Month: December 2020

Latino business owners operate in sectors hit hard by Covid-19 and are less likely to receive PPP loans than White entrepreneurs, but Hispanic business formation and revenue was growing before the pandemic and can recover with the right public policy and financial support. Getty Images Often hailed for higher-than-average rates of entrepreneurialism and new business
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Despite the demands of Covid, the IRS is on the hunt for high income non-filers. Getty Images Eric Hylton, the commissioner of the Internal Revenue Service Small Business/Self-Employed Division, threw down the gauntlet December 3, 2020 with an article the IRS pushed out on its newswire on how the IRS views high-income non-filers. If there
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President-elect Joe Biden’s Covid advisory board member Dr. Atul Gawande told CNBC that the Covid-19 vaccine rollout “is a Herculean operation” with potential hitches along the way as Pfizer’s Covid vaccine just took a big step toward FDA approval for emergency use. “The biggest challenge is going to be both production and then getting it into
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Canaccord Genuity’s Tony Dwyer is on correction watch due to frothiness in the market. But he isn’t rolling back his overall bull case for stocks. Rather, he’s strengthening it by boosting his EPS or earnings per share targets for this year and next. “There are three levels of stimulus that have come into the marketplace,”
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A vial of the Pfizer/BioNTech COVID-19 vaccine. Liam McBurney | Reuters A Food and Drug Administration panel is scheduled to vote Thursday on whether to recommend the approval of Pfizer and BioNTech‘s coronavirus vaccine for emergency use. The non-binding decision from the agency’s Vaccines and Related Biological Products Advisory Committee, an outside group of experts
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Dr. Anthony Fauci, the nation’s leading infectious disease expert, has been on a mission since March to end the Covid-19 pandemic. Despite working 18-hour days, Fauci, who turns 80 this month, said he never plans on stopping. “It would be unconscionable to walk away from this,” Fauci said during a Q&A panel with Harvard T.H.
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SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020. NASA Morgan Stanley held its annual space summit virtually this year due to the coronavirus pandemic, but analyst Adam Jonas told CNBC that hundreds of investors and observers participated in the event on Tuesday as interest in the space industry
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A person wearing a protective mask walks past a store for lease in San Francisco, Calif., on Dec. 8, 2020. David Paul Morris/Bloomberg via Getty Images Worsening outlook Together, initial claims are at their highest point since mid-September. “[The] rebound signals things aren’t just stagnating, they’re worsening,” Daniel Zhao, an economist at Glassdoor, a job
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