Month: July 2020

Economic Security Planning, Inc. Today’s column addresses questions about whether dependent benefits are affected by the earnings test, how delayed retirement credits for retroactive benefits are calculated and how repayments of overpayments are calculated. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which
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Joe Biden and Donald Trump Ron Adar | Echoes Wire | Barcroft Media via Getty Images; Mandel Ngan | AFP | Getty Images Goldman Sachs is warning that the upcoming presidential election could see delayed results, and is therefore recommending that clients hedge their market bets through December in anticipation of heightened volatility through November.
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Junior’s Cheesecake owner Alan Rosen told CNBC on Monday that restaurants would be in serious financial trouble if they have to reopen then close back down due to the coronavirus pandemic.  “This opening and closing could be the death knell of restaurants in this country,” Rosen said on “Power Lunch.” ”When people are buying up food, then
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A major financial institution is starting to lose enthusiasm for U.S. stocks. Invesco’s Kristina Hooper is worried the latest coronavirus spike will push states to close their economies again. “Up until now the U.S. has been rewarded because of expectations that we wouldn’t see any kind of significant lockdowns even if infection rates grew,” the
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“Constraints breed resourcefulness, self-sufficiency, and invention,” reads one of Amazon’s famous core leadership principles delineated on its website. This, one of the major tenants upon which Jeff Bezos built Amazon, is something he learned as a kid spending more than a dozen summers on working on his grandfather’s ranch in Texas. “I learned so much from my
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A pedestrian passes by the New York Stock Exchange, NYSE, in New York on March 17, 2020. (Photo by Michael Nagle/Xinhua via Getty) (Xinhua/Michael Nagle via Getty Images) Xinhua News Agency Companies struggling to get through the coronavirus slashed the amount of money they returned to shareholders through dividends in the second quarter. The net
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The exterior of New York Hardcore Tattoos on the first day of re-opening as New York City officially begins ‘Phase Three,’ of opening on July 06, 2020. Spencer Platt/Getty Images Many states are pushing jobless residents to get back to work — and are using their unemployment benefits as leverage. State officials are re-imposing rules requiring
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By Richard Eisenberg, Next Avenue Editor Getty This is the time of year when personal finance writers like to tell readers to give themselves a midyear money checkup. That’s a good idea for 2020 and my co-hosts on the Friends Talk Money podcast and I have a few suggestions in our latest episode. But frankly,
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A letter from the Internal Revenue Service, signed by President Trump, notifies a family via U.S. … [+] Mail of an economic impact payment direct deposit made to their account in East Derry, N.H., Monday, April 27, 2020. The funds were provided as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. (AP
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