An exterior view of Sweet Tomatoes restaurant, which have closed their doors, on July 08, 2020 in Pembroke Pines, Florida. Johnny Louis | Getty Images As Covid-19 cases continue to climb in cities and states around the country, businesses are being faced with a second wave of closures and potential layoffs. The National Restaurant Association
Month: July 2020
By Ken Dychtwald and Robert Morison, Authors and Next Avenue Contributors Getty (In their new book, What Retirees Want: A Holistic View of Life’s Third Age, authors Ken Dychtwald — a Next Avenue Influencer in Aging — and Robert Morison explore marketers’ misconceptions and mistakes regarding older Americans. The book is based on surveys of
Getty This Tax Day doesn’t sure doesn’t look – or feel – like any other Tax Day. Due to Covid-19, the original filing deadline and tax payment due date for 2019 was postponed from April 15, 2020, to July 15, 2020. With many states still under travel and work restrictions due to the pandemic, some
Economic uncertainty and lockdown measures have prompted 22 million Americans to delay buying a home … [+] during the pandemic. Getty Despite the housing market continuing to heat up as economies reopen, the recession driven by the coronavirus pandemic has upended the plans for many first-time buyers eager to invest in a new home. A
Then-Alabama Lieutenant Governor Kay Ivey speaks to a crowd before U.S. Republican presidential candidate Mitt Romney’s speaks to workers and followers, at Thompson Tractor in Birmingham, Alabama March 9, 2012. Marvin Gentry | Reuters Alabama Gov. Kay Ivey on Wednesday ordered people to wear masks to try to curb the coronavirus outbreak. The order, which
UnitedHealth on Wednesday said its second-quarter profit more than doubled, as the largest U.S. health insurer’s medical costs fell after the coronavirus outbreak forced Americans to delay less urgent surgeries and procedures. The company, however, maintained its full-year adjusted profit forecast of $16.25 to $16.55 per share, saying demand for healthcare began to recover in May
U.S. Treasury Secretary Steven Mnuchin walks to the West Wing of the White House on July 9, 2020. Photo by Win McNamee/Getty Images ‘Dramatically different situation’ The employment picture improved over the past two months, as states began reopening their economies. Businesses added 7.5 million jobs to their payrolls over May and June, following a
A growing number of hedge-fund and private-equity partners are using a new app that helps them avoid a special New York City tax if they’ve been working outside the city. Monaeo, a company that helps taxpayers track and store their location data to show to tax authorities, said its business has more than doubled in
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Wednesday. Here’s what Wall Street expects: Earnings: $3.78 per share, a 35% decline from a year earlier, according to Refinitiv. Revenue: $9.75
ljubaphoto “This year’s July 15 filing date is considered a disaster-related postponement of the filing deadline,” said IRS spokesman Eric Smith. “Where a disaster-related postponement exists, the IRS is required by law to pay interest, calculated from the original April 15 filing deadline, as long as an individual income taxpayer files a 2019 tax return
Alex and Kelsey Carroll’s company, Toss Up Events, designed and operated unique fan experiences at major sporting events across the country. Then the coronavirus shutdown canceled all large gatherings for the foreseeable future. The Carrolls, both 31, had all of their employees pack up their equipment and head back to the company’s headquarters in Dallas.
Retirement planning in 2020 Getty Are people still talking about retirement in July of 2020? Today, as the novel coronavirus takes center stage in the minds and hearts of people across the globe, should we make room in our psyches to think about a post-coronavirus world and what retirement might look like for today’s retirees,
A budtender (right) shows cannabis buds to a customer at the Green Pearl Organics dispensary on the … [+] first day of legal recreational marijuana sales in California, January 1, 2018 at the Green Pearl Organics marijuana dispensary in Desert Hot Springs, California. / AFP PHOTO / Robyn Beck (Photo credit should read ROBYN BECK/AFP/Getty
Buildings should be of their time, not rigidly classically styled. Universal Images Group via Getty Images The American Institute of Architects (AIA) strongly supports legislation proposed today that would thwart an anticipated Executive Order mandating classical architecture as the preferred design style for federal courthouses and other federal properties. The legislation, proposed July 15, 2020
A protester waves an Israeli flag as police use water cannons during clashes at a demonstration against the Israeli prime minister outside his official residence in Jerusalem, on July 14, 2020. Menahem Kahana | AFP | Getty Images The Israeli government made “very serious mistakes” after initially containing the coronavirus outbreak, and “tremendous damage” is
Citigroup reported on Tuesday second-quarter results that surpassed analyst expectations thanks in part to a massive surge in trading revenue that helped offset a slowdown in the company’s consumer banking business. Here’s how the company’s results compared to analyst estimates: Earnings: 50 cents per share vs 28 cents per share expected by Refinitiv Revenue: $19.77 billion
People wearing face masks move packs of vegetables at a wholesale market for agricultural products, as the country is hit by an outbreak of the novel coronavirus, in Beijing, China February 19, 2020. Tingshu Wang | Reuters Elevated food prices are just one of many new challenges China needs to face in the wake of
Medical staff work outside the Covid-19 intensive care unit at United Memorial Medical Center in Houston on June 30. Go Nakamura | Getty Images Amid one of the worst public-health crises in history, a record number of Americans are without health insurance. More than 5.4 million people who were laid off from their jobs are
People Need More Care, But Lack of Support For Aides Puts Everybody’s Health At Risk Getty The coronavirus pandemic continues to spread like wildfire through the U.S. Amid this pandemic, people need to be able to stay home to stay safe. Yet many workers cannot take time off, even if continued work means putting their
May state sales tax receipts shrank by nearly $6 billion, or 21 percent, compared to May 2019, according to data compiled by the Tax Policy Center. State stay-at-home orders, decisions to close businesses, states’ sales tax filing and payment deadline extensions, and COVID-19 cases all contributed to the freefall of sales tax revenues. State sales tax revenue
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