- Understanding Contractionary Fiscal & Monetary Policy
When inflation threatens an economy by becoming excessive, the government has two ways to dial back the problem: Contractionary fiscal policy and contractionary monetary policy. Congress handles the former, while the U.S. central bank, known as the Federal Reserve or… read more…
- Master of Business Administration (MBA)
A master of business administration (MBA) degree is designed for those who want to hold leadership or management positions in corporate or public sectors. It’s the world’s most popular professional degree program, and there are thousands of MBA programs around… read more…
- Are We in A Recession?
The coronavirus pandemic has hammered the U.S. economy and Americans’ incomes. The National Bureau of Economic Research (NBER) said on June 8 that in February 2020 the economy fell into recession, ending 128 months of growth – the longest growth period since 1854. The announcement was not altogether a surprise. Here’s why and a look at… read more…
- How Government Subsidies Are Supposed to Work
Subsidies, which are a kind of economic stimulus, are government payments made to businesses. Subsidies can target either specific companies or an entire industry, and they typically apply in one of two ways. In some programs the government supports an… read more…
- What Is a Trust and How Does It Work?
Drafting a will can help ensure your assets are passed on to your heirs according to your wishes when you pass away. But if you have a larger estate, you may consider setting up a trust to manage your assets… read more…
- Intestate: Definition, Risks and State Laws
Intestate refers to the situation where an individual passes away without a valid will in place, leaving their estate distribution subject to state intestacy laws. These laws dictate how assets are allocated among surviving family members, often favoring spouses and children, but varying widely depending on the state. Without a will, the probate court steps… read more…
- How to Spot an Overvalued Stock
When market volatility strikes, savvy investors recognize it as an opportunity rather than a setback. One such strategy to consider is short selling – an approach that can yield significant returns when executed correctly, but requires a solid understanding of the risks involved. Short selling involves borrowing stocks, selling them at their current market price… read more…
- South Dakota Coronavirus Relief Programs
Like most states, South Dakota has taken multiple steps to recover its economy during the COVID-19 pandemic. The state currently has more than 2,200 cases with 11 deaths, according to the South Dakota Department of Health. And the government has both created and expanded various state programs to aid individuals and small businesses impacted by… read more…
- North Dakota Coronavirus Relief Programs
The ongoing COVID-19 pandemic and accompanying economic crisis has impacted life throughout the world, hurting both individuals and small businesses as our normal way of living has profoundly changed. North Dakota has not been hit particularly hard by the outbreak, but there is not a corner of the United States that has not at least… read more…
- Wyoming Coronavirus Relief Programs
The COVID-19 pandemic and accompanying economic crisis has impacted life everywhere, from major cities to small towns in the middle of the United States. The state of Wyoming has not been hit as hard as some other states, possibly owing to its small population and low population density, but the Cowboy State has still felt… read more…
- Alaska Coronavirus Relief Programs
The COVID-19 pandemic has caused problems all around the world, and Alaska, despite its relative remoteness, has not been spared. The lives of both individuals and businesses in the Last Frontier State have been impacted by the pandemic and the economic downturn that has accompanied it. During and after this crisis, consider working with a… read more…
- Delaware Coronavirus Relief Programs
As Delaware’s coronavirus cases approaches 3,000, the state has introduced many measures to keep its residents safe and to protect any individuals or small businesses adversely impacted by the outbreak. And the Coronavirus Aid, Relief and Economic Security (CARES) Act provides direct coronavirus crisis government help at the federal level, with several programs for coronavirus… read more…
- Montana Coronavirus Relief Programs
Montana provides a number of relief programs to combat the economic challenges presented by the COVID-19 outbreak. With more than 480 cases and fewer than 20 deaths, the state has implemented stay-at-home orders, unemployment benefits expansions and numerous other coronavirus assistance programs for individuals and small businesses. But the U.S. also provides coronavirus crisis government… read more…
- Rhode Island Coronavirus Relief Programs
As a response to the economic challenges presented by COVID-19, Rhode island is providing widespread coronavirus support to individuals and small businesses impacted by the pandemic. In fact, the state’s efforts have led to unemployment benefits expansions, utilities expansions, financial grants and more. And if you’re a coronavirus-impacted employee or small business owner, you can… read more…
- Telehealth Coverage During the Coronavirus Pandemic
Traditionally, if you needed medical care you’d head to your doctor’s office, urgent care clinic or even the emergency room. With the COVID-19 pandemic keeping many Americans home, telehealth services have emerged as an alternative to in-person care. Being able to consult a doctor remotely can be convenient, but what exactly does it involve and… read more…
- Does My Health Insurance Cover Coronavirus Treatment?
