US President Donald Trump shows his signature on the Paycheck Protection Program Flexibility Act of 2020 as he holds a press conference on the economy, in the Rose Garden of the White House in Washington, DC, on June 5, 2020. Mandel Ngan | AFP | Getty Images President Donald Trump signed a bill Friday to
Month: June 2020
Getty A frequently asked question regarding retirement for people fortunate enough to have a defined-benefit pension is…should you take the lifetime monthly pension or lump sum option? As companies look to shrink increasing pension costs and liability, they will frequently offer a pension lump sum buyout. This significant amount is usually the largest lump-sum payment
Cutting spending prematurely could make the recession deeper and longer. A woman wearing a facemask enters a building where the Employment Development Department has its … [+] offices in Los Angeles, California on May 4, 2020, past a posted sign mentioning the closure of the offices’s public access counters due to the coronavirus pandemic. -(Photo
Figures released earlier this week by Reapit, a CRM software provider that processes in excess of … [+] 30% of all UK property transactions, revealed just how quickly sellers, buyers, and renters have returned to market to get on with their plans and their lives. Getty According to the latest Nationwide House Price Index, U.K.
A medical staff member in a mask with a patient outside of an ambulance amid the COVID-19 outbreak on April 19, 2020 in New York City. Roy Rochlin | Getty Images Coronavirus cases in the United States have been slowly ticking up since the Memorial Day holiday, according to a CNBC analysis of data compiled
Billionaire businessman Barry Diller joined CNBC’s “Squawk Box” on Friday. Diller, chairman of Expedia Group and digital media group IAC, told Squawk Box in April that the U.S. government needed to bail out every company hit hard by the coronavirus pandemic and “we’ll worry about paying the bills later.” Expedia Group’s brands include Expedia, Hotels.com, and Trivago, while IAC’s brands include
Pedestrians stand in front of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, March 13, 2020. Mark Kauzlarich | Bloomberg | Getty Images U.S. stock futures opened higher on Thursday after took a breather from its strong run-up to start the month. Dow Jones Industrial Average futures traded 35 points higher,
The coronavirus shutdown derailed the plans of students across the globe. Some people are opting to take time off of college to wait for their campus, and the world, to return to some form of normal. Watch this video to learn why one prospective student decided not to enroll next semester and to see how
LOS ANGELES-CA-MAY 25, 2020: Veterans including Karla Gonzalez, second from right, who served 12 years in the U.S. Army, salute during a Memorial Day ceremony at Los Cinco Puntos. Christina House Americans are hurting from the economic fallout of coronavirus pandemic. Military veterans are no exception. More than 1 million vets filed for unemployment in
Making the right choices when it comes to a Pension Buyout offer can lead to a more joyful … [+] retirement. Getty During the coronavirus pandemic, more people are worried about their company pension plans. Many American companies are under financial duress, which could spill over into the underfunding of pension plans. Make 2020 the year
LIVERPOOL, ENGLAND – MARCH 11: Diego Costa of Atletico Madrid during the UEFA Champions League round … [+] of 16 second leg match between Liverpool FC and Atletico Madrid at Anfield on March 11, 2020 in Liverpool, United Kingdom. (Photo by Robbie Jay Barratt – AMA/Getty Images) Getty Images La Liga players may not be
Photo: Getty Along many of Missouri’s riverbanks, we’re seeing waterfront homes being swept away by the swift force of rising water. All that remains are the crumbling concrete foundations. In river cities like Kansas City, spring rainstorms can cause significant real estate damage. This is true for properties in flood zones, neighborhoods with flood risk,
Pharmaceutical company AstraZeneca is aiming to produce 2 billion doses of a coronavirus vaccine, including 400 million for the U.S. and U.K. and 1 billion for those in low- and middle-income countries. It plans to start distributing the vaccine to the U.S. and U.K. in September or October, with the balance of deliveries likely to
Investor Paul Meeks sees record upside in technology stocks. Meeks, who’s known for running the world’s largest tech fund during the dot-com bubble, reveals he’s just as passionate now — and he’s making a big bet on semiconductors. “We’re now seeing tech as not only the obvious upside winner, but believe it or not despite what
In my 20-plus years of hiring and recruiting, I’ve always started off my interviews with a simple question: “Tell me about yourself.” Many people see this as one of the “toughest” or “trickiest” interview questions. Still, it’s been a popular go-to for hiring managers because it tells them a lot about a candidate’s professional priorities.
Online broker Charles Schwab received antitrust approval from the U.S. Department of Justice for its acquisition of TD Ameritrade, sources told CNBC’s David Faber on Thursday. Shares of Schwab jumped nearly 7% in premarket trading following the report. TD Ameritrade rose more than 9% before the opening bell. Schwab announced last November it would buy
U.S. President Donald Trump’s name appears on the coronavirus economic assistance checks that were sent to citizens across the country April 29, 2020 in Washington, DC. Chip Somodevilla | Getty Images If you’re eligible for a $1,200 stimulus check and haven’t received yours yet, there’s good news: Money is still available. The U.S. government just
Making a tough choice? Carefully investigate your options. Getty Many older workers are in a jam these days, having been furloughed or laid off due to the economic turmoil caused by the COVID-19 pandemic. Relief payments and unemployment checks might help some people. But many older workers need additional help to make ends meet, and
Getty The Internal Revenue Service (IRS) has now processed 159 million Economic Impact Payments (EIPs, sometimes called stimulus checks), totaling almost $267 billion. That includes 120 million direct deposits, 35 million paper checks, and 4 million pre-paid debit cards. (You can find out how out many payments went to your state here.) But the IRS isn’t done yet. Millions
The usual ways to assess real estate markets are out the window this year. The standard equation is that more jobs lead to more demand for housing, but with a massive loss of jobs in ALL markets this year, that analysis doesn’t work. So, how can we now decide which markets are the best bets
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