Month: April 2020

Experiencing intense flashbacks, nightmares, irritability, anger, and fear? In the face of a traumatic event like the Covid-19 pandemic, it’s common to feel this way. While many people associate post-traumatic stress disorder with something like war, it’s a chronic psychiatric disorder that can occur in people who have experienced or witnessed a traumatic event, such as
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filadendron As small businesses sought emergency federal loans, financial advisors not only assisted clients, but also applied for aid to bolster their practices. The Paycheck Protection Program, the $349 billion small-business loan offering, ran out of money on April 16 after being open for close to two weeks. More than 1.6 million businesses were approved
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The historic $2.2 trillion stimulus package dramatically expanded unemployment insurance benefits for the millions of workers losing jobs and wages during the coronavirus pandemic. But while the relief bill was signed into law on March 27, it’s taken weeks for the U.S. Department of Labor to roll out guidelines to states, which administer unemployment programs, on how
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Secretary of the Treasury Steven Mnuchin speaks with President Donald J. Trump and members of the coronavirus task force during a briefing in response to the COVID-19 coronavirus pandemic on Thursday, April 02, 2020 in Washington, DC. (Photo by Jabin Botsford/The Washington Post via Getty Images) The Washington Post Veterans and their family members will
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Frontier Airlines planes stand at gates on the A Concourse at Denver International Airport in Denver. David Zalubowski | AP More government aid and health checks for travelers will be needed to get the airline industry through the coronavirus crisis, according to longtime discount-airline investor Bill Franke. Air travel in the U.S. has plummeted by more than
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Procter & Gamble on Friday reported that its fiscal third-quarter U.S. sales surged 10% as consumers stocked up on staples like Charmin toilet paper and Bounty paper towels ahead of the coronavirus outbreak. But the consumer products giant cut its revenue forecast for fiscal 2020, citing headwinds from foreign currency. Shares of the company rose less
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Charlie Munger Lacy O’Toole | CNBC Speculation about what Berkshire Hathaway‘s Warren Buffett is doing during this crisis is a common topic among investors these days, with most expecting the “Oracle of Omaha” to make a classic value purchase during this tumultuous time or a rescue cash infusion to a struggling company he likes over the
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