Judy Shelton appears now to have enough Republican support for her controversial nomination to the Federal Reserve’s board of governors to get through. Senate Majority Leader Mitch McConnell said Thursday he will advance Shelton’s name to the Senate floor after Sen. Lisa Murkowski (R-Alaska) told reporters she now will support the economic advisor to President
This segment of What’s Ahead deals with the question of whether California can recover its lost economic mojo. The Golden State has everything going for it in terms of weather, beauty, natural resources, land mass and bountiful soil. It is our most populous state, and its economy is the fifth-largest in the world. Over the
Traders work the floor of the New York Stock Exchange. NYSE Company: F5 Networks, Inc. (FFIV) Business: F5 is a leading provider of multi-cloud application services that allow its customers to develop, deploy, operate, secure and govern applications in any architecture, from on-premises to public cloud. the Company’s Traffic Management Operating System (TMOS) based offerings
bymuratdeniz | E+ | Getty Images By this point, Medicare beneficiaries likely know that now is the time of year to get their 2021 coverage straight. While many individuals stick with what they have, others may be exploring a more suitable option. If that involves a Medicare supplement plan, aka Medigap, it’s important to know
getty On October 26th the SBA sought formal approval from the Office of Management and Budget to make use of two new forms, SBA Form 3509 and 3510, to request that PPP borrowers who received a loan of $2,000,000 or more must answer a series of questions that will be used by the SBA to
The Meritage Homes Corporation Home construction company logo seen displayed on a smartphone. (Photo … [+] Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) LightRocket via Getty Images I had the opportunity to chat at length with Steve Hilton, the outgoing CEO of Meritage Homes MTH. Instead of looking back on his stellar 35-year career,
President Donald Trump said Friday that the U.S. government would not deliver a coronavirus vaccine to New York if and when one is available. New York Gov. Andrew Cuomo “will have to let us know when he’s ready for it because otherwise, we can’t be delivering it to a state that won’t be giving it
Goldman Sachs just named its smallest and most diverse class of partners since its 1999 initial public offering. The firm on Thursday named 60 employees to the coveted rank of partner, the highest title at the New York-based bank and a nod to its history as a private partnership. Since taking over in 2018, CEO
While members of the Ethereum blockchain community have endured the criticism of how long it is taking to move to a new mechanism called ‘staking’, it is hard not to also note that there is no definitive guidance yet from the Internal Revenue Service (IRS) on how those who ‘stake’ their blockchain ‘tokens’ and receive
Senators Kelly Loeffler, R-Ga., and David Perdue, R-Ga., at Hartsfield-Jackson Atlanta International Airport on July 15, 2020. Jonathan Ernst | Reuters Wealthy families have Georgia on their minds. That’s because the outcome of two contentious races for the Senate could shape their plans to pass on millions of dollars to their heirs, as well as
By Richard Eisenberg, Next Avenue getty We hear a lot — a lot! — about how much we should save for retirement. But people nearing retirement, and in retirement, are often perplexed about how much of their retirement savings they can afford to withdraw each year without running the risk of outliving their money. So,
Founder and CEO of Rentec Direct, property management software for real estate professionals. getty This year has presented a myriad of changes that none of us could have predicted, but patterns are beginning to emerge as we get closer and closer to the end of 2020. Within the real estate industry, different markets are experiencing different
Oregon Gov. Kate Brown speaks Tuesday, Nov. 10, 2020, in Portland, Ore. Cathy Cheney | Portland Business Journal | AP Oregon Gov. Kate Brown on Friday announced a “two-week freeze” on most activities and non-essential business across the state to curb what she described as an “alarming spike” in coronavirus cases and hospitalizations. The new
Check out the companies making headlines before the bell: DraftKings (DKNG) – The mobile betting service reported a quarterly loss of 57 cents per share, smaller than the 61-cent loss that Wall Street had anticipated, while revenue was above analyst forecasts. DraftKings said it was helped by the resumption of activity by major sports leagues
getty The Internal Revenue Service (IRS) continues to take steps forward in efforts to protect taxpayer data. Two years ago, the IRS moved to provide more privacy for individual taxpayers; now, beginning on December 13, 2020, the IRS will start masking sensitive data on business tax transcripts. If you’re scratching your head because that doesn’t
A person poses in front of a banner featuring the logo of Palantir Technologies (PLTR) at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reuters Palantir, the maker of software and analytics tools for the defense
Extinction Rebellion environmental activists protest around Bank Junction in the financial district on the 7th day of their ‘October Rising’ campaign on October 14, 2019 in London, England. Ollie Millington | Getty Images The Federal Reserve is going green, and that could mean a substantial change for the way financial institutions have to prepare for
Oliver Rossi | Stone | Getty Images The coronavirus pandemic may be putting you in some uncomfortable financial situations with your family. A relative may have asked for a loan, or your young adult child may be looking to move back home. You may be struggling financially and haven’t addressed it with your kids, or
Fixed index annuities can be complex financial products, and I will conclude this chapter* by discussing some of the other various features one may come across when investigating FIAs. We begin with surrender charges or, more formally, contingent deferred sales charges. FIAs are meant to serve as long-term tools and surrender charges help the insurance
Rod Khleif Real Estate Investor, Mentor, Coach, Host, Lifetime Cash Flow Through Real Estate Podcast. getty In the world of multifamily financing, a non-recourse loan is considered to be the gold standard for acquisition financing because they are considered to be less risky for the borrower. Typically, these facilities are offered by specialty lenders and government-sponsored