Monica Murphy One of the small-business loan relief programs included in the historic stimulus package Congress passed in March contains a provision that many gig workers and freelancers might have overlooked. They’re eligible for a $1,000 grant that doesn’t need to be repaid. Here’s how it works: Amid the coronavirus pandemic, small-business owners who have
Natasha Alipour Faridani | DigitalVision | Getty Images The government’s release of data on businesses that have participated in the Paycheck Protection Program confirms what many in the financial advice industry already knew: Wealth management firms were among those to have taken the government loans. The data released by the Small Business Administration and Treasury
People pass by the Salesforce Tower and Salesforce.com offices in New York City, March 7, 2019. Brendan McDermid | Reuters What seemed like a few decades ago, I mean in February, people used to occasionally ask “How’s business?” Despite usually responding, “Fine, thanks,” I would often think of the inquiry as two-part. One, and probably
An airport ground crew prepares a Cessna 510 jet airplane for takeoff at Santa Fe Municipal Airport in Santa Fe, New Mexico. Robert Alexander | Getty Images The major private jet companies, including Wheels Up and OneSky Flight, received more than $200 million in government funding under the government’s payroll support program, according to recent
This is a live blog. Please check back for updates. 7:54 am: Uber jumps on Postmates deal Shares of ride hailing giant Uber rose 6.5% in premarket trading on Monday following multiple reports that Uber has agreed on a deal to buy food delivery service Postmates in a $2.65 billion stock deal. Earlier this year, Uber
President Donald Trump is exacerbating the coronavirus pandemic by playing down the problem and telling Americans they don’t have to wear a mask, New York Gov. Andrew Cuomo said Monday. Trump “says a lot of things, right? They’re not necessarily facts, they’re not necessarily true,” Cuomo said at a press briefing in Albany. “He wants to
Military veterans, like many Americans, are struggling to find work as the coronavirus pandemic stretches on. While vets’ June unemployment rate is lower than the overall number, at 8.6% compared to 11.1% for the general population, it is still at more than double the number reported in March, the Military Times said. The Labor Department survey
View of the phone company QUALCOMM technology 5G in the Mobile World Congress. Ramon Costa | SOPA Images | LightRocket | Getty Images How to find compelling stocks primed to outperform during the third quarter of 2020? Here are a few of the names the best-performing Wall Street analysts are betting on right now. With
A jogger passes in front of the New York Stock Exchange (NYSE) in New York, on June 17, 2020. Michael Nagel | Bloomberg | Getty Images U.S. stock futures were flat on Sunday night as the number of coronavirus cases kept surging globally, raising concerns about the world economy and its recovery from the pandemic.
Investors who take a sustainable approach to allocating capital may be reevaluating putting their money into Hong Kong after the city implemented a national security law, an analyst said on Friday. “That’s the one area of international capital flows that could be quite significant,” said Andrew Collier, managing director of Orient Capital Research, a research
When Diane Pearson’s sons both attended Robert Morris University, buying a condo for them in the suburb of Pittsburgh made financial sense. Pearson, who is a certified financial planner, took out a home equity line of credit to purchase the property with cash in 2013. Three years later, the family sold it at a $5,000
Warren Buffett‘s Berkshire Hathaway is finally pulling the trigger. The conglomerate is spending $4 billion to buy the natural gas transmission and storage assets of Dominion Energy. Including the assumption of debt, the deal totals almost $10 billion. It’s the first major purchase from Berkshire since the coronavirus pandemic and subsequent market collapse in March.
