As talks in Washington, D.C. over a new round of financial and economic stimulus continue, Stanford Graduate School of Business lecturer and small business advisor David Dodson doesn’t like what he sees on Main Street or for the U.S. economy. Dodoson, who once ran for the U.S. Senate in Wyoming and has served as CEO
getty Covid ruined everything. It abruptly halted a humming economy. Worse, it cost many their jobs as state governments shuttered entire industries. Congress, in an attempt to stave off immediate cash flow short-falls, passed the CARES Act hoping to help those who lost income as a result of these shut downs. As with all good
WASHINGTON, DC – SEPTEMBER 30: Sen. Chuck Grassley (R-IA), speaks during a hearing on Wednesday, … [+] September 30, 2020 on Capitol Hill in Washington, DC. The committee is exploring the FBI’s investigation of the 2016 Trump campaign and Russian election interference. (Photo by Stefani Reynolds-Pool/Getty Images) Getty Images Senators Grassley, Daines and Roberts have
Halting stimulus talks could have sweeping effects for American renters. getty President Trump’s recent waffling on potential stimulus efforts could have sweeping effects for American renters. According to a new report from public policy think tank the Urban Institute, about 5.3 million renter households are dealing with a job loss. Though state unemployment helps, a
The Commission on Presidential Debates is taking extra precautions at Wednesday night’s Vice Presidential debate given the coronavirus outbreak in the White House, but pictures of two curved plexiglass barriers they plan to use has some epidemiologists and airborne pathogen specialists scratching their heads. Vice President Mike Pence and Sen. Kamala Harris will be seated more than
A Levi’s logo on the window of a Levi Strauss & Co. store in London. Chris Ratcliffe | Bloomberg | Getty Images Levi Strauss & Co. shares soared more than 9% Tuesday after the denim maker reported online sales growth of 52%, which helped offset losses elsewhere in the business during the fiscal third quarter. Overall,
The beginning of 2020 created a unique moment for retail trading: Increased market volatility, stay-at-home orders, and zero commission fees across all trading platforms created a surge in activity and an increase in first-time traders. These first-time traders, many in their 20s and 30s, found the stock market accessible. High prices had kept many on
A 67-million-year-old T. rex specimen, named Stan, will be auctioned off by Christie’s on Oct. 6 and will be on display in the windows of Christie’s Rockefeller Center starting Wednesday. Robert Frank | CNBC A fossilized Tyrannosaurus rex, nicknamed Stan, sold at auction for $31.85 million, becoming the most expensive dinosaur fossil ever sold. The
An artist’s depiction of Momentus’ Vigoride spacecraft deploying satellites. Momentus Stable Road Capital will take space transportation specialist Momentus public through a SPAC deal that values the company at $1.2 billion, the firm announced on Wednesday. The acquisition is expected to close early next year, with Momentus to be listed on the Nasdaq under the
Cavan Images | Cavan | Getty Images Things may go green in four states this fall, as voters will decide on legalizing and taxing marijuana. Arizona, Montana, New Jersey and South Dakota all have measures up for a vote to legalize and levy recreational marijuana. Thus far, 11 states have legalized recreational pot: Alaska, California,
Getty Images President Donald Trump is calling for Congress to move on approving a second round $1,200 stimulus checks to millions of Americans. But don’t count the money just yet. The president tweeted on Tuesday night he supports standalone legislation to authorize those payments. That was a reversal from his position earlier in the day,
After calling off broader talks on an economic stimulus package, President Trump reversed course Tuesday night, urging Congress to approve smaller relief measures, including funding for small-business loans. Yet there is still a great deal of uncertainty about when another stimulus bill will deliver emergency aid to millions of Americans impacted by the Covid-19 pandemic,
PARIS, FRANCE – FEBRUARY 12: In this photo illustration, a visual representation of the digital … [+] Cryptocurrency, Bitcoin is displayed in front of the Bitcoin course’s graph on February 12, 2020 in Paris, France. The price of Bitcoin is rising and has once again passed above the very symbolic bar of 10,000 US dollars.
In the election season there seems to be little that we can find common agreement across the political divide. However, there is one issue that finds Americans united – support for whistleblowers and protecting whistleblowers. A recent Marist poll conducted on behalf of the Whistleblower News Network shows overwhelming support for whistleblowers – and legislation to
In two or three years, when New York is fully New York again, today’s buyers will feel confident … [+] that these purchases represented smart, future-oriented thinking. Getty Are there actual people of means who are NOT running from New York as fast as they can? With no theater, no concerts, little indoor dining at
Guitarist Eddie Van Halen of Van Halen performs on stage at Sleep Train Amphitheatre on September 30, 2015 in Chula Vista, California. Daniel Knighton | Getty Images Eddie Van Halen, guitarist and co-founder of Van Halen, has died after a long battle with throat cancer. He was 65. Van Halen’s son Wolfgang confirmed the musician’s
Investor Peter Boockvar believes Wall Street is on the cusp of taking inflation more seriously. With the 10-year and 30-year Treasury Note yields trading around four-month highs, the Bleakley Advisory Group chief investment officer warns high inflation paired with slower economic growth, otherwise known as stagflation, is becoming a major risk. “A stagflationary-type environment, if
Saul Loeb | AFP | Getty Images LONDON — Billionaire wealth jumped by more than a quarter during the height of the coronavirus crisis, according to new research, with a rally in stock markets helping the wealth of the world’s richest surpass the $10 trillion mark for the first time. The “Riding the storm” study,
Finding the right financial advisor to help with your financial needs and goals can be complicated. There are so many things to consider. Many advisors use a big assets-under-management figure as a selling-point when marketing themselves to investors. However, AUM isn’t the whole story when a potential client is determining which firm is right for
Westend61 | Westend61 | Getty Images A key deadline is around the corner for millions of procrastinating taxpayers. About 12 million people took an extension to file their 2019 tax returns, according to data from the IRS. That’s down from the 15 million extension requests the agency received last year. The drop-dead date to get