CNBC Make It is posting a new financial task to tackle each day for a month. These are all meant to be simple, time-sensitive activities to take your mind off of the news for a moment and, hopefully, put you on sturdier financial footing. This is day 11 of 30. Balance sheets, which list out all
NoDerog | iStock | Getty Images Millions of Americans received stimulus checks from the U.S. government this week to help stave off the negative economic effects of the coronavirus. But many people are still asking: Where is my money? If you haven’t received your payment yet, take heart: Millions more Americans are slated to receive
A worker at NYC-based tech company Adafruit makes a face shield during the coronavirus pandemic in 2020. Adafruit.com Across New York City, businesses hardly resemble their pre-pandemic operations. Fashion designers are sewing face masks instead of garments, restaurants have transformed into grocery stores and distilleries are making alcohol that’s too strong to drink. Kings County
World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus attends a daily press briefing on COVID-19, the disease caused by the novel coronavirus, at the WHO heardquaters in Geneva on March 11, 2020. Fabrice Coffrini | AFP | Getty Images The World Health Organization issued a warning Friday about coronavirus testing, saying there’s no evidence serological
New York Federal Reserve President John Williams said that he sees some aspects of the economy coming back online but doubts growth will get back to normal through 2020. Williams spoke Friday with Steve Liesman on CNBC’s “Squawk Box.” Areas such as construction should be the first to come back, he said, echoing comments from
Experiencing intense flashbacks, nightmares, irritability, anger, and fear? In the face of a traumatic event like the Covid-19 pandemic, it’s common to feel this way. While many people associate post-traumatic stress disorder with something like war, it’s a chronic psychiatric disorder that can occur in people who have experienced or witnessed a traumatic event, such as
From 2007 through 2019, I wrote the weekly Activist Spotlight column at Barron’s. I have now joined the CNBC team and will be writing the weekly update exclusively for CNBC readers. Due to the coronavirus crisis we have delayed the launch of this column, but we believe now is the right time to start focusing
Empty desks and chairs in a high key cafeteria room with no people during corona virus pandemic. Giulio Fornasar Samantha Costanza was furloughed in March by her company, which designs merchandise for Broadway shows, all of which are now closed due to the coronavirus pandemic. “I had not heard of the term ‘furlough’ before, and assumed
filadendron As small businesses sought emergency federal loans, financial advisors not only assisted clients, but also applied for aid to bolster their practices. The Paycheck Protection Program, the $349 billion small-business loan offering, ran out of money on April 16 after being open for close to two weeks. More than 1.6 million businesses were approved
A do not walk sign stands in front of a closed Macy’s Inc. store in Arlington, Virginia, U.S., on Tuesday, March 31, 2020. Andrew Harrer | Bloomberg | Getty Images Macy’s is looking for ways to use its real estate during the coronavirus pandemic to come up with cash, according to a Bloomberg report. The department
James Bullard David A. Grogan | CNBC St. Louis Federal Reserve President James Bullard proposed what he sees as the best economic solution to the coronavirus crisis: Pay full costs for any firm that comes up with a test for the virus that can assure the public that it’s safe to resume activity. Doing so,
With roughly 22 million Americans now out of work due to the coronavirus, having enough money to cover bills and buy essentials is a real concern for many. Those attempting to stretch their budgets this month may wind up overdrawing their account and paying hefty fees. Former presidential candidate Sen. Cory Booker (D-N.J.) and Sen.
The SpaceX Falcon 9 rocket emblazoned with the famous NASA “worm” logo for the Demo-2 mission/ NASA NASA and SpaceX are targeting May 27 for the launch of Demo-2, the first launch of NASA astronauts from the U.S. since 2011 and the first crewed launch for Elon Musk’s space company. As its name implies, Demo-2
andresr/Getty Images This week was supposed to include Tax Day, when personal income taxes are traditionally due. Instead, it marked a different big milestone: the beginning of the coronavirus stimulus payments. Now, Congress has updated its timeline on when subsequent rounds of payments can be expected. Here’s the latest, according to the House Ways and
Chris Myers, a Baltimore-based photographer, has applied for a PPP loan Chris Myers | Chris Myers Photography Chris Myers applied for a forgivable loan from the federal government. He’s running his business as if the additional lifeline may not be on its way. “I’m just cobbling enough work together to try covering my studio rent
A man wearing a face mask walks across the street in San Francisco. San Francisco Mayor London Breed announced a new health order Friday requiring city residents and workers to wear face coverings at essential businesses and on public transportation. The order goes into effect at 11:59 p.m. on Friday, but will not be enforced
Pedestrians pass a JPMorgan Chase & Co. bank branch near the New York Stock Exchange in 2018. Bloomberg | Bloomberg | Getty Images JPMorgan Chase says it has closed more small business relief loans than any other bank, but it still has a huge mountain of applications from business owners who are now in limbo.
The historic $2.2 trillion stimulus package dramatically expanded unemployment insurance benefits for the millions of workers losing jobs and wages during the coronavirus pandemic. But while the relief bill was signed into law on March 27, it’s taken weeks for the U.S. Department of Labor to roll out guidelines to states, which administer unemployment programs, on how
Scientist Xinhua Yan works in the lab at Moderna in Cambridge, MA on Feb. 28, 2020. Moderna has developed the first experimental coronavirus medicine, but an approved treatment is more than a year away. David L. Ryan | Boston Globe | Getty Images Biotech stocks surged Friday after new details on a closely watched clinical
Secretary of the Treasury Steven Mnuchin speaks with President Donald J. Trump and members of the coronavirus task force during a briefing in response to the COVID-19 coronavirus pandemic on Thursday, April 02, 2020 in Washington, DC. (Photo by Jabin Botsford/The Washington Post via Getty Images) The Washington Post Veterans and their family members will