shapecharge The Covid-19 pandemic has revealed how close so many Americans are to severe financial insecurity. Over these past four months, millions of American workers have experienced sudden and unexpected losses of their primary sources of income, either temporarily or, for many, permanently. While stimulus checks and enhanced unemployment benefits have filled in some gaps,
Hundreds of unemployed workers wait in long lines outside the Kentucky Career Center for help with their unemployment claims on June 19, 2020 in Frankfort, Kentucky. John Sommers II | Getty Images More than 1 million Americans have started dipping into an unemployment fund meant for extended periods of joblessness. Research suggests these individuals
Jovita Carranza, head of the Small Business Administration, listens during a roundtable discussion with governors and small-business owners. Alex Wong/Getty Images Millions of small businesses have gotten federal aid to help weather the recession caused by the coronavirus pandemic. Despite that relief, many don’t expect to survive the crisis. Entrepreneurs who close their doors may
IRS’s 2020 RMD ruling favors those who took distributions in January and want to return those IRA … [+] funds. Getty Last April, in “Why the 2020 RMD Suspension is Not Fair to All,” I recounted the story of an early bird “RMD-er.” Ronald took his 2020 required minimum distribution (RMD) in January, as he has
TOPLINE President Trump has told his aides that he supports sending another stimulus payment directly to Americans, the Washington Post reports, even though some officials in his administration aren’t on board—the revelation comes as lawmakers disagree on how to approach the economy in the wake of the coronavirus pandemic. President Donald Trump speaks with reporters
Joseph is CEO of TenantCloud, a cloud-based property management solution that helps landlords maximize revenue from rental properties. Getty For those of you who are reading this while locked down at home and feeling stranded, isolated and somewhat removed from the world, your reality may describe someone else’s version of paradise. Although apartment complexes aren’t going
US President Donald Trump boards Air Force One prior to departure from Joint Base Andrews in Maryland, June 23, 2020, as he travels to Arizona to view the border wall and speak at a Republican student event. Saul Loeb | AFP | Getty Images The Arizona Department of Health reported nearly 3,600 additional Covid-19 cases
A medical worker stands at the entrance to the New York Stock Exchange (NYSE) on the first day that traders are allowed back onto the historic floor of the exchange on May 26, 2020 in New York City. Spencer Platt This is a live blog. Please check back for updates. 8 am: Trump administration considers
From cleaning robots to canceled breakfast buffets, hotels are pulling out the stops to ensure a safe environment for their guests and staff during the global pandemic. But what about fellow travelers? Are they healthy, are they wearing masks — and does it seem like the man in the room next door coughs a lot?
In the wake of the coronavirus crisis, some things may never be the same. A liberal arts education could be one of them. As colleges and universities across the country face extreme financial distress, some institutions are cutting the academic programs that were once central to a well-rounded education. In early June, the University of