As talks in Washington, D.C. over a new round of financial and economic stimulus continue, Stanford Graduate School of Business lecturer and small business advisor David Dodson doesn’t like what he sees on Main Street or for the U.S. economy. Dodson, who once ran for the U.S. Senate in Wyoming and has served as CEO
Month: October 2020
The pandemic has changed the world and the world of aging particularly. As elders are at significantly higher risk than others for serious illness and death from Covid-19, more precautions have been in place from the beginning. Where immediate steps for extra preventive measures were not in place, deaths rapidly increased. Even with awareness, the
In the election season there seems to be little that we can find common agreement across the political divide. However, there is one issue that finds Americans united – support for whistleblowers and protecting whistleblowers. A recent Marist poll conducted on behalf of the Whistleblower News Network shows overwhelming support for whistleblowers – and legislation to
Halting stimulus talks could have sweeping effects for American renters. getty President Trump’s recent waffling on potential stimulus efforts could have sweeping effects for American renters. According to a new report from public policy think tank the Urban Institute, about 5.3 million renter households are dealing with a job loss. Though state unemployment helps, a
McDonald’s new cinnamon roll, apple fritter and blueberry muffin Source: McDonald’s McDonald’s is adding baked goods to its permanent menu for the first time in more than eight years as the fast-food giant tries to revive its breakfast sales. Starting Oct. 28, customers will be able to buy an apple fritter, blueberry muffin or cinnamon roll
Minneapolis Federal Reserve President Neel Kashkari became the latest central banker to warn against not getting more stimulus to the U.S. economy, saying that the cost of doing nothing could be major. As the impasse in Washington intensifies, Kashkari told CNBC that workers, businesses and governments need more cash from Congress. “There are enormous consequences
A 67-million-year-old T. rex specimen, named Stan, will be auctioned off by Christie’s on Oct. 6 and will be on display in the windows of Christie’s Rockefeller Center starting Wednesday. Robert Frank | CNBC A fossilized Tyrannosaurus rex, nicknamed Stan, sold at auction for $31.85 million, becoming the most expensive dinosaur fossil ever sold. The
CNBC’s Jim Cramer on Wednesday warned investors not to buy or sell stocks based on what President Donald Trump tweets. The “Mad Money” host cites Tuesday afternoon’s tweets from Trump ending broad stimulus talks, which sank stocks, and then Tuesday night’s tweets supporting a piecemeal approach, which boosted stocks. “This is what happens if you invest by
“When student loan payments become mandatory again,that’s a scary thought,” said Cecilia Sena, 22. Source: Cecilia Sena In March, as it rapidly became clear that the coronavirus pandemic would upend our lives, the U.S. Department of Education offered student loan borrowers a break from their monthly payments. They accepted. Less than 11% of people with federal student loans are repaying them during the pandemic,
After calling off broader talks on an economic stimulus package, President Trump reversed course Tuesday night, urging Congress to approve smaller relief measures, including funding for small-business loans. Yet there is still a great deal of uncertainty about when another stimulus bill will deliver emergency aid to millions of Americans impacted by Covid-19 pandemic, including
PARIS, FRANCE – FEBRUARY 12: In this photo illustration, a visual representation of the digital … [+] Cryptocurrency, Bitcoin is displayed in front of the Bitcoin course’s graph on February 12, 2020 in Paris, France. The price of Bitcoin is rising and has once again passed above the very symbolic bar of 10,000 US dollars.
Prince’s sudden death in 2016 triggered numerous court proceedings. First, Probate documents had to be filed in court because Prince died without a will. He did not have a spouse or children, but Prince had half-brothers and half-sisters. There were various claims against the estate, and some claims by the estate too, including a wrongful death case
Kyle Crown is the President of Crown Commercial PM. He holds a B.S. in business from the University of Pennsylvania’s Wharton School. getty Let’s not sugarcoat it: 2020 has been an incredibly difficult year. The Covid-19 pandemic has wreaked havoc on our communities, taking its toll on lives and jobs. A vaccine would be great; a
Levi Strauss & Co. shares soared more than 9% Tuesday after the denim maker reported online sales growth of 52%, which helped offset losses elsewhere in the business during the fiscal third quarter. Management told analysts it expects the strong performance will continue into the holiday quarter, though it is calling for sales to be down
Investor Peter Boockvar believes Wall Street is on the cusp of taking inflation more seriously. With the 10-year and 30-year Treasury Note yields trading around four-month highs, the Bleakley Advisory Group chief investment officer warns high inflation paired with slower economic growth, otherwise known as stagflation, is becoming a major risk. “A stagflationary-type environment, if
What do you get when you mix a wellness holiday with a “workcation”? Answer: The “wellness sabbatical,” an emerging trend that allocates time for sunrise yoga classes, meditation sessions and spa treatments — alongside work emails and Zoom calls. A small but growing number of resorts are tapping into a market of wellness-minded workers who
Advisors are bullish on Joe Biden, but bracing for a rocky election cycle, according to a CNBC FA 100 survey. More than a third, or 37%, of top-rated financial advisory firms said they believe the Democratic nominee will be elected as the next U.S. president, compared to 20% predicting President Donald Trump will come out
miodrag ignjatovic The recent disappearance of a financial advisor — and possibly client money — may serve as a cautionary tale for investors. Christopher Burns, owner of Dynamic Money in Atlanta, was reported missing by his wife on Sept. 25 after she couldn’t reach him, according to a Gwinnett County, Georgia, police report. His wife
Black, Latinx and Asian Workers Feel The Brunt Of The Recession. getty The country is in a deep recession amid a global pandemic. Millions of people are still out of a job. Many now face financial hardship, as the federal government’s initial additional unemployment benefits ended in July. Yet the pace of job growth has
LAX AIRPORT, CA – AUGUST 20: Passengers connect with drivers at the Rideshare Lot at LAX as … [+] Uber and Lyft drivers held a moving rally as part of a statewide day of action to demand that both ride-hailing companies follow California law and grant drivers basic employee rights and to denounce the corporations
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