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Economy

“U.S. Economy Likely to Reopen in May…”

“A silver lining seems to be emerging finally for the market ravaged by the coronavirus crisis. The United States, which has been under partial or complete lockdown in some states, might finally lift the same in May if the current… Continue Reading…

Economy, Stocks

“Stocks are finally flashing signs of a confirmed bottom, says analyst who called 25% rally”

“With the S&P 500 surging more than 10% for the week ending April 9 to wrap up its best weekly gain since 1974, investors might be giving more credence to the belief that the worst of the stock market rout is… Continue Reading…

Banking, Economy

“Fed Rolls Out $2.3 Trillion Program To Stabilize Economy”

“The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to support the economy. The money will target American households and businesses… The Fed said Thursday that it is activating a Main Street Business Lending… Continue Reading…

Economy

“Unemployment claims swell to 6.6 million…”

“The number of Americans seeking unemployment benefits swelled to 6.6 million last week… Claims between the period of March 28 and April 4 neared the previous week’s record of 6.87 million, according to the weekly jobless claims report from the Labor Department published… Continue Reading…

Stocks

“Jim Cramer predicts ‘U’ shape recovery, says economy ‘will bounce back gradually’”

“CNBC’s Jim Cramer on Tuesday suggested investors take advantage of the recent market upside to sell some stock and build up some cash for the next dip… A V-shaped recovery happens when a quick decline in economic activity is met by an… Continue Reading…

Economy

“The IRS changed the tax filing rule for Social Security recipients — why that’s a good thing”

“The rebate checks are part of the $2 trillion stimulus package President Donald Trump signed into law last week, intended to provide financial relief to Americans in the wake of the coronavirus pandemic. People can receive a rebate check up… Continue Reading…

Economy

“US weekly jobless claims double to 6.6 million”

“The torrent of Americans filing for unemployment insurance skyrocketed last week as more than 6.6 million new claims were filed, the Labor Department reported Thursday. That brings to 10 million the total Americans who filed over the past two weeks.… Continue Reading…

Economy

“28 percent of Americans say they’ve already lost wages due to coronavirus: poll”

“Twenty-eight percent of those surveyed said they’d already “lost wages or other personal income.” Another 16 percent said they were laid off or furloughed from work, and an additional 28 percent said they lost what they considered a “substantial amount” from… Continue Reading…

Predictions, Opinions, & Comments

Tips & Strategies To Help Survive This Rocky Economy

What I’m about to say is very important. Due to the current state of world affairs its a horrible idea to be nonchalant or just go with the flow. Getting straight down to business. If you’re in a major city,… Continue Reading…

Economy

“U.S. Economy Will Be in Trouble If Boomers Don’t Come Back to Work”

“Older workers have been one of the reasons job growth has remained so robust during the past few years. From the end of 2016 through February, employment among people between the ages of 25 and 54 increased by 3 million. For workers… Continue Reading…