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 […]
New York, NY…Markets Off Big on Tech Leader Testimony & Virus Concerns.
San Jose, CA…The migration toward digital payments and digital representations of value continues to accelerate, driven by the COVID-19 pandemic and the increased interest in digital currencies from central banks and consumers. PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the launch of a new service enA new service from PayPal allows its customers to buy, hold and […]
Washington, DC…The U.S. Census Bureau announced the following advance estimates of U.S. retail and food services sales for September 2020: Advance estimates of U.S. retail and food services sales for September 2020, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $549.3 billion, an increase of 1.9 percent (± […]
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 […]
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 […]
San Andreas, CA…Local active Community member selected to fill the role of Hospital fundraising San Andreas- September 25, 2020- Mark Twain Medical Center has announced that after a competitive and thorough search they have successfully hired the new Manager of our Philanthropy Department. Charanjit Singh (CJ) will be responsible for developing and directing all aspects […]
Washington, DC…The U.S. median household income was $68,703 in 2019, 6.8% higher than in 2018, according to U.S. Census Bureau statistics released today. That’s the highest median U.S. household income since they began recording it. But the COVID-19 pandemic affected who responded , potentially biasing the estimate upward. So, was household income last year really […]
Murphys, CA…The Markets as of market close August 31, 2020. The positive run for stocks continued in August as the major market indexes regularly reached all-time highs. While investors remained bullish toward equities, it wasn’t always clear why. Although the economy is gradually picking up steam, it has a ways to go to reach its […]
Murphys, CA…The Markets as of market close July 31, 2020. Stocks posted gains in July in spite of gloomy news on the economic and pandemic fronts. Investors continued to trust equities despite the gross domestic product falling nearly 33.0% in the second quarter, mixed quarterly corporate earnings results, emerging pandemic hot spots, growing unemployment claims, […]
Washington, DC…Gross Domestic Product, 2nd Quarter 2020 (Advance Estimate) and Annual Update. Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 5.0 percent. The […]
Angels Camp, Valley Springs, Ione & Jackson, CA….Your Local H&Block Office is Open Ready to Serve!
Murphys, CA…Cares Act May Offer Welcome Relief to Retirement Account Owners Broadridge Investor Communication Solutions, Inc. does not provide investment, tax, legal, or retirement advice or recommendations. The information presented here is not specific to any individual’s personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to […]
Minneapolis, MN….The GoFundMe fundraising account for George Floyd’s family has set fundraising records! When the offline contributions are combined with the online his family has now raised over $14,000,000. Click on the image below to go to the fundraiser. From the GoFundMe profile…”On May 25, 2020, my life shattered as I learned of the tragic […]
Angels Camp, Valley Springs, Ione & Jackson, CA….Your Local H&Block Office is Open Ready to Serve! In the past few months, we’ve changed the way we work. We’ve changed the way we live – shopping for groceries online, staying six feet apart in checkout lines, and helping kids with homeschooling. We’ve changed the way we […]
Washington, DC…Total nonfarm payroll employment rose by 2.5 million in May, and the unemployment rate declined to 13.3 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflected a limited resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and […]
Washington, DC…COVID-19 Impact The COVID-19 virus continues to impact the number of initial claims and insured unemployment. This report includes information on claimants filing Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation claims. In the week ending May 30, the advance figure for seasonally adjusted initial claims was 1,877,000, a decrease of 249,000 from the […]
Angels Camp, Valley Springs, Ione & Jackson, CA….Your Local H&Block Office is Open Ready to Serve!
Murphys, CA…The Markets (as of market close May 29, 2020) May saw several states and foreign countries ease restrictions put in place in response to the COVID-19 pandemic. As economies slowly picked up momentum, investors grew more confident in stocks, driving values higher. However, investor optimism was kept in check by sobering economic reports and […]
Washington, DC…In the week ending May 9, the advance figure for seasonally adjusted initial claims was 2,981,000, a decrease of 195,000 from the previous week’s revised level. The previous week’s level was revised up by 7,000 from 3,169,000 to 3,176,000. The 4-week moving average was 3,616,500, a decrease of 564,000 from the previous week’s revised […]
Washington, DC…Treasury Secretary Steven Mnuchin joined Chris Wallace yesterday in an interview on ‘Fox News Sunday. He discussed the toll Covid-19 is having on economy and what additional steps may be taken to help the economy recover.
Washington, DC…Total nonfarm payroll employment fell by 20.5 million in April, and the unemployment rate rose to 14.7 percent, the U.S. Bureau of Labor Statistics reported today. The changes in these measures reflect the effects of the coronavirus (COVID-19) pandemic and efforts to contain it. Employment fell sharply in all major industry sectors, with particularly […]
