CNBC’s Jim Cramer on Thursday advised investors to not buy shares of Regeneron Pharmaceuticals, simply because President Donald Trump touted the company’s potential coronavirus treatment. Regeneron’s stock was higher by 2% on Thursday. In a video posted Wednesday, Trump claimed that Regeneron’s experimental antibody treatment for Covid-19, which the president received for his illness, was “a cure.”
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Gassman, Crotty & Denicolo, P.A. Yesterday the SBA released the new Form 3508S (you can remember the new Form by the poem shown at the end of this article), together with an interim final rule, which is a very nice surprise for PPP borrowers who received loans of $50,000 or less. This comes on the
U.S. President Donald Trump waves upon return to the White House from Walter Reed National Military Medical Center on October 05, 2020 in Washington, DC. Win McNamee | Getty Images News | Getty Images Millions of Americans have been waiting for Congress to pass another stimulus package that would deliver them financial relief during one
If you had told me at the end of last year’s filing season that this year’s would have been worse, I would not have believed you. No one would. Implementing the Tax Cuts and Jobs Act (TCJA) that was passed in a whirlwind at the very end of 2018 required a herculean effort from CPAs,
Expo floor at the International Builders Show, one of the largest trade shows in the United States. … [+] (Photo by Roberto Gonzalez/Getty Images) Getty Images When one of the largest trade shows in an industry goes virtual, the announcement makes major waves. That was the case today when Design & Construction Week, the successful
U.S. Department of Health and Human Services ADM Brett P. Giroir testifies before the House Committee on Energy and Commerce on the Trump Administration’s Response to the COVID-19 Pandemic, on Capitol Hill in Washington, DC, June 23, 2020. Kevin Dietsch | Pool via Reuters A top official from the Department of Health and Human Services on
Check out the companies making headlines in midday trading. Zoom Video — Shares of the video conferencing company gained more than 3% after Mizuho initiated coverage on the stock with a buy rating and $550 target. “We believe Zoom can continue to deliver outsized revenue growth due to its position as a market leader, its global
More than 26 million Americans are currently collecting unemployment benefits, according to the Labor Department. Of those, over 13 million are relying on pandemic-related programs for benefits, as they would not normally be eligible. But further stimulus package negotiations remain at a standstill, even as experts urge Congress to take action. More waiting could “lead to a weak recovery,
CNBC’s Jim Cramer on Thursday highlighted multiple parts of the market where he sees stock prices rising and can continue to rise, whether lawmakers in Washington agree to another round of stimulus spending or not. American consumers and small businesses, grappling with double-digit unemployment and a pandemic-induced downturn, are waiting to see if lawmakers will
miodrag ignjatovic Taking steps to sort out your finances, including increasing your financial knowledge, can help alleviate money stress in times of uncertainty. Financial stress is nothing new for many Americans, and the coronavirus pandemic has exacerbated anxiety for a lot of people. As many as 84% said in September that the Covid-19 crisis is
MARLBOROUGH, MA – AUGUST 19: Sr. Jeanne Fregeau, 93, waits for her morning medication at St. … [+] Chretienne Retirement Residence. Since COVID-19 spread through the facility in April the chapel has been closed, leaving the residents to watch Mass on television. (Photo by Craig F. Walker/The Boston Globe via Getty Images) Boston Globe via
Close up man hand arranging wood block stacking as step stair on paper pink background. Business … [+] concept growth success process, copy space. getty During the 2020 Presidential campaign Democratic candidates have made many proposals for changes to the tax code, ranging from changes to the tax rates to the imposition of new 5%
Owners excavated forty feet of cliffside to build the addition to the house Brian Kitts/Steel Blue As San Francisco’s property market continues with a slowdown, there are certain highly coveted pockets of land still riding a bullish wave. Sea Cliff, home to the likes of Marc Benioff and Jack Dorsey, sits in small northern corner
SINGAPORE — First there were flights to nowhere, now there are cruises to nowhere. This week, Singapore announced a pilot program where cruises will make round trips to the city-state with no port of call in between. Capacity would be limited to 50% and passengers must be Singapore residents. The move is a fresh attempt to
The White Lion pub seen at the Covent Garden. UK Covid-19 cases are now doubling every seven to eight days, Prime Minister Boris Johnson is considering national restrictions for a short period to “short-circuit” the virus. SOPA Images | LightRocket | Getty Images LONDON – The U.K. economy grew 2.1% in August on a monthly
Some are calling it “a la carte stimulus,” with aid for airlines in Column A, PPP aid in Column B. Whatever it is, hopes for stimulus — preelection, postelection, comprehensive package, stand-alone deal, whatever and whenever — is supporting breakouts in cyclicals like industrials, materials, consumer discretionary and banks. Many big names like Caterpillar, Eaton
More than 637 million people traveled within China over the past week in celebration of the country’s annual “Golden Week,” the country’s government said on Friday. The government estimates domestic travelers generated around 466 billion yuan ($68.6 billion) in tourism revenue during the holiday period. Two holidays converged this year: National Day, which celebrates the founding
Democratic vice presidential nominee Senator Kamala Harris speaks during the vice presidential campaign debate with U.S. Vice President Mike Pence held on the campus of the University of Utah in Salt Lake City, Utah, October 7, 2020. Lucy Nicholson | Reuters During the vice presidential debate on Wednesday night, Sen. Kamala Harris, D-Calif., had a
WASHINGTON, DC – OCTOBER 08: Speaker of the House Rep. Nancy Pelosi (D-CA) during the Weekly News … [+] Conference on Capitol Hill on October 08, 2020 in Washington, DC. Pelosi spoke on the uncertainty around negotiations of another emergency COVID-19 relief package. (Photo by Tasos Katopodis/Getty Images) Getty Images Will President Trump put together
Brooklyn is foundational to NYC’s recovery. Ariel Property Advisors On September 22, Industry City’s proposed rezoning and expansion joined Amazon HQ2 in Queens as another major multi-faceted neighborhood development to be scrapped after community opposition and a lack of support from local officials. These reversals of fortune for major developments represent a sea change in