Author: Jeanna Smialek

Trump’s unemployment program pays up to $1,800 in extra benefits to workers who qualify

Most unemployed workers will get up to $1,800 in extra jobless benefits through the Lost Wages Assistance program created last month by the Trump administration. The program pays a $300-a-week federal subsidy on top of the unemployment benefits workers currently receive. It follows the lapse of a $600 weekly supplement in late July. States, which…
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Coronavirus bringing record $1 trillion of new global corporate debt in 2020

Companies around the world will take on as much as $1 trillion of new debt in 2020, as they try to shore up their finances against the coronavirus, a new study of 900 top firms has estimated. The unprecedented increase will see total global corporate debt jump by 12% to around $9.3 trillion, adding to…
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Goldman Sachs offers employees an extra 10 days of family leave to cope with coronavirus

Goldman Sachs has offered its employees worldwide an extra 10 days of leave to help them care for children or elderly relatives affected by the coronavirus. The US bank told employees last night that they were entitled to the extra time off to handle the “unique personal circumstances related to the profound impact of Covid-19”.…
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Waiting for your coronavirus stimulus check?

If you haven’t received your coronavirus stimulus check yet, there’s a chance you’ll get it in the form of a prepaid debit card rather than a check in the mail. The Treasury Department announced Monday that around 4 million people who do not have their direct deposit information on file with the IRS will receive…
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Economic crisis recovery perceptions low: TRA

New Delhi: India’s crisis recovery perceptions are positive on the health front but lagging in terms of economic recovery, a white-paper by consumer insights and brand analytics company TRA Research said. There is a significant gap between the ongoing national lockdown in terms of decision making and implementation, and fears of long-term financial and economic…
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Paul Volcker, inflation-busting economist who served under six presidents, dies at 92

“Volcker was the man who made America a country that was regarded as not willing to take inflation anymore,” one financial analyst said. Former Federal Reserve Chairman Paul Volcker, who guided economic policy for more than half a century and served under six presidents, died Sunday. He was 92. Perhaps best known in recent years…
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Most Generous People in the World – part 2

Last week we show you 5 most generous people in the world, moving on, we will show you top 5 most generous people in the world : 5. Charles Francis Feeney Lifetime donations: $6.3 billion Net worth: $1.5 million Generosity Index: 420,000% Known as the “James Bond of philanthropy,” retail magnate Chuck Feeney is on…
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Most Generous People in the World – part 1

As 14th February is the day of love, what else is the love if not spreading your own wealth in the finance world? Pioneering American philanthropist Andrew Carnegie once set the standard for giving back: “No man can become rich without himself enriching others,” he said. “The man who dies rich dies disgraced.” Scores of…
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International Finance Invest

With the new year is coming, our comitment to serve you with excellent quality and dedication for your business will never fade. There will be lots of new opportunity this year as we grow bigger and better than ever before. All of us in International Finance Invest give you a Happy New Year 2020! Work…
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How Financial Institutions Can Maximize Their Holiday Promotional Campaigns

The holiday season keeps growing more complicated for financial marketers. A swirl of new factors impacting retailing offers more ways than ever to promote credit services. Two key questions must be addressed: Should financial marketers spend earlier in the season to beat the crowd and actually connect with consumers before they tune out? Is there…
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