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?”

While the United States continues to reel from the impact of the Coronavirus pandemic, other countries have been suffering even more severely. Some countries were impacted by Coronavirus much earlier than the United States, such as Italy. Others have had their economy destroyed by it, such as Spain. What are other countries doing for their … Continue reading “Here’s What Other Countries Are Doing for Their Stimulus”

As the pandemic rages on, many people are asking themselves whether the cost of the shutdown is worth the proposed benefit. At present, many Americans are failing to pay their rent and other bills while grocery stores remain understocked. In addition to this, we continue to hear mixed projections on how long the lockdowns will … Continue reading “U.S. Federal Reserve Anticipates a Whopping 32% Unemployment Rate”

Last week, Congress passed a $2.2 trillion economic stimulus bill, which it is calling the CARES Act. Arguably the biggest news included in the act are one-time stimulus payments of up to $1,200 for individuals, and $2,400 for married couples based on their income level — plus $500 for each qualifying dependent under 17 years … Continue reading “These Lesser-Known Details of the COVID-19 Relief Bill are CRITICAL”

Strikes were once the purview of unions and employees, but gig workers are starting to get in on the game. Gig workers have a complex relationship with their employers, as they are technically independent contractors rather than actual employees. Nevertheless, Instacart workers are presently planning the largest gig strike in history. The results of this … Continue reading “Instacart Workers Plan Largest Gig Strike In History”

A stimulus check is coming for the vast majority of Americans, but there are some people who aren’t going to be getting a stimulus check. Let’s take a look at those who are and aren’t, and review how much people will be getting. First, let’s go over what the stimulus check is. Since the bill … Continue reading “Who is NOT Going to Get a Stimulus Check from the Government?”

Far-left Democrats and their friends in the establishment media have been praying for an economic downturn in hopes it would upend the Trump Administration. The COVID-19 pandemic is precisely what they wanted, but President Donald Trump’s leadership and America First policies are likely to make the economy rebound quickly and better than ever. With the … Continue reading “How Quickly Can Trump Mend America’s Economy After the Panic Ends?”

It’s a tough time for landlords… Many landlords want to be able to forgive their tenants’ rent, but it’s really not possible if they still need to pay mortgages themselves. There is a respite: There are many options for landlords right now. But that doesn’t mean that everyone has the same options. Landlords need to … Continue reading “Landlords During Coronavirus: Is Your Mortgage Stopped?”

Many people have been laid off in the wake of coronavirus. Non-essential businesses are shutdown in most locations. But that doesn’t mean that no one’s hiring. Essential businesses are hiring in droves, and that’s where people need to look for work. It’s also where people may want to look for their next investments. Here are … Continue reading “Who’s Hiring? The Businesses Hiring During Coronavirus”

We’ve covered this before in this space, but as the coronavirus pandemic continues to evolve and wreak havoc on the American economy, many Americans are at least thinking of ways they can stay afloat should they lose their jobs. We’ve always spoken of borrowing from or cashing out your 401K as a last-ditch, emergency option, … Continue reading “Borrowing From Your 401K? Here’s What You Should Know”

The unfortunate reality of the global coronavirus pandemic is that it has led to an economic downturn we haven’t seen in some while — and with this economic downturn, many businesses and companies have resorted to laying off their workers in an effort to stay solvent. While jobless reports are delayed, many experts forecast that … Continue reading “Job Lost Because of Coronavirus? Here’s What to Do Next”

The global coronavirus pandemic has forced businesses around the world to shut down, or at least operate at a limited capacity. While the idea behind self-quarantine is to allow the medical community time to develop treatments and boost their supply, the prolonged pause in economic activity is raising a host of new concerns. In California, … Continue reading “How Are Businesses Surviving The Coronavirus Lockdowns?”

While nobody is certain just how the coronavirus pandemic will end (or when exactly it will end) both in the United States and globally, one thing we can expect is for various stimulus packages to be passed and go into effect as various industries, businesses and individuals face the reality of the situation and struggle … Continue reading “Coronavirus Treasury Bonds to Hit the Market? It Could Actually Happen…”

The Trump Administration is moving forward with a massive stimulus package that includes provisions to send checks to every American citizen to alleviate the financial hardships brought on by the global coronavirus pandemic. A $1 trillion stimulus package has been put together, designed to help bail out big businesses, small businesses, and American citizens. But … Continue reading “More Details Emerge About Trump’s Plan to Give Cash to Every American”