People wait in their cars as they line up to collect unemployment forms in Hialeah, Florida. CHANDAN KHANNA/AFP via Getty Images Millions of workers have lost their jobs — and their employer-sponsored health insurance — due to the coronavirus pandemic. But other options are available to those who lose health coverage. These include Medicaid, an
Fall may be in full swing, but we’re still thinking about lazy days of poolside lounging — ideally with a cocktail or two in hand. And, even though they’ve become an icon of wealth and luxury that reflect the latest design trends or an interest in health and fitness, that wasn’t always the case. Swimming
If you’re on Medicare, it’s time to give your coverage a close look whether you feel like it or not. From now through Dec. 7, you can make changes that take effect Jan. 1. While you are not required to do anything — your 2020 coverage would continue next year, generally speaking, if you take
Sept. 1, 2020 marked the first day of the Federal payroll tax deferral, which is a temporary suspension of the 6.2% Social Security tax most traditional employees pay out of each paycheck. We answer your burning questions below. 1. What is the payroll tax deferral? On August 8, President Trump issued a memorandum to the
Fitness membership? Check. Streaming account? Of course. Meal kit service? Sure. How about your hotel subscription? Whether for pleasure, work, or long-term lodging, hospitality operators are hoping on-demand stays could be your next must-have membership as the embattled travel industry tries to expand its reach. InterContinental Hotels Group, Marriott and Accor are among the major
Taking a pulse on the impact of the pandemic on all sectors of global commercial real estate, valuation firm Duff & Phelps, in conjunction with the GRI club, surveyed over 300 directors on the state of affairs. A vast majority of US-based responders, 83% anticipate a U-shaped recovery, and just under half of those surveyed,
General Motors is launching a splashy new ad blitz next week for the global debut of its all-electric GMC Hummer in an attempt to reach 80% of U.S. adults. The vehicle will be unveiled Tuesday during the World Series, “The Voice” and across a barrage of social media and streaming platforms The estimated viewership – roughly 255
Entrepreneur Chris Burch, co-founder of ex-wife Tory Burch’s eponymously named clothing and accessories empire, has sold his Hamptons home for $15.5 million. Burch, founder and CEO of Burch Creative Capital, bought the mansion in Southampton for $8.55 million in 2009, according to property records. Burch netted about about 3.4 percent over the $14.99 million asking
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | Reuters BEIJING — As China recovers from the coronavirus pandemic, the country’s central bank is more open to increasing loans to an already debt-heavy system than it is to cutting back.
More than 22 million American jobs were lost in the past six months; stock markets have been up and down; and people are generally anxious about what’s in their bank accounts right now. If you’re lucky enough to have the funds you need despite all the recent economic turbulence, ask yourself one key question, says Bradley T.
Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America is scheduled to report third-quarter earnings before the opening bell Monday. The firm generated $20.45 billion in revenue, missing the $20.8 billion estimate of analysts surveyed by Refinitv. Here’s what Wall Street expected: Earnings: 49 cents a share, 12% lower than the
Yet another showbiz star has joined the well-monied folds of celebrities living in L.A.’s Encino neighborhood — records reveal Steelo Brim has shelled out $4.2 million for a transitional-style mansion in the celeb-studded San Fernando Valley enclave. The “Ridiculousness” host’s new home weighs in at a substantial 6,000 square feet, with five bedrooms and seven
izusek | E+ | Getty Images The Social Security Administration announced this week that the cost-of-living adjustment for benefits in 2021 will be 1.3%. For the average retirement benefit, that amounts to just a $20 increase per month. Now, two Congressional Democrats — Reps. Peter DeFazio, D-Ore., and John Larson, D-Conn. — plan to propose
Three defaults and you’re out; scheme of several years; misstep by misstep; and other highlights of recent tax cases. North Brunswick, New Jersey: Preparer Juan Solano, 46, has been sentenced to a year and a day in prison for income tax evasion. Solano was the owner of J&C Solano Tax Service; during 2016 he reported
Courtney Keating | Getty Images Even homeowners with poor credit scores may be able to take advantage of mortgage refinancing options to ease their financial burden amid the coronavirus pandemic. The housing market is one of the only parts of the economy that’s seen a solid rebound during the Covid-19 crisis, thanks in part to
The fitness industry has struggled during COVID-19. In May, five of the strongest national brands saw visits down an average of 84.5% year over year, according to Placer.ai. But as the pandemic now stretches past six months, gyms are beginning to mount a modest comeback. It turns out being stuck at home has increased people’s