Month: July 2020

Blank Social Security checks are run through a printer at the U.S. Treasury printing facility February 11, 2005 in Philadelphia, Pennsylvania. William Thomas Cain | Getty Images Congress won’t move on the next round of stimulus legislation this week. Despite that, however, a second set of stimulus checks is still on the table. Draft legislation
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Jovita Carranza, administrator of the U.S. Small Business Administration (SBA), speaks as Steven Mnuchin, U.S. Treasury secretary, left, listens during a House Small Business Committee hearing in Washington, D.C. Erin Scott | Getty Images Details of  Senate Republicans’ version of a coronavirus aid bill are starting to emerge. Accountants question whether it will provide enough
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Courier delivery food service at home. Man courier delivered the order no name bag with food. getty The coronavirus pandemic has magnified the problem of nonreporting and underreporting of gig work income by taxpayers who haven’t been getting information reporting from the online platforms they use to coordinate their work. Few workers seem to understand
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United Auto Workers members leave the Fiat Chrysler Automobiles Warren Truck Plant after the first work shift, Monday, May 18, 2020, in Warren, Mich. Paul Sancya | AP Ford Motor and Fiat Chrysler are hiring temp workers and General Motors is restructuring shifts at an assembly plant in Missouri as the auto industry battles to keep factories running
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Intel shares fell as much as 9% in extended trading on Thursday after the company reported better-than-expected second-quarter earnings and said next-generation chips would come out later than it had expected.  Here’s how the company did: Earnings: $1.23 per share, adjusted, vs. $1.11 per share as expected by analysts, according to Refinitiv. Revenue: $19.73 billion,
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By Kerry Hannon, Next Avenue Contributor getty The coronavirus pandemic is causing many older workers who’ve lost jobs or been offered early retirement severance packages to decide to pack it in. But taking early retirement can throw a monkey wrench into your future financial security. That’s why it’s vital to be cautious before doing it.
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getty Earlier today, the Senate passed S. 3841 by unanimous consent. The bill, which was first introduced by Senators Chuck Grassley (R-IA), Sherrod Brown (D-OH), Ron Wyden (D-OR) and Tim Scott (R-SC) in May, is titled “A bill to protect 2020 recovery rebates for individuals from assignment or garnishment, and for other purposes.” According to Sen. Grassley,
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