Workers make toys at a plastic product factory in Zhangjiajie, central China’s Hunan Province, May 27, 2020. Xue Yuge | Xinhua News Agency | Getty Images A private survey showed manufacturing activity in China expanded for the month of May. The Caixin/Markit Manufacturing Purchasing Manager’s Index came in at 50.7 for May. Analysts polled by Reuters had expected
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Now that the weather is warming up and Covid-19 pandemic stay-at-home orders are lifting across the country, many people are antsy to get out there and travel after a brutal cooped-up spring. And while hitting the road may be a good idea for both the economy and the country’s collective mental health, it’s not risk
A view of the Fearless Girl with New York Stock Exchange in Wall Street in the backdrop amid Coronavirus Pandemic on April 5, 2020. John Nacion | NurPhoto | Getty Images U.S. stock futures fell on Sunday night as Wall Street was set to kick off June trading on a sour note after consecutive monthly
Gary John Norman | Getty Images At the private retirement community where 90-year-old Lee lives in Charlottesville, Virginia, the last scheduled social event was a Valentine’s Day dance in February. A few weeks later, as the coronavirus pandemic took hold in the U.S., the Centers for Disease Control and Prevention advised anyone 60 or older
Detroit’s newly-revitalized Woodward Ave. A one-mile stretch of Woodward became the first … [+] concrete-paved road in the country in 1909. Getty What do the protests engulfing the country have to do with public pensions? More than you’d think. Here’s some reporting coming out of Detroit, via the Detroit Free Press. “Following a script seemingly
US Treasury Secretary Steve Mnuchin shows US President Donald Trump a pre-paid debit card during a … [+] meeting with his cabinet on May 19, 2020 in the Cabinet Room of the White House in Washington, DC. – The card will be issued by the Internal Revenue Service to distribute nearly 4 million dollars in
Summer rentals are topping $200,000 Getty A hot rental market defines The Hamptons this summer. Traditionally Memorial Day weekend kicks-off of the oh so busy summer season. Typically, renters are settling in, making dinner reservations while filling their social calendars. Brokers are busy showing prospective buyers multi-million-dollar properties from Amagansett to Southampton. Like everywhere else life
U.S. President Donald Trump holds up a protective face shield during a tour of the Ford Rawsonville Components Plant that is manufacturing ventilators, masks and other medical supplies during the coronavirus disease (COVID-19) pandemic in Ypsilanti, Michigan, U.S., May 21, 2020. Leah Millis | REUTERS Independents voters, a key swing voting bloc for the 2020
Self-made billionaire and Microsoft co-founder Bill Gates doesn’t recommend many business books. “In my experience, it is rare to find one that really captures what it’s like to build and operate an organization or that has tips you could really put into practice,” he writes on his blog, GatesNotes. But there’s a new business book
Jeff Bezos, founder and CEO of Amazon, pictured on September 13, 2018. Bloomberg | Getty Images Jeff Bezos is investing in U.K. digital freight forwarding and supply chain finance firm Beacon, Sky News reported Sunday, without stating its sources. The Amazon CEO and world’s richest man is taking part in Series A fundraising worth $15
Workers who can do their jobs from home are being forced to do so by the coronavirus, and many of these workers feel fortunate, even if they feel that they are working harder. Miguel Pereira | Getty Images As the coronavirus has forced businesses, restaurants, stores and theaters across the country to shut down, a
By Randi Mazzella, Next Avenue Contributor Getty Since the Covid-19 pandemic began and we have been sheltering in place, many people are spending a lot of time worrying about getting groceries and preparing meals for their families. However, for many individuals across the country, the worries exist like never before as many are now facing
Economic Security Planning, Inc. Today’s column addresses questions about when benefit rate increases due to continued income are applied, spousal benefit early filing reductions, when disability benefits convert to retirement benefits, whether SSA’s estimates include COLAs and widow’s benefits before retirement benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder
Clear pool fences are just one of the biggest design trends of the season. Aquaview Pool fencing As we transition into summer amidst a pandemic, spending time outdoors becomes more important. Although stay at home orders have been lifted in many states, there are still restrictions in some locations. Plenty of people remain cautious and
Signage for Hertz Global Holdings Inc. stands at a rental location in Berkeley, California, U.S., on Tuesday, May 5, 2020. David Paul Morris | Bloomberg | Getty Images Ongoing distress in the rental car market due to the coronavirus pandemic, highlighted by Chapter 11 bankruptcy filings of Hertz and the parent company of Advantage Rent A
Like Apple‘s, Google‘s and Amazon‘s founders before him, in 2013 Chieh Huang launched bulk grocery and household goods e-commerce company Boxed out of a garage — his parents’ two-car garage in New Jersey, to be exact. In 2018, Huang sold a minority stake in Boxed to Japan’s Aeon Group, in a deal that valued the company at $600
Steven Mnuchin, U.S. Treasury secretary, holds up a debit card to be used to distribute Covid-19 relief funds to the public during a cabinet meeting in the East Room of the White House in Washington, D.C., U.S., on Tuesday, May 19, 2020. Kevin Dietsch | Bloomberg | Getty Images Have you received a pre-paid debit
Getty The Internal Revenue Service (IRS) has announced a game-changer: later this summer, taxpayers will be able to file Form 1040-X, Amended U.S Individual Income Tax Return, electronically. Before this year, you could only amend your tax return by paper. At the best of times, that could mean a six-to-eight week wait for processing. And these are not
Los Angeles posted 15 percent listing price gains Getty Here’s some positive housing market news from realtor.com’ s Weekly Housing Trends Report for the week ending May 23. The numbers show more new listings than in previous weeks. That’s a sign of a market kicking into more of a recovery mode. Here are some
An American flag is seen as SpaceX Falcon 9 rocket and Crew Dragon spacecraft carrying NASA astronauts Douglas Hurley and Robert Behnken lifts off during NASA’s SpaceX Demo-2 mission to the International Space Station from NASA’s Kennedy Space Center in Cape Canaveral, Florida, U.S. May 30, 2020. Thom Baur | Reuters CAPE CANAVERAL, Fla. —