By Allison Prang, Wall Street Journal Ben Johnson is looking for a data analyst and a data scientist to come work for his Philadelphia-area consulting firm. The search has now stretched to Chicago. U.S. companies of all sizes are struggling to fill jobs as surging demand and a reluctant labor
By Tracey Longo, FA Mag Women trail men significantly when it comes to accumulating adequate retirement savings and have socked away 40% less in their retirement accounts than men, according to a Bank of America survey released today. The survey found that only 55% of women participate in 401(k) plans
By Rachel Siegel, Washington Post Federal Reserve Chair Jerome H. Powell on Wednesday said that more widespread access to vaccines and “strong policy support” are helping economic activity and employment, with sectors hardest hit by the pandemic showing signs of improvement. Inflation is also rising in certain areas, but Powell
By Jeff Cox, CNBC The setting for 2021 seems clear: A powerful growth trajectory fueled by an influx of government spending as the U.S. recovers from the Covid-19 crisis and heads into the fastest economic acceleration in nearly 40 years. But after that, then what? The path beyond this rocket-fueled
By Michele Lerner, Washington Post The possibility of a first-time home buyer tax credit of up to $15,000 was part of President Biden’s campaign proposal to boost the participation of first-time buyers in the housing market. But the first indication of a new program for first-time buyers is the Down
By Zachary Warmbrodt, Politico Washington’s nearly $1 trillion small business rescue, now under the watch of President Joe Biden, is about to slam into a new obstacle — it’s already running out of money. The Small Business Administration is warning lawmakers that funds for the Paycheck Protection Program, which offers
By Charles Riley, CNN Business London (CNN Business) – President Joe Biden’s $1.9 trillion stimulus package will boost the US economy and drive faster global growth this year, the International Monetary Fund said Tuesday, though it warned that many countries continue to suffer from the pandemic and are at risk
By Lorie Konish, CNBC As vaccines ramp up and the economy reopens, many individuals and families may be eager to see this side effect of the Covid-19 pandemic continue: government stimulus checks. A recent poll from Data for Progress found 65% of Americans are in favor of payments of $2,000
By Anna Bahney, CNN The federal ban on evictions has been extended yet again, bringing relief to tens of millions of renters struggling to catch up. The Centers for Disease Control and Prevention extended its federal moratorium on eviction for non-payment of rent until June 30. It marks the third time
By Carmen Reinicke, CNBC Beginning April 6, small businesses and non-profits can apply for up to 24 months of relief, with a maximum loan amount of $500,000, the Small Business Administration announced Wednesday. The previous limit for such businesses was six months, with a maximum loan amount of $150,000. “More
