An airline employee walks past empty American Airlines check-in terminals at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 12, 2020. ANDREW CABALLERO-REYNOLDS American Airlines has recently detailed severance packages for high-level employees if they are laid off when the terms of federal aid expire in the fall, people familiar with the matter said.
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Around the world, businesses closed amid the Covid-19 pandemic have slowly started the process of reopening. But even reopening comes with some risk, so many businesses have come up with creative and safe ways to reduce the likelihood of transmission. From plexiglass barriers separating customers from employees, to parking lot waiting rooms, here’s what you
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Make financial freedom not retirement your exit. Getty The word retirement is emotionally charged. Those who are young see it as far off in the future, usually because they associate it with being old. Others see it as a time of doing nothing and may think, “I’m not ready for that.” Many want to do
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Economic Security Planning, Inc. Today’s column addresses questions about whether it’s still possible to delay filing till 70 if a spouse files at 66, getting both retirement and child-in-care spousal benefits, the calculation of divorced spousal benefits, the earnings test and uncompleted online applications. Larry Kotlikoff is a Professor of Economics at Boston University and
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Entrepreneurs Julien and Kiersten Saunders are well on their way to achieving financial independence by growing their digital business, creating multiple revenue streams and putting the majority of their disposable income into low-cost index funds, where it can grow over time. They’re part of the FIRE (financial independence, retire early) movement, which embraces the concept of saving
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The coronavirus pandemic altered society in immeasurable ways, including, of course, investing. Stocks that benefited from people staying home, such as Netflix and Zoom Video, outperformed expectations in the past few months, while retailers and airline companies, among others, saw their stocks fall off a cliff. And now some of those worst-performing stocks of March
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More than half of U.S. travelers planning to book trips will not insure their purchase, according to a survey of more than 1,200 Americans by ValuePenguin. That’s despite the near-shutdown of global tourism, the struggle to get refunds on canceled spring and summer travel plans, and lingering questions over how and when airlines, cruise lines,
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By Richard Eisenberg, Next Avenue Editor Getty In challenging times like these, the topic of investing wisely can seem somewhat unimportant. But while your physical and mental health are clearly paramount, you’ll also want to take good care of your finances. That’s why two personal finance experts and I just released the new investing episode
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As the global death of Covid-19 nears 400,000, U.S. health officials are keeping a close eye on caseloads and hospitalization rates as states continue to relax their lockdown measures and reopen different types of businesses. U.S. cases have been climbing since Memorial Day, but New York City this week reached an optimistic milestone: on Friday,
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