Hedge fund manager Bill Ackman appeared on CNBC earlier this month tearfully begging for a nationwide shelter in place because he thought “hell” was coming.” But investors didn’t realize that Ackman was about to profit in a big way from the turmoil on Wall Street.
As the impact of the coronavirus pandemic continues to take a toll on people’s financial lives, the federal government is sending some help. A $2 trillion stimulus package, which includes direct payments to many Americans, aims to bolster the economy and provide a safety net
Carrie Hubbard doesn’t know when the next paycheck will come. The coronavirus outbreak closed the mental health center where she works part-time and she doesn’t have sick leave or paid time off. Now her home state of California is under a “stay at home” order.
More people following “stay at home” orders during the coronavirus outbreak, and cash is no longer king. With concerns about passing around bills, the homebound are ordering take-out and shopping online using credit instead. But relying heavily on credit cards could not come at a
No one knows when the next financial downturn will hit, but everyone can take steps now to prepare for it. With markets becoming more volatile this week, it’s a good time to figure out if you’re ready to weather an impending storm. “Recession-proofing your portfolio
Workers across the country are getting settled into their new home offices. More than half the US population has been ordered to stay at home, which means there are a lot of remote-work novices trying to figure out the most efficient and comfortable way to
Grinding out an eight-hour workday used to be so easy. For parents who are now working from home due to the coronavirus outbreak, things have gotten a lot more difficult. Not only do they have new co-workers — their kids — but some also have
Many workers are taking business meetings from their living rooms or kitchens these days With a growing number of companies asking employees to work from home due to coronavirus, video conferencing has allowed workers to continue having meetings. It also satisfies the social interaction many