Senate Majority Leader Mitch McConnell, a Republican from Kentucky, walks through the Hart Senate Office Building on Tuesday, June 2, 2020. Sarah Silbiger/Bloomberg via Getty Images Business owners who received a forgivable loan through the Paycheck Protection Program are likely getting more leeway on how to spend those funds.   The Senate passed legislation Wednesday night
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CNBC’s Jim Cramer on Thursday warned young investors about the potential pitfalls of daytrading in speculative stocks, especially the really cheap ones. “It’s a little disheartening to see all the $1 to $3 stocks that people are gunning,” Cramer said on “Squawk on the Street.” ”If you want to try and make money and it’s legal,
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Carlina Teteris This summer, it may become more difficult for investors to determine whether a financial advisor indeed has their best interests at heart. Starting June 30, financial advisors who are affiliated with broker-dealers legally will be required to place clients’ interests first when they give financial advice. This rule, which was handed down by the
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In my 20-plus years of hiring and recruiting, I’ve always started off my interviews with a simple question: “Tell me about yourself.” Many people see this as one of the “toughest” or “trickiest” interview questions. Still, it’s been a popular go-to for hiring managers because it tells them a lot about a candidate’s professional priorities.
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Zoom reported revenue growth of 169% from the previous year in its first-quarter earnings report on Tuesday, and nearly doubled its revenue guidance for the full year, as the coronavirus pandemic drove millions of new customers to the video calling service and turned it into a household name. Shares fell 4% in after-hours trading during the
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Dr. Robert Redfield, Director of the Centers for Disease Control and Prevention, speaks during the daily briefing of the White House Coronavirus Task Force, at the White House April 17, 2020 in Washington, DC. Alex Wong | Getty Images CDC Director Robert Redfield said Thursday that he’s “very concerned” the agency’s public health message on the
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For scammers, it’s open season on your stimulus checks. Bolster, a fraud prevention company, turned up more than 145,000 suspicious domain registrations with the term “stimulus check,” according to the firm’s first-quarter analysis of phishing and online fraud. The federal government has issued more than 152 million so-called Economic Impact Payments to individuals, totaling $257.9
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Networking has become a whole lot tougher under the coronavirus pandemic. At a time when many people need to build their professional contacts to scope out new job opportunities, in-person networking events have become all but impossible. Not all is lost, however. According to LinkedIn’s co-founder Reid Hoffman, now is the perfect time to try out
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Matthew Mitchell, center, talks with customers as Sierra Phillips adjusts a denim display at the American Eagle/Aerie store at Easton Town Center in Columbus, Ohio on May 15, 2020. Andrew Spear | The Washington Post | Getty Images American Eagle Outfitters posted a steeper-than-expected loss on Wednesday, as sales and store traffic plummeted following coronavirus-led
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The U.S. should not revoke Hong Kong’s special status because it would lose its bargaining power, which stems from its status as a financial hub, said publishing tycoon Jimmy Lai — one of the city’s most prominent democracy activists. Last week, American President Donald Trump said he would strip Hong Kong of its special status with the U.S in response
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A box of Plaquenil, an anti-malaria drug hydroxychloroquine made by Sanofi, used for years to treat malaria and autoimmune disorders. Alain Pitton | NurPhoto | Getty Images Hydroxychloroquine, the drug backed by President Donald Trump to combat Covid-19, is no better than a placebo in preventing infection of the coronavirus, according to results expected to
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Despite escalating tensions between the U.S. and China, they are not in a new “Cold War,” a former Singapore senior diplomat Bilahari Kausikan said Wednesday. From trade and technology conflicts to the origins of the coronavirus pandemic and a new law in Hong Kong, the world’s two largest economies are currently embroiled in disagreements on several fronts. “I don’t think
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