Residents of Milford, Pennsylvania, and surrounding Pike County demonstrate against Governor Tom Wolf and ongoing business closures amid the coronavirus pandemic. Preston Ehrler | SOPA Images | Getty Images Americans who are eager for more help from the government could be waiting awhile. Additional stimulus legislation is coming, Treasury Secretary Steve Mnuchin said this week.
An employee wearing a protective mask prepares cut flowers at a wholesale flower market in San Francisco, California, on Monday, May 18, 2020. David Paul Morris | Bloomberg via Getty Images The economy is uncertain for small businesses, yet many of them are still taking their time securing emergency funding through the Paycheck Protection Program.
Demonstrators cross the Brooklyn Bridge on June 4, 2020. Justin Heiman | Getty Images Corporate America has joined protesters in condemning the death of George Floyd at the hands of police and calling for action to confront racial injustices and racial inequalities in the United States. “There are in fact barriers that are faced by
U.S. President Donald Trump speaks during a roundtable discussion with conservative black supporters in the Cabinet Room at the White House in Washington, U.S., June 10, 2020. Kevin Lemarque | Reuters President Donald Trump has launched his first attack against the Federal Reserve in months, taking issue with the central bank’s subdued economic forecast. “The
Three months into the Covid-19 pandemic, and even as states across the country emerge from the resulting economic shutdown, the unemployment rate is still near its highest level in the post-World War II era. In such uncertain times, ”it’s really hard to stay resilient and optimistic,” ”Shark Tank” star Kevin O’Leary tells CNBC Make It. Especially if you’ve
There’s a powerful psychological process going on in the mind of my demographic cohorts right now. We are fighting between fear and opportunity. We are afraid of getting sick or losing loved ones to Covid-19. We are worried about our young children’s future as we live in a nation so divided. But we also feel
In the face of the coronavirus crisis, millions of Americans are not able to pay their bills. To that end, a number of financial institutions, including Goldman Sachs, Ally Financial, Bank of America, Citi and Fifth Third Bank, have taken steps to offer some assistance for customers affected by Covid-19. Since Goldman Sachs’ hardship program rolled out in March,
Demonstrators march past the Lincoln Memorial during a protest against police brutality and racism takes place on June 6, 2020 in Washington, DC. Drew Angerer Companies have expressed support for the Black Lives Matter movement in recent weeks. But many advocates say now is the time for action — in the form of pay equity
A foreclosed home from the last cycle. Photographer: Jacob Kepler/Bloomberg News BLOOMBERG NEWS There is an old saying in the real estate development business: when a novice makes a mistake, it’s because they missed the nuances of the market; when a pro makes a mistake, it’s because they missed the obvious. Some participants in the
A Congressional housing subcommittee hearing reinforces the need for the $100-billion rental … [+] assistance contained in the HEROES Act. Getty The $100-billion rental assistance contained in the HEROES Act, which the U.S. House of Representatives recently adopted, is crucial for both renters and landlords, who will continue to grapple with the coronavirus-triggered financial downfalls