 20: U.S. President Donald Trump talks to reporters while hosting Republican … [+] Congressional leaders and members of his cabinet in the Oval Office at the White House July 20, 2020 in Washington, DC. Trump and his guests talked about a proposed new round of financial stimulus to help the economy
Month: July 2020
Finding great REITs can be a daunting task, especially during a pandemic like the one we’re living in right now. Lost in the uncertainty, few investors recognize that now is actually the time to act. It’s time to take advantage of mispricing opportunities in order to build a portfolio of “everlasting gobstopper” income. In order
A Southwest Airlines jet leaves Midway Airport on January 25, 2018 in Chicago, Illinois. Scott Olson | Getty Images More airline employees are signing up for buyouts, leaves of absence and early retirements as the threat of furloughs looms this summer. Close to 17,000 employees or about 28% of Southwest Airlines‘ workforce has signed up
Many states’ pandemic-era moratoriums on renter evictions have expired. In some 30 states, eviction proceedings now can continue. Pictured, rent-forgiveness graffiti in Los Angeles. VALERIE MACON Most of the relief measures included in the historic stimulus package Congress passed in March are coming to an end, even as the financial suffering of millions of Americans,
CNBC’s Jim Cramer on Monday criticized the United States’ response to the coronavirus, saying that other nations across the world have been exemplars of how to keep deaths from the disease low. “I’m trying to figure out what kind of disaster that our country has had that’s ever been as bad as this that’s been
Getty Images High-income households will come out ahead – at the possible expense of the poor – if the Supreme Court overturns the Affordable Care Act. Last month, the Trump administration asked the Supreme Court to do away with the health-care measure, arguing that the law became unconstitutional when Congress eliminated the penalty for not
WILMINGTON, DELAWARE – JULY 14: Democratic presidential candidate former Vice President Joe Biden … [+] speaks at the Chase Center July 14, 2020 in Wilmington, Delaware. Biden delivered remarks on his campaign’s ‘Build Back Better’ clean energy economic plan. (Photo by Chip Somodevilla/Getty Images) Getty Images The Biden campaign has now (yes, two weeks ago)
M&A – acronym from wooden blocks with letters, mergers and acquisitions M&A concept, top view on … [+] grey background Getty As vulnerable businesses continue to struggle with the effects of COVID-19, there has been an uptick in mergers and acquisitions. Whether these deals have unintended tax consequences, however, may depend on choices that the buyer,
null Getty With Covid-19 hitting large cities the hardest, people have started looking to the suburbs. Headlines like “Coronavirus Escape: To the Suburbs” in the New York Times, “Coronavirus: Americans flee cities for the suburbs” in USA Today, “Will the Coronavirus Make the Suburbs Popular Again?” in Architectural Digest suggest an impending mass exodus to suburbia. And according
Ford says its Active Drive Assist system will allow for hands-free driving on more than 100,000 miles of divided highways in the U.S. and Canada. Ford Ford Motor has reached a deal with Mobileye, an auto tech subsidiary of Intel, to support its next-generation of advanced driving and safety features across the automaker’s global product lineup. The
Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 5, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images Stock futures rose slightly Sunday night as investors tried to build on last week’s solid performance. Dow Jones Industrial Average futures traded 45 points
It’s anything but business as usual as the world’s top attractions reopen amid the backdrop of a global pandemic. New guidelines aim to strike a balance between providing attraction-goers with an experience to remember while keeping visitors and staff safe. Still, questions remain: Should you go? Is it safe? Will lines be short or unbearably long?
Getty When Consumer Staples stocks outperform tech, it usually means a rough market If you follow the stock market, you know that the technology sector has been in a class by itself. In fact, I wrote an article earlier this year that argued that tech should be its own asset class. And that means we
Florida reported 12,523 new cases of the coronavirus on Saturday, marking the fifth consecutive day the hot-spot state reported more than 10,000 cases, according to the state’s health department. The state has reported more than 11,865 cases of the coronavirus on average over the past seven days, up 28.85% compared with a week ago, according to
The economic aftermath of the coronavirus pandemic is likely to worsen when authorities start rolling back relief measures — and banks could experience “far more damage” to their balance sheets, said Piyush Gupta, group chief executive of Singaporean bank DBS. Speaking to CNBC’s “Managing Asia” anchor Christine Tan, Gupta said government stimulus in many countries is
Resist the urge to shove your completed 2019 tax return into a drawer. It could help you save money next spring. Taxpayers and tax professionals were focused on the sprint to July 15 – the new deadline for 2019 federal income tax returns and payments. Indeed, the IRS received 147.1 million individual income tax returns
Testing for COVID-19 can be done in a drive through and in some places, self administered (Photo by … [+] Marcus Ingram/Getty Images) Getty Images 5 Questions about whether you should lie to get tested My friend, we’ll call him George, had just driven north from Florida, the hottest of COVID-19 hotspots and where he
In these strange COVID-19 times we are living in, the real estate market in Tahoe is blazing hot. According to Bill Dietz, owner of Tahoe Luxury Properties, there are currently only six lakefront homes available for sale, in contrast to the usual 20 or so each summer season. The most luxurious of all is McKinney
Ohio Republican Gov. Mike DeWine said Sunday that while his administration has stopped short of issuing a statewide mask ordinance, he’s not ruling out implementing that step as coronavirus cases continue to surge in the state. “We’re going the wrong way,” Dewine said of Ohio’s daily virus infections during an appearance on NBC’s “Meet the
Traders work after the closing bell at the New York Stock Exchange (NYSE) on August 12, 2019 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images The U.S. stock market recovered from the March bottom so fast that many wealthy investors are not sure what move to make next. Millionaire
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