Recognizing the recession’s depth and persistence, the Federal Reserve is keeping interest rates low. But only more spending can provide the economic boost we need, and Congress must act before its August 7th recess. WASHINGTON, DC – JULY 30: Senate Majority Leader Mitch McConnell (R-KY) is swarmed by reporters as … [+] he leaves the
cdwheatley | E+ | Getty Images Millions of Americans have altered their travel plans amid the pandemic, with some switching to road trips this summer and others postponing long-haul air and sea travel till next year or beyond. But one demographic — the affluent vacationer — appears to be more optimistic, making plans and holding
Getty Images The majority of companies have now reported their earnings, revealing the winners and losers from the ongoing coronavirus pandemic. Although many companies failed to meet analyst expectations, there are some notable exceptions. And with these fresh insights, analysts are reviewing their short-term and long-term take on the stocks they cover. In this unprecedented
The Miami development includes a 100,000-square-foot medical center with exam rooms, an onsite lab … [+] and pharmacy and diagnostic imaging. Royal Palm Companies The developers of a new mixed-use tower in Miami, set to open in 2024, weren’t anticipating a global pandemic when they came up with the idea for their latest project —
A Starlink user terminal, which would connect consumers to the company’s satellite internet service. SpaceX SpaceX said Starlink, its nascent satellite internet service, has already seen “extraordinary demand” from potential customers, with “nearly 700,000 individuals” across the United States indicating they are interested in the company’s coming service. Due to the greater-than-expected interest, SpaceX filed
Fiat Chrysler Automobiles assembly workers produce protective masks, amid the spread of the coronavirus disease (COVID-19), at the Assembly Plant in Betim near Belo Horizonte, Brazil, May 20, 2020. Washington Alves | Reuters Fiat Chrysler said Friday it lost $1.24 billion (1.05 billion euros) in the second quarter as the coronavirus caused rolling shutdowns at its
getty Many estate planners will admit that a lot of the plans don’t achieve the owners’ goals. Most of these failures were avoidable. The failures most often result from the nontechnical aspects of the plan, what some refer to as the human side, or soft side, of an estate plan. There’s not a lot of
UNITED STATES – AUGUST 31: Historic Broad Street shops, Rome, Georgia (Photo by Carol M. … [+] Highsmith/Buyenlarge/Getty Images) Getty Images The controversy over syndicated conservation easements tax shelters has raised its ugly head in the Congressional race in the 14th District in Georgia. Barring a blue wave miracle, representation of the district in Congress
Timothy Young and his family Source: Timothy Young On Monday, July 27, two days after the eviction moratorium in Maryland expired, Timothy Young, his wife, Tammy, and their two children, Hermione, 8, and Negan, 2, scrambled to move out of their duplex. They’d received their notice to vacate. Young estimates that he’s applied to more
Lee Kiser is a multifamily expert, active broker and Principal of Kiser Group, Chicagoland’s leading mid-market multifamily brokerage firm. getty There is a broad spectrum of commercial real estate types to consider when investing. When the economy shifts or crises occur, multifamily has consistently proven its resiliency, stability and predictability. Multifamily is doing so again during Covid-19
A view of the screen during the Los Angeles advanced screening of IFC’s “The Rental” at Vineland Drive-In in City of Industry, California. Amy Sussman | Getty Images Entertainment | Getty Images In March, when movie theaters were shutting down and major Hollywood studios were shuffling their film release dates, the head of distribution for
A nurse holds up a one dose bottle and a prepared syringe of measles, mumps and rubella virus vaccine made by Merck at the Utah County Health Department in Provo, Utah. George Frey | Getty Images Pharmaceutical giant Merck on Friday beat Wall Street expectations in the second quarter and raised its overall earnings guidance for the
College students have been hit doubly hard by the coronavirus pandemic, and face disruptions to both their studies and job prospects. With hiring stalled at many companies — and more still operating remotely — many new graduates have been forced to put their career ambitions on hold. But those interested in a career in finance may have
There is one thing about the current pandemic about which there is no controversy—seniors are most vulnerable. With every warning and every description of preventive measures telling seniors to self-isolate, stay home, and avoid others, there is an inevitable consequence: loneliness. Loneliness among elders was problematic before Covid-19. Now it is worse. And lip service
A Twitter logo is seen on a computer screen in this photo illustration on October 31, 2017. (Photo … [+] by Jaap Arriens/NurPhoto via Getty Images) NurPhoto via Getty Images Internal Revenue Service – Criminal Investigations (IRS-CI) has announced charges against three individuals for their alleged roles in the Twitter hack that occurred on July 15, 2020.
Couple buying a new house. PeopleImages | Getty Images A Roth individual retirement account is often cited as a way to save for your golden years. It could also help you buy a house. In a nutshell, up to $10,000 in earnings can be withdrawn from such an account — free of both taxes and
The coronavirus pandemic has highlighted the need for emergency preparedness, including with your money. Half of U.S. households lost income due to the economic fallout of the coronavirus pandemic, according to a recent Bankrate survey of over 3,700 Americans conducted in June. That’s why it’s critical to have an emergency financial aid kit, said Winne Sun, managing
Time and again, agents cite culture and kinship as mattering as much to them in their choice of a … [+] firm as money. And money, even venture money, doesn’t last forever. getty How does a real estate brokerage succeed in the COVID-19 world? Of course, it’s about the agents who choose to associate and
A United Airlines plane sits on the tarmac at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines on Friday said it plans to add a small amount of flights in September, staying cautious as the coronavirus pandemic continues to depress travel demand. The Chicago-based airline’s September capacity will be 37% of year-ago levels and
Caterpillar Inc. excavators are displayed for sale at the Whayne Supply Co. dealership in Louisville, Kentucky, U.S., on Monday, Jan. 27, 2020. Luke Sharrett | Bloomberg | Getty Images Industrial machinery manufacturer Caterpillar said Friday that cost reduction and prioritized spending helped it offset a $1.4 billion decline in dealer inventories during the second quarter and