RECENT ARTICLES
Biden has pledged to tax the rich --- but precisely how will he do that? Experts consider his options
If President Joe Biden’s campaign pledges to tax the rich were the coming attractions, we’re about to arrive at the main event. After unveiling a powered by corporate tax increases, Biden will soon release his “American Families Plan” to offer programs like The president is expected to fund the forthcoming plan with tax increases on wealthy households.The question is precisely which tax hikes will he propose? And what can he get through a Congress where Democrats have the barest of majorities — one where the president cannot afford any ‘no’ votes?Biden could formally announce the plan as...…If President Joe Biden’s campaign pledges to tax the rich were the coming attractions, we’re about to arrive at the main event. After unveiling a powered by corporate tax increases, Biden will soon release his “American Families Plan” to offer programs like The president is expected to fund the forthcoming plan with tax increases on wealthy households.The question is precisely which tax hikes will he propose? And what can he get through a Congress where Democrats have the barest of majorities — one where the president cannot afford any ‘no’ votes?Biden could formally announce the plan as...WW…
8 million people could have missed their $1,200 stimulus --- Biden wants to fix that
While President Joe Biden presses Congress for a third round of direct financial aid for Americans, he signed an executive order Friday directing the U.S. Treasury Department to do its best to make sure people aren’t missing out on the checks that have already been approved. Now, the Treasury Department says it’s going to reach out and reissue unclaimed payments or encourage the people sitting on the sidelines toThe efforts are meant to reach up to 8 million people who might be missing out on the $1,200 direct payment from the CARES Act that then-President Donald Trump signed in March,...…While President Joe Biden presses Congress for a third round of direct financial aid for Americans, he signed an executive order Friday directing the U.S. Treasury Department to do its best to make sure people aren’t missing out on the checks that have already been approved. Now, the Treasury Department says it’s going to reach out and reissue unclaimed payments or encourage the people sitting on the sidelines toThe efforts are meant to reach up to 8 million people who might be missing out on the $1,200 direct payment from the CARES Act that then-President Donald Trump signed in March,...WW…
3 ways President Biden's proposed stimulus checks will be different from Trump's payments
United States President Joe Biden this month that would cut a new round of $1,400 direct checks meant to top off the recently distributed $600 payments, and would be higher than the first two rounds of checks. “We will finish the job of getting $2,000 in cash relief topeople who need it the most,” Biden said, adding that the “$600 alreadyappropriated is simply not enough.”For one portion of the population numbering in the millions — adult dependents — Biden’s proposed plan would actually start the job of cash relief. And this round of checks would expand payments for households whose family...…United States President Joe Biden this month that would cut a new round of $1,400 direct checks meant to top off the recently distributed $600 payments, and would be higher than the first two rounds of checks. “We will finish the job of getting $2,000 in cash relief topeople who need it the most,” Biden said, adding that the “$600 alreadyappropriated is simply not enough.”For one portion of the population numbering in the millions — adult dependents — Biden’s proposed plan would actually start the job of cash relief. And this round of checks would expand payments for households whose family...WW…
How much money was President Trump’s Twitter account worth?
Twitter cut into Donald Trump’s megaphone by the president’s account Friday to avoid the “risk of further incitement of violence” after pro-Trump supporters stormed the U.S. Capitol on Wednesday. But how much was the Commander-in-Chief’s presence worth to the platform after racking up and approximately 89 million followers.Twitterannounced Trump’s permanent suspension this month and it before trading started Monday morning, the first full trading day after the ban took effect. That blotted out approximately $2.5 billion in market value. That tallies with one analyst estimated from 2017,...…Twitter cut into Donald Trump’s megaphone by the president’s account Friday to avoid the “risk of further incitement of violence” after pro-Trump supporters stormed the U.S. Capitol on Wednesday. But how much was the Commander-in-Chief’s presence worth to the platform after racking up and approximately 89 million followers.Twitterannounced Trump’s permanent suspension this month and it before trading started Monday morning, the first full trading day after the ban took effect. That blotted out approximately $2.5 billion in market value. That tallies with one analyst estimated from 2017,...WW…
As stimulus bill stalls, eviction protection and other financial relief set to expire Dec. 31
While Capitol Hill gamesmanship suddenly puts a $900 billion COVID-19 rescue bill in the lurch, crucial financial relief programs and protections are days away from vanishing, taking away aid for housing, unemployment, paid leave and more. Without President Trump’s signature on a bill he calls a “” or some other form of congressional action, these safeguards and safety nets will go away at a moment when coronavirus cases keep rising andOn Thursday morning, House Republicans , up from the $600 checks contained in the rescue bill. Trump called for the $2,000 checks One day...…While Capitol Hill gamesmanship suddenly puts a $900 billion COVID-19 rescue bill in the lurch, crucial financial relief programs and protections are days away from vanishing, taking away aid for housing, unemployment, paid leave and more. Without President Trump’s signature on a bill he calls a “” or some other form of congressional action, these safeguards and safety nets will go away at a moment when coronavirus cases keep rising andOn Thursday morning, House Republicans , up from the $600 checks contained in the rescue bill. Trump called for the $2,000 checks One day...WW…
