The Fearless Girl sculpture wearing a mask stands next to a large Christmas Tree lit up displayed in front of the New York Stock Exchange on December 06, 2020 in New York City. Alexi Rosenfeld | Getty Images It’s not often that celebrity home-buying sprees give me insights into the stock market. However, when I
Month: December 2020
A notice informing people of ‘Tier 4’ coronavirus restrictions lights up a digital advertising screen on Oxford Street in London, England, on December 21, 2020. David Cliff | NurPhoto | Getty Images The U.K. has identified a new variant of the coronavirus that appears to spread more quickly, sparking new fears that the Covid-19 pandemic
Igor Golovniov/SOPA Images/LightRocket via Getty Images A $300 enhancement to unemployment benefits will nearly double weekly jobless aid for the average American. Workers in some states will see an even greater windfall relative to current benefits. Congress passed a Covid relief bill that pays an extra $300 to all recipients of jobless aid. The legislation
After months of anticipation, Congress passed a $900 billion coronavirus relief package on Monday, which includes a $600 stimulus check for individuals earning up to $75,000 and couples earning $150,000 – down from the $1,200 distributed in the first round as a result of the Coronavirus Aid, Relief, and Economic Security, or CARES, Act. The bill also provides an
Patrick Pleul/picture alliance via Getty Images The coronavirus relief bill passed by Congress toughens rules around use of a common heat-trapping chemical and funnels billions of dollars into renewable energy. The measures, attached to a year-end government funding bill, were hailed by some lawmakers as among the most significant Congress has approved to combat climate
People wait in line at the Holy Apostles Soup Kitchen on Dec. 15, 2020 in New York City. Robert Nickelsberg | Getty Images The latest coronavirus relief bill passed by Congress will give some unemployed workers an additional $400 per week — an extra $300 on top of state benefits authorized for most claimants plus
By Donna Mitchell, Next Avenue Entrepreneur Dawn Kelly Courtesy of Shante Carlan Before Dawn Kelly, 58, launched her quick-serve restaurant The Nourish Spot in Queens, N.Y. in 2017, she had been downsized from a corporate public relations job. She needed to figure out a way to continue working but was unsure about almost every aspect
getty The Internal Revenue Service (IRS) has issued its 2021 standard mileage rates. Beginning on January 1, 2021, the standard mileage rates for the use of a car, van, pickup or panel truck will be: 56 cents per mile for business miles driven (down from 57.5 cents in 2020) 16 cents per mile driven for medical or
Blokable at Phoenix Rising in Auburn, Wash. NOAH@NOAHFORBES.COM We tend to treasure a gift most when it comes in a little package. Take Blokable at Phoenix Rising, the project name given to a new, tiny Seattle-area apartment complex, for instance. Soon home to 12 households whose residents may take home less than a third of
Employees of the company Goldbecksolar are testing a module in a solar park under construction in a former gravel opencast mine. Jens Buttner | picture alliance | Getty Images During the coronavirus pandemic, the worst public health crisis in a century, some people pointed to what appears to be a tiny silver lining for the
Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton is acquiring rival fitness equipment maker Precor for $420 million, in a deal that will give it more market share as well as increased manufacturing capacity. The acquisition prompted KeyBanc Capital Markets to raise its price target on Peloton
‘It feels like we’re back to March’ For the most recent PPP loans, businesses must have fewer than 300 employees and prove a revenue reduction of 25%, among other things, to qualify. Most borrowers can receive up to 2.5 times their average monthly payroll cost one year prior to the loan. But those in the
A woman looks at Marcus, a new savings and loans app recently launched by Goldman Sachs in New York, January 10, 2020. Mike Segar | Reuters Goldman Sachs has, for decades, set its sights on the global elite when it comes to wealth management. Now, it’s opening up to everyone else. The bank has begun
Nipitphon Na Chiangmai / EyeEm | EyeEm | Getty Images As we near the end of 2020, it’s time to review and evaluate your overall financial outlook for the coming year, including any charitable, estate or general tax planning for 2021 and beyond. While direct giving has an immediate impact, some individuals may be considering
Smoke in the Blue Mountains of Australia after a forest fire. Andrew Merry | Moment | Getty Images If you’re like most Americans, you worry about global warming. Yet it can be hard to know how to channel that anxiety into action that will help the planet. One fairly simple way to make a difference
Middle-class Families Went Deeper Into Debt, Faced Evictions and Job Losses That Will Linger getty Congressional action on more financial relief for struggling families and businesses is welcome news, but America’s middle class will need more help next year. The signs are already there that the recession has caused longer-term economic pain. Even before the
WASHINGTON, DC – DECEMBER 21: Senate Majority Leader Mitch McConnell (R-KY) walks to his office … [+] after leaving the Senate Floor at the U.S. Capitol on December 21, 2020 in Washington, DC. The House and Senate are set to vote today on a roughly $900 billion pandemic relief bill to bolster the U.S. economy
Megan Micco is CEO of Megan Micco, Inc. and a top producing home strategist and success architect in the San Francisco Bay Area. getty While the U.S. economy is experiencing turmoil in many segments due to the global coronavirus pandemic, real estate has remained relatively unscathed. Historically low mortgage interest rates have led to increased demand for
The U.S. is looking at why a handful of people have suffered from severe allergic reactions shortly after receiving Pfizer’s coronavirus vaccine shots, a National Institute of Allergy and Infectious Diseases official told CNBC on Monday. The study – which is still in the early planning phases – is expected to include “several hundred” people
CFRA’s Sam Stovall is delivering yuletide optimism to investors. The firm’s chief investment strategist believes another fiscal stimulus measure coupled with Covid-19 vaccines hitting the marketplace will help stocks stage a year-end rally. “We’re familiar with the Santa Claus rally popularized by the Stock Trader’s Almanac,” he told CNBC’s “Trading Nation” on Monday. “Going back to
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