Medical workers transport a patient outside a special Covid-19 area at Maimonides Medical Center in Brooklyn, New York, on May 17. Johannes Eisele | Getty Images If you’re collecting more on unemployment than what you earned while working, it could affect how much you pay for health insurance. For households that bought coverage through one
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Will the economy rebound without more stimulus? White House economic adviser Kevin Hassett seems to think so. He said yesterday that “it’s possible that we will see a strong-enough economy that we don’t need a phase four” stimulus package. He, like other White House officials, says the US should  assess the impact of existing relief
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Marc Andreessen, co-founder and general partner of Andreessen Horowitz David Paul Morris | Bloomberg | Getty Images Amid a sharp pullback in venture capital activity during the coronavirus pandemic, one Silicon Valley start-up is showing what could be a path forward for other new companies seeking funding. The business, a payroll platform for remote workers
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Sheraton Grand Sacramento Hotel Source: Sheraton Grand Sacramento Hotel A small firm is looking to make a change at a real estate investment trust, an area typically tough for activism. Company: CIM Commercial Trust Corp. (CMCT) Business: Real estate investment trust that primarily acquires, owns, and operate Class A and office assets in the United States. Stock market
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A driver and passenger wearing protective masks exit the ride sharing pickup area in a car displaying Uber Technologies signage at San Francisco International Airport in San Francisco, California, U.S., on Monday, May 4, 2020. Photographer: David Paul Morris/Bloomberg via Getty Images Bloomberg Leonardo Diaz is in a tough spot. Diaz, a driver for Uber
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Jeff Lawson, CEO, Twilio Scott Mlyn | CNBC An index of cloud stocks developed by venture-capital firm Bessemer Venture Partners reached new highs this week as  U.S. indexes still recover from the selloff that began in February.  The BVP Nasdaq Emerging Cloud Index, established in 2013, is up about 31% for the year, while the S&P
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Hispanolistic Over 152 million stimulus checks have been issued to individuals over the last six weeks, according to data from the U.S. Treasury Department and Internal Revenue Service. In all, the agencies have distributed $257.9 billion in Economic Impact Payments. Uncle Sam began depositing the funds into taxpayers’ bank accounts in mid-April. The average payment came
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With the coronavirus pandemic impacting the entire country, the IRS is moving its Nationwide Tax Forums to a virtual format this summer, with a series of live-streamed webinars beginning this July. The forums were scheduled to take place in six cities around the country; those in-person events are canceled. Initial registration for the in-person 2020
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Treasury Secretary: We’ll likely need another relief bill. Treasury Secretary Steven Mnuchin told The Hill yesterday that there is a “strong likelihood” that the nation will need another coronavirus relief bill. But, he said, “We’re going to step back for a few weeks and think very clearly how we need to spend more money and
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