Bill Clark | CQ-Roll Call, Inc. | Getty Images $600 a week When Congress issued a $600-a-week boost to unemployment benefits in the spring, as part of the CARES Act, the backlash was swift and fierce. The goal of the infusion, coupled with typical state benefits, was to fully replace lost wages for the average
Month: December 2020
Stewardship and Charity: Charity, caring, giving, and helping others are all part of the holiday spirit. The holidays, perhaps particularly Christmas, are a time when people strive to be generous. Christians are encouraged to give generously and regularly. This is based on the concepts of stewardship. The concept of stewardship stems from a simple premise:
ILLUSTRATION BY FORBES; PHOTOS, FROM LEFT: JUN SATO/GETTY IMAGES; MARK MAKELA/GETTY IMAGES; CHRISTIAN K. LEE/THE WASHINGTON POST/GETTY IMAGES As a year unlike any other draws to a close, Forbes takes a look at the biggest scandals billionaires found themselves facing, from tax evasion to alleged financial fraud to a billionaire spat between neighbors featuring the
Most-loved home gifts you can give yourself after the holiday. getty Did you receive a wellness-inspired Christmas, Kwanzaa or Hanukkah gift this year? According to Amazon’s most-loved home product selections this week, many of you did. For those who didn’t get health-enhancing gifts for your home, here are five of the popular site’s page one
There may be increased spending on gift cards this holiday season, and that may help boost retail sales next year, former Walmart U.S. President and CEO Bill Simon told CNBC on Thursday. Payment service Blackhawk Network found in a survey that shoppers anticipated spending, on average, about $313 on gift cards around the holidays. That represents a
UNITED STATES – DECEMBER 25: Metro DC Socialists hold a Christmas morning photo op for Santa to … [+] deliver coal to Congress while demanding a $2000 per month check on Friday, Dec. 25, 2020. (Photo By Bill Clark/CQ-Roll Call, Inc via Getty Images) CQ-Roll Call, Inc via Getty Images As President Trump golfs in
Snow falls as people wearing face masks walk through the Asakusa district on March 29, 2020 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images SINGAPORE — As 2020 draws to a close, many investors consider Asia as the region with one of the best economic prospects next year thanks to its relatively better control of
AleksandarNakic | E+ | Getty Images The year is almost over. Yet you still have time to make some financial moves and set the stage for a fresh start in 2021. While there are timely tax savings to consider, it’s also a good time to assess your budget and other money matters. “We, as human
Robert Barnes | Getty Images More than three dozen retailers, including the nation’s oldest department store chain, filed for bankruptcy this year, marking an 11-year high. Pre-pandemic, several of these retailers were already teetering on the brink of survival. But the Covid health crisis pummeled the industry. Lockdown orders put in place in March to
U.S. government debt prices were lower on Wednesday after President Donald Trump suggested he may not sign a long-delayed coronavirus relief package. The yield on the benchmark 10-year Treasury note climbed to 0.921%, while the yield on the 30-year Treasury bond was slightly higher at 1.655%. Bond yields move inversely to prices. Trump on Tuesday poured cold water on
Vladimir Vladimirov | E+ | Getty Images Giving to charity is about to pay off a little more — that is, if the latest Covid relief bill becomes law. The $908 billion pandemic relief bill features $600 stimulus checks, $300 unemployment supplement payments and a second round of forgivable loans for small businesses. It also
Frederic J. Brown | AFP | Getty Images Mega Millions players can let the daydreaming continue. With no one hitting all six numbers drawn Friday, the jackpot has jumped to an estimated $376 million. And Powerball, with the next drawing set for Saturday night, is at $341 million. Of course, due to taxes, those advertised
Founder and CEO of American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the United States. getty As Covid-19 reshapes the nation’s real estate landscape, some multifamily investors are turning to the Sun Belt markets for safe harbor and predictable returns. Migration patterns, employment growth and an appealing product mix are creating new investment opportunities
A visitor tries a plant-based meat substitute product at the Restaurant & Bar and Gourmet Asia expo at the Hong Kong Convention and Exhibition centre in Hong Kong on November 11, 2020. Peter Parks | AFP | Getty Images SINGAPORE — Demand for meat alternatives has grown and will continue to rise, but the industry
CEO and founder of U.S. Nikola Trevor Milton Massimo Pinca | Reuters Check out the companies making headlines in midday trading. Carnival, Norwegian Cruise Line, Royal Caribbean — Travel stocks rebounded from steep losses earlier this week on fears about the new Covid strain in the U.K. Carnival and Norwegian Cruise Line popped more than
Federal stimulus checks are prepared for printing at the Philadelphia Financial Center May 8. Jeff Fusco | Getty Images News | Getty Images Americans likely won’t see $2,000 stimulus checks, and those $600 direct payments may be further delayed. House Republicans on Thursday blocked an attempt by Democrats to pass $2,000 checks, an amount President
Brad Steinberg relaxes in front of a wall of dryers in his one of his company’s SpinCycle Laundry … [+] Lounge laundromats. PWS, Inc. Coin laundries have long been one of the few recession-proof businesses. After all, we all need to do laundry. There’s debate as to whether the recession-proof nature applies even during a
An Air Canada Boeing 737 MAX 8 aircraft is being towed in as another Air Canada Boeing 737 MAX 8 aircraft is seen on the ground at Toronto Pearson International Airport in Toronto, Ontario, Canada, March 13, 2019. Chris Helgren | Reuters A Montreal-bound Air Canada Boeing 737 Max ferry flight diverted in Arizona earlier
European stocks are set to open higher in a light trading session as traders grew optimistic a Brexit trade deal would be reached. Britain’s FTSE 100 is seen climbing 38 points to 6,530, France’s CAC up 15 points at 5,552 and Italy’s FTSE MIB up 93 points at 22,074, according to index data from IG.
hobo_018 | E+ | Getty Images As happens every time the calendar flips to a new year, Medicare cost adjustments are about to take effect. This generally means paying more for some parts of your coverage, effective Jan. 1. For Medicare’s 63 million beneficiaries — most of whom are 65 or older — certain costs
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