As the number of coronavirus cases in the U.S. grows, you might be wondering whether your health insurance will cover you if you were to contract the disease, COVID-19. While every health plan differs, here’s what you need to know about your policy and what coverage you can expect. COVID-19 Coverage and Cost Concerns Making… read more…
- The Money Market Mutual Fund Liquidity Facility
During a recession the Federal Reserve gets the most headlines for dropping its benchmark interest rates to spur lending, and the spending that lending allows. While that’s the most well-known move the Fed makes, it’s far from the only one. In fact the U.S. central bank has a number of ways it can influence monetary… read more…
- Does Medicare Cover Coronavirus (COVID-19) Costs?
Elderly people have been hardest hit by the coronavirus pandemic, with the greatest risk of complications and death occurring among older people. If you’re an elderly person on Medicare, you might be wondering what medical costs related to coronavirus are… read more…
- Maine Coronavirus Relief Programs
Maine provides several coronavirus relief options for its individuals and small businesses. As the state works to recovery its economy, it has introduced numerous expansions and programs to support those severely impacted by the pandemic. Among these are unemployment benefits expansions, financial grants and various other programs. But employees and small business owners may also… read more…
- New Hampshire Coronavirus Relief Programs
New Hampshire is one of the smallest and most rural states in the U.S., so it makes sense that, compared to larger, more urban states, it has not been hit as hard by the COVID-19 pandemic. The state confirmed its first case on March 2; within six weeks it had 3,382 confirmed cases and 151 deaths. Individuals… read more…
- Hawaii Coronavirus Relief Programs
In comparison to the rest of the U.S., the state of Hawaii hasn’t been hit particularly hard by the coronavirus pandemic. In fact, by mid-May 2020 there were 638 confirmed cases of COVIDF-19 and 17 fatalities. However, the state is feeling the effects of the pandemic in other ways. There has been a statewide stay-at-home… read more…
- Idaho Coronavirus Relief Programs
Idaho had 2,157 confirmed cases of coronavirus and 72 deaths by mid-May. Small businesses can access federal and state programs for pandemic-related hardships. State residents who need resources to help them through the COVID-19 pandemic should take advantage of the multitude of federal relief provisions that have been implemented over the first few months of 2020. If… read more…
- West Virginia Coronavirus Relief Programs
West Virginia was the last state in the United States to report a coronavirus case, with its first confirmed case coming on March 17, 2020. Two months later the state had 1,427 cases and 60 fatalities. While that’s a relatively modest tally, businesses have been forced to close and residents have been ordered to stay… read more…
- Tennessee Coronavirus Relief Programs
The state of Tennessee has thousands of confirmed cases of coronavirus. As a result of the economic effects stemming from this pandemic, Tennessee and the federal government have separately come up with a series of individual and small business relief programs. These programs are designed to temporarily alleviate the economic effects of the pandemic. While… read more…
- Indiana Coronavirus Relief Programs
With around 15,000 coronavirus cases statewide, Indiana has been hit hard by the COVID-19 outbreak. People have been ordered to stay at home since March 24, and non-essential businesses have been closed temporarily. Thousands have been laid off and furloughed from their jobs due to these restrictions. As a result, Indiana has developed some relief… read more…