Tim Robberts Saving for retirement can be hard. Planning how to spend that nest egg — while ensuring the money doesn’t run out — is harder. But there’s good news: Americans can build a simple, low-cost retirement plan using just Social Security and savings, according to experts. From an academic standpoint, the “optimal” retirement strategy combines two
Lorenzo Boyd, an assistant professor, director of the Center for Advanced Policing and vice president for diversity and inclusion at University of New Haven. Source: Lorenzo Boyd Lorenzo Boyd was in the market for a new car and wanted to buy a luxury SUV. He went to a Lexus dealership and walked through the lot,
NYUestimates it will cost students more than $78,000 to attend the school in 2020-2021. That includes tuition, fees, textbooks and room and board. But that’s not the price you will pay in 18 years. CNBC ran the numbers, and we can tell you how much money you would need to save to send your child
Take a look at some of the biggest movers in the premarket: McDonald’s (MCD) – McDonald’s halted further reopenings of dine-in service at its restaurants, postponing them by three weeks due to a rise in Covid-19 cases. Restaurants, where dine-in service had already resumed, will be allowed to continue offering it if their local jurisdictions
The number of new Covid-19 cases worldwide has reached a record high at 212,326 cases in the last 24 hours, according to a situation report from the World Health Organization. The report says there have been more than 10.9 million confirmed Covid-19 cases globally, with 212,326 new cases in the last 24 hours. There have been
The fruits and vegetables we know and love did not always look the way they do now. Here’s a look at their ancestors. ————————————————– Follow BI Video on Twitter: http://bit.ly/1oS68Zs Follow BI on Facebook: http://bit.ly/1W9Lk0n Read more: http://www.businessinsider.com/ ————————————————– Business Insider is the fastest growing business news site in the US. Our mission: to tell
kate_sept2004 Pandemic first-aid kit You need seven things, according to Jeff Weinstein, a paramedic and medical operations supervisor for Global Rescue, which provides medical and crisis response service to travelers. It’s likely you already have three: masks, hand sanitizer and disinfectant wipes. Carry isopropyl alcohol wipes and use them to wipe down your phone. Major smartphone
One analysis found that more than 40% of CDFI’s loans and investments are in majority-minority communities. LeoPatrizi Consumers can push for racial justice – and it’s as simple as opening an account at a community bank or credit union that supports under-served communities. Netflix announced recently that it would transfer $100 million of its cash
People stand in queue to enter a restaurant on Ocean Drive in Miami Beach, Florida on June 26, 2020. Chandan Khanna | AFP | Getty Images Florida on Saturday reported at least 11,445 new coronavirus cases, the state’s largest number of daily cases so far, according to figures released by the Florida Department of Health.
If you’re hoping to score a good deal on a new car during July Fourth sales events, it will be a mixed bag. While manufacturers and dealerships are offering special deals on some models to prop up sales amid the pandemic, inventory is down due to coronavirus-related disruptions in manufacturing. “We’ve seen incentives continue to
The internet Musk believed the internet, nascent in the ’90s, would “fundamentally change humanity,” he said on the podcast. “I would not regard this as a profound insight but rather an obvious one,” Musk said. He compared the internet to the human nervous system: “If you didn’t have a nervous system, you wouldn’t know what’s
Loop Capital Chairman and CEO Jim Reynolds told CNBC on Thursday that building a diverse team has not been a challenge for the Chicago-based investment bank. “I have found it so amazingly easy to recruit minority candidates — African American, women — and promote them very easily because I focus on talent,” Reynolds said on “Halftime
Donald Trump Jr. looks on as Kimberly Guilfoyle speaks during a ‘Make America Great Again’ campaign rally at Williamsport Regional Airport, May 20, 2019 in Montoursville, Pennsylvania. Drew Angerer | Getty Images Kimberly Guilfoyle, a senior Trump campaign official and Donald Trump Jr.’s girlfriend, tested positive for coronavirus while in South Dakota on Friday, according
In a nation where space is at a premium, the Dutch are leaders in creating environmentally-friendly buildings. From repurposed redundant structures to modular, transportable studios and floating neighborhoods, the FT’s Helen Barrett explores three completely different approaches to sustainability. ► To learn more, visit our website – https://rethink.ft.com/ ► Watch more videos from this series
swissmediavision The seemingly endless nationwide pandemic lockdown has resulted in a lot of pent-up travel demand. As the second major long holiday weekend of summer gets underway, people looking to celebrate Independence Day are getting in their cars and campers for road trips — deemed by many a safer bet than air or cruise travel.
The Dallas Mavericks suffered a devastating loss to the Miami Heat in the 2006 NBA Finals, when the Mavericks won the series’ first two games only to their championship hopes slip away after falling to the Heat in four straight games. It was only a few years into Mark Cuban’s ownership of the Mavericks, and
U.S. and China flags along Pennsylvania Avenue in Washington, D.C. on Jan. 17, 2011. Andrew Harrer | Bloomberg | Getty Images Delisting Chinese companies from U.S. stock exchanges is “a pointless drive” that will neither deny those firms access to American capital markets nor hurt China’s growth, according to a report by think tank Peterson Institute for
Dr Anthony Fauci, director of the National Institute for Allergy and Infectious Diseases prepares to testify ahead of a Senate Health, Education, Labor and Pensions (HELP) Committee hearing on Capitol Hill in Washington, U.S., June 30, 2020. Kevin Dietsch | Reuters The coronavirus has mutated in a way that might help the pathogen spread more