A man fills out paperwork while waiting for his number to be called at an unemployment event in Tulsa, Oklahoma on July 15, 2020. Nick Oxford for The Washington Post | Getty Images Washington lawmakers say they are still optimistic that a coronavirus stimulus deal can go through. But if both political parties do not
Month: October 2020
The US Department of the Treasury recently issued the new National Strategy for Financial literacy. This is much needed, in particular in a time of crisis and a good part of the report is devoted to how to help people in these difficult times and the critical role of financial education. Since the start of
CHINA – 2020/08/13: In this photo illustration the American newspaper The New York Times (NYT) logo … [+] is seen on an Android mobile device with United States of America flag in the background. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images There is a good chance that the
Getty Images The entire drop in hiring activity in the US the beginning of the pandemic occurred in the principal cities of large metro areas, according to online jobs data. In the rest of the country, hiring activity is now above pre-pandemic levels. This city-center recession is likely to have long-term implications for business geography.
A United Airlines plane takes off above American Airlines planes on the tarmac at Los Angeles International Airport (LAX) on October 1, 2020. Mario Tama | Getty Images Airline shares surged Friday after House Speaker Nancy Pelosi vowed additional payroll support for carriers, asking them to hold off on tens of thousands of job cuts. Pelosi’s
Jeff Lawson, CEO, Twilio Scott Mlyn | CNBC Shares of cloud communications company Twilio rose as much as 10% in extended trading on Thursday after the company said in a filing that it expects more third-quarter revenue than the $401 million to $406 million range it had provided in August. Analysts polled by Refinitiv had
Check out the companies making headlines in midday trading. Twilio — shares of the cloud services company jumped 12% to a new all-time high after Twilio raised its forecast for third quarter revenue. The company said it is benefitting from the rise of remote work and education. Twilio is set to release its quarterly results
Apartment sales in Manhattan plunged by 46% in the third quarter, as homebuyers continued to flow to the suburbs and Florida, according to new reports. There are now about 10,000 apartments for sale in Manhattan, which would be a record, according to Compass. With so many new listings pouring onto the market and so few
CNBC’s Jim Cramer on Friday downplayed the stock market decline on President Donald Trump testing positive for the coronavirus, suggesting investors may want to consider buying on pullbacks. “I’m not saying this is much to do about nothing,” Cramer said on “Squawk Box.” ”I am saying that people should have a buy list ready.” Stock futures were sharply
AJ Watt | Getty Images If you’re worried about Covid-19 and want to virtually check in with your doctor following news of President Donald Trump’s positive test, there’s good news: Many major insurance companies are still waiving fees for such visits. Telehealth, or doctor visits done by video or telephone, have surged in popularity amid
CNBC’s Jim Cramer said Friday that he will soon be shuttering his New York restaurants due to the coronavirus pandemic but hopes to restart business when the public-health crisis improves. “I’m closing my restaurants and I’m closing them in 10 days,” Cramer said on “Squawk on the Street.” ”I’m mothballing them. When we get a vaccine,
By Richard Eisenberg, Next Avenue Managing Editor getty Retiring from full-time work can be scary financially, when you no longer have a steady paycheck to count on but still have bills to pay. That’s why my “Friends Talk Money” podcast co-hosts Terry Savage, Pam Krueger and I just devoted our latest episode to ways to
DULUTH, MN – SEPTEMBER 30: President Donald Trump speaks during a campaign rally at the Duluth … [+] International Airport on September 30, 2020 in Duluth, Minnesota. The rally is Trump’s first after last night’s Presidential Debate. (Photo by Stephen Maturen/Getty Images) Getty Images Following The New York Times blockbuster series on President Trump’s personal
getty In every great action movie, there’s a ticking-time-bomb element. If mortgage lending were an action movie, then rates are the time bomb. Since there’s no telling when rates will rise again, each week borrowers are either granted another chance to lock in a new low rate or the bomb blows and rates rise, destroying
US President Donald Trump makes his way to board Air Force One before departing from Andrews Air Force Base in Maryland on October 1, 2020. MANDEL NGAN | AFP via Getty Images LONDON — President Donald Trump on Friday confirmed he and first lady Melania Trump had tested positive for Covid-19, prompting many to seek
U.S. House Speaker Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) speak to reporters after their coronavirus relief negotiations with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows at the U.S. Capitol in Washington, U.S. August 7, 2020. Jonathan Ernst | Reuters The trading community is actively debating the
Usually when passengers find themselves sitting on a grounded commercial airplane, reactions range from impatience to downright anger. But these are not usual times. That’s one of several activities that Singapore Airlines is launching instead of what media reports have dubbed “flights to nowhere.” The airline announced this week it was abandoning plans for destination-less flights —
katleho Seisa It’s fairly easy to be befuddled by Medicare. With different coverage options, confusing enrollment deadlines and disparate cost-sharing among beneficiaries, ending up with faulty assumptions isn’t hard. However, some mistaken beliefs can be more costly than others. A survey of 1,000 Medicare beneficiaries explored their knowledge and found several misconceptions — related to
getty This article deals with the second provision that may limit the amount of Social Security benefit you are eligible to receive if are you a public sector/civil service employee under (STRS, PERS, CSRS, Railroad Retirement, etc.). Last month I wrote about the Windfall Elimination Provision (WEP) which is the other limiting provision. Read more
WASHINGTON, DC – APRIL 15: U.S. President Donald Trump listens as Vice President Mike Pence speaks … [+] during a daily briefing of the White House Coronavirus Task Force in the Rose Garden at the White House April 15, 2020 in Washington, DC. (Photo by Alex Wong/Getty Images) Getty Images Let’s talk about audits. I