A jogger passes in front of the New York Stock Exchange (NYSE) in New York, on June 17, 2020. Michael Nagel | Bloomberg | Getty Images U.S. stock futures were flat on Sunday night as the number of coronavirus cases kept surging globally, raising concerns about the world economy and its recovery from the pandemic.
Month: July 2020
Investors who take a sustainable approach to allocating capital may be reevaluating putting their money into Hong Kong after the city implemented a national security law, an analyst said on Friday. “That’s the one area of international capital flows that could be quite significant,” said Andrew Collier, managing director of Orient Capital Research, a research
When Diane Pearson’s sons both attended Robert Morris University, buying a condo for them in the suburb of Pittsburgh made financial sense. Pearson, who is a certified financial planner, took out a home equity line of credit to purchase the property with cash in 2013. Three years later, the family sold it at a $5,000
Trump’s Department of Labor, Securities and Exchange Commission are scheming to make 401ks “greater” … [+] than ever, i.e., greater fees, greater risks and greater conflicts. That’s great for the wolves of Wall Street, not-so-great for America’s workers and no way to Make America Great Again. Getty Trump’s Department of Labor, Securities and Exchange Commission
One of the most exciting features of the Paycheck Protection Program was that it appeared that borrowers were going to be getting deductions funded with loans that did not have to be paid back. And there was an explicit statement that the discharge of indebtedness would not be taxable income. Taxability.—For purposes of the Internal
Lorenzo Boyd, an assistant professor, director of the Center for Advanced Policing and vice president for diversity and inclusion at University of New Haven. Source: Lorenzo Boyd Lorenzo Boyd was in the market for a new car and wanted to buy a luxury SUV. He went to a Lexus dealership and walked through the lot,
Warren Buffett‘s Berkshire Hathaway is finally pulling the trigger. The conglomerate is spending $4 billion to buy the natural gas transmission and storage assets of Dominion Energy. Including the assumption of debt, the deal totals almost $10 billion. It’s the first major purchase from Berkshire since the coronavirus pandemic and subsequent market collapse in March.
Tim Robberts Saving for retirement can be hard. Planning how to spend that nest egg — while ensuring the money doesn’t run out — is harder. But there’s good news: Americans can build a simple, low-cost retirement plan using just Social Security and savings, according to experts. From an academic standpoint, the “optimal” retirement strategy combines two
null Getty I was talking with a young couple the other week regarding their retirement investment selection in their 401(k) plan. They both had selected choices based upon their retirement age. They will hit that age in 2050. If you aren’t retiring for 30 years, that might seem like a good choice. But what does
Economic Security Planning, Inc. Today’s column addresses questions about how and when delayed retirement credits (DRCs) are applies, how divorced spousal benefits are calculated, how survivor benefits are calculated, filing online and whether a deceased person’s application can be withdrawn. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
Rent payment assistance will help both renters and their landlords, says Bob Pinnegar, president and … [+] CEO of the National Apartment Association. Eviction moratoriums, though, may not be as effective. Getty As the economy continues to wobble due to the coronavirus pandemic, while policy proposals diverge on how to prop it back up, July
This photograph taken on July 3, 2020, shows a sign of the World Health Organization (WHO) at their headquarters in Geneva, amidst the COVID-19 outbreak, caused by the novel coronavirus. FABRICE COFFRINI The World Health Organization announced Saturday that it has discontinued trials of the combination HIV drugs lopinavir and ritonavir as a combined treatment
Growing Plant On Money – Finance Investment Concept Getty Monthly dividend stocks are securities that pay a dividend every month instead of quarterly or annually. More frequent dividend payments mean a smoother income stream for investors, notes Ben Reynolds; the editor of Sure Dividend and contributor to MoneyShow.com provides a countdown of his 5 top
President, Dane Real Estate. Getty At a time when communication has become modernized, yet disconnected, we’re seeing how important and meaningful it is to connect with others on a personal level. The pandemic has affected our personal and professional lives inextricably. It has changed the way we work, conduct business and communicate with friends and loved
The number of new Covid-19 cases worldwide has reached a record high at 212,326 cases in the last 24 hours, according to a situation report from the World Health Organization. The report says there have been more than 10.9 million confirmed Covid-19 cases globally, with 212,326 new cases in the last 24 hours. There have been
Military veterans, like many Americans, are struggling to find work as the coronavirus pandemic stretches on. While vets’ June unemployment rate is lower than the overall number, at 8.6% compared to 11.1% for the general population, it is still at more than double the number reported in March, the Military Times said. The Labor Department survey
By Chris Farrell, Next Avenue Contributor Getty An idea is gaining traction among some economists and scholars to deal with the pandemic in America: Isolate and lockdown older Americans, possibly until there is a vaccine. Everyone else gets to go back to work and regain something resembling normalcy. Some proponents call it “shielding” the eldest,
Owner and Qualifying Broker at Rhino Realty Property Management and Rhino Realty B&B, entrepreneur, investor, advisor, author and speaker. Getty With the current climate of the world, everyone in the real estate industry is doing the best they can to navigate ever-changing rules and regulations. Historically speaking, the role of a property manager has always had its
People stand in queue to enter a restaurant on Ocean Drive in Miami Beach, Florida on June 26, 2020. Chandan Khanna | AFP | Getty Images Florida on Saturday reported at least 11,445 new coronavirus cases, the state’s largest number of daily cases so far, according to figures released by the Florida Department of Health.
One analysis found that more than 40% of CDFI’s loans and investments are in majority-minority communities. LeoPatrizi Consumers can push for racial justice – and it’s as simple as opening an account at a community bank or credit union that supports under-served communities. Netflix announced recently that it would transfer $100 million of its cash
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