Airline industry workers protest in favor of pandemic relief in Chicago’s Federal Plaza on Sep. 9, 2020. KAMIL KRZACZYNSKI/AFP via Getty Images Millions of Americans have headed back to work since the depths of the coronavirus-induced recession in the spring. But nearly 13 million remain unemployed — about 7 million more workers than pre-pandemic levels.
Month: October 2020
You may be surprised by how small the Social Security Cost of Living Adjustment will be for 2021 getty There has been quite a bit of speculation about what the Social Security cost of living adjustment (COLA) would look like for 2021. With the USA falling into a recession and millions of people out of
A torn piece of paper warning about the U.S. Debt rests on top of a U.S. one dollar bill. George … [+] Washington’s eyes are bulging as a result of a failing financial situation. getty Most people take for granted that the federal government will pay its debts in full and on time. After all, the Constitution
A Kasa rental in Austin, Texas. Kasa Kasa Living, a startup that offers short-term rentals inside hotels and multi-family properties, has raised $30 million in Series B funding to improve its software and streamline its operations, the company says. The fundraise adds to a previously unannounced $20 million Series A that it closed last year.
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, speaks during a House Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C. Erin Scot | Pool | Reuters Health officials have struggled to convey the seriousness of Covid-19 to many Americans. President Trump’s rapid recovery from the disease, while welcome by
Michael Corbat, CEO, Citigroup, speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Citigroup is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings: 93 cents a share, a 55% decline from a year earlier, according to Refinitiv. Revenue: $17.2 billion,
People walk by the New York Stock Exchange (NYSE) in lower Manhattan on October 02, 2020 in New York City. Spencer Platt | Getty Images U.S. stock futures were flat in overnight trading on Tuesday as investors awaited the first batch of corporate earnings and updates on a stimulus package. Dow futures fell 10 points.
Jamie Dimon, CEO of JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit in Washington, D.C. on Dec. 6th, 2018. Janvhi Bhojwani | CNBC JPMorgan Chase posted earnings that beat analysts’ estimates for the top and bottom line. The stock edged higher by 1.9% in early trading. The bank posted third-quarter profit of $9.44
Virojt Changyencham | Moment | Getty Images As of mid-September, there were 26.5 million Americans on some form of unemployment assistance. Many families and individuals have been forced to deal with unexpected health costs and uncertain education and day care situations in their communities. Many Americans are facing a grave threat of financial insecurity, having
Getty Images Social Security beneficiaries will see a 1.3% increase to their monthly checks in 2021. The amount was announced on Tuesday by the Social Security Administration, and was in line with previous estimates. Last month, The Senior Citizens League, a nonpartisan advocacy group for older Americans, projected a 1.3% boost, based on available Consumer
Amazon’s annual two-day Prime Day sales event kicks off on Tuesday, Oct. 13 after the coronavirus pandemic delayed the event for months. For the more than 1.7 million small- and medium-sized businesses around the world that sell their products on Amazon, the massive annual shopping event could help provide a boost in a year that’s
This isn’t the only important point when it comes to Medicare, the flu, and the flu vaccine. getty The flu season is coming. We don’t know exactly when it will arrive or how long it will last but it’s on its way. In the United States, flu season generally begins in October, peaks between December and February,
Both the news and the social media have been abuzz in the past couple of weeks with the report that President Donald Trump paid only $750 in federal income tax in 2016 in 2017. On the face of it, this seems totally absurd. After all, $750 is a fraction of what the average middle-income household pays
With stunning views of the city, The Emerald is Seattle’s newest waterfront residential tower. Cory Holland, Clarity NW Just completed, The Emerald is Seattle’s newest luxury condominium tower, located above downtown Seattle’s iconic Pike Place Market and the city’s newly reimagined waterfront. The 40-story faceted-glass building located at the corner of 2nd Avenue and Stewart Street
Peter Cade | Stone | Getty Images The world’s response to Covid-19 can “reshape the future of energy” for years to come, the International Energy Agency said Tuesday in its annual World Energy Outlook report. The IEA report underscored that most important of all is how the crisis will ultimately affect the transition to clean
Workers stand at the port of Qingdao, Shandong province, China June 10, 2019. Reuters BEIJING — China imported and exported a record amount of goods in yuan-denominated terms in September, Reuters reported Tuesday, citing a spokesperson for the national customs agency. China’s exports rose 10.2% in the third quarter from a year ago to 5
At 48, NBA Hall-of-Famer Shaquille O’Neal said he has voted for the first time in his life. “You know I always like being honest on my podcast. I’ve never voted before, America,” O’Neal said on his new podcast, “The Big Podcast with Shaq” on Wednesday. Though O’Neal did not specify whether he voted earlier this
CNBC’s Jim Cramer said Monday there are structural forces exacerbated by the coronavirus pandemic that support continued strength in the stock market, regardless of the presidential election outcome. “I think there’s a genuine belief that it doesn’t matter who wins. It doesn’t matter about stimulus,” Cramer said on “Squawk on the Street.” “There are enough
Millions of Americans are hoping another $1,200 stimulus check will make it to their bank accounts. Whether that happens or not depends on Congress. Republicans, Democrats and the White House still have not been able to strike a compromise on how much to spend and where to provide aid for the next coronavirus stimulus package.
getty “I drunk his liquor,” said one potential juror. “And honestly, I really like moonshine,” said another. The jury selection in a 2018 trial in western North Carolina was proving to be complicated. On paper, the matter appeared straightforward. A woman called 9-1-1 when her husband attempted to kill himself. Responders to the scene found
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