Restaurants in San Francisco began opening patios and sidewalks to diners for the first time in three months as of June 12. Photographer: David Paul Morris/Bloomberg via Getty Images States are reopening and millions of people have returned to work. In some cases, those workers may be able to continue collecting unemployment benefits. That pay
As retail sales pick up again, National Retail Federation CEO Matthew Shay said he wants to make sure small and mid-sized stores and restaurants can make a comeback, too. “They get hit harder and they get hit first and so we need to bring them back quickly,” he said on CNBC’s “Squawk Box.” Retail sales
TOPLINE Stocks are jumping sharply Tuesday morning thanks to a record surge in retail sales last month, additional support from the Federal Reserve and hopes for more government stimulus. Stocks look set for a strong rally on Tuesday. Spencer Platt/Getty Images KEY FACTS The Dow Jones Industrial Average was up 3.1%, over 800 points, at
Economic Security Planning, Inc. Today’s column addresses questions about how SSA determines spousal benefit amounts, COLAs and survivor benefits, when COLAs and delayed retirement credits are applied, the WEP and multiple pensions and the effect of the family maximum on child benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
Google logo is displayed on the company’s headquarters in Chelsea section of New York City. (Photo … [+] by Ramin Talaie/Corbis via Getty Images) Corbis via Getty Images The coronavirus might have convinced the major tech CEOs to order their work force to stay at home until a vaccine is approved, but my bet is
San Francisco Giants Shortstop Brandon Crawford (35) tries his hand at the TV camera before the Major League Baseball game between the San Diego Padres and San Francisco Giants on August 29, 2019 at Oracle Park in San Francisco, CA. Bob Kupbens | Icon Sportswire | Getty Images) Major League Baseball is finalizing a new
A “Sold” sign is displayed outside a home under construction at a Lennar Corp. development in Montgomery, Illinois. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines after the bell. Lennar — Shares of the homebuilder whipsawed and fell 1% in extended trading after Lennar released its second-quarter financial results, which beat
An increasing number of countries around the world are welcoming back international travelers for the summer, after a period of lockdown due to the coronavirus. However, with vaccines and treatments for the virus still in development, traveling safely is important. If paying up for your own private plane has crossed your mind as the dream
Karen Ducey | Getty Images So you’ve enrolled in Medicare and have determined that a supplement plan — aka, “Medigap” — is an appropriate add-on for you. There may be more decisions to make. While Medigap policies are standardized regardless of which insurance company sells them and where you live, the premiums can vary from
Jovita Carranza, Administrator of the U.S. Small Business Administration, testifies at the Senate Small Business and Entrepreneurship Hearings to examine implementation of Title I of the CARES Act on Capitol Hill in Washington, DC, June 10, 2020. Kevin Dietsch | Pool via Reuters The Small Business Administration is reopening its Economic Injury Disaster Loan and
By Grace Birnstengel, Next Avenue Editor Getty Right now, the idea of justice is on the minds and hearts of the masses. Justice is sought for anyone who is wronged. Justice can be defined by an individual and looks differently for everyone. Acts of injustice are seen on large scales against historically marginalized groups: People
Getty As the numbers of those affected by COVID-19 continue to climb, the Internal Revenue Service (IRS) is providing guidance for employers whose employees take advantage of leave donation programs because of the COVID-19 pandemic. Typically, employer-sponsored “leave donation” programs allow employees who have accrued sick, vacation, or personal leave that they don’t need to
House plants can help purify the air in your home or apartment. Getty Houseplants help create a welcoming environment in your living space. They can also improve your home’s indoor air quality, which is especially beneficial when so many of us are spending so many more hours indoors. NASA did a study on plants’ power
A pharmacy tech holds a bottle and a pill of Hydroxychloroquine at Rock Canyon Pharmacy in Provo, Utah, on May 20, 2020. George Frey | Getty Images The Food and Drug Administration warned Monday that Covid-19 patients taking anti-malaria drug hydroxychloroquine along with antiviral drug remdesivir may weaken the effectiveness of the latter. The FDA
The stronger dollar era may be on borrowed time. Stephen Roach, one of the world’s leading authorities on Asia, is worried a changing global landscape paired with a massive U.S. budget deficit will spark a dollar crash. “The U.S. economy has been afflicted with some significant macro imbalances for a long time, namely a very
Ivory Johnson is the founder of Delancey Wealth Management and a member of the CNBC Financial Advisors Council. In this interview, I asked him how issues of social justice interact with issues of economic justice. Johnson told me it starts with a simple question: What creates wealth? Johnson, a certified financial planner, discusses tax policies
Spencer Platt | Getty Images JPMorgan Chase will bring more of its trading personnel back to its New York headquarters starting next week, according to a person with knowledge of the bank’s plans. Since the coronavirus pandemic took hold in New York in March, most of the bank’s traders and salespeople have worked from home.
Larry Kudlow, director of the U.S. National Economic Council, speaks to members of the media outside the White House in Washington, D.C., U.S., on Monday, June 15, 2020. Photographer: Stefani Reynolds/CNP/Bloomberg via Getty Images The Trump administration wants to end enhanced unemployment benefits and replace them with a different policy, according to a senior aide.
U.S. Treasury Secretary Mnuchin announces new sanctions on Iran in the Brady Press Briefing Room of the White House in Washington, January 10, 2020. Kevin Lamarque | Reuters Treasury Secretary Steven Mnuchin said on Monday he will be talking with the Senate and others on a “bipartisan basis” about striking a balance between protecting the
By Richard Eisenberg, Next Avenue Editor Imani Woody, Larry Curley, Ron Long Next Avenue What does the future of aging in America look like? For answers, every year we ask some of our newest Influencers in Aging to offer their views at the American Society on Aging’s Aging in America conference. The pandemic turned this