As many U.S. states continue to lift coronavirus lockdown restrictions, some are pausing their reopenings in the face of worrisome data around new cases and hospitalizations. States like Texas, Arizona and Arkansas have seen a surge in infections, calling into question aggressive reopening strategies. Officials at the Centers for Disease Control and Prevention said Friday
Month: June 2020
The stock market is doing pretty well amid the coronavirus recession. You probably won’t benefit. MicroStockHub The stock market has proved freakishly immune to the economic suffering inflicted by the coronavirus pandemic, posting some of its largest gains in history even as members in 1 in 2 American households have lost income. Yet the fact that the market
Willie the Wildcat fires up the fans in the first quarter of a Big 12 football game between the West Virginia Mountaineers and Kansas State Wildcats on November 16, 2019 at Bill Snyder Family Stadium in Manhattan, KS. Scott Winter | Icon Sportswire | Getty Images For Russ Loub and the Little Apple Brewing Co.,
When Kevin O’Leary was fired from his first job at an ice cream shop as a teenager, he realized he wanted to be his boss. “I made up my mind that day…. And I’ve never worked for anybody ever since,” he previously told CNBC Make It. And on CNBC’s new webisode series “Got a Money Dispute? Ask Kevin,” O’Leary gave
Jeffrey Ubben Source: BusinessWire Company: Enviva Partners LP (EVA) Business: Enviva is a supplier of utility-grade wood pellets to power generators. The company procures wood fiber and processes it into utility-grade wood pellets and loads the finished wood pellets into railcars, trucks and barges that are transported to deep-water marine terminals, where they are received, stored
Marina Pointe is among the new highly walkable communities along waterfronts in Tampa, Fla. BTI Partners Back in the 1970s, between years of grad school, I rode the rails around the country on an Amtrak railpass. When the pass and my cash expired, I found myself in Tampa. I got a room at the fleabag
Somerville’s Division St., a usually bustling pedestrian street, pictured from Main Street. In the front of the image is a sign for Somerville’s weekly cruise nights, which are “on hiatus due to Covid-19.” June 9, 2020. Will Feuer Somerville, New Jersey has enjoyed a rising tide in recent years. Main Street is usually bustling, drawing
A sign is posted in front of a Hertz car sales and rental car office on August 8, 2017 in South San Francisco, California. Getty Images Check out the companies making the biggest moves in midday trading Friday: Adobe — Shares of the software company jumped more than 4% following second-quarter earnings results. Adobe reported a profit
Matt Marfoglia, a waiter at the Tasting Kitchen in Los Angeles, was furloughed in March. Enhanced unemployment benefits are helping him make ends meet financially, but they may end after July. Matt Marfoglia Matt Marfoglia was living paycheck to paycheck before the coronavirus pandemic. Now, while unemployed, he’s barely scraping by. The 51-year-old was furloughed
There are around 3.5 million truck drivers in the United States. Their average salary is close to $60,000 a year. Training to get your Class A Commercial Driver’s License takes about seven weeks if you go fulltime. You will also need to be 21 if you plan to drive across state lines. Trucking comes in
In 1981, 26-year-old Bill Gates found the time to create one of the world’s earliest computer games. Called Donkey.bas, or just “Donkey,” it was essentially an old-school arcade driving game where players steered a digital racecar down a straight highway littered with, well, donkeys. The point of the game, simply, was to avoid crashing into the
A trader walks by the New York Stock Exchange (NYSE) on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City. Spencer Platt | Getty Images Traders baffled by the unprecedented market whipsaw are scrambling to buy protection against more rough sledding ahead.
We generally understand that older people are at greater risk than younger people for becoming ill from COVID-19. But everyone wants to get “back to normal”. That meant a more casual attitude and way of living that was not based on fear of catching a very contagious, potentially deadly disease. For our aging parents, those
In-and-out investors do worse than long-term holders. There are numbers to prove that. Timing is everything Getty Are mutual fund investors impulsive? Do they jump into a fund after a winning streak and then sell out, in despair, after a bad stretch? I tested this hypothesis by going to Morningstar MORN , the securities analysis
U.S. Treasury Secretary Steven Mnuchin told the Senate Small Business and Entrepreneurship Committee … [+] on June 10th that it’s too early to discuss another stimulus bill. (Photo credit: Al-Drago) Getty A speedy round of extra stimulus funds, as the economy continues to recoil due to the coronavirus, seems less and less likely every day,
Getty Just when you think it’s safe to go back to the beach, the viral predator returns for a second time. If you’re hoping for a quick rebound in the economy following our initial bout with coronavirus, be prepared for the possibility of more bad news, especially if you’re unlucky enough to work in the
Minneapolis Police Chief Medaria Arradondo addresses the media, Wednesday, June 10, 2020 in … [+] Minneapolis. The press conference follows the Memorial Day death of George Floyd in police custody after video shared online by a bystander showed former officer Derek Chauvin kneeling on Floyd’s neck during his arrest as he pleaded that he couldn’t
This article is a part of a series; click here to read Part 1. Another possible behavioral explanation is the feeling of being poorer after annuitization because of the resulting noticeably lower remaining account balance. This confuses total wealth with the spending power available from that wealth, but it can exert a powerful psychological influence
Getty Last week, I wrote about a newly-handed-down Supreme Court ruling that determined that, in a case where pension plan participants were not actually harmed, they could not sue their former employer for mismanaging their pension. As something of a tangent, I observed that participants in multiemployer plans would indeed be harmed, because there is
TOPLINE The stock market rebounded slightly on Friday, attempting to recoup some of its losses from a day earlier when fears over a resurgence of coronavirus cases led to the worst market drop since March. The market attempted to rebound from a massive sell-off on Thursday. Wang Ying/Xinhua News Agency/Getty Images KEY FACTS The Dow
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