The White House is pushing for a payroll tax cut to cushion the economic impact of the coronavirus pandemic. With the stock market losing ground at a record-setting pace, event cancellations carrying into spring and businesses around the country soon to be feeling the trickle-down effect of the coronavirus pandemic, President Donald Trump has addressed … Continue reading “Trump Wants to Cut Payroll Taxes — What Would That Mean for You?”

Coronavirus has led to many employees working from home, and that could usher in a new era. Work from home employees were already increasing across the globe. It’s better for employees and it’s better for companies. But a forced introduction to work from home could also hasten the process. So, is this a harsh new … Continue reading “Why the Future of Employment May be Work-From-Home”

Former New York City Mayor Michael Bloomberg dropped out of the Democratic primary race following disappointing Super Tuesday results to endorse current frontrunner Joe Biden. And while the multi-billionaire has remained active in presidential politics, his failure presents a lot of lessons for future moguls to learn when entering politics. Bloomberg’s very presence in the … Continue reading “The Failure of Bloomberg: Presidential Elections May Not Be for Sale After All”

Super Tuesday has come and gone, leaving former Vice President Joe Biden a clear frontrunner in the Democratic primary. His only viable contender is Vermont Senator Bernie Sanders, a self-styled socialist who wants the government to take over the healthcare industry. While the race isn’t quite over, it does appear that Biden is going to … Continue reading “Health Stocks Are Rallying Over Bernie Sanders’ Eventual Defeat”

At the time of this writing, there are more than 160 confirmed coronavirus cases in the United States, with 12 people perishing from the deadly illness. And by the time you read this, there’s a good chance that the virus expands to more states and the number of confirmed cases is even greater. Containing the … Continue reading “Here’s What Coronavirus is Doing to Your Nest Egg”

Is a higher credit limit always better? It depends (more on that later), but you might be surprised to learn that the average American has about $22,750 in credit available to them right now across all of the credit cards that they have in their wallet. This $22,750 number is according to a 2019 study … Continue reading “What is the Average Credit Limit — And Should You Raise Yours?”

Coronavirus is having a tremendous impact on the travel industry. Apart from ai travel bookings being slowed by 19.3%, events are being canceled, and hotels are getting hit hard. How long the coronavirus scare will last is unknown, but there are reports of 9 dead in the Seattle area, and exposure around the nation. Let’s … Continue reading “Flight Bookings Slowed By Almost 20% In Wake of Coronavirus”

It seems as though coronavirus is everywhere — not only geographically, but also in the news and media. Concerns about the fast-spreading disease have hit the corporate world particularly hard. With gatherings of large numbers of people now being discouraged, there are many events being canceled out of the fear of bringing in vectors. Here’s … Continue reading “Corporate Leaders Cancel Huge Events Due to Coronavirus”

In a surprise move, the U.S. Federal Reserve announced on Tuesday that it will be cutting interest rates by as much as 10 basis points to keep markets competitive in the face of coronavirus fears. The announcement comes after volatile activity on Wall Street. Just last week, the DOW Jones Industrial Average saw its sharpest … Continue reading “Federal Reserve to Cut Interest Rates Over Coronavirus Concerns”

Americans as a whole are on the hook for a whooping $1.6 trillion in student loan debt. You could say that it’s a bit of a problem, and not just when it comes to the monthly bill that young professionals have to budget for each month. No, student loan debt might also prevent individuals from … Continue reading “Invest or Pay Off Student Loans: What’s Better?”

The Dow: It’s gone from a record high to a decline of more than 10 percent in just a few days. And there’s one — and only one — thing to blame for it: coronavirus. Yes, despite President Donald Trump’s best attempts to calm any fears over the potential spread of the deadly virus in … Continue reading “The Coronavirus Infects the Stock Market: What You Need to Know”

It’s about to become billionaire vs. billionaire in the presidential election. In the last week or so, former New York City Mayor Mike Bloomberg has come out of the gate swinging in the DNC primaries, boasting an impressive 19% popularity and now second only to Bernie Sanders. Bloomberg has stumbled a little over some personal … Continue reading “Election 2020 Could Become the Battle of the Billionaires”

IKEA is experimenting with a new system: Letting customers pay with time. This app-driven prospect measures out how far customers need to drive to the IKEA and then doles it out in the form of discounts. And, if it works, it could change the way that some more distant companies are able to attract customers. … Continue reading “IKEA is Letting its Customers Pay with Their Time”

One of the greatest ironies of the Democratic nomination process has been the amount of wealth held by the candidates — most of whom have net worths far above anything their supporters could dream of. Bernie Sanders, who regularly slams other politicians for their own wealth (while not mentioning his own) went after another monied … Continue reading “Buying the Presidency? Mike Bloomberg is Spending $7 Million DAILY”

To say that America has undergone some significant tax reform in the least several years would be an understatement, and there’s the Tax Cuts and Jobs Act of 2017 to largely thank for that. And while you weigh common tax season dilemmas like whether to itemize or take the standard deduction this year and continue … Continue reading “A New Tax Incentive for Stocks Could be Coming in 2020”

It’s estimated that more than 110 million Americans, or roughly two-thirds of all taxpayers, received a tax refund from the IRS in 2019, with the average check coming in around $3,000. Now, it should go without saying that your goal when filing your taxes is to come as close to breaking even as possible. If … Continue reading “5 Smart Things You Can do with Your Tax Refund”

Trump is making moves to end the Public Service Student Loan Forgiveness Program, an operation that’s run for a little more than a decade and is intended to wipe out debt for some of those who took on student loans. Ultimately, it comes down to whether people feel that funds are better off in educating … Continue reading “Trump Moves to Reduce Student Loan Forgiveness”