Sen. Bernie Sanders, I-Vt., speaks during an event to introduce the Raise The Wage Act at the U.S. Capitol on Jan. 16, 2019. Chip Somodevilla | Getty Images Senate Democrats passed a budget resolution early Friday, the latest step toward approving President Joe Biden’s $1.9 trillion Covid stimulus plan by a simple majority without Republican
Month: February 2021
Edwin Sanchez, Echez CEO and member of the Latino Business Action Network meets with team members remotely. SLEI Despite being the fastest-growing segment of the U.S. small business ecosystem, Latinos continue to struggle to secure capital from national banks. That’s according to the State of Latino Entrepreneurship 2020 research study from the Stanford Latino Entrepreneurship Initiative. “Over
Five things that people get wrong about retirement arithmetic. Future getty Something there is about retirement that leaves investors in an arithmetic fog. Maybe it’s the marginal tax rate or the compounding or the deferral that gets their numbers all jumbled up. Here are five things that people get wrong about IRAs and 401(k)s, usually
WASHINGTON, DC – FEBRUARY 01: U.S. Sen. Susan Collins (R-ME) speaks as (L-R) Sen. Bill Cassidy … [+] (R-LA), Rep. Jerry Moran (R-KS), Rep. Todd Young (R-IN), Sen. Lisa Murkwoski (R-AK), Sen. Shelley Moore Capito (R-WV), Sen. Thom Tillis (R-NC), Sen. Mitt Romney (R-UT) and Sen. Rob Portman (R-OH) talk to reporters after meeting with
Scenes from the new showroom of Herman Miller which shows classic designs by Charles and Ray Eames, … [+] in Culver City, Ca., Oct. 1, 2009. (Photo by Jay L. Clendenin/Los Angeles Times via Getty Images) Los Angeles Times via Getty Images The Case Study House Program’s vision belonged to Los Angeles-based Arts & Architecture
A healthcare worker administers a shot of the Moderna COVID-19 Vaccine to a woman at a pop-up vaccination site operated by SOMOS Community Care during the coronavirus disease (COVID-19) pandemic in New York, January 29, 2021. Mike Segar | Reuters New York state plans to take unused Covid-19 vaccine doses from hospitals and give them
Unity CEO John Riccitiello speaks onstage during Day 1 of TechCrunch Disrupt SF 2018 at Moscone Center on September 5, 2018 in San Francisco, California. Steve Jennings | TechCrunch | Getty Images Unity Software shares fell as much as 16% in extended trading on Thursday after the video game engine developer provided a forecast that
Cars line up to pick up food boxes at the Athens County Fairgrounds in Athens, Ohio on Dec. 19, 2020. BRAD LEE | AFP | Getty Images Long-term unemployment is edging toward a historical peak, almost a year into the pandemic-fueled downturn. Workers are deemed to be “long-term unemployed” when their jobless spell is longer
Though billionaire investor Mark Cuban has warned people to be cautious with cryptocurrency, he recently said digital assets — from digital goods to cryptocurrencies like bitcoin — will be the future of business. And Cuban has invested in cryptocurrency himself, both in business and personally. In fact, Cuban has an extensive cryptocurrency wallet, which he shared on
The logo of trading app Robinhood is displayed on a smartphone. Olivier Douliery | AFP via Getty Images A U.S. consumer watchdog saw a surge in complaints regarding Robinhood last week, with some clients claiming they were unable to liquidate holdings and move to other brokerage firms. The Federal Trade Commission received more than 100
Image Source | DigitalVision | Getty Images As Washington lawmakers work to come to an agreement on a new coronavirus relief package, one key question has emerged: Will the next stimulus checks be $1,400? President Joe Biden sought to end that debate in a press conference on Friday by re-affirming his commitment to $1,400. “I’m
Vice President Kamala Harris watches as President Joe Biden signs executive orders after speaking on racial equity in the State Dining Room of the White House in Washington, DC on January 26, 2021. Mandel Ngan | AFP | Getty Images Just over two weeks into his administration, President Joe Biden has already made it clear
Financial firms providing services to pensions are required under ERISA to disclose compensation … [+] they earn related to plans. Can these firms demand pension sponsors keep statutorily mandated disclosure secret? getty Financial firms providing services to pensions and 401(k)s are required under ERISA to disclose compensation they earn from plans. Can firms unilaterally demand
WASHINGTON, DC – FEBRUARY 05: U.S. President Joe Biden (C) and Vice President Kamala Harris (L) meet … [+] with House Democratic leaders to discuss virus relief legislation in the Oval Office at the White House February 5, 2021 in Washington, DC. In an effort to generate bipartisa(Photo by Stefani Reynolds-Pool/Getty Images) Getty Images This
Oversized glass doors look onto a courtyard atrium at the new Los Angeles home of celebrity chef … [+] Bobby Flay. Sam Frost Design Celebrity chef and Food Network star Bobby Flay has found something to savor in the Los Angeles housing market, buying a fresh contemporary home in the Hollywood Hills for $7.6 million.
Judge Merrick Garland, U.S. President-elect Joe Biden’s nominee to be U.S. Attorney General, speaks as Biden announces his Justice Department nominees at his transition headquarters in Wilmington, Delaware, January 7, 2021. Kevin Lamarque | Reuters Should CEOs be quaking in their Guccis about a crackdown on white collar crime in the Biden administration? Attorneys are
Evan Spiegel, CEO of SNAP Inc. Stephen Desaulniers | CNBC Snap’s stock fell more than 6% in after-hours trading on Thursday after the company reported its fourth-quarter earnings despite beating Wall Street’s expectations on earnings, revenue and user growth. But the company provided a first-quarter adjusted EBITDA forecast that was much lower than analysts’ consensus
The GameStop Corp. logo on a smartphone Tiffany Hagler-Geard | Bloomberg | Getty Images A look at a list of the 10 most-purchased stocks by retail traders during the market mania last month is missing one key stock: GameStop. AMC Entertainment and Plug Power, two names caught up in the trading frenzy along with GameStop,
The student debt crisis has hit a new milestone — soaring to $1.7 trillion in outstanding loans at the end of last year. As more than 44 million Americans grapple with this burden, the disparity in the amount of that debt held by Black and White borrowers is also growing. Studies show that young Black
Even small fees can wreck your retirement portfolio getty Investment fees are easy to ignore. You don’t get billed for your advisor’s fee or the expense ratio of a mutual fund. They quietly take it out of your investment portfolio every quarter. Yet fees can have a huge impact on your wealth. In this article,
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