Justin Sullivan | Getty Images With 74-year-old President Donald Trump testing positive for Covid-19, Medicare beneficiaries may be reminded of their own vulnerability. For the 62.7 million people enrolled in Medicare — the majority of whom are age 65 or older — the coronavirus generally poses a greater health risk. While Congress and regulators have
Month: October 2020
By Kerry Hannon, Next Avenue Contributor Independent filmmaker Mike Kravinsky Courtesy of Mike Kravinsky The pandemic pivot is a stark reality for droves of older small business owners resolute to stay in business. That kind of grit is the spine of the midlife entrepreneurs I’ve interviewed in recent years, several of whom I profiled in
Dan Zakai is the Co-Founder and CEO of Mindspace, a global provider of boutique flexible spaces in 16 cities across Europe and the U.S. getty Soon, offices everywhere will be balancing a “total ecosystem” of workspace — one that combines traditional office space with work-from-home and third-party solutions. Companies across the globe are facing one of
Senator Ron Johnson, a Republican from Wisconsin, speaks during a Senate Homeland Security and Governmental Affairs Committee hearing in Washington, D.C., U.S., on Thursday, Aug. 6, 2020. Toni Sandys | Bloomberg | Getty Images Ron Johnson of Wisconsin is the third Republican senator to test positive for Covid-19 after President Donald Trump announced early Friday that
The Charging Bull, sometimes referred to as the Wall Street Bull, a bronze sculpture in the Financial District of Manhattan with a facemask in New York May 19, 2020. Timothy A. Clary | AFP | Getty Images Wall Street investors are bullish on stocks heading into the fourth quarter, but they are concerned about a
kali9 | E+ | Getty Images If you’re retired and are thinking about downsizing or relocating, and it involves buying a home, you might want to look into how you would finance it. You may discover that qualifying for a mortgage is different from the last time you bought a house. Not only have lenders
Supreme Court Will Review Entire Affordable Care Act Immediately After The Election getty Ending the Affordable Care Act (ACA) will be a case of Robin Hood in reverse – taking from the most vulnerable families to give the wealthiest Americans a massive financial windfall. This could soon become reality if the Supreme Court sides with
Photographer: Daniel Acker/Bloomberg © 2015 Bloomberg Finance LP Covid-19 and the social distancing it requires has pushed more of our purchasing online. In fact, since March an extra $107 billion has been spent online, according to Adobe Analytics. For small business owners forced to close their doors for months and now still seeing dramatic drops
Matt Picheny is the Managing Partner at MJP Property Group. 15 years’ experience as a real estate investor, syndicator, operator and author. getty My first big move in real estate was when I decided to move to New York City to become an actor and was inspired by the musical Rent. Ironically, this led to a
WASHINGTON, DC – OCTOBER 01: U.S. President Donald Trump walks to Marine One on the South Lawn of the White House on October 1, 2020 in Washington, DC. (Photo by Drew Angerer/Getty Images) Drew Angerer | Getty Images News | Getty Images President Donald Trump shared that he and first lady Melania Trump have tested positive for coronavirus on
Layoffs in several of the nation’s biggest industries are making headlines this week. The list includes Disney eliminating 28,000 employees connected to the coronavirus theme park shutdowns, United Airlines and American Airlines collectively planning to put 32,000 workers on furlough, and insurer Allstate cutting almost 4,000 jobs. But MKM Partners’ Michael Darda suggests it’s not the time to
Geneva. Allan Baxter | Getty Images The Swiss city of Geneva is to introduce a minimum wage of 23 Swiss francs ($25) an hour, equal to roughly 3,772 Swiss francs ($4,100) a month for a 41-hour working week. Nearly two-thirds of the canton, or state, of Geneva on Sunday voted in favor of introducing the
Tom Brenner | Reuters House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are still working on a compromise stimulus bill to help Americans cope with the coronavirus crisis. In an interview with Fox Business host Lou Dobbs on Wednesday, Mnuchin said second $1,200 stimulus checks that are “similar” to the first payments will be
Read my previous articles on FIA Interest Crediting Methods including point-to-point and participation rate. Another method for increasing the participation rate without introducing a cap is to add a spread to the FIA interest-crediting formula. Continuing with our same simple example in which we found a 56 percent participation rate, suppose the insurance company could
WASHINGTON, Sept. 10, 2020 — U.S. House Speaker Nancy Pelosi speaks during a press conference on … [+] Capitol Hill in Washington, D.C., the United States, on Sept. 10, 2020. U.S. Senate on Thursday failed to advance a slimmed-down Republican COVID-19 relief proposal, as lawmakers remain deadlocked over the scope and size of the much
More young consumers are enjoying their time at home. getty A new report by youth marketing experts YPulse titled “No Place Like Home” provides significant new insights on how the Covid pandemic has changed how Gen Z and Millennials view the homes. The following statement summarizes key findings: “As young people look to their spaces
Former Food and Drug Administration commissioner Dr. Scott Gottlieb told CNBC on Friday he believes the White House carefully considered all of its treatment options before it opted to give President Donald Trump the experimental coronavirus antibody cocktail from Regeneron Pharmaceuticals. “This was a wholly appropriate decision to give him active therapy, and then it just
Take a look at some of the biggest movers in the premarket: Walmart (WMT) – The retailer announced the sale of its British supermarket chain Asda for $8.8 billion. The buying group consists of private equity firm TDR Capital and the Issa brothers, founders of gasoline station chain EG Group. Uber Technologies (UBER) – Private
Elon Musk is a self-made multi-billionaire, largely due to the success of SpaceX and Tesla. But “to be frank,” Musk tweeted on Sept. 19, “in the early days, I thought there was >90% chance that both SpaceX & Tesla would be worth $0.” Still, Musk moved forward with the longshot businesses, personally investing millions. Musk,
U.S. President Donald Trump approaches reporters as he departs on campaign travel to Minnesota from the South Lawn at the White House in Washington, September 30, 2020. Carlos Barria | Reuters Shares of companies tied closely to the economy reopening declined on Friday as President Donald Trump’s positive Covid-19 diagnosis raised concerns about a second