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Further to my ideas to help stabilize the economy in last week’s column — some of which came to be implemented, and are now in the proposed bill — I have a few more suggestions. I propose that the Treasury and the Federal Reserve use banks — at little-to-no profit — as conduits to expedite …
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Dear John: I have been following you for over 25 years. Is there any chance the proposal that you wrote in 2004 about dipping into retirement money at a reduced tax rate could now be passed? It would stimulate the economy and generate tax revenue. In my humble opinion, we could be heading into a …
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Workers fired or dislocated by the coronavirus have big questions about everything from health care and unemployment benefits to fears of termination and Chinese virus exposure. Employment attorneys and other experts are being flooded with queries from people lacking immediate answers on their most basic rights in these unprecedented times, with many folks nervous about …
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Rams coach Sean McVay and fiancée Veronika Khomyn are making the most of their time quarantining amid the coronavirus pandemic. Taking to Instagram on Wednesday, Khomyn answered a slew of questions from fans, ranging from wedding planning progress to what they do in the offseason. “We’ve really just taken this time to take care of …
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The US economy has fallen into a recession because of the Chinese virus pandemic that will make for a “brutal” three months ahead, Bank of America warned Thursday. The bank expects the nation’s gross domestic product to plunge a record 12 percent in the second quarter of this year after meager growth of 0.5 percent …
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The number of people applying for unemployment benefits spiked by about a third last week in an early sign the Chinese virus pandemic is causing job losses around the US. Some 281,000 people filed initial jobless claims in the week ending March 14, the US Department of Labor said Thursday. That’s the highest number since …
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Unemployment claims shot to the highest level in years last week as the coronavirus pandemic continued to spread across the country, forcing businesses to shut down and lay off thousands of workers. The Labor Department reported 281,000 new claims for unemployment insurance for the weeks of March 8, a spike of 70,000 from the previous week …
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View this post on Instagram A post shared by Emily Weiss (@emilyweiss) on Mar 18, 2020 at 10:25pm PDT Emily Weiss gave her followers some good news amid the coronavirus pandemic. On Wednesday, the Glossier founder announced that her boyfriend, tech entrepreneur Will Gaybrick, had proposed. “So, a week ago, we got engaged. (!),” Weiss, …
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Amanda Bynes and her fiancé, Paul Michael, deleted an apparent pregnancy announcement from social media just hours after sharing it.
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Treasury Secretary Steve Mnuchin on Tuesday warned Republican senators that the nation could see 20 percent unemployment