African american female real estate agent in kitchen showing gay couple around new house Getty For the most part, the coronavirus pandemic has radically changed how the real estate industry functions. With that in mind, even as states are beginning to slowly reopen, potential buyers should expect a slightly different house hunting experience than they
Month: June 2020
World Health Organization Director-General Tedros Adhanom Ghebreyesus R speaks at a daily briefing in Geneva, Switzerland, on March 2, 2020. Chen Junxia | Xinhua News Agency | Getty Images The World Health Organization said on Monday that more scientists globally should investigate disease clusters to analyze what is driving infection and causing further spread, in
The stronger dollar era may be on borrowed time. Stephen Roach, one of the world’s leading authorities on Asia, is worried a changing global landscape paired with a massive U.S. budget deficit will spark a dollar crash. “The U.S. economy has been afflicted with some significant macro imbalances for a long time, namely a very
Ivory Johnson is the founder of Delancey Wealth Management and a member of the CNBC Financial Advisors Council. In this interview, I asked him how issues of social justice interact with issues of economic justice. Johnson told me it starts with a simple question: What creates wealth? Johnson, a certified financial planner, discusses tax policies
Spencer Platt | Getty Images JPMorgan Chase will bring more of its trading personnel back to its New York headquarters starting next week, according to a person with knowledge of the bank’s plans. Since the coronavirus pandemic took hold in New York in March, most of the bank’s traders and salespeople have worked from home.
Larry Kudlow, director of the U.S. National Economic Council, speaks to members of the media outside the White House in Washington, D.C., U.S., on Monday, June 15, 2020. Photographer: Stefani Reynolds/CNP/Bloomberg via Getty Images The Trump administration wants to end enhanced unemployment benefits and replace them with a different policy, according to a senior aide.
Jovita Carranza, Administrator of the U.S. Small Business Administration, testifies at the Senate Small Business and Entrepreneurship Hearings to examine implementation of Title I of the CARES Act on Capitol Hill in Washington, DC, June 10, 2020. Kevin Dietsch | Pool via Reuters The Small Business Administration is reopening its Economic Injury Disaster Loan and
By Richard Eisenberg, Next Avenue Editor Imani Woody, Larry Curley, Ron Long Next Avenue What does the future of aging in America look like? For answers, every year we ask some of our newest Influencers in Aging to offer their views at the American Society on Aging’s Aging in America conference. The pandemic turned this
Autumn colors illuminated by alpenglow on previously burnt mountain. Getty In the second part of a two-episode series, Tax Notes legal reporter Kristen Parillo interviews Steve Small, one of the authors of the federal income tax regulations on conservation easements who is now in private practice, about the controversy surrounding the tax treatment of conservation easements. This
null Getty According to a survey released Monday, chief financial officers are targeting real estate expenses for further cost cuts heading into the second half of the year in the latest indication that the expansion of remote work is here to stay. According to survey respondents, real estate costs will be among the leading areas
[CNBC’s video player is unavailable for this event. To watch the WHO’s press conference live, click here.] div > div.group > p:first-child”> The World Health Organization is holding a briefing Monday on the coronavirus pandemic, which has infected more than 7.9 million people worldwide and killed at least 434,060, according to data compiled by Johns
7:42 am: Morgan Stanley raises S&P forecast, says recovery will be V-shaped Morgan Stanley’s U.S. equity strategist Michael Wilson raised his S&P 500 target while reiterating his belief that the recovery will be V-shaped based on positive economic data and policy action from governments and central banks. “We remain firmly in the camp that the
Luis Alvarez (This story is for CNBC Pro subscribers only.) Retail investors are giving Wall Street pros a run for their money during the market comeback, with the amateurs’ top picks outperforming those of hedge funds, according to Goldman Sachs. Goldman compiled a portfolio of popular stocks among retail investors and the basket of equities
Nicole Hochsprung, 31, would have started her Roth IRA earlier if she’d known she could withdraw contributions. Source: Nicole Hochsprung Which IRA? Saving for retirement may seem like a back-burner issue for people in their 20s. And it can be confusing. Traditional IRA? Roth? Which should you pick? “Hands down, the simple answer is: ‘Roth all
Getty Last week, the S&P 500 turned positive for 2020. On its face, this makes no sense at all. Covid-19 hospitalizations are still increasing in many states, unemployment is sky high, and we’re in the midst of the worst recession since the Great Depression. In March, I wrote an article pointing out that the stock
The Paycheck Protection Program is a key part of Congress’ virus relief, and it’s gotten way better. In late May, Congress passed a bill expanding the program in key ways, extending the tight 8 weeks covered by the law to 24 weeks. What’s more, Congress relaxed the rule that 75% of funds must go to
Fulton East exterior balconies feature expansive city views and large outdoor balconies on each … [+] floor. Courtesy of Fulton East Chicago, Ill.—Located in Chicago’s Fulton Market District, Fulton East (215 N. Peoria St.) is a 12-story, 90,000-square-foot office and retail building slated to open late summer 2020. The newly constructed development is also among the
A second wave of coronavirus has started in the U.S. — and people need to remain careful or risk stressing out the health-care system again, said William Schaffner, a professor at the Vanderbilt University School of Medicine. “The second wave has begun,” said the professor of medicine told CNBC’s “Street Signs Asia” on Monday. ”We’re opening up across the country, but many, many people
Investors may want to hold on tight. National Securities’ Art Hogan warns the volatility burst will affect the market for weeks. He cites a laundry list of risks including the uptick of coronavirus cases paired with overbought conditions. “The fear of the unknown catches more volatility than anything,” the firm’s chief market strategist told CNBC’s
Photographer: Matt Stroshane/Bloomberg News. BLOOMBERG NEWS NEW PPP APPLICATION FORM ISSUED JUNE 12, REGULATIONS ISSUED JUNE 11, LETTER OF GUIDANCE FROM TREASURY AND THE SBA, AND A SENATE COMMITTEE HEARING HAVE ALL HAVE OCCURRED SINCE PASSAGE OF THE PPP FLEXIBILITY ACT ON JUNE 5TH – HERE IS WHAT YOU NEED TO KNOW. Disney World and
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