getty Hundreds of thousands of small businesses and millions of people have been waiting for a second round of Paycheck Protection Program (“PPP”) loans to keep businesses and professionals operational. Congress will hopefully answer the prayers of these borrowers, their employees, and Warren Buffet by enacting the “Emergency Coronavirus Relief Act of 2020” next week.
Month: December 2020
MT PLEASANT, WI – JUNE 28: U.S. President Donald Trump (C) breaks ground along with Wisconsin Gov. … [+] Scott Walker (L) and Foxconn CEO Terry Gou (R) at the 2018 groundbreaking for the highly subsidized Foxconn plant in Wisconsin. The project failed to meet job and development goals even with almost $4 billion in
There is considerable evidence that all residents benefit from diverse, inclusive communities. getty In an effort to reverse the Trump administration’s legacy on weakening enforcement of fair housing laws, the National Fair Housing Alliance (NFHA) has released a detailed policy roadmap for the incoming Biden-Harris administration and the 117th Congress to ensure communities of color can bounce back in
England’s top medical officer on Saturday announced that the U.K. has identified a new variant of the coronavirus that “can spread more quickly” than prior strains of the virus, leading Prime Minister Boris Johnson to impose fresh restrictions on parts of the nation to control its spread. “We’re learning about it as we go, but
wera Rodsawang | Moment | Getty Images As you check off your to-do list for the end of the year, don’t forget to look at your retirement savings. Whether it is an individual retirement account, an employer-sponsored plan like a 401(k) or a brokerage account, assessing your portfolio is crucial. That means checking to see
15th July 1992: Democratic politician and Governor of the state of New York, Mario Cuomo, … [+] addressing the Democratic convention and nominating Bill Clinton for the Democratic presidential nomination. (Photo by Rick Friedman/Consolidated News Pictures/Getty Images) Getty Images When I write about well-funded pension plans, it’s generally to make a plea for risk-sharing plans,
WASHINGTON, DC – DECEMBER 16: House Majority Leader Steny Hoyer (D-MD) walks out of the House … [+] Chamber and talks to reporters at the U.S. Capitol on December 16, 2020 in Washington, DC. House Speaker Nancy Pelosi hosted a meeting as congressional negotiations on spending and economic relief legislation continued. (Photo by Tasos Katopodis/Getty
Interest rates are the lowest they have ever been. Getty As we near the end of the year, mortgage interest rates continue to rock bottom yet again. Rates for a 30-year, fixed-rate loan closed out the week of December 17 at 2.67%, four basis points lower than the previous low of 2.71% seen for the
G2 Esports fans during Quarter Finals League of Legends World Championship match between G2 Esports and Damwon Gaming on October 27, 2019 in Madrid, Spain. Borja B. Hojas | Getty Images For the uninitiated, think of esports like you would any other sport. Instead of baseball, hockey, chess or curling, it’s video games like CSGO,
A Lufax flag on display during an event in Shanghai, China to launch the company’s initial public offering on the New York Stock Exchange. Arjun Kharpal | CNBC BEIJING — Investor appetite for Chinese companies in U.S. stock markets rose to a six-year high in 2020 despite tensions between the two countries. China-based companies raised
When a Covid-19 outbreak emerged at one of Rob Katz’s Colorado ski resorts in March, he knew it was going to be a game changer. “It was a defining moment,” the Vail Resorts CEO told CNBC. “I immediately felt a different level of responsibility.” That was true not only for the mountain holiday operator’s 34
Signage stands on the building of a Public Storage facility in San Francisco, California, U.S., on Friday, April 21, 2017. David Paul Morris | Bloomberg | Getty Images Elliott Associates sees a runway beneath Public Storage, and is pushing the self-storage company to boost investment and catch up to industry peers’ growth. The company is
Randy Chase, 57, does masonry work on construction crews. With unemployment benefits stalled since April and no savings left, he’s been living in his pickup truck outside of Denver since September, using an electric heater to keep warm. Randy Chase Randy Chase has lived in his pickup truck for months. Luckily, the tiny cab of
getty Quick, did you look at your calendar? The year is almost over. Were you able to get everything done that needed to get done? And what about planning for your retirement? Did you forget about that? As the end of the year approaches, you may find yourself up against important deadlines. There’s still time
Economic Security Planning, Inc. Today’s column addresses questions about how income earned after filing can increase benefit rates, working and the earnings test while collecting a widow’s benefit and whether and how benefits can increase at FRA after withholdings due to the earnings test. Larry Kotlikoff is a Professor of Economics at Boston University and
Crossprairie will be a master-planned community in Osceola County, consisting of 5,000 homes and … [+] more than two million square feet of commercial space. BTI Partners With young families and professionals increasingly priced out of the Orlando residential market, there’s a place not far away poised for exponential growth. That setting is Osceola County,
Giannis Antetokounmpo of the Milwaukee Bucks Gregory Shamus | Getty Images The Milwaukee Bucks crediting a boost in merchandise sales to Giannis Antetokounmpo. Just moments after the National Basketball Association’s reigning MVP posted on his Instagram account that he’s staying with the team until at least 2026, the “Giannis effect” went into overdrive, especially around
Check out the companies making headlines in midday trading. Tesla — Shares of the electric vehicle company jumped more than 1% to a new all-time high ahead of Tesla’s inclusion in the S&P 500. The stock will be added to the benchmark index before the opening bell on Monday based on Friday’s closing prices. There
Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, Nov. 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images A surge in coronavirus cases in California has led to a four-month delay in the
Stanley Druckenmiller (L) and Paul Tudor Jones CNBC A herd of new, big investors are scooping up bitcoin this year as the price more than doubles. Investors who bought at least 1,000 bitcoins — worth roughly $23 million at Friday’s price — and have had an account open for less than a year, drove significant
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