The Marriner S. Eccles Federal Reserve building stands in Washington, D.C., U.S., on Tuesday, Aug. 18, 2020. Erin Scott | Bloomberg via Getty Images The Federal Reserve has lowered the barriers on its lending program for smaller businesses as part of an effort to broaden the appeal of the sparsely used facility. In another pair
Month: October 2020
I started my debt-free journey back in March of 2015 after a series of events led me to realize my husband and I were one emergency away from bankruptcy. We had over $212,000 in debt, not including our mortgage. After pulling myself out of a pit of anxiety and despair, I knew that we had
Michael Wirth, CEO of Chevron. Adam Jeffery | CNBC Chevron on Friday reported its second straight quarter of losses after revenue during the third quarter fell 32% year over year, hammered by Covid-19. Amid declining oil prices Chevron said it implemented aggressive cost-cutting measures. The oil giant lost $207 million during the quarter. On an
David Rea in Chobe National Park in Botswana. Source: David Rea For two years in a row, something hasn’t changed on CNBC’s ranking of the top 100 financial advisors in the U.S.: Salem Investment Counselors has come in at No. 1. CNBC spoke recently with Salem’s president, David Rea, about why he believes his firm
U.S. President Donald Trump and Democratic presidential candidate former Vice President Joe Biden answer a question during the second and final presidential debate at the Curb Event Center at Belmont University in Nashville, Tennessee, October 22, 2020. Morry Gash | Pool | Reuters During the pandemic, federal student loan borrowers have been given a break
Voters wait in line to enter a polling place and cast their ballots on the first day of the state’s in-person early voting for the general elections in Durham, North Carolina, U.S. October 15, 2020. Jonathan Drake | Reuters Economic stimulus is top-of-mind for many small business owners — especially following Monday’s Supreme Court confirmation
Cloud storage getty The pandemic has shone a light on the need for families and older individuals to ramp up their game in preparing for the unexpected. One of the ways we should all be doing that is by locating and reviewing our estate documents and securing them in the safest place possible. Adults of any
Getty Images Calling scientists idiots, mocking masks, holding rallies with no social distancing, organizing a super spreader event at the White House, discouraging testing, making states compete for vital medical supplies, failing to organize a federal contract-tracing system — these purposeful actions and inactions are why we are seeing articles counting Trump Deaths from Trump
AI-powered geographic data is revolutionizing how we solve the demand for housing at scale. Wirestock The UK has long grappled with the issue of housing development – with the National Housing Federation estimating that a massive 8.4 million people in England alone are currently living in an unaffordable, insecure or unsuitable home. As we look
In towns and cities around the world, architects are constantly trying to design and develop buildings that are visually pleasing, energy efficient and long lasting. Their ideas are informed by an almost limitless range of factors, from budgetary and engineering constraints to historical and aesthetic concerns. Perhaps surprisingly, however, the natural world can also be
Amazon reported better-than-expected third-quarter results after the bell on Thursday, including soaring profits and 37% revenue growth. The stock bounced around in extended trading, falling as much as 2%, after Amazon provided a wide guidance range for the fourth quarter. Earnings: $12.37 vs $7.41 per share expected, according to analysts surveyed by Refinitiv Revenue: $96.15
Apple CEO Tim Cook delivers the keynote address during the 2020 Apple Worldwide Developers Conference (WWDC) at Steve Jobs Theater in Cupertino, California, June 22, 2020. Brooks Kraft | Apple, Inc. via Reuters U.S. stock futures fell in overnight trading Thursday after some of the technology heavyweights came under pressure following their quarterly reports. Futures
Traders work on the floor of the New York Stock Exchange in masks right before the market hit its Covid-19 bottom in late March 2020. Lucas Jackson | Reuters If the Dow Jones Industrial Average drop of 650 points on Monday has you concerned about a sudden shift in investor sentiment and prolonged spike in
The New York Stock Exchange in lower Manhattan in New York City. Spencer Platt | Getty Images Earnings hopes wilt as fresh Covid outbreak throws 2021 reopening in doubt. That’s the story of earnings season so far. It’s the one word investors didn’t want to hear: lockdown. Never mind it’s mostly in Europe, and only partial. ”Lockdown light”
Courtney Keating | E+ | Getty Images The U.S. stock market has had a volatile year, and choppy swings up and down show no sign of subsiding anytime soon. The roller-coaster ride can be worrying for those saving for, in or near retirement, yet financial advisors say that people with investment portfolios should stick with
Illinois Gov. JB Pritzker answers questions from the media during his daily press briefing on the … [+] COVID-19 pandemic from his office at the Illinois State Capitol, Friday, May 22, 2020, in Springfield, Ill. (Justin L. Fowler/The State Journal-Register via AP, Pool) ASSOCIATED PRESS It was going on two years ago, back in February
Economic Security Planning, Inc. Today’s column addresses questions about what happens if you delay filing for Social Security retirement benefits past 70, whether someone can falsely claim spousal benefits on someone else’s record and when survivor’s benefits can be paid and why they may not be. Larry Kotlikoff is a Professor of Economics at Boston
Topline After a year of savage cuts and restructuring following a disastrous IPO attempt that saw then-CEO Adam Neumann evicted and the company’s value plummet, WeWork’s new head says he finally sees profitability on the horizon for 2021 and, if all goes well, another IPO, Bloomberg reports. WeWork contemplates another IPO attempt getty Key Facts
A waiter sweeps the street of a tapas bar area near Elvira street on October 24, 2020 in Granada, Spain. Carlos Gil Andreu | Getty Images News | Getty Images LONDON — A variant of the coronavirus that is believed to have originated in Spain has spread across Europe and now accounts for most of
Facebook stock remained relatively flat on Thursday after the company reported a decrease in users in the U.S. and Canada but moderate revenue growth in its third-quarter earnings. Earnings: $2.71 cents per share, vs $1.91 per share forecast by Refinitiv Revenue: $21.47 billion, vs $19.8 billion forecast by Refinitiv Daily active users (DAUs): 1.82 billion
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