Scooter drivers in Ho Chi Minh City on November 01, 2016. Thomas Koehler | Photothek | Getty Images Southeast Asia potentially will face more severe consequences of climate change than other parts of the world, according to the business and economic research arm of consulting firm McKinsey. Climate change is a critical challenge that Southeast
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Sales associates at one of Alibaba-owned InTime’s store display products for sale during a livestream. InTime | Alibaba BEIJING — More and more people in China are turning to jobs in the digital economy as the coronavirus pandemic accelerates a shift toward online commerce and livestreaming. The unemployment rate for cities held steady at 5.7% in July,
Corbis via Getty Images If you’re not familiar with the details on what happened with Kodak stock in the last few weeks, you can catch up here and here. In a nutshell, though, this is what you need to know for the purposes of this article: On Tuesday, July 28th, the Trump administration, in a
Office vacancies are on the rise and hit nearly 16% this summer. In downtown Chicago, its 13.7%, … [+] while while the rate in the suburbs has topped 24%. (Photo by Scott Olson/Getty Images) Getty Images Cities and counties are predicting a drop in their property tax revenues over the next year, a phenomenon that’s
United Flight Attendant Jennifer Ritter. Source: Jennifer Ritter The coronavirus pandemic has been so devastating to the airline industry that even flight attendants with decades of experience have been told that their jobs are at risk. Jennifer Ritter is one of them. “I can’t see myself doing anything else,” said Ritter, 50, who joined United Airlines as
Fed Chairman Jerome Powell is reflected in the sneeze guard set up between himself and members of the House Committee on Financial Services hearing on Oversight of the Treasury Department and Fed Reserve Pandemic response on June 30, 2020 in Washington, DC. Bill O’Leary-Pool | Getty Images Government spending from the Treasury Department and Congress
Drew Houston, Dropbox Co-Founder and CEO, speaking at CNBC’s @Work conference in San Francisco on November 4, 2019. Arun Nevader | CNBC With the S&P 500 back up near record highs, it can be a challenge to find stocks that still have further room to rally. The danger is that valuations can become inflated, leading
Newport Beach, California, comes in at No. 2 in Hotwire’s 2020 list of “itty bitty city” destinations for quick nearby summer getaways. Westend61/Getty Images Summer is nearly over, and the Covid-19 pandemic shows no sign of abating. Many Americans, who put their vacation plans on hold, are thinking about when they might get away. Shorter
WASHINGTON, DC – AUGUST 12: U.S. President Donald Trump speaks during a briefing at the White House … [+] August 12, 2020 in Washington, DC. Trump answered a range of questions during the briefing related to the ongoing pandemic and the U.S. presidential race. (Photo by Win McNamee/Getty Images) Getty Images Both houses of Congress
Recent stories are documenting Covid’s negative impacts on New York, especially how the pandemic is accelerating and deepening racial and economic inequality. But New York has weathered worse storms than Covid. Washington must provide budget help for New York and other cities. NEW YORK, NEW YORK – MAY 12: A view of The Shops at Hudson
Economic Security Planning, Inc. Today’s column addresses questions about when earned delayed retirement credits (DRCs) are applied to retirement benefits, effects on benefits of selling a home, spousal benefits’ effects on retroactive retirement benefits and options after working while on disability. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and
A pedestrian wearing a protective face mask walks past the Centers for Disease Control and Prevention (CDC) headquarters in Atlanta, Georgia, on Saturday, March 14, 2020. Elijah Nouvelage | Bloomberg via Getty Images The U.S. Centers for Disease Control and Prevention clarified on Friday that people who are infected with the coronavirus are not immune
New Zealand is considering negative interest rates, as it grapples with the severe economic impact caused by the coronavirus pandemic. In its interest rate decision this week, the central bank maintained its official cash rate at 0.25%, but also raised the possibility of going into negative territory. “The severe global economic disruption caused by the
By Richard Harris, Next Avenue Contributor Winnona Merritt, who has one of these advance directives David Gilmer Not since the Spanish flu pandemic of 1918 has this country contemplated the unthinkable: rationing vital medical resources on a wide scale. Since the first confirmed case of Covid-19 in the U.S. in January, the pandemic has raised fears
2020 has already seen a big uptick in the number of Americans giving up their citizenship. So says the U.S. government’s 2020 second quarter list of published expatriates, the second highest number ever. Every three months, the U.S. Treasury Department publishes the names of individuals who renounced their U.S. citizenship or handed in a long-term green card. For
Aaron Marshall is CEO & Co-Founder of Keyrenter Property Management, the nation’s leading property management and real estate franchise. getty When starting a business, one of the biggest pressures we put on ourselves is to have this outstanding, never-before-seen concept or idea. Yet every professional businessman or woman will point to a certain person or company and
Chinese customers look at iphones at the official opening of the new Apple Store in the Sanlitun shopping area on July 17, 2020 in Beijing, China. Kevin Frayer | Getty Images Check out the companies making headlines before the bell: Apple (AAPL), Alphabet (GOOGL) – Apple and Alphabet’s Google unit are being sued by Epic
A bipartisan group of House lawmakers spoke with White House Chief of Staff Mark Meadows on Saturday morning in an effort to advance stalled discussions on the coronavirus economic stimulus package, a person at the meeting told NBC News. Seven members of the bipartisan “Problem Solvers Caucus,” who have previously met twice to try to
“I really liked the job,” Alridge, 37, said. “I was able to put away a lot of money over the last two years; we were saving to buy an apartment.” Source: Matthew Aldridge When Matthew Aldrige was furloughed in March from his job as a server at La Pizza & La Pasta, an Italian restaurant
getty Some TurboTax users are reporting that they have yet to receive a stimulus check due to a single checked box in the popular tax preparation software. The checked box asks if the taxpayer’s spouse can be claimed as a dependent by someone else. The issue first surfaced in a TurboTax support forum on April 24th. The