It’s a concept that was thrust into the spotlight when former Democratic presidential nominee Andrew Yang was still in the race. We’re talking about universal basic income, and we covered the basics of Yang’s idea in a previous post in this outlet a few months ago. Basically, Yang’s idea was to establish a government-guaranteed monthly … Continue reading “Why Everyone is Talking About Universal Basic Income Again”

Americans lucky enough to retain their jobs during coronavirus lockdowns have relied heavily on telecommuting. Outside of work families and friends have flocked to video-chatting applications to stay in touch while also keeping in line with social distancing guidelines. During this time, one app has skyrocketed in popularity for both purposes. Zoom has shown some … Continue reading “Zoom’s Privacy Issues Emerge as App Becomes a Mainstay for Working from Home”

Forced lockdowns continue to have a devastating impact on supply chains and the industries that support them. Now, the food industry is sounding the alarm that they may not be able to fully recover if restrictions aren’t lifted soon. Tyson Foods warns that the food supply chain is “breaking,” as pig farmers are being forced … Continue reading “The Economic Shutdown is Forcing Farmers to Destroy Their Crops”

Is the worst over when it comes to the stock market? Investing experts seem to think so, at least in as it pertains to the S&P 500, the index that monitors the performance of the U.S.’s largest 500 publicly-traded companies. Currently, investors are looking at this stabilization as a positive sign – even when the … Continue reading “Planning Your Investment Portfolio for the Rest of 2020”

This summer is bound to look a little bit different from other summers in America. Though Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases, says that there’s still a very good chance that Americans will be able to take planned vacations this summer, between social distancing, capacity limits and the … Continue reading “Coronavirus Cancelations: How to Get Your Money Back on Booked Vacations”

One of the world’s most recognized names in technology could be paying the price for asking consumers to cough up too much. Now, even investors are encouraged to drop the brand from their stock portfolios. Apple has long been criticized for driving smartphone prices up. Once Apple broke the $1,000 mark, other phone manufacturers soon … Continue reading “Apple Releases Cheap iPhone, is Downgraded to a “Sell””

In the market for a new car? While this might not seem like a priority for most consumers at the moment, there may never be a better time in the future. Rates are low and dealerships are nervous. That’s combining to some fantastic auto deals for those who are interested in purchasing a new car. … Continue reading “Automakers Are Starting to Offer Outstanding Deals”

The COVID-19 pandemic is having far reaching effects on nearly every aspect of the global economy. Here in the United States, one of the more hard hit sectors are small businesses. Small businesses are particularly susceptible because they don’t have the large corporate backing that can often help weather any temporary financial storm. And as … Continue reading “How Small Businesses Can Weather the Pandemic Storm”

Stimulus checks started hitting bank accounts for the Americans that qualify. So there’s a good chance that by the time you’re reading this, the money you are due thanks to the CARES Act has already been directly deposited. But whether or not you’ve already received your money from the U.S. Treasury or are still waiting … Continue reading “Busting Myths About the Stimulus Checks Hitting Bank Accounts”

There are a lot of new names appearing in the fight against the global coronavirus pandemic. Businesses are being forced to pivot, and many of them are shifting their supply towards demand. A number of high profile companies have switched to making the necessities: sanitizer, masks, and respirators. These are agile companies that are ready … Continue reading “These Companies Are Now Making Sanitizer, Masks, and Respirators”

The global coronavirus pandemic has forced countries around the world to shut down nearly all economic activity. The United States, the largest economy in the world, had a lot to lose by doing the same, and it has. However, the economy has to reopen eventually, and many states are already beginning to make plans. As … Continue reading “States Start to Plan Their Reopening”

While the economy is weak and small businesses struggle all over the US due to the coronavirus pandemic, Democrats once again let the American people down on Thursday by failing to approve an emergency funding infusion for the Paycheck Protection Program (PPP), a federal plan designed to extend loans to keep small businesses afloat and … Continue reading “Why Do Democrats Keep BLOCKING Aid for Small Businesses?”

We can speak for all Americans when we say that we hope that the economic perils the country is currently facing are short-lived and we can go back a bustling economy soon. But in the meantime, we’re all likely to feel the pinch of the pandemic in some way. The good news is that the … Continue reading “Practical Tips for Cutting Costs During the Pandemic”

Stocks are poised to end the week on a very strong note, a sign that investors are encouraged by the potential of an economy that can snap back quickly – and it’s largely due to an initiative from the Federal Reserve. Specifically, America’s central bank has announced a plan to inject a whooping $2.3 trillion … Continue reading “The Fed Got $2.3 TRILLION to Float the Economy — Here’s How They’re Spending It”

The current unemployment rate is at 13%, far above the previous pre-Coronavirus estimates of 4.4%. It has not been at this level since 1982, and has destroyed the record-breaking low numbers achieved previously. It’s estimated that the unemployment rate could break 30% by the time Coronavirus has reached its peak. But in situations such as … Continue reading “Unemployment Stands at 13% — Are These Jobs Coming Back?”

While unemployment has skyrocketed as the United States aims to contain the coronavirus pandemic, many Americans are asking what resources are available to them if they are furloughed by their employer. This isn’t the same as being laid off or fired. Because of this, the steps you would have to take afterward are different. We … Continue reading “What Happens if You’re Furloughed Due to the Pandemic?”

We’ve talked a bit about how paper money is likely to be phased out in the coming decades or years, but based on the current times, this timeline could be accelerated – and for one big reason: germs. Yes, while there’s yet to be published research on whether or not the current coronavirus can live … Continue reading “Is Paper Money Nearing its End?”