A China Eastern Airlines aircraft stands on the tarmac at the Pudong International Airport in Shanghai, China, on Monday, June 8, 2020. Qilai Shen | Bloomberg via Getty Images China’s struggle against the economic overhang of the coronavirus is far from over. Renewed limits on social activities has dampened the pace of recovery, as evident
Wells Fargo Securities’ Christopher Harvey believes the market is underestimating a major risk — and it’s not the coronavirus. According to the firm’s head of equity strategy, a Joe Biden presidential win could throw Wall Street a curve ball and hurt the recovery. “We just don’t think it’s fully priced into the market place at this
Adam Clayton, Bono, the Edge and Larry Mullen Jr. of Irish rock band U2, arriving at Mumbai international airport for the “Joshua Tree Tour” on December 12, 2019 in Mumbai, India. Prodip Guha/Getty images David Howell Evans, known as the “the Edge” and Adam Clayton, from the rock band U2, are backing a new technology
A patient arrives to Wyckoff Hospital in Brooklyn, New York, on April 5, 2020. Bryan R. Smith | AFP | Getty Images An unfortunate side effect can accompany a job loss: no more employer-subsidized health insurance. For people age 65 or older in that situation, Medicare is generally the solution. While some in that age
Workers protest (Photo by VALERIE MACON / AFP) (Photo by VALERIE MACON/AFP via Getty Images) AFP via Getty Images As the nation the moves into an uncertain and wobbly relationship with the Covid-19 virus, it would be both just and smart to pay more to essential workers for risking their lives in the field. Hazard
Road work during highway repaving and widening project slows traffic. (Photo by: Education … [+] Images/Universal Images Group via Getty Images) Universal Images Group via Getty Images House Speaker Nancy Pelosi (D-CA) has rolled up many different committee bills into a single, massive 2,300-page, $1.5 trillion infrastructure package that the Democratic-controlled House likely will pass
London is big, brash and frequently annoying, but ultimately diverse in its energy and cosmopolitan … [+] way of life that keeps drawing people to this nation’s capital. Getty The past months under lockdown have led a unique and exploratory experiment in what it means to work from home, or to otherwise spend more time
Adenilson Souza Costa, 47 years, and his coworkers wearing protective gear carry a coffin at Vila Formosa Cemetery amidst the coronavirus (COVID-19) pandemic on May 18, 2020 in Sao Paulo, Brazil. Alexandre Schneider | Getty Images The coronavirus has now killed more than 500,000 people around the world as the number of confirmed infections exceeded
Traders wearing masks work inside posts, on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Brendan McDermid | Reuters U.S. stock futures fell on Sunday night as coronavirus cases
A worker on a Chesapeake Energy natural gas rig in Fort Worth, Texas Matt Nager | Bloomberg | Getty Images Chesapeake Energy, the poster child of the U.S. shale revolution, filed for bankruptcy protection on Sunday. The move comes as the company and industry more broadly has been rocked by a drop in oil and
The reception desk at luxury boutique property Diamond Mills Hotel & Tavern in Saugerties, New York, features sneeze guards. Guests and staff must wear face masks in public areas. Gina Hornbeck/Diamond Mills Hotel & Tavern Like most components of travel in the Covid-19 era, hotel check-in has changed — perhaps, in many ways, for good.
Getty Many people relate to 401(k) and 403(b) plans, which feature optional employer matching contributions. (There are other plan types such as the SIMPLE plan, which offers an employer match, which we are leaving out of this article.) Some employees say that if the company does not match their contribution, they simply won’t save. But
Economic Security Planning, Inc. Today’s column addresses questions about whether delaying filing is always merited, paying back taxes, whether filing early to avoid potential cuts to Social Security makes sense, disability and survivor benefits and filing options during the pandemic. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president
Call it what you will. The Covid-19 pandemic. The Great Lockdown. The Coronavirus Recession. Whatever label you give it, it remains unprecedented. Never in history has more than 60 percent of the global population come under this kind of lock-and-key restrictions all at once. The effects of the shutdowns range country to country. But in
NBA Commissioner Adam Silver speaks to the media after the Board of Governors meetings on July 12, 2016 at the Encore Hotel in Las Vegas, Nevada. David Dow | NBAE | Getty Images It’s on to phase two for the National Basketball Association’s reopening after the league finished the first phase by finalizing comeback plans
Mastercard credit cards Roberto Machado Noa/ LightRocket via Getty Images How to find compelling stocks primed to outperform during a volatile second half of the year? Here are a few of the names the best-performing Wall Street analysts are betting on right now. As fears of a resurgence in the coronavirus sweep the globe, it could
PeopleImages | E+ | Getty Images Deciding when to take your Social Security retirement benefits is a crucial decision no matter when you make it. Making that call during the coronavirus pandemic can raise the stakes. That’s because the age at which you decide to claim will lock in the amount of monthly income you
©hd3dsh – stock.adobe.com Personalizing your response to 2020’s Bear Markets, Recession, Pandemic and the rest of the hurdles to building and protecting wealth It’s just another lazy summer in the midst of a boring, nondescript year. Oh, wait, that was last year’s message at this time. 2020 has been a time of great adjustment for
Ice Cube: Why are we paying taxes right now? (Photo by Stephen J. Cohen/Getty Images) Getty Images Rapper-turned-Hollywood celeb Ice Cube has some advice for Washington’s coronavirus relief efforts that Wall Street will absolutely love: read his lips, don’t pay taxes. The Compton rapper was responding to a Time magazine report that highlighted how a
Brokers are seeing foreign buyers looking to scoop up real estate deals in Manhattan. Getty As the New York real estate industry navigates a new normal of slow sales and an oversupply of luxury listings, investment interest is coming from an unexpected place — Italy. Italian buyers, seeking a place to park their money as