View of the phone company QUALCOMM technology 5G in the Mobile World Congress. Ramon Costa | SOPA Images | LightRocket | Getty Images How to find compelling stocks primed to outperform during the third quarter of 2020? Here are a few of the names the best-performing Wall Street analysts are betting on right now. With
Month: July 2020
Unemployed Kentucky residents enter the Kentucky Career Center for help with their unemployment claims on June 19, 2020 in Frankfort, Kentucky. John Sommers II/Getty Images Certain groups of workers, like the self-employed and those in the gig economy, are pulling in an increasing share of jobless benefits relative to others. Around 12.9 million Americans are
Robert De Niro (L) and chef Nobu Matsuhisa appear during a preview for the Nobu Restaurant and Lounge Caesars Palace on February 2, 2013 in Las Vegas. David Becker | Getty Images The Nobu group of luxury sushi restaurants and hotels took 14 loans from the U.S. small business relief program for as much as
Getty Potential borrowers still hoping to get a cut of the PPP pie have been given until August 8th to apply for their initial PPP loan. President Trump signed the “PPP Extension Act” on July 3rd, which consists of the same exact language that passed the Senate on June 30th, mere hours before the window
A pedestrian wearing a protective mask walks past some Retail Space For Lease in San Francisco, … [+] California, U.S., on May 6, 2020. Emptied out malls and hotels across the U.S. have triggered an unprecedented surge in requests for payment relief on commercial mortgage-backed securities, an early sign of a pandemic-induced real estate crisis.
The average age of new coronavirus patients has dropped by roughly 15 years compared with only a few months ago as the coronavirus reignites in America’s Sun Belt, White House health advisor Dr. Anthony Fauci said Monday. Fauci, director of the National Institutes of Allergy and Infectious Diseases, said during a Q&A discussion with Dr. Francis
President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February 13, 2019. Clodagh Kilcoyne | Reuters The Federal Reserve has a role to play in ending systemic racism, in the view of the central bank’s first Black regional president.
An airport ground crew prepares a Cessna 510 jet airplane for takeoff at Santa Fe Municipal Airport in Santa Fe, New Mexico. Robert Alexander | Getty Images The major private jet companies, including Wheels Up and OneSky Flight, received more than $200 million in government funding under the government’s payroll support program, according to recent
People pass by the Salesforce Tower and Salesforce.com offices in New York City, March 7, 2019. Brendan McDermid | Reuters What seemed like a few decades ago, I mean in February, people used to occasionally ask “How’s business?” Despite usually responding, “Fine, thanks,” I would often think of the inquiry as two-part. One, and probably
Monica Murphy One of the small-business loan relief programs included in the historic stimulus package Congress passed in March contains a provision that many gig workers and freelancers might have overlooked. They’re eligible for a $1,000 grant that doesn’t need to be repaid. Here’s how it works: Amid the coronavirus pandemic, small-business owners who have
Natasha Alipour Faridani | DigitalVision | Getty Images The government’s release of data on businesses that have participated in the Paycheck Protection Program confirms what many in the financial advice industry already knew: Wealth management firms were among those to have taken the government loans. The data released by the Small Business Administration and Treasury
By Elizabeth White, Next Avenue Contributor Getty I remember well the shock of being suddenly laid off during the Great Recession of 2007-2009. I was in my mid-fifties when my good job disappeared, my income fell to zero and I was suddenly on the outside looking in at a life that was no longer mine.
IRS privacy coin crackdown Shehan Chandrasekera 2020 has been a year with a lot of turmoil but regulators’ attempt to crackdown on cryptocurrency has not slowed down whatsoever (350,000 Aussie Crypto Users Are Receiving Tax Warning Letters, The IRS Is Hiring Consultants To Crack Down On Cryptocurrency Tax Evasion). A new listing posted on the
A famed rapper, producer and fashion designer, Kanye West has been dabbling in real estate for … [+] several years now, much like President Donald Trump, whose family made its fortune in the industry. Amy Harris/Invision/AP A day after Kanye West announced his bid for the Oval Office in a tweet dispatched on July 4th,
Owner of Regent Barbers Alan Kelly (L), wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against spreading COVID-19, is reflected in a mirror as he cuts the hair of a customer, also wearing a face covering, in Dublin on June 29, 2020, as lockdown measures begin to be
This is a live blog. Please check back for updates. 7:54 am: Uber jumps on Postmates deal Shares of ride hailing giant Uber rose 6.5% in premarket trading on Monday following multiple reports that Uber has agreed on a deal to buy food delivery service Postmates in a $2.65 billion stock deal. Earlier this year, Uber
Charles Zhengyao Lu, chairman and founder of Luckin Coffee, and Jenny Qian Zhiya, chief executive officer of Luckin Coffee, ringing the opening bell during the company’s initial public offering (IPO) at the Nasdaq in New York, on May 17, 2019. Victor J. Blue | Bloomberg | Getty Images The Luckin Coffee fraud scandal was a
2 million mark banknote, 1923. Getty Modern Monetary Theory — the dream that we can spend quite a bit more money on such government programs as the Green New Deal, a Universal Basic Income, or similar agenda items merely by printing the money (or the 2020 virtual equivalent thereof) — insists that the United States
In a new forecast released in June, real estate listing company Realtor.com expects existing home … [+] sales to be 15% lower this year. Getty Even though home values have budged little, if at all, on the backdrop of the pandemic-prompted economic recession, few home shoppers seem to have relented this year, incited by ever-lower
Brendan McDermid | Reuters Direction requests Requests for transit directions on Apple Maps are still nowhere near pre-pandemic levels, according to data from the navigation app. However, driving and walking direction requests have surged from their low points during the early stages of the outbreak. Travelers may be more inclined to driving and walking rather
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