‘There’s always a lot of hype around IPOs’: Read this before buying Airbnb stock
Airbnb is becoming a destination for stock market cash as shares in the company begin publicly trading Thursday. But should that make the San Francisco-based home rental company a place to stay for retail investors who want to grow their portfolio? That tricky proposition may have become even trickier that could make new stock buy-ins seem tantalizingly attractive.Wednesday marked the first day of trading for DoorDashwhich ended its New York Stock Exchange debut with shares up more than 80%. The same day, however, and the Dow Jones Industrial Average dropping 0.5% and the S&P...…Airbnb is becoming a destination for stock market cash as shares in the company begin publicly trading Thursday. But should that make the San Francisco-based home rental company a place to stay for retail investors who want to grow their portfolio? That tricky proposition may have become even trickier that could make new stock buy-ins seem tantalizingly attractive.Wednesday marked the first day of trading for DoorDashwhich ended its New York Stock Exchange debut with shares up more than 80%. The same day, however, and the Dow Jones Industrial Average dropping 0.5% and the S&P...WW…
From jobs to child care: How this second surge in COVID-19 can damage your finances — as well as your health
Coronavirus infection tallies are climbing relentlessly right now, but case counts aren’t the only measurement going the wrong direction. A growing number of people are finding it tough to afford enough food, pay for typical household goods and stay current on their rent and mortgage compared to five weeks prior, according to from the U.S. Census Bureau.Meanwhile, government-enacted financial relief for struggling households and payment pauses on debts such as student loan balances. Capitol Hill talks for another just like the between President Donald Trump and President-Elect Joe Biden. In...…Coronavirus infection tallies are climbing relentlessly right now, but case counts aren’t the only measurement going the wrong direction. A growing number of people are finding it tough to afford enough food, pay for typical household goods and stay current on their rent and mortgage compared to five weeks prior, according to from the U.S. Census Bureau.Meanwhile, government-enacted financial relief for struggling households and payment pauses on debts such as student loan balances. Capitol Hill talks for another just like the between President Donald Trump and President-Elect Joe Biden. In...WW…
October jobs report suggests why some Black and Latino voters voted for Trump
A October jobs report Friday showed declining national jobless rates, and unemployment declines across all major worker demographics. That’s days after President Donald Trump appeared to build out his voting base with Black and in the Nov. 3 election, potentially raking in the largest share of non-white voters for any Republican since 1960 byAnd that may not be a coincidence. “It’s possible that some of the new Black and brown voters who turned out in favor of Trump were willing to ignore his numerous transgressions [in] their communities in hopes that he’d be able to return them to the...…A October jobs report Friday showed declining national jobless rates, and unemployment declines across all major worker demographics. That’s days after President Donald Trump appeared to build out his voting base with Black and in the Nov. 3 election, potentially raking in the largest share of non-white voters for any Republican since 1960 byAnd that may not be a coincidence. “It’s possible that some of the new Black and brown voters who turned out in favor of Trump were willing to ignore his numerous transgressions [in] their communities in hopes that he’d be able to return them to the...WW…
How to sign up to be a poll worker in 3 swing states — Ohio, Florida and Arizona
America could be short on poll workers on Election Day, voting experts say — but they emphasize that there’s still time for volunteers to fill the ranks. They hope you’ll give the idea some serious thought.‘Poll workers are the front-line custom service face of our democracy. ... You’ve got the ability to make a difference in your community, make a positive impact.’“Poll workers are the front-line custom service face of our democracy,” said Benjamin Hovland, chairman of the U.S. Election Assistance Commission, who’s volunteered for poll work 10 to 15 times himself. “You’ve got the ability...…America could be short on poll workers on Election Day, voting experts say — but they emphasize that there’s still time for volunteers to fill the ranks. They hope you’ll give the idea some serious thought.‘Poll workers are the front-line custom service face of our democracy. ... You’ve got the ability to make a difference in your community, make a positive impact.’“Poll workers are the front-line custom service face of our democracy,” said Benjamin Hovland, chairman of the U.S. Election Assistance Commission, who’s volunteered for poll work 10 to 15 times himself. “You’ve got the ability...WW…
As Ginsburg’s death reshapes the future of the Supreme Court — here are 4 upcoming cases with money implications for families and companies
As President Donald Trump and Senate Republicansto confirm a replacement for the late liberal Justice Ruth Bader Ginsburg, weighty cases in the Supreme Court’s fall term are approaching fast. The case challenging Obamacare, slated for Nov. 10 arguments, is — and that isn’t the only one related to issues that could matter deeply to consumers and companies.Upcoming cases touch on prescription cost regulations, computer code and copyrights, and the validity of the federal government’s main housing industry regulator. Oral arguments are scheduled to begin Oct. 5. Traditionally, a judgeif they...…As President Donald Trump and Senate Republicansto confirm a replacement for the late liberal Justice Ruth Bader Ginsburg, weighty cases in the Supreme Court’s fall term are approaching fast. The case challenging Obamacare, slated for Nov. 10 arguments, is — and that isn’t the only one related to issues that could matter deeply to consumers and companies.Upcoming cases touch on prescription cost regulations, computer code and copyrights, and the validity of the federal government’s main housing industry regulator. Oral arguments are scheduled to begin Oct. 5. Traditionally, a judgeif they...WW…