NASA Administrator Jim Bridenstine, left, and SpaceX Chief Engineer Elon Musk, right, speak to press in front of the Crew Dragon that is being prepared for the Demo-2 mission. NASA/Aubrey Gemignani NASA Administrator Jim Bridenstine believes the billions his agency has invested in Elon Musk’s SpaceX have been well worth it as the company prepares
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More than 30 million Americans lost their jobs over the last six weeks. And with the economy on hold, securing another steady paycheck may take some time. That’s where unemployment insurance benefits come in. The average U.S. unemployment check was $378 at the end of 2019. In most states, those benefits would keep coming for up to 26
Helen H. Richardson | Denver Post | Getty Images If you own a home and you’re looking for some emergency funding, you may be running out of opportunities. Home equity lines of credit allow you to borrow against the equity you’ve accumulated in your home, be it for a surprise cash need or a home
Owner Mark Cuban of the Dallas Mavericks reacts prior to the game against the Philadelphia 76ers at the Wells Fargo Center on December 20, 2019 in Philadelphia, Pennsylvania. Mitchell Leff | Getty Images Billionaire entrepreneur Mark Cuban said Friday that small businesses should apply to multiple banks in order to boost their chances of receiving a loan
Between the SECURE Act’s passage at the end of 2019 and the CARES Act’s passage amid the coronavirus pandemic in 2020, Americans might be struggling to keep all of the changes to retirement and tax laws straight. When it comes to retirement planning there have been a number of changes to how you can access
TOPLINE As some states begin to relax lockdown orders and allow businesses to reopen, a new report from the Penn Wharton Budget Model (PWBM) on Friday found that reopening before June could save 18 million jobs but also result in over 200,000 additional Covid-19 deaths. New findings from Penn Wharton show that reopening states in
Photo: Getty Money makes the world go ’round. And capitalism creates the opportunity for an individual to make large capital gains over varying rates of time. That could mean thousands of dollars in a month, in an hour of working or even without working at all — there are individuals who invest in apartments passively,
Chevron warned Friday in its quarterly earnings report that results will remain depressed as long as oil prices remain low, and said that it was further cutting its 2020 capital spending plan. For the first quarter Chevron reported EPS of $1.93, which included $660 million in one-time favorable items, and $31.5 billion in revenue, helped by downstream
Wall Street is closing out a painful week of earnings reports with one bright spot: Clorox reported higher profit off demand for cleaning products. As states struggle to find the balance between keeping their populations safe and allowing workplaces to restart their engines, the market is cheering news about possible Covid-19 vaccines and treatments. Gilead Sciences and
A pigeon flies over a Exxon mobil gas station on October 25, 2018 in Gutenberg New Jersey. Kena Betancur | Corbis News | Getty Images Exxon Mobil reported a loss in the first quarter as oil prices dropped to historic lows. The oil giant lost $610 million in the first quarter due to writedowns tied to
Warren Buffett, chairman and CEO of Berkshire Hathaway Inc The India Today Group | Getty Images This year’s Berkshire Hathaway shareholder meeting will be like no other as investors look for insight on how the conglomerate will move forward from the coronavirus pandemic and what its future holds. The meeting will be held Saturday but,
Comprehending the enormity of climate change is about as mind-bending as understanding the ultimate effect novel coronavirus SARS-CoV-2 (the virus that causes Covid-19) will have on America and the world. But a free, interactive tool made by artificial intelligence start-up HyperGiant helps put both global crises and their relationship to each other in perspective. The “ACES:
NoDerog | E+ | Getty Images Millions of families are counting on government stimulus payments to get some financial relief amid the coronavirus pandemic. However, some are opening their bank accounts to find an unwelcome surprise: payments that exclude their qualifying children. Many complaints are coming from one particular group: individuals who are receiving government
By Dick Friedman, Next Avenue Contributor Residents of Rossmoor, a Northern California retirement community, prior to the pandemic Rossmoor.com In normal times, Rossmoor, the 1,800-acre “active senior community” where I live, in Walnut Creek, Calif., is a cacophony of sound. There are the crack of the mahjong tile, the thwack of the pickleball hitting a
Anyone questioning their talents or abilities when embarking on a new career can take solace in this fact: even future Hall-of-Famers have doubts. That includes Terrell Davis, the former Denver Broncos star running back and NFL MVP, who won two Super Bowls in the 1990s. Davis, who was inducted into the NFL Hall of Fame
TOPLINE Stocks have skyrocketed since their coronavirus low in late March, but experts are now warning that dismal economic data and lackluster corporate earnings are reasons to be skeptical of the market’s latest rally. There are reasons to doubt the stock market’s latest rally, experts say. Mark Lennihan/ASSOCIATED PRESS KEY FACTS April was the stock
Austin, Texas– While many Austin businesses will begin to open their doors again beginning May 1 amid mounting fear of the Coronavirus, don’t count on finding the bastions of the city’s legendarily rich film culture among them. Just after Texas Governor Greg Abbot rolled out the phases of his back-to-work policy on April 27– one
Lucas Gebel makes sausage while processing hogs at Elma Locker & Grocery on July 25, 2018 in Elma, Iowa. Scott Olson | Getty Images About 3% of workers in over 100 meat processing plants have tested positive for the coronavirus as conditions allow the virus to spread rapidly and low-wage workers are incentivized to continue
8:25 am: Wall Street analysts react to Apple earnings The tech giant reported mixed earnings on Thursday after the bell but analysts say Apple is well-positioned as the 5G cycle begins to ramps up. “We remain positive on the long-term eco-system and product development opportunities, coupled with a strong balance sheet and brand position,” Baird said.
Popeyes Chicken Sandwich Source: Popeyes Louisiana Kitchen Restaurant Brands said on Friday comparable sales at its Popeyes fast-food chain surged 26.2%, surpassing Wall Street expectations, powered by demand for its popular chicken sandwiches. Still, the company’s quarterly total revenue fell 3% to $1.23 billion for the first quarter ended March 31, as stay-at-home orders due