CNBC’s “College Voices 2020” is a series written by CNBC summer interns from universities across the country about coming of age, launching new careers and job hunting during a global pandemic. They’re finding their voices during a time of great social change and hope for a better future. What money issues are they facing? How
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Jovita Carranza, administrator of the U.S. Small Business Administration, speaks as Steven Mnuchin, U.S. Treasury secretary, listens at a House Small Business Committee hearing in Washington, D.C. Erin Scott | Getty Images The federal government is about to turn off the tap on its supply of forgivable loans for small businesses. Saturday, Aug. 8 is
Paychex CEO Martin Mucci told CNBC on Tuesday that small business employment is falling again and is becoming as precarious as during the beginning of the U.S. coronavirus crisis. “We saw the July jobs index drop,” Mucci said on “Squawk Box.” ”That puts us back to about April, so we’re flat over the last three months.” Paychex, a
By Craig Miller, Science journalist and Next Avenue Contributor getty Scientists say 2020 is on track to be among the hottest years on record. They know this from a worldwide network of sensors and satellites that constantly monitor land and ocean temperatures. But my favorite index for global heating is Charlie, my 92-year-old father. I
Economic Security Planning, Inc. Today’s column addresses questions about whether to continue delaying retirement benefit till 70 or take them early due to the covid pandemic, how much the earnings test would reduce retirement benefits and requirements for spousal benefit eligibility. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and
School psychologist Dr. Roseann Capanna-Hodge has been working with young people for decades. Dr. Roseann Capanna-Hodge / (c) 2019 Emily Mygatt Lee There’s a heated debate taking place around the country about whether schools should reopen for in-person classes this month, when many traditionally welcome students back to campus. Numerous districts – including some of
Strauss Zelnick, CEO of Take Two Interactive. Adam Jeffery | CNBC Take-Two Interactive Software on Monday raised its fiscal year adjusted sales forecast after beating quarterly estimates on demand for its videogame franchises “Grand Theft Auto” and “NBA 2K” from people stuck at home due to lockdowns. The company’s shares rose about 7% in after-market
Ford CEO James Hackett reveals the company’s first mass-market electric car the Mustang Mach-E, which is an all-electric vehicle that bears the name of the companys iconic muscle car at a ceremony in Hawthorne, California on November 17, 2019. Mark Ralston | AFP | Getty Images Ford Motor CEO and President Jim Hackett will unexpectedly
U.S. Treasury Secretary Steve Mnuchin and White House Chief of Staff Mark Meadows at the U.S. Capitol on Aug. 1. Stefani Reynolds/Bloomberg via Getty Images A $600 boost to weekly unemployment checks ended Friday, leaving many families wondering how to pay for rent, food and other bills this month. Democrats want to extend the payments,
When I tell people I plan to die with zero, with no money left to give, their reaction is often, “What about the kids?” But I don’t think those two goals, of supporting my children and leaving nothing behind, are mutually exclusive. I want to give money to my children when they can best use
Pictured is a display of Crazy Aaron’s Thinking Putty Thursday, April 7, 2016 at the Building Blocks Toy Store in Chicago, Ill. (Anthony Souffle/Chicago Tribune/Tribune News Service via Getty Images) Chicago Tribune | Tribune News Service | Getty Images Heading into March, the team at Crazy Aaron’s Thinking Putty was on track to exceed its
Residents of Imperial County, California, line up in front of a bookkeeping shop in Calexico to fill out unemployment claim forms on July 24. Mario Tama | Getty Images News | Getty Images Millions of Americans are getting a big cut in their unemployment checks after the expiration of a policy that offered an extra $600
Delaying retirement getty The economic damage of COVID-19 has surely been taking its toll on working Americans. Over 20 million Americans are out of work due to the pandemic. Twenty percent of small businesses, where 48% of Americans are employed, are temporarily closed, and over 100,000 have closed permanently. The future is fraught with economic
The concept of falling real estate market. Reduced interest in the mortgage. A decline in property … [+] prices and apartments. Low interest rates on mortgage loans. Reduced demand for home. selective focus getty Whether you live in a bustling city, sprawling suburb, or somewhere in between, it’s likely that you’ve been hearing more stories
Mika Manninen has been on the road for approximately 75% of 2020. As the CEO and co-founder of dairy-free yogurt brand Hälsa Foods, the Finnish native who now resides in Palm Beach, Florida, has taken 33 flights (including four abroad) and spent 160 nights in hotels in cities such as Los Angeles, Chicago, New York,
Culture is critical for any company, and often means the difference between a business that inspires and one that simply functions. That social side of business has come under increasing scrutiny lately, not least because of the coronavirus pandemic and recent Black Lives Matter protests, as employers’ treatment of staff and customers has come to
Chinese President Xi Jinping (R) waves to the press as he walks with US President Donald Trump at the Mar-a-Lago estate in West Palm Beach, Florida, April 7, 2017. Jim Watson | AFP | Getty Images Both the U.S. and China have to “step up to the plate” and provide global leadership at a time
Joshua Roberts | Reuters Capitol Hill lawmakers seem to agree on one thing: Sending a second round of stimulus checks to help Americans weather the economic storm brought on by the Covid-19 pandemic is is worthwhile. But the conditions around who gets those checks could still be subject to change, particularly when it comes to
Learn about the features of your 401k plan when deciding how much to contribute. getty A recent opinion piece published by Bloomberg asserts that 401(k) plans no longer make sense for savers due to high fees and changes in tax laws. And just like the little girl in the classic Christmas tale, “Yes, Virginia, There
President Donald Trump speaks to the media before boarding Marine One on the South Lawn of the White House on July 31. Yuri Gripas | Abaca | Bloomberg | Getty Images President Donald Trump might not have to wait for Congress to pass his payroll tax cut. He may be able to do it on