Month: June 2020

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
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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
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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
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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
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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
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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,
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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
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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
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