Washington, DC… The House and Senate have passed the American Rescue Plan and President Biden looks forward to signing it into law this week. How Working Americans Will Receive Their Direct Payments: The Treasury and IRS are working to ensure that we will be able to start getting payments out this month. And the IRS […]
Murphys, CA….The Markets as of market close February 26, 2021. February began on a high note as investors drew encouragement from strong fourth-quarter earnings reports and encouraging employment data. However, news was not all positive. The COVID-related death toll in the United States reached 500,000. Nevertheless, two vaccines were rolled out last month, with a […]
Angels Camp, Jackson, Valley Springs & Ione, CA…The pandemic has changed nearly every American’s life, and how people prepare to file taxes this year is no exception as they navigate uncertainties including – 25% of Americans lost their jobs with many receiving unemployment for the first time, working from home, receiving or having unclaimed stimulus […]
Sacramento, CA… Yesterday, Governor Gavin Newsom signed into law a comprehensive package of immediate actions that will speed needed relief to individuals, families and businesses suffering the most significant economic hardship due to COVID-19. The package, passed by the Legislature this week, builds on the initiatives in the Governor’s January state budget proposal to provide […]
Los Angeles, CA…Provo-Orem, Utah has demonstrated the best economic performance among large cities according to the 2021 Milken Institute Best-Performing Cities Index. Idaho Falls, Idaho moves up six spots to top the list among small cities. The Index, published annually since 1999, offers a first look at how the pandemic has impacted regional economies across […]
Angels Camp, Jackson, Valley Springs & Ione, CA…The pandemic has changed nearly every American’s life, and how people prepare to file taxes this year is no exception as they navigate uncertainties including – 25% of Americans lost their jobs with many receiving unemployment for the first time, working from home, receiving or having unclaimed stimulus […]
Arnold, CA…I am passionate about helping my clients protect their families and their assets utilizing various insurance products. Call 209-200-1901 and we can go over your insurance needs or setup an appointment. We Carry Life, Auto, Home, Renters, Umbrella, Disability, Earthquake. Commercial. Classic Auto. Workers Comp. Dental & Vision, Medicare Supplement. The driving force behind […]
Washington, D.C…. A Texas engineer pleaded guilty today for filing fraudulent bank loan applications seeking more than $10 million dollars in forgivable loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Acting Assistant Attorney General Nicholas L. McQuaid of the Justice Department’s Criminal Division, Acting U.S. […]
Angels Camp, Jackson, Valley Springs & Ione, CA…The pandemic has changed nearly every American’s life, and how people prepare to file taxes this year is no exception as they navigate uncertainties including – 25% of Americans lost their jobs with many receiving unemployment for the first time, working from home, receiving or having unclaimed stimulus […]
Washington, DC…If you believe the constant drum beat from talking heads of all political persuasions we are a deeply divided country. I don’t believe we’re as divided as they would like to have us believe as they make money and gain influence by having us at loggerheads. There are however some discrepancies that are just […]
Angels Camp, Jackson, Valley Springs & Ione, CA…The pandemic has changed nearly every American’s life, and how people prepare to file taxes this year is no exception as they navigate uncertainties including – 25% of Americans lost their jobs with many receiving unemployment for the first time, working from home, receiving or having unclaimed stimulus […]
Washington, DC…The unemployment rate fell by 0.4 percentage point to 6.3 percent in January, while nonfarm payroll employment changed little (+49,000), the U.S. Bureau of Labor Statistics reported today. The labor market continued to reflect the impact of the coronavirus (COVID-19) pandemic and efforts to contain it. In January, notable job gains in professional and […]
Washington, DC…Two Trillion dollars in revenues. Six trillion dollars in spending. This is madness. This is how countries commit fiscal suicide: force the economy to shut down and then hand out government checks. The problem, of course, is that government does not finance the economy. It is the economy that finances the government. And when […]
Washington, DC…United States Senator Elizabeth Warren (D-Mass.) and Senate Majority Leader Chuck Schumer (D-N.Y.), and Congresswoman Ayanna Pressley (D-Mass.) led their colleagues in reintroducing their bicameral resolution outlining a bold plan for President Biden to tackle the student loan debt crisis by using existing authority under the Higher Education Act to cancel up to $50,000 in […]
Angels Camp, Jackson, Valley Springs & Ione, CA…The pandemic has changed nearly every American’s life, and how people prepare to file taxes this year is no exception as they navigate uncertainties including – 25% of Americans lost their jobs with many receiving unemployment for the first time, working from home, receiving or having unclaimed stimulus […]
Washington, D.C…. Joe Biden signs orders for strengthening Medicaid and The Affordable Care Act, as well as an order to protect Women’s Health. 1:43 P.M. EST THE PRESIDENT: Since we are socially distanced, I think I can take my mask off to make this very brief announcement. I know that you’ve been briefed by the […]
Angels Camp, CA…2020 has been devastating to many in our county, in our country and throughout the world. Calaveras County residents have experienced job loss, homelessness, shortages of food, needed supplies and personal protective equipment, business shutdowns or partial closures, and sheltering in place for months as we all continue to deal with the COVID-19 […]
San Andreas, CA… Mark Twain Medical Center (MTMC) recently awarded three local organizations in Mountain Ranch the Dignity Heath Mark Twain Medical Center Community Grant for 2020, totaling over $32,000 towards their partnership in ‘The greater access initiative’. The three organizations awarded are; Central Calaveras Fire and Rescue Protection District, Mountain Ranch Youth Alliance and […]
Sacramento, CA… As millions of Californians struggle to make ends meet as a result of the COVID-19 pandemic, Governor Gavin Newsom today announced two immediate action items in his 2021-22 State Budget proposal to help low-income Californians. First, the Golden State Stimulus would provide a $600 rapid cash support directly to roughly four million low-income […]
Sacramento, CA… Governor Gavin Newsom today previewed his Equitable Recovery for California’s Businesses and Jobs plan, the business and workforce recovery elements of his 2021-22 State Budget that will help California through the COVID-19 pandemic and advance an equitable, broad-based recovery. Watch the Governor provide a brief overview of his Equitable Recovery for California’s Businesses […]
Washington, D.C….To the house the representatives: I am returning, without my approval, H.R. 6395, the National Defense Authorization Act for Fiscal Year 2021 (the “Act”). My Administration recognizes the importance of the Act to our national security. Unfortunately, the Act fails to include critical national security measures, includes provisions that fail to respect our veterans […]
San Andreas, CA… On December 20, 2020, Congress passed a new Economic Stimulus Package. Here are some important things that businesses need to know; most important, business funding grants will be on a first come first serve basis, and call your bank tomorrow to find out whether they are participating in funding options like the […]
Murphys, CA…Despite a downturn on the last day of the month, stocks rebounded impressively in November from a moribund performance in October. Several of the benchmark indexes reached record highs during November as investors shifted slightly from tech stocks to shares influenced by economic cycles. While the presidential election, COVID-19, and additional fiscal stimulus dominated […]
Washington, DC…Today, President-elect Joe Biden announced key members of his economic team, including Janet Yellen, Secretary of the Treasury; Neera Tanden, Director of the Office of Management and Budget; Wally Adeyemo, Deputy Secretary of the Treasury; Cecilia Rouse, Chair of the Council of Economic Advisers; and Jared Bernstein and Heather Boushey, members of the Council […]
New York, NY…Dow Surges Past 30,000 for First Time on Vaccine & Smooth Transition Hopes. Still to early to see if it will hold above at at close, but still a milestone…
New York, NY…Markets Surge to All Time Highs on Vaccine News
Placerville, CA… Although the Eldorado National Forest is set to receive moisture this weekend, fire and camping restrictions are still in effect to prevent an unwanted wildfire. “We’ve been setting records for dry fuel conditions for more than 2 months,” said Forest Supervisor Jeff Marsolais. “Each day, we measure the dryness of the fuels which gives […]
San Andreas, CA…Inside View with Host John Hamilton & Guest Cory Burnell 11/4/2020
Washington, DC…The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Economic activity and employment have continued […]
Suitland, MD…Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 31.4 percent. The increase in third quarter GDP reflected continued efforts to reopen businesses […]
