Economic Security Planning, Inc. Today’s column addresses questions about when and how spousal benefits can become available, when survivor benefits are available and how the WEP and GPO can affect their availability and potential effects of remarriage on benefits based on an ex’s record. Larry Kotlikoff is a Professor of Economics at Boston University and
Month: August 2020
Thanks to a new fee coming Sept. 1, homeowners are going to pay a lot more to refinance their … [+] mortgages. getty If refinancing your mortgage was even slightly on your radar, you may want to act fast, because come September 1, it’s going to be a lot more expensive. That’s because mortgage purchasers
Philippine President Rodrigo Duterte gives a speech at the Malacanang Palace in Manila on June 1, 2017. Noel Celis | AFP | Getty Images Philippine President Rodrigo Duterte may be injected with Russia’s coronavirus vaccine as early as May 2021, according to the government’s official newswire, which quoted the presidential spokesman on Thursday. Earlier this
Chuck Robbins, chief executive officer of Cisco Technologies Inc., pauses during a panel session on day two of the World Economic Forum in Davos, Switzerland, on Jan. 22, 2020. Jason Alden | Bloomberg | Getty Images Cisco shares fell about 6% in extended trading on Wednesday after the maker of computer networking equipment provided a
Wirecard’s logo can be seen on a smartphone held in front of a stock market chart. Alexander Pohl | NurPhoto | Getty Images Insolvent payments company Wirecard will finally be ejected from Germany’s benchmark DAX index this month after exchange operator Deutsche Boerse announced a change in its selection rules. Deutsche Boerse said Thursday that,
From gate to seat, air travel is undergoing a touch-free transformation, yet the one place flyers are probably most loathe to touch — the airplane bathroom — has received little attention of late. That’s about to change, say companies that are producing “touchless tech” to transform bathrooms into hands-free zones. Which bathroom features are going touchless
The Small Business Administration opened the forgiveness portal for its Paycheck Protection Program loans this week, but companies may want to think twice before rushing in. The CARES Act made these PPP loans available to cash-strapped small businesses starting on April 3. Since then, more than 5 million loans have been approved, accounting for $525
Investor Kevin O’Leary believes in tough love, especially now when entrepreneurs on Main Street are trying to figure out whether it’s time to hang onto their business — or shut down. “This is the time to stay focused and positive,” O’Leary said, speaking at CNBC’s Small Business Playbook virtual summit on Wednesday. “Entrepreneurs are creative by
By Angela Burton, Next Avenue Contributor Rachel Stewart kneeling in front of her grandma in her wheelchair Courtesy of Rachel Stewart In March, when the world began to shift on its axis as Covid-19 hit, Rachel Stewart had no idea her life would shift, too. Neither did Cecilia Huber or Janie Kasse. It’s fair to
For those out of work and looking for new jobs, the federal government is trying to keep the special … [+] pandemic unemployment benefits coming. getty The special pandemic unemployment benefits under the CARES Act, which provided $600 per week, recently expired. In an executive order on August 8, President Trump appeared to continue these
Getty Eden Health, a telemedicine company founded in 2015, raised $25 million in Series B financing, in part to expand its partnerships with commercial real estate firms through virtual and in-person health consultations. The funding round—which was led by Flare Capital Partners, with participation from Greycroft, Aspect Ventures, and other investors—places Eden Health’s valuation close
Daily new cases of the coronavirus in the U.S. fell again on Tuesday, marking three straight days of daily new cases below 50,000. However, some epidemiologists caution it’s too early to establish a trend, particularly because the numbers come as nationwide testing falls as well. Covid-19 deaths, which lag behind cases, topped 1,000 again on
A traveler wearing a protective mask waits to put a suitcase in the back of ride-sharing car displaying Lyft signage at San Francisco International Airport on Monday, May 4, 2020. Paul Morris | Bloomberg via Getty Images Lyft just reported second-quarter earnings including a 61% revenue drop versus the same period last year, but a glimmer
Stocks may see a super-sized comeback deep into next year. The Leuthold Group’s Jim Paulsen sees the depression-like collapse setting the stage for a wartime-type boom. “It forced companies to just knee-jerk react — to cut everything they could to try to survive this pandemic,” the firm’s chief investment strategist told CNBC’s “Trading Nation” on Wednesday.
Kamala Harris made history Tuesday when presumptive Democratic presidential nominee Joe Biden announced the California senator as his running mate. Harris is first Black woman and first Asian American to be the vice presidential nominee of a major party. Being the daughter of immigrants — her father is Jamaican and her mother was Indian — helped
Chip Somodevilla | Getty Images Capitol Hill has come to a standstill following heated discussions last week on what to include in the next coronavirus stimulus package. One thing they did seem to agree on was another set of $1,200 checks to Americans, similar to the payments that went out this spring. While Treasury Secretary
Sheryl Sandberg, COO of Facebook speaks onstage during ‘Putting a Best Facebook Forward’ at Vanity Fair’s 6th Annual New Establishment Summit. Matt Winkelmeyer | Getty Images Facebook COO Sheryl Sandberg on Wednesday said the social media company needs to work with whoever wins the 2020 U.S. election to address their concerns about Big Tech. “We
getty Two years ago, the Trump Administration quietly began a review of the nation’s long-term care (LTC) insurance system, focused primarily on ways to enhance private coverage. This week, just as quietly, an administration task force released its report. Unfortunately, for the most part, the group was unwilling to commit to any meaningful changes to
WASHINGTON, DC – AUGUST 10: U.S. Treasury Secretary Steven Mnuchin speaks as White House Budget … [+] Director Russell Vought looks on during a news conference at the James Brady Press Briefing Room of the White House August 10, 2020 in Washington, DC. U.S. President Donald Trump was briefly evacuated from the room due to
This Days Inn property in Branson, MO was converted into affordable housing. The Repvblik Housing is in high demand in most markets across the US, but supply is hard to come by. Unless, of course, there is a pandemic that completely changes the real estate game, leaving once very active properties now vacant. Developers and
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