Black, Latinx and Asian Workers Feel The Brunt Of The Recession. getty The country is in a deep recession amid a global pandemic. Millions of people are still out of a job. Many now face financial hardship, as the federal government’s initial additional unemployment benefits ended in July. Yet the pace of job growth has
Month: October 2020
LAX AIRPORT, CA – AUGUST 20: Passengers connect with drivers at the Rideshare Lot at LAX as … [+] Uber and Lyft drivers held a moving rally as part of a statewide day of action to demand that both ride-hailing companies follow California law and grant drivers basic employee rights and to denounce the corporations
Breegan Jane revels in the design-build process Courtesy of Breegan Jane on behalf of Trane Residential California native Breegan Jane is an interior designer, owner of an eponymous design-build firm, and, among other media turns, the new designing face of HGTV’s recent reboot of “Extreme Makeover: Home Edition.” She sees the ongoing Corona virus pandemic
Guitarist Eddie Van Halen of Van Halen performs on stage at Sleep Train Amphitheatre on September 30, 2015 in Chula Vista, California. Daniel Knighton | Getty Images Eddie Van Halen, guitarist and co-founder of Van Halen, has died after a long battle with throat cancer. He was 65. Van Halen’s son Wolfgang confirmed the musician’s
Trainers have Orca killer whales perform for the crowd during a show at the animal theme park SeaWorld in San Diego. (File photo). Mike Blake | Reuters Check out the companies making headlines in midday trading. SeaWorld Entertainment — SeaWorld shares popped more than 7% after a Credit Suisse analyst upgraded them to outperform from
Democratic presidential candidate Joe Biden says his tax hikes would only effect the wealthy — defining “wealthy” as those who make more than $400,000 a year. But according to a financial planning analysis, families making $400,000 a year aren’t exactly living large — especially in major cities. A family of four with $400,000 a year
Advisors are bullish on Joe Biden, but bracing for a rocky election cycle, according to a CNBC FA 100 survey. More than a third, or 37%, of top-rated financial advisory firms said they believe the Democratic nominee will be elected as the next U.S. president, compared to 20% predicting President Donald Trump will come out
David Rea, president of Salem Investment Counselors in Winston-Salem, North Carolina. Salem Investment Counselors Stock prices are “OK” — neither cheap nor pricy — given prevailing interest rates and other factors like federal stimulus money that’s been pumped into the U.S. economy since the spring, according to David Rea, the president of Salem Investment Counselors. The Winston-Salem,
Not paying close attention to your medicare Plan’s Annual Notice of Changes could cost you. getty If you have a Medicare Advantage or Part D prescription drug plan, you’ll want to read this post. By now, you should have received an envelope labeled with “Important Plan Information” in bold type. If you’re like most, you
ANAHEIM, CA – SEPTEMBER 30: An employee walks through the entrance to Disneyland Park and California … [+] Adventure Park, which have been closed since March 14 due to the coronavirus pandemic, Wednesday, Sept. 30, 2020 in Anaheim, CA. After suffering losses for months due to Gov. Newsoms mandatory coronavirus shut-down, Disney says it will
The two-story box-like home, which is on the market for $12.9 million, has an indoor pool and cinema … [+] room CGP Design Do unusual homes require a different kind of sales marketing? The owner of this converted Cold War bunker in northwest London clearly thinks so. The sales particulars for this 10,000-square-foot concrete house
Garmin was once a rising star in consumer electronics, with its personal navigation devices a common sight on car dashboards and in hikers’ backpacks. The company’s heyday — roughly the late 1990s to around 2008 — ended with the birth of GPS-enabled smartphones from Apple and Google, which offered convenience and features like real-time traffic data Garmin
Chamath Palihapitiya Olivia Michael | CNBC Chamath Palihapitiya has found his next SPAC target — Clover Health, a Medicare insurance startup backed by Alphabet. Clover will go public via a merger with Social Capital Hedosophia Holdings Corp. III, a special purpose acquisition company. The deal values Clover at $3.7 billion and includes up to $1.2 billion
Joe Biden and Donald Trump speak during the first U.S. presidential debate on Sept. 29, 2020. Kevin Dietsch/UPI | Bloomberg | Getty Images Stock market analysts in Asia clearly do not agree on who will win the U.S. presidential election. But they’re pretty unified on how they plan to play it. CNBC asked 30 strategists
The U.S. Capitol in Washington, D.C. Stefani Reynolds/Bloomberg via Getty Images Democrats and Republicans still seem unable to find common ground on enhanced unemployment benefits, more than two months after the expiration of a prior, $600 weekly subsidy that had buoyed household income for millions. White House officials and senior congressional Democrats are still trying
Abraham Lincoln statue in front of the Illinois State Capital Building in Springfield, Illinois getty Longtime readers with particularly good memories may recall my first actuary-splainer: “Why Public Pension Pre-Funding Matters.” Knowing that many public pensions have had a long legacy of unfunding, and that the elected officials in charge of those plans have been
Colorful tech figure and sometimes taunter of the IRS John David McAfee has been indicted for federal income tax evasion. Given his profile, particularly such antics as proclaiming that he isn’t filing tax returns but the IRS can come find him, it may not seem a surprise that McAfee is in some serious hot water.
With the economy fluctuating, more investors turn to the real estate market because of its resilience. Yet, to get the most out of the real estate market, an investor needs to spot trends before they become apparent to everyone. Over the next one to three years, the real estate market is likely to see a
Robert Pattinson dons the cowl in Matt Reeves’ “The Batman.” Warner Bros. More than 500 movie theaters in the U.S. will close before this weekend, sending the film industry into a tailspin. On Monday, Warner Bros. re-positioned a number of hotly anticipated movies on its calendar including “Dune” and now “The Batman.” Earlier Monday, Cineworld said it
Crowdcube co-founder and CEO Darren Westlake. Crowdcube LONDON — British start-up investing platforms Crowdcube and Seedrs are set to merge in an industry-shaking deal that will create a £140 million ($181.4 million) equity crowdfunding powerhouse. Crowdcube and Seedrs, founded in the wake of the 2008 financial crisis, shook up the capital markets by allowing the
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