Month: December 2020

There won’t be $2,000 stimulus checks coming for the holidays. House Republicans blocked an attempt by Democrats on Thursday to pass a standalone bill to raise direct payments to Americans to $2,000 from $600. The push to amend the $900 billion Covid relief bill came after President Trump demanded lawmakers increase the second round of
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Sound wisdom to help retirees live a healthy, financially secure, and fulfilling long life. getty Pre-retirees and retirees have always faced several serious retirement planning challenges. On the one hand, it’s great that many people are living much longer lives than their ancestors. On the other hand, it’s not easy to be financially secure, physically
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The Home Edit makes an Easy Gingerbread Brownie with Eggnog Frosting in their signature rainbow … [+] design. McCormick 2020 was an incredible year for Clea Shearer and Joanna Teplin who are best known as the professional organizing duo, The Home Edit. Netflix debuted their show, Get Organized With The Home Edit to much fanfare, and their second book, The Home Edit
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Lucy Lambriex People taking advantage of temporary CARES Act rules that allowed for easier loans and distributions from 401(k) retirement plans increased slightly through November, a month before the Dec. 30 cutoff. As many as 1.4 million people have taken a CARES distribution from Fidelity, about 5.7% of participants on their system, according to data
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Worker starts production of craft beer at a factory during covid-19 pandemic. getty After promising to work all night until an agreement was reached, U.S. senators passed a bill close to midnight Monday that grants permanent federal excise tax (FET) relief to brewers, distillers, winemakers and other alcoholic beverage producers. The Craft Beverage Modernization and
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With forbearance, borrowers hit pause on their monthly loan payments. Getty The Department of Housing and Urban Development recently announced that the Federal Housing Administration is granting a two-month extension of its foreclosure and eviction moratorium and initial forbearance requests through February 28, 2021.  The moratorium is for single-family home borrowers with FHA-insured mortgages to
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A pedestrian wearing a face mask or covering due to the COVID-19 pandemic, walks in central London on December 23, 2020. Tolga Akmen | AFP | Getty Images WASHINGTON — A second new and potentially more infectious variant of the novel coronavirus identified in South Africa has emerged in the United Kingdom, the British government confirmed
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The year 2020 was a difficult one financially for many people around the world, with the global coronavirus pandemic wreaking havoc on countless businesses and roughly 19 million Americans currently collecting unemployment benefits. But for some of the weatlhy, it’s a very different story. During 2020, Amazon’s sales have spiked, as social distancing restrictions forced
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