Cynthia Pineda lost her accounting job in early April. Without the $600 weekly unemployment boost, she’ll get just $275 each week in aid from Florida. Meanwhile, finding a new job has proven extremely challenging. Cindy Pineda was the breadwinner of her family before the coronavirus pandemic hit. But Pineda, 60, lost her accounting job in
Month: July 2020
A BronCore Fitness bootcamp in the Boston Commons. Bron Volney Jacob Gise opened a Body Fit Training franchise in Santa Monica, California, in November. By March, the flagship U.S. studio of the global chain had just become profitable. Gise had traveled to Australia, where Body Fit Training began, to learn the ropes, so he was
By Lisa Fields, Next Avenue Contributor getty Public libraries have long been known for helping people with job searches, through one-on-one résumé advice and classes teaching computer skills. Since many libraries have been closed physically due to the pandemic, they’re now often offering job-search help virtually so people can benefit from the resources at home.
MIAMI SPRINGS, FLORIDA – JULY 16: Jose Abreu (C) and Shanita Rojas (R) protest in support of … [+] continuing federal supplemental unemployment benefits. Unemployment claims in Florida are increasing faster than the rest of the country. (Photo by Joe Raedle/Getty Images) Getty Images Senate Republicans and the White House may have reached a deal
Graph and calculator with text refinancing getty With COVID-19 creating havoc and uncertainty within our economy, mortgage rates are hitting historic lows. According to Freddie Mac, the national average rate dropped earlier this month to an all-time low 2.98%. In fact, Mortgage News Daily reported that the average reached a seemingly impossible 2.87% on Thursday.
A woman near the ruins of a summer house destroyed by a fire in a dacha community in Moshkovo District, Novosibirsk Region, south Siberia. Novosibirsk Region is experiencing hundreds of fires believed to have been caused by burning old grass. Kirill Kukhmar | TASS | Getty Images The World Meteorological Organization warned on Friday that
Dow Inc. on Thursday laid out additional cost-cutting plans, including laying off about 6% of its workforce, as the chemicals maker expects “gradual and uneven” recovery in demand and prices from the coronavirus-induced slump. The company, which makes chemicals used in industries ranging from plastics, paints and building materials, also posted a smaller-than-expected second-quarter loss,
Leonhard Foeger | Reuters Gold prices rose to an all-time high Friday as investors sought safety in the precious metal amid rising U.S.-China tensions and lingering fears over the coronavirus pandemic. The metal’s August futures contract rose 0.4% to settle at $1,897.50 per ounce, according to data from the CME Group. This also marked gold’s
“My stomach is growling and I have a headache,” said Sheila Ritter, 51. Sheila Reiter Sheila Ritter was laid off from her job as a security guard on March 14, the same day as her oldest daughter’s birthday. Affording enough food to feed her family has been a struggle for Ritter, who lives in Denver,
This strategy offers a safe balance between too much frugality and too much spending in retirement Getty Images/iStockphoto Many retirees are spending their retirement savings quite frugally, according to a handful of recent reports and studies. These studies—from the Employee Benefits Research Institute, United Income, and the Boston College Center for Retirement Research—reveal that as
When owners and tenants negotiate a lease amendment, they have to be careful about some concerns … [+] that are not obvious. ranjan samarakone Owners, tenants, and their attorneys and other advisers have lately spent a lot of time renegotiating leases to give tenants some breathing room in today’s virus-driven shutdowns. Those negotiations tend to
Los Angeles Unified Superintendent Austin Beutner. Irfan Khan | Los Angeles Times | Getty Images A day after the U.S. Centers for Disease Control and Prevention issued guidelines encouraging public schools to reopen, the leader of the nation’s second-largest district said there was no timeline for when Los Angeles classrooms would welcome students again. The opening
Jets are parked on runway 28 at the Pittsburgh International Airport on March 27, 2020 in Pittsburgh, Pennsylvania. Jeff Swensen | Getty Imageas American Airlines posted a net loss of $2.1 billion in the second quarter, the latest carrier to outline the financial damage to travel demand from the coronavirus pandemic. American carrier has added more
Laurence “Larry” Fink, chairman and chief executive officer of BlackRock. Chris Goodney | Bloomberg | Getty Images Company insiders are dumping shares as stocks experience their epic rebound from the coronavirus recession. The sales are a major shift from the insider buying frenzy during the market bottom in March. Among the sellers are the heads
Passengers who refuse to wear masks based on medical exemptions will no longer be able to fly on American Airlines and Southwest Airlines. On Wednesday, both air carriers announced anyone over the age of two must wear a mask while flying. Masks can only be removed to eat or drink, and Southwest’s new policy states
People who lost their jobs wait in line to file for unemployment benefits, following an outbreak of the coronavirus disease (COVID-19), at Arkansas Workforce Center in Fort Smith, Arkansas, U.S. April 6, 2020. Nick Oxford |File Photo | REUTERS In mid-March, Erin Madden was furloughed from her job as a bartender at the Hollywood Burbank
getty When to collect Social Security and which strategy to use has become a popular topic over the last few years, and a lot of ink has been spilled on the subject. Usually it focuses on how much you might be able to collect through retirement by waiting, or perhaps how much you would give up
ALBANY, NEW YORK, UNITED STATES – Among the most-populous 10 states, state and local tax revenue has … [+] increased the most in New York, much of it driven by tax hikes, especially in New York City. (Photo by Lev Radin/Pacific Press/LightRocket via Getty Images) Pacific Press/LightRocket via Getty Images Every year, the U.S. Census
getty Homebuilder stocks DR Horton, KB Home, Lennar, PulteGroup and Toll Brothers are not cheap after rising 141% to 237% from lows set between March 18 to March 23. DR Horton and Lennar set all-time intraday highs on Thursday, July 23. Longer-term homebuilders are a buy when their P/E ratios are 8% and lower. Today
A Southwest Airlines Boeing 737-700 (LN2318) on final-approach after a pre-delivery test flight at dusk. aviation-images.com | Universal Images Group via Getty Images The Federal Aviation Administration on Friday instructed airlines to inspect some stored Boeing 737 planes for corrosion that could lead to engine shutdowns as hundreds of aircraft remain idled because of a drop
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