Senate Majority Leader Mitch McConnell (R-KY) (L) listens to U.S. President Donald Trump talks to reporters while hosting Republican congressional leaders and members of Trump’s cabinet in the Oval Office at the White House July 20, 2020 in Washington, DC. Doug Mills | Getty Images It’s the question that’s been on everyone’s minds: Will there
Month: July 2020
Kevin O’Leary told CNBC on Monday that the long-term economic consequences of the coronavirus pandemic are coming into focus for companies in his personal investment portfolio. “I’ve got enough focus now after all these months, 20% of my small private portfolio is going to fail,” O’Leary said on “Halftime Report.” ”They’re going to zero. They are in
CNBC’s Jim Cramer urged investors Monday to remain cautious about the length of time it takes to develop a successful coronavirus vaccine, saying that Massachusetts-based biotech firm Moderna may be painting too rosy of a picture. “It’s not a simple case. You don’t just say, ‘Hey, look at this. These people didn’t get Covid over a couple weeks.’
Real estate agents and real estate brokers, on average, earn higher salaries than the national … [+] average for all occupations, $53,490. getty Last year, we took a look at how much real estate agents earn on average in all 50 states based on data from the Bureau of Labor Statistics’ (BLS) 2018 Occupational Employment
In this March 16, 2020, file photo, a subject receives a shot in the first-stage safety study clinical trial of a potential vaccine by Moderna for COVID-19, the disease caused by the new coronavirus, at the Kaiser Permanente Washington Health Research Institute in Seattle. Ted S. Warren | AP Moderna shares soared more than 8% in
The board game Monopoly by toymaker Hasbro at a toy store in New York City. Getty Images Store closures, product shortages and lower retail inventory hampered Hasbro in the second quarter, as the company dealt with the fallout of the global coronavirus pandemic. Despite strong demand for toys in the quarter, Hasbro’s revenue fell 29%
Does financial market history even matter anymore? Many pundits say no, since a new wave, of low-to-zero-cost trading, and another wave of high-quality market information has “democratized” investing so much so that the retail public is just as informed, or certainly can be, as multibillionaire investors. Now, some of us have recently questioned this line
MEXICO CITY, MEXICO – JUNE 10: President of Mexico Andres Manuel Lopez Obrador gestures during his … [+] daily morning briefing on June 10, 2020 in Mexico City, Mexico. (Photo by Hector Vivas/Getty Images) Getty Images When Andres Manuel Lopez Obrador, or AMLO, was elected as president of Mexico in 2018, he was characterized by
The Green Tax Break For Architects, Engineers And Contractors: Section 179D Update While Kermit sang that “It’s Not Easy Being Green” – the truth is for architects, engineers and contractors there are significant tax breaks for being green. Congress put in place in 2005 Section 179D of the tax code that provides a tax benefit –
Jose Luis Pelaez Inc Covid-19 has upended much of U.S. society. And it’s changing how Americans think about money. A survey from money manager Charles Schwab finds their new mantra could very well be, “Less is more.” When it comes to how much it takes to be considered wealthy, Americans now say it’s an average
The Wall Street Bull (The Charging Bull) is seen during Covid-19 pandemic in New York, on May 26, 2020. Tayfun Coskun | Anadolu Agency via Getty Images The stock-market debate lately has taken place largely from the extremes. The believers are calling the powerful rebound from the Covid-shock lows a brand-new bull market, with a
Without the extra $600 a week in unemployment benefits, whose renewal past this month has been … [+] subject to debate in Congress, the share of severely housing burdened renters would jump to 41%, from the current 3.7%. getty Receiving both state unemployment benefits and the weekly $600 federal supplement, less than 4% of renter
China would prefer to see U.S. President Donald Trump win a second term in office as it would allow Beijing to continue to pursue its international ambitions, said an analyst on Monday. “Bluntly, Beijing would prefer to see the Trump administration continue,” said Rodger Baker, senior vice president of strategic analysis at Stratfor, a consultancy.
Bryn Mawr’s Jeff Mills sees few options for investors looking for big second half gains. Due to the country’s coronavirus surge, he predicts economic setbacks will start to meaningfully impact some of the summer’s most profitable market groups. “We’re past the point where every single data point is going to be ahead of expectations,” the
Several retirement trends have been brought into focus by the COVID-19 pandemic. One of the most disturbing is the number of workers between 50 and 65 who are in jobs without retirement benefits. Today half of all workers don’t have access to a work sponsored retirement plan. According to a recent study by Alicia H.
TOPLINE Top Trump administration officials said Sunday that Republicans are including another batch of stimulus checks in their proposal set to be unveiled this week, a revival of a popular element of the March rescue package, although the GOP is bent on reducing enhanced unemployment benefits, another favored benefit. President Trump’s name is seen on
NEW YORK, NEW YORK – JULY 22: A woman waits in line as food is distributed at the Ebenezer … [+] Seventh-day Adventist church on July 22, 2020 in the Brooklyn borough of New York City. Getty Images On March 27, the CARES Act was signed into law and included a moratorium through July 24 on evictions for those
States are taking differing approaches to reopening and closing during the pandemic, and the economy has been feeling the impact. More than half of states have instituted statewide mask mandates to slow the spread of the coronavirus, and some have imposed curfews and group size limits for bars and restaurants. These five charts illustrate trends in
A man wearing a mask walks by the New York Stock Exchange (NYSE) on March 17, 2020 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images U.S. stock futures rose on Sunday night as investors braced for a big week of corporate earnings and lawmakers continued coronavirus stimulus negotiations. Dow
When federal “regulators” go boldly where no regulator has ever gone before–to promote retirement … [+] gambling, WATCH OUT! getty Private equity—speculative investments in the stocks of companies not publicly traded and hard-to-value—“has the potential to hasten the retirement day for American workers,” Trump’s DOL Deputy Secretary recently gratuitously advised. Trump’s SEC Chairman Jay Clayton
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