Geneva. Allan Baxter | Getty Images The Swiss city of Geneva is to introduce a minimum wage of 23 Swiss francs ($25) an hour, equal to roughly 3,772 Swiss francs ($4,100) a month for a 41-hour working week. Nearly two-thirds of the canton, or state, of Geneva on Sunday voted in favor of introducing the
Month: October 2020
kali9 | E+ | Getty Images If you’re retired and are thinking about downsizing or relocating, and it involves buying a home, you might want to look into how you would finance it. You may discover that qualifying for a mortgage is different from the last time you bought a house. Not only have lenders
Supreme Court Will Review Entire Affordable Care Act Immediately After The Election getty Ending the Affordable Care Act (ACA) will be a case of Robin Hood in reverse – taking from the most vulnerable families to give the wealthiest Americans a massive financial windfall. This could soon become reality if the Supreme Court sides with
Photographer: Daniel Acker/Bloomberg © 2015 Bloomberg Finance LP Covid-19 and the social distancing it requires has pushed more of our purchasing online. In fact, since March an extra $107 billion has been spent online, according to Adobe Analytics. For small business owners forced to close their doors for months and now still seeing dramatic drops
Matt Picheny is the Managing Partner at MJP Property Group. 15 years’ experience as a real estate investor, syndicator, operator and author. getty My first big move in real estate was when I decided to move to New York City to become an actor and was inspired by the musical Rent. Ironically, this led to a
Former Food and Drug Administration commissioner Dr. Scott Gottlieb told CNBC on Friday he believes the White House carefully considered all of its treatment options before it opted to give President Donald Trump the experimental coronavirus antibody cocktail from Regeneron Pharmaceuticals. “This was a wholly appropriate decision to give him active therapy, and then it just
U.S. House Speaker Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) speak to reporters after their coronavirus relief negotiations with Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows at the U.S. Capitol in Washington, U.S. August 7, 2020. Jonathan Ernst | Reuters The trading community is actively debating the
As the last few months have seen interest rates drop, you may be wondering if now is a good time to consider refinancing your mortgage. If the prevailing rates are at least 0.75% lower than your current rate, it’s something that’s certainly worth looking into. But as you do your research, you’ll need to factor in
Robert Smith, the billionaire chairman and CEO of Vista Equity Partners, said Wednesday that there’s a marked disparity in investment opportunities between the public and private markets. Smith, who spoke with CNBC’s David Faber from the Delivering Alpha conference, said that his firm continues to look at high-growth investments in enterprise software versus more mature areas
Tom Brenner | Reuters House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are still working on a compromise stimulus bill to help Americans cope with the coronavirus crisis. In an interview with Fox Business host Lou Dobbs on Wednesday, Mnuchin said second $1,200 stimulus checks that are “similar” to the first payments will be
By Richard Eisenberg, Next Avenue Managing Editor getty Retiring from full-time work can be scary financially, when you no longer have a steady paycheck to count on but still have bills to pay. That’s why my “Friends Talk Money” podcast co-hosts Terry Savage, Pam Krueger and I just devoted our latest episode to ways to
DULUTH, MN – SEPTEMBER 30: President Donald Trump speaks during a campaign rally at the Duluth … [+] International Airport on September 30, 2020 in Duluth, Minnesota. The rally is Trump’s first after last night’s Presidential Debate. (Photo by Stephen Maturen/Getty Images) Getty Images Following The New York Times blockbuster series on President Trump’s personal
More young consumers are enjoying their time at home. getty A new report by youth marketing experts YPulse titled “No Place Like Home” provides significant new insights on how the Covid pandemic has changed how Gen Z and Millennials view the homes. The following statement summarizes key findings: “As young people look to their spaces
WASHINGTON, DC – OCTOBER 01: U.S. President Donald Trump walks to Marine One on the South Lawn of the White House on October 1, 2020 in Washington, DC. (Photo by Drew Angerer/Getty Images) Drew Angerer | Getty Images News | Getty Images President Donald Trump shared that he and first lady Melania Trump have tested positive for coronavirus on
Check out the companies making headlines in midday trading. Twilio — shares of the cloud services company jumped 12% to a new all-time high after Twilio raised its forecast for third quarter revenue. The company said it is benefitting from the rise of remote work and education. Twilio is set to release its quarterly results
Elon Musk is a self-made multi-billionaire, largely due to the success of SpaceX and Tesla. But “to be frank,” Musk tweeted on Sept. 19, “in the early days, I thought there was >90% chance that both SpaceX & Tesla would be worth $0.” Still, Musk moved forward with the longshot businesses, personally investing millions. Musk,
CNBC’s Jim Cramer on Friday downplayed the stock market decline on President Donald Trump testing positive for the coronavirus, suggesting investors may want to consider buying on pullbacks. “I’m not saying this is much to do about nothing,” Cramer said on “Squawk Box.” ”I am saying that people should have a buy list ready.” Stock futures were sharply
A man fills out paperwork while waiting for his number to be called at an unemployment event in Tulsa, Oklahoma on July 15, 2020. Nick Oxford for The Washington Post | Getty Images Washington lawmakers say they are still optimistic that a coronavirus stimulus deal can go through. But if both political parties do not
CNBC’s Jim Cramer said Friday that he will soon be shuttering his New York restaurants due to the coronavirus pandemic but hopes to restart business when the public-health crisis improves. “I’m closing my restaurants and I’m closing them in 10 days,” Cramer said on “Squawk on the Street.” ”I’m mothballing them. When we get a vaccine,
The US Department of the Treasury recently issued the new National Strategy for Financial literacy. This is much needed, in particular in a time of crisis and a good part of the report is devoted to how to help people in these difficult times and the critical role of financial education. Since the start of