U.S. President Donald Trump’s name appears on the coronavirus economic assistance checks that were sent to citizens across the country April 29, 2020 in Washington, DC. Chip Somodevilla | Getty Images If you’re eligible for a $1,200 stimulus check and haven’t received yours yet, there’s good news: Money is still available. The U.S. government just
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
U.S. Secretary of Labor Eugene Scalia. Oliver Contreras/SIPA/Bloomberg via Getty Images Savers using 401(k) plans may soon be able to invest their retirement money in private equity, long considered strictly the province of the well-to-do. The U.S. Labor Department issued guidance Wednesday stipulating that business owners with 401(k) plans can more safely offer certain funds
British inventor and billionaire Sir James Dyson scrapped plans to mass-produce an electric SUV in October after deciding it would not be “commercially viable,” ending a bid to join a list of rivals to Tesla that already includes startups like Rivian and Byton. Now, Dyson — who is best known as the founder of the eponymous brand
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,
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
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 that restructures how entrepreneurs can use loans issued through a new federal relief program for small businesses ailing from the economic contagion unleashed by the coronavirus
Early morning traffic in the northbound lanes of Interstate 93 in Boston, MA on May 19, 2020. Gov. Baker announced phase one of reopening on May 18, including allowing manufacturing and construction to being. Craig F. Walker | Boston Globe | Getty Images The Centers for Disease Control and Prevention recently released major guidelines on
Take a look at some of the biggest movers in the premarket: J.M. Smucker (SJM) – The food producer reported quarterly earnings of $2.57 per share, beating the consensus estimate of $2.29 a share. Revenue also beat forecasts, driven by increased consumer demand resulting from the Covid-19 pandemic. Smucker did forecast a 1% to 2%
With tens of millions of Americans unemployed, it’s no surprise that many are facing shortfalls when it comes to purchasing food for their families during the coronavirus pandemic. Since February, 26% of Americans report they or a member of their household have gone without meals or relied on charities or government programs to obtain groceries,