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TOPLINE NPR reported Tuesday that thousands of foreign workers who were in the U.S. on temporary visas erroneously received $1,200 stimulus checks in the error-prone process of distributing financial aid across the country to blunt the coronavirus pandemic’s economic impact. Foreign workers in at least 129 countries have received stimulus payments, according to NPR. Getty
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A Social Security Administration office in San Francisco. Getty Images Washington lawmakers are deciding the financial fates of millions of American families with the next coronavirus stimulus package. But there’s one unintended consequence of the Covid-19 pandemic they have yet to fix: potential reductions to Social Security benefits for one particular cohort of Americans. The
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Bill Gates dropped out of Harvard University in 1975 to start Microsoft, the software company that would make him a billionaire by age 31.  According to Gates, part of his success is due to his parents – in fact, his late mother, Mary Gates, was said to be instrumental in a deal that helped propel Microsoft into the big leagues.
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Liu Yifei stars in Disney’s “Mulan.” Disney While the U.S. is dealing with a resurgence of coronavirus cases that continue to restrict movie theater reopenings, the rest of the world is ready to welcome Hollywood back to the big screen. However, on Tuesday, international theater owners were caught off guard when Disney decided to launch
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Getty Images Some Americans who qualified for stimulus checks received an unwelcome surprise when the $500 payments for their children under 17 were not included. Starting today, the U.S. government plans to send out the missing cash. That applies to those individuals and couples who are not required to file a tax return and used
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Amazon Founder and CEO Jeff Bezos speaks to the media on the company’s sustainability efforts in Washington on September 19, 2019. Eric Baradat | AFP | Getty Images Amazon CEO Jeff Bezos this week has sold more than $3.1 billion worth of shares in his company, according to filings with the Securities and Exchange Commission
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Nikola Motor Company Source: Nikola Motor Company Nikola’s entire second quarter revenue of $36,000 was related to solar installations for Executive Chairman Trevor Milton, according to a filing with the Securities and Exchange Commission. “During the three months ended June 30, 2020 and 2019 the Company recorded solar revenues of $0.03 million and $0.04 million,
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A sign marks the headquarters of Moderna Therapeutics, which is developing a vaccine against the coronavirus disease (COVID-19), in Cambridge, Massachusetts, May 18, 2020. Brian Snyder | Reuters Moderna reported Wednesday a fivefold increase in second-quarter revenue related to its work on a potential coronavirus vaccine.  Revenue jumped to $66.4 million during the quarter, more
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The United States Capitol Building, Washington DC. You can see the capital dome. Building reflecting … [+] on the water fountain in front of the capital. getty n 1969 a 38-year-old lawyer in the Treasury Office of Tax Legislative Counsel contemplated the social ferment gripping the United States. Surging opposition to the war in Vietnam, combined with
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OLIVIER DOULIERY | AFP | Getty Images Millions of Americans went back to work in May and June as states started reopening and a federal loan program helped ailing small businesses rehire workers.   But the economic recovery is sputtering, some states have re-imposed shutdown measures and many businesses have run out of loan funding — conditions
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