As the nation’s lawmakers debate the contents of the next pandemic stimulus bill, a group of high powered business leaders at some of the most successful companies in the country are calling on Congress to support America’s small businesses. “This is not a call for bottomless handouts,” the letter, released Monday, says. ”It’s a defining moment
Month: August 2020
CNBC’s “College Voices 2020” is a series written by CNBC summer interns from universities across the country about coming of age, launching new careers and job hunting during a global pandemic. They’re finding their voices during a time of great social change and hope for a better future. What money issues are they facing? How
Jovita Carranza, administrator of the U.S. Small Business Administration, speaks as Steven Mnuchin, U.S. Treasury secretary, listens at a House Small Business Committee hearing in Washington, D.C. Erin Scott | Getty Images The federal government is about to turn off the tap on its supply of forgivable loans for small businesses. Saturday, Aug. 8 is
Paychex CEO Martin Mucci told CNBC on Tuesday that small business employment is falling again and is becoming as precarious as during the beginning of the U.S. coronavirus crisis. “We saw the July jobs index drop,” Mucci said on “Squawk Box.” ”That puts us back to about April, so we’re flat over the last three months.” Paychex, a
By Craig Miller, Science journalist and Next Avenue Contributor getty Scientists say 2020 is on track to be among the hottest years on record. They know this from a worldwide network of sensors and satellites that constantly monitor land and ocean temperatures. But my favorite index for global heating is Charlie, my 92-year-old father. I
Economic Security Planning, Inc. Today’s column addresses questions about whether to continue delaying retirement benefit till 70 or take them early due to the covid pandemic, how much the earnings test would reduce retirement benefits and requirements for spousal benefit eligibility. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and
School psychologist Dr. Roseann Capanna-Hodge has been working with young people for decades. Dr. Roseann Capanna-Hodge / (c) 2019 Emily Mygatt Lee There’s a heated debate taking place around the country about whether schools should reopen for in-person classes this month, when many traditionally welcome students back to campus. Numerous districts – including some of
In this May 2020 photo provided by Eli Lilly, researchers prepare mammalian cells to produce possible COVID-19 antibodies for testing in a laboratory in Indianapolis. David Morrison | Eli Lilly via AP The National Institutes of Health announced Tuesday it is starting two trials testing whether an experimental antibody drug can work as a safe
Strauss Zelnick, CEO of Take Two Interactive. Adam Jeffery | CNBC Take-Two Interactive Software on Monday raised its fiscal year adjusted sales forecast after beating quarterly estimates on demand for its videogame franchises “Grand Theft Auto” and “NBA 2K” from people stuck at home due to lockdowns. The company’s shares rose about 7% in after-market
U.S. Treasury Secretary Steve Mnuchin and White House Chief of Staff Mark Meadows at the U.S. Capitol on Aug. 1. Stefani Reynolds/Bloomberg via Getty Images A $600 boost to weekly unemployment checks ended Friday, leaving many families wondering how to pay for rent, food and other bills this month. Democrats want to extend the payments,
When I tell people I plan to die with zero, with no money left to give, their reaction is often, “What about the kids?” But I don’t think those two goals, of supporting my children and leaving nothing behind, are mutually exclusive. I want to give money to my children when they can best use
Residents of Imperial County, California, line up in front of a bookkeeping shop in Calexico to fill out unemployment claim forms on July 24. Mario Tama | Getty Images News | Getty Images Millions of Americans are getting a big cut in their unemployment checks after the expiration of a policy that offered an extra $600
Pictured is a display of Crazy Aaron’s Thinking Putty Thursday, April 7, 2016 at the Building Blocks Toy Store in Chicago, Ill. (Anthony Souffle/Chicago Tribune/Tribune News Service via Getty Images) Chicago Tribune | Tribune News Service | Getty Images Heading into March, the team at Crazy Aaron’s Thinking Putty was on track to exceed its
When it comes to Medicare, a Power of Attorney has no power. getty A power of attorney (POA) is a powerful thing. A financial power of attorney document allows an appointed person to make financial, legal and property decisions on another individual’s behalf. A person holding another’s POA can sell the individual’s car to pay medical bills,
The concept of falling real estate market. Reduced interest in the mortgage. A decline in property … [+] prices and apartments. Low interest rates on mortgage loans. Reduced demand for home. selective focus getty Whether you live in a bustling city, sprawling suburb, or somewhere in between, it’s likely that you’ve been hearing more stories
Mika Manninen has been on the road for approximately 75% of 2020. As the CEO and co-founder of dairy-free yogurt brand Hälsa Foods, the Finnish native who now resides in Palm Beach, Florida, has taken 33 flights (including four abroad) and spent 160 nights in hotels in cities such as Los Angeles, Chicago, New York,
Chinese President Xi Jinping (R) waves to the press as he walks with US President Donald Trump at the Mar-a-Lago estate in West Palm Beach, Florida, April 7, 2017. Jim Watson | AFP | Getty Images Both the U.S. and China have to “step up to the plate” and provide global leadership at a time
Culture is critical for any company, and often means the difference between a business that inspires and one that simply functions. That social side of business has come under increasing scrutiny lately, not least because of the coronavirus pandemic and recent Black Lives Matter protests, as employers’ treatment of staff and customers has come to
New Yorkers pick up free groceries at a Food Bank For New York City distribution event at the Barclays Center in Brooklyn on July 30. Scott Heins | Getty Images News | Getty Images Most of the relief measures delivered to Americans in the first stimulus package have dried up. The weekly $600 federal unemployment checks
Glenn Every’s lot is loaded with buses sitting idle. “We’re devastated,” said Every, the owner and operator of Tonche Transit, a small bus company in Mount Tremper, New York. ”It’s like someone turned a switch off on March 13, and with the exception of one trip, we have not turned a wheel since.” Every took over
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