A federal coronavirus small-business loan program has helped millions of companies stay afloat during the pandemic, but may have also sunk billions of dollars on “fraud, waste, and abuse,” House Democrats said Tuesday. The conclusion from majority staff on the House coronavirus subcommittee came in a new report on the Paycheck Protection Program, a key
Month: September 2020
Construction projects involve large investments of money and time, and because many owners don’t … [+] have the experience needed to oversee projects, they turn to owner’s reps. Amicon Construction projects require large investments. Mistakes and delays can be exceptionally costly. Shepherding a construction project from start to finish to make the most of the
By Nancy Collamer, Next Avenue Contributor Barbara Sher Courtesy Barbara Sher’s YouTube channel With entire industries pummeled by the pandemic, millions of older American workers are being forced to find new career paths. If you’re one of them, you’re likely struggling to find your way forward. There’s no surefire formula for navigating a successful career
Taxpayer puts up the white flag to IRS in exchange for easier terms getty In the wake of last week’s damning report from the Senate Finance Committee, the IRS is crowing over the first opponent to throw in the towel in a Tax Court brawl over a syndicated conservation easement based on the IRS offer
Rabbi Shmuel Herzfeld has his arm disinfected by Dr. Chao Wang during a clinical trial for a Coronavirus vaccine at Meridian Clinical Research in Rockville, Maryland on Monday, July 27, 2020. The Coronavirus vaccine was created by the biopharmaceutical company Moderna. Amanda Andrade-Rhoades | The Washington Post | Getty Images A top group advising U.S.
A worker is seen wearing a mask while organizing merchandise at a Walmart store, in North Brunswick, New Jersey, July 20, 2020. Eduardo Munoz | Reuters Check out the companies making headlines in midday trading. Zoom Video — Shares of the video conferencing company rallied more than 30% on the back of better-than-expected results for
Joggers pass the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Tuesday, Aug. 18, 2020. Erin Scott | Bloomberg | Getty Images Interest rates near zero likely will stay in place not for months but years as the Federal Reserve seeks to reengineer an economy characterized by low inflation and an uneven labor
David Bakke, 48, considered himself pretty responsible when it came to saving money. As a freelance blogger, he had been putting money aside in an emergency fund and had about $6,000 saved before the pandemic. But Covid-19 caused his business to slow while a surprise air conditioning repair set him back $3,000. “It [emergency savings]
Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Aly Song | Reuters With Apple and Tesla’s shares trading at lower prices after their stock splits on Monday, you might be thinking now is the time to invest in these companies. After all, one
Air quality monitors alert you to otherwise undetectable dangers in your home like radon. AIRTHINGS/GREENROOM // WELLNESS BY DESIGN, TILLER PRESS, © J. GOLD Jamie Gold spent years focused on her work, neglecting her health, eating the wrong foods, putting on weight and living a less-than-healthy lifestyle. One day 11 years ago she decided to
getty Yes, the Netherlands! Some time ago (almost exactly a year ago, in fact), I started researching what eldercare looks like in other countries, and had put this article together but waited to publish it until I could provide a series of such articles. At the time, my interest was in eldercare per se, and
Economic Security Planning, Inc. Today’s column addresses questions about whether survivor’s benefits can be claimed after taking retirement benefits, retirement benefits before spousal benefits and selling land while receiving Social Security disability benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets
Jim Hackett, president and chief executive officer of Ford Motor Co., right, speaks as Jim Farley, president of global markets, stands next to a 2020 Ford Motor Co. Explorer sport utility vehicle (SUV) during a reveal event in Detroit, Michigan, U.S., on Wednesday, Jan. 9, 2019. Jeff Kowalsky | Bloomberg | Getty Images Ford Motor
A man walks past the Wall Street Charging Bull in New York, the United States, March 24, 2020. Wang Ying | Xinhua News Agency | Getty Images Stock futures dipped in overnight trading on Monday after Wall Street notched its fifth consecutive month of gains. Futures on the Dow Jones Industrial Average fell about 50
A bear statue stands outside the Frankfurt Stock Exchange, operated by Deutsche Boerse AG, in Frankfurt, Germany, on Friday, March 13, 2020. Alex Kraus | Bloomberg | Getty Images Throw in the towel on a market pullback? It’s getting lonely being a market bear. Investors — even market bulls — who are trying to figure
Tang Ming Tung | DigitalVision | Getty Images From jobs to savings to retirement plans, the coronavirus pandemic has upended many Americans’ financial lives. While millions are still unemployed and many have seen their emergency savings run dry, it isn’t all necessarily negative. Many are saving more and spending less. In fact of those surveyed
In Orlando, Baldwin Park rentals as they looked while under construction. Private entrances and … [+] separate garages allow more physical distancing. Generous balconies are in greater demand in a time when fresh outdoor air is desired more than ever. Photo courtesy of Torti Gallas and Partners I recently overheard a developer lament, “amenities used
Lori Lightfoot, mayor of Chicago, speaks after being sworn in during an inauguration ceremony in … [+] Chicago, Illinois, U.S., on Monday, May 20, 2019. Chicago makes history Monday as Lightfoot becomes its first black, female mayor after sweeping all 50 wards by promising to reform the third-biggest U.S city. Photographer: Daniel Acker/Bloomberg © 2019
Barbed wire dividing a old weathered and ripped dollar bill getty Francine J. Lipman, a law professor at the University of Nevada, Las Vegas, talks with Darrick Hamilton, a stratification economist and the New School’s incoming Henry Cohen Professor of Economics and Urban Policy, about the intersection of U.S. tax policy and racial wealth inequality.
Lisa Taylor receives a Covid-19 vaccination from RN Jose Muniz as she takes part in a vaccine study at Research Centers of America on August 07, 2020 in Hollywood, Florida. Joe Raedle | Getty Images Around 74% of adults globally are wiling to get immunized against the coronavirus if a vaccine became available — but that