When Jyri Engestrom, a 42-year-old entrepreneur who runs a small early stage venture fund in San Francisco, California, read an article in the Guardian newspaper about an Italian village that tested its entire community for the novel coronavirus and was reportedly able to eradicate the virus by doing so, he was inspired. Engestrom wanted to do
Wealth
While the number of Americans without jobs keeps rising, more states are stepping in to provide expanded unemployment benefits. About 4.4 million new workers applied for unemployment during the week ending April 18, bringing the total number of out-of-work Americans to 26.5 million over the past five weeks, the Labor Department reported Thursday. “With the
Nearly every aspect of living and working has been upended by the coronavirus pandemic. Running essential errands, checking on friends and family, caring for kids while school is shut down and staying healthy have all become harder. On top of all that, workers are simultaneously worried about job security and may be logging longer, more distracted hours in
From logistical issues, like finding someone to do your grocery shopping, to emotional ones, such as coping with anxiety and depression in isolation, the Covid-19 pandemic has brought to the forefront an experience that can be strangely uncomfortable for many: asking for help. This is not always an easy task, even outside of a pandemic,
Small businesses that have been hit hard by the economic effects of the coronavirus pandemic will get another chance to apply for federally-backed loans. But experts say that business owners need to avoid common pitfalls and do their homework before applying for the latest funds being offered by Congress. The Senate passed a $484 billion
Chrissy Teigen and John Legend bought a $5.1 million modern contemporary house in West Hollywood, California – just a short distance from the couple’s current Beverly Hills home, which they purchased for $14.1 million in 2016. The couple’s real estate portfolio also includes two penthouses in New York City, both located in the downtown Manhattan neighborhood
Roughly 22 million Americans have filed for unemployment in the last month while the coronavirus pandemic upended the U.S. economy. But those numbers only account for people who’ve been able to get past site crashes, never-ending wait times by phone and other logistical challenges in order to file an unemployment claim with their state office.
As businesses remain closed due the coronavirus pandemic, nearly 22 million Americans have filed for unemployment during the past month. And with more layoffs expected, the job market will only continue to get more competitive. The simple truth is that most job seekers won’t get hired right away, which is why it’s important to know
Many Americans are grappling with what to do with their retirement savings, uncertain whether to head for the exits or buy more stocks on sale. The recently passed CARES Act makes it easier for you to tap your 401(k) and retirement accounts, but there could be significant long-term consequences for your financial security. I spoke
If you and your partner are worried about the impact the coronavirus pandemic may have on your job security or finances, it’s a good idea to start working together now to shore up the stability of your household. To help you get started, here are five tips from financial experts on what to do now