Month: July 2020

Blank Social Security checks are run through a printer at the U.S. Treasury printing facility February 11, 2005 in Philadelphia, Pennsylvania. William Thomas Cain | Getty Images Congress won’t move on the next round of stimulus legislation this week. Despite that, however, a second set of stimulus checks is still on the table. Draft legislation
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Jovita Carranza, administrator of the U.S. Small Business Administration (SBA), speaks as Steven Mnuchin, U.S. Treasury secretary, left, listens during a House Small Business Committee hearing in Washington, D.C. Erin Scott | Getty Images Details of  Senate Republicans’ version of a coronavirus aid bill are starting to emerge. Accountants question whether it will provide enough
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TOPLINE  Lawmakers are unlikely to put together another federal stimulus package before certain key parts of the CARES Act—most notably the expanded unemployment insurance—expire. Here’s what you need to know.  Storm clouds pass over the Capitol dome as a severe thunderstorm approaches Washington on Wednesday, … [+] July 22, 2020. CQ-Roll Call, Inc via Getty
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The estate is located in backcountry Greenwich, which is becoming a popular refuge for New Yorkers. Compass The Connecticut estate of late fashion designer Vince Camuto will be auctioned off online next month. Camuto, a shoe designer and executive who co-founded Nine West and is known for his eponymous shoe brand, restored the Greenwich estate, called Chateau Ridge,
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President Donald Trump announced he was canceling the Jacksonville, Florida, portions of the Republican National Convention, scheduled for August, as the coronavirus continues to spread throughout the United States. The World Health Organization warned there’s no going back to the “old normal.” Meanwhile, Senate Majority Leader Mitch McConnell said Republicans will delay the release of their coronavirus
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New economic data show a growing slowdown, underscoring the need for another stimulus package. But intra-party fights among Republican Senators regarding deficit spending are slowing the legislation, and will make the overall bill smaller than it should be. WASHINGTON, DC – JULY 20: Senate Majority Leader Mitch McConnell (R-KY) (L) listens to U.S. … [+]
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Intel shares fell as much as 10% in extended trading on Thursday after the company reported better-than-expected second-quarter earnings and said next-generation chips would come out later than it had expected.  Here’s how the company did: Earnings: $1.23 per share, adjusted, vs. $1.11 per share as expected by analysts, according to Refinitiv. Revenue: $19.73 billion